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ExxonMobil Foundation gives $55,923.30 to Marietta College

by Tom Perry

Marietta, Ohio (07/15/2019) — Marietta College announced today that it has received $55,923.30 from ExxonMobil and its subsidiary XTO Energy through the ExxonMobil Foundation's 2018 Educational Matching Gift Program.

Karen Matusic, Manager of Public and Government Affairs for XTO Energy, presented the check to Marietta College President Bill Ruud, along with Dr. Ben Ebenhack, Chair of Petroleum Engineering & Geology, Marietta student Julia Losco '21 (Wexford, Pennsylvania) and Leah Magyary, Director of Donor Relations and Advancement Services.

"We are so appreciative for the Marietta College alumni, parents and friends who show their support by making a donation each year through this wonderful program at ExxonMobil," Ruud said.

The ExxonMobil Foundation is the primary philanthropic arm of the Exxon Mobil Corp. The Foundation's contribution, representing the generosity of many alumni, friends and supporters of higher education, underscores a long-standing commitment to higher education that is the foundation for Marietta College's relationship with the ExxonMobil Corp. The 2018 gift increases the ExxonMobil Foundation's giving to a cumulative amount of $208,094.86 at Marietta.

In 2018-2019, ExxonMobil employees, retirees, directors and surviving spouses contributed to Marietta College, and their gifts were matched at a 3:1 ratio with the funds designated for unrestricted grants from the ExxonMobil Foundation. Although the contributions can be used for a wide variety of academic programs, colleges and universities are encouraged to designate a portion to math and science programs supporting student engagement. The program matches donor pledges 3:1 up to $7,500 to qualified colleges and universities in the United States, along with the American Indian College Fund, Hispanic Scholarship Fund and the United Negro College Fund.

While ExxonMobil's program is one of the most generous, more than 7,500 companies offer matching gift programs to their employees. To find out more about matching gifts to Marietta College, visit www.marietta.edu/matching-gifts or contact the College's Advancement Department at (740) 376-4711. Gifts, including matching gifts, may be securely made online at www.marietta.edu/give.

Located in Marietta, Ohio, at the confluence of the Muskingum and Ohio rivers, Marietta College is a four-year liberal arts college. Tracing its roots to the Muskingum Academy back in 1797, the College was officially chartered in 1835. Today Marietta College serves a body of 1,200 full-time students. The College offers more than 50 majors and is consistently ranked as one of the top regional comprehensive colleges by U.S. News & World Report and The Princeton Review, as well as one of the nation's best by Forbes.com. Marietta was selected seventh in the nation according to the Brookings Institution's rankings of colleges by their highest value added, regardless of major.

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Media Attachments

Karen Matusic, Manager of Public and Government Affairs for XTO Energy (far left), presents a check for $55,923.30 to Marietta College's Julia Losco ’21 and President Bill Ruud. In the back is Dr. Ben Ebenhack, Chair of Petroleum Engineering & Geology and Leah Magyary, Director of Donor Relations and Advancement Services.

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