Chevron Announces $1.06 Million Gift for Multiple LSU Initiatives
BATON ROUGE – LSU students who have recently accepted full-time or intern positions with Chevron Corp. joined representatives of the company, LSU faculty and staff, and the LSU Foundation for a Feb. 19 lunch recognizing Chevron’s philanthropic commitment to LSU. Through its University Partnership Program, Chevron expects to give $1.06 million to the LSU Foundation this year in support of the Colleges of Engineering, Science and Human Sciences & Education; the E. J. Ourso College of Business; the LSU Olinde Career Center; and the LSU Paul M. Hebert Law Center.
The $1.06 million to be given this year will partially fulfill a nearly $3 million commitment made by Chevron last fall. In August, Chevron announced a $2 million gift commitment to the renovation of Patrick F. Taylor Hall and engineering expansion for LSU’s College of Engineering, and an additional $700,000 to the College of Science. Chevron also announced it would give more than $210,000 in other support this school year to fund scholarships in the E. J. Ourso College of Business; LSU Law Center; and Colleges of Engineering, Human Sciences & Education and Science. Additionally, Chevron earmarked support for the LSU Olinde Career Center and for several student organizations in engineering and science.
The majority of Chevron’s gift supports the private portion of the Breaking New Ground campaign. Publicly launched in April 2013, more than 450 individual and corporate donors pledged $52.5 million in private funds to the campaign, fulfilling the College of Engineering’s commitment to a $100 million public/private partnership to renovate Patrick F. Taylor Hall and construct a chemical engineering addition. Chevron’s $2 million gift to the project will establish an engineering student academic support center and a reservoir mechanics and rock and fluids property teaching laboratory in the Craft & Hawkins Department of Petroleum Engineering.
Chevron’s support of the College of Science will provide funding to establish a materials characterization lab in the Department of Geology & Geophysics. It will leverage a proposal to LSU by the National Science Foundation and complement the recently completed Chevron Reservoir Characterization lab for the Craft & Hawkins Department of Petroleum Engineering.
Chevron has a longstanding relationship with LSU and has donated more than $11 million in support of the university through the Chevron University Partnership Program. More than 600 LSU alumni are employed by Chevron around the world making Chevron one of the top employers of LSU graduates.
The mission of the LSU Foundation is to foster private financial support for LSU, the LSU AgCenter and the LSU Paul M. Hebert Law Center. For more information or to make a gift, visit www.lsufoundation.org.
Chevron is one of the largest multinational energy corporations in the world. It's headquartered in San Ramon, California, is active in more than 180 countries, and employs more than 62,000 people. The company was founded in 1984. For additional information including employment opportunities, please visit www.chevron.com.