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Milton S. Hershey, creator of The Hershey Company, was a chocolate industrialist and had founded the town of Hershey, Pennsylvania. [8] On November 15, 1909, [9] he and his wife, Catherine Hershey, signed over a 486-acre (1.97 km 2) piece of farmland, forming the Hershey Industrial School. [10]
The trust fund has a majority of voting shares in the Hershey Company, allowing it to keep control of the company. In 1951, the school was renamed the Milton Hershey School. The Milton Hershey School Trust also has 100% control of Hershey Entertainment and Resorts Company, which owns the Hotel Hershey and Hersheypark, among other properties.
Chocolate Avenue is a street in Hershey, Pennsylvania, that runs past the site of the original Hershey's Chocolate Factory, and is considered to be the main street of the town. [1] It runs northeasterly from Hersheypark Drive to the intersection of Pennsylvania Route 3017 (Lingle Avenue), at which point the road crosses into Lebanon County and ...
Catherine Sweeney Hershey was a known gardener and designed the gardens at her homes and the Milton Hershey School. Regardless of this, their marriage was seen as a successful and happy one. Especially when Hershey purchased a nearby home for his mother to move into (a tactic he would also employ when they moved to, and settled the town of ...
The trust was created in 1909 by a deed of trust from Milton and Catherine Hershey, granting 486 acres (197 ha) of land in Hershey for the establishment of the Milton Hershey School. [22] [23] In 1918, Milton Hershey quietly donated to the trust the bulk of his fortune, $60 million of stock in Hershey Chocolate Company (now the Hershey Company ...
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In 1905, Hershey created the Hershey Trust Company to provide banking to the town of Hershey. In 1909, Hershey and his wife Catherine, who were unable to have children, established the Hershey Industrial School for orphan boys (renamed the Milton Hershey School in 1951). Hershey created a deed of trust establishing a trust fund for the school.
It is the largest deal to date in the history of The Hershey Company. [10] Buck currently serves on the board of directors at New York Life, [11] and as a Benefit Co-Chair for the Children's Brain Tumor Foundation. [12] [13] In October 2019, Buck was elected chairman of the board of directors at The Hershey Company. [14] [15]
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