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E-book
Author Pendergraft, Garrett, author

Title Assessing the perpetual charitable trust : are the wishes of the dead more important than the needs of the living? / Garrett Pendergraft
Published London : SAGE Publications: SAGE Business Cases Originals, 2021

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Description 1 online resource
Series SAGE Business Cases
SAGE Business Cases
Summary Are the wishes of the dead more important than the needs of the living? This question is prompted by consideration of the Hershey Trust Company, a perpetual charitable trust that not only owns and operates the Milton Hershey School in Pennsylvania but also owns a controlling interest in various Hershey-related for-profit entities. This unusual arrangement, and the conditions under which it was formed, have produced a situation in which a small, private boarding school for low-income students has an endowment of USD 12 billion (in addition to its other corporate and real estate interests). The trust has been operating according to its founder's wishes for decades, but some have wondered whether its resources could be put to better use for more urgent needs. This case will invite students to consider the question of how we should weigh the needs of the living against the wishes of the dead
Bibliography Includes bibliographical references and index
Notes Description based on XML content
Subject Hershey Trust Company -- Case studies
Charitable uses, trusts, and foundations -- Case studies
Charitable uses, trusts, and foundations.
Genre/Form Case studies.
Form Electronic book
ISBN 9781529742985
1529742986