Public Charity

SRCCO

SRCCO is a Public Charity headquartered in DURHAM, NC. Financial data from the 2024 filing: $53.5M revenue, $50.3M expenses, $44.1M total assets. IRS filings disclose 111 grants awarded by this foundation, totaling roughly $304.5M.

EIN: 562038762 DURHAM, NC Latest filing: 2024
Total Revenue$53.5M
Total Expenses$50.3M
Total Assets$44.1M
Grants Given111
Grant Total$304.5M
Filing Years2019–2024

Mission

SRCCO, AS A CONTROLLED AFFILIATE OF THE SEMICONDUCTOR RESEARCH CORPORATION ("SRC"), FUNDS AND OPERATES PROGRAMS OF UNIVERSITY-BASED RESEARCH CENTERS FOCUSED ON MICROELECTRONIC TECHNOLOGY THAT BENEFITS BOTH PRIVATE INDUSTRY AND U.S. DEFENSE CAPABILITIES.

Sample Grants Given

Atlanta, GA · 2024
University Research
$11,915,919
The Regents of the Univ of CA San Diego
La Jolla, CA · 2024
University Research
$7,600,000
New York, NY · 2024
University Research
$6,980,176
Ithaca, NY · 2024
University Research
$6,797,785
The Pennsylvania State University
Univ Park, PA · 2024
University Research
$6,700,000

Showing up to 5 of 111 total records — full history available with membership.

Officers & Directors

PROGRAM MANAGER Adam Knapp
VP OF BUSINESS DEVELOPMENT David Henshall
CHIEF ACCOUNTING OFFICER Karen Di Spigna
PRESIDENT & CEO Todd Younkin

Officer compensation and complete director data available with membership.

Top Grant Purposes

university research in the semiconductor/technology industry
$85,625,800 32 grants
university research in the semiconductor/ technology industry
$67,755,258 30 grants
UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
$59,574,671 15 grants
University Research
$47,057,336 8 grants
RESEARCH CONTRACT
$33,082,262 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $53.5M $50.3M $44.1M
2023 $44.5M $61.9M $38.2M
2022 $45.0M $39.5M $42.8M
2020 $48.1M $51.5M $36.5M
2019 $53.7M $48.9M $36.2M

Between 2019 and 2024, reported annual revenue held roughly steady at around $53.5M, with total assets most recently reported at $44.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, DC, FL, GA, IL, and 4 other states.

AZCADCFLGAILINMAMIMN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for SRCCO

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