The University of Texas newsletter this morning noted that, for the first time ever, matching gifts from Exxon/Mobil Corporation exceeded One Million dollars for the year. They had come close for the past several years, but this is the first year they have exceeded the one million mark.
Big bad Exxon is one of the few corporations that has offers a three-for-one matching program. Many major corporations offer some support for their employees charitable contributions, but most companies who have a matching gift program at all, offer a one-for-one program.
Amazed as I was with the three-for-one figure, I almost missed the fact that this means that, out of all their charitable contributions, Exxon/Mobil employees chose to support UT Austin to the tune of over a third of a million dollars. That is huge!
This is particularly significant to me because several years ago Honey and I, with help from her friends and family, established a Friends of Alec scholarship at UT in memory of our daughter. We would never have reached our goal without the one-for-one matching gift program at my employer, Ikon Office Solutions, or the generous contributions of my sister and brother-in-law, Karen and David Danburg.
It is a comfort, and a matter of pride, to know that there will be UT engineering students supported by the Shanna Leigh Couch Memorial Scholarship for as long as the Texas sunsets are burnt orange.
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