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GE, ExxonMobil foundations match employees' gifts to UI Foundation

Posted November 10, 2003

IOWA CITY -- Gifts made in 2002 to the University of Iowa Foundation by employees of General Electric and ExxonMobil have been matched by their corporations' charitable foundations, UI Foundation officials announced.

In a three-for-one match, the ExxonMobil Foundation, based in Irving, Texas, contributed $84,974, which included matching gifts for contributions from ExxonMobil retirees.

The GE Foundation of Fairfield, Conn., has contributed $19,675 to the UI Foundation in a dollar-for-dollar match of gifts made by GE employees.

The GE and ExxonMobil matching gifts are part of the UI's $850 million comprehensive campaign, which will run through 2005 and is being conducted under the guidance of the UI Foundation. Named Good. Better. Best. Iowa: The Campaign to Advance Our Great University, the seven-year effort is raising private funds to help launch a variety of initiatives across the University, substantially increase the number of UI scholarships and endowed faculty positions, support new educational and research facilities, build the UI's endowment and fund outreach and service programs to benefit Iowans.

The UI Foundation is acknowledged by the UI as a preferred channel for private contributions that benefit all areas of the university. For more information about the Good. Better. Best. Iowa campaign, visit its web site at www.GoodBetterBestIowa.org.

Contact Information

Erin Minne
Assistant Vice President, Corporate & Foundation Relations
(319) 335-3305 or (800) 648-6973

Additional information about ways to support University of Iowa colleges and programs also is available on this site.

 
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