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North Carolina · Public charity

Srcco

SRCCO, as a controlled affiliate of the semiconductor research corporation ("src"), funds and operates programs of university-based research centers focused on microelectronic technology that benefits both private industry and u.s. Defense capabilities.

$47M
Granted FY2024(still arriving)
8
Grants FY2024
12
Organizations funded FY2023
25%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$6,797,785
Largest grant, FY2024
$11,915,919
Organizations funded a year
5 to 18
FY2017 to FY2023
States reached, FY2024
7
Total assets, FY2024
$44M

How open it is to new grantees

In FY2023, 25% of the organizations Srcco funded were first-time grantees, receiving 29% of its grant dollars.

New vs renewed · share of each year

In FY2023, 71% of grant dollars renewed an existing relationship; $15M went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
EducationHealthOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving7$40M0%
FY202312$50M25%
FY20229$28M0%
FY20219$35M0%
FY202018$38M6%
FY201917$38M0%
FY201817$27M82%
FY20175$28Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Science & Tech$345MEducation$5.8M

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
IL
MI
NY
MA
IN
OH
PA
NJ
CA
NE
VA
AZ
DC
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Trustees of Purdue University$39,283,4756n/a
University of California Santa Barbara$36,063,9596n/a
Regents of the University of Michigan$35,854,9058n/a
Carnegie Mellon University$31,180,11460%
Rector & Visitors of the University of Virginia$29,364,4146n/a
Georgia Tech Research Corporation$23,982,20453%
The Board of Trustees of the University of Illinois$18,028,9133n/a
Regents of the University of California at San Diego$15,200,0002n/a
Cornell University$14,584,09650%
Pennsylvania State University$13,400,0002n/a
Show all 23 grantees
All grantees of Srcco by total granted
GranteeTotal grantedYearsShare of their budget
Trustees of Purdue University$39,283,4756n/a
University of California Santa Barbara$36,063,9596n/a
Regents of the University of Michigan$35,854,9058n/a
Carnegie Mellon University$31,180,11460%
Rector & Visitors of the University of Virginia$29,364,4146n/a
Georgia Tech Research Corporation$23,982,20453%
The Board of Trustees of the University of Illinois$18,028,9133n/a
Regents of the University of California at San Diego$15,200,0002n/a
Cornell University$14,584,09650%
Pennsylvania State University$13,400,0002n/a
University of Minnesota$12,043,1136n/a
Regents Univ of California$6,040,3851n/a
Regents of the University of California at Berkeley$5,105,0697n/a
Board of Regents of the University of Nebraska$1,190,9063n/a
National Science Foundation$800,0002n/a
Arizona State University$352,4623n/a
The George Washington University$250,01230%
The Trustees of Princeton University$167,01630%
University of Massachusetts$160,5733n/a
University of Central Florida$142,5553n/a
Georgia Tech Foundation Inc$135,00050%
University of Texas$80,0003n/a
The Ohio State University$69,9323n/a

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Compare Srcco with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Srcco?

Find your warmest path to Srcco through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Srcco

How much does Srcco give?
Srcco reported 8 grants totaling $47,057,336 in its FY2024 IRS filing. It funded between 5 and 18 organizations a year over FY2017 to FY2023.
What does Srcco fund?
By grant dollars over FY2017 to FY2024, its largest causes are Science & Tech (98%), Education (2%).
Who are Srcco's largest grantees?
By total granted over FY2017 to FY2024: Trustees of Purdue University ($39M), University of California Santa Barbara ($36M), Regents of the University of Michigan ($36M).
Does Srcco fund new organizations?
In FY2023, 25% of the organizations it funded were first-time grantees.
Where is Srcco based?
Srcco is based in NC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 27 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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