Tractor Supply Raises Over $1 Million to Fund FFA Future Leaders Scholarships

Rhea-AI Summary

Tractor Supply Company (NASDAQ: TSCO) has raised over $1 million to support the Tractor Supply FFA Future Leaders Scholarship, benefiting 146 students across the US. This marks the second year the company has raised more than $1 million for the scholarship, funded by a five-year, $5 million commitment from the Tractor Supply Foundation.

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• Tractor Supply Company's commitment to supporting FFA students and skilled trades is commendable, showcasing their dedication to the community and agriculture industry.

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• None.

Scholarships awarded to FFA students pursuing skilled trades and agriculture-related majors; this year’s scholarships supported 146 students across the country

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that it has raised more than $1 million in support of the Tractor Supply FFA Future Leaders Scholarship. Scholarships are awarded to FFA students pursuing studies in the skilled trades and agriculture-related majors. The scholarship, the largest of its kind, is funded by a five-year, $5 million commitment from the Tractor Supply Foundation.

Tractor Supply CEO Hal Lawton, center, welcomes students attending the National FFA Convention at the Indiana Convention Center in Indianapolis, Indiana, in November. This is the second year the company raised more than $1 million to support the Tractor Supply FFA Future Leaders Scholarship, which awards grants to FFA students pursuing studies in the skilled trades and agriculture-related majors. (Photo: Business Wire)

“We are so proud to support young men and women who are passionate about Life Out Here through our FFA Future Leaders Scholarship,” said Marti Skold-Jordan, manager of the Tractor Supply Foundation and National FFA Foundation Sponsors’ Board member. “Our inaugural class of scholars is an exceptional group of students and it has been an honor to get to know them. Through the generosity of our customers, we will support even more students in our second year, and we can’t wait to see what they accomplish.”

The inaugural FFA Future Leaders Scholarship fundraising drive, held in 2022, raised more than $1 million and generated scholarships for 146 FFA students whose studies range from welding and electrical engineering to agricultural business, animal science and beyond. Students attending trade schools and two-year colleges to pursue a skilled trade or agriculture-related field are eligible to receive a $5,000 scholarship. Students pursuing agriculture-related four-year majors are eligible to receive a $10,000 scholarship. Past recipients include:

• Isabella Arias, who attends Northwest Missouri State University and is studying agricultural education.
• Avery Graham, who received a Technician in Construction Certificate and, thanks to his $5,000 scholarship, can continue in that field by pursuing a degree in electrical construction at Oklahoma State University Institute of Technology. After graduation, he plans to work toward earning his Journeyman’s License.
• Amiyah Labady, who is attending Valencia College in Orlando and studying to be a wildlife veterinarian.
• Carlos Nunez Jacuinde, who is using his $10,000 scholarship to attend California State University – Chico to study agricultural engineering.

Tractor Supply is the largest funder of FFA and has supported the organization through various fundraising initiatives since 1985. FFA is a dynamic youth organization committed to preparing members for premier leadership, personal growth and career success through agricultural education. With more than 945,988 FFA members in 9,163 chapters in all 50 states, Puerto Rico and the U.S. Virgin Islands, the National FFA Organization is the largest student-led organization in the nation.

FFA members may apply for the FFA Future Leaders Scholarship until January 11, 2024 at https://www.ffa.org/participate/grants-and-scholarships/scholarships/.

About The Tractor Supply Company Foundation

The Tractor Supply Company Foundation is committed to supporting vibrant rural communities for all by investing in the future of Life Out Here through today’s youth and being a good neighbor in the communities Tractor Supply calls home. Founded in 2020, the Foundation’s priority areas include supporting agriculture education initiatives through longstanding partnerships with FFA and 4-H, caring for pets and animals and preserving land for future generations. The Foundation expands upon the charitable work of Tractor Supply Company, supporting causes that are important to customers and Team Members. In 2022, the Company donated over $15 million through direct giving, sponsorships, fundraisers and more. To learn more about The Tractor Supply Company Foundation, visit Corporate.TractorSupply.com/Community.

About Tractor Supply Company

For 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 291 on the Fortune 500. The Company’s more than 50,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As of September 30, 2023, the Company operated 2,198 Tractor Supply stores in 49 states, including 81 stores acquired from Orscheln Farm and Home in 2022 that will be rebranded to Tractor Supply by the end of 2023. For more information on Tractor Supply, visit www.tractorsupply.com.

Tractor Supply Company also owns and operates Petsense by Tractor Supply, a small-box pet specialty supply retailer providing products and services for pet owners. As of September 30, 2023, the Company operated 195 Petsense by Tractor Supply stores in 23 states. For more information on Petsense by Tractor Supply, visit www.Petsense.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231130787366/en/

Mary Winn Pilkington (615) 440-4212

Tricia Whittemore (615) 440-4410

corporatecommunications@tractorsupply.com

Source: Tractor Supply Company

FAQ

How much money did Tractor Supply Company raise to support the Tractor Supply FFA Future Leaders Scholarship?

Tractor Supply Company raised over $1 million to support the Tractor Supply FFA Future Leaders Scholarship.

How many students were supported by the scholarships?

146 students across the US benefited from the Tractor Supply FFA Future Leaders Scholarship.

What is the funding commitment for the scholarship?

The scholarship is funded by a five-year, $5 million commitment from the Tractor Supply Foundation.

How many years has Tractor Supply Company raised over $1 million for the scholarship?

This marks the second year the company has raised more than $1 million for the Tractor Supply FFA Future Leaders Scholarship.

What type of students are awarded the scholarships?

The scholarships are awarded to FFA students pursuing studies in the skilled trades and agriculture-related majors.