Tractor Supply Foundation Announces $5 Million Scholarship Program to Support Next Generation of Farm Leaders
The Foundation guarantees $1 million to the FFA Future Leaders Scholarship Fund by Tractor Supply each year for the next 5 years
The program will be the largest agricultural scholarship fund of its kind and will encompass all careers related to agriculture and the skilled trades
All scholarship recipients will be offered career opportunities with Tractor Supply during their studies
BRENTWOOD, TN / ACCESSWIRE / October 27, 2022 / Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retailer in the United States, today announced a new scholarship program through its Foundation to support the next generation of farmers and rural careers, including skilled trades. Each year for the next five years, the Tractor Supply Foundation will commit $1 million to the Tractor Supply FFA Future Leaders Scholarship Fund, making it the largest agricultural scholarship fund of its kind. The Tractor Supply Foundation partners with the National FFA Organization for the program.
“Tractor Supply takes great pride in being an integral part of every community that lives and loves the Out Here lifestyle, and we want to do our part to ensure that rural communities continue to grow and prosper for future generations,” said Kimberley Gardiner, Chief Marketing Officer. Tractor Supply Officer. “With this scholarship, we are able to help so many young people overcome financial barriers to pursue the educational opportunities and experiences that are essential for rural America. With the support of our amazing clients, team members, and FFA partner, we can generate the funds to ensure Life here is in safe hands.”
Highlights of the annual $1 million scholarship fund include the following:
$500,000 will be used for 100 scholarships at 2-year trade schools and colleges for students pursuing a skilled trade with $5,000 scholarships,
$500,000 will fund 50 scholarships for students pursuing four-year agriculture-related majors with $10,000 scholarships, and
Tractor Supply will also provide scholarship recipients with career opportunities in its stores or distribution centers while they continue their education and will book internships at the company’s Store Support Center each year.
“The strength of America and our food systems depends on vibrant and thriving rural communities,” said Erin Fitzgerald, executive director of US Farmers & Ranchers in Action. “This historic scholarship program reinforces Tractor Supply’s commitment to paving the way for the next generation of agricultural leaders across the country. As we look to this next decade of agriculture and beyond, Tractor Supply is seizing the moment and demonstrates true leadership in action.”
The scholarship comes at an important time for agriculture-related careers, as well as skilled trades. According to the U.S. Bureau of Labor Statistics, agriculture and food science jobs are expected to grow by 7% from 2018 to 2028. These jobs play a critical and important role in increasing food production. in order to increase yield so that there is enough food to feed the world’s population, which is expected to reach almost ten billion people by 2050. In addition, other research by the Bureau points to the growing demand of workers with expertise in industry-related skills, citing the total need for four million workers needed to replace the eight million who have left the labor force in the past three years. Tractor Supply hopes scholarships like these will help industries fill vacancies that require technical skills such as clinical veterinary specialties, carpentry, plumbing and electrical.
National FFA Foundation President Molly Ball said, “The Tractor Supply Foundation’s $5 million donation to the FFA Scholarship Program will help 150 additional FFA members fund their education each year. . At $5,000 and $10,000, these scholarships will have a big impact on students awarded the FFA Future Leaders Scholarship Fund by Tractor Supply.”
To support the Tractor Supply FFA Future Leaders Scholarship Fund, customers will have the option to donate at checkout, either at Tractor Supply stores or online at TractorSupply.com. The first fundraising campaign will take place from October 26 to November 6, 2022, with the goal of raising $1 million.
Tractor Supply is FFA’s largest funder and has supported the organization through various fundraising initiatives since 1985. FFA is a dynamic youth organization committed to preparing members for top leadership, personal growth and professional success through agricultural education with more than 850,000 members and nearly 9,000 local chapters across the country. In addition, the FFA Alumni network now has more than 704,000 members.
The Tractor Supply FFA Future Leaders Scholarship Fund will be open for applications from November 1, 2022 through January 12, 2023. Eligibility is limited to FFA members. For more information, visit TractorSupply.com/FFA. To apply for this scholarship, visit https://www.ffa.org/participate/grants-and-scholarships/scholarships/.
About Tractor Supply Company
Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retailer in the United States, is passionate about its unique niche, targeting the needs of recreational farmers, ranchers and anyone who loves living the lifestyle. rural, for more than 80 years. Tractor Supply offers a wide range of products needed to care for home, earth, pets and animals with an emphasis on product localization, exclusive brands and legendary customer service for the style of Life Out Here. With 50,000 team members, the company’s physical store assets, combined with its digital capabilities, provide customers with the convenience of buying the products they need anytime, anywhere, any way. they choose at the everyday low prices they deserve. As of September 24, 2022, the Company operated 2,027 Tractor Supply stores in 49 states, a consumer mobile app and an e-commerce website at TractorSupply.com. In October 2022, Tractor Supply acquired 81 stores from Orscheln Farm and Home which will be rebranded as Tractor Supply by the end of 2023.
Tractor Supply Company also owns and operates Petsense by Tractor Supply, a specialty small pet supply retailer focused on serving the needs of pet owners, primarily in small to medium sized communities, and offering a variety of pet products and services. As of September 24, 2022, the Company operated 180 Petsense by Tractor Supply stores in 23 states. For more information about Petsense by Tractor Supply, visit Petsense.com.
About the Tractor Supply Company Foundation
The Tractor Supply Company Foundation was established in 2020 and is committed to supporting vibrant rural communities for all by investing in the future of the Out Here way of life through today’s youth, helping to fill the rural digital divide and by being a good neighbor in the communities Tractor Supply calls home. The Foundation extends Tractor Supply Company’s charitable work, supporting causes that are important to customers and team members. In 2021, the company donated over $14 million to charitable causes through direct donations, sponsorships, fundraisers and more. To learn more about the Tractor Supply Company Foundation, visit Corporate.TractorSupply.com/Community.
About the FFA National Organization
The FFA National Organization is a national school-based youth leadership development organization with over 850,000 student members through 8,995 local FFA chapters in all 50 states, Puerto Rico and the Virgin Islands Americans. FFA’s mission is to make a positive difference in the lives of students by developing their potential for leadership, personal growth, and professional success through agricultural education. To learn more, visit the FFA National Organization online at FFA.org and on Facebook and Twitter.
About the FFA National Foundation
The National FFA Foundation partners with industry, education, government, other foundations and individuals to secure financial resources that recognize the achievements of FFA members, develop student leaders and support the future agricultural education. A separately registered non-profit organization, the foundation is governed by a board of directors that includes the national president of the FFA, educators, business leaders and individual donors. To learn more, visit FFA.org/Give.
Tractor Supply Company
Mary Winn Pilkington (615) 440-4212
Rachel Layton Smith (765) 524-9465
National organization of the FFA
Kristy Meyer (317) 802-4205
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Spokesperson: Tractor Supply
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