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ExxonMobil and Its Employees Contribute More Than $919,000 to New Jersey Colleges and Universities; 32 New Jersey Institutions to Receive Educational Matching Gift Grants.


Energy Editors/Business Editors

IRVING, Texas--(BUSINESS WIRE)--April 17, 2003

ExxonMobil announced today that more than $919,000 has been donated to 32 colleges and universities in New Jersey The following is a list of colleges and universities in the U.S. state of New Jersey. Public and Private liberal arts colleges
  • Caldwell College
  • College of Saint Elizabeth
  • Drew University
  • Georgian Court University
  • Monmouth University
 through the ExxonMobil Foundation's 2002 Educational Matching Gifts Program. ExxonMobil employees, retirees, surviving spouses and directors contributed more than $231,000 to these New Jersey institutions of higher education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art.
 in 2002, which was matched by the ExxonMobil Foundation with more than $687,000 in unrestricted educational grants to those institutions.

Initiated in 1962, the ExxonMobil Foundation's Educational Matching Gift program matches gifts to higher education on a 3-to-1 basis and has provided more than $266 million in gifts to higher education in the United States Higher education in the United States refers to colleges and universities within the United States. Overview
The American university system, like the American educational system in general, is highly decentralized because the U.S.
. This year the combined contributions of ExxonMobil and its employees, retirees, surviving spouses and directors provided more than 900 colleges and universities across the country with more than $22.4 million. Individual donations totaled $6.1 million, and the ExxonMobil Foundation matched that number with an additional $16.2 million in unrestricted grants.

"We are proud that ExxonMobil employees have remained steadfast in their commitment to higher education by donating nearly as much to their colleges and universities as they did last year, despite the difficult economic times we are all facing, " said Kenneth P. Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, vice president for public affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information. , Exxon Mobil Corporation Exxon Mobil Corporation

U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores.
, and chairman, ExxonMobil Foundation. "We applaud and honor that commitment at ExxonMobil with a 3-to-1 match, the largest educational matching gift program in the country. We feel the combined efforts of the people of ExxonMobil and the ExxonMobil Foundation truly define our collective dedication to education."

Under the ExxonMobil Foundation's Educational Matching Gift Program, a donor can give up to $5,000 a year to colleges and universities with which he or she is affiliated and the Foundation matches those gifts on a 3-to-1 basis up to $15,000. The affiliate requirement is waived for gifts to the United Negro College Fund The United Negro College Fund (UNCF) is a Fairfax, Virginia-based American philanthropic organization that fundraises college tuition money for African-American students and general scholarship funds for 39 historically black colleges and universities. , the Hispanic Scholarship Fund, and the American Indian American Indian
 or Native American or Amerindian or indigenous American

Any member of the various aboriginal peoples of the Western Hemisphere, with the exception of the Eskimos (Inuit) and the Aleuts.
 College Fund.

Among the 32 New Jersey colleges and universities receiving grants are: College of Saint Elizabeth The College of Saint Elizabeth (CSE) is a private Roman Catholic, four-year, liberal arts college for women. It is located in the Convent Station neighborhood of Morris Township, New Jersey (not to be confused with Morristown, New Jersey, though they share a ZIP code). , New Jersey Institute of Technology, Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities
, Rutgers University Rutgers University, main campus at New Brunswick, N.J.; land-grant and state supported; coeducational except for Douglass College; chartered 1766 as Queen's College, opened 1771. Campuses and Facilities


Rutgers maintains three campuses.
, Seton Hall University Seton Hall University is a private Roman Catholic university located 14 miles from Manhattan in historic South Orange, New Jersey. Founded in 1856 by Archbishop James Roosevelt Bayley, Seton Hall is the oldest diocesan university in the United States.  and Saint Peter's College.

ExxonMobil Foundation is the primary philanthropic arm of the Exxon Mobil Corporation in the United States. The Foundation engages in a broad range of philanthropic activities focusing on the communities where Exxon Mobil Corporation has significant operations. In addition, the Foundation supports research and dissemination on selected topics of national interest to the energy industry. Focus areas include education, health and environment. In 2002, ExxonMobil Foundation, Exxon Mobil Corporation, and its divisions and affiliates provided $98 million in contributions worldwide, with more than $41 million dedicated to education.


                 New Jersey Colleges and Universities
   Receiving Exxonmobil Foundation Educational Matching Gift Grants

                          Bloomfield College
                       Burlington County College
                           Caldwell College
                           Centenary College
                       The College of New Jersey
                      College of Saint Elizabeth
                     The County College of Morris
                            Drew University
                    Fairleigh Dickinson University
                        Georgian Court College
                            Kean University
                       Middlesex County College
                          Monmouth University
                      Montclair State University
                      New Jersey City University
                  New Jersey Institute of Technology
                    Princeton Theological Seminary
                         Princeton University
                     Ramapo College of New Jersey
                   Raritan Valley Community College
                           Rider University
                           Rowan University
                          Rutgers University
                         Saint Peter's College
                         Seton Hall University
                    Stevens Institute of Technology
                      Thomas Edison State College
                         Union County College
          University of Medicine and Dentistry of New Jersey
                    Warren County Community College
             Westminster Choir College of Rider University
                      William Paterson University

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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 17, 2003
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