Back/Toro Company Marks 50 Years of Partnership with Scholarship America to Promote Education Access
education·March 26, 2026·ttc

Toro Company Marks 50 Years of Partnership with Scholarship America to Promote Education Access

ED
Editorial
Cashu Markets·3 min read
TL;DR
  • The Toro Company and Scholarship America celebrate a 50-year partnership, awarding over $4.7 million in scholarships.
  • Toro emphasizes the importance of education, benefiting employees' families and uplifting communities through scholarship programs.
  • The company’s commitment to education helps address disparities and supports the development of future generations.

A Commitment to Education: The Toro Company and Scholarship America's Milestone Partnership

In 2026, The Toro Company and Scholarship America celebrate a remarkable 50-year partnership dedicated to improving access to higher education. This collaboration began in 1976, when The Toro Company became Scholarship America’s inaugural corporate client. Over the decades, the two organizations have united their efforts to award more than $4.7 million in scholarships to students, shaping brighter futures and reinforcing their shared commitment to education. Rick Olson, Chairman and CEO of The Toro Company, underscores the importance of this long-standing partnership, highlighting that investing in scholarship programs not only benefits employees’ children but also uplifts entire communities.

Both organizations adapt to the evolving educational landscape while maintaining a steadfast focus on supporting students. Mike Nylund, President and CEO of Scholarship America, reflects on the partnership's significance, pointing out that Toro’s ongoing dedication to bolstering educational opportunities is crucial in today’s dynamic environment. This commitment resonates with their mutual belief that every student deserves the chance to pursue their academic dreams. As challenges in higher education continue to arise, the unwavering support from The Toro Company serves as a beacon of hope for many aspiring students and their families.

This golden anniversary of collaboration not only celebrates a legacy of philanthropy but also emphasizes the profound impact that education can have on individual lives and communities. The Toro Company, with its extensive operations in over 125 countries and a reported net sales of $4.5 billion in fiscal 2025, remains a leader in outdoor solutions, including turf maintenance and irrigation systems. The alignment between The Toro Company and Scholarship America reveals a commitment to fostering future generations and empowering them through accessible educational opportunities, paving the way for positive societal change.

In addition to their educational initiatives, The Toro Company’s extensive portfolio of brands—such as Toro, Exmark, and Ditch Witch—enhances its influence in the outdoor solutions market. The company recognizes that a strong, educated workforce is vital to sustaining its competitive edge in a rapidly changing industry. With plans to further innovate and expand educational support, Toro reinforces its role as a pillar of corporate social responsibility.

As both organizations look toward the future, the enduring collaboration serves as a reminder of the powerful influence that strategic partnerships can have in addressing educational disparities. The shared vision between The Toro Company and Scholarship America on the importance of education continues to inspire a generation of students eager to make their mark in the world.

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