The Daily Gazette
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GlobalFoundries awards first grants

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Smoke detectors could be provided to homes that lack them and damaged cemetery headstones could get repaired under projects funded by the new GlobalFoundries-Town of Malta Foundation. The public benefit foundation, funded by the computer chip maker as part of a community benefit package, on Wednesday announced 13 grants totaling $37,500 to various organizations. It is the first distribution by the foundation, which by next year will have $3 million contributed by GlobalFoundries to be ...

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December 22, 2011
10:24 a.m.

[ Flag Post ]

This is just tax payer money being repackaged and credit given to Global Foundries.
They have received about a Billion Dollar$$ of taxpayer funds.