High Quality Content by WIKIPEDIA articles! The Milton Hershey School is a private philanthropic (pre-K through 12) boarding school in Hershey, Pennsylvania. Originally named the Hershey Industrial School, the institution was founded and funded by chocolate industrialist Milton Snavely Hershey and his wife, Catherine Sweeney Hershey. The school was originally established for impoverished, healthy, Caucasian, male orphans, while today it serves students of various backgrounds. The Milton Hershey School Trust, which funds the school, owns controlling interest in The Hershey Company and owns the Hershey Entertainment and Resorts Company (HERCO) which oversees many of the area hotels along with a theme park called Hersheypark. With over six billion dollars in assets, the Milton Hershey School is one of the wealthiest schools in the world. The school is overseen by a Board of Managers.