Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
The Cockrell Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)3737 Buffalo Speedway 1100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77098
A Employer identification number

74-6076993
B Telephone number (see instructions)

(713) 209-7500
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$248,596,124J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 381,218 381,218  
4 Dividends and interest from securities... 2,446,329 2,446,329  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
28,352,840
b Gross sales price for all assets on line 6a 83,377,002
7 Capital gain net income (from Part IV, line 2)... 28,304,440
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,820,507 2,799,515  
12 Total. Add lines 1 through 11........ 34,000,894 33,931,502  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
2,399 0   2,399
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,000 3,500   5,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,104,602 960,602   144,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
291,441 136,441   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,737 0   6,737
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,061,124 907,039   23,799
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,477,303 2,007,582   182,435
25 Contributions, gifts, grants paid....... 10,808,776 10,808,776
26 Total expenses and disbursements. Add lines 24 and 25 13,286,079 2,007,582   10,991,211
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,714,815
b Net investment income (if negative, enter -0-) 31,923,920
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 9,272,919 8,340,079 8,340,079
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 22,246 18,184 18,184
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 99,874,290 Click to see attachment
List of Attached Documents:
// Content
123,636,935 		171,157,900
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow2,745
Less: accumulated depreciation (attach schedule) right arrow   2,745 2,745 24,472
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 46,764,732 Click to see attachment
List of Attached Documents:
// Content
44,653,804 		69,055,489
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 155,936,932 176,651,747 248,596,124
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 155,936,932 176,651,747
29 Total net assets or fund balances (see instructions)..... 155,936,932 176,651,747
30 Total liabilities and net assets/fund balances (see instructions). 155,936,932 176,651,747
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
155,936,932
2
Enter amount from Part I, line 27a .....................
2
20,714,815
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
176,651,747
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
176,651,747
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly traded securities P    
b From Schedule K-1 (Form 1065) P    
c Capital gain distributions P    
d Gain on disposition of partnership interest P    
e Settlement proceeds P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 78,314,362   55,024,162 23,290,200
b 3,236,606     3,236,606
c 1,666,279     1,666,279
d 105,686     105,686
e 5,669     5,669
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       23,290,200
b       3,236,606
c       1,666,279
d       105,686
e       5,669
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 28,304,440
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 443,742
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 443,742
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 443,742
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 162,826
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 340,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 502,826
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 4,024
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 55,060
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow55,060 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTX
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.cockrellfoundation.org
14
The books are in care ofright arrowTracy Kirkland Payne Telephone no.right arrow (713) 209-7500

Located atright arrow3737 Buffalo Speedway 1100HoustonTX ZIP+4right arrow77098
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Ernest H CockrellClick to see attachment
List of Attached Documents:
// Content
President/Dir
2.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
David A Cockrell Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Ernest D Cockrell Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Janet S Cockrell Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Stephanie Cockrell Executive Director
1.00 		120,000 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Frederick W Brazelton Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
W McComb Dunwoody Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
J Webb Jennings III Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Ronald T Nixon Director
1.00 		0 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Sherrie J Reinhackel Vice President/Dir
1.00 		20,000 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Tracy K Payne Treasurer/Dir
1.00 		20,000 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
Margaret N Baker Secretary
1.00 		20,000 0 0
3737 Buffalo Speedway 1100
Houston,TX77098
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Integrity Asset Management Investment management 201,961
1340 Depot Street Suite 201
Rocky River,OH44116
Asset Consulting Group LLC Investment management 167,587
231 South Bemiston Avenue 14th Fl
St Louis,MO63105
William Blair Investment Management Investment management 162,993
666 Fifth Ave 14th Floor
New York,NY10103
Brown Advisory Investment management 160,549
901 S Bond St Ste 400
Baltimore,MD21231
Aristotle Capital Management Investment management 148,451
11100 Santa Monica Blvd Ste 1700
Los Angeles,CA90025
Total number of others receiving over $50,000 for professional services.............right arrow1
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
176,010,251
b
Average of monthly cash balances.......................
1b
10,819,365
c
Fair market value of all other assets (see instructions)................
1c
62,219,860
d
Total (add lines 1a, b, and c).........................
1d
249,049,476
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
249,049,476
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,735,742
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
245,313,734
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
12,265,687
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
12,265,687
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
443,742
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
443,742
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,821,945
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
11,821,945
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
11,821,945
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
10,991,211
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,991,211
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 11,821,945
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 10,808,776
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 10,991,211
a Applied to 2023, but not more than line 2a 10,808,776
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 182,435
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		11,639,510
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Margaret Baker The Cockrell Foundat
3737 Buffalo Speedway 1100
Houston,TX77098
(713) 209-7500
www.cockrellfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
The Cockrell Foundation accepts online grant applications only. See the Foundation's website (www.cockrellfoundation.org) for the specific information requested to be included with an application.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Grants are made primarily in Houston, Texas. No grants are made to organizations outside of the US or out 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.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Grace Bible Church

6325 Hurst St
Houston,TX77008 		N/A PC General support 20,000

Hermann Park Conservancy

1700 Hermann Dr
Houston,TX77004 		N/A PC Support art installation and education programs with HMNS 20,000

Houston Food Bank

535 Portwall St
Houston,TX77029 		N/A PC General support - matching program 103

Houston Museum of Natural Science

5555 Hermann Park Dr
Houston,TX77030 		N/A PC Support the Virginia and Ernest Cockrell, Jr. Permanently Restricted Endowment 10,000

Houston Museum of Natural Science

5555 Hermann Park Dr
Houston,TX77030 		N/A PC Support the Virginia and Ernest Cockrell, Jr. Permanently Restricted Endowment 1,683,232

Houston's Amazing Place Inc

3735 Drexel Dr
Houston,TX77027 		N/A PC Amazing Together Campaign, grow scholarship fund, build endowment 20,000

Kids' Meals Inc

330 Garden Oaks Blvd
Houston,TX77018 		N/A PC General support - matching program 4,050

Kids' Meals Inc

330 Garden Oaks Blvd
Houston,TX77018 		N/A PC General support 30,000

Kinkaid School Inc

201 Kinkaid School Dr
Houston,TX77024 		N/A PC Support the All-In Campaign 20,000

MD Anderson Cancer Center

PO Box 4486
Houston,TX77210 		N/A GOV Support the Virginia Harris Cockrell Presidential Initiative Fund Endowment 3,193,232

Methodist Hospital Foundation

PO Box 4384
Houston,TX77210 		N/A SO I Support the Virginia and Ernest Cockrell, Jr. Permanently Restricted Endowment 1,693,232

Second Baptist Church

6400 Woodway Dr
Houston,TX77057 		N/A PC Support Second Loves Kids 20,000

The Brookwood Community Inc

1752 FM 1489
Brookshire,TX77423 		N/A PC Support Frank Tucker's Team 20,000

The Philanthropy Roundtable Inc

1120 20th St NW Ste 400N
Washington,DC20036 		N/A PC General operating support 10,000

The WorkFaith Connection

4555 Dacoma St Ste 200
Houston,TX77092 		N/A PC General support 20,000

University of Texas Foundation

9011 Mountain Ridge Dr Ste 150
Austin,TX78761 		N/A PC Support the CSE Engineering Advisory Board Dean's Fund 5,000

University of Texas Foundation

9011 Mountain Ridge Dr Ste 150
Austin,TX78759 		N/A PC Support the Cockrell Scholars Dinner 23,764

University of Texas Foundation

9011 Mountain Ridge Dr Ste 150
Austin,TX78761 		N/A PC Support Cockrell Endowments scholarships and professorships 4,016,163
Total .................................right arrow 3a 10,808,776
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 381,218  
4 Dividends and interest from securities ....     14 2,446,329  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 48,400 18 28,304,440  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPassthrough K-1 income 		525990 20,992 14 2,024,017  
bOil & gas royalties     15 775,498  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 69,392 33,931,502 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
34,000,894
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
The Cockrell Foundation
EIN:
74-6076993
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax complaince fees 11,000 3,500   5,500

TY 2024 CompensationExplanation
Name:
The Cockrell Foundation
EIN:
74-6076993
Person Name Explanation
Stephanie Cockrell Sherrie Reinhack The Cockrell Foundation paid $180,000 reported on Part I, Line 16c, to Cockrell Interests LLC for ordinary and necessary personal services performed for the Foundation during the tax year. Stephanie Cockrell, Sherrie Reinhackel, Tracy Payne, and Margaret Baker are employed by Cockrell Interests LLC. These individuals are not employed or compensated by the Foundation, and the service fee is not paid to these individuals directly. The amounts reported for these individuals in Part VII, Line 1 are the estimated amounts of the service fee attributed to these individuals for services performed for the Foundation. The Foundation is making this disclosure pursuant to revised IRS guidance per Announcement 2021-18.

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 GainLossSaleOtherAssetsSch
Name:
The Cockrell Foundation
EIN:
74-6076993
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
From Schedule K-1 - UBTI   Purchased     48,400   Cost 0 48,400  

TY 2024 InvestmentsCorpStockSchedule
Name:
The Cockrell Foundation
EIN:
74-6076993
Name of Stock End of Year Book Value End of Year Fair Market Value
4807 Abbvie Inc 136,152 854,204
4350 Acadia Healthcare Co Inc 241,851 172,478
12369 Acv Auctions Inc 245,126 267,170
3656 Adobe Systems Inc 716,748 1,625,750
1675 Advanced Drainage Systems 165,294 193,630
22233 Agnc Invt Corp 235,443 204,766
4212 Alcoa Corp 172,109 159,129
7267 Alcon Inc 401,147 616,896
23923 Alight Inc 225,317 165,547
3378 Allegheny Tech Inc 147,882 185,925
9704 Alphabet Inc 1,528,089 1,836,967
11355 Alphabet Inc 987,418 2,162,446
17572 Amazon.com Inc 2,273,933 3,855,121
2857 Amdocs Ltd 248,777 243,245
7504 American Eagle 152,770 125,092
1138 American Finl Group 137,524 155,826
8566 American Intl Group, Inc 653,669 623,605
4680 American Water Works 570,808 582,613
2160 Ameriprise Finl Inc 217,424 1,150,049
8623 Amgen Inc 2,217,082 2,247,499
22129 Amicus Therapeutics Inc 272,984 208,455
11381 Annaly Capital 193,615 208,272
5621 Antero Resources Corp 161,272 197,016
20956 Apple Inc 1,712,596 5,247,802
3927 Artisan Partners 151,739 169,057
609163 Artisan Partners 20,448,975 28,648,915
2000 Asml Holding NV 173,973 1,386,160
831 Assurant Inc 140,147 177,186
4833 Atlantic Un 178,452 183,074
5560 Atmos Energy Corp 593,211 774,341
6706 Avantor Inc 141,450 141,295
3340 Avient Corporation 172,139 136,472
5745 Axalta Coating Systems Ltd 208,332 196,594
5255 Azek Co Inc 241,257 249,455
4841 Baldwin Insurance Group Inc 237,082 187,637
4410 Bank Ozk 195,061 196,377
1192 Belden Inc 51,701 134,231
1951 Bio-Techne Corp 156,192 140,531
1847 BJS Wholesale Club Holdings Inc 121,095 165,029
2727 BlackRock Inc 1,491,344 2,795,475
4251 Blackstone Inc 533,125 732,957
8366 Bloomin Brands Inc 183,483 102,149
2884 Blueprint Medicines Corp 232,884 251,542
3274 Bright Horizons Family 312,015 362,923
3563 Brighthouse Finl Inc 172,776 171,167
4512 Brink's Co 300,427 418,578
3572 Broadcom Inc 852,264 828,132
1925 Brunswick Corp 81,562 124,509
1027 Builders Firstsource 152,407 146,789
637 Burlington Stores Inc 94,413 181,583
1738 BWX Technologies Inc 64,601 193,596
24547 Cabot Oil & Gas Corp 443,646 626,930
381 Caci Intl Inc 169,244 153,947
3069 Cactus Inc 116,191 179,107
5639 Caesars 246,175 188,455
2281 California Res Corp 134,605 118,361
2385 Camden 255,574 276,755
4093 Cameco Corp 26,670 210,339
5400 Capital One Financial Corp 445,855 962,928
9057 Carlyle Group Inc 320,107 457,288
10262 Carmax Inc 805,001 839,021
2723 Casella Waste Systems Inc 210,766 288,121
454 Caseys Gen Stores 172,436 179,888
1284 Caterpillar Inc 467,729 465,784
3404 CF Industries Holdings Inc 236,161 290,429
2352 Chart Inds Inc Com 305,517 448,856
685 Chemed Corp 330,958 362,913
5914 Chevron Corporation 434,875 856,584
900 Chord Energy 57,835 105,228
5300 Chubb LTD 560,760 1,464,390
3059 Churchill Downs Inc 397,431 408,499
2497 Ciena Corp 119,347 211,771
4534 Cinemark HLDGS Inc 61,963 140,463
2620 Civitas Resources 173,385 120,179
864 Clean HBRS Inc 51,236 198,841
12108 Clearwater Analytics HDS 211,359 333,212
19075 Cleveland Cliffs Inc 300,819 179,305
10820 Coca-Cola 477,637 673,653
8303 Cognex Corp 427,645 297,746
5733 Commerce Bancshares 234,866 357,223
4125 Commercial Metals Co 178,941 204,600
13932 Confluent Inc 361,611 389,539
2100 Constellation Brands 493,482 464,100
16220 Corteva Inc 429,720 923,891
21513 Coty Inc 167,363 149,730
2335 Credo Technology Group 71,264 156,935
11329 Cullen Frost Bankers 1,179,475 1,520,918
1485 Cummins Inc 413,318 517,671
567 Curtiss-Wright Corp 209,789 201,211
16708 Cushman 164,168 218,541
12220 Danaher Corporation 2,675,357 2,805,101
2553 Diodes Inc 183,757 157,444
7608 Doximity Inc 220,784 406,191
7365 Dynatrace Holdings LLC 360,276 400,288
629 Eagle Materials Inc 118,592 155,212
3102 Ecolab Inc 695,038 726,861
3362 Elf Beauty Inc 391,625 422,099
4764 Emerson Electric Co 594,436 590,403
4324 Encompass Health Corporation 192,960 399,321
1066 Epam Systems Inc 264,069 249,252
7595 Equity Lifestyle 424,510 505,827
849 Everest Re Group Ltd 326,497 307,729
3455 Evergy Inc 190,673 212,655
8674 Evolent Health Inc 239,609 97,583
4860 Exact Sciences Corp 238,852 273,083
7689 Exlservice Holdings Inc 230,259 341,238
8715 Exxon Mobil Corporation 804,361 937,473
4958 Facebook, Inc 1,363,326 2,902,959
2265 Federal Realty Op LP 255,637 253,567
2811 First American 162,274 175,519
15171 First Horizon Natl 225,183 305,544
5578 First Indl RLTY TR 246,835 279,625
4137 First Intst 141,307 134,328
897 Firstservice Corp 27,812 162,375
4231 Flex LTD 27,281 162,428
14894 Flywire Corp-Voting 345,895 307,114
3362 Fox Factory Holding Corp 142,801 101,768
1610 Freshpet Inc 94,910 238,457
1644 Ftai Aviation LTD 237,716 236,802
5905 Gaming & Leisure P 235,320 284,385
3806 Garmin LTD 742,762 785,026
2200 General Dynamics CRP 416,541 579,678
4487 Glacier Bancorp Inc 152,357 225,337
1467 Glaukos Corp 215,936 219,962
3963 Globus Medical Inc 264,214 327,780
19259 Goodyear Tire 209,143 173,331
1138 Guidewire Software Inc 84,190 191,844
6606 Highwoods PPTYS Inc 244,711 202,011
3407 Hilton Worldwide Holdings Inc 789,950 842,074
5094 Honeywell Intl Inc 1,058,672 1,150,684
9545 Host Hotels &resorts 166,377 167,228
2030 Icon PLC 566,015 425,711
2813 Independent Bank CP 148,869 180,566
4038 Ingevity Corp 185,731 164,549
3342 Insmed Inc 79,852 230,732
1286 Inspire Medical Systems Inc 225,029 238,399
1071 Insulet Corp 174,759 279,606
1208 Intuitive Surgical, Inc 638,398 630,528
7210 Iridium 217,262 209,234
1770 ITT Inc 83,808 252,898
1617 Jabil Inc 64,801 232,686
1260 Jacobs Solutions Inc 152,979 168,361
1567 Jazz Pharmaceuticals 183,323 192,976
6947 JPMorgan Chase & Co 151,031 1,665,265
5434 Kilroy Realty Corp 194,817 219,805
7201 Kinder Morgan Inc 197,236 197,307
1728 Kirby Corp 90,342 182,822
4112 Knight Swift Transn 209,292 218,100
2996 Korn Ferry 168,208 202,080
33912 Kosmos Energy LTD 216,357 115,979
3408 Kulicke And Soffa 172,978 159,017
22366 Lam Research Corp 1,755,626 1,615,496
1176 Lancaster Colony 199,201 203,613
2462 Lattice Semiconductor Corp 167,680 139,472
6400 Lennar Corp 268,084 872,768
202 Lennar Corp 8,685 26,694
2268 Liberty Media Corp 133,927 210,153
4582 Lincoln National 124,665 145,295
1881 Linde PLC 307,459 787,518
13796 Lions Gate 129,121 104,160
3687 Livanova PLC 193,544 170,745
885 Lockheed Martin Corp 412,899 430,057
1518 Louisiana-Pacific 138,163 157,189
2742 Lowes Companies Inc 575,598 676,726
1492 Lululemon Athletica Inc 398,021 570,556
520 Madrigal Pharmaceuticals Inc 125,409 160,456
1237 Manhattan Associates Inc 322,695 334,287
2562 Marriott Vacations 284,622 230,068
3292 Marsh & Mclennan Co Inc 756,139 699,254
1531 Martin Marietta Materials 334,059 790,762
2714 Mastercard Inc 907,635 1,429,111
5300 Medtronic PLC 432,395 423,364
11000 Merck & Co. Inc 586,969 1,094,280
7821 Mercury Systems Inc 420,128 328,482
170 Merit Medical Systems Inc 7,882 16,442
285 Mettler-Toledo International 394,175 348,749
8786 Mgic Invst Corp 110,845 208,316
31653 Michelin Compagnie Generale Des Etablissements 596,332 518,793
8900 Microchip Technology 329,514 510,415
15809 Microsoft Corporation 2,541,454 6,663,494
48500 Mitsubishi UFJ Finl 271,414 568,420
1496 MKS Instruments Inc 119,204 156,167
1539 Mohawk Industries 178,709 183,341
11269 Monster Beverage Corporation 585,814 592,299
7800 Morgan Stanley 660,367 980,616
4053 Mueller Industries Inc 329,219 321,646
3835 National Fuel Gas Co 198,559 232,708
18773 Neogen Corp 329,621 227,904
19993 New Fortress Energy Inc 523,410 302,294
17726 New York CMNTY 183,063 165,384
19741 Newell Brands Inc 154,593 196,620
1400 Nice LTD 190,498 237,776
2258 Noble Corp PLC 79,459 70,901
8665 Norwegian Cruise 143,793 222,950
1300 Novanta Inc 90,572 198,601
4150 Nvent Electric PLC 269,586 282,864
37541 Nvidia Corp 2,485,471 5,041,381
6124 Oracle Corp 1,072,101 1,020,503
5935 Oshkosh Corp 686,213 564,240
3027 Ovintiv Inc 110,088 122,594
1154 Owens Corning 196,522 196,549
3030 Parker Hannifin Corp 818,395 1,927,171
1214 Parsons Corporation 100,022 111,992
2340 Pentair PLC 109,702 235,498
1079 Penumbra Inc 169,768 256,241
4000 Pepsico Inc 245,221 608,240
2699 Performance Food 87,308 228,200
10011 Permian Resources 104,912 143,958
5554 Perrigo Co 259,165 142,793
9592 Philip Morris Intl 469,651 1,154,397
2437 Pinnacle West Cap 182,453 206,584
2878 Planet Fitness Inc 188,242 284,548
3511 PNC Financial 416,584 677,096
838 Pool Corp 288,774 285,708
1444 Post Holdings Inc 148,297 165,280
2342 Prestige Consmr 140,428 182,887
14830 Primo Brands Corp 345,640 456,319
9050 Procter And Gamble 754,824 1,517,233
3177 Prosperity 207,171 239,387
2180 Public Storage 779,091 652,779
4266 Pure Storage Inc 273,329 262,060
1949 PVH Corporation 126,156 206,107
2911 Q2 Holdings Inc 264,345 292,992
4240 Qualcomm Inc 314,430 651,350
2918 Range Resources 101,771 104,990
1542 Regal Beloit Corp 249,137 239,210
739 Reliance Steel 132,163 198,983
4543 Revolve Group Inc 166,521 152,145
2772 Robert Half Inc 175,804 195,315
24171 Rollins Inc 1,219,161 1,120,326
5886 RPM Intl Inc 373,830 724,331
1312 Ryder System Inc 121,359 205,800
479 Saia Inc Com 54,324 218,295
14614 Sally Beauty HLDGS 156,412 152,716
3875 Sealed Air Corp 131,738 131,091
6344 Sensata Technologies 245,006 173,826
3954 Sharkninja Inc 285,092 384,961
1761 Sherwin-Williams Co 661,097 598,617
2090 Skywest Inc 139,403 209,272
35500 Sony Corp 331,607 751,180
2331 South State Corp 166,575 231,888
2600 Steven Madden LTD 85,350 110,552
3428 Stride Inc 218,034 356,272
2235 Synaptics Inc 200,528 170,575
1768 Synnex Corp 199,641 207,351
1526 Synopsys Inc 787,430 740,660
10953 Sysco Corp 838,233 837,466
1967 Talen Energy Corp 362,298 396,291
1325 Teledyne Technologies Inc 533,101 614,972
4794 Tenable Holdings Inc 201,385 188,788
1353 Tenet Healthcare 77,812 170,789
2848 Terex Corp 158,216 131,635
4928 Texas Instruments Inc 973,790 924,050
2595 Textron Inc 202,720 198,492
2342 Timken Co 178,414 167,149
6996 TJX Companies Inc 738,739 845,187
590 Topbuild Corp 220,890 183,691
9840 Total SA Sponsored 643,426 536,280
3492 TPG Inc 171,958 219,437
1225 Trane Technologies 409,990 452,454
3831 Twist Bioscience Corp 86,779 178,027
7635 Uber Technologies, Inc 552,896 460,543
7878 Ugi Corp 218,938 222,396
623 United Therapeutics 158,829 219,819
1320 Unitedhealth Group 667,144 667,735
2810 Unum Group 143,008 205,214
15657 US Bancorp 561,397 748,874
7747 Valero Energy Corp 1,038,409 949,705
20933 Valley National 170,317 189,653
2784 Varonis Systems Inc 67,706 123,693
7280 Veritex HLDGS Inc 140,050 197,725
15533 Verizon 646,313 621,165
3645 Victorias Secret 81,479 150,976
2500 Visa Inc 174,523 790,100
1727 Visteon Corp 153,405 153,220
2166 Voya Finl Inc 80,932 149,086
4015 Wal Mart Stores Inc 323,649 362,755
5458 Waste Connections, Inc 1,007,150 936,484
1036 Wesco International 148,972 187,475
2566 Western Alliance 138,276 214,364
31335 Whitecap Resources Inc 241,963 222,165
6448 Willscot Mobile Mini Holdings 268,658 215,686
3465 Workday, Inc 866,099 894,074
4278 WP Carey Inc 247,424 233,065
9538 Xcel Energy Inc 626,851 644,006
5500 Xylem Inc 443,427 638,110
3085 Zoetis Inc 168,323 502,639

TY 2024 InvestmentsOtherSchedule2
Name:
The Cockrell Foundation
EIN:
74-6076993
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AG Realty Fund VIII, LP AT COST 250,726 231,513
Apollo Investment Fund IX AT COST 1,176,606 1,938,507
Black Stone Minerals, LP AT COST 473,943 6,585,213
Blackstone Real Estate Partners X AT COST 665,932 632,242
CVI Credit Value Fund B V, LP AT COST 1,719,714 1,638,096
CVI Credit Value Fund B II, LP AT COST 209,605 25,678
CenterOak Equity Fund I, LP AT COST 427,499 1,211,646
Commonfund CVP XIV, LP AT COST 1,192,959 1,452,041
Commonfund CVP XV, LP AT COST 309,122 305,447
Francisco Partners Fund V-B, LP AT COST 1,445,616 3,120,156
Mineral Interests (Net of Depletion) AT COST 2,577 2,889,632
Newstone Capital Partners II, LP AT COST 25,546 19,519
Saw Mill Capital Partners III-A, LP AT COST 1,289,395 1,693,045
Thompson Street Capital Partners III, LP AT COST 94,986 51,896
Thompson Street Capital Partners IV, LP AT COST 555,531 1,517,267
Thompson Street Capital Partners V, LP AT COST 1,022,511 1,807,546
Thompson Street Capital Partners VI-A, LP AT COST 2,016,647 2,175,796
Trumbull Property Fund LP AT COST 891,057 1,655,296
Warburg Pincus Private Equity XII, LP AT COST 1,074,626 1,827,103
Warburg Pincus Global Growth, LP AT COST 2,146,922 3,687,505
WCM Focused International Growth Fund LP AT COST 26,327,455 28,811,902
Weathergage Venture Capital II LP AT COST 342,400 973,914
Weathergage Venture Capital III (Cayman) LP AT COST 381,959 3,323,804
Weathergage Venture Capital IV (Cayman) LP AT COST 610,470 1,480,725

TY 2024 LegalFeesSchedule
Name:
The Cockrell Foundation
EIN:
74-6076993
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General governance and counsel 2,399 0   2,399


TY 2024 OtherExpensesSchedule
Name:
The Cockrell Foundation
EIN:
74-6076993
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Passthrough K-1 expenses 1,026,280 896,029   0
Service fees and other 22,920 11,010   11,910
Membership dues and subscriptions 10,112 0   10,112
Office expense 1,777 0   1,777
Penalties 35 0   0


TY 2024 OtherIncomeSchedule2
Name:
The Cockrell Foundation
EIN:
74-6076993
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Passthrough K-1 income 2,045,009 2,024,017 2,045,009
Oil & gas royalties 775,498 775,498 775,498


TY 2024 OtherProfessionalFeesSchedule
Name:
The Cockrell Foundation
EIN:
74-6076993
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment management fees 922,945 922,945   0
Administrative services 180,000 36,000   144,000
Tax reclamation fees 1,657 1,657   0


TY 2024 TaxesSchedule
Name:
The Cockrell Foundation
EIN:
74-6076993
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal excise tax 155,000 0   0
Severance tax 99,143 99,143   0
Foreign tax 36,730 36,730   0
Ad valorem tax 568 568   0