ExxonMobil and Employees Donate $1.02 Million to Illinois Colleges and Universities

Before you go, we thought you'd like these...
Before you go close icon

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
 

College/University

   

City

Augustana CollegeRock Island
Blackburn CollegeCarlinville
Bradley UniversityPeoria
Concordia UniversityRiver Forest
De Paul UniversityChicago
Eastern Illinois UniversityCharleston
Elmhurst CollegeElmhurst
Erikson InstituteChicago
Eureka CollegeEureka
Illinois CollegeJacksonville
Illinois Institute of TechnologyChicago
Illinois State UniversityNormal
Illinois Wesleyan UniversityBloomington
Knox CollegeGalesburg

Loyola University of Chicago

 

Chicago

MacMurray CollegeJacksonville
Millikin UniversityDecatur
Monmouth CollegeMonmouth
Northern Illinois UniversityDe Kalb
Northwestern UniversityEvanston
Olivet Nazarene UniversityBourbonnais
Rockford CollegeRockford
Roosevelt UniversityChicago
Southern Illinois UniversityCarbondale
Southwestern Illinois CollegeBelleville
Trinity International UniversityDeerfield
University of ChicagoChicago
University of IllinoisUrbana
Western Illinois UniversityMacomb
Wheaton CollegeWheaton



ExxonMobil
Tricia Simpson, 815-521-7334

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:

The article ExxonMobil and Employees Donate $1.02 Million to Illinois Colleges and Universities originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners