Hershey Trust Company is a private trust company founded by Milton S. Hershey in 1905. Hershey Trust Company is wholly owned by the Milton Hershey School Trust, for which Hershey Trust Company is Trustee. In 1909, Milton Hershey created the Milton Hershey School and School Trust and appointed Hershey Trust Company as Trustee of the School Trust. Mr. Hershey established the Milton Hershey School and School Trust to provide full-time education and care for disadvantaged children in perpetuity. The School's original enrollment was 10 students. Today, over 100 years later, Mr. Hershey's legacy continues. The School currently has an enrollment of more than 1,800 students, with an equal mix of boys and girls. Enrollment is expected to grow to 2,000 students in coming years.
Because of Hershey Trust Company's consistent, superior investment management of Milton Hershey's original funding of 486 acres of land and $60 million in Hershey Chocolate Company stock, the assets of the School have grown to a value exceeding $8 billion today.
Today, Hershey Trust Company administers, manages, and sustains the Milton Hershey School Trust, the M.S. Hershey Foundation Trust and other philanthropies of Milton Hershey. Hershey Trust Company is located in Milton and Catherine Hershey's home, High Point Mansion.