Hershey Trust Company
The Hershey Trust Company is an American corporation incorporated on April 28, 1905, by Milton S. Hershey, Harry Lebkicher and John E. Snyder. The company is a minority owner of The Hershey Company and sole private owner of Hershey Entertainment and Resorts Company and administrator of the 2,000 student Milton Hershey School.
| Company type | Private |
|---|---|
| Industry | Confectionery, entertainment, education, real estate |
| Founded | April 28, 1905 in Hershey, Pennsylvania, U.S. |
| Founders | Milton S. Hershey Harry Lebkicher John E. Snyder |
| Headquarters | , U.S. |
Key people | Robert C. Heist Chairman |
| Subsidiaries |
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| Website | hersheytrust.com |
The trust company manages the $21.0 billion USD (2021) endowment of the Milton Hershey School and School Trust. The majority of the assets, over $16 billion, is confined to an investment-based accrual system, with a portion of the profit from the assets used to fund the Milton Hershey School and its subsidiaries. The school provides education for lower-income children.
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