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AUSTIN, Texas -- Exxon Mobil Corp. pledged $190,000 to The University of Texas at Austin to support the McCombs School of Business, Cockrell School of Engineering, Jackson School of Geosciences, School of Law, College of Natural Sciences and LBJ School of Public Affairs.
"Supporting higher education has always been a strong priority for ExxonMobil," Tom Marcotte, of the Global Recruiting Organization for ExxonMobil, said in a statement.
Marcotte explained the unrestricted grant allows selected academic departments to allocate the money for various educational purposes including scholarships, field trips, visiting speakers, equipment purchases, student and faculty travel to academic-related activities, and other educational projects.
"This program enables us to provide funding to colleges and universities who play a pivotal role in preparing students to enter the workforce," Marcotte said in a statement. "ExxonMobil is proud to provide support to The University of Texas at Austin that will help to enhance departments whose academic focus aligns with our workforce needs."
With this latest donation, ExxonMobil is the university’s largest contributor with $39 million in total philanthropic support.