BLOOMINGTON, Minn. (September 3, 2024) – Supporting the educational goals of employees and their families is a core component of The Toro Company's philanthropic support. As part of this effort, two annual scholarship programs are available to employees and their dependents through both The Toro Company Scholarship Program and the Mike and Tami Hoffman Scholarship Program. In 2024, more than $400,000 in financial grants were awarded to 182 students representing 17 TTC communities.
Since 1976, The Toro Company Scholarship Program has awarded students based on academic record, leadership and participation in school and community activities, honors and work experience, along with educational and career goals. Additionally, the Mike and Tami Hoffman Scholarship Program, founded by former CEO Mike Hoffman and his wife Tami in 2017, awards scholarships to students based primarily on financial need, while also considering academic and personal achievement. Scholarship awards for both programs range from $1,000 to $4,000.
"At The Toro Company, we believe in fostering the growth and success of our employees," said Marnie Wells, president of The Toro Company Foundation. "Our commitment to educational advancement has long been a cornerstone of our philanthropic efforts, and we're excited to continue supporting our employees and their families in reaching their academic goals."
About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With sales of $4.55 billion in fiscal 2023, The Toro Company's global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American Augers, Trencor, Subsite Electronics, HammerHead, Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit .