ExxonMobil presented a check for $886,774 to the LSU Foundation as
part of the ExxonMobil Foundation's 2012 Educational Matching Gift
The gift, announced during an on-campus breakfast on April 25,
represents the ExxonMobil Foundation match of 2012 employee, retiree and
surviving spouse donations of $319,115 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
$1,205,889, and continues the company's longstanding support for LSU.
"ExxonMobil's generous matching gift program reflects a commitment to
philanthropy that directly impacts the LSU community and those we
serve," said Lee Griffin, president and CEO of the LSU Foundation.
"Matching gifts multiply the impact that our alumni and friends make
when they partner with the LSU Foundation to support the programs that
are most meaningful to them."
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. LSU has consistently been one of
the program's top beneficiaries in the world.
"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, a flagship university in the state."
Among the LSU colleges and units supported by this most recent gift
are the LSU Flagship Annual Fund; LSU AgCenter; the colleges of
Agriculture, Art & Design, Engineering, Humanities & Social
Sciences, Human Sciences & Education (including the LSU Laboratory
School); Music & Dramatic Arts, and Science; the E. J. Ourso College
of Business; Division of Student Life & Enrollment; LSU Continuing
Education; the Honors College; the LSU Paul M. Hebert Law Center; LSU
Laboratory School; Manship School of Mass Communication; the LSU Museum
of Art; LSU Office of Student Aid & Scholarships; LSU Press; LSU
Rural Life Museum; and Swine Palace. Gifts were also made directly to
the LSU Foundation and the LSU Alumni Association.
Including this matching gift, in 2012 the company directly invested
nearly $1.4 million to LSU through all programmatic support, including
the ExxonMobil Diversity Mentor-Scholar Program in the College of
Engineering, GeauxTeach Math/Science program, and North Baton Rouge STEM
Grant programs through the LSU CAIN Center.
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.
About the ExxonMobil Foundation
ExxonMobil Foundation is the primary philanthropic arm of the Exxon
Mobil Corporation in the United States. The foundation and the
corporation 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 supports
initiatives to improve math and science education at the K-12 and higher
education levels. In 2012, together with its employees and retirees,
Exxon Mobil Corporation, its divisions and affiliates, and ExxonMobil
Foundation provided $256 million in contributions worldwide, of which
$116 million was dedicated to education.