NEWS RELEASE:
GlobalFoundries-Town of Malta Foundation Awards Annual Grants for 2024
Foundation awards 37 grants totaling $161,650 to local organizations supporting a variety of community needs and programs.
Malta, N.Y., December 12, 2024 – For the 14th consecutive year, GlobalFoundries (Nasdaq: GFS) (GF) today announced that the GF-Town of Malta Foundation has awarded 37 grants totaling $161,650 to local organizations that support a variety of community needs and programs. With this year’s 2024 grants, the Foundation, formed by GF and the Town of Malta, has placed more than $2M into service in the Malta community since 2011.
The 2024 Malta grant awards will be presented today at the David R. Meager Malta Community Center at the annual awards ceremony.
“Supporting our community is at the heart of what we do at the GF-Town of Malta Foundation,” said Admar Semedo, president of the GF-Town of Malta Foundation. “This year’s grants highlight the incredible dedication and innovative spirit of local organizations that tirelessly work to improve the lives of Malta residents. We are proud to contribute to projects that foster growth, inclusivity and positive change in our community.”
Congratulations to this year’s grant recipients:
Acadia Middle School - Shenendehowa: $1,400
Albany Can Code Inc.: $3,000
Ballston Spa Junior Baseball: $4,000
Ballston Spa CSD Partnership for Innovation in Education Fund: $10,000
Ballston Spa Elementary School PTAs: $5,000
Ballston Spa Friends of Music Inc: $2,000
Ballston Spa High School PTSA: $5,000
Ballston Spa Soccer Club: $2,000
Best Buddies New York: $2,000
Captain Community Human Services: $4,000
Chango Elementary School - Shenendehowa: $1,200
Community Emergency Response Team: $400
East Line Union Cemetery Inc.: $3,000
Gateway House of Peace: $2,000
Kiwanis Club of Saratoga-Wilton: $1,500
Malta Avenue Elementary School PTA: $2,000
Malta Community Center Food Pantry via St. Peter Lutheran Church: $5,000
Malta Ridge Volunteer Fire Company: $5,000
Malta Senior Citizens Inc: $7,500
Malta Spotlighter's Theatre Troupe: $4,000
Malta Sunrise Rotary Club: $2,000
Malta-Stillwater Emergency Medical Services: $15,000
Rebuilding Together Saratoga County: $10,000
Round Lake Hose Co/Fire Dept: $5,000
Round Lake Library: $2,000
Round Lake Malta Youth Baseball League: $4,000
Roundabout Runners Club: $4,000
Rugrunners Robotics: $10,000
Saratoga Bridges, A Chapter of The Arc New York: $10,000
Saratoga Rowing Association, Inc.: $2,500
Saturday Lunch Program via Malta Ridge Methodist Church: $2,500
The Parents of Scotties Cross Country and Track Booster Club: $750
Town of Malta: $2,000
Town of Malta Parks and Recreation: $9,000
Town of Malta Veterans Committee: $4,000
Town of Malta Youth Commission: $4,500
Wilton Wildlife Preserve & Park: $4,400
Information on the 2025 grant application process will be available on the Foundation website in August 2025. We encourage all eligible organizations to apply.
About the GlobalFoundries-Town of Malta Foundation
As part of the development of the Fab 8 project, GlobalFoundries contributed a total of $5 million to fund two stand-alone 501(c)3 charitable foundations: the GlobalFoundries-Town of Malta Foundation and the GlobalFoundries-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. For more information, visit the Foundation’s website.
About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work and connect. We innovate and partner with customers to deliver more power-efficient, high-performance products for the automotive, smart mobile devices, internet of things, communications infrastructure and other high-growth markets. With our global manufacturing footprint spanning the U.S., Europe, and Asia, GF is a trusted and reliable source for customers around the world. Every day, our talented and diverse team delivers results with an unyielding focus on security, longevity, and sustainability. For more information, visit www.gf.com.
©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. Or its subsidiaries. All other trademarks are the property of their respective owners.
GlobalFoundries-Town of Malta Board of Directors:
Admar Semedo, President
Ellwood Sloat, Vice President
Karen A. Heggen, Secretary
David R. Meager, Treasurer
Serena Sapienza, Communications Chair
Information on the 2025 grant application process will be available in September 2025.