ExxonMobil and Employees Donate $800,000 to Colorado Colleges and Universities
- Nine educational institutions in Colorado receive funds from a
program that matches employee donations - XTO Energy employees in Colorado participated in the matching
program - More than $2.6 million donated to Colorado post-secondary
institutions since 2008
ExxonMobil
and its employees, including those from XTO Energy, donated $807,743 to
higher education institutions across Coloradoas part of the
ExxonMobil Foundation′s 2012 Educational Matching Gift Program.
ExxonMobil Foundation contributed unrestricted grants of $532,149 to
match donations of nearly $275,594 from employees, retirees, directors
and surviving spouses. This investment includes gifts from employees of
XTO Energy Inc., an ExxonMobil subsidiary. XTO Energy has offices in
Denver, Durango, Rifle and Trinidad and more than 250 employees in the
state of Colorado.
Over the past five years, ExxonMobil and its employees have given more
than $2.6 million to universities and colleges in Colorado.
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.
Although grants are unrestricted, recipients are encouraged to designate
a portion to math and science programs supporting student engagement.
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.
About XTO Energy
XTO Energy Inc., a subsidiary of ExxonMobil, is a leading natural gas
and oil producer in the U.S. with expertise in developing tight gas,
shale gas, coal bed methane and unconventional oil resources. XTO has
operations in all major U.S. producing regions. XTO has a reputation for
efficient resource development, environmental stewardship and community
involvement, with a particular commitment to building job readiness to
meet the growing challenges and requirements of our domestic natural gas
industry.
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American Indian College Fund | Denver | ||
Colorado College | Colorado Springs | ||
Colorado School of Mines | Golden | ||
Colorado State University | Fort Collins | ||
Regis University | Denver | ||
University of Colorado | Boulder | ||
University of Denver | Denver | ||
University of Northern Colorado | Greeley | ||
US Air Force Academy | Colorado Springs | ||
Bill Holbrook, 303-397-3656
