Formosa Plastics' founder, Y. C. Wang, established five foundation trusts to provide permanent, on-going funding of community organizations and support programs in the area around our Point Comfort, Texas production site.

These foundation trusts include:

• The Calhoun High School Scholarship Trust -- $1,000,000
• The Formosa Plastics Religious Trust -- $1,000,000
• The Memorial Hospital Equipment Trust -- $500,000
• The Edna High School Scholarship Trust --  $500,000
• The Formosa Plastics Environmental Endowment Trust - $1,000,000

Each year they fund a variety of community organizations, activities and programs.

For example, in December, 2011 the Formosa Plastics Religious Trust distributed grants totaling $54,000 to 21 different organizations in Calhoun, Jackson and Victoria counties.  This included awards for the following 8 projects and programs in Calhoun County:

1. The First Baptist Church, Port Lavaca, received $1,000 for its Upward Basketball Banquet.
2. Calhoun County Ministerial Alliance received $1,500 for a summer youth recreational program.
3. The Awakening Mind Chan Center received $1,500 for its Dharma Learning program.
4. Our Lady of the Gulf Catholic Church, Port Lavaca, received $3,560 for its youth ministry materials and events.
5. The First Baptist Church, Port Lavaca, received $1,500 its See You At The Pole Rally.
6. First United Methodist Church, Port Lavaca received $1,500 for its Wednesdays after-school program.
7. The Freedom House Assembly of God received $4,500 for its camp, mission outreach and youth conference.
8. Texas Buddhist Association, Port Lavaca, received $3,000 to assist meditation and learning projects.