2025-11-17T10:28:33-06:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 932481739 GE Vernova Foundation I % Foundation Source GEVE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 JENNIFER EDWARDS VICE PRESIDENT 8008391754 2025-11-14 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 12530589 X 10000000 319246 319246 0 10319246 319246 0 151907 151907 2100 56316 1067 55249 210323 1067 207156 2578334 2578334 2788657 1067 2785490 7530589 318179 0 5000000 12530589 12530589 5000000 12530589 12530589 0 0 X 5000000 12530589 5000000 12530589 5000000 12530589 5000000 7530589 12530589 12530589 4423 4423 4423 2100 0 2500 4600 X 0 177 177 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false true true false false false false false false false false false false true false false false false false false false Steven Baert Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Kristin Carvell Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Treas 1.0 0 0 0 Tran Che Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 David Cook Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Jennifer Edwards Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec, VP 1.0 0 0 0 Lisa Feliciano Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 0 0 0 Rachel Gonzalez Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Reggie Miller Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Kenneth Parks Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Chair 1.0 0 0 0 Ramesh Singaram Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Astrid Tsang Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 CyberGrants LLC 300 Brickstone Square 601 Andover MA 01810 Philanthropic 120003 0 8909801 0 8909801 0 8909801 133647 8776154 438808 438808 4423 4423 434385 434385 434385 2785490 0 0 0 0 2785490 434385 9333 2785490 9333 434385 2341772 2341772 0 2341772 2341772 NONE X ABCH FOUNDATION PO BOX 362084 BIRMINGHAM AL 35236 N/A SO I General & Unrestricted 2329 AMERICAN NATIONAL RED CROSS 431 18TH ST NW WASHINGTON DC 20006 N/A PC Disaster Response for Hurricane Helene 250000 ASSIST INTERNATIONAL INC 800 S STOCKTON AVE RIPON CA 95366 N/A PC Planning funds for Programming in Non-U.S. Countries 97500 ATLANTA MISSION SUPPORT CORPORATION 2353 BOLTON RD NW ATLANTA GA 30318 N/A SO I General & Unrestricted 6307 BUTLER ELEMENTARY SCHOOL PARENT-TEACHER ORGANIZATI 200 BRITTANY DR CHALFONT PA 18914 N/A SO I General & Unrestricted 29 CENTRAL MICHIGAN UNIVERSITY FOUNDATION 524 E BELLOWS ST MT PLEASANT MI 48858 N/A SO II General & Unrestricted 728 CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LN STE 375 ALEXANDRIA VA 22314 N/A PC General & Unrestricted 12229 CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LN STE 375 ALEXANDRIA VA 22314 N/A PC RENEW Skills Program in Vietnam 400000 CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LN STE 375 ALEXANDRIA VA 22314 N/A PC General & Unrestricted 217530 CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LN STE 375 ALEXANDRIA VA 22314 N/A PC General & Unrestricted 265109 CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LN STE 375 ALEXANDRIA VA 22314 N/A PC Spanish Red Cross for Disaster Relief for Communities Impacted by the Spanish Floods 100000 CHARITIES AID FOUNDATION CANADA 401 BAY ST SUITE 1600 TORONTO ONTARIO CA M4H 2Y4 N/A PC General & Unrestricted 2377 CHILDRENS HEALTHCARE OF ATLANTA FOUNDATION 1575 NORTHEAST EXPY ATLANTA GA 30329 N/A PC General & Unrestricted 97 COMMONWEALTH CORPORATION FOUNDATION 33 HARRISON AVE 3RD FL BOSTON MA 02111 N/A PC Skills development 150000 COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE I PO BOX 1870 MERRIFIELD VA 22116 N/A PC Disaster Response for Storm Boris (Poland) and Typhoon Yagi (Vietnam) 200000 DANA-FARBER CANCER CARE NETWORK INC 450 BROOKLINE AVE BP418 BOSTON MA 02215 N/A PC General & Unrestricted 97 EASTERN MAINE HEALTHCARE SYSTEMS 43 WHITING HILL RD BREWER ME 04412 N/A PC General & Unrestricted 24 FOS FEMINISTA 125 MAIDEN LANE 9TH FL NEW YORK NY 10038 N/A PC General & Unrestricted 24 MERCY SHIPS FOUNDATION PO BOX 1298 LINDALE TX 75771 N/A SO I General & Unrestricted 243 SARATOGA CARE INC 211 CHURCH ST SARATOGA SPGS NY 12866 N/A SO II General & Unrestricted 53 SKILLPOINTE FOUNDATION INC 5256 PEACHTREE RD STE 130 CHAMBLEE GA 30341 N/A PC GE Vernova Foundation Future of Energy SkillPointe Scholarship fund 285000 SOUTH CAROLINA SOCIETY FOR THE PREVENTION OF CRUEL 305 AIRPORT RD GREENVILLE SC 29607 N/A PC General & Unrestricted 485 ST AGNES ACADEMY FOUNDATION INC 9000 BELLAIRE BLVD HOUSTON TX 77036 N/A SO I General & Unrestricted 243 STAND UP TO CANCER PO BOX 843721 LOS ANGELES CA 90084 N/A SO I General & Unrestricted 243 STRAKE JESUIT FOUNDATION 8900 BELLAIRE BLVD HOUSTON TX 77036 N/A SO I General & Unrestricted 485 TEAM RUBICON 5230 PACIFIC CONCOURSE DR STE 200 LOS ANGELES CA 90045 N/A PC Disaster Relief for Hurricane Milton 200000 THE LEUKEMIA AND LYMPHOMA SOCIETY 3877 7TH ST PHOENIX AZ 85014 N/A PC General & Unrestricted 116 UNIVERSITY OF NOTRE DAME DU LAC 511 MAIN BLDG NOTRE DAME IN 46556 N/A PC General & Unrestricted 485 WABE FOUNDATION INC 740 BISMARK RD NE ATLANTA GA 30324 N/A SO I General & Unrestricted 116 WALTON HIGH SCHOOL FOUNDATION INC 1590 BILL MURDOCK RD MARIETTA GA 30062 N/A SO I General & Unrestricted 485 Agrawal P 19105 N Creek Parkway S Ste 300 Botchell WA 98011 NONE I Scholarship Grant 4000 Ali M 18002 Lovett Ln Spring TX 77379 none I Scholarship Grant 4000 Arnett M 300 Garlington Rd Greenville SC 29615 none I Scholarship Grant 4000 Badadha S V NO 46 Sipcot Industrial Complex Hosur Tamilnadu IN 635125 none I Scholarship Grant 4000 Bailey K 22197 Hazelton Court Novi MI 48374 none I Scholarship Grant 4000 Di E 2167 NW Fritz Place Corvallis OR 97330 NONE I Scholarship Grant 4000 Faikar M R Jl Rivera R5/29 Candi Golf Jangli Semarange Jawa Tengah ID 50274 NONE I Scholarship Grant 4000 Garbrecht C 7 Partridge Road Warren CT 06754 NONE I Scholarship Grant 4000 Garcia E 106 Red Branch Ln Simpsonville SC 29681 NONE I Scholarship Grant 4000 Gerstler K 1 Research Circle Niskayuna NY 12309 NONE I Scholarship Grant 4000 Gower J 4024 Bamborough Dr Fort Mill SC 29715 NONE I Scholarship Grant 4000 Grove C St Leonards Building Harry Kerr Dr Stafford Staffordshire UK ST16 1WT NONE I Scholarship Grant 4000 Grove L St Leonards Building Harry Kerr Dr Stafford Staffordshire UK ST16 1WT NONE I Scholarship Grant 4000 Harshbarger L 13622 Kluge Corner Ln Cypress TX 77429 NONE I Scholarship Grant 4000 Holt I 1 River Rd 40-501X Schenectady NY 12345 NONE I Scholarship Grant 1500 Hoyt V 300 Garlington Rd GTTC Greenville SC 29615 NONE I Scholarship Grant 4000 James N 3005 WingPointe Pl Wilmington NC 284092054 NONE I Scholarship Grant 4000 Jarvis J 300 Garlington Rd Greenville SC 29680 NONE I Scholarship Grant 4000 Jastrzembski R 4200 Wildwood Parkway Atlanta GA 303398402 NONE I Scholarship Grant 4000 Jones Z 11330 Clay Rd Houston TX 77041 NONE I Scholarship Grant 4000 Koller S 579 Rickard Hill Road Schoharie NY 12157 NONE I Scholarship Grant 4000 Langford H 245 Hammersmith Road London UK W6 8DW NONE I Scholarship Grant 4000 Low E V NU Sentral Jalan Tun Sambanthan Kuala Lumpur Sent MY 50470 NONE I Scholarship Grant 1500 Lowys M 3760 Rue Oslo Brossard Quebec CA J4Y 2V2 NONE I Scholarship Grant 4000 Luebbers S 4507 Legion Hall road Dunlap IL 61525 NONE I Scholarship Grant 4000 Ma J 11330 Clay Rd Houston TX 77041 NONE I Scholarship Grant 4000 Martin J Middle Ash Trump Lane Much Birch Hereford Herefordshire UK HR2 8HP NONE I Scholarship Grant 4000 Mathew L 11534 Westmoor Drive Richmond TX 77407 NONE I Scholarship Grant 4000 McGovern M 300 Garlington Rd Greenville SC 29615 NONE I Scholarship Grant 4000 Moskal K 96 Middlebrook Road West Hartford CT 06119 NONE I Scholarship Grant 4000 Nagypal R Kisret u 1 Veresegyhaz Pest HU 2112 NONE I Scholarship Grant 4000 Nair A Tatweer Tower King Fahd Road Riyadh Al Mohamadiah Nei SA 11573 NONE I Scholarship Grant 4000 Ochoa A 2 Red Fox Run Pittsford NY 14534 NONE I Scholarship Grant 4000 Parkhi A 851 Genevieve Pl Pleasanton CA 94566 NONE I Scholarship Grant 4000 Rayen F I Building 15 DIC Dubai AE 48957 NONE I Scholarship Grant 4000 Rehman A 21 Granite Ridge Trail Hamilton Ontario CA L8B 1Y4 NONE I Scholarship Grant 4000 Schaker L 32 Fairlawn Street North Grafton MA 01536 NONE I Scholarship Grant 4000 Scholte-Wassink E Holsterfeld 16 Salzbergen Lower Saxonie GM 48499 NONE I Scholarship Grant 1500 Seidel E 404 Union Blvd Allentown PA 18109 NONE I Scholarship Grant 4000 Shah R 1990 W Nasa Blvd Melbourne FL 32904 NONE I Scholarship Grant 4000 Shirback A 4 Denison Rd Schenectady NY 12309 NONE I Scholarship Grant 4000 Skurpski E 4300 Fitzpatrick Way Peachtree Corners GA 30092 NONE I Scholarship Grant 4000 Spade D 1 River Road Building 40-2 Schenectady NY 12345 NONE I Scholarship Grant 4000 Truitt M 5 Sheffield Dr Clifton Park NY 12065 NONE I Scholarship Grant 4000 White E 3901 Castle Hayne Rd Wilmington NC 28401 NONE I Scholarship Grant 4000 Xiao Y X 650 Markland Street Markham Ontario CA L6C 0M1 NONE I Scholarship Grant 4000 INSTITUTE OF INTERNATIONAL EDUCATION INC ONE WORLD TRADE CENTER 36TH FL NEW YORK NY 10007 N/A PC STAR SCHOLARSHIP Program Administration 209500 2578334 14 319246 319246 319246 false false false false false false false false false false X X 1 GE VERNOVA INC 58 Charles Street Cambridge MA 02141 10000000 X As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,578,334. This amount represents 25% or more of the Foundation's net assets of $5,000,000 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 34764 34764 Administrative Set-Up Fee 8900 8900 Bank Charges 1067 1067 Delaware Incorporation Fees 500 500 Foundation Dues & Memberships 10000 10000 IRS Application Fees 600 600 PROCESSING FEES 385 385 State or Local Filing Fees 100 100 Administration of Foundation 31904 31904 Philanthropic Consulting Srvcs 120003 120003 We respectfully request that GE Vernova Foundation I's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $60 penalty indicated on Form 2220 be abated because the underpayment in Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payment for Q3 and Q4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed. 990-PF Estimated Tax for 2024 2100