ExxonMobil Foundation has presented a check for more than $1.05 million to the Texas A&M Foundation. The gift, which will benefit Texas A&M University, is under ExxonMobil Foundation’s 3-to-1 match of donations made by the corporation’s employees, retirees, surviving spouses and directors under the ExxonMobil Foundation’s Educational Matching Gift Program for 2008.
All donors, who gave a total of $916,589 in 2008, have chosen which Texas A&M programs will benefit from their gift.
“For decades, Texas A&M has enjoyed loyal support from ExxonMobil Corporation and its Aggie employees and retirees,” Ed Davis, president of the Texas A&M Foundation, said when the check was presented May 7. “We have a tremendous appreciation for their gifts to the university and especially for the generous matching-gift program they maintain.”
Because of Aggies’ loyalty in giving back to their alma mater, Texas A&M has been among the top three universities to receive matching funds from this ExxonMobil Foundation program for the past 10 years.
ExxonMobil Corp. employees, retirees, surviving spouses and directors made more than 8,500 individual contributions totaling more than $11 million to institutions of higher education in 2008, which were matched by the ExxonMobil Foundation with more than $25 million in unrestricted educational grants.
Since its inception in 1962, the program has provided $398 million to higher education institutions in the United States. Through the matching program, donors may pledge up to $7,500 per year to colleges or universities.
The Texas A&M Foundation is a private nonprofit organization that solicits and manages investments in academics and leadership programs to enhance Texas A&M’s capability to be among the best universities. The Foundation leads "Operation Spirit and Mind," a multiyear $300 million scholarship initiative for Texas A&M.
To learn more about scholarships, fellowships, faculty chairs and other academic- and student program-focused giving to benefit Texas A&M University, contact The Texas A&M Foundation at giving.tamu.edu or (800) 392-3310 or (979) 845-8161.
ExxonMobil Foundation is the primary philanthropic arm of the ExxonMobil Corp. in the United States . ExxonMobil Foundation and the ExxonMobil Corp. 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 Foundation supports initiatives to improve math and science education at the K-12 and higher education levels.
Globally, ExxonMobil Foundation provides funding to improve basic education and combat malaria and other infectious diseases in developing countries. In 2008, together with its employees and retirees, ExxonMobil Corp., its divisions and affiliates, and ExxonMobil Foundation provided $225 million in contributions worldwide, of which more than $89 million was dedicated to education. Additional information on ExxonMobil Foundation’s community partnerships and contributions programs is available at www.exxonmobil.com/community.