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The Cullen Foundation

Profile

Last Updated: 2016-05-11

At A Glance

The Cullen Foundation

601 Jefferson St., 40th Fl.

Houston, TX United States 77002-7900

Telephone: (713) 651-8837

URL: www.cullenfdn.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $281,536,194

Total giving: $12,410,000

EIN

760647361

BRIDGE Number

3714450019

Additional Contact Information

E-mail for Alan M. Stewart: astewart@cullenfdn.org; e-mail for Sue A. Alexander: salexander@cullenfdn.org

Background

Trust established in 1947 in TX - Mr. Cullen made his fortune in the oil industry during the 1920s; the trust was created from a portion of his oil and gas property, with an estimated future net revenue of $160 million. Mr. and Mrs. Cullen were largely responsible for the growth of the University of Houston and were also known for their major contributions toward health and education in Texas Most of the foundation's officers and trustees are related to the donors. Their grandson, Roy H. Cullen, currently serves as president of the foundation. Isaac Arnold, Jr. and Wilhelmina E. Robertson are the donors' grandchildren In 1979, the foundation established three trusts: the Cullen Trust for Higher Education, the Cullen Trust for Health Care, and the Cullen Trust for the Performing Arts. Classified by the IRS as a public charity, each of the trusts has its own board of directors and supports a specific area of charity (higher education, health care, and performing arts) in Texas

Purpose and Activities

Giving for charitable, educational, medical, and other eleemosynary purposes; grants for hospitals, medical research, including eye research, and higher education; support also for music, the performing arts, social services, drug abuse prevention, community funds, and conservation.

Fields of Interest

Subjects
  • Arts and culture
  • Diseases and conditions
  • Education
  • Health
  • Hospital care
  • Human services
Population Groups
  • Academics
  • Children and youth
  • Homeless people
  • Students
Organizations
  • Associations

Financial Data

Year ended 2014-12-31

Assets: $281,536,194 (market value)

Expenditures: $14,954,314

Total giving: $12,410,000

Qualifying distributions: $12,962,703