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Book Cover
Author Worth, Michael J., author

Title The Hershey Trust / Michael J. Worth
Published [London] : SAGE, 2016
Online access available from:
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Description 1 online resource : illustrations (black and white, and colour)
Series SAGE knowledge. Cases
SAGE knowledge. Cases
Summary Milton Hershey was the founder of the Hershey Chocolate Company. In 1909 Hershey and his wife, Catherine, founded a school to educate poor male orphans, created a charitable trust to support the school, and appointed nine trustees to manage the trust for the school's benefit. In 1918, after his wife's death, Hershey gave his entire personal fortune, consisting mostly of stock in the company, to the Hershey Trust to support the Milton S. Hershey School. The school today enrolls a diverse student body of about 1,200 low-income young men and women on a residential campus in central Pennsylvania. The students do not pay tuition or other fees, since the trust receives $80 million from its interest in the chocolate company each year
Notes Originally Published in: Worth, M. J. (2013). Case 4.3: The Hershey Trust. In Nonprofit management: Principles and practice (3rd ed., pp. 97-98). Los Angeles: SAGE Publications, Inc. Print. ISBN: 9781452243092
Description based on online resource; title from home page (viewed on April 20, 2016)
Subject Hershey Trust
Nonprofit organizations -- Finance -- Case studies.
Corporate governance -- Case studies.
Genre/Form Case studies.
Form Electronic book
ISBN 9781506309620 (ebook)