2018-01-25T11:40:33-08:00 2016-12-31 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 770275132 990PF 2016-01-01 760647361 The Cullen Foundation CULL 7136518837 2727 Allen Parkway Suite 1050 Houston TX 77019 Scott W Wise President/Treasurer 2018-01-25 true Jody Blazek P00072674 7134395739 X 2016 2021-01-29 14:40:06Z X 283344779 X X 5804 5804 4176074 4176074 4396853 55969451 3760526 1723644 1646821 10302375 9589225 348952 87238 261714 208321 72500 135821 141344 38771 102574 13664 13664 31674 14837 15836 1021317 948088 73229 220336 12870 2482 5685 2843 2842 3774 1561 1887 179549 152700 26849 2177098 1331408 634416 12311000 12311000 14488098 1331408 12945416 -4185723 8257817 40332 90021 90021 7097029 4462427 4462427 16 5684 5684 194902232 196508564 237566513 436808 36598275 33165275 40759472 51768 27914 26336 23854 23854 238664220 234255825 283344779 162361 60311 222672 0 X 5367756 5367756 233073792 228888069 238441548 234255825 238664220 234255825 238441548 -4185723 234255825 234255825 Passthrough K-1 capital gain 1704053 -1704053 -1704053 Publicly traded securities 56091744 49572571 6519173 6519173 Arco Holdings P 2010-01-01 2016-02-23 927754 2000027 -1072273 -1072273 LSRC II Investor S.A.R.L. P 2010-01-01 2016-01-01 17679 17679 17679 3760526 false 13107461 274395585 0.04777 12699181 277211792 0.04581 12110594 250518242 0.04834 11413608 227280138 0.05022 10024170 229014864 0.04377 0.235909 0.047182 266644403 12580816 82578 12663394 12945416 X 82578 82578 82578 130550 50000 180550 X 97972 97972 false false false false false true true false true true TX true false false true false true www.cullenfdn.org Peggy Reid 7136518839 2727 Allen Parkway Suite 1050 Houston TX 770192115 false false false true true false false false false false false false false false false false false false false false false false false false false false Isaac Arnold Jr 2727 Allen Parkway Suite 1050 Houston TX 770192115 President/Dir 2.00 0 Wilhelmina E Robertson 2727 Allen Parkway Suite 1050 Houston TX 770192115 VP/Sec/A.T./Dir 2.00 0 Meredith T Cullen 2727 Allen Parkway Suite 1050 Houston TX 770192115 VP/A.S./Dir 2.00 0 Bert L Campbell 2727 Allen Parkway Suite 1050 Houston TX 770192115 Director 2.00 0 William H Drushel Jr 2727 Allen Parkway Suite 1050 Houston TX 770192115 Director 2.00 0 Alan M Stewart 2727 Allen Parkway Suite 1050 Houston TX 770192115 Exec Dir/Treas 40.00 348952 48046 Peggy Reid 2727 Allen Parkway Suite 1050 Houston TX 770192115 Controller 40.00 145000 36708 Gina McEvily 2727 Allen Parkway Suite 1050 Houston TX 770192115 Grant admin 35.00 63321 26992 Northern Trust Company 50 South LaSalle Chicago IL 60603 Custody/Inv mgmt 137091 LSV International Small Cap Equity Fund LP 155 North Wacker Drive Ste 4600 Chicago IL 60606 Investment mgmt 108098 Goldman Sachs & Co 1000 Louisiana St Ste 550 Houston TX 77002 Investment mgmt 103168 SSI US Inc dba Spencer Stuart PO Box 98991 Chicago IL 60693 Executive search 100046 Fayez Sarofim & Co 909 Fannin Ste 2907 Houston TX 77002 Investment mgmt 131459 1 238051600 7477143 25176235 270704978 0 270704978 4060575 266644403 13332220 13332220 82578 222789 305367 13026853 13026853 13026853 12945416 12945416 82578 12862838 13026853 2636637 12945416 2636637 0 10308779 2718074 Gina McEvily 2727 Allen Parkway Suite 1050 Houston TX 770192115 7136518837 gina@cullenfdn.org See www.cullenfdn.org for online application and information. None Restricted to Texas-based charitable organizations for programs in Texas, primarily in the Houston area. See attachment State and zip code provided for efiling TX 77002 N/A See attachment 12311000 12311000 See attachment State and zip code provided for efiling TX 77002 N/A See attachment 7630000 7630000 14 5804 14 4176074 525990 636086 18 3760767 Commission recapture 1 5316 Oil & gas royalties 15 305069 Passthrough K-1 Income 525990 93983 14 1319276 730069 9572306 10302375 false false false false false false false false false false Financial statement audit fees 21217 10609 0 10608 Tax planning and compliance 10457 4228 0 5228 Leasehold improvements 2001-11-01 33483 12163 SL 39.5000 858 Equipment 2009-01-01 12753 7737 SL 5.0000 1624 24786 shs Abbott Lab 688444 952030 16270 shs Abbvie Inc 382768 1018827 4808 shs Advance Auto Pts Inc 822192 813129 4824 shs Allergan PLC 1028311 1013089 3925 shs Alphabet Inc Cl C 2192132 3063990 34220 shs Altria Group Inc 356839 2313956 926 shs Amazon Inc 320543 694380 12500 shs American Express Co 1101710 926000 3788 shs American Tower Corp 219615 400316 7100 shs Anheuser Busch Inbev SA/NV 780930 748624 10950 shs Aon PLC 541667 1221254 34450 shs Apple Inc 1624339 3989999 9113 shs Aqua Amer Inc 260856 273755 4675 shs Aramark 175875 166991 5550 shs ASML Hldg 562967 622710 6203 shs Aspen Insurance Hldgs 305506 341165 2350 shs Automatic Data Processing Inc 84856 241533 8138 shs B & G Foods Inc 294415 356444 4112 shs Balchem Corp 253721 345079 48000 shs Bank Of America Corp 763249 1060800 7050 shs Berry Global Group Inc 261395 343547 1520 shs Bio Rad Labs Inc Cl A 210247 277066 4689 shs Biotelemetry Inc 109312 104799 3200 shs Blackrock Inc 755136 1217728 4475 shs Broidge Finl Solutions Inc 284939 296693 2539 shs Brown-Forman Inc Cl B 117365 114052 62300 shs Calpine Corp 758559 712089 3550 shs Canadian Pac Ry Ltd 449071 506834 8157 shs Cap Bk Finl Corp Cl A 256946 320162 2332 shs Carlislepanies Inc 264968 257196 6200 shs Celgene Corp 561107 717650 2036 shs Check Pt Software Technologies 172321 171961 7275 shs Chemical Finl Corp 262945 394087 30650 shs Cheniere Energy Inc 918465 1269830 14010 shs Chevron Corp 573543 1648977 216000 shs China Hongxing SPO HKD 24895 17194 11000 shs Chubb Ltd 1128625 1453320 4750 shs Cigna Corporation 620882 633603 70930 shs Citigroup Inc 2857377 3567982 42870 shs Coca Cola Co 1069438 1777390 24933 shs Comcast Corp Cl A 1349464 1721624 16310 shs Conocophillips 461095 817783 3150 shs Constellation Brands Inc 491408 482927 2346 shs Coresite Rlty Corp 90009 186202 4034 shs Costco Wholesale Corp 291929 645884 7740 shs CSX Corp 269075 278098 2052 shs Cullen / Frost Bankers Inc 176834 181048 16280 shs CVS Health Corp 967186 1284655 15722 shs Cypress Semiconductor Corp 173274 179860 4548 shs Danaher Corp 334968 354016 1882 shs Diamondback Energy Inc 124199 190195 21350 shs Discover Finl Svcs 1227388 1539122 9700 shs Dow Chemical Co 565913 555034 4857 shs Dunkin Brands Group Inc 268474 254701 75013 shs Eclipse Res Corp 256674 200285 4200 shs Edison Intl 247264 302358 2041 shs Edwards Lifesciences Corp 195914 191242 2927 shs Electr Arts 198223 230531 5780 shs Eli Lilly & Co 428348 425119 22735 shs EQT Corp 1390899 1486869 1194 shs Equinix Inc Par $ 238265 426748 5150 shs Estee Lauderpanies Inc Cl A 393784 393924 29010 shs Exxon Mobil Corp 1991040 2618443 3084 shs F5 Networks Inc 362824 446316 21593 shs Facebook Inc Cl A 2053275 2484275 1588 shs Factset Resh Sys Inc 263287 259527 2730 shs First Rep Bk San Francisco Cali 241405 251542 6210 shs Firstcash Inc 248010 291870 3065 shs Fleetcor Technologies Inc 440922 433759 11719 shs FNB Corp Pa 179535 187856 5336 shs Fortive Corp Mon Stock 260638 286170 32685 shs Gen Mtrs Co 949782 1138745 22263 shs General Electric Co 570623 703511 6000 shs Gilead Sciences Inc 488699 429660 21700 shs Glaxosmithkline PLC 930229 835667 6949 shs HD Supply Hldgs Inc 254878 295402 7461 shs Healthcare Svcs Group Inc 267061 292247 4477 shs Heico Corp 250966 345401 2299 shs Heska Corp Restricted Stock 89147 164608 21570 shs Hess Corp 1133027 1343595 4337 shs Hill-Rom Hldgs Inc 257036 243479 3575 shs Honeywell Intl Inc 338832 414164 4119 shs Icon PLC 273440 309749 1513 shs Incyte Corp 157919 151709 35900 shs Ing Groep NV Sponsored 425496 506190 9950 shs Ingersoll-Rand PLC 266957 746648 3241 shs Insperity Inc 166215 229949 20260 shs Intercontinental Exchange Inc 914225 1143069 27570 shs Interpublic Grouppanies Inc 480746 645414 2327 shs Intuit 229913 266697 775 shs Intuitive Surgical Inc 463662 491482 18435 shs Investors Bancorp Inc 218772 257168 2741 shs IPG Photonics Corp 262160 270564 81368 shs Jones Energy Inc Cl A 297942 406840 37508 shs JPMorgan Chase & Co 1308381 3236565 16194 shs Kapstone Paper & Packaging Cor 282329 357078 29000 shs Koninklijke Philips NV 808785 886530 2905 shs Lab Corp Amer Hldgs 400574 372944 9596 shs Lkq Corp Lkq Corp 256695 294117 6031 shs Lumentum Hldgs Inc 160197 233098 3881 shs Macom Technology Sol Hldgs Inc 175765 179613 21710 shs Macys Inc 771288 777435 5031 shs Mastercard Inc Cl A 457770 519451 8871 shs Mc Donalds Corp 663030 1079778 17300 shs Metlife Inc 549492 932297 4425 shs MFC Spdr Ser Tr S&P Biotech ETF 263712 261916 1634519 shs MFO DFA Inst Dimensions Grou 32012618 39244794 276952 shs MFO GS Tr Grth Opp Fd 6335121 6452983 1252078 shs MFO Morgan Stanley Instl Fd 21127622 18330422 6261 shs Microsemi Corp 257045 337906 44540 shs Microsoft Corp 2083016 2767716 2127 shs Middleby Corp 276014 273979 2326 shs Molson Coors Brewing Cl B 238628 226343 15169 shs Nationstar Mtg Hldgs Inc 258454 273952 2906 shs Navigators Group Inc 247681 342182 23930 shs Nestle SA 980352 1716738 4228 shs Newell Brands Inc 220723 188780 18934 shs Nike Inc Cl B 880140 962416 5831 shs Northern Tr Corp 473512 519251 8860 shs Novartis Ag 778636 645362 22800 shs Novo-Nordisk 309056 817608 261572 shs NTGI-QM Daily Russ 1000 Eqty 42284449 46355205 27340 shs Occidental Petroleum Corp 1839302 1947429 7200 shs Ollies Bargain Outlet Hldgs Inc 176733 204840 7064 shs Omnicell Inc 263997 239470 46821 shs Oracle Corp 1673962 1800267 11350 shs Paypal Hldgs Inc 356619 447985 9150 shs Pepsico Inc 517314 957365 23950 shs Pfizer Inc 526735 777896 37080 shs Philip Morris Intl NPV 917741 3392450 6050 shs Phillips 66 426051 522781 5397 shs Pinnacle Foods Inc 264321 288470 5630 shs Pnc Financial Services Group 461546 658485 5700 shs Praxair Inc 386017 667983 6840 shs Procter & Gamble NPV 361286 575107 6900 shs Raytheon Co 244089 979800 4413 shs Resmed Inc 255897 273827 33660 shs Roche Hldg Ltd 688435 960320 9369 shs Rollins Inc 250438 316485 1402 shs Roper Technologies Inc 248420 256678 4735 shs Ross Stores Inc 265608 310616 3042 shs Salesforce Inc 218911 208255 6893 shs Sapiens International Corp 83188 98846 5017 shs Scripps Networks Interactive In 259236 358063 5128 shs Servicemaster Global Hldgs Inc 188188 193172 778 shs Sherwin-Williams Co 213657 209080 4069 shs Skyworks Solutions Inc 294383 303792 9083 shs Sodastream International Ltd 264234 358506 10950 shs State Str Corp 808219 851034 4267 shs Steris PLC Steris Ltd 311942 287553 27600 shs Suncor Energy Inc 818595 902244 24675 shs Sw Airl Co 948489 1229802 36500 shs Symantec Corp 822509 871985 5457 shs Synchronoss Technologies Inc 257983 209003 35800 shs Synchrony Finl 952948 1298466 16670 shs Target Corp 921444 1204074 30850 shs Teradyne Inc 564566 783590 18707 shs Texas Instruments Inc 638640 1365049 176 shs The Priceline Group Inc 198371 258027 4550 shs Time Warner Inc 301026 439212 9370 shs Total SA 554686 477589 15100 shs Twenty-First Century Fox Inc C 534603 423404 10750 shs Twenty-First Centy Fox Inc Cl 374119 292938 15401 shs Umpqua Hldgs Corp 270141 289231 13080 shs Union Pac Corp 634347 1356134 10254 shs Unit Corp 94830 275525 3900 shs Unitedhealth Group Inc 548917 624156 33650 shs Unum Group 827890 1478245 19843 shs USA Technologies Inc 92559 85325 3094 shs Vantiv Inc 167468 184464 4300 shs Verisign Inc 280996 327101 3525 shs Verisk Analytics Inc 267764 286124 2476 shs Vertex Pharmaceuticals Inc 276407 182407 28750 shs Viacom Inc Cl B 1248801 1009125 13300 shs Visa Inc Cl A 960482 1037666 15730 shs Walgreens Boots Alliance Inc 718528 1301815 14202 shs Walt Disney Co 1413733 1480132 3550 shs Waste Connections Inc 169500 278995 26320 shs Wells Fargo & Co 1164614 1450496 4684 shs Westlake Chem Corp 273486 262257 13500 shs XL Group Ltd 502414 503010 3949 shs XPO Logistics Inc 177054 170439 4506 shs Xylem Inc 236629 223137 4533 shs Yelp Inc Cl A 179539 172843 3985 shs Zoetis Inc Cl A 199211 213317 BlackGold Opportunity Fund LP AT COST 440964 440965 BlackGold Private Energy Partners LP AT COST 6305610 6497637 Encap Flatrock Midstream Fund II-C LP AT COST 2898585 3411920 Highland Cap Invs Corp Hldg (Red River) AT COST 962110 1 LSV International Small Cap Equity Fund AT COST 11019750 11563103 Oaktree Mezzanine Fund III LP AT COST 3430 4205 OCM Opportunities Fund IVB LP AT COST 6386 25086 OCM Opportunities Fund VIIB LP AT COST 1098357 705707 OCM Principal Opportunities Fund III LP AT COST 1025294 334246 Peruvian and E. Euro Monetization Cl B AT COST 46922 28377 Stonelake Opportunity Partners II LP AT COST 2746080 8567281 Stonelake Opportunity Partners III LP AT COST 6846105 9220336 Stonelake Opportunity Partners IV LP AT COST 234318 235365 Accrued income AT COST 195973 Furniture and Fixtures 5532 5532 Machinery and Equipment 12753 9361 3392 3392 Improvements 33483 13021 20462 20462 General governance and counsel 13664 0 0 13664 Bank charges 2801 1401 1400 Bank custodial fees 87483 87483 Dues and subscriptions 8539 4270 4269 Insurance 27373 13686 13687 Oil & gas other deductions 38289 38289 Other administrative expenses 7156 3578 3578 Other investment fees 79 79 Repairs/maintenance 955 477 478 Supplies 3442 1721 1721 Technology 3432 1716 1716 Commission recapture 5316 5316 Oil & gas royalties 305069 305069 Passthrough K-1 Income 1413259 1336436 Executive search fees 100046 30014 0 70032 Investment consulting fees 36673 36673 0 0 Investment management fees 878205 878205 0 0 Payroll services 6393 3196 0 3197 Ad valorem taxes 8265 8265 Excise tax 130558 Income tax 76908 O & G production taxes 4605 4605 BlackGold Private Equity Partners 109 N Post Oak Ln Ste 520 Houston TX 77024 811616295 Distribution from investment fund. 26355 26355 BlackGold Private Equity Partners 109 N Post Oak Ln Ste 520 Houston TX 77024 811616295 Contributions to investment fund. 6119542 6119542