ExxonMobil Foundation’s 2013 Educational Matching Gift Program
ExxonMobil and Employees Donate:
$1.3 Million to Oklahoma Colleges and Universities
$729,900 to Kansas Colleges and Universities
$1.1 Million to New Jersey Colleges and Universities
$3.0 Million to New York Colleges and Universities
$2.6 Million to Pennsylvania Colleges and Universities
$696,300 to Colorado Colleges and Universities
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.
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.
Source: ExxonMobil’s community partnerships