Grant Monies Available

PRESS RELEASE
For Immediate Release
GLOBALFOUNDRIES - Town of Stillwater Foundation
Contact: Jo-Ann Winchell
20 Creek Bend Road
Stillwater, NY 12170
518-664-3669

GLOBALFOUNDRIES – Town of Stillwater Accepts Applications for 2016 Grants
 
The Global Foundries – Town of Stillwater Foundation has announced the availability of public
grant money for some worthy recipients seeking to bring positive change to the health, safety,
and welfare of our residents. The 2016 Grant marks the third successful round of funding since
the Foundation was formed. Last year the group awarded approximately $50,000 to two dozen
selected organizations.

As part of the development of the Fab 8 project, GLOBALFOUNDRIES has contributed a total of
$5 million to fund two stand-alone 501 c3 charitable foundations. 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 $600,000 to over 100 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.

GLOBAL FOUNDERIES – Town of Stillwater Foundation Grant applications are available in a
variety of key locations in town. Printed copes may be obtained from the Stillwater Town Hall,
the Stillwater Free Library, and the Superintendent’s Office at SCS. The application may be
downloaded in PDF format from the GLOBALFOUNDRIES website or the Town of Stillwater
website: StillwaterNY.org. The deadline for submitted an application is June 30, 2016.

© 2017 Town of Stillwater • 881 Hudson Ave. Stillwater, NY 12170 • TEL: (518) 664-6148 • FAX: (518) 664-9537