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The Cockrell Foundation

Profile

Last Updated: 2016-06-07

At A Glance

The Cockrell Foundation

1000 Main St Ste 3250

Houston, TX United States 77002-6338

Telephone: (713) 209-7500

URL: www.cockrell.com/foundation

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $169,979,813

Total giving: $7,501,984

EIN

746076993

BRIDGE Number

6292754409

Background

Trust established in 1957 in TX; incorporated in 1966 - The Cockrell Trust was created in 1957 by Ernest Cockrell, Jr., an oilman, investor and Houston civic leader. Mr. Cockrell’s primary business was drilling for and producing oil in the Gulf of Mexico and onshore and offshore Texas and Louisiana. In 1966, the trust was converted into a charitable corporation and became known as The Cockrell Foundation. The major gift to The Cockrell Foundation was through a bequest in the will of Ernest Cockrell, Jr., in 1972. The will specified that a major portion of the available funds for distribution each year be given to The University of Texas – Austin College of Engineering. Additional funds were gifted to the Foundation through the will of Mrs. Virginia H. Cockrell.

Purpose and Activities

The foundation gives only one higher education grant to the University of Texas Engineering Foundation. Giving primarily for education, youth activities, health care and medical research, and cultural institutions. The foundation focuses its gifts on groups and institutions that have been important to the Cockrell family in its history as well as important to the history of Houston and Texas.

Fields of Interest

Subjects
  • Arts and culture
  • Child welfare
  • Christianity
  • Diseases and conditions
  • Domestic violence
  • Health
  • Higher education
  • Hospital care
  • Human services
  • Museums
Population Groups
  • Academics
  • Adolescents
  • Baptists
  • Children and youth
  • Christians
  • Females
  • Low-income and poor people
  • People with disabilities
  • Protestants
  • Seniors
  • Students

Financial Data

Year ended 2014-12-31

Assets: $169,979,813 (market value)

Expenditures: $9,176,660

Total giving: $7,501,984

Qualifying distributions: $7,566,564