GlobalFoundries-Malta Group Grants Top $150,000
GlobalFoundries has awarded grants totaling more than $150,000 to the local community.
In a recent announcement at the David R. Meager Malta Community Center, the GlobalFoundries-Town of Malta Foundation awarded 24 grants totaling $154,200 for 2022.
It was the 12th year in a row that GF has awarded grants to local groups and organizations.
The grants support a variety of community needs and programs. Including the 2022 grants, the foundation, formed by GlobalFoundries and the town of Malta, has doled out more than $1.73 million to the Malta community since 2011.
In 2010, as part of the development of the Fab 8 semiconductor construction facility project, GlobalFoundries invested a total of $5 million to fund two stand-alone 501 (c)3 charitable foundations: the GF-Town of Malta Foundation and the GF-Town of Stillwater Foundation. Each foundation is managed by a separate, independent board of directors and uses income earned from investments to fund a wide variety of local community programs.
Each year, the GF-Town of Malta Foundation looks to fund projects that are creative, innovative, and inclusive in their scope to benefit the local Malta-area community.
Recipients for the 2022 grants include the Ballston Spa High School Parent Teacher Student Association (PTSA): $4,500; Ballston Spa High School: $4,000; the Ballston Spa Soccer Club: $1,000; Chango Elementary School: $3,500; the Community Foundation for the Greater Capital Region-Ballston Spa: $6,000; the Friends of Shenendehowa Crew Inc.: $3,000; the Malta Avenue Elementary School Parent Teacher Association (PTA): $3,500; the Malta Ridge Fire Company/Round Lake Fire Department/fire companies of Malta: $45,000; the Malta Senior Citizens Inc.: $7,500; the Malta Spotlighter’s Theatre Troupe: $5,200; the Malta Veterans Appreciation Program: $10,000; the Malta Youth Commission: $4,200.
Other recipients include Miss Scotties Softball Inc.: $2,500; Rebuilding Together Saratoga County: $10,000; the Round Lake Library: $1,200; the Roundabout Runners Club: $6,000; Rugrunners Robotics Inc.: $10,000; Saratoga Bridges: $10,000; the Saratoga Lake Protection and Improvement District: $3,000; the Saratoga Regional YMCA, Malta branch: $1,500; St. Peter Lutheran Church: $5,000; the town of Malta Parks, Recreation and Human Services-town of Malta Summer Concert Series: $3,600; the town of Malta Parks, Recreation and Human Services: $2,000; and the town of Malta Veterans Committee: $2,000.
