GE Pledges $5 Million to Japan Tsunami and Quake Relief

#GE donates $5 Million to Japan #Tsunami and Quake Relief http://3bl.me/pwfvtw

Summary

GE has revealed a $5 million donation to help ease the suffering and aid recovery in Japan, in the form of cash, equipment and services
GE is working alongside the local and national governments to assist with healthcare, energy, and water service, in order to support the resurgence development
In 2010 alone, GE organizations and stakeholders, including employees and retirees contributed more than an estimated $225 million to community and educational programs, together with more than $100 million from the GE Foundation

Thursday, March 17, 2011 - 11:15am

CONTENT: Press Release

(3BL Media / theCSRfeed) Tokyo, Japan - March 14, 2011 - In response to the recent disaster in Japan, GE announced a company-wide commitment of $5 million (approximately 4.1 billion JPY) in cash, equipment and services toward relief in the coming weeks and months. GE expresses its deepest sympathy to all who have been affected and maintains its commitment to assisting those in need.

GE plans to provide cash as well as equipment and services related to areas including energy, water and healthcare. The Company is currently working with national and impacted local governments, healthcare facilities and disaster relief organizations to determine what specific additional GE support can be provided to best complement Japan's response capacity over the coming months.

In addition to this commitment, the GE Foundation— the philanthropic organization of GE— is supporting the charitable efforts of GE employees and retirees with a 100% match of funds to qualified relief organizations.

About the GE Foundation

The GE Foundation, the philanthropic organization of the General Electric Company, works to solve some of the world’s most difficult problems. In coordination with its partners, it supports U.S. and international education, developing health globally, the environment, public policy, human rights and disaster relief. In addition, the GE Foundation supports GE employee and retiree giving and involvement in GE communities around the world. In 2010, the entire GE family — including businesses, employees, retirees and GE Foundation — contributed more than an estimated $225 million to community and educational programs, including more than $100 million from GE Foundation. For more information, visit www.gefoundation.com.

About GE

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.

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