ExxonMobil and Employees Donate more than $44 Million to U.S. Colleges and Universities

  ExxonMobil and Employees Donate more than $44 Million to U.S. Colleges and
  Universities

  Close to 900 educational institutions to receive funds from a program that
                      triple matches employee donations

  *Contributions 10 percent greater than prior year
  *More than half a billion dollars donated since program began in 1962
  *Recipient organizations encouraged to support math and science initiatives

Business Wire

IRVING, Texas -- April 4, 2014

ExxonMobil and its employees are donating $44.2 million to higher education
institutions across the country as part of the ExxonMobil Foundation’s 2013
Educational Matching Gift Program, an increase of 10 percent over the prior
year.

ExxonMobil employees, retirees, directors and surviving spouses contributed
$13.7 million, which was matched with $30.5 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 $536 million have
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 and supporting institutions of higher learning.”

In 2013, 4,796 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 science, technology,
engineering and math, as well as teacher training initiatives.

About the ExxonMobil Foundation

The ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil
Corporation (NYSE:XOM) in the United States. The foundation and the
corporation engage in a range of philanthropic activities that advance
education, with a focus on math and science in the United States, promote
women as catalysts for economic development and combat malaria. In 2013,
together with its employees and retirees, Exxon Mobil Corporation, its
divisions and affiliates, and the ExxonMobil Foundation provided $269 million
in contributions worldwide, of which $110 million was dedicated to education.
Additional information on ExxonMobil’s community partnerships and contribution
programs is available at www.exxonmobil.com/community.

Contact:

ExxonMobil
Media Relations, 972-444-1107
 
Press spacebar to pause and continue. Press esc to stop.