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
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
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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
No grants recorded for .
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 ...Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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