May 13, 2013
ConocoPhillips contributes $375,000 to provide ongoing support to Kansas State University programs
ConocoPhillips has made a gift of $375,000 to Kansas State University for the College of Engineering, College of Business Administration and a variety of programs across campus.
The gift will support departments and faculty fellowships in the two colleges, as well as student professional organizations and programs promoting diversity at the university, such as Project IMPACT's Summer Bridge Program.
Since 1945, ConocoPhillips and Kansas State University have shared a relationship that has resulted in student scholarships, research funding, faculty support and capital investments in classrooms and laboratories. Ongoing campus engagement between the university and ConocoPhillips' leaders is a strong indicator of the company's commitment to developing exceptional students who pursue careers in the energy industry and faculty research in sustainable energy resources.
"ConocoPhillips is extremely proud of the more than 75 K-State graduates who work in our company," said Diane Beatty, general manager of financial services for ConocoPhillips and executive liaison to the university. "These proud K-State alumni bring a wealth of knowledge and breadth of experience that continue to create a lasting impact on our businesses."
"K-State's partnership with ConocoPhillips has led to the development of some extraordinary young professionals, as well as fantastic resources for K-State students across campus," said Kirk Schulz, university president. "We are deeply grateful to ConocoPhillips for their generous support of our students, faculty and programs, and we look forward to continuing that relationship in the future as we pursue our goal of becoming a Top 50 public research university by 2025.
Philanthropic contributions to the university are coordinated by the Kansas State University Foundation. The foundation staff works with university partners to build lifelong relationships with alumni, friends, faculty, staff and students through involvement and investment in the university.
ConocoPhillips is the world's largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 30 countries, $57 billion in annualized revenue, $118 billion of total assets and approximately 17,100 employees as of March 31, 2013. Production from continuing operations averaged 1,555 MBOED for the three months ended March 31, 2013, and proved reserves were 8.6 billion BOE as of Dec. 31, 2012. For more information, go to http://www.conocophillips.com.