The Daily Gazette
The Locally Owned Voice Of The Capital Region

GloFo foundation doles out $60,000 to host of community groups

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The GlobalFoundries-Town of Malta Foundation has awarded a total of $60,000 to more than 20 community organizations and projects. The foundation announced its annual awards Tuesday. This is the first year that the $3 million foundation, funded by GlobalFoundries and managed by the computer chip company and the town, has been fully funded. Managed by a board of town and GlobalFoundries appointees, the nonprofit foundation distributes its investment income each year in grants to community ...

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