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GlobalFoundries–Town of Stillwater Foundation Accepting Applications for 2022 Grants



The Foundation has invested more than $480,000 in the Stillwater community since 2011

Deadline for grant applications is March 15th, 2022

Malta, NY, Feb. 15, 2022 – GlobalFoundries Inc. (Nasdaq: GFS) (GF) has announced that the GF–Town of Stillwater Foundation 2022 public grants applications are now available for community organizations seeking to bring educational opportunities and positive change to the health, safety, and welfare of local residents. The 2022 grant period will mark the 7th year in a row that successful grant applications will be awarded. The Foundation has invested more than $480,000 in organizations in the Stillwater community since 2011.

The mission of the GF-Town of Stillwater Foundation is to provide tangible benefits of a public nature to diverse groups located within the Town of Stillwater including not-for-profit 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 a variety of key locations in town. Printed copies may be obtained from the Stillwater Town Hall, the Stillwater Free Library, and the Superintendent’s Office at Stillwater Central Schools. The application may be downloaded in PDF format from the Town of Stillwater website: https://www.stillwaterny.org/. The deadline to submit an application is March 15th, 2022.

 

About the GF-Town of Stillwater Foundation

As part of the development of the Fab 8 project, GF has contributed a total of $5 million to fund two stand-alone 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 at the Round Lake baseball fields.

Leveraging the investment income from this original seed money, these foundations have distributed more than $1.7 million dollars in funding to over 450 organizations in support of a wide variety of programs benefiting the local community around Fab 8. Both foundations are managed by an independent Board of Directors and are actively working with local organizations to improve our communities.

 

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