Roy Cockrum Foundation
- Assets
- $0.0
- Revenue
- $5.3m
- Investments
- $50.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2014
- Data as of
- 12/2021
- 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 12/2021, Roy Cockrum Foundation generated $5.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roy Cockrum Foundation has awarded 26 individual grants totaling $7,642,420. 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 |
|---|---|---|---|
Roy E Cockrum Dir, Chair, Pres | 30 | $0 | |
Kenneth Y Elliott Sec, Dir | 5 | $17,500 | |
Benita Hofstetter Koman Dir | 5 | $8,750 | |
Frazier Wyatt Marsh Dir | 5 | $17,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/22 | $110,606 |
Morgan Creek Capital Management Llc | 12/30/22 | $1,375,593 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,777 |
| Dividends & Interest | $1,417,136 |
| Profit on Inventory Sales | $0 |
| Other Income | $378,393 |
| Total Revenue | $5,326,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,500 |
| Pension plans, employee benefits | $25,058 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,259 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,560,461 |
| Contributions, gifts, grants paid | $2,811,665 |
| Total expenses and disbursements | $4,372,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,387,877 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Roy Cockrum Foundation has awarded $3,260,802 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIENNE ARSHT CENTER TRUST INC PURPOSE: THE HEAD AND THE LOAD FUND | $1,050,000 |
CHICAGO THEATRE GROUP INC PURPOSE: FUNDS FOR SWING STATE AND THE CHERRY ORCHARD, DIRECTED BY ROBERT FALLS | $1,500,000 |
HIGHWAYS INC PURPOSE: EMERGENCY RESPONSE FUND | $46,400 |
MOSAIC THEATER COMPANY OF DC PURPOSE: THE TILL TRILOGY FUND | $354,402 |
MOSAIC THEATER COMPANY OF DC PURPOSE: THE TILL TRILOGY FUND | $110,000 |
PLAYWRIGHTS HORIZONS INC PURPOSE: DOWNSTATE BY BRUCE NORRIS AT PLAYWRIGHTS HORIZONS | $200,000 |