Wednesday, October 28, 2020

ExxonMobil and employees donate $3.1 million to Pennsylvania colleges, universities

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

ExxonMobil and its XTO Energy subsidiary employees, retirees, directors and surviving spouses contributed more than $876,000 to 60 Pennsylvania colleges and universities, the company said on Thursday.

Those individual donations were matched by more than $2.3 million in unrestricted grants from the ExxonMobil Foundation as part of the foundation’s 2018 Educational Matching Gift Program.

Sixty institutions of higher learning in Pennsylvania receive funds from Educational Matching Gift Program

ExxonMobil’s program matches individual donations to accredited colleges and universities in the United States.

The American Indian College Fund, Hispanic Scholarship Fund and United Negro College Fund are also eligible to receive donations as part of the matching gift program.

While ExxonMobil’s grants are unrestricted, colleges and universities are encouraged to designate a portion of the funds they receive to math and science programs supporting student engagement.

“Supporting higher education, particularly in the areas of engineering, math and science, is critical in improving individual livelihoods as well as driving broader societal growth,” said Kevin Murphy, president of the ExxonMobil Foundation.

“We’ve long supported programs that improve educational outcomes and provide teachers with the tools they need to inspire our next generation of leaders and innovators.”

More than 800 U.S. colleges and universities to benefit from ExxonMobil matching program

More than 800 accredited colleges and universities in the United States will receive a total of $50.4 million as part of the ExxonMobil Foundation’s 2018 Educational Matching Gift Program.

Nearly 4,000 ExxonMobil employees and retirees contributed more than $17 million to institutions of higher education in 2018, which will be matched with over $32 million in unrestricted grants from the foundation.

ExxonMobil has donated nearly $700 million to American institutions of higher learning since the program began.

Program is primarily focused on enhancing math and science education

ExxnMobil and the ExxonMobil foundation also support programs that encourage students, particularly women and minorities, toward careers in science, technology, engineering and math, as well as teacher training initiatives.

Read also: ExxonMobil provides $100,000 to support relief efforts in Mozambique following cyclone Kenneth

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
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