ExxonMobil and Employees Donate $1.1 Million to Illinois Colleges and Universities
April 09 2014 - 2:25PM
Business Wire
- Contributions 12 percent greater than
prior year
- 33 institutions of higher learning in
Illinois receive funds from 3:1 Educational Matching Gift
Program
- Recipient organizations encouraged to
support math and science initiatives
ExxonMobil and its employees are donating $1.1 million to higher
education institutions across Illinois as part of the ExxonMobil
Foundation’s 2013 Educational Matching Gift Program, an increase of
12 percent over the prior year.
In 2013, ExxonMobil employees, retirees, directors and surviving
spouses contributed $346,800, which was matched with $793,600 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, an increase of
10 percent 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 advancing education, with a focus on math and science in
the United States, promoting women as catalysts for economic
development and combating 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.
ExxonMobilMedia Relations, 972-444-1107
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