ExxonMobil Provides $1.7 Million in Departmental Grants to 87 Universities for Academic Programs
Sept. 14, 2006
Irving, Texas--ExxonMobil announced that $1.7 million has been contributed in departmental grants to 87 colleges and universities throughout the country to support various academic programs. Through this program, Baylor University received $13,600. The Department of Computer Science received $5,300 of that amount.
The grant allows selected academic departments to allocate the money for various student and faculty travel to academic-related activities, and other educational projects. ExxonMobil awards the grants based on schools that offer degrees in subjects from which it recruits employees.
"Supporting higher education has always been a strong priority for ExxonMobil," said Amy Patton, Global Recruiting Organization, ExxonMobil. "This program enables us to provide funding to colleges and universities who play a pivotal role in preparing students to enter the workforce. ExxonMobil is proud to provide support to Baylor University, which will help to enhance departments whose academic focus aligns with the workforce needs to ExxonMobil."
The amount of the grant is based on several factors, including the number of employees graduated from a specific university.
The Departmental Grants Program represents only a portion of the ExxonMobil's overall support of education. In 2005, ExxonMobil Foundation, ExxonMobil Corporation, and its divisions and affiliates provided $42 million in contributions to educational initiatives worldwide.