The Koch brothers' foundation network explained - 2015-10-30
Billionaire brothers Charles Koch and David Koch have poured hundreds of millions of dollars into various philanthropic efforts during recent years, including higher education. In all, six separate private foundations are tied to one or both Koch brothers:
Reported net assets through Dec. 31, 2013: $415.2 million
Description: The primary private foundation through which Charles Koch funds higher education programs, most of which are focused on the study of free-market economics. During 2013, Charles Koch personally fueled his namesake foundation with more than $168.3 million. The Charles Koch Foundation spent more than $23 million during 2013, with most of the money going directly to colleges and universities or programs housed on college campuses.
Other major contributions during 2013 went to free market-oriented think tanks, research groups and educational organizations. Among them are the American Enterprise Institute ($910,000); Liberty Source, known now as Strata ($653,000); the Bill of Rights Institute ($350,000) and the Heritage Foundation ($300,000).