News

GlobalFoundries–Town of Stillwater Foundation Presents 2026 Grants to Local Organizations

GlobalFoundries (Nasdaq: GFS) (GF) has announced that the GF-Town of Stillwater Foundation has approved its 2026 slate of public grants totaling $45,000 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 21 at 6 p.m. in the Stillwater Town Hall.

The Foundation has invested more than $676,834 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 proud to support local organizations that are expanding educational opportunities and strengthening the health, safety and overall well-being of our community,” said Debbie Leupold, board president, GF-Town of Stillwater Foundation. “We are grateful for the dedication of this year’s grant recipients and the meaningful impact their programs will continue to have across our region.”

Congratulations to the following organizations on being the recipients of the GF-Town of Stillwater 2026 Grants:

• Boy Scout Troop 4035
• Friends of Stillwater Baseball
• Malta Stillwater EMS
• Mechanicville Area Community Services Center Domestic Violence Program
• Mechanicville/Stillwater Breast Cancer Walk
• Mechanicville/Stillwater Youth Soccer League
• Mechanicville Stillwater United Soccer Club
• Pineapple Sistas
• Stillwater Central School District STEM Scholarship
• Stillwater Area Community Center
• Stillwater Food Pantry
• Stillwater Public Library
• Stillwater Central School District
• Village of Stillwater Winterfest Committee

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 to the Round Lake baseball fields.

Leveraging the investment income from this original seed money, these foundations have placed nearly $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.