Published Saturday, June 28, 2008 6:05 AM
The Exxon Mobil Foundation recently gave more than $1 million to the Texas A&M Foundation.
The donation was part of a higher education matching gift program in which the company provides a 3-to-1 match of donations up to $7,500 by Exxon Mobil employees, retirees, surviving spouses and directors.
The donors choose which programs will benefit from their gifts and the matching funds from Exxon Mobil. A Texas A&M Foundation spokeswoman said the organization would not divulge how the contributions were marked for use but said scholarships, special faculty chairs and professorships were among the options.
A representative of the Exxon Mobil Foundation could not be reached for comment.
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Posted by: Matt On: 7/11/2008
Comment Title: Wow, what a surprise!
Geez.....Bush, oil companies, Texas, Aggies, oil companies, Bush, Texas, Aggies. Nothing suspicious about this one!
Posted by: bonjovi1704@yahoo.com On: 7/9/2008
Comment Title: Can't be any wourse!!!
It really can't be any wourse then New Jersey here it's $4.27 a gallon for gas!!!
Posted by: On: 6/28/2008
Comment Title:
How does a 3 to 1 match of $7500 come out to $1 million dollars? Consumers better benefit if Exxon Mobil rolled profits back to us.
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