Of the nearly $50 million donated by ExxonMobil and its employees to 840 colleges and universities last year, more than $1 million went to higher education in Oklahoma.
The Texas-based energy company and its employees donated $49.8 million as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. Employees, retirees and directors contributed $16.9 million which was matched with $32.9 million in unrestricted grants from ExxonMobil Foundation.
The breakdown showed that $1.4 million went to 10 institutions of higher education in Oklahoma. The retirees and directors contributed more than $379,000 to the colleges and universities which was matched by more than $1 million in grants. While the grants are unrestricted, the colleges and universities are encouraged to designate a portion to math and science programs.
“We have a long history of supporting a range of efforts to improve education in the United States,” said Kevin Murphy, president of the ExxonMobil Foundation. “Our employees and retirees are similarly committed to investing in quality education, as demonstrated by the impressive amount they have chosen to donate. We’re confident that our contributions as well as the generous support of our employees and retirees will help create a stronger future for today’s students.”
Nine schools in Kansas received $747,000 from ExxonMobil’s Foundation while $170,000 went to higher education in New Mexico and $874,000 in Colorado.