21 Oct 2012
According to the Nation, Hershey started a trust fund for a children's school in Hershey, Pennsylvania designed to nurture and educate the children in need and it has done so for 1,800 children. But there is another side to this story; they transfer some of the charity funds to the Pennsylvania Republicans, along with favors.
- They purchased a failing golf course: a $12 million investment. The investors turned their losses into a profit anywhere from $15,000 to $100,000 dollars by revamping the course, building a club house...from money donated by the Hershey charity fund.
- It is known that many prominent local Republicans sit on the board of the fund, one is Zimmerman, former state attorney general and later to become the boards chair. Briskly increased the salaries from from $35,000 to $100,000 and redesigned the charity to become a partisan fund.
- The republicans made millions from the Hershey Trust; and collected over $500,000 annually according to the non-profit (non profit??really?)
- James Neveles, a Bush a former feder chair of the Federal Pension Benefit Guaranty Corporation made over $580,000
- Tom Ridge, former Pennsylvania governor, pulled $200,000 annually
This is a non profit scandal if there ever was one. The republicans who sit on the board are all civil leaders. One can't ask for an investigation on how this non-profit is run. Who in the state can oversee and investigate the standards? The solution is if a Democrat wins at the polls this November. The trust's need to be upheld and be run by their standards.
If the Hershey Company can do this as a non-profit, then what other non-profits shovel their funds around?
An exerpt of a student from the school:
For more information please read: Hershey's Charity for Children: The Nation