ExxonMobil presents $886,000 check to LSU Foundation

05 06, 2013 by WAFB

ExxonMobil recently presented a check for $886,774 to the LSU Foundation as part of the ExxonMobil Foundation’s Educational Matching Gift Program.

The gift represents the ExxonMobil Foundation match of 2012 employee, retiree and surviving spouse donations of $319,115 to LSU, the LSU AgCenter, and the LSU Paul M. Hebert Law Center. With the ExxonMobil Foundation match, the total commitment from ExxonMobil, its employees and retirees was $1,205,889, and continues the company’s longstanding support for LSU.

“ExxonMobil’s generous matching gift program reflects a commitment to philanthropy that directly impacts the LSU community and those we serve,” said Lee Griffin, president and CEO of the LSU Foundation. “Matching gifts multiply the impact that our alumni and friends make when they partner with the LSU Foundation to support the programs that are most meaningful to them.”

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 colleges and universities with which employees or retirees are affiliated. LSU has consistently been one of the program’s top beneficiaries in the world.

“ExxonMobil employees and retirees have a long history of generous support for higher education,” said Suzanne McCarron, president, ExxonMobil Foundation. “We are pleased to be able build on their commitment and invest in the development of the next generation leaders and innovators from LSU, a flagship university in the state.”