Roy Cockrum Foundation
- Assets
- $0.0
- Revenue
- $5.0m
- Investments
- $49.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2014
- Data as of
- 12/2020
- EIN
- 30-0839745
Organization Overview
Roy Cockrum Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roy Cockrum Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Roy Cockrum Foundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $3.0m during the year ending 12/2020. While expenses have increased by 6.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roy Cockrum Foundation has awarded 20 individual grants totaling $4,381,618. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Y Elliott Sec, Dir | 5 | $17,500 | |
Frazier Wyatt Marsh Dir | 5 | $10,000 | |
Roy E Cockrum Dir, Chair, Pres | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/21 | $108,264 |
Morgan Creek Capital Management Llc | 12/30/21 | $519,544 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,288 |
| Dividends & Interest | $1,756,034 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,001 |
| Total Revenue | $4,958,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,500 |
| Pension plans, employee benefits | $31,039 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,992 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,441,749 |
| Contributions, gifts, grants paid | $1,569,953 |
| Total expenses and disbursements | $3,011,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,456,685 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Roy Cockrum Foundation has awarded $2,811,665 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: DEVELOPMENT AND PRODUCTION OF THE HANG | $850,000 |
San Diego, CA PURPOSE: HENRY VI | $677,500 |
YALE UNIVERSITY - SCHOOL OF DRAMA PURPOSE: DEVELOPMENT AND FULL PRODUCTION OF BETWEEN TWO KNEES BY THE 1491S | $538,023 |
New York, NY PURPOSE: GOD'S FOOL | $250,000 |
Sarasota, FL PURPOSE: ADDITIONAL FUNDING FOR THE PRODUCTION OF KNOXVILLE | $196,142 |
New York, NY PURPOSE: NYTW'S WORLD PREMIERE PRODUCTION OF ON SUGARLAND | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |