TRACTOR SUPPLY CUSTOMERS DONATE $362,324 FOR YOUTH SCHOLARSHIPS, FFA FUNDING
BRENTWOOD, Tenn. (June 3, 2013) - Tractor Supply Company and the National FFA Foundation recently announced the results of their new Growing Scholars program. Tractor Supply customers across the country donated $362,324, resulting in 284 scholarships awarded to FFA members in their pursuit of a college degree.
The Growing Scholars program was supported nationally by each of the more than 1,175 Tractor Supply stores Feb. 15-24 as part of National FFA Week. Tractor Supply customers supported local FFA chapters and their members by purchasing an FFA emblem for $1 at store registers during the checkout process. Ninety percent of funds raised are being utilized to fund scholarships for FFA members, with the remaining 10 percent benefitting state FFA organizations.
"The amount of support we received from our customers in such a short amount of time was outstanding," said Tractor Supply President and CEO Greg Sandfort. "Having the ability to provide scholarships to FFA members and funding for state FFA organizations is tremendous because they are a part of Tractor Supply, both as customers and as potential team members. We share the same values and lifestyle that Tractor Supply supports."
The National FFA Foundation selected FFA members across the United States to receive the scholarships. Two $1,000 grants were also awarded to select FFA Chapters. To be eligible for a scholarship, students must have been current FFA members and either a high school senior or a freshman, sophomore or junior college student seeking a two- or four-year degree or other specialized training program. Major areas of study were also considered when determining scholarship recipients. For the final report of funds raised and a list of the scholarship recipients, visit www.TractorSupply.com/FFA<http://www.TractorSupply.com/FFA>.
"We are thrilled with the results of the first Growing Scholars program," said National FFA Foundation Executive Director Robert K. Cooper. "We are very thankful for Tractor Supply's continued support of FFA and the efforts of its customers to give our youth a chance to grow."
In addition to the Growing Scholars program, Tractor Supply and the National FFA Foundation have many other joint initiatives, including the FFA horse evaluation career development event, National FFA Week and the annual National Association of Agricultural Educators Conference. At an individual store level, Tractor Supply continually hosts fundraising events and works closely with local FFA chapters and high school agriculture advisors to provide resources and leverage synergies.
"Local high school agricultural advisors and FFA chapters feel at home in their local Tractor Supply stores," said John Wendler, senior vice president of marketing at Tractor Supply. "These groups often host fundraising events at our stores to raise money for community projects, like building a school greenhouse, a new bridge in a public park or an animal care lab. Our stores also work with local FFA members to support specific programs and proficiencies by providing demonstrations from knowledgeable Tractor Supply employees and our vendor partners, which brings significant value to both organizations."
Tractor Supply has been a sponsor of the National FFA Foundation for 27 years. The National FFA Foundation is the fundraising arm of the National FFA Organization, which provides leadership, personal growth and career success training through agricultural education to 557,318 student members in grades seven through 12 who belong to one of 7,498 local FFA chapters throughout the U.S., Puerto Rico and the Virgin Islands.
Tractor Supply Company
Tractor Supply Company, listed on the NASDAQ Stock Exchange as TSCO, operates more than 1,175 stores in 45 states. Tractor Supply Company stores are focused on supplying the lifestyle needs of recreational farmers and ranchers. The company also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Tractor Supply Company stores are located in the outlying towns in major metropolitan markets and in rural communities. The company offers a comprehensive selection of merchandise for the health, care, growth and containment of horses, livestock and pets including select Purina and Nutrena brand feeds; a broad selection of agricultural products; and tools and hardware selected for our customers' needs. In addition, the company sells light truck equipment, work clothing for the entire family, and an extensive line of seasonal products including lawn and garden power equipment products. For more information on Tractor Supply, access the website at www.TractorSupply.com<http://www.TractorSupply.com>.
National FFA Foundation
The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that recognize FFA member achievements, develop student leaders and support the future of agriculture education. Governed by a 19-member board of trustees comprised of educators, business leaders, individual donors and FFA alumni, the foundation is a separately-registered nonprofit organization. About 82 percent of all sponsorship dollars received by the foundation support FFA members and agricultural education opportunities. For more, visit the National FFA Foundation at http://www.FFA.org/Give.
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