The Austin carpet cleaners of WOW Total Cleaning have received word that ExxonMobil, the University of Texas’ greatest corporate benefactor, has made a very large gift to the university today.
ExxonMobil donated $1,190,993.25 to the University of Texas via its matching gift program today. The company matches charitable donations made by its employees and retirees.
The donation is the largest matching gift the university has ever received and beats Exxon’s next highest match by more than $100,000. Over the past 36 years, the company has been UT’s biggest contributor, donating over $50.5 million dollars through various means.
The funds will help the school avoid further cuts and tuition increases down the line.