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Being a good citizen has always been an important part of our corporate history and how we run your company. Today, citizenship means environmental compliance, leadership in corporate governance, the very highest of ethical standards and strong community engagement. GE has a long and proud history of supporting the communities where we live and work, and education remains at the forefront of GE’s philanthropic and volunteer efforts. In 2003, through the combined efforts of the GE Foundation, GE businesses and generous donations from employees and retirees, the GE family contributed $140 million and one million hours of volunteer time to support the important work of thousands of community organizations.
There are some areas of the world, however, where even the most basic needs remain unmet. GE has been particularly touched by the plight of many people in Africa who do not have access to modern healthcare, sufficient power, or even clean water. By tapping our diverse portfolio, we have found a small way to make a difference. Over the next five years, GE Energy, GE Healthcare and GE Infrastructure will donate X-ray machines, patient monitors, power generators and water purification systems worth approximately $20 million to local hospitals. The project will touch the lives of thousands of people in Ghana and then expand to other African hospitals in 2005. We’re proud, and humbled, to know that the very best of our resources can help improve the lives of those in need around the globe.
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