MARYSVILLE, Ohio, Feb. 22, 2017 (GLOBE NEWSWIRE) -- On the cusp of its 150th anniversary, The Scotts Miracle-Gro Company today 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, underserved 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 150 th 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. Summit attendees will include representatives from the public and private sector, academic experts on water quality issues, as well as other water-related environmental organizations from across the U.S., including a dozen charitable organizations whose work The Scotts Miracle-Gro Foundation will also fund. "Supporting water quality and conservation issues is the most important environmental priority for our Company, so it's fitting that it be the first major focus of our new Foundation," said Foundation President and Board Member Jim King who also serves as SVP and Chief Communications Officer for ScottsMiracle-Gro. "But achieving clean, abundant water is a challenge much broader than what our company or industry can solve for alone. We hope that our support of The Everglades Foundation and other environmental groups will help advance the cause of preserving the beauty and health of our waterways."