General Electric Announces Philanthropic Efforts In Boston | Connecticut Public Radio

General Electric Announces Philanthropic Efforts In Boston

Apr 5, 2016
Originally published on April 4, 2016 6:38 pm

General Electric has committed to donating $50 million to Massachusetts philanthropy as the company prepares to move its corporate headquarters to Boston. 

The Boston Public Schools will be the biggest beneficiary, in line to receive $25 million for computer science courses and other career preparedness. Another $15 million will go to community health centers around greater Boston.  GE will reserve $10 million for workforce training programs in cities and towns outside the Boston metro area.  

Last week in Springfield, Governor Charlie Baker said he believed having GE headquartered in Boston would benefit the entire state.

" I think the possibilities of their impact spreading far beyond the greater Boston area are quite high, " said Baker.

  GE is getting $145 million in tax breaks and other incentives from the state and the city of Boston.

Copyright 2016 WAMC-FM. To see more, visit WAMC-FM.