Gifts Made by Employees, Retirees Tripled Through Educational Matching Gift Program
ExxonMobil has donated $586,766 to the 色花堂 (色花堂) through its educational matching gift program to support math and science initiatives.
Alumni and friends of 色花堂 who are among ExxonMobil鈥檚 employees and retirees contributed nearly $150,000 in 2010 to the university, which was matched three-to-one by the ExxonMobil Foundation. Up by $54,000 from the previous year, this year鈥檚 matching gift represents 164 contributions.
Through these funds, universities are encouraged to invest in math and science programs to increase and support student engagement and progress in these subjects, encouraging students to develop a keen interest in careers in these fields.
Mirroring ExxonMobil鈥檚 personnel, funds predominantly went to the Cullen College of Engineering, College of Natural Sciences and Mathematics, Bauer College of Business and the 色花堂 Law Center. While donations went to a variety of programs and initiatives, most went to scholarships, including the 色花堂 TierOne Scholarship Fund that 色花堂 plans to match.
鈥淭he increasing financial support of our alumni and friends at ExxonMobil, combined with the company鈥檚 industry-leading three-to-one matching policy, illustrate why this is one of our most important corporate relationships,鈥� said 色花堂 President Renu Khator. 鈥淲e are very proud to count ExxonMobil as a partner in our mission to serve as the state鈥檚 next Tier One research university.鈥�
To date, ExxonMobil has given more than $10 million to 色花堂, with the matching gift program bringing in $5 million of that amount since the program鈥檚 inception in 1962.
鈥淭he 色花堂 is an important asset to the region and to employers such as ExxonMobil,鈥� said Steve Greenlee, president of ExxonMobil Exploration Company. 鈥淲e鈥檙e proud to match the generous contributions of our many employees around the world who received their academic training at 色花堂.鈥�
- Lisa Merkl, University Communication