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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$44.1M
+15.4% YoY
Annual Giving
$47.1M
-21.0% YoY
Grant Count
8
-46.7% YoY
Avg Grant Size
$5.9M
+48.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,126,161 | $38,241,286 | $42,830,224 |
| Revenue | $53,548,337 | $44,484,022 | $45,012,595 |
| Expenses | $50,262,472 | $61,911,717 | $39,505,984 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $617,389 | $403,897 | $132,698 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Srcco fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD YOUNKIN | PRESIDENT & CEO | 17 | $285,029 |
| DAVID HENSHALL | VP OF BUSINESS DEVELOPMENT | 16 | $107,131 |
| KAREN DI SPIGNA | CHIEF ACCOUNTING OFFICER | 19 | $89,691 |
| ADAM KNAPP | PROGRAM MANAGER | 29 | $111,941 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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