GlobalFoundries – Stillwater Foundation Accepting Grant Applications
The GlobalFoundries-Stillwater foundation is now accepting grant applications for local organizations, the semiconductor manufacturer recently announced.
The GlobalFoundries-Town of Stillwater Foundation will be collecting submissions for 2023 public grants available for community organizations that seek to provide educational opportunities and positive change to the health, safety, and welfare of local residents. Since 2013, the foundation has invested more than $500,000 in Stillwater community organizations.
The foundation’s mission is to provide assistance to diverse groups within the town of Stillwater, including nonprofit corporations; charitable organizations; community arts and theater; community historical sites and events; education; and sports and recreation.
GF–Town of Stillwater Foundation grant applications are available at various town locations. Printed copies may be obtained from Stillwater Town Hall, the superintendent’s office at Stillwater central schools, and the Stillwater Free Library. The application may be downloaded in PDF format from the town of Stillwater website at https://www.stillwaterny.org. The deadline to submit an application is March 15, 2023.
Thus far, GlobalFoundries, in tandem with the construction of the Fab 8 silicon-chip production facility, has contributed $5 million toward two 501 (c)3 charitable foundations: the GF-Town of Stillwater Foundation and the GF-Town of Malta Foundation. The first installment of $1 million was used to build a new recreational sports field complex in the Luther Forest Technology Campus and to make improvements to the Round Lake baseball fields.
In addition to its Malta location, GlobalFoundries has plants in Burlington, Vt.; Dresden, Germany; and Singapore. Earlier this month, GF completed the sale of its East Fishkill fabrication facility to the ON Semiconductor Corp. (onsemi).
The company manufactures integrated circuits on wafers designed for markets such as mobility, automotive, computing and wired connectivity, consumer internet of things (IoT), and other industrial applications. It produces chips for more than 7% of the $86 billion semiconductor manufacturing services industry.
