Charles Koch Foundation is a private foundation based in Arlington, VA that was founded in 2014. As of 2019 they had $168 million in revenue and $728 million in assets.
The Charles Koch Foundation was established in 1980 by Charles G. Koch in order to advance social progress and well-being through the study and advancement of economic freedom.
Charles Koch Foundation makes grants to other organizations, such as $10,416,000 to Institute for Humane Studies for "General Operating Support"; $3,064,450 to Florida State University for "General Operating Support"; $2,682,750 to Thurgood Marshall College Fund (TMCF) for "General Operating Support"; $2,134,500 to Cato Institute for "General Operating Support"; and $2,023,792 to Harvard University for "General Operating Support".
EIN:
48-0918408
City:
State:
Metro:
Website:
Phone:
703.875.1770
Facebook:
Twitter:
Founded:
2014
Type:
501(c)(3)
NTEE:
Revenue:
$168,272,468
Assets:
$728,800,065
Fiscal year end:
December
Form 990s for Charles Koch Foundation
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Jan 21, 2020 | 990PF | View PDF |
| 2017-12 | Feb 21, 2019 | 990PF | View PDF |
| 2016-12 | Jan 18, 2018 | 990PF | View PDF |
| 2015-12 | Apr 12, 2017 | 990PF | View PDF |
| 2014-12 | Feb 10, 2016 | 990PF | View PDF |
| ...and three more Form 990 PDFs |
Financials for Charles Koch Foundation
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $128,891,508 | $135,153,238 | -4.6% |
| Investment income and dividends | $21,638,137 | $11,111,628 | 94.7% |
| Net rental income | $0 | $0 | |
| Net gain from sale of non-inventory assets | $1,930,406 | $8,328,759 | -76.8% |
| Gross sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $15,812,417 | $-855,179 | 1949.0% |
| Total revenues | $168,272,468 | $153,738,446 | 9.5% |
| Field | 2018 | 2017 | % Change |
|---|
| Compensation of current officers, etc. | $313,264 | $297,207 | 5.4% |
| Non-officer salaries and wages | $4,649,662 | $4,531,968 | 2.6% |
| Pension/retirement accruals and contributions | $1,054,134 | $531,046 | 98.5% |
| Legal fees | $406 | $77,648 | -99.5% |
| Accounting fees | $24,557 | $141,642 | -82.7% |
| Other fee-for-service | $1,549,741 | $1,686,196 | -8.1% |
| Interest | $3,656,877 | $2,318,788 | 57.7% |
| Depreciation, amortization, etc. | $0 | $0 | |
| Occupancy | $-180 | $17,212 | -101.0% |
| Travel | $917,397 | $1,154,159 | -20.5% |
| Office expenses | | | |
| Grants to all govts., orgs., and individuals | $127,549,823 | $88,308,139 | 44.4% |
| All other expenses | $7,496,188 | $8,671,855 | -13.6% |
| Total expenses | $147,240,478 | $107,768,300 | 36.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $12,911,358 | $3,607,208 | 257.9% |
| Savings, short-term investments, etc. | $64,764,274 | $60,990,727 | 6.2% |
| Accounts receivable | $4,900,771 | $1,919,911 | 155.3% |
| Pledges and grants receivable | $4,900,771 | $1,919,911 | 155.3% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $0 | $0 | |
| Prepaid expenses and deferred charges | $187,746 | $135,162 | 38.9% |
| Investments in government obligations | $0 | $0 | |
| Investments in corporate stock | $0 | $0 | |
| Investments in corporate bonds | $0 | $0 | |
| Investments in land, buildings, and equipment | $355,213 | $355,213 | |
| Investments in mortgage loans | $0 | $0 | |
| Other types of investments | $645,680,703 | $617,998,467 | 4.5% |
| Buildings, equipment, etc. post-depreciation | $0 | $0 | |
| Other assets | $0 | $0 | |
| Total assets | $728,800,065 | $685,006,688 | 6.4% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $9,294,498 | $929,058 | 900.4% |
| Grants payable | $13,337,041 | $4,782,968 | 178.8% |
| Deferred revenue | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $0 | $0 | |
| Total liabilities | $22,631,539 | $5,712,026 | 296.2% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $706,168,526 | $679,294,662 | 4.0% |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
Vendors for Charles Koch Foundation
| Vendor | Services | Amount paid | Date |
|---|
| WordPress | Content management system software | | 2020-06-16 |
| ███ ███ | Tax accounting | | 2020-01-21 |
| ██████████ | CRM software | | 2019-10-05 |
| █████████ ████████ | Software | | 2019-10-05 |
| █████ | Marketing software | | 2019-10-05 |
| ████ ████████ | Media | $189,115 | 2018-12-01 |
| ███ ████████ ███████ █████ ███ | Media | $300,000 | 2018-12-01 |
| ████ ██████████ ███ | Investment Management Services | $204,889 | 2018-12-01 |
| ...and 12 more vendors |
Personnel at Charles Koch Foundation
| Name | Title | Compensation | Most recent data |
|---|
| William Ruger | Vice President of Research | $0 | Dec. 31, 2017 |
| Brian Hooks | President and Director | $0 | Dec. 31, 2017 |
| ███████ █████ | Director Educ Partnership | $147,510 | Dec. 31, 2017 |
| ███████ █████ | Director University Investment | $208,760 | Dec. 31, 2017 |
| ████ ██████ | PGM Officer University Investment | $129,979 | Dec. 31, 2017 |
| ████ ███████ | Vice President Higher Education | $265,839 | Dec. 31, 2017 |
Peer private foundations
| | Name | Type | Revenue | Location |
|---|
| 1 | David and Lucile Packard Foundation | 501(c)(3) | $355 million | Los Altos, CA |
| 2 | John Templeton Foundation | 501(c)(3) | $232 million | West Conshohocken, PA |
| 3 | Medtronic Foundation | 501(c)(3) | $80 million | Fridley, MN |
| 4 | Diana Davis Spencer Foundation | 501(c)(3) | $55 million | Bethesda, MD |
| 5 | John S. and James L. Knight Foundation | 501(c)(3) | $186 million | Miami, FL |
| 6 | Sobrato Family Foundation (SFF) | 501(c)(3) | $76 million | Mountain View, CA |
| 7 | Ralph C Wilson Jr Foundation | 501(c)(3) | $72 million | Detroit, MI |
| 8 | U.S. Bank Foundation | 501(c)(3) | $153 million | Milwaukee, WI |
| 9 | Mcknight Foundation | 501(c)(3) | $183 million | Minneapolis, MN |
| 10 | Duke Endowment | 501(c)(3) | $265 million | Charlotte, NC |
| 11 | Robertson Foundation | 501(c)(3) | $93 million | New York, NY |
| 12 | William Penn Foundation | 501(c)(3) | $217 million | Philadelphia, PA |
| 13 | Wyss Foundation | 501(c)(3) | $169 million | Washington, DC |
| 14 | Barr Foundation | 501(c)(3) | $150 million | Boston, MA |
| 15 | Gates Family Foundation (GFF) | 501(c)(3) | $67 million | Denver, CO |
| 16 | Shubert Foundation | 501(c)(3) | $52 million | New York, NY |
| 17 | Brown Foundation | 501(c)(3) | $79 million | Houston, TX |
| 18 | Mays Family Foundation | 501(c)(3) | $45 million | San Antonio, TX |
| 19 | Park Foundation / The Northern Trust Co | 501(c)(3) | $51 million | Ithaca, NY |
| 20 | The Leona M and Harry B Helmsley Charitable Trust | 501(c)(3) | $191 million | New York, NY |
| 21 | Horace W Goldsmith Foundation | 501(c)(3) | $60 million | New York, NY |
| 22 | Kiplinger Foundation | 501(c)(3) | $52 million | Washington, DC |
| 23 | Matan B'seter Foundation | 501(c)(3) | $289 million | New York, NY |
| 24 | Richard King Mellon Foundation | 501(c)(3) | $181 million | Ligonier, PA |
| 25 | George Gund Foundation | 501(c)(3) | $76 million | Cleveland, OH |