ExxonMobil Foundation, past and present employees show support for Tech
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Louisiana Tech University has received a generous gift of over $168,000 from the ExxonMobil Foundation, as a part of its 2013 Educational Matching Program, to advance the Foundation’s efforts to support students and teachers in improving math and science education across the nation.
Troy O’Laughlin, planning advisor for Planning and Business Development at ExxonMobil Chemical Corporation and a 1999 chemical engineering graduate of Louisiana Tech, joined Louisiana Tech President Les Guice in the Ropp Center Thursday, for the gift presentation. The donation was made possible through the contributions of ExxonMobil employees, retirees and surviving spouses, and a 3-to-1 match from the ExxonMobil Foundation.
“We are grateful for the ExxonMobil Foundation’s investment in the people and the programs of Louisiana Tech University,” said Guice. “Support from corporate and industry partners like ExxonMobil is essential to helping us achieve our vision as an institution, and to produce graduates who have the skills and confidence needed to become leaders in their fields. We look forward to continuing to work together with ExxonMobil and to fill the workforce pipeline with high quality and well prepared professionals.”
In addition to its Educational Matching Gift Program, ExxonMobil and the ExxonMobil Foundation support and develop programs that encourage students, particularly women and minorities, toward careers in science, technology, engineering and math, as well as teacher training initiatives.
“The ExxonMobil Foundation has a long history of supporting a range of efforts to improve the quality of education in the United States,” said Suzanne McCarron, president of the ExxonMobil Foundation. “We are proud to build upon the generous support of ExxonMobil employees who are committed to investing in the future of young Americans and supporting institutions of higher learning.”
Although grants are unrestricted, colleges and universities who receive them are encouraged to designate a portion to math and science programs supporting student engagement.
Louisiana Tech is one of 866 college and universities participating in the ExxonMobil Foundation’s educational support programs. In 2013, nearly 4,800 employees, retirees and surviving spouses donated a total of $13.7 million. With the ExxonMobil Foundation’s matching contributions, $30.5 million in educational grants were designated to support higher education institutions throughout the United States.
Since the Educational Matching Gift Program’s establishment in 1962, the ExxonMobil Foundation has provided more than a half a billion dollars in matching grants to higher education in the U.S.