05/08/2014 12:01 PM
BATON ROUGE – ExxonMobil presented a check for $967,375.95 to the LSU Foundation as
part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program.
The gift, announced during an on-campus breakfast on May 7, represents the ExxonMobil
Foundation match of 2013 employee, retiree and surviving spouse donations of more
than $386,000 to LSU, the LSU AgCenter and the LSU Paul M. Hebert Law Center. With
the ExxonMobil Foundation match, the total commitment from ExxonMobil, its employees
and retirees was more than $1.3 million, and continues the company’s longstanding
support for LSU.
“ExxonMobil sets the bar for corporate matching programs,” said Lee Griffin, president and CEO of the LSU Foundation. “Employees and retirees have the freedom to decide which educational programs and initiatives are most meaningful to them, and to have their own generosity matched 3:1. It is a very generous program that allows ExxonMobil Tigers to impact every corner of campus.”
The ExxonMobil Foundation Educational Matching Gift Program has provided more than $500 million to higher education since 1962. Under the program, the ExxonMobil Foundation provides 3:1 unrestricted, matching funds for donations to colleges and universities with which employees or retirees are affiliated. ExxonMobil and its employees are donating $2.5 million to higher education institutions across Louisiana as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program, an increase of 5 percent over the prior year. LSU has consistently been one of the program’s top beneficiaries in the country.
“ExxonMobil employees and retirees have a long history of generous support for higher education,” said Suzanne McCarron, president, ExxonMobil Foundation. “We are pleased to be able build on their commitment and invest in the development of the next generation leaders and innovators from LSU, the flagship university in the state.”
Among the LSU colleges and units supported by this most recent gift are the College of Engineering, including significant support for the Breaking New Ground campaign to renovate Patrick F. Taylor Hall and construct a chemical engineering addition; the Colleges of Agriculture, Art & Design, Engineering, Human Sciences & Education (including the LSU Laboratory School), Humanities & Social Sciences, Music & Dramatic Arts, and Science; the E. J. Ourso College of Business; Geaux Teach; LSU AgCenter; LSU Flagship Annual Fund; LSU Foundation’s Endow an Oak program; LSU Libraries; LSU Paul M. Hebert Law Center; LSU Rural Life Museum; Manship School of Mass Communication; School of Veterinary Medicine; Student Life & Enrollment; Student Union; Swine Palace; and The Southern Review. Gifts were also made directly to the LSU Foundation and the LSU Alumni Association.
Founded in 1960, the mission of the LSU Foundation is to foster private financial support for LSU, the LSU AgCenter, the LSU Paul M. Hebert Law Center, and the LSU System Office. For more information, please visit www.lsufoundation.org.
About the ExxonMobil Foundation
The ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil Corporation (NYSE:XOM) in the United States. The foundation and the corporation engage in a range of philanthropic activities that advance education, with a focus on math and science in the United States; promote women as catalysts for economic development; and combat malaria. In 2013, together with its employees and retirees, Exxon Mobil Corporation, its divisions and affiliates, and the ExxonMobil Foundation provided $269 million in contributions worldwide, of which $110 million was dedicated to education. Additional information on ExxonMobil’s community partnerships and contribution programs is available at www.exxonmobil.com/community.
Posted on Thursday, May 8, 2014