Exxon Mobil Says It Focuses on Employee Hubs, Hometown for Charitable Giving.

Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

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COPYRIGHT 2001 The Dallas Morning News

Byline: Charlene Oldham

May 30--Exxon Mobil Corp. may be based in Irving, but the largest concentration of employees and retirees call Houston home.

So Houston-area charities get more of the international oil company's money than nonprofits in any other part of the world, according to Ed Ahnert, president of the Exxon Mobil Foundation.

"I think we have 13,000 employees," he said, "and we have a high population of retirees in Houston as well. There is no other community on the planet that has as many employees and retirees in it."

As a result, Exxon Mobil, which will hold its annual meeting Wednesday in Dallas, contributed $6.5 million of its $92 million charitable budget to organizations in the Houston area last year. But the oil company and other corporations can't -- and don't -- ignore their headquarters cities, experts say, even if only a handful of employees call it their hometown.

Indeed,...

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