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Home  »  Business News  »  GlobalFoundries-Malta Foundation Awards Grants
Business News

GlobalFoundries-Malta Foundation Awards Grants

Posted onJanuary 15, 2021January 18, 2021

The GlobalFoundries-Town of Malta Foundation has awarded $142,964 in grants to community organizations that serve Malta residents and the school districts in the town.
The largest single grant was $16,500 to the Malta-Stillwater Emergency Medical Service for purchase of a ventilator to be available in ambulances.
Both the Ballston Spa and Shenendehowa school districts each received multiple grants to support STEM learning, robotics and general education programs.
The grants are in addition to a $50,000 grant provided in March to help the town of Malta to provide local individuals and families with grocery store gift cards, as the economic impact of the COVID-19 pandemic first began to emerge.
The foundation was established in 2011 with $3 million donated by GlobalFoundries as part of the host community package negotiated in return for town approval of the computer chip manufacturing plant in Luther Forest that employs about 3,000 people.
The foundation is managed by a board made up of town and GlobalFoundries representatives. Since 2011, it has donated more than $1.4 million to organizations that serve Malta.
Among the other large grants this year were $11,852 to Saratoga Bridges for a roof replacement project at its Malta Avenue group home; $10,000 to Rebuilding Together Saratoga County, to aid the nonprofit with providing critical home repairs for low income homeowners; and $10,000 for interactive whiteboards to be used in on-site and remote learning at the Chango Elementary School.
There was also $7,500 awarded to the Roundabout Runners Club for trail making upgrades and providing maintenance in the 100-Acre Wood, the town-owned park in the middle of the Luther Forest Technology Campus.
A $5,000 grant was awarded to the Pitney Meadows Community Farm in Saratoga Springs for a farmers’ market in Malta.

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