EIN 30-0155873

Semi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2002
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Semi Foundation supports economic opportunity for workers and sustained growth of the microelectronics industry by creating pathways and opportunities for job seekers, and providing tools and systems for semiconductor businesses. Ajit Manocha runs the foundation.
Related structure
Semi Foundation is a subordinate organization under Semi.
Total revenues
$386,431
2022
Total expenses
$2,026,559
2022
Total assets
$4,857,090
2022
Num. employees
0
2022

Program areas at Semi Foundation

See schedule oas the stem workforce crisis and chip shortage worldwide continue, the Semi Foundation continues to focus on global initiatives that support workforce development and diversity, equity, and inclusion (dei) in the industry to help attract candidates and help develop a global workforce to sustain industry innovation and growth. One of the largest initiatives is the industry image and awareness campaign to raise the visibility of this crucial industry. This includes a national media campaign to inspire students and adults to join the microelectronics industry, as well as an online career exploration portal to help students and job seekers find educational pathways and connections to employers. Other Foundation programs help train workers to upskill or reskill to join the industry. The Semi Foundation also coordinates numerous additional programs to support the workforce pipeline, including a mentoring program for industry professionals to connect with students, a vetworks initiative that recruits military veterans transitioning into civilian life, and consistent industry events on workforce development and dei topics. Semi Foundation also launched a new program called the Semi career and apprenticeship network (scan) which provides customized training programs for employers that includes registered apprenticeship and other work-and learn opportunities. Semi Foundation also supports suppliers and companies with diverse ownership, sponsors an inclusive industry recognition award, and created a dei roadmap and toolkit to share industry best practices.
See schedule osince 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 science, technology, engineering, and math (stem) and expose them to potential career opportunities in the microelectronics industry. By the end of 2022, the Semi Foundation delivered a total of over 250 htu programs in the united states, austria, france, india, japan, korea, the netherlands, singapore, southeast asia, and taiwan. The program has reached over 11,000 students and teachers.

Who funds Semi Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
KLA FoundationSemi High Tech U Program in Michigan and California To Introduce Students To Semiconductors By Providing Hands-On Stem Learning Activities$100,000
Silicon Valley Community Foundation (SVCF)Education$10,000
Fab Owners AssociationTo Support Semis Educational Work$10,000

Personnel at Semi Foundation

NameTitleCompensation
Ajit ManochaChairman , President and Chief Executive Officer$0
Kevin BauerChief Financial Officer and Bus Operations$0
Richard J SalsmanChief Financial Officer Semi Foundation Board / Chief Financial Officer and Vice President Operations / Chief Financial Officer and Treasurer$0
Shari LissSecretary and Executive Director / Executive Director ,$0
Berton MahardjaSenior Manager, Global Education Initiatives
...and 6 more key personnel

Financials for Semi Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$317,479
Program services$26,187
Investment income and dividends$42,765
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$386,431

Form 990s for Semi Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-10990View PDF
2020-122021-11-09990View PDF
2019-122021-02-26990View PDF
2018-122020-01-28990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Updated personnel
Identified 4 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Silicon Valley Community Foundation (SVCF)
October 22, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from KLA Foundation
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsDisease research fundraisersEmployment organizationsChapter / child organizationsCharities
Issues
Human servicesJobs and employment
Characteristics
Conducts researchReceives government fundingCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
673 S Milpitas Blvd
Milpitas, CA 95035
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Phone
(408) 943-6900
IRS details
EIN
30-0155873
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J22: Employment Training
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Subordinate organization
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