GE Aerospace Launches GE Aerospace Foundation to “Lift People Up”
GE Aerospace has unveiled the GE Aerospace Foundation, marking a new era building upon the century-old legacy of the previous GE Foundation. The foundation’s philanthropic initiatives align with the company’s purpose to “lift people” in GE Aerospace communities, focusing on workforce development, disaster relief, and amplifying employee efforts.
In South Asia, the GE Aerospace Foundation will collaborate with local partners to provide disaster relief, education, and healthcare for underprivileged communities. Over the past decade, South Asia has received a total of US $1.2 million in foundation-related giving, benefiting communities in Bangalore, Pune, and other areas.
Lawrence Culp, Jr., Chairman, and CEO of GE Aerospace, emphasised the company’s commitment to support and strengthen local communities. The launch of the GE Aerospace Foundation aims to transform communities and cultivate a stronger future workforce leveraging the company’s aerospace expertise.
The foundation’s programs, representing over $22 million in new programming through 2030, will focus on three core areas: cultivating a diverse workforce, investing in humanitarian and community programs, and enhancing employee engagement worldwide.
Meghan Thurlow, President of GE Aerospace Foundation, expressed pride in overseeing the next chapter of philanthropic support, emphasising a focus on workforce development, disaster relief, and amplifying employee giving. The foundation looks forward to expanding its global impact and advancing the development of a skilled industry.
The GE Aerospace Foundation has allocated $20 million through 2030 to expand Next Engineers, a global program aimed at increasing the diversity of young workers in engineering. The successful Cincinnati program will be extended through 2028, with plans to expand to four additional cities, including Warsaw, Poland.
To address the growing demands in the aviation and manufacturing workforce, the GE Aerospace Foundation will contribute $2 million to support workforce development programs in regions where the company operates.