News

Philanthropist Falls Behind in Payments to Arts Groups

Philanthropist Falls Behind in Payments to Arts Groups

Posted September 21, 2002

Arts philanthropist Alberto W. Vilar has failed to make grant payments to at least two arts groups recently, and some in the arts community are worried that he may not be able to fulfill other commitments....

Hershey Trust Halts Efforts to Sell Company

Posted September 19, 2002

The Trust had announced in July that it was exploring a sale as a way to diversify its $5.9 billion portfolio in order to protect financing for its main beneficiary, the Milton Hershey School....