“Supporting higher education, particularly in the areas of engineering, math and science, is critical in improving individual livelihoods as well as driving broader societal growth,” said Kevin Murphy, president of the ExxonMobil Foundation. “We’ve long supported programs that improve educational outcomes and provide teachers with the tools they need to inspire our next generation of leaders and innovators.”
More than 800 accredited colleges and universities in the United States will receive a total of $50.4 million as part of the ExxonMobil Foundation’s 2018 Educational Matching Gift Program. Nearly 4,000 ExxonMobil employees and retirees contributed more than $17 million to institutions of higher education in 2018, which will be matched with over $32 million in unrestricted grants from the foundation. ExxonMobil has donated nearly $700 million to American institutions of higher learning since the program began.
ExxonMobil and the ExxonMobil Foundation also support programs that encourage students, particularly women and minorities, toward careers in science, technology, engineering and math, as well as teacher training initiatives.