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ExxonMobil and Employees Donate $1.02 Million to Illinois Colleges and Universities
- Thirty educational institutions in Illinois receive funds from a program that matches employee donations
- More than $4.2 million donated to Illinois post-secondary institutions since 2008
- Recipient organizations encouraged to support math and science initiatives
JOLIET, Ill.–(BUSINESS WIRE)– ExxonMobil and its employees donated $1.02 million to higher education institutions across Illinoisas part of the ExxonMobil Foundation’s 2012 Educational Matching Gift Program.
ExxonMobil Foundation contributed unrestricted grants of $684,270 to match donations of nearly $334,750 from employees, retirees, directors and surviving spouses. Over the past five years, ExxonMobil and its employees have given more than $4.2 million to universities and colleges in Illinois.
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 (NYS: 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.
|List of Illinois Recipients|
|Augustana College||Rock Island|
|Concordia University||River Forest|
|De Paul University||Chicago|
|Eastern Illinois University||Charleston|
|Illinois Institute of Technology||Chicago|
|Illinois State University||Normal|
|Illinois Wesleyan University||Bloomington|
Loyola University of Chicago
|Northern Illinois University||De Kalb|
|Olivet Nazarene University||Bourbonnais|
|Southern Illinois University||Carbondale|
|Southwestern Illinois College||Belleville|
|Trinity International University||Deerfield|
|University of Chicago||Chicago|
|University of Illinois||Urbana|
|Western Illinois University||Macomb|
Tricia Simpson, 815-521-7334
KEYWORDS: United States North America Illinois
The article ExxonMobil and Employees Donate $1.02 Million to Illinois Colleges and Universities originally appeared on Fool.com.
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