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Roy Cockrum Foundation
Roy Cockrum, a former actor and monk, created the foundation after winning the lottery. He seeded it with an estimated $60 million and set its grantmaking...
Roy Cockrum Foundation
Roy Cockrum, a former actor and monk, created the foundation after winning the lottery. He seeded it with an estimated $60 million and set its grantmaking focus on professional theater productions. The foundation awards grants exclusively to non-profit theaters for specific productions. It does not operate venture vehicles or make direct investments in companies. Geographic scope covers theaters throughout the United States. Benita Hofstetter Koman co-founded the organization and previously served on the board of Theatre Communications Group. Carol Ann Lee now serves as Executive Director. No dated operational events from the last 24 months appear in available records.
General information
Firm type
Endowment / Foundation
Year founded
2014
Location
Region
North America
Country
United States
City
Wilmington
Corporate office
Wilmington, United States
Principals
Roy Cockrum
Founder
Benita Hofstetter Koman
Founder
Carol Ann Lee
Executive Director
Dr. Kenneth Elliott
Board Member
Frequently asked questions
Who runs investment decisions at Roy Cockrum Foundation?
The foundation makes grant decisions rather than investment decisions. Carol Ann Lee serves as Executive Director and oversees operations.
Where does the underlying wealth come from?
Roy Cockrum funded the foundation with proceeds from a lottery win. No other wealth sources are disclosed.
Does Roy Cockrum Foundation participate in fund commitments or only direct deals?
The foundation makes direct grants to theaters. It does not commit to external funds or pursue co-investments.
What investment stages does Roy Cockrum Foundation typically target?
The organization does not target investment stages. Its activity is limited to grant awards for theater productions.
How is Roy Cockrum Foundation related to any parent or spinout?
No parent entity or spinout is disclosed. It operates as an independent foundation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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