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ExxonMobil, IBM, and State Farm Honored for Outstanding Corporate Support of Education.

Business Editors/Education Writers

NEW YORK--(BUSINESS WIRE)--June 12, 2002

The Council for Aid to Education (CAE) today announced that three corporations - ExxonMobil, IBM, and State Farm Insurance Companies - are the recipients of its 2002 Leaders for Change Awards. The companies, victors in CAE's eighth annual competition, were honored for promoting the most comprehensive and effective corporate education improvement programs nationwide and will be recognized at a lunch forum at the University Club in New York City on June 12, 2002.

"Corporate America recognizes that a qualified workforce is predicated on quality education," said CAE president Roger Benjamin. "Moreover, a quality education is the basic foundation of not only a robust economy but a secure society."

ExxonMobil's Pre-College and Higher-Education Science and Mathematics program - honored by CAE in the category of "K-16 Learning Initiatives" - helps to strengthen the effectiveness of science and mathematics teaching and learning from kindergarten through graduate education.

"ExxonMobil believes education is one of the most important elements of a thriving community," said Edward F. Ahnert, President of ExxonMobil Foundation. "We emphasize improving educational programs in science and math, particularly among under-represented population groups. We are honored to receive the 2002 Leaders for Change Award from the Council for Aid to Education."

IBM's Reinventing Education program - honored by CAE in the category of "Sustained Excellence" - develops innovative technology solutions for teachers, students and parents to jumpstart comprehensive and lasting school reforms that result in higher achievement for all students.

And State Farm's Partners in a Learning Community program - honored by CAE in the category of "Effective Teacher Training" - provides funding, support and professional development opportunities in partnership with the National Board for Professional Teaching Standards (NBPTS) to teachers and educational institutions.

The Leaders for Change award program is now in its eighth year. To be eligible, the corporate-sponsored programs must seek to improve education, reflect multi-year efforts and provide funding of at least $250,000. The projects generally reflect a long-term commitment to systemic reform, are evaluation-based and demonstrate improvements in student achievement.

The Council for Aid to Education, a part of RAND since 1996, was established in 1952 to advance corporate support of education. Now in its 50th year, CAE provides analytical services to educational institutions, makes policy recommendations based on RAND research, promotes corporate grantmaking to education, and is the nation's leading source of data on private giving to education through its annual Voluntary Support of Education (VSE) report.

SOURCE: Council for Aid to Education
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Publication:Business Wire
Date:Jun 12, 2002
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