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ExxonMobil and Its Employees Donate More Than $1,598,000 to Louisiana Colleges and Universities; 20 Louisiana Institutions to Receive Educational Matching Gift Grants.


Business Editors/Education Writers

IRVING, Texas--(BUSINESS WIRE)--April 15, 2004

ExxonMobil announced today its donation of more than $1,598,000 to Louisiana colleges and universities through the ExxonMobil Foundation's 2003 Educational Matching Gift Program. ExxonMobil employees, retirees, surviving spouses and directors contributed more than $404,600 to Louisiana 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 2003, which was matched by the ExxonMobil Foundation with more than $1,193,500 in unrestricted educational grants.

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 $282.95 million 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 921 colleges and universities across the country with more than $22.5 million. Individual donations totaled $6.4 million, and the ExxonMobil Foundation matched that number with an additional $16.1 million in unrestricted grants.

"We at ExxonMobil are proud of the commitment that our employees have displayed through their generous contributions to institutions of higher education through the Educational Matching Gift Program," 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. "ExxonMobil and our employees remain dedicated to supporting the many institutions of higher education that enrich our nation."

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 20 Louisiana colleges and universities receiving grants are: Louisiana State University Louisiana State University and Agricultural and Mechanical College, generally known as Louisiana State University or LSU, is a public, coeducational university located in Baton Rouge, Louisiana and the main campus of the Louisiana State University System. , Tulane University History
Founding/early history
The University dates from 1834 as the Medical College of Louisiana.<ref name="facts" /> With the addition of a law department, it became The University of Louisiana
, Louisiana Tech University Louisiana Tech University, at Ruston; coeducational; state supported; chartered 1894, opened 1895 as an industrial institute. It became Louisiana Polytechnic Institute in 1921 and attained university status in 1970. , Loyola University and Southeastern Louisiana University Southeastern Louisiana University is a state-funded public university that is located in the city of Hammond, Louisiana. It was originally founded in 1925 by Linus A. Sims, the principal of Hammond High School, as Hammond Junior College, located in a wing of the high school .

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 2003, ExxonMobil Foundation, Exxon Mobil Corporation, and its divisions and affiliates provided $103 million in contributions worldwide, with more than $37 million dedicated to education.

Additional information on ExxonMobil's community partnerships and contributions programs is available at http://www.exxonmobil.com/community.

                  Louisiana Colleges and Universities
   Receiving ExxonMobil Foundation Educational Matching Gift Grants

                    Centenary College of Louisiana
                      Grambling State University
                      Louisiana State University
               Louisiana State University in Shreveport
               Louisiana State University Medical Center
                       Louisiana Tech University
                           Loyola University
                       McNeese State University
                       Nicholls State University
                     Northwestern State University
                    Our Lady of Holy Cross College
                   Southeastern Louisiana University
                      Southern University System
                     St. Josephs Seminary College
                    Tulane University of Louisiana
                  University of Louisiana - Lafayette
             University of Louisiana at Monroe Foundation
                       University of New Orleans
                 University of Southwestern Louisiana
                    Xavier University of Louisiana
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 15, 2004
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