08/01/2026
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November 13, 1918. Hershey, Pennsylvania. Milton Hershey was 61 years old, sitting in the town that carried his name, surrounded by the factory, the bank, the park, the streetlights he had built. He signed a stack of transfer papers. Then he went back to work and said nothing.
The road there had been brutal. He failed in business four times before caramel, then chocolate, finally worked. He married Catherine "Kitty" Sweeney, and they could not have children. Then Kitty fell ill with a wasting disease, and on March 25, 1915, she died. He carried her photograph with him for the rest of his life.
But before she died, the two of them had already decided what the fortune was for. In 1909 they signed a Deed of Trust creating a school for orphan boys, promising each child would be fed, clothed, and "fitly lodged." Asked why, Hershey answered flatly: "It was Kitty's idea." After she was gone, there was nothing left to hold back.
So in 1918 he placed the bulk of his fortune, his Hershey Chocolate Company stock, into a perpetual trust for the school. Then he kept it secret for five years. When the Depression struck, he refused to let his town starve. "We have about 600 construction workers in this town," he reportedly said. "If I don't provide work for them, I'll have to feed them." His Great Building Campaign raised the Hotel Hershey, the Hershey Theatre, the arena, and the stadium. Payroll disguised as architecture.
In 1923 a New York Times reporter exposed the gift, valuing it at $60 million. Charity experts called the fortune wasted on orphans. Hershey ignored them. He kept working for the school and its students until his death on October 13, 1945, having explained himself only once: "I have no heirs. That is, no children. So I decided to make the orphan boys of the United States my heirs."
The heirs multiplied. The school expanded in the 1960s and 70s to admit girls, racial minorities, and children of impoverished families, and has now produced more than 12,000 graduates. Its trust, funded largely by its controlling interest in The Hershey Company, is worth roughly $16 billion. It is the wealthiest private school in America.
Today, more than a century after that quiet November signature, Milton Hershey School houses and educates over 2,000 children from low-income families, completely free. Housing, meals, medical care, clothing, everything. And this Thanksgiving the story finally reaches theaters: "Hershey," starring Finn Wittrock and Alexandra Daddario, opens in November 2026, telling how Milton and Kitty decided their fortune belonged to other people's children.
Every chocolate bar still pays for a child's bed. He kept the secret. The secret kept them.