Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.39x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
100th percentile
Higher top officer pay than 100% of similar nonprofits.
Top officer pay equals 69.5% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Balance Sheet
Assets
Up$7,865,332
Up $1,434,617 (+22%) from 2023
Net Assets
Up$4,793,716
Up $547,192 (+13%) from 2023
Liabilities
Up$3,071,616
Up $887,425 (+41%) from 2023
Revenue And Expenses
Revenue
Up$4,645,011
Up $1,084,140 (+30%) from 2023
Expenses
Up$4,097,819
Up $1,408,013 (+52%) from 2023
Net Income
Down$547,192
Down $323,873 (-37%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 17, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $4,645,011
Mission and Program Overview
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.
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
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $5,351,424 | $6,588,520 | ▲ $1,237,096 |
| Accounts Receivable | $1,056,760 | $1,271,812 | ▲ $215,052 |
| Prepaid Expenses and Deferred Charges | $22,531 | $5,000 | ▼ $17,531 |
| Cash and Non-Interest-Bearing Accounts | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $6,430,715 | $7,865,332 | ▲ $1,434,617 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Other Liabilities | $1,932,381 | $2,902,389 | ▲ $970,008 |
| Accounts Payable and Accrued Expenses | $212,358 | $163,363 | ▼ $48,995 |
| Deferred Revenue | $39,452 | $5,864 | ▼ $33,588 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $2,184,191 | $3,071,616 | ▲ $887,425 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,450,989 | $2,886,449 | ▲ $435,460 |
| Net Assets With Donor Restrictions | $1,795,535 | $1,907,267 | ▲ $111,732 |
| Total Net Assets Fund Balance | $4,246,524 | $4,793,716 | ▲ $547,192 |
| Total Liabilities and Net Assets / Fund Balance | $6,430,715 | $7,865,332 | ▲ $1,434,617 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Ajit Manocha | Chairman, Pres & CEO |
| Shari Liss | Secretary, Executive Director |
| Arthur W Zafiropoulo | Trustee |
| Dana Ditmore | Trustee |
| Debbie Gustafson | Trustee |
| Helen Grays-Jones | Trustee |
| John McLaughlin | Trustee |
| Jonathan Davis | Trustee |
| Kate Dei Cas | Trustee |
| Katy Crist | Trustee |
| Mary Puma | Trustee |
| Patricia Macleod | Trustee |
| Kevin Bauer | CFO & Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Semi | Management | 673 SOUTH MILPITAS BLVD MILPITAS, Milpitas, CA 95035-5473 | $1,932,380 |
| Council for Adult and Experiential | Consulting | 10 WEST MARKET STREET SUITE 1100, Indianapolis, IN 46204 | $250,000 |
| First Station Media INC | Digital Marketing | 3525 N PROSPECT AVE, Milwaukee, WI 53211 | $173,056 |
| QA Commons Inc | Consulting | 702 McCorkle Avenue, St Helena, CA 94574 | $109,375 |
| US Chamber of Commerce Foundation | Consulting | PO Box 825448, Philadelphia, PA 19182-5448 | $100,000 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $4,006,247
- Program Service Revenue
- $430,378
- Investment Income
- $208,386
- Other Revenue
- $0
- All Other Contributions
- $2,077,158
- Change in Net Assets
- $547,192
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $4,074,694 |
| Total Fundraising Expense | $161,910 |
| Grants and Similar Amounts Paid | $23,125 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $2,507,561 | $53,486 | $121,910 | $2,682,957 |
| Fees for Services Other | $823,249 | - | $40,000 | $863,249 |
| Conferences and Meetings | $210,571 | $2,182 | - | $212,753 |
| Travel | $116,819 | $40,351 | - | $157,170 |
| Office Expenses | $37,373 | $6,512 | - | $43,885 |
| Occupancy | $40,993 | $698 | - | $41,691 |
| Fees for Services Accounting | $13,938 | $10,540 | - | $24,478 |
| Information Technology | $23,158 | - | - | $23,158 |
| Grants to Domestic Individuals | $23,125 | - | - | $23,125 |
| Fees for Services Legal | - | $8,089 | - | $8,089 |
| Other Expenses | $4,255 | $1,100 | - | $5,355 |
| Insurance | - | $3,183 | - | $3,183 |
| Total Functional Expenses | $3,804,990 | $130,919 | $161,910 | $4,097,819 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Intercompany Payable | $2,902,389 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Semi foundation has one member, semi, a california nonprofit corporation.”
Form 990, Part VI, Section A, Line 7A
“The member's board of directors may appoint the organization's directors and officers.”
Form 990, Part VI, Section A, Line 7B
“The member has broad powers, including the power to levy dues and assessments, to select and remove all officers, agents, employees and contractors, to fix reasonable compensation, to authorize and empower officers or agents to enter into contracts and other commitments on behalf of the organization, and to appoint and delegate responsibilities and authority to committees, officers and agents. Finally, the member has such other powers and rights as provided by the nonprofit public benefit corporation law of the state of california.”
Form 990, Part VI, Section B, Line 11B
“Bdo and semi staff work together to gather the required tax information necessary to complete the tax returns. The initial draft return is reviewed by bpm and semi finance staff; items are discussed and reviewed. Any recommended changes are reflected in the return, and a revised draft tax return is prepared. The full board receives the final version of the tax return for review prior to filing.”
Form 990, Part VI, Section B, Line 12C
“Semi foundation does not have employees. Its officers are fulltime employees of semi. Annually, semi sends the code of conduct policy, which includes the conflict of interest policy, to all employees. All semi employees are required to review the policy and certify that they agree to abide by it. Semi human resources audits the responses to ensure that all employees respond.”
Form 990, Part VI, Section C, Line 19
“Semi foundation makes its form 990, and semi audited financial statements, available upon request.”
FORM 990, PART VII, SECTION A:
“The executive director is compensated by semi.”
Filing and Contact Details
Filer
- Filer Name
- SEMI Foundation
- EIN
- 30-0155873
- In Care Of
- % KEVIN BAUER
- Phone
- 4089436900
- Address
- 673 South Milpitas Boulevard, Milpitas, CA 95035-5473
Signing Officer
- Name
- Kevin Bauer
- Title
- CFO & Bus. Operation
- Phone
- 4089436900
- Signed
- 2025-11-17
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Ajit Manocha
- Formed
- 2002
- Legal Domicile
- CA
- Voting Board Members
- 11
- Independent Board Members
- 10
- Employees
- 0
- Volunteers
- 250
Preparer
- Firm
- Bdo USA
- Address
- 601 Union Street Suite 2300, Seattle, WA 98101
- Preparer
- Matthew Frerker
- Phone
- 2063827777
Supplemental Narrative
Additional Explanations
Form 990, Part I, Line 1, Description of Organization Mission
“Semiconductor companies to attract, develop, and retain an innovative and skilled workforce.”
Form 990, Part IV, Line 12A and Form 990, Part XII, Lines 2B and 2C
“The financial statements of the organization are consolidated with those of semi, in accordance with gaap, and are audited by an independent public accounting firm. Semi's board, and the finance committee of the board, have responsibility for oversight of the audit of the consolidated financial statements and selection of the independent public accounting firm.”
Form 990 Part I, Line 5 & Part V, Line 2A
“The organization does not have any direct employees.”
Form 990 Part IX Line 11G
“Description:workforce development total fees:557568”
Form 990 Part IX Line 11G
“Description:program marketing total fees:177306”
Form 990 Part IX Line 11G
“Description:grant writing total fees:40000”
Form 990 Part IX Line 11G
“Description:event production total fees:38500”
Form 990 Part IX Line 11G
“Description:market research total fees:25875”
Form 990 Part IX Line 11G
“Description:workforce data analytics total fees:24000”
Financial Statement Notes
Part X, Line 2:
“ASC 740-10 (FIN 48) Footnote: SEMI Foundation's financial statements are included in the SEMI consolidated financial statements. SEMI Foundation does not have an ASC 740-10 Liability at December 31, 2024, and does not anticipate a material change in the 12 months following December 31, 2024.”
Raw XML AppendixShowing 400 of 729 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | 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 |
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| IRS990/Desc | 0 | THE SEMI FOUNDATION CONTINUES TO FOCUS ON GLOBAL INITIATIVES THAT SUPPORT WORKFORCE DEVELOPMENT IN THE INDUSTRY. THE GOAL OF THE FOUNDATION'S WORK IS TO HELP ATTRACT CANDIDATES AND HELP DEVELOP A GLOBAL WORKFORCE TO SUSTAIN INDUSTRY INNOVATION AND GROWTH. ONE IMPORTANT INITIATIVE 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; AN ONLINE CAREER EXPLORATION PORTAL TO HELP STUDENTS AND JOB SEEKERS FIND EDUCATIONAL PATHWAYS AND CONNECTIONS TO EMPLOYERS; VIRTUAL VIDEO EVENTS THAT REACH MILLIONS OF HIGH SCHOOL STUDENTS ANNUALLY AND EDUCATE THEM ABOUT INDUSTRY PROFESSIONALS AND CAREERS; AND A DOCUMENTARY THAT EXPLORES AND ILLUMINATES 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 ONGOING INDUSTRY EVENTS NATIONWIDE FOCUSED ON WORKFORCE DEVELOPMENT. SEMI FOUNDATION ALSO SUPPORTS SUPPLIERS AND COMPANIES AND SPONSORS AN INDUSTRY RECOGNITION AWARD. |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 1473321 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 623583 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 308239 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Ajit Manocha |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Kevin Bauer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Shari Liss |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Katy Crist |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Jonathan Davis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Dana Ditmore |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Mary Puma |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Helen Grays-Jones |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Arthur W Zafiropoulo |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Debbie Gustafson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Kate Dei Cas |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Patricia Macleod |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | John McLaughlin |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 1756592 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 773540 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 452911 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman, Pres & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CFO & Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary, Executive Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Trustee |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 1929089 |
| IRS990/GrantAmt | 0 | 23125 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 23125 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 23125 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 4645011 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 23158 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 23158 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3183 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3183 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 208386 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 208386 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 21 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4246524 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4793716 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2450989 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2886449 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 698 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 40993 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 41691 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6512 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 37373 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 43885 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | BANK FEES AND CHARGES |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTINUING EDUCATION |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4778 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1100 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3948 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 4255 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8726 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5355 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1932381 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2902389 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 22531 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5000 |
| IRS990/PrincipalOfficerNm | 0 | Ajit Manocha |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONSULTING SERVICES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SPONSORSHIP INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SEMINAR INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 392528 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 30000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 7850 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 392528 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 30000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 7850 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | 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 IN THE INDUSTRY. IN 2024, THE FOUNDATION SUPPORTED A REGISTERED APPRENTICESHIP PROGRAM IN CALIFORNIA AND WAS BUILDING SIMILAR PROGRAMS IN ARIZONA AND MICHIGAN. IN ADDITION, THE FOUNDATION DEVELOPED EXTENSIVE CURRICULUM FOR USE IN HIGH SCHOOLS, PREAPPRENTICESHIPS, AND OTHER TRAINING PROGRAMS. THE FOUNDATION IS FOCUSING ON EDUCATING THE SEMICONDUCTOR INDUSTRY ON THE REGISTERED APPRENTICESHIP MODEL AND ENCOURAGING ITS ADOPTION DUE TO ITS ABILITY TO EXPAND THE WORKFORCE AS AN INDUSTRY LED PROGRAM, PROVIDING WELLSKILLED WORKERS WHO HAVE JOB MOBILITY. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 2353062 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 180000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | 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 SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) AND EXPOSE THEM TO POTENTIAL CAREER OPPORTUNITIES IN THE MICROELECTRONICS INDUSTRY. IN 2024, THE SEMI FOUNDATION REACHED MORE THAN 3,000 STUDENTS IN THE UNITED STATES, EUROPE, AND SOUTHEAST ASIA; SINCE ITS LAUNCH, THE PROGRAM HAS SERVED MORE THAN 14,000 STUDENTS AND TEACHERS IN AUSTRIA, FRANCE, INDIA, JAPAN, KOREA, THE NETHERLANDS, SINGAPORE, AND TAIWAN. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 439366 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 59000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 3154741 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 20507 |
| IRS990/PYInvestmentIncomeAmt | 0 | 179634 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 2669299 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 226496 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 871065 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 2689806 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 3560871 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 547192 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $7,865,332
- Liabilities
- $3,071,616
- Net assets
- $4,793,716
- Revenue
- $4,645,011
- Expenses
- $4,097,819
- Net income
- $547,192