Ge Aerospace Foundation
The GE Aerospace Foundation is an independent charitable organization funded by GE Aerospace, headquartered in Norwalk, Connecticut. Launched in May 2024, the Foundation builds on the legacy of the previous GE Foundation, which traced its origins to a trust established in 1952. The Foundation operates as a corporate foundation with a global reach, focusing on communities where GE Aerospace employees live and work.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.5M
+29.9% YoY
Annual Giving
$15.3M
+252.6% YoY
Grant Count
2,467
-7.6% YoY
Avg Grant Size
$6K
+281.4% YoY
Under IRS private-foundation payout rules, Ge Aerospace Foundation reported a distributable amount of $712K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation's mission centers on the company's purpose to "lift people up" in communities worldwide. The Foundation's philanthropic strategy focuses on three core strategic pillars:
- Engineering Education & STEM Development — Cultivating a robust and diverse workforce in manufacturing and engineering industries, with particular emphasis on the Next Engineers program
- Workforce Development & Training — Investing in skills programs and workforce development initiatives to strengthen future employment pipelines
- Disaster Relief & Humanitarian Aid — Supporting disaster preparedness and humanitarian response efforts globally
The Foundation also amplifies employee engagement and volunteerism across its giving initiatives.
Grantmaking
The Foundation does not accept unsolicited proposals and operates through an invitation-only model. General inquiries can be directed to philanthropy.inquiries@geaerospace.com.
Grant Range
& Activity:**
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Foundation operates globally with concentrations in GE Aerospace employee communities. Historical grantmaking has been concentrated in Ohio, New York, and Massachusetts, with reach across 53 states and international locations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023-2024):
- Total Assets: $17.3–$22.5 million (variation reflects different reporting periods)
- Total Revenue (2023): $16.7 million
- Total Expenses (2023): $5.98 million
- Total Liabilities (2023): $5.1 million
2024 Family Giving:
- Total family giving: $21.5 million
- Foundation contributions: $10.6 million
- Company contributions: $4.9 million
- Employee/retiree giving: $5.8 million
2025 Giving Summary:
- $22.5 million in GE Aerospace family giving
- $30 million+ committed to multi-year workforce skills program
- $1 million+ donated to local partners supporting veteran causes
- $2 million donated toward disaster preparedness
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,527,884 | $17,339,609 | $3,079,696 |
| Revenue | $12,778,776 | $16,717,913 | $35,323,009 |
| Expenses | $13,756,805 | $5,981,110 | $37,024,695 |
| Qualifying Distributions | $15,880,542 | $5,438,388 | $36,215,383 |
| Net Investment Income | $578,776 | $212,154 | $122,374 |
| Distributable Amount | $711,579 | $269,481 | $315,388 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Airlink Inc ($1,013,919), A Childs Hope International Inc ($7,305), 826dc Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 350 ORG BROOKLYN, NY | MATCHING GIFT | $100 |
| 4 PAWS FOR ABILITY INC XENIA, OH | MATCHING GIFT | $130 |
| 40 DAYS FOR LIFE BRYAN, TX | MATCHING GIFT | $150 |
| 4C FOR CHILDREN CINCINNATI, OH | MATCHING GIFT | $25 |
| 4TOM | MATCHING GIFT | $97 |
| 80-20 EDUCATIONAL FOUNDATION ST PETERSBURG, FL | MATCHING GIFT | $2,000 |
| 826DC INC WASHINGTON, DC | MATCHING GIFT | $5,000 |
| 86 MINISTRIES CINCINNATI, OH | MATCHING GIFT | $238 |
| 86237 FAIRFIELD COUNTY USBC NEWTOWN, CT | MATCHING GIFT | $2,500 |
| A CHILDS HOPE INTERNATIONAL INC CINCINNATI, OH | MATCHING GIFT | $7,305 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Meg Thurlow (also referenced as Meghan Thurlow)
- Chairman: Christian Meisner
- Secretary: Kathleen Mayglothling
- Treasurer: Jen Bessler
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MEG THURLOW | PRESIDENT | 1 | — |
| CHRISTIAN MEISNER | CHAIRMAN | 1 | — |
| KATHLEEN MAYGLOTHLING | SECRETARY | 1 | — |
| JEN BESSLER | TREASURER | 1 | — |
| ASHA BELARSKI | BOARD MEMBER | 1 | — |
| TARA DIJULIO | BOARD MEMBER | 1 | — |
| RAHUL GHAI | BOARD MEMBER | 1 | — |
| GERMAINE HUNTER | BOARD MEMBER | 1 | — |
| BRIDGET MCGRAW | BOARD MEMBER | 1 | — |
| JAKE PHILLIPS | BOARD MEMBER | 1 | — |
| RICCARDO PROCACCI | BOARD MEMBER | 1 | — |
| DEB SILVERMAN | BOARD MEMBER | 1 | — |
| JACEY WELSH | BOARD MEMBER | 1 | — |
Recent News & Activity
Recent developments and announcements
**May 2024 Launch:**
GE Aerospace officially launched the GE Aerospace Foundation in May 2024, marking the transition from the previous GE Foundation. The launch announcement emphasized the Foundation's commitment to workforce development, disaster relief, and amplifying employee engagement.
GE Aerospace & Foundation Award $2.3M to Build Skilled ...**2025 Impact Metrics:**
50,000+ volunteer hours contributed by GE Aerospace employees
30,000+ STEM students reached globally
$30 million committed to create a multi-year workforce skills program with initial program locations to be announced in 2026
**Workforce Development Initiative:**
The Foundation launched a multi-year, $30 million workforce program addressing urgent skills gaps in manufacturing and engineering sectors, with expanded focus on building a diverse and robust workforce pipeline.
GE Aerospace Foundation Launches Multi-Year, $30M ...Frequently Asked Questions
What does Ge Aerospace Foundation fund?
The Foundation's mission centers on the company's purpose to "lift people up" in communities worldwide. The Foundation's philanthropic strategy focuses on three core strategic pillars: • **Engineering Education & STEM Development** — Cultivating a robust and diverse workforce in manufacturing and engineering industries, with particular emphasis on the Next Engineers program • **Workforce Development & Training** — Investing in skills programs and workforce development initiatives to strengthen …
How do I apply for a grant from Ge Aerospace Foundation?
**Grant Range & Activity:** • Grant sizes range from $25 to $1,000,000+, varying by program • Employee matching gifts typically range from $25–$5,000 • Strategic grants range from $50,000–$1,000,000+ • Recent grants include $517,592 to the American National Red Cross, $378,690 to the Bridge to Turkiye Fund, and $56,326 to ArtsWave (all matching gifts in 2023) **Application Process:** The Foundation does not accept unsolicited proposals and operates through an invitation-only model. General inqu…
Where does Ge Aerospace Foundation make grants?
The Foundation operates globally with concentrations in GE Aerospace employee communities. Historical grantmaking has been concentrated in Ohio, New York, and Massachusetts, with reach across 53 states and international locations.
What size grants does Ge Aerospace Foundation award?
In 2024, Ge Aerospace Foundation awarded 2,467 grants totaling $15.3M — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Ge Aerospace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ge Aerospace Foundation reported a distributable amount of $712K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ge Aerospace Foundation's EIN?
Ge Aerospace Foundation's EIN (Employer Identification Number) is 22-2621967. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ge Aerospace Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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