The Hershey Company Donates Hershey Theatre to The M.S. Hershey Foundation
The Hershey Company (NYSE: HSY) has donated the historic Hershey Theatre to The M.S. Hershey Foundation. Located in Hershey, Pennsylvania, the theatre has been a cultural landmark since its opening in 1933. Michele Buck, CEO of Hershey, emphasized the donation as a continuation of Milton Hershey's legacy. The M.S. Hershey Foundation, which has operated the theatre since 1970, aims to enhance educational and cultural opportunities in the community. Hershey is renowned for its iconic snack brands and has reported over $8.9 billion in annual revenues.
- Donation of Hershey Theatre reinforces Hershey's commitment to community involvement.
- The M.S. Hershey Foundation will enhance the cultural value of the theatre.
- None.
HERSHEY, Pa., June 21, 2022 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that it has donated the historic Hershey Theatre to The M.S. Hershey Foundation. Hershey Theatre is located in the 14 East Chocolate Avenue building in Hershey. It was built as part of Milton S. Hershey's Great Building Campaign, opening its doors in 1933. Today it is a prominent stop for touring Broadway shows and renowned musicians and comedians.
"The Hershey Theatre is an integral part of the Hershey community and brings world-class performances to all in Central Pennsylvania," said Michele Buck, The Hershey Company President and Chief Executive Officer. "We are continuing Milton Hershey's legacy with this donation to The M.S. Hershey Foundation, who will be an outstanding steward of this iconic and beloved venue."
"We're thrilled to receive this important historic masterpiece, which has remained one of Central Pennsylvania's finest performing arts venues for nearly 90 years," said Don Papson, President and Executive Director of The M.S. Hershey Foundation. "When Mr. Hershey built the Theatre, the town of Hershey only had 3,140 residents. Yet, his theater boasted 1,904 seats. Mr. Hershey had big plans – not only for his theater, but for his town."
The M.S. Hershey Foundation, a 501(c)(3) non-profit organization, was established in 1935 by Milton Hershey to provide educational and cultural opportunities for the citizens of Derry Township. The M.S. Hershey Foundation has been operating Hershey Theatre since 1970.
The M.S. Hershey Foundation also operates Hershey Gardens, The Hershey Story Museum and Hershey Community Archives. Learn more at MSHersheyFoundation.org or HersheyTheatre.com.
About The Hershey Company
The Hershey Company is headquartered in Hershey, Pa., and is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 19,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 100 brand names in approximately 80 countries around the world that drive more than
For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.
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SOURCE The Hershey Company
