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Filing year 2024

GE Vernova Foundation I

Wilmington, Delaware·EIN 93-2481739·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$10.3M
Total assets
$12.5M
Total expenses
$2.8M
Reported officers
11

Reported officers (all unpaid)

No paid executives reported in 2024. GE Vernova Foundation I reported 11 unpaid officers and board members on its 990-PF.

Dir
Dir, Pres, Treas
Treas
Dir
Dir, Chair
Dir
Sec
VP
VP
Sec, VP
VP

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.6M

Itemized grants

77

Median grant

$4k

RecipientLocationPurposeAmount
CHARITIES AID FOUNDATION AMERICAALEXANDRIA, VARENEW Skills Program in Vietnam$400k
SKILLPOINTE FOUNDATION INCCHAMBLEE, GAGE Vernova Foundation Future of Energy SkillPointe Scholarship fund$285k
CHARITIES AID FOUNDATION AMERICAALEXANDRIA, VAGeneral & Unrestricted$265k
AMERICAN NATIONAL RED CROSSWASHINGTON, DCDisaster Response for Hurricane Helene$250k
CHARITIES AID FOUNDATION AMERICAALEXANDRIA, VAGeneral & Unrestricted$218k
INSTITUTE OF INTERNATIONAL EDUCATION INCNEW YORK, NYSTAR SCHOLARSHIP Program Administration$210k
COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE IMERRIFIELD, VADisaster Response for Storm Boris (Poland) and Typhoon Yagi (Vietnam)$200k
TEAM RUBICONLOS ANGELES, CADisaster Relief for Hurricane Milton$200k
COMMONWEALTH CORPORATION FOUNDATIONBOSTON, MASkills development$150k
CHARITIES AID FOUNDATION AMERICAALEXANDRIA, VASpanish Red Cross for Disaster Relief for Communities Impacted by the Spanish Floods$100k
ASSIST INTERNATIONAL INCRIPON, CAPlanning funds for Programming in Non-U.S. Countries$98k
CHARITIES AID FOUNDATION AMERICAALEXANDRIA, VAGeneral & Unrestricted$12k
ATLANTA MISSION SUPPORT CORPORATIONATLANTA, GAGeneral & Unrestricted$6k
Agrawal PBotchell, WAScholarship Grant$4k
Ali MSpring, TXScholarship Grant$4k
Arnett MGreenville, SCScholarship Grant$4k
Badadha S VTamilnadu, INScholarship Grant$4k
Bailey KNovi, MIScholarship Grant$4k
Di ECorvallis, ORScholarship Grant$4k
Faikar M RJawa Tengah, IDScholarship Grant$4k
Garbrecht CWarren, CTScholarship Grant$4k
Garcia ESimpsonville, SCScholarship Grant$4k
Gerstler KNiskayuna, NYScholarship Grant$4k
Gower JFort Mill, SCScholarship Grant$4k
Grove CStaffordshire, UKScholarship Grant$4k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

GE Vernova Foundation I reported revenue and expenses across 2 filing years.

RevenueExpenses
$5M
2023
$10.3M
$2.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Delaware

GE Vernova Foundation I reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Delaware earns a median of $18,000.

25th percentile
$6k
Median
$18,000
75th percentile
$58k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 447 organizations across 447 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Delaware
FAQ

Common questions about GE Vernova Foundation I

What are GE Vernova Foundation I's revenue and expenses?

In 2024, GE Vernova Foundation I reported $10.3M in total revenue and $2.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.