ExxonMobil and Employees Donate $1.29 Million to Virginia Colleges and Universities

  ExxonMobil and Employees Donate $1.29 Million to Virginia Colleges and

  *35 educational institutions in Virginia to receive funds from a program
    that matches employee donations
  *More than $500 million donated to institutions across the nation since
    program began in 1962
  *Recipient organizations encouraged to support math and science initiatives

Business Wire

IRVING, Texas -- April 15, 2013

ExxonMobil and its employees are donating $1.29 million to higher education
institutions across Virginia  as part of the ExxonMobil Foundation’s 2012
Educational Matching Gift Program.

ExxonMobil Foundation contributed unrestricted grants of nearly $925,000 to
match donations of $370,000 from employees, retirees, directors and surviving

The program matches donor pledges 3:1 up to $7,500 to qualified colleges and
universities in the United States along with the American Indian College Fund,
Hispanic Scholarship Fund and the United Negro College Fund. Since the
Educational Matching Gift Program began in 1962, more than $500 million has
been donated to institutions of higher learning.

“ExxonMobil employees have a history of giving back through both their
volunteerism and philanthropy. The corporation and Foundation share that
philosophy and are proud to join them in their generous support,” said Suzanne
McCarron, president of the ExxonMobil Foundation.

During 2012, 213 employees and retirees made individual donations to Virginia 
colleges and universities. Although grants are unrestricted, recipients are
encouraged to designate a portion to math and science programs supporting
student engagement. Over the past 10 years, ExxonMobil and its employees have
given more than $11 million to universities and colleges in Virginia.

Nationwide, 871 institutions received $40.2 million through the 2012
Educational Matching Gift Program.

In addition to the Educational Matching Gift Program, ExxonMobil and the
ExxonMobil Foundation support and develop programs that encourage students,
particularly women and minorities, toward careers in math and science fields,
as well as teacher training initiatives.

About the ExxonMobil Foundation

The ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil
Corporation in the United States. The foundation and the corporation engage in
a range of philanthropic activities that advance education, health and science
in the communities where ExxonMobil has significant operations. In the United
States, ExxonMobil supports initiatives to improve math and science education
at the K-12 and higher education levels. In 2012, together with its employees
and retirees, Exxon Mobil Corporation (NYSE:XOM), its divisions and
affiliates, and the ExxonMobil Foundation provided $256 million in
contributions worldwide, of which $116 million was dedicated to education.


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