# Roy Cockrum Foundation

Roy Cockrum Foundation is an Endowment / Foundation based in Wilmington, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Wilmington, United States
- **Region:** North America
- **Address:** Wilmington, United States
- **Founded:** 2014
- **Assets under management:** 60 (Altss estimate)
- **Website:** online.foundationsource.com

## Regulatory record

- **Reports private funds:** No

## About

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.

## People

- Roy Cockrum — Founder
- Benita Hofstetter Koman — Founder
- Carol Ann Lee — Executive Director
- Dr. Kenneth Elliott — Board Member

## 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.

### 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.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/roy-cockrum-foundation

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