Bucknell is recipient of $110,000 ExxonMobil grant
President Mitchell, left, and Ron Billings
LEWISBURG, Pa. - The ExxonMobil Foundation has provided Bucknell University with a grant of nearly $110,000.
Presenting the check to the University was Ron Billings '69, vice president of ExxonMobil Gas & Power Marketing Co.
"We greatly appreciate this support from the ExxonMobil Foundation," said Bucknell President Brian C. Mitchell. "The foundation has magnified the generosity of Bucknell alumni who are employees or retirees of the company and provided crucial resources to support the University."
The check represented the foundation's three-to-one match of donations made to Bucknell by ExxonMobil employees, retirees, and surviving spouses under the 2006 educational matching gift program. Gift donations of up to $7,500 made in 2006 were matched in 2007.
Through the foundation's matching gift program, Bucknell has been the recipient of funding totaling nearly $745,000 from 2002 to 2007.
Bucknell is one of 952 participating colleges and universities that collectively received more than $33 million from ExxonMobil and its employees and retirees through the educational matching gift program. In 2006, employees, retirees, and surviving spouses donated more than $9 million to institutions of higher education which was matched by $24 million in educational grants.
Established in 1955
The foundation was established in 1955.
Posted June 4, 2007
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