ExxonMobil and Employees Contribute Almost $3.3 Million to New York Colleges and Universities

May 21, 2018
  • 81 institutions of higher learning in New York receive funds from 3:1
    Educational Matching Gift Program
  • Recipient organizations encouraged to support math and science
    initiatives

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil
and its employees contributed almost $3.3 million to 81 institutions of
higher education across New York as part of the ExxonMobil FoundationÔÇÖs
2017 Educational Matching Gift Program.

ExxonMobil employees, retirees, directors and surviving spouses
contributed more than $1 million to 81 New York colleges and
universities, which was matched by more than $2.2 million 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.

ExxonMobilÔÇÖs program matches donor pledges on a 3:1 basis up to $7,500
to qualified colleges and universities in the United States, as well as
the American Indian College Fund, Hispanic Scholarship Fund and the
United Negro College Fund. More than $665 million has been contributed
to such American institutions over the more than 50 years the company
has offered the Educational Matching Gift Program.

ÔÇ£We have a long history of supporting a range of efforts to improve
education in the United States,ÔÇØ said Kevin Murphy, president of the
ExxonMobil Foundation. ÔÇ£Our employees and retirees are similarly
committed to investing in quality education, as demonstrated by the
impressive amount they have chosen to donate. WeÔÇÖre confident that our
contributions as well as the generous support of our employees and
retirees will help create a stronger future for todayÔÇÖs students.ÔÇØ

Nationwide, almost 840 institutions received almost $50 million through
the 2017 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
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 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 2017, the ExxonMobil Foundation, together with Exxon Mobil
Corporation, its divisions and affiliates along with employees and
retirees, provided $204 million in contributions worldwide, of which $68
million was dedicated to education.

Contacts

ExxonMobil
Media Relations, 972-940-6007