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Thirty-four institutions of higher learning in Illinois receive funds
from Educational Matching Gift Program -
More than 800 U.S. colleges and universities to benefit from
ExxonMobil matching program - Program is primarily focused on enhancing math and science education
IRVING, Texas–(BUSINESS WIRE)–ExxonMobil
and its XTO Energy subsidiary employees, retirees, directors and
surviving spouses contributed more than $314,000 to 34 Illinois colleges
and universities, the company said today. Those individual donations
were matched by nearly $860,000 in unrestricted grants from the
ExxonMobil Foundation as part of the foundation’s 2018 Educational
Matching Gift Program.
ExxonMobil’s program matches individual donations to accredited colleges
and universities in the United States. The American Indian College Fund,
Hispanic Scholarship Fund and United Negro College Fund are also
eligible to receive donations as part of the matching gift program.
While ExxonMobil’s grants are unrestricted, colleges and universities
are encouraged to designate a portion of the funds they receive to math
and science programs supporting student engagement.
“Supporting higher education, particularly in the areas of engineering,
math and science, is critical in improving individual livelihoods as
well as driving broader societal growth,” said Kevin Murphy, president
of the ExxonMobil Foundation. “We’ve long supported programs that
improve educational outcomes and provide teachers with the tools they
need to inspire our next generation of leaders and innovators.”
More than 800 accredited colleges and universities in the United States
will receive a total of $50.4 million as part of the ExxonMobil
Foundation’s 2018 Educational Matching Gift Program. Nearly 4,000
ExxonMobil employees and retirees contributed more than $17 million to
institutions of higher education in 2018, which will be matched with
over $32 million in unrestricted grants from the foundation. ExxonMobil
has donated nearly $700 million to American institutions of higher
learning since the program began.
ExxonMobil
and the ExxonMobil Foundation also support 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
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 2018, the ExxonMobil Foundation, together with Exxon Mobil
Corporation, its divisions and affiliates, along with employees and
retirees, provided more than $211 million in contributions worldwide, of
which over $75 million was dedicated to education.
Contacts
ExxonMobil Media Relations
972-940-6007
