The Toro CompanyThe Toro Company
HomeCompany InformationInvestor InformationCareersCommunitystudent centerContact Us
Press Releases
Company History
Our Brands
 
The Toro Company Awards Over $300,000 in Cash and Product Donations to Local and National Organizations
Toro Furthers Commitment to Education with Recent Gifts


Download PDF Format

BLOOMINGTON, Minn. – June 24, 2005 – The Toro Company (NYSE:TTC) today announced the results of its second-quarter grant awards by the Toro Giving Program. Grants of cash and product were awarded to 38 organizations that provide programs designed to enrich the environment, enhance education, provide access to the arts and develop baseball and softball fields for youth. The Toro Company contributes a minimum of two percent of its gross domestic pre-tax profits every year to organizations that preserve the outdoor environment, enhance education and support the community.

"The Giving Program is proud to support educational programming and broaden youth access to baseball, softball and soccer with financial and product donations,” said Stacy Bogart , director of the Toro Giving Program.

This quarter, Toro gave to several organizations to provide playing fields in local communities. Toro awarded the Instituto Tecnologico de Ciudad Juarez, Mexico with over $50,000 in irrigation and outdoor lawn-maintenance equipment for baseball and soccer fields. The Minnesota Twins Community Fund and Windom Area Middle School also received grants to create new and maintain existing sports fields.

Developing education in the turf industry was another priority to Toro's Giving Program this quarter. Iowa State University received over $90,000 in irrigation equipment and monetary support for the school's turf grass program. Toro also provided a second year of support to the Irrigation Association Education Foundation with a $50,000 gift. This organization focuses on better university training in order to increase the amount of qualified professionals entering the irrigation industry.

Nonprofit organizations awarded grants include: Youth Farm and Market, Minneapolis Park and Recreation Board, Minnesota Zoo, Minnesota State Historical Society, Trust for Public Land , Fairway Foundation, The Audubon Center of the North Woods, and Tiger Woods Learning Center .

About The Toro Giving Program:
The Toro Giving Program enhances the health and well-being of all Toro communities through active outreach and involvement. The primary giving focus is to support organizations that preserve the outdoor environment. Contributions are also focused on programs that enhance education, health and welfare, culture, the arts, and civic projects. The Toro Foundation, an independent, nonprofit 501(c)3 organization, facilitates much of Toro's giving through matching gifts, volunteer grants and elective grants. Toro also provides scholarships, employee volunteer opportunities, and product and in-kind donations.

About The Toro Company:
The Toro Company (NYSE: TTC), with $1.6 billion in sales annually, is a leading provider of outdoor maintenance and beautification products for home, recreation, and commercial landscapes around the world. Together with its distributors, Toro provides innovative products, agronomic expertise and exemplary service that helps consumers and professionals maintain their landscapes. Visit the company website at www.thetorocompany.com . Distributor information is available at 1-800-803-8676.

###

 






Worldwide Headquarters The Toro Company
The Toro Company
The Toro Company 8111 Lyndale Avenue South
Bloomington, MN 55420-1196
952-888-8801
US 1-800-348-2424
Canada 1-800-544-5364
The Toro Company
Copyright © 2008 The Toro Company   Terms of Use | Privacy Notice  The Toro Company