His will established two charitable trusts, the Hearst Foundation and the William Randolph Hearst Foundation. By his amended will, Marion Davies inherited 170,000 shares in the Hearst Corporation, which, combined with a trust fund of 30,000 shares that Hearst had established for her in 1950, gave her a controlling interest in the Corporation. This was short-lived, as she relinquished the 170,000 shares to the Corporation on October 30, 1951, retaining her original 30,000 shares and a role as an advisor. Like their father, none of Hearst's five sons graduated from college. They all followed their father into the media business, and Hearst's namesake, William Randolph, Jr., became a Pulitzer Prize–winning newspaper reporter.