Cockrell Foundation
- Assets
- $0.0
- Revenue
- $29.5m
- Investments
- $147.4m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/1966
- Data as of
- 12/2021
- EIN
- 74-6076993
Organization Overview
Cockrell Foundation is located in Houston, TX. The organization was established in 1966. 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. Cockrell 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, Cockrell Foundation generated $29.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $12.1m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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 2015, Cockrell Foundation has awarded 239 individual grants totaling $71,710,519. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest H Cockrell President/dir | 2 | $0 | |
David A Cockrell Director | 1 | $0 | |
Ernest D Cockrell Director | 1 | $0 | |
Janet S Cockrell Director | 1 | $0 | |
Milton T Graves Director | 1 | $0 | |
J Webb Jennings III Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Asset Consulting Group Llc | 12/30/22 | $152,624 |
William Blair Investment Management | 12/30/22 | $133,836 |
Integrity Asset Management | 12/30/22 | $173,313 |
Aristotle Capital Management Llc | 12/30/22 | $158,137 |
Brown Advisory | 12/30/22 | $191,187 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,813 |
| Dividends & Interest | $2,901,858 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,270,450 |
| Total Revenue | $29,505,173 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,821 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,851,073 |
| Contributions, gifts, grants paid | $9,258,078 |
| Total expenses and disbursements | $12,109,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $52,748,226 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cockrell Foundation has awarded $11,491,352 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BEATRICE MAYES INSTITUTE PURPOSE: GENERAL SUPPORT | $5,000 |
CHAPELWOOD UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $20,000 |
EPISCOPAL HIGH SCHOOL PURPOSE: GENERAL SUPPORT AND SUPPORT FOR THE BASEBALL PROGRAM | $4,500 |
FREE ENTERPRISE INSTITUTE PURPOSE: SUPPORT THE 2022 ANNUAL FREEDOM FUND | $35,000 |
HABITAT FOR HORSES INC PURPOSE: SUPPORT FOR FEED FOR THE HORSES | $5,000 |
HOUSTON MUSEUM OF NATURAL SCIENCE PURPOSE: SUPPORT FOR THE VIRGINIA AND ERNEST COCKRELL, JR. PERMANENTLY RESTRICTED ENDOWMENTS | $2,127,793 |