Semi Foundation

Organization Overview

Semi Foundation is located in Milpitas, CA. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Semi Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Semi Foundation generated $319.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $882.8k during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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 A DIVERSE, INNOVATIVE, AND SKILLED WORKFORCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OSINCE ITS INCEPTION, THE SEMI FOUNDATION HAS SPONSORED SEMI HIGH TECH U (HTU), AN INTERACTIVE EDUCATIONAL PROGRAM DESIGNED TO EXCITE HIGH SCHOOL STUDENTS ABOUT SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) AND EXPOSE THEM TO POTENTIAL CAREER OPPORTUNITIES IN THE HIGH TECH INDUSTRY. BY THE END OF 2021, THE SEMI FOUNDATION DELIVERED A TOTAL OF 258 HTU PROGRAMS IN THE UNITED STATES, AUSTRIA, FRANCE, INDIA, JAPAN, KOREA, THE NETHERLANDS, SINGAPORE, SOUTHEAST ASIA, AND TAIWAN. THE PROGRAM HAS REACHED OVER 8,000 STUDENTS AND TEACHERS.


SEE SCHEDULE OTHE PANDEMIC EXACERBATED THE STEM WORKFORCE CRISIS AND CHIP SHORTAGE WORLDWIDE. TO HELP ATTRACT CANDIDATES AND HELP DEVELOP A GLOBAL WORKFORCE TO SUSTAIN INDUSTRY INNOVATION AND GROWTH, THE SEMI FOUNDATION CONTINUES TO FOCUS ON GLOBAL INITIATIVES THAT SUPPORT WORKFORCE DEVELOPMENT AND DIVERSITY, EQUITY, AND INCLUSION (DEI) IN THE INDUSTRY. ONE OF THE LARGEST INITIATIVES IS THE INDUSTRY IMAGE AND AWARENESS CAMPAIGN TO RAISE THE VISIBILITY OF THIS CRUCIAL INDUSTRY. THE INITIATIVE 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. THE SEMI FOUNDATION HAS ALSO LAUNCHED NUMEROUS ADDITIONAL PROGRAMS TO SUPPORT THE WORKFORCE PIPELINE FOR THE SEMICONDUCTOR INDUSTRY, INCLUDING A MENTORING PROGRAM FOR INDUSTRY PROFESSIONALS TO CONNECT WITH STUDENTS, A VETWORKS INITIATIVE THAT AIMS TO RECRUIT MILITARY VETERANS TRANSITIONING INTO CIVILIAN LIFE, AND CONSISTENT INDUSTRY EVENTS ON WORKFORCE DEVELOPMENT AND DEI TOPICS. 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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Council For Adult And Experiential Learn
Consulting
$250,000
Semi
Management
$717,457
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$311,235
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$311,235
Total Program Service Revenue$0
Investment income $8,277
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $319,512

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Semi Foundation has recieved totaling $80,000.

Awarding OrganizationAmount
Kla-Tencor Foundation

Milpitas, CA

PURPOSE: 2021 SUPPORT

$50,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Peer Organizations

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