NEWS RELEASE
GF–Town of Stillwater Foundation Presents 2025 Grants to Local Organizations
The Foundation has invested more than $631,834 in the Stillwater community since 2011
Malta, N.Y., May 1, 2025 – GlobalFoundries (Nasdaq: GFS) (GF) has announced that the GF–Town of Stillwater Foundation has approved its 2025 slate of public grants totaling $44,834 benefiting local community organizations seeking to bring educational opportunities and positive change to the health, safety and well-being of local residents. A check presentation and ceremony will be held today on May 1 at 6 p.m. in the Stillwater Town Hall.
The Foundation has invested more than $631,834 in organizations in the Stillwater community since 2011. In addition to the annual grants, the GF-Town of Stillwater Foundation awards annually a $1,500 STEM Scholarship to a qualified Stillwater High School senior.
The mission of the GF-Town of Stillwater Foundation is to provide tangible benefits of a public nature to groups located within the Town of Stillwater or providing direct services 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.
“The GF–Town of Stillwater Foundation is honored to support local organizations that are dedicated to enhancing educational opportunities and improving the health, safety and well-being of our community members,” said Debbie Leupold, board president, GF-Town of Stillwater Foundation. “We are grateful for the impactful services and programs provided by this year’s grant recipients, and we look forward to seeing the positive changes they will bring to our community.”
Congratulations to the following organizations on being the recipients of the GF–Town of Stillwater 2025 Grants:
- Attic Angels
- Boy Scout Troop 4035
- Friends of Stillwater Baseball
- Girl Scout Unit 165
- Malta-Stillwater Emergency Medical Services (EMS)
- Mechanicville Area Community Services Center (MACSC) Domestic Violence Program
- Mechanicville Stillwater United Soccer Club
- Mechanicville-Stillwater Breast Cancer Walk
- Pineapple Sistas
- Saratoga Bridges
- Stillwater Backpack Program
- Stillwater Food Pantry
- Stillwater High School STEM Scholarship
- Stillwater High School Trap Team
- Stillwater Newland-Wood Fire Department Auxiliary
- Stillwater Public Library
About the GF-Town of Stillwater Foundation
As part of the development of the Fab 8 project, GF has contributed a total of $5.1 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 to the Round Lake baseball fields.
Leveraging the investment income from this original seed money, these foundations have placed over $2.2 million into service 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.
About GF
GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development, and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. 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.
Forward-Looking Statements
This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
Contacts:
Julie Moynehan
GF
[email protected]
Tiara-Layna Brown
Town of Stillwater
[email protected]