Domino's Enhances Agricultural Education with $100k Scholarships

Domino's Commitment to Education in Agriculture

Domino's Pizza Inc. (NYSE: DPZ) proudly announces an exciting update in its long-standing commitment to support education in agriculture. As part of this effort, the company is expanding its scholarship program, aimed specifically at students interested in agricultural education. This initiative is not just a financial boost for the students but a strategic investment in the future of the agricultural sector.

New Scholarship Opportunities for Future Farmers

Domino's scholarship program will provide ten scholarships, each valued at $10,000, to Future Farmers of America (FFA) members. These funds are designated for those pursuing a college degree to become agricultural educators. The program has identified a crucial need for passionate teachers in agriculture, which is vital for nurturing the next generation of farmers and leaders in this field.

A Significant Contribution to FFA

Since Domino's joined FFA as a national sponsor in 2017, the company has donated an impressive $2 million. Their ongoing commitment demonstrates a genuine interest in serving the agricultural community and investing in the vitality of American agriculture. The scholarships for the upcoming 2024-25 cycle mark a significant enhancement in their philanthropic efforts.

Support from FFA Leadership

Molly Ball, President of the National FFA Foundation, expressed appreciation for Domino's support. "National FFA values Domino's support through their sponsorship and partnership. These scholarships help cultivate the talent pipeline for agricultural education and continue to develop future teachers and advisors that positively impact the industry and the world," said Ball.

Applying for the Scholarships

High school seniors who are members of FFA, as well as FFA alumni enrolled in college, can apply for the newly offered scholarships by submitting a single application through FFA's official platform. The application window will remain open until January 9, 2025, allowing students ample time to gather their materials. This one-time application grants access to various scholarships, totaling nearly $2.5 million for eligible students.

Investment in Agricultural Education and Workforce Development

In a further commitment to the development of future agricultural educators, Domino's will be providing $500,000 in 2025 towards this scholarship program. In addition, these funds will support work-based learning grants, sustainability curriculum initiatives, and various workforce development initiatives aligned with the FFA's focus on food processing and products careers.

"When Domino's first committed to support FFA, we acknowledged that without farmers, there would be no pizza," remarked Carrie Ballew, Domino's Chief Procurement Officer and member of the FFA sponsors' board. "To adequately support future farmers, we need to empower future and current agriculture science teachers. They are critical to the FFA and the agricultural sector as a whole."

About Domino's Pizza and FFA

Founded in 1960, Domino's Pizza has grown to become the largest pizza company globally, with more than 21,000 locations around the world. In 2023, Domino's achieved over $18.9 billion in retail sales. Their innovative digital ordering platforms have made them a leading player in the competitive restaurant industry.

The National FFA Organization serves as a significant pillar in agricultural education, inspiring more than one million student members across the United States, Puerto Rico, and the U.S. Virgin Islands. The FFA Program focuses on developing leadership skills, promoting personal growth, and paving the way for career success in agriculture.

Frequently Asked Questions

What is the purpose of Domino's scholarship program?

The scholarship program aims to support FFA members pursuing college degrees in agricultural education to become future agriculture science teachers.

How much scholarship money is available?

Domino's will provide ten scholarships worth $10,000 each, contributing a total of $100,000 to eligible students.

Who can apply for the scholarships?

High school seniors in FFA and FFA alumni currently enrolled in college may apply for the scholarships.

What is the application deadline?

The application deadline is January 9, 2025.

How long has Domino's been involved with FFA?

Domino's has been a national sponsor of FFA since 2017 and has donated over $2 million to the organization during that time.

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