ExxonMobil Foundation Gives Grant to Carnegie Mellon
ExxonMobil Foundation recently awarded Carnegie Mellon University a grant of over $148,000 as part of their Educational Matching Gift Program. The award provides funds to educational institutions through a three to one match of donations by ExxonMobil employees, retirees, and survivingspouses. Carnegie Mellon is among over 952 participating colleges and universities that collectively received more than $33 million from ExxonMobil through the 2006 Educational Matching Gift Program. The gift matches employees' contributions directed throughout Carnegie Mellon, including the the College of Engineering, the College of Humanities and Social Sciences, and the Tepper School of Business.
David Levy, manager of financial reporting and analysis for ExxonMobil, visited campus on April 30 to speak with MBA students and to personally present the gift to Tepper School of Business Dean Kenneth B. Dunn (on left in photo with David Levy, right). "ExxonMobil's investment is a valuable contribution that will help the Tepper School extend additional support to faculty research and also add to the financial aid we can make available to our students," Dunn said.
In 2006, ExxonMobil expanded efforts to help improve U.S. math and science education by increasing support of unique programs that benefit both students and teachers. ExxonMobil employees, retirees, and surviving spouses donated more than $9 million to institutions of higher education, which were matched by ExxonMobil Foundation with $24 million in educational grants.
"We are targeting math and science programs to respond to the nation's growing need to produce more engineers and scientists, and to develop more highly qualified math and science teachers to train the nation's youth," said Gerald W. McElvy, president of ExxonMobil Foundation.