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Photo illustration by ProPublica; source image: Milton Hershey School, MHS 2018 IRS Form 990 Long ago, and to great fanfare, business tycoon Milton Hershey revealed that he had given away his world-famous chocolate company, a gift to the school for poor orphans that he had founded with his wife. “Well, I have no children — that is, no heirs,” he said in 1923. “So I decided to make the orphan boys of the United States my heirs.” Hershey died in 1945, leaving a huge estate and a company that would grow to sell more than 250 million candy bars a year. His generosity, however, has crea...

Milton Hershey School often has "too much" money.

Email address: Thanks for signing up. If you like our stories, mind sharing this with a friend? https://www.propublica.org/newsletters/the-big-story?source=www.propublica.org&placement=share®ion=local-reporting-networkCopy link For more ways to keep up, be sure to check out the rest of our newsletters.See All Fact-based, independent journalism is needed now more than ever.Donate Hershey died in 1945, leaving a huge estate and a company that would grow to sell more than 250 million candy bars a year. His generosity, however, has created a dilemma for the Milton Hershey School that many char...