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

Business Wirevia The Motley Fool
Updated

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 College

Rock Island

Blackburn College

Carlinville

Bradley University

Peoria

Concordia University

River Forest

De Paul University

Chicago

Eastern Illinois University

Charleston

Elmhurst College

Elmhurst

Erikson Institute

Chicago

Eureka College

Eureka

Illinois College

Jacksonville

Illinois Institute of Technology

Chicago

Illinois State University

Normal

Illinois Wesleyan University

Bloomington

Knox College

Galesburg

Loyola University of Chicago

Chicago

MacMurray College

Jacksonville

Millikin University

Decatur

Monmouth College

Monmouth

Northern Illinois University

De Kalb

Northwestern University

Evanston

Olivet Nazarene University

Bourbonnais

Rockford College

Rockford

Roosevelt University

Chicago

Southern Illinois University

Carbondale

Southwestern Illinois College

Belleville

Trinity International University

Deerfield

University of Chicago

Chicago

University of Illinois

Urbana

Western Illinois University

Macomb

Wheaton College

Wheaton



ExxonMobil
Tricia Simpson, 815-521-7334

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS:

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