INDIANAPOLIS (Wednesday, June 22, 2011/National FFA Foundation) – TransCanada Corp. (TSX, NYSE: TRP) (TransCanada) has signed a five-year agreement to financially support the National FFA Organization with a total investment of more than $1.1 million to help fund FFA initiatives to educate, train and develop students pursuing agriculture-based careers.
Annually, TransCanada will provide $223,000 through the National FFA Foundation to help FFA provide leadership development programming, award competitions, classroom-based curriculum and the planned Agriculture Career Network, a system that will launch this fall that will be a comprehensive, online tool that students can use to record and plot their education careers, apply for awards and scholarships and search for employment.
“TransCanada’s sponsorship will help ensure FFA members receive the educational training and leadership development experiences they need to become highly-skilled, highly-trained contributors in the agriculture industry,” said Rob Cooper, executive director of the National FFA Foundation. “The National FFA Organization and National FFA Foundation ensure great stewardship of TransCanada’s sponsorship through our continued, unmatched commitment to our membership and agricultural education in general.”
TransCanada has developed and operated North American energy infrastructure, including natural gas and oil pipelines, power generation and gas storage facilities, for more than 60 years. Through its expansive system, the company delivers 20 percent of the natural gas North America uses every day.
“We wholeheartedly believe in the sustainability vision of FFA and awakening a sense of purpose in the next generation of leaders,” said Lee Hobbs, senior vice president and general manager of U.S. pipelines at TransCanada. “Our company has experienced the success of FFA first-hand, as a number of our high-achieving employees attribute their success to lessons learned through the organization. TransCanada’s sponsorship will contribute to building long-term community capacity both nationally and at the grassroots level in rural America.”
The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that fund FFA activities, recognize member achievements, develop student leaders and support the future of agriculture education. Nearly 82 percent of all funds received by the foundation support FFA and agricultural education opportunities.
Formerly known as Future Farmers of America, the National FFA Organization provides agricultural education to more than 523,000 student members in grades seven through 12 who belong to one of 7,487 local FFA chapters throughout the U.S., Puerto Rico and the Virgin Islands. The organization operates under a federal charter granted by the 81st U.S. Congress and it is an integral part of public instruction in agriculture. For more, visit http://www.ffa.org.
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National FFA Organization
Terry Cunha or Shawn Howard
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About National FFA Foundation
The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that fund FFA activities, recognize member achievements, develop student leaders and support the future of agriculture education. Governed by a 19-member board of trustees comprised of educators, business leaders, individual donors and FFA alumni, the foundation is a separately-registered nonprofit organization. About 82 percent of all sponsorship dollars received by the foundation support FFA members and agricultural education opportunities. For more, visit the National FFA Foundation at http://www.ffa.org/donate.
About National FFA Organization
The National FFA Organization, formerly known as Future Farmers of America, is a national youth organization of 523,309 student members as part of 7,487 local FFA chapters in all 50 states, Puerto Rico and the Virgin Islands. The FFA mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth and career success through agricultural education. The National FFA Organization operates under a federal charter granted by the 81st United States Congress and it is an integral part of public instruction in agriculture. The U.S. Department of Education provides leadership and helps set direction for FFA as a service to state and local agricultural education programs. For more, visit the National FFA Organization online (http://www.ffa.org), on Facebook (http://www.facebook.com/nationalffa), on Twitter (http://twitter.com/nationalffa) and FFA Nation (http://ffanation.ffa.org).
With more than 60 years of experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and oil pipelines, power generation and gas storage facilities. TransCanada's network of wholly owned natural gas pipelines extends more than 35,500 miles, tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately 380 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, over 10,800 megawatts of power generation in Canada and the United States. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP. For more information visit: www.transcanada.com.