SEMI FOUNDATION
673 SOUTH MILPITAS BLVD, MILPITAS, CA 950355473 www.semifoundation.org

Total Revenue
$1,797,761
Total Expenses
$1,244,089
Net Assets
$5,776,928

Organizations Filed Purposes: SEMI FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO OPERATE, PROMOTE, OR SUPPORT EDUCATIONAL PROGRAMS IN AND SUPPORT EDUCATION AND AWARENESS FOR THE FIELD OF HIGH TECHNOLOGY.

PLEASE REFER TO SCHEDULE OTHE SEMI FOUNDATION SPONSORS SEMI HIGH TECH U (HTU). HTU IS 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. VOLUNTEERS FROM INDUSTRY, LOCAL SCHOOLS AND UNIVERSITIES SERVE AS THE INSTRUCTORS AND TEAM LEADERS, GUIDING STUDENTS THROUGH THEIR LESSONS AND OFFERING PRACTICAL ADVICE AND SUPPORT ON EDUCATION AND CAREER DEVELOPMENT. BY THE END OF 2019, THE SEMI FOUNDATION DELIVERED A TOTAL OF 257 HTU PROGRAMS IN THE UNITED STATES, AUSTRIA, FRANCE, INDIA, JAPAN, KOREA, THE NETHERLANDS, SINGAPORE, SOUTHEAST ASIA AND TAIWAN, AND REACHED AN IMMEDIATE AUDIENCE OF NEARLY 8,000 STUDENTS AND TEACHERS. IN ADDITION, THROUGH ITS TEACHERS WHO ATTENDED SEMI HTU TEACHER EDITION, IT IS ESTIMATED THAT OVER 125,000 STUDENTS HAVE BEEN REACHED AND PROVIDED WITH INFORMATION ABOUT MICROELECTRONICS INDUSTRIES.

PLEASE REFER TO SCHEDULE OSINCE 2018, SEMI FOUNDATION STARTED NEW WORKFORCE DEVELOPMENT INITIATIVES TO ADDRESS THE EXTENDED ELECTRONICS SUPPLY CHAIN NEEDS FOR TALENT AND DIVERSITY. WITH ELECTRONICS INDUSTRY SALES BOOMING, BUT THE POOL OF NEW WORKERS SHRINKING, ATTRACTING CANDIDATES AND DEVELOPING A GLOBAL WORKFORCE HAS NEVER BEEN MORE CRITICAL FOR SUSTAINING INDUSTRY INNOVATION AND GROWTH. SEMI FOUNDATION IS ADDRESSING THE SHORTAGE WITH MENTORING AND UNIVERSITY OUTREACH PROGRAMS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard SalsmanCFO & TREASURER2$0
Ajit ManochaCHAIRMAN, PRES & CEO4$0
Arthur W ZafiropouloTRUSTEE1$0
Belle Wy Wei PhdTRUSTEE1$0
Joe StockunasTRUSTEE1$0
Stanley MyersTRUSTEE1$0
Bertrand LoyTRUSTEE1$0
Helen Grays-JonesTRUSTEE1$0
Dan DurnTRUSTEE1$0
Dana DitmoreTRUSTEE1$0
Jonathan DavisTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003179349309070_public.xml