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Reply to "I am intrigued by the Milton Hershey School."
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[quote=Anonymous]For those who don’t know, Milton Hershey school was set up by the original Hershey trust as a boarding school for high-performing, very low-income kids. Family income must be no more than 2X the federal poverty level (and the school is free) The school , managed through the Hershey Trust, is actually a primary shareholder and Director of the Hershey Chocolate Company. There have been recent rumors of Hershey being “in play” as a potential acquisition candidate from other food companies and private equity, but the deal has never materialized specifically because of the obligations to the Hershey School and Trust and the role of the Trust in the governance of the chocolate company. This is a great school set up in a long-term and philanthropically pure way. Its structure has done what its founder presumably wanted despite the best efforts of many to circumvent it. If you are a candidate and choose to send your kid there, go get ‘em. [/quote]
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