Exxon gives $8.3M to Texas colleges

In all, Irving-based Exxon (NYSE: XOM) said 73 universities and colleges in the Lone Star State will receive money. Exxon Mobil’s gift fund to universities generally allows donors to pledge up to $7,500 per year to colleges or universities. Exxon matches the donations on a 3-to-1 basis, the company said.

Written by: Jessica Behnham

Through the ExxonMobil Foundation’s 2008 Educational Matching Gift Program, oil giant Exxon Mobil Corp. and employees who donate money through the foundation have given $8.3 million in educational gift funds to dozens of Texas universities.

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