GE Presents $1 Million to Better Together Cincinnati
GE awarded a $1 million grant to Better Together Cincinnati, a coalition created to strengthen inclusion in Greater Cincinnati.
Jeff Immelt, GE Chairman and CEO, presented the grant in a celebration at the National Underground Railroad Freedom Center with more than 300 local community and business leaders, educators, students and legislators in attendance. Immelt is a Cincinnati native.
The community celebration was held in conjunction with the 2005 GE Annual Shareowners Meeting, which was held April 27 at the Aronoff Center. NBC personality Al Roker was host and forecasted weather nationally on the NBC-Universal Today show live from the Freedom Center before the program.
GE's $1 million grant is a combined gift from GE - Aviation, headquartered in Evendale; GE Consumer Finance, with operations in Kettering; and the GE Foundation, GE's philanthropic arm. The grant will focus on educational achievement, economic inclusion and police/community relations.
"This is a terrific city, and GE is proud to be a member of the community," Immelt said. "Greater Cincinnati has world-class universities, companies, sports teams and cultural institutions. And this is a city that works for positive change. We're honored to play a role in that."
Immelt also announced a gift of GE lights to improve residential areas around Music Hall in the downtown neighborhood of Over-the-Rhine. That contribution is in support of the Cincinnati Center City Development Corporation, 3CDC, which was created to increase the effectiveness and efficiency of inner-city development.
Better Together Cincinnati is a collaborative that includes 17 local businesses and foundations. It was created to address top-priority initiatives of the Collaborative Agreement and Cincinnati Community Action Now (CAN), a civic coalition appointed by Mayor Luken after racial violence in April 2001.
Ross Love, a Cincinnati CAN leader and CEO of Blue Chip Enterprises who is now a Better Together Cincinnati funder, accepted GE's gift. "Thanks to the generosity of General Electric, we've now achieved approximately $7 million in support of our five-year effort to respond to some of the region's most challenging issues. This is great news for our city."
After the presentation, Mayor Luken gave Immelt a key to the city and proclaimed GE Day in Cincinnati. Students from Cincinnati's School for Creative and performing Arts provided entertainment.