Interest from the contribution will go toward future projects and studies
GE Consumers & Industrial recently donated $500,000 to the National Association of Electrical Distributors (NAED) Education and Research Foundation. The company’s donation will become part of an endowment fund for the foundation, and the principal amount of the endowment will remain untouched while the interest will be used to commission future projects and research studies.
For its contribution, the company will be recognized at the regent level and have a permanent position on the Channel Advantage Partnership Council, which will help select future educational programs and research projects.