The ExxonMobil Foundation has donated $1,038,866 to the LSU Foundation as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program.
The gift represents the ExxonMobil Foundation 3:1 match of 157 employees’, retirees’ and surviving spouses’ donations of $377,013 to LSU. LSU was the third-largest beneficiary of the company’s Educational Matching Gift Program last year.
The ExxonMobil Foundation Educational Matching Gift Program has provided more than $500 million to higher education since 1962. Under the program, the ExxonMobil Foundation provides 3:1 unrestricted, matching funds for donations to U.S. colleges and universities with which employees or retirees are affiliated. LSU has consistently been one of the program’s top beneficiaries.