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    Srcco

    ActiveCommunity Improvement
    DURHAM, NCWebsite9199419400EIN: 56-2038762

    About Srcco

    SRC is a high-technology consortium that funds and manages collaborative semiconductor research between industry, academia, and government to drive innovation, develop the workforce, and advance sustainable semiconductor technologies.

    Focus Areas

    SemiconductorsMicroelectronicsUniversity researchWorkforce development and student programsSustainable/energy-efficient computingAI and hardware systems

    Who They Fund

    universities / academic researchersgraduate students and postdoctoral researcherssemiconductor/technology industry partners

    Funding Style

    research project fundingindustry-academic collaboration

    About Srcco

    Srcco’s recent giving is built around large collaborative university research awards in semiconductors and microelectronics. The biggest grants on file go to Georgia Tech Research Corporation, with awards of $11,944,484 in 2024 and $11,915,919 in 2025 for university research. That pattern continues across other major research universities, including The Regents of the University of California San Diego at $7,600,000 in both 2024 and 2025 and The Trustees of the Columbia Univ in NYC at $6,997,558 in 2024 and $6,980,176 in 2025. The scale of the awards shows a funder working through multiyear, project-based commitments rather than small episodic support. The foundation’s grantmaking centers on research that connects academia, industry, and government in semiconductor technology. Recent recipients also include Cornell University, The Pennsylvania State University, and The Board of Trustees of the Univ of IL, each receiving multimillion-dollar support for university research. The recurring pattern across the grant list points to sustained support for research centers, applied R&D, and talent development within the semiconductor ecosystem.

    What Srcco Funds

    Srcco gives across a tight cluster of semiconductor-related research themes. In microelectronics and advanced packaging, it supported The Regents of the University of California San Diego with $7,600,000 for university research and The Board of Trustees of the Univ of IL with $6,407,419 for university research. Workforce development also appears through undergraduate and student research pathways. The foundation awarded $600,000 to the National Science Foundation for university research, and its active programs include Research Experience for Undergrads and NSF REU partnerships tied to semiconductor sciences. The portfolio also reaches into broader university research in the semiconductor/technology industry. Cornell University received $6,895,103 in 2024 and $6,797,785 in 2025, while The Trustees of the Columbia Univ in NYC received $6,997,558 in 2024 and $6,980,176 in 2025.

    How Srcco Gives

    Srcco’s typical grant size is large: the 25th percentile is $1,219,324, the median is $4,471,395, and the 75th percentile is $6,773,339. The recent grant list shows repeated awards to the same universities across multiple years, including Georgia Tech Research Corporation, The Regents of the University of California San Diego, Cornell University, and The Trustees of the Columbia Univ in NYC. That pattern suggests multiyear support for ongoing research centers and projects. Srcco is classified as a Pure DAF Provider, does not fund individuals, and does not make program-related investments. Some active programs accept unsolicited proposals, including JUMP 2.0 and Global Research Collaboration.

    Financial Snapshot

    Annual Giving

    $47.1M

    Total Assets

    $44.1M

    Total Revenue

    $53.5M

    Total Expenses

    $50.3M

    Typical Grant Size

    Most grants fall between $1.2M and $6.8M, with a median of $4.5M.

    25th Percentile

    $1.2M

    Median

    $4.5M

    75th Percentile

    $6.8M

    Geographic Reach

    National10 states funded

    About 0% of grants go to recipients in CA.

    Funding intensity
    Low
    High
    Headquarters

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    3 filings on record
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    applied R&D
    capacity building (research infrastructure)

    Topics

    semiconductor researchmicroelectronics and integrated circuitsnanofabrication and materials scienceadvanced manufacturing for technology hardwaretechnology commercialization/translation

    Where Srcco Makes Grants

    Srcco gives nationally, and every recent grant in the sample went to U.S. recipients. California appears frequently, including Atlanta- and La Jolla-based grant records in the dataset, plus Santa Barbara and Stanford entries tied to California universities. Other recurring locations include New York, Pennsylvania, Illinois, Indiana, Virginia, Michigan, and Minnesota. By grant count, California is the top state for recipient organizations, while North Carolina accounts for 0% of grants in the sample.

    Frequently Asked Questions About Srcco

    What kinds of research does Srcco fund?

    Srcco funds semiconductor and microelectronics research, including advanced packaging, heterogeneous integration, energy-efficient materials and devices, semiconductor design, and semiconductor manufacturing. The active program list also includes university research, workforce development, and student research experiences tied to these technical areas.

    How large are Srcco’s grants?

    The middle of Srcco’s recent giving is in the multimillion-dollar range. Typical grant size is $1,219,324 at the 25th percentile, $4,471,395 at the median, and $6,773,339 at the 75th percentile.

    Does Srcco fund the same recipients more than once?

    Yes. The recent grants list shows repeated awards to the same institutions across multiple years, including Georgia Tech Research Corporation, The Regents of the University of California San Diego, Cornell University, and The Trustees of the Columbia Univ in NYC.

    Can organizations submit unsolicited proposals?

    Some active programs accept unsolicited proposals. JUMP 2.0 and Global Research Collaboration are listed with Accepts unsolicited: True, while the Research Experience for Undergrads program is listed as False.

    What countries receive Srcco grants?

    The recent grant sample is entirely U.S.-based: 34 grants, or 100.0%, went to recipients in the United States.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    Georgia Tech Research CorporationAtlanta, GA$11,915,9192025University Research
    The Regents of the Univ of CA San DiegoLa Jolla, CA$7,600,0002025University Research
    The Trustees of the Columbia Univ in NYCNew York, NY$6,980,1762025University Research
    Cornell UniversityIthaca, NY$6,797,7852025University Research
    The Pennsylvania State UniversityUniv Park, PA$6,700,0002025University Research
    The Board of Trustees of the Univ of ILUrbana, IL$6,407,4192025University Research
    National Science FoundationAlexandria, VA$600,0002025University Research
    The Regents of the Univ of MichiganAnn Arbor, MI$56,0372025University Research
    GEORGIA TECH RESEARCH CORPORATIONATLANTA, GA$11,944,4842024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE REGENTS OF THE UNIV OF CALIFORNIA SAN DIEGOLA JOLLA, CA$7,600,0002024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE TRUSTEES OF THE COLUMBIA UNIV IN NYCNEW YORK, NY$6,997,5582024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    CORNELL UNIVERSITYITHACA, NY$6,895,1032024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE PENNSYLVANIA UNIVERSITYUNIV PARK, PA$6,700,0002024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE BOARD OF TRUSTEES OF THE UNIV OF ILURBANA, IL$6,270,5822024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    UNIVERSITY OF NOTRE DAMENOTRE DAME, IN$2,951,6542024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA- SANTASANTA BARBARA, CA$2,902,1842024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    PURDUE UNIVERSITYWEST LAFAYETTE, IN$2,361,6752024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE REGENTS OF THE UNIVERSITY OF MICHIGANANN ARBOR, MI$1,997,3432024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE RECTORS AND VISITORS OF THE UNIV OF VACHARLOTTESVILLE, VA$1,580,6482024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    CARNEGIE MELLON UNIVERSITYPITTSBURGH, PA$1,098,8822024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    NATIONAL SCIENCE FOUNDATIONALEXANDRIA, VA$200,0002024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    STANFORD UNIVERSITYSAN FRANCISCO, CA$44,5582024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA- BERKEBERKELEY, CA$30,0002024UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
    University of Notre DameNotre Dame, IN$6,958,3032023university research in the semiconductor/technology industry
    The Regents of the University of California- SantaSanta Barbara, CA$6,244,4142023university research in the semiconductor/technology industry
    Purdue UniversityWest Lafayette, IN$5,885,6442023university research in the semiconductor/technology industry
    Carnegie Mellon UniversityPittsburgh, PA$5,023,1282023university research in the semiconductor/technology industry
    The Rectors and Visitors of the Univ of VACharlottesville, VA$4,616,7502023university research in the semiconductor/technology industry
    The Regents of the University of MichiganAnn Arbor, MI$4,326,0402023university research in the semiconductor/technology industry
    Stanford UniversitySan Francisco, CA$1,941,5352023university research in the semiconductor/technology industry
    University of MinnesotaMinneapolis, MN$1,912,9202023university research in the semiconductor/technology industry
    The Regents of the University of California- BerkeBerkeley, CA$35,0002023university research in the semiconductor/technology industry
    Georgia Tech FoundationAtlanta, GA$35,0002023university research in the semiconductor/technology industry
    The University of Texas at AustinAustin, TX$20,0002023university research in the semiconductor/technology industry

    Georgia Tech Research Corporation

    $11,915,919
    Atlanta, GA2025

    University Research

    The Regents of the Univ of CA San Diego

    $7,600,000
    La Jolla, CA2025

    University Research

    The Trustees of the Columbia Univ in NYC

    $6,980,176
    New York, NY2025

    University Research

    Cornell University

    $6,797,785
    Ithaca, NY2025

    University Research

    The Pennsylvania State University

    $6,700,000
    Univ Park, PA2025

    University Research

    The Board of Trustees of the Univ of IL

    $6,407,419
    Urbana, IL2025

    University Research

    National Science Foundation

    $600,000
    Alexandria, VA2025

    University Research

    The Regents of the Univ of Michigan

    $56,037
    Ann Arbor, MI2025

    University Research

    GEORGIA TECH RESEARCH CORPORATION

    $11,944,484
    ATLANTA, GA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE REGENTS OF THE UNIV OF CALIFORNIA SAN DIEGO

    $7,600,000
    LA JOLLA, CA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE TRUSTEES OF THE COLUMBIA UNIV IN NYC

    $6,997,558
    NEW YORK, NY2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    CORNELL UNIVERSITY

    $6,895,103
    ITHACA, NY2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE PENNSYLVANIA UNIVERSITY

    $6,700,000
    UNIV PARK, PA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE BOARD OF TRUSTEES OF THE UNIV OF IL

    $6,270,582
    URBANA, IL2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    UNIVERSITY OF NOTRE DAME

    $2,951,654
    NOTRE DAME, IN2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA- SANTA

    $2,902,184
    SANTA BARBARA, CA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    PURDUE UNIVERSITY

    $2,361,675
    WEST LAFAYETTE, IN2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE REGENTS OF THE UNIVERSITY OF MICHIGAN

    $1,997,343
    ANN ARBOR, MI2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE RECTORS AND VISITORS OF THE UNIV OF VA

    $1,580,648
    CHARLOTTESVILLE, VA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    CARNEGIE MELLON UNIVERSITY

    $1,098,882
    PITTSBURGH, PA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    NATIONAL SCIENCE FOUNDATION

    $200,000
    ALEXANDRIA, VA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    STANFORD UNIVERSITY

    $44,558
    SAN FRANCISCO, CA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA- BERKE

    $30,000
    BERKELEY, CA2024

    UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY

    University of Notre Dame

    $6,958,303
    Notre Dame, IN2023

    university research in the semiconductor/technology industry

    The Regents of the University of California- Santa

    $6,244,414
    Santa Barbara, CA2023

    university research in the semiconductor/technology industry

    Purdue University

    $5,885,644
    West Lafayette, IN2023

    university research in the semiconductor/technology industry

    Carnegie Mellon University

    $5,023,128
    Pittsburgh, PA2023

    university research in the semiconductor/technology industry

    The Rectors and Visitors of the Univ of VA

    $4,616,750
    Charlottesville, VA2023

    university research in the semiconductor/technology industry

    The Regents of the University of Michigan

    $4,326,040
    Ann Arbor, MI2023

    university research in the semiconductor/technology industry

    Stanford University

    $1,941,535
    San Francisco, CA2023

    university research in the semiconductor/technology industry

    University of Minnesota

    $1,912,920
    Minneapolis, MN2023

    university research in the semiconductor/technology industry

    The Regents of the University of California- Berke

    $35,000
    Berkeley, CA2023

    university research in the semiconductor/technology industry

    Georgia Tech Foundation

    $35,000
    Atlanta, GA2023

    university research in the semiconductor/technology industry

    The University of Texas at Austin

    $20,000
    Austin, TX2023

    university research in the semiconductor/technology industry