Baylor Receives $18,000 Grant From ExxonMobil

Oct. 26, 2000

by Alan Hunt

The Hankamer School of Business at Baylor University will receive $18,000 from ExxonMobil under the corporation's program to provide $1.9 million in grants to 105 colleges and universities nationwide.

ExxonMobil awards the grants to schools that offer degrees in educational fields from which the company recruits employees. Past grants have supported scholarships, field trips, visiting speakers, equipment purchases, student and faculty travel to professional meetings and other academic projects.

Dr. Terry S. Maness, dean of the business school and professor of finance, said, "The Hankamer School of Business has enjoyed a long and fruitful relationship with Exxon and Mobil and now we look forward to an even stronger relationship in the future with the new firm ExxonMobil. These two firms have provided outstanding career paths for our graduates and we are especially appreciative of the support and financial commitment they have made to Baylor."

Sharyl Hackett, ExxonMobil campus relations manager, said, "In addition to our general support of education, these grants are specifically directed to the university departments that are producing well-qualified graduates which ExxonMobil needs."

She said the amount of the grant is based on many factors, including the number of ExxonMobil employees from a particular school and ExxonMobil's recruiting success at the school over the past five years.

Hackett said the corporation's departmental grants program represents only a part of ExxonMobil's overall support of education, which last year totaled more than $40 million.

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