As it preparers to mark its 150th anniversary, The Scotts Miracle-Gro Company has announced the formation of a charitable foundation with a core focus on environmental issues, the creation of community gardens and greenspaces and the development of high-potential, under-served students through education.

“This decision is a testament to our culture and our proud history of supporting the environment and the communities where we live and work,” said Jim Hagedorn, chairman and CEO. “As we prepare to celebrate our 150th anniversary, this is the right time to create a foundation. Such a milestone should do more than simply reflect on where we’ve been, it should focus on where we’re headed. The creation of The Scotts Miracle-Gro Foundation marks a long-term commitment to a series of important causes we hold dear and that we trust the next generation of leaders and associates will proudly build upon.”

One of the first major programs to be supported by the Foundation will take place March 22, which is World Water Day. The Scotts Miracle-Gro Foundation and The Everglades Foundation will co-sponsor a national Impact and Innovation Water Summit, which will address concerns around the growing problem of water nutrient pollution, particularly from excess phosphorus in waterways. The event, which will be held in Florida where nutrient issues have become a significant concern, will mark a formal collaboration from both groups towards supporting bold and lasting designs for water protection.