Digging in the DC land records database late on a Friday afternoon (isn't that what everyone does to get ready for the weekend?), I see that the ExxonMobil Corporation deeded its land at South Capitol and I
in November to the ExxonMobil Foundation
. There's nothing stated in the deed about any planned uses for the land, except to spell out restrictions on future uses and requirements for cleanup since the site may have contaminated soil. As for the foundation itself, a little blurb
describes it as the "primary philanthropic arm of the Exxon Mobil Corporation in the United States. The Foundation and the Corporation engage in a range of philanthropic activities
that advance education, health and science in the communities where ExxonMobil has significant operations." Is this the prelude to selling the land (assessed at $16 million in 2008) and having the foundation get the proceeds? Or is something else afoot?