ExxonMobil and Employees Contribute Nearly $800,000 to Kansas Colleges and Universities
May 08 2017 - 12:50PM
Business Wire
- Eight institutions of higher learning
in Kansas receive funds from 3:1 Educational Matching Gift
Program
- Recipient organizations encouraged to
support math and science initiatives
ExxonMobil and its employees contributed nearly $800,000 to
institutions of higher education across Kansas as part of the
ExxonMobil Foundation’s 2016 Educational Matching Gift Program.
ExxonMobil employees, retirees, directors and surviving spouses
contributed $204,000 to eight Kansas colleges and universities,
which was matched by $580,000 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.
ExxonMobil’s 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 $630 million has
been contributed to such American institutions over the more than
50 years the company has offered the Educational Matching Gift
Program.
“ExxonMobil’s employees are committed to investing in quality
education,” said Ben Soraci, president of the ExxonMobil
Foundation. “The ExxonMobil Foundation has a long history of
supporting a range of efforts to improve education in the United
States. We hope our contributions and the generous support of
ExxonMobil’s employees will help create a stronger future for
today’s students.”
Nationwide, more than 850 institutions received more than $50
million through the 2016 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 advancing education, with a focus on math and science in
the United States, promoting women as catalysts for economic
development and combating malaria. In 2016, together with its
employees and retirees, Exxon Mobil Corporation, its divisions and
affiliates, and the ExxonMobil Foundation provided $242 million in
contributions worldwide, of which $72 million was dedicated to
education.
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