General Electric, or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York, and headquartered in Fairfield, Connecticut, in the United States. The company operates through the following segments: Energy, Technology Infrastructure, Capital Finance as well as Consumer and Industrial.
In 2011, GE ranked among the Fortune 500 as the 26th-largest firm in the U.S. by gross revenue, as well as the 14th most profitable. However, the company is listed the fourth-largest in the world among the Forbes Global 2000, further metrics being taken into account. Other rankings for 2011/2012 include No. 7 company for leaders (Fortune), No. 5 best global brand (Interbrand), No. 63 green company (Newsweek), No. 15 most admired company (Fortune), and No. 19 most innovative company (Fast Company).
GE matches donations from employees and retirees (including surviving spouses of eligible GE retirees) to most US and UK based nonprofits including:- Educational institutions, Health and human services, Arts and cultural organizations, Civic and community organizations, Environmental organizations, and Almost all other 501(c)(3) organizations.
GE selects health center partners in underserved communities across the U.S., beginning in areas with significant GE populations. Then, a formal selection and interview process is used to review potential health centers based on variables and criteria that include, but are not limited to, need, community impact, leadership, willingness to partner with GE, transparency and accountability. The GE Foundation does not accept unsolicited requests for support. Because GE is a medical device manufacturer, do not partner with health centers owned by hospitals or hospital systems. This minimizes the potential for any conflict of interest with either GE Healthcare customers or prospective customers.
Geneal Electric Donates Under 501C3. GE Foundation grants fund programs to drive ACCESS to primary care. As part of the program, GE Foundation grants funding to health centers to increase access to primary care. Specific programs are identified through a collaborative dialogue between the health center leadership and community stakeholders. Grant programs cover a wide range of areas including, but not limited to, increasing care capacity, improving the quality of clinical care, augmenting existing care areas such as dental or behavioral care.
The volunteer aspect of this program is led locally by GE’s Affinity Networks and employee groups, including the African American Forum, Asian Pacific American Forum, Hispanic Forum, GLBTA, Veterans Network and Women’s Network. The local team partners with the selected health centers to identify opportunities for skills-based volunteering that will leave a lasting and meaningful impact on the community. Projects span a number of areas including process improvement, increasing operational efficiency, marketing outreach, and enhancing the client experience.
One of the things that makes Developing Health U.S. stand apart is the GE employee volunteers who accompany the GE Foundation grant. Because this program was launched in partnership with GE’s Diversity Leadership Council, GE’s Affinity Networks take a leadership role in partnering with the grantee nonprofit health centers and offering volunteer support and skills-based volunteerism to help the clinics increase access to primary care for underserved communities.
Through GE’s Asian Pacific American Forum, Women’s Network, Hispanic Forum and African American Forum, employees have helped health centers with Six Sigma projects, leadership development, financial systems, marketing and even succession planning. In each situation, the employees and the cemters design projects together, define success metrics and then fully implement their plans. Community health centers have told us repeatedly that while the grant itself is important, the partnership with GE employees on these meaningful projects goes even further than the funds and often results in more meaningful outcomes.
The GE Foundation launched the Developing Futures in Education program to support education reform efforts in seven urban school districts: Louisville, KY; Cincinnati, OH; Stamford, CT; Erie, PA; Atlanta, GA; New York City, NY; and Milwaukee, WI. Each of these cities is home to a significant GE business. Since its onset in 2005, the Developing Futures program has invested more than $200 million in these seven school districts.
Atlanta Public Schools (APS) was awarded a GE Foundation education grant in 2007. The grant supports efforts to improve student math and science achievement; close achievement gaps; encourage students to pursue higher education; and increase collaboration between the school district and community. Support from the GE Foundation led to the creation of a remediation program for struggling students. As the district transforms, its focus has shifted to strengthening teaching and learning, implementing the Common Core State Standards (CCSS) and participating in Georgia’s Race to the Top grant work. The GE Foundation is poised to help propel APS forward as it improves teacher capacity in math and science and implements the CCSS. Here it serves 51,283 students 3,300 teachers 103 schools with over $22 million over five years.
General Electric serves under section 501(c)(3) in whole America with money and service. General Electric gift matching program under 501c3 serves the humanity.
