In 1918, Milton Hershey placed about $60 million of Hershey stock into a trust for orphans, a move that has grown to control nearly 80% of Hershey's voting power and holds $23.6 billion in assets today. The trust supports the Milton Hershey School for low-income students and continues to oversee the company, blocking takeover attempts. This century-old trust model separates assets from the donor, ensuring long-term charitable impact. Modern donors use similar but distinct legal structures like private foundations or donor-advised funds, which come with different costs and regulations.
Hershey Co (HSY) shares are trading at USD 170.83 with a 1.27% gain as of Oct 17, 2026 19:41 WIB on Pluang. The stock's market cap stands at $34.32 billion, reflecting significant investor interest despite a full sell order activity on the platform at that time.
