EXXONMOBIL COMMITS $325,000 AS MATCHING GIFT TO THE UNIVERSITY OF HOUSTON
Latest Grant Brings Total of Contributions to UH System to $13.6 Million
HOUSTON, May 10, 2007 – ExxonMobil has presented the University
of Houston with a check for $325,099 to match $109,000 in gifts
made to UH by the company’s employees and retirees during
the past year.
The contribution comes as part of the ExxonMobil Educational Matching
Gift Program initiated in 1962. It matches gifts to higher education
on a 3-to-1 basis.
“These thoughtful financial commitments to our university
from the people of ExxonMobil have been made even more significant
by the company’s policy of so generously tripling those gifts,”
said UH President Jay Gogue.
UH was one of 80 colleges and universities in Texas receiving these
grants from the ExxonMobil Foundation this year. All told, nearly
$7 million was awarded to these institutions across the state.
“The success of ExxonMobil’s Educational Matching Gift
Program is a testament to our employees’ deep commitment to
education,” said Kenneth P. Cohen, vice president for public
affairs, ExxonMobil Corporation, and chairman, ExxonMobil Foundation.
“By supporting institutions of higher education, ExxonMobil
and our employees are investing in the development of new technologies,
future leaders, social progress and economic advancement.”
To date, Exxon Mobil’s various contributions to the University
of Houston System, including matching gifts, total $13.6 million.
Exxon Mobil employs approximately 850 UH System alumni, including
Gerald W. McElvy, deputy manager, public affairs, ExxonMobil Corporation
and president of the ExxonMobil Foundation, who earned a bachelor’s
degree in business administration from UH in 1975.
For more information about UH visit the universitys Newsroom at www.uh.edu/admin/media/newsroom.