ExxonMobil Foundation overview
The ExxonMobil Foundation is the primary philanthropic arm of the Exxon Mobil Corporation in the United States. Founded in 1955 as Esso Education Foundation, the Foundation’s name was changed to ExxonMobil Foundation in 2000 following the merger of Exxon Corporation and Mobil Corporation.
Suzanne McCarron has served as President of the Foundation since May 2010. As president of the Foundation, Ms. McCarron is responsible for guiding all of the Foundation’s philanthropic activities, including its strategic focus on supporting key elements of the ExxonMobil Women’s Economic Opportunity Initiative, ExxonMobil Math and Science Initiative, and ExxonMobil Malaria Initiative.
In 2012, together with its employees and retirees, Exxon Mobil Corporation (NYSE:XOM), its divisions and affiliates, and ExxonMobil Foundation provided $256 million in contributions worldwide, of which $116 million was dedicated to education.