From SourceWatch
Koch Family Foundations consist of the David H. Koch Foundation, the Charles G. Koch Charitable Foundation, and the Claude R. Lambe Charitable Foundation. [1]
Funding for the foundations comes from the conglomerate Koch Industries, the "nation's largest privately held energy company, with annual revenues of more than $25 billion. ... Koch Industries is now the second largest family-owned business in the U.S., with annual sales of over $20 billion."
"The company is owned by two of the richest men in America," David H. Koch and Charles G. Koch, who are described as "reclusive billionaires", who have a combined personal fortune estimated at more than $3 billion and who have emerged as major Republican contributors in recent years. ... Both David and Charles Koch are ranked among the 50 richest people in the country by 'Forbes'."
The Koch brothers control the three family foundations that have "lavished tens of millions of dollars in the past decade on 'free market' advocacy institutions in and around Washington."[2][3]
The foundations are financed via the oil and gas fortunes of Fred C. Koch, a founding member of the John Birch Society. David is a libertarian who "provides a significant amount of funding for the Cato Institute's $4 million annual budget."
Curtis Moore's Rethinking the Think Tanks (subtitled How industry-funded 'experts' twist the environmental debate) appeared in the September/October 2002 issue of Sierra magazine. Moore states that, "The views will seem to be coming from an independent think tank -- the Cato Institute or Citizens for a Sound Economy (CSE), for example ... behind these groups stands the [Koch] brother's vast fortune."
In fact, Charles Koch is a co-founder of Cato in 1977 and David helped to launch Citizens for a Sound Economy in 1986. This, says Moore, is the brothers simply following in "dad's footsteps: Fred Koch was a charter member of the ultraconservative John Birch Society in 1958."
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Finances
According to their filings with the Internal Revenue Service (available at guidestar.org), the Koch Family Foundations owned combined assets of more than $60 million in 2001 and gave away $9,071,793, almost all of it to libertarian causes:
- The Charles G. Koch Charitable Foundation had assets of $31,403,724 and gave away $4,589,825.
- The David H. Koch Charitable Foundation had assets of $23,204 and gave away $2,821,022.
- The Claude R. Lambe Charitable Foundation had assets of $29,237,598 and gave away $1,660,946.
Funding libertarian organizations
The Claude R. Lambe Charitable Foundation is one of Koch Family Foundations. Several of the organizations in the list below were founded by one of two Koch brothers, Charles G. Koch or David H. Koch to pursue their ideological agenda.
Organizations funded
Below is a list of recipients listing the cumulative amount, unadjusted for inflation, granted by the Claude R. Lambe Charitable Foundation[1]
1) Cato Institute $8,450,000
2) Citizens for a Sound Economy Foundation $6,025,375
3) George Mason University $2,311,149
4) George Mason University Foundation, Inc. $2,074,893
6) Heritage Foundation, The $1,004,000
7) Institute for Justice $1,000,000
8) Foundation for Research on Economics and the Environment $810,000
9) Reason Foundation, The $642,000
10) Federalist Society for Law and Public Policy Studies, The $504,000
12) Institute for Humane Studies $455,000
13) Pacific Research Institute for Public Policy $385,000
14) Washington Legal Foundation $350,000
15) Capital Research Center $340,000
16) Competitive Enterprise Institute $254,460
20) Ethics and Public Policy Center, Inc. $190,000
22) National Center for Policy Analysis $175,000
23) Citizens for Congressional Reform Foundation $175,000
24) Manhattan Institute for Policy Research, Inc. $125,000
25) American Legislative Exchange Council $120,000
26) Acton Institute for the Study of Religion and Liberty $115,000
28) Political Economy Research Center, Inc. $80,000
29) Media Institute $60,000
30) National Foundation for Teaching Entrepreneurship $60,000
31) University of Chicago $59,000
32) Defenders of Property Rights $55,000
33) University of Kansas Endowment Assocation $50,000
36) Texas Public Policy Foundation $44,500
37) Center for Individual Rights, The $40,000
38) Heartland Institute $40,000
39) Texas Justice Foundation $40,000
40) Institute for Policy Innovation $35,000
42) Center of the American Experiment $31,500
43) Atlas Economic Research Foundation $28,500
44) Young America's Foundation $25,000
45) Henry Hazlitt Foundation $25,000
47) Atlantic Legal Foundation $20,000
48) National Taxpayers Union Foundation $20,000
49) Families Against Mandatory Minimums $20,000
50) Philanthropy Roundtable $19,200
51) Free Enterprise Institute $15,000
52) John Locke Foundation $15,000
53) Hudson Institute, Inc. $12,650
54) Alexis de Tocqueville Institution $12,500
55) National Environmental Policy Institute $12,500
56) Washington University $11,500
57) Pacific Legal Foundation $10,000
58) American Council for Capital Formation $10,000
60) Institute for Political Economy $8,000
62) State Policy Network $6,500
64) Fraser Institute, The $5,000
65) Mackinac Center, The $5,000
66) Institute for Research on the Economics of Taxation $5,000
68) Institute for Objectivist Studies $5,000
69) Americans for Prosperity
Some additional recipients by amount granted by the Charles G. Koch Foundation http://www.mediatransparency.org/recipientsoffunder.php?funderID=9
David H. Koch Charitable Foundation $2,000,000
Fred C. & Mary R. Koch Foundation $1,097,000
Bill of Rights Institute $992,000
Mercatus Center $400,000
Contact
Related SourceWatch articles
- Conservative foundations
- Foundations and Funders
- Koch Industries
- Oil industry
- Americans for Prosperity (Koch-funded conservative political advocacy group)
- Charles G. Koch
- David H. Koch
External links
- Koch Industries and the Pollution of the Bush White House, Parts I & II; on-line article includes source links.
- "Ari & I; White House Press Briefing with Ari Fleischer related by Russell Mokhiber regarding relationship between White House and Koch Industries, May 3, 2001.
- http://www.mediatransparency.org/funderprofile.php?funderID=9
- Koch Family Foundations, Buying a Movement section of People For the American Way website, accessed April 2004.
References
- ↑ Media Matters Action Network Who's Funding the Conservative Movement?, accessed March 1, 2011
- ↑ Media Matters Action Network Who's Funding the Conservative Movement?, accessed March 1, 2011
- ↑ Robert Parry [htp://www.questia.com/PM.qst?a=o&d=5002269834 What Wouldn't Bob Dole Do for Koch Oil?], The Nation, Vol. 263, August 26, 1996