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Case file s175 · Foundations · 1945
1945
The Hershey Company: Hershey Factory
The Hershey Company. Antarctic96. CC BY-SA 3.0, Wikimedia Commons.
Died
13 October 1945 (Milton S. Hershey)
Place
Hershey, Pennsylvania · United States
Field
chocolate · Business and finance on the timeline
Legal tradition
Pennsylvania charitable trust law (attorney general oversight)
Historical event
FBI corruption inquiries in Pennsylvania politics, 2010s

The Hershey school paid $12 million for a failing golf course, and the attorney general twice demanded reforms of its board

In 2006 the Milton Hershey School, funded by the trust that controls The Hershey Company, bought the money-losing Wren Dale Golf Club for $12 million, calling it "buffer land" for student safety, and added a $5 million clubhouse. In October 2010 the Philadelphia Inquirer reported the price was inflated and the purchase helped the course's investors. In February 2011 Robert Reese, grandson of the inventor of Reese's Peanut Butter Cups and a former trust president, sued, alleging trust money was misused and that board members were among the course's owners†. He withdrew the suit in April 2011, citing his health. In 2013 Attorney General Kathleen Kane closed a two-year investigation with an agreement that found no wrongdoing but required reforms. In May 2016 the attorney general's office wrote to the trust seeking the resignation of three long-standing board members. The letter said board pay exceeded the trust's own rules, asked members to pay personally for an internal conflict-of-interest inquiry, and cited "apparent violations" of the 2013 agreement. Board member John Estey, a former aide to Governor Ed Rendell, had been cooperating with the FBI. The charity was valued at $12 billion in 2016.

What the law took from it

Trustees drawn from the same local circle as the charity's vendors face conflict-of-interest charges, and reform agreements with the attorney general are the usual outcome.

Cite as: celebrity.estate, “The Hershey school paid $12 million for a failing golf course, and the attorney general twice demanded reforms of its board,” story s175, https://www.celebrity.estate/hershey-1945-2, updated 30 October 2026.

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