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The Cockrell Foundation

HOUSTON, TX EIN: 74-6076993 Website

The Cockrell Foundation is a private charitable corporation based in Houston, Texas, established to provide financial support to nonprofit organizations. The foundation was created in 1957 as the Cockrell Trust by Ernest Cockrell, Jr., an oilman, investor, and Houston civic leader whose primary business involved drilling for and producing oil in the Gulf of Mexico and onshore and offshore Texas and Louisiana. The trust was converted into a charitable corporation in 1966. The foundation's major endowment came through a bequest in Ernest Cockrell, Jr.'s will in 1972.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$176.7M

+13.3% YoY

Annual Giving

$10.8M

+2.8% YoY

Grant Count

18

-25.0% YoY

Avg Grant Size

$600K

+37.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Cockrell Foundation provides financial support for charitable organizations, primarily in the Houston area, with focus on:

  • Higher education
  • Health care and medical research
  • Youth activities
  • Cultural institutions
  • Arts
  • Civic and human services

The foundation specifically supports scholarships and professorial and academic chairs through an annual endowment grant to The University of Texas at Austin Cockrell School of Engineering. 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.

Grantmaking

The foundation makes grants for:

Grant Range

$500 to $4,400,000

Average Grant

$103–$4,373,405

Review Cycle

; requests accepted throughout the year

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

Grants are made primarily in Houston, Texas. No grants are made to organizations outside of the United States or outside of Texas unless the purpose of the grant is to benefit a Houston, Texas project. Limited funds are available for grants outside of Houston, and such grant requests are discouraged.

Grant Distribution by State

2states

Cities

AlvinAustinBellaireBrookshireCollege StationHitchcockHoustonWashingtonWeslaco

Financial History

Multi-year comparison from IRS filings

Assets:

  • Total assets: $176,651,747 (2024)
  • Total assets: $155,936,932 (2023)

Annual Activity:

  • Total giving: $10,808,776 (2024)
  • Total giving: $10,617,553 (2023)
  • Total revenues: $10,617,553 (2023)
  • Total expenses: $13,060,173 (2023)

Number of Employees: 0

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$19M$28M$37M20202021202220232024
Metric202420232022
Total Assets$176,651,747$155,936,932$157,115,540
Revenue$34,000,894$10,617,553$13,267,048
Expenses$13,286,079$13,060,173$14,650,843
Qualifying Distributions$10,991,211$10,667,388$11,623,307
Net Investment Income$31,923,920$8,709,048$9,933,665
Distributable Amount$11,821,945$10,958,332$10,649,787

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$11M23 grants202026 grants202128 grants202224 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Texas Foun…$4.0MMD Anderson Cancer Center$3.2MMethodist Hospital Found…$1.7MHouston Museum of Natura…$1.7MKids' Meals Inc$30KUniversity of Texas Foun…$24KGrace Bible Church$20KHermann Park Conservancy$20KHouston's Amazing Place …$20KKinkaid School Inc$20K

Grant Size Distribution

119 grants across all recorded years

94<$50K$50–100K$100–250K2$250–500K1$500K–1M22$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by trustees including Ernest H. Cockrell, M. Nancy Williams, and Sherrie J. Reinhackel.

Compensation Overview

From 2024 IRS filing

Stephanie CockrellExecutive Director$120KSherrie J ReinhackelVice President/Dir$20KTracy K PayneTreasurer/Dir$20KMargaret N BakerSecretary$20K

From 2024 filing

NameTitleHoursCompensation
Ernest H CockrellPresident/Dir2
David A CockrellDirector1
Ernest D CockrellDirector1
Janet S CockrellDirector1
Stephanie CockrellExecutive Director1$120,000
Frederick W BrazeltonDirector1
W McComb DunwoodyDirector1
J Webb Jennings IIIDirector1
Ronald T NixonDirector1
Sherrie J ReinhackelVice President/Dir1$20,000
Tracy K PayneTreasurer/Dir1$20,000
Margaret N BakerSecretary1$20,000

Recent Grant Recipients

Recent developments and announcements

Recent grants have included support for:

2023

The University of Texas Foundation: $3,908,058 for endowment grant for scholarships and chairs (2023)

2023

MD Anderson Cancer Center: $2,130,936 to support the Physician-Scientist Program (2023)

2023

Houston Museum of Natural Science: $2,130,936 to support the Virginia and Ernest Cockrell, Jr. Permanently Restricted Endowment (2023)

Houston Methodist Research Institute

Visionary Gifts - Houston Methodist

University of Texas MD Anderson Cancer Center

Various Houston-area organizations including churches, food banks, youth organizations, and cultural institutions

Contact Information

Address: 3737 Buffalo Speedway, Suite 1100, Houston, TX 77098

Phone: 713-209-7500

Website: www.cockrellfoundation.org

EIN: 74-6076993

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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