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Hershey Trust Company is an independent
trust company founded by Milton S. Hershey in 1905. The stock of Hershey Trust Company
is wholly owned by the Milton Hershey School Trust. In 1909, Milton Hershey created the
Milton Hershey School Trust and appointed Hershey Trust Company as its trustee to provide
investment management and administration for the School Trust. Mr. Hershey established
the School Trust to provide for the health, education and welfare of orphaned boys. The
Schools original enrollment
was ten students. Today, 100 years later, Mr. Hersheys legacy continues. The School
currently has an enrollment of more than 1,300 students, with an equal mix of boys and
girls. Enrollment is expected to grow to 1,800 students in the next couple of years.
Because of Hershey Trust Companys consistent, superior investment management of
Milton Hersheys original funding of 486 acres of land and $60 million in Hershey
Chocolate Company stock, the School Trusts assets have grown to a value exceeding
$7 billion today.
©2009 Hershey Trust Company
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