Public Charity

SEMI Foundation

SEMI Foundation, of Milpitas, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.6M in revenue, $4.1M in expenses, $7.9M in total assets. 16 publicly reported grants to this organization, totaling roughly $3.5M, appear in IRS filings.

EIN: 300155873 Milpitas, CA Education N.E.C. NTEE: B99 Latest filing: 2024
Total Revenue$4.6M
Total Expenses$4.1M
Total Assets$7.9M
Grant Records16
Funding Total$3.5M
Filing Years2019–2024

Mission

THE MISSION OF THE SEMI FOUNDATION IS TO SUPPORT ECONOMIC OPPORTUNITY FOR WORKERS AND THE SUSTAINED GROWTH OF THE MICROELECTRONICS INDUSTRY. WE ACCOMPLISH THIS THROUGH CREATING PATHWAYS AND OPPORTUNITIES FOR JOB SEEKERS, AND TOOLS AND SYSTEMS FOR SEMICONDUCTOR COMPANIES TO ATTRACT, DEVELOP, AND RETAIN AN INNOVATIVE AND SKILLED WORKFORCE.

Where $100 goes at SEMI Foundation

How SEMI Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$93 Programs the work itself
$6 Management running the organization
$1 Fundraising raising the next dollar

Inside the $93 for programs

$57
The SEMI Foundation supports the development of registered apprenticeship training programs, other work-and-learn programs, and curriculum for highschool, upskilling, and reskilling to train workers to enter and advance…
62% of program spending
$25
The SEMI Foundation continues to focus on global initiatives that support workforce development in the industry
27% of program spending
$11
Since its inception, the SEMI Foundation has sponsored semi high tech u (htu), an interactive educational program designed to excite students throughout elementary, middle, and high school about…
11% of program spending · Reported in the filing: 3,000 students; 14,000 students
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chairman, Pres & CEO Ajit Manocha
Trustee Arthur W Zafiropoulo
Trustee Dana Ditmore
Trustee Debbie Gustafson
Trustee Helen Grays-Jones
Trustee John Mclaughlin

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$3,380,000 10 grants
General Support
$156,538 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.6M $4.1M $7.9M
2023 $3.6M $2.7M $6.4M
2022 $386K $2.0M $4.9M
2020 $592K $795K $6.5M
2019 $1.8M $1.2M $7.0M

Between 2019 and 2024, reported annual revenue grew from $1.8M to $4.6M (+158%), with total assets most recently reported at $7.9M.

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

See the full picture for SEMI Foundation

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