GE Aerospace on May 2 announced the launch of the GE Aerospace Foundation, an initiative the company said will focus on workforce development, disaster relief, and amplifying the efforts of GE Aerospace employees.
“The responsibility to support and strengthen the communities where we live and work is one that GE Aerospace takes seriously,” said GE Aerospace chairman and CEO H. Lawrence Culp, Jr. “The launch of the GE Aerospace Foundation will help transform local communities and develop a stronger workforce for the future by leveraging our unique expertise as a global leading aerospace company. We are proud to carry on a 100-year legacy of positive impact, and I look forward to seeing the GE Aerospace Foundation continue to make a difference for many years to come.”
The program will have $22 million in new programming, set to run through 2030, and will focus on several core areas: STEM education, workforce development, and humanitarian and disaster relief efforts. The foundation said it will also continue its “Matching Gifts” program to bolster personal philanthropic efforts by employees.
GE Aerospace was launched as an independent public company on April 2, 2024.