OLD DOMINION RECEIVES EXXONMOBIL GRANT
Old Dominion University was among 34 colleges and universities in Virginia to receive more than $646,000 from the ExxonMobil Foundation's 2002 Educational Matching Gifts Program.
ExxonMobil employees, retirees, surviving spouses and directors contributed more than $154,000 to these Virginia institutions of higher education in 2002, which was matched by the ExxonMobil Foundation with more than $492,000 in unrestricted educational grants to those institutions.
Initiated in 1962, the ExxonMobil Foundation's Educational Matching Gift program matches gifts to higher education on a 3-to-1 basis and has provided more than $266 million in gifts to higher education in the United States. This year the
combined contributions of the foundation provided more than 900 colleges and universities across the country with more than $22.4 million. Individual donations totaled $6.1 million, and the ExxonMobil Foundation matched that number with an additional $16.2 million in unrestricted grants.