ExxonMobil, Employees, Retirees Donate More Than $642,000 to North Carolina Colleges and Universities; Educational Matching Gif
14 Avril 2006 - 1:00PM
Business Wire
ExxonMobil announced today that more than $642,000 has been donated
to 33 colleges and universities in North Carolina through the
ExxonMobil Foundation's 2005 Educational Matching Gift Program.
ExxonMobil employees, retirees, surviving spouses and directors
contributed more than $167,000 to North Carolina institutions of
higher education in 2005, which was matched by the ExxonMobil
Foundation with $475,000 in unrestricted educational grants.
Initiated in 1962, the ExxonMobil Foundation's Educational Matching
Gift Program matches gifts to higher education on a 3-to-1 basis
and has provided more than $323 million to higher education in the
United States. This year, the program's combined contributions
provided 908 colleges and universities across the country with more
than $30 million. Individual donations totaled $9 million, and the
ExxonMobil Foundation matched that number with an additional $21
million. "For more than forty years ExxonMobil and its employees
have demonstrated their commitment to institutions of higher
education through our Matching Gifts Program," said Kenneth P.
Cohen, vice president for public affairs, Exxon Mobil Corporation,
and chairman, ExxonMobil Foundation. "Each year, the generosity of
our employees has enabled hundreds of universities across the
nation to enhance their current educational programs to achieve new
levels of excellence." Under the ExxonMobil Foundation's 2005
Educational Matching Gift Program, a donor can give up to $7,500 a
year to colleges and universities with which he or she is
affiliated and the Foundation matches those gifts on a 3-to-1 basis
up to $22,500. The affiliation requirement is waived for gifts to
the United Negro College Fund, the Hispanic Scholarship Fund, and
the American Indian College Fund. ExxonMobil Foundation is the
primary philanthropic arm of the Exxon Mobil Corporation in the
United States. The Foundation engages in a broad range of
philanthropic activities focusing on the communities where Exxon
Mobil Corporation has significant operations. In addition, the
Foundation supports research and dissemination on selected topics
of national interest to the energy industry. Focus areas include
education, health and environment. In 2005, Exxon Mobil
Corporation, its divisions and affiliates, and ExxonMobil
Foundation provided $133 million in contributions worldwide, with
$42 million dedicated to education. Additional information on
ExxonMobil's community partnerships and contributions programs is
available at http://www.exxonmobil.com/community. Attachment: List
of North Carolina colleges and universities receiving grants from
the ExxonMobil Foundation Educational Matching Gift Program. -0- *T
North Carolina Colleges and Universities Receiving ExxonMobil
Foundation Educational Matching Gift Grants Appalachian State
University Belmont Abbey College Brevard College Cape Fear
Community College Catawba College Davidson College Duke University
East Carolina University Fayetteville State University Forsyth
Technical Community College Gardner-Webb University Greensboro
College Guilford College Isothermal Community College Johnson C.
Smith University Lees-McRae College Lenoir-Rhyne College Mars Hill
College Meredith College North Carolina A&T State University
North Carolina State University Pfeiffer University Queens
University of Charlotte Salem College Sandhills Community College
Southeastern Baptist Theological Seminary St. Andrews Presbyterian
College University of North Carolina at Chapel Hill University of
North Carolina at Greensboro University of North Carolina at
Charlotte University of North Carolina at Wilmington Wake Forest
University Warren Wilson College *T
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