ExxonMobil and Employees Donate $2.9 Million to New York Colleges and Universities
- 86 educational institutions in New York 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
ExxonMobil
and its employees are donating $2.9 million to higher education
institutions across New Yorkas part of the ExxonMobil
Foundation′s 2012 Educational Matching Gift Program.
ExxonMobil Foundation contributed unrestricted grants of $2.1 million to
match donations of more than $790,000 from employees, retirees,
directors and surviving spouses.
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, 470 employees and retirees made individual donations to New
Yorkcolleges 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 almost $30 million to
universities and colleges in New York.
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. www.exxonmobil.com/community.
ExxonMobil
Media Relations, 972-444-1107
