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worldwide giving report
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Making the most of energy resources is about more than oil and gas production — it is about forming a global partnership for development, and creating and delivering sustainable, long-term benefits to local communities. ExxonMobil has a long tradition of investing in programs that support education, health, and infrastructure. We partner with local institutions, NGOs, governments, and development agencies to design our strategic investment programs. This allows us to have a greater impact on the communities in which we operate.
In 2007, Exxon Mobil Corporation, its divisions and affiliates, and ExxonMobil Foundation, the primary philanthropic arm of the corporation in the United States, combined to provide $173.8 million in donations of cash, goods and services worldwide. Of the total, $93.9 million supported communities in the United States and $79.9 million supported communities in other countries around the world. Spending included traditional contributions to nonprofit organizations, as well as funds invested in social projects through various joint venture arrangements, production-sharing agreements, projects operated by others, and contractual social bonus arrangements.
Bernard Harris, a former astronaut and president of the Harris Foundation, assists middle school students with an engineering experiment at an ExxonMobil Bernard Harris Summer Science Camp. In 2007, 20 summer science camps were held at 19 universities in the U.S. with more than 900 middle school students attending.
Beyond the Corporation’s investments, ExxonMobil employees, retirees, and their families contribute their own time and money to charitable organizations. In 2007, ExxonMobil employees and retirees personally donated $32.8 million through company-sponsored matching gift, disaster relief and employee-giving programs. When combined with corporate donations, ExxonMobil, together with its employees and retirees, contributed $206.6 million to community investments around the world
. In addition, more than 15,300 ExxonMobil employees, retirees, and family members worldwide donated more than 686,000 volunteer hours to more than 5,400 charitable organizations in 29 countries through company-sponsored volunteer programs.
ExxonMobil has a long history of supporting and improving educational programs. In the developed world, we target math and science education because a basic understanding of these subjects is increasingly important in today’s highly competitive, technology-driven world. In developing countries, basic education is necessary to spur development and economic growth. In 2007, we directed $69.7 million to education worldwide.
In 2007, ExxonMobil continued to invest heavily in math and science education in the United States. We support initiatives that encourage students to take an active interest in careers in the math and science fields, support the professional development of highly qualified teachers, and promote involvement of women and minorities in these subjects. ExxonMobil became a founding sponsor of the National Math and Science Initiative (NMSI) and committed $125 million to support this initiative, the largest-ever corporate gift for math and science education in the United States.
In 2008, ExxonMobil Foundation is expanding efforts to empower women in developing countries by participating in a new campaign called Women Can. The campaign name echoes the words of Ellen Johnson-Sirleaf, who became Liberia’s – and Africa’s – first elected female head of state in 2006. As her success shows, women can overcome barriers to help build stronger, healthier communities.
As a major investor in Africa, ExxonMobil recognizes that improving health in Africa is a necessary foundation for economic growth and development, and is critical to achieving the company’s business objectives as well. Our Africa Health Initiative was established to improve the health of people on the African continent. Since we launched the Africa Health Initiative in 2000, we have invested approximately $40 million to support efforts to fight against malaria — with $12.4 million in grants being awarded in 2007.
Although the education of women and girls is closely tied to good health and women’s economic empowerment, women and girls in many countries do not get the support they need and deserve. To help reduce barriers that prevent girls from being educated and to equip women to become leaders in their community, we launched our Educating Women and Girls Initiative in 2005. Extensive research confirms that programs directed at educating women and girls can have a “multiplier effect” for local communities, leading to better health conditions, reduced poverty, and slowing the spread of HIV/AIDS. In 2007, we made grants totaling more than $6 million, bringing our cumulative investments in our Educating Women and Girls Initiative to over $11 million in Africa and other developing countries.
The following reports highlight ExxonMobil’s 2007 worldwide contributions and community investments. Organizations in the United States that received grants of $5,000 or more are listed and our investments benefiting countries outside the United States are summarized. Contributions reflected in these reports were made by Exxon Mobil Corporation, its divisions and affiliates, and ExxonMobil Foundation.
