ExxonMobil and Employees Donate $40 Million to U.S. Colleges and Universities

  ExxonMobil and Employees Donate $40 Million to U.S. Colleges and

  *871 educational institutions to receive funds from a program that matches
    employee donations
  *More than $500 million donated 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 $40.2 million to higher education
institutions across the country as part of the ExxonMobil Foundation’s 2012
Educational Matching Gift Program.

ExxonMobil employees, retirees, directors and surviving spouses contributed
$11.9 million, which was matched with $28.3 million in unrestricted grants
from the ExxonMobil Foundation.

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 American institutions of higher learning.

“The ExxonMobil Foundation has a long history of supporting a range of efforts
to improve the quality of education in the United States,” said Suzanne
McCarron, president of the ExxonMobil Foundation. “We are proud to build upon
the generous support of ExxonMobil employees who are committed to investing in
the future of young Americans.”

In 2012, more than 4,750 employees and retirees made individual donations
through the initiative. Although grants are unrestricted, colleges and
universities are encouraged to designate a portion to math and science
programs supporting student engagement.

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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