2025-11-17T18:05:34-05:00 2024-12-31 BDO USA 601 Union Street Suite 2300 Seattle WA 98101 990 2024-01-01 300155873 SEMI Foundation % KEVIN BAUER SEMI 4089436900 673 South Milpitas Boulevard Milpitas CA 950355473 Kevin Bauer CFO & Bus. Operation 4089436900 2025-11-17 true true Matthew Frerker P01677675 2063827777 2025-11-17 2024 2025-03-06 01:10:19Z Ajit Manocha 673 South Milpitas Boulevard Milpitas CA 950355473 4645011 false X www.SEMIFOUNDATION.org X 2002 CA 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 11 10 0 250 0 3154741 4006247 226496 430378 179634 208386 0 0 3560871 4645011 20507 23125 0 0 0 0 0 0 161910 2669299 4074694 2689806 4097819 871065 547192 6430715 7865332 2184191 3071616 4246524 4793716 X 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. false false 1012562 23125 191378 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. 2353062 180000 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. 439366 59000 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. 3804990 true true false false false false false false false false false false false true true false true false false false false false false false false false false true true false false false false false false false false false false false false false true false true false true X 21 0 true 0 false false false false false false false false false false false false X 11 10 false false false false true true true true true false false true true true true true true false false false CA X KEVIN BAUER 4089436900 673 SOUTH MILPITAS BLVD Milpitas CA 950355473 Ajit Manocha Chairman, Pres & CEO 4.0 40.0 X X 0 1756592 1473321 Kevin Bauer CFO & Treasurer 2.0 40.0 X 0 773540 623583 Shari Liss Secretary, Executive Director 32.0 8.0 X 0 452911 308239 Katy Crist Trustee 1.0 0.0 X 0 0 0 Jonathan Davis Trustee 1.0 0.0 X 0 0 0 Dana Ditmore Trustee 1.0 0.0 X 0 0 0 Mary Puma Trustee 1.0 0.0 X 0 0 0 Helen Grays-Jones Trustee 1.0 0.0 X 0 0 0 Arthur W Zafiropoulo Trustee 1.0 0.0 X 0 0 0 Debbie Gustafson Trustee 1.0 0.0 X 0 0 0 Kate Dei Cas Trustee 1.0 0.0 X 0 0 0 Patricia Macleod Trustee 1.0 0.0 X 0 0 0 John McLaughlin Trustee 1.0 0.0 X 0 0 0 0 2983043 2405143 0 false true false SEMI 673 SOUTH MILPITAS BLVD MILPITAS MILPITAS CA 950355473 Management 1932380 Council for Adult and Experiential 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 Consulting 250000 FIRST STATION MEDIA INC 3525 N PROSPECT AVE MILWAUKEE WI 53211 Digital Marketing 173056 QA Commons Inc 702 McCorkle Avenue ST HELENA CA 94574 Consulting 109375 US Chamber of Commerce Foundation PO Box 825448 PHILADELPHIA PA 191825448 Consulting 100000 4 1929089 2077158 4006247 CONSULTING SERVICES 900099 392528 392528 SPONSORSHIP INCOME 900099 30000 30000 SEMINAR INCOME 900099 7850 7850 430378 208386 208386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4645011 430378 208386 0 23125 23125 0 0 0 0 0 0 0 0 2682957 2507561 53486 121910 8089 8089 24478 13938 10540 0 0 0 863249 823249 40000 0 43885 37373 6512 23158 23158 0 41691 40993 698 157170 116819 40351 0 212753 210571 2182 0 0 0 3183 3183 BANK FEES AND CHARGES 8726 3948 4778 CONTINUING EDUCATION 5355 4255 1100 4097819 3804990 130919 161910 0 0 5351424 6588520 0 0 1056760 1271812 0 0 0 0 0 0 0 0 22531 5000 0 0 0 0 0 0 0 0 0 0 0 0 6430715 7865332 212358 163363 0 0 39452 5864 0 0 0 0 0 0 0 0 0 0 1932381 2902389 2184191 3071616 X 2450989 2886449 1795535 1907267 4246524 4793716 6430715 7865332 547192 X false true X true false X 570321 311235 317479 3154741 4006247 8360023 0 0 570321 311235 317479 3154741 4006247 8360023 5159735 3200288 21424 8277 42765 179634 208386 460486 0 0 8820509 683061 0.36282 0.40880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERCOMPANY PAYABLE 2902389 2902389 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. true Scholarships 9 23125 Part I, Line 2: SEMI FOUNDATION SUPPORTS STUDENTS WHO DEMONSTRATE THE DESIRED BEHAVIORS IN THE WORKPLACE, AND WHO DEMONSTRATE AN INTEREST AND APTITUDE IN SCIENCE, TECHNOLOGY, AND MATH. THE FOUNDATION AWARDS SCHOLARSHIPS TO ASSIST WITH THEIR EDUCATION. GRANTEES ARE INFORMED OF THE PERMITTED USE OF THE FUNDS AND ARE REQUIRED TO PROVIDE WRITTEN DOCUMENATION OF HOW THE FUNDS WERE USED TO ACCOMPLISH THE GRANT OBJECTIVE PRIOR TO RECEIVING THE FUNDS. SCHOLARSHIPS ARE REPORTED ON THE CASH BASIS. false false false false false false false false false Ajit Manocha Chairman, Pres & CEO 725066 1006950 24576 1431165 42156 3229913 1006950 Kevin Bauer CFO & Treasurer 401212 360000 12328 587700 35883 1397123 360000 Shari Liss Secretary, Executive Director 290577 159000 3334 305700 2539 761150 159000 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 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. 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 SEMI 673 SOUTH MILPITAS BLVD Milpitas CA 95035 941751440 Trade Assoc. CA 501(c)(6) N/A NA false SEMI JAPAN YK 1-4-1 MARUNOUCHI MARUNOUCHI EIRAKU Tokyo Chiyoda-Ku JA Trade Association JA SEMI C 0 0 0.00000 false SEMI SOUTHEAST ASIA PTE LTD 152 BEACH ROAD 0903/ 04 GATEWAY E Singapore SN 189721 Trade Association SN SEMI C 0 0 0.00000 false SEMI MANAGEMENT CONSULTING (SHANGHAI) CO SUITE 803 2ND BUILDING 1158 ZHANG Pudong Shanghai CH 201203 Trade Association CH SEMI C 0 0 0.00000 false SEMI TECH SERVICES INDIA PRIVATE LIMITED DBS HOUSE SUITE 217 26 CUNNINGH BANGALORE IN 560052 Trade Association IN SEMI C 0 0 0.00000 false SEMI ADVANCED TECHNOLOGY ASSOCIATION OF KOREA WORLD TRADE TOWER 4205 1591 Seoul KS 135-729 Trade Association KS SEMI C 0 0 0.00000 false SEMI EUROPE GMBH HELMHOLTZSTRASSE 29 CHARLOTTENBUR Berlin GM 10587 Trade Association GM SEMI C 0 0 0.00000 false false false false false false false false false false false false false false true true true false false false