SRCCO

Private FoundationIRS data 2022–2024

DURHAM, NCEIN 562038762 Website

Annual Giving

$47.1M-21% YoY

Grants

Median Grant

$6.7M

Organizations Funded

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Foundation Overview

Mission

SRC is a world-renowned, high technology-based consortium that serves as a crossroads of collaboration between technology companies, academia, government agencies, and SRC's highly regarded engineers and scientists. Through its interdisciplinary research programs, SRC plays an indispensable role in addressing global challenges, using research and development strategies, and advanced tools and technologies.

Focus Areas

semiconductor researchtechnology industry researchuniversity researchacademic research institutionsresearch and development

Grant Types

research grantsgrants to universities

Funded Initiatives

Since 1982, funded more than $2.5B in research supporting over 16,000 graduate students; $28 million five-year research center at University of Michigan for designing computers of 2025; nCORE program funding collaborative university research in novel computing and storage paradigms; Research Customization Program with minimum $50K per year commitments for three years.

How to Apply

Uses OpenWater software to manage research calls with SRC.org website credentials for login. Students participate through Graduate Fellowship Program or Master's Scholarship Program. New students submit information through web account registration.

Does Not Fund

Access to technical information limited to employees of SRC member companies and participating government agencies; focuses specifically on semiconductor and microelectronics research areas.

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024-21%

$47.1M

Grants

Median

$6.7M

States

2023+61%

$59.6M

Grants

Median

$2.9M

States

2022

$37.0M

Grants

Median

$4.3M

States

Grant Size Distribution

$6.7M

Typical Grant (Median)

$56K

Smallest

$5.0M

25th Pctile

$7.1M

75th Pctile

$11.9M

Largest

Excludes grants ≤ $5K. Half fall between $5.0M and $7.1M.

Largest Recent Grants

$11.9M

2024

Georgia Tech Research Corporation

GA · University Research

$7.6M

2024

The Regents of the Univ of CA San Diego

CA · University Research

$7.0M

2024

The Trustees of the Columbia Univ in NYC

NY · University Research

$6.8M

2024

Cornell University

NY · University Research

$6.7M

2024

The Pennsylvania State University

PA · University Research

Geographic Focus

$13.8M2 grants

$11.9M1 grants

$7.6M1 grants

$6.7M1 grants

$6.4M1 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$44.1M

$47.1M(106.6%)

2023

$38.2M

$59.6M(155.8%)

2022

$42.8M

$37.0M(86.4%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

SciRise maps 4.8M+ grants across 16,000+ foundations to identify which ones are most likely to fund organizations like yours — based on who they already fund, not just what they say they fund.

Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.