The GlobalFoundries / Town of Malta Foundation is a private foundation formed through a partnership between GlobalFoundries (Nasdaq: GFS) and the Town of Malta. Based in Malta, New York, the foundation supports local community organizations through annual grant awards.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$162K
+12.0% YoY
Grant Count
39
+30.0% YoY
Avg Grant Size
$4K
-13.8% YoY
Mission & Focus Areas
The foundation's mission centers on supporting the Malta community through grants that foster growth, inclusivity, and positive change. Primary funding focus areas include:
- Education
- Human Services
- Fire Department support
- Community services and programs
- Youth programs
- Arts and culture
- Recreation and parks
Grantmaking
Typical awards range from $1,000 to $45,000, with recent individual grants ranging from $2,000 to $10,000.
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Malta, New York and the surrounding region, including communities in Saratoga County and the Capital Region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $3,523,476 (as of most recent IRS Form 990 filing)
Annual Giving:
- 2025: $185,000
- 2024: $161,650
- 2023: $144,331
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
147 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Malta-stillwater Emergency ($15,000), Ballston Spa Csd Partnership ($10,000), Rebuilding Together Saratoga County ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADIA MIDDLE SCHOOL CLIFTON PARK, NY | FACILITATE E-SPORTS ACTIVITIES | $1,400 |
| ALBANY CAN CODE INC ALBANY, NY | BEGINNER COMPUTER TRAINING | $3,000 |
| BALLSTON SPA BALLSTON SPA, NY | MUSIC SCHOLARSHIPS | $2,000 |
| BALLSTON SPA CSD PARTNERSHIP BALLSTON SPA, NY | ROBOTICS TEAM | $10,000 |
| BALLSTON SPA ELEMENTARY SCHOOL PTAS BALLSTON SPA, NY | SUPER SCIENCE SATURDAY | $5,000 |
| BALLSTON SPA HIGH SCHOOL (PTSA) BALLSTON SPA, NY | AFTER PROM & SENIOR SENDOFF | $5,000 |
| BALLSTON SPA JUNIOR BASEBALL BALLSTON SPA, NY | SCOREBOARD | $4,000 |
| BALLSTON SPA SOCCER CLUB MALTA, NY | GOAL REPLACEMENT | $2,000 |
| BEST BUDDIES NEW YORK WATERFORD, NY | LEADERSHIP DEVELOPMENT PROGRAM | $2,000 |
| CAPTAIN COMMUNITY HUMAN SERVICES CLIFTON PARK, NY | EQUINE THERAPY PROGRAM | $4,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Admar Semedo – President of the GF-Town of Malta Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADMAR SEMEDO | PRESIDENT | 2 | — |
| ELLWOOD SLOAT JR | VICE PRESIDE | 2 | — |
| DAVID MEAGER | TREASURER | 2 | — |
| KAREN HEGGEN | SECRETARY | 2 | — |
| SERENA SAPIENZA | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation held its annual awards ceremony on December 12, 2024, at the David R. Meager Malta Community Center to present 2024 grant awards. In 2025, the foundation entered its 15th consecutive year of grant distribution, reaffirming its long-term commitment to the local community. According to foundation leadership, these grants expand opportunities that strengthen essential services, youth programs, and community services while building a more inclusive and resilient Malta.
GlobalFoundries-Town of Malta Foundation Awards Annual Grants for 2025 -Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Globalfoundriestown of Malta fund?
The foundation's mission centers on supporting the Malta community through grants that foster growth, inclusivity, and positive change. Primary funding focus areas include: • Education • Human Services • Fire Department support • Community services and programs • Youth programs • Arts and culture • Recreation and parks
How do I apply for a grant from Globalfoundriestown of Malta?
**Grant Activity:** • **2025 Grants:** 41 grants totaling $185,000 • **2024 Grants:** 37 grants totaling $161,650 • **Cumulative Impact:** More than $2 million distributed to the Malta community since 2011 **Grant Sizes:** Typical awards range from $1,000 to $45,000, with recent individual grants ranging from $2,000 to $10,000. **Recent Grant Recipients (2025):** • Wilton Wildlife Preserve & Park – $5,000 • Town of Malta Community Garden – $7,500 • Town of Malta Veterans Committee – $4,000 • To…
Where does Globalfoundriestown of Malta make grants?
The foundation primarily funds organizations in Malta, New York and the surrounding region, including communities in Saratoga County and the Capital Region.
What size grants does Globalfoundriestown of Malta award?
In 2024, Globalfoundriestown of Malta awarded 39 grants totaling $162K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is Globalfoundriestown of Malta's EIN?
Globalfoundriestown of Malta's EIN (Employer Identification Number) is 45-3083479. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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