Exxonmobil Foundation
- Assets
- $108.5m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 07/1957
- Data as of
- 12/2023
- EIN
- 13-6082357
Organization Overview
Exxonmobil Foundation is located in Spring, TX. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exxonmobil Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Exxonmobil Foundation generated $6.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (35.1%) each year. All expenses for the organization totaled $29.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Exxonmobil Foundation has awarded 251 individual grants totaling $131,285,505. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M M Furman Chairman & Trustee | 0 | $0 | |
Alvin V Abrahams Trustee & President | 0 | $0 | |
Lisa K Bork Secretary | 0 | $0 | |
K W Murphy President & Trustee | 0 | $0 | |
Belen Carreno Asst. Treasurer | 0 | $0 | |
J P Simon Asst. Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,039,856 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,039,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $296,511 |
| Contributions, gifts, grants paid | $29,623,472 |
| Total expenses and disbursements | $29,919,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,506,578 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $108,506,578 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $14,596,884 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,596,884 |
Grants Awarded
Over the last fiscal year, Exxonmobil Foundation has awarded $29,623,472 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
GIANT SABLE FUND PURPOSE: N A | $40,000 |
IWOKRAMA INTERNATIONAL CENTRE PURPOSE: N A | $2,000,000 |
SOCIETY OF WOMEN ENGINEERS PURPOSE: N A | $100,000 |
TEACH FOR ALL PURPOSE: N A | $150,000 |
LULAC NATIONAL EDUCATIONAL SERV PURPOSE: N A | $100,000 |
SOLAR SISTER INC PURPOSE: N A | $100,000 |