ExxonMobil Gives $190,000 Grant to The University of Texas at Austin

The University of Texas at Austin has received $190,000 from the Exxon Mobil Corporation to support its business, engineering, geosciences, law, natural sciences and LBJ School programs.

The 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.

Including this gift, ExxonMobil has contributed more than $40 million in total philanthropic support, making it the university's most generous corporate partner. The company has also invested nearly $14 million in sponsored research projects at the university.

Rex W. Tillerson, the company's chairman and chief executive officer, is a 1975 graduate of the university's Cockrell School of Engineering. ExxonMobil is headquartered in Irving, Texas and has operations in about 150 countries and territories.