Koch family foundations
The Koch family foundations are a group of nonprofit organizations in the United States of America associated with the family of Fred C. Koch. The most prominent of these are the Charles Koch Foundation and the David H. Koch Charitable Foundation, created by two of Fred C. Koch's sons, who own the majority of Koch Industries, an oil, gas, and chemical conglomerate, which is the U.S.A.'s second-largest privately held company.[1]
Background
The Koch Family Foundations began in 1953 with the establishment of the Fred C. and Mary R. Koch Foundation. In 1980 Charles G. Koch established the Charles G. Koch Charitable Foundation, and in 1981 he inherited control of the Claude R. Lambe Charitable Foundation when he was left in charge of Claude Lambe's estate.[2]David H. Koch established the David H. Koch Charitable Foundation.
Think tanks
The Charles G. Koch Charitable Foundation was established with the stated purpose of advancing social progress and well-being through the development, application and dissemination of "the Science of Liberty". Charles' and David's foundations have together provided millions of dollars to a variety of organizations, including libertarian or conservative think tanks.
Koch Scholars
The foundation also funds study groups called Koch Scholars who gather and read "an assortment of select books, movies, and podcasts surrounding the principles of a free society."[3] Colleges where such groups exist include the Jon M. Huntsman School of Business at Utah State University and the University of Alaska Fairbanks.
Cancer research, arts, and science
The David H. Koch Foundation has funded cancer research and a number of arts and science organizations, including the American Ballet Theatre, New York City Ballet, Lincoln Center, the Metropolitan Museum of Art, and the American Museum of Natural History.[1]
Foundations
- Fred C. and Mary R. Koch Foundation (1953[4])
- Charles G. Koch Charitable Foundation (1980[5]), later split into[6]:
- Charles Koch Institute, housing professional education, research and training programs for careers in advancing economic freedom. It runs the Koch Internship Program, the Koch Associate Program, and Liberty@Work™.[7]
- Charles Koch Foundation, focusing on grants and supporting higher education programs that analyze how free societies advance the well-being of mankind. It supports the Koch Institute's programs.[8]
- David H. Koch Foundation[9]
- Koch Cultural Trust (founded 1986 as Kansas Cultural Trust, renamed in 2008[10])
- Claude R. Lambe Charitable Foundation[2]
- Charles Koch Institute (2011)[11]
See also
Richard H. Fink, a member of the boards of directors and President of the Charles G. Koch Charitable Foundation and the Claude R. Lambe Charitable Foundation. He is also on the board of the Fred C. and Mary R. Koch Foundation.
References
- ^ a b Covert Operations: The billionaire brothers who are waging a war against Obama., Mayer, Jane, The New Yorker, August 30, 2010.
- ^ a b Pam Martens, CounterPunch, 19 October 2010, The Koch Empire and Americans for Prosperity
- ^ "Koch Scholars". Retrieved 2011-04-28.
- ^ Koch Family Foundations, The Fred C. and Mary R. Koch Foundation
- ^ Koch Family Foundations, Charles G. Koch Charitable Foundation
- ^ "Charles G. Koch Charitable Foundation". Archived from the original on 9 May 2013. "We are pleased to announce that the Charles G. Koch Charitable Foundation has split into two separate entities – The Charles Koch Foundation and the Charles Koch Institute."
- ^ "Charles Koch Institute | About".
- ^ "Charles Koch Foundation | About".
- ^ Koch Family Foundations, David H. Koch Charitable Foundation and Personal Philanthropy
- ^ Koch Family Foundations, Koch Cultural Trust
- ^ "About the Institute". Charles Koch Institute. Retrieved July 12, 2012.
External links
- Koch Family Foundations official site
- Koch Industries
- Media Transparency entry on the Koch Family Foundations
- "Ari & I; White House Press Briefing with Ari Fleischer related by Russell Mokhiber regarding relationship between the Presidency of George W. Bush and Koch Industries, May 3, 2001.
- "Koch Industries, Market Process Analysis, and the Science of Liberty"
|
|||||||||||||||||
