ExxonMobil and Employees Donate $9.7 Million to Texas Colleges and
*Contributions 4 percent greater than prior year
*74 institutions of higher learning in Texas receive funds from 3:1
Educational Matching Gift Program
*Recipient organizations encouraged to support math and science initiatives
IRVING, Texas -- April 4, 2014
ExxonMobil and its employees are donating $9.7 million to higher education
institutions across Texas as part of the ExxonMobil Foundation’s 2013
Educational Matching Gift Program.
In 2013, ExxonMobil employees, retirees, directors and surviving spouses
contributed $2.8 million, which was matched with $6.9 million in unrestricted
grants from the ExxonMobil Foundation. Although grants are unrestricted,
colleges and universities are encouraged to designate a portion to math and
science programs supporting student engagement.
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.”
Nationwide, close to 900 institutions received $44 million through the 2013
Educational Matching Gift Program, a 10 percent increase over the prior year.
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.
Media Relations, 972-444-1107
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