Nearly half of the trust's money comes from its controlling interest in Hershey's eponymous chocolate company. The school is free for students and is funded by a trust containing most of Hershey's fortune, valued at about US$15 billion, making it the wealthiest U.S. The school has Christian elements but is officially non-sectarian. Students live in group homes of uniform sex and similar age, with set schedules for elementary, middle, and high school students. Admission is restricted to low-income individuals aged 4â15 without intellectual or behavioral problems. About 2,000 students attended the school in 2020. Initially for only white male orphans, the school expanded in the 1960s and 70s to include girls, racial minorities, and "social orphans"-those with impoverished parents. The school began with four students in 1910. The institution was founded in 1909 by chocolate industrialist Milton Hershey and his wife, Catherine Hershey. The Milton Hershey School, formerly the Hershey Industrial School, is a private boarding school in Hershey, Pennsylvania for Kâ12 students.
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