Charles Koch, one of America’s top 25 philanthropists, has donated an estimated $1. 8 billion to charity over his lifetime. His hybrid PAC, Americans for Prosperity, received large donations from the Stand Together Chamber of Commerce, a dark money group part of the Koch network. David Koch’s charitable giving includes $58 million donated to nonprofits, including groups such as Americans for Prosperity, the CATO Institute, and the Heritage. The money helped fund cancer research, a childcare center, biology building, and the David H. Koch School of Chemical Engineering.
In 2014, two groups at the heart of the Koch brothers’ network donated a combined $100 million to political races. In 2015, the brothers said they intended to spend nearly $750. Their combined net worth is over $100 billion, even after years of family feuds and massive lawsuits. The Koch organization unveiled its $889 million budget to several hundred donors at a private conference in Palm Springs, Calif. When David Koch died in 2019, Business Insider reported that he and his brother Charles’ net worth totaled over $100 billion, making them two of the richest people in the world.
The Koch brothers’ foundations have provided an estimated $1. 5 billion to various causes and institutions, including public television, medical research, higher education, environmental stewardship, criminal justice reform, and the arts. The Koch Industries organization profile shows contributions in the 2024 cycle at $48442545, lobbying at $8990000, and outside spending at $0.
Americans for Prosperity’s super PAC, AFP Action, surpassed its prior outside spending record in the 2023-2024 election cycle, topping $70. Charles Koch’s personal foundation disclosed $81. 7 million in grants to 140 colleges and universities in its 2021 IRS filing.
| Article | Description | Site |
|---|---|---|
| Koch Industries Profile: Summary | Koch Industries organization profile. Contributions in the 2024 cycle: $48442545. Lobbying in 2024: $8990000. Outside Spending in the 2024 cycle: $0. | opensecrets.org |
| Koch network’s flagship super PAC pours big money into … | Americans for Prosperity’s super PAC, AFP Action, surpassed its prior outside spending record in the 2023-2024 election cycle — topping $70 … | opensecrets.org |
| Where the Koch Network Is Putting Their Money … | Even with Kamala Harris as the nominee, the powerful network led by billionaire Charles Koch is not putting money toward Trump. | time.com |
📹 The Koch Brothers’ “Dark Money” Jane Mayer
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How Much Did The Kochs Spend On Trump?
During the 2016 presidential election, the Koch network invested around $750 million, nearly matching the Republican Party's expenditures, yet refrained from supporting Donald Trump, criticizing his trade and immigration policies. Americans for Prosperity's hybrid PAC has allocated about $10 million against Trump and over $9 million against President Joe Biden since he exited the race. In recent developments, the Koch network has raised over $70 million for political endeavors aiming to bolster Republicans.
A super PAC linked to the Kochs has contributed approximately $160 million this election cycle to support Republican candidates. In the 2022 midterm elections, Americans for Prosperity's super PAC spent nearly $80 million. As of March 2024, Biden's campaign has raised 48. 7 million more than Trump’s. Notably, influential conservative donor networks are channeling significant funding into political initiatives aimed at establishing a Republican contingency.
The Koch network has upheld its non-support of Trump while endorsing Nikki Haley, having spent more than $32 million on her campaign. Despite Republican tax reforms gaining favor among conservative donors, reservations about Trump's conduct persist, complicating strategies for future funding decisions among billionaire GOP backers.
How Much Money Did The Koch Brothers Donate?
The Koch brothers have significantly impacted American politics through substantial donations and spending. In the 2012 elections, they and their network allocated approximately $400 million, with Charles and David Koch contributing over $100 million since the 1970s to support the Tea Party movement. Among notable donations, Charles committed around $3. 5 million during the 2016 cycle, while David contributed $697, 000. Their organization aims to reshape political dynamics and the Republican Party, exemplified by David Koch's role as the Libertarian Party's vice-presidential nominee in 1980.
The Kochs also pledged nearly $900 million for the 2016 elections, later scaling back due to Trump. Their foundations collectively dispensed an estimated $1. 5 billion across various sectors, including education and environmental initiatives. In the 2024 election cycle, they aimed for significant contributions, funding the super PAC Americans for Prosperity Action with over $70 million. Their influence remains pivotal, as shown by their recent substantial single donation of $4. 3 billion to Believe in People. Despite past affiliations, they have refrained from supporting Trump in the current political landscape, indicating a shift in their strategic interests.
How Did The Koch Family Make Money?
The Koch brothers, David and Charles, amassed their wealth from their substantial stakes in Koch Industries, which produces well-known products like Dixie cups and Quilted Northern toilet paper, alongside refining crude oil and manufacturing fertilizer. Upon David's death in 2019 at 79, their combined net worth was reported to exceed $100 billion, establishing them among the world's wealthiest individuals. The book authored by Charles outlines the principles that transformed their father's company, valued at $21 million in 1961, into a $100 billion empire by 2014.
The Koch brothers each held a 42% stake in the family business, which generates annual revenues of $125 billion, making it one of North America's largest private entities. Their fortune originated from their father, Fred Koch, who received $500, 000 from Stalin in the 1930s for building oil refineries in the Soviet Union. Besides growing their business, the Koch brothers became notable political influencers, donating substantial sums to conservative causes and helping catalyze the Tea Party movement. Despite their wealth, family disputes and lawsuits have been a recurring theme, yet they remain a significant force in American politics and business.
Where Did David Koch'S Money Come From?
David Koch, who passed away in 2019 at 79, was one half of the powerhouse Koch brothers, known for their amassed wealth and political influence. Together with his brother Charles, their net worth exceeded $100 billion, ranking them among the world's richest individuals. The Koch brothers inherited their father Fred's company, Koch Industries, which they transformed into the second-largest privately held corporation in the U. S. Their fortune was significantly amplified by expanding operations such as a Minnesota refinery, which effectively utilized inexpensive Canadian crude oil.
David Koch was also notable for his charitable contributions, donating $58 million to various nonprofits, including Americans for Prosperity and the CATO Institute, as revealed by company spokeswoman Missy Cohlmia. Additionally, his family’s total wealth is estimated to be between $42 billion and $50. 5 billion. Throughout his life, Koch was involved in significant philanthropic efforts, contributing at least $185 million to MIT and $30 million to NewYork–Presbyterian Hospital. Their combined efforts catapulted Koch Industries into a major player in the fossil fuels sector while fostering a significant political footprint.
Did Koch Give $4.3 Billion To A 501(C)4 Nonprofit Group?
In 2022, Charles Koch made headlines by donating $4. 3 billion worth of his Koch Industries stock to a newly established 501(c)(4) nonprofit organization named Believe in People. This group was named after his 2020 book, "Believe in People: Bottom-Up Solutions for a Top-Down World." The donation is now noted as the largest publicly disclosed contribution to a 501(c)(4) nonprofit, which allows for fewer restrictions on lobbying compared to traditional nonprofits.
Koch, the chairman and co-CEO of Koch Industries, has contributed over $5 billion to various nonprofits over the past four years, including this significant donation and an earlier $1. 8 billion. The creation of Believe in People is part of Koch's broader philanthropic efforts, which aim to promote social welfare and community solutions. This initial donation to Believe in People has drawn attention as part of a trend of increased funding to "dark money" groups that operate with more relaxed disclosure requirements.
Additional funding efforts from Koch connected organizations, such as Stand Together, have also been reported, indicating a growing financial influence in various nonprofit activities and political spheres. Overall, Koch's contributions reflect his commitment to supporting initiatives aimed at fostering bottom-up solutions in society.
📹 Koch Brothers’ Money went to George Mason University to Influence US Government
Recently released documents show that the Charles Koch Foundation’s millions of dollars in donations to GMU were tied to …
The libertarian idea in theory:”We want minimal government.” The libertarian idea in practice:”We want maximal government for those who can pay to have their own personal representatives in charge.” (government shills and lackeys on their payroll). Also called dismantling of democracy by reducing the representational power of the people – i.e. a corporate oligarchy. The key word here is representation.
They should have full transparency on government funding. It should never be hidden where money comes from in these cases, this would solve a lot of problems, it would immediately show us all we need to know! And people should stop fooling themselves believing they have any other moral compass than money and more money!
Through my eyes, the hard core Republicans are far from human rights. They don t care about people who have less than them, are not emphatic..rich in the pocket but mostly poor in the mind. Pay your employees better, stop putting your money in guns. Most criminals are in the USA..there is something very wrong in the core of your beautiful country.
Let me make one thing clear. If the ideas of libertarianism were to be exercised the Koch brothers would be fucked. The idea of government not building roads will either make their company go bankrupt or provide them an incentive to build private roads in area that are most profitable. Competition would possibly be another factor of why these guys would probably go bankrupt if libertarianism were to be practiced in the US.
And in just about 10:31 minutes of tonight broadcast is in my opinion a very good and great interview of the inside the big “WHITE BOX” is/was FOOD FOR THOUGHT AND JUST LET THE REAL TRUTH BE TOLD THE TRUTH I’M JUST SAYING Always, Always read between the lines because it is always in black and white on white paper in black ink sometimes in blue ink but never in red.
Sadly, we have been an oligarchy since day one as the only people who could vote were white male land owners. In the early 1980’s, I read a book and I wish I could remember the title, saying that corporations had a goal of taking over our political process. Then 10 years ago, the Supreme Court enacts Citizens United and big, big money floods our political process. Recently one of the younger generation Koch family members stated he regretted that the Koch family had contributed so much to our divided discourse. Hmm, perhaps they should pay for all the environment clean up that will be necessary in years to come, among other things. Nowadays even the public servant politicians that we have must ask for donor dollars from day one if they want to have a chance of a second term. It is long past time to reform our whole system.
When you take a responsibility, Follow through with achieving an outcome benifitting the people.Bad air DOES NOT BENIFIT ALL. INVEST IN CLEANUP BUSINESSES. CLEAN UP YOUR MESS YOU HAVE LEFT BEHIND. MANDATE IT. WATER IS PRECIOUS.AIR IS TOO,BUT EARTH IS CRYING. CLEAN IT UP, PLEASE.KOCH BROS., LISTEN UP. NOW. FIX GAIA, NOW.
“dark money” this is the problem I have. they were innovative, made a product and become billionaires . now you have an issue with them securing their business. like if you’re soo good, stop driving cars and grow a organic farm. we need oil and its by products. we will one day move off from it. but calling it dark money is just obtuse