Charles Koch Foundation
- Assets
- $793.7m
- Revenue
- $573.0k
- Investments
- $738.7m
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 48-0918408
Organization Overview
Charles Koch Foundation is located in Arlington, VA. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles Koch Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Charles Koch Foundation generated $573.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (47.6%) each year. All expenses for the organization totaled $66.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Charles Koch Foundation has awarded 5,386 individual grants totaling $801,827,381. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/vice Chairman | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director/chairman | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Common Group Llc | 12/30/22 | $233,900 |
Edelman | 12/30/22 | $105,750 |
Shrm Foundation | 12/30/22 | $250,000 |
The Hanover Research Council Llc | 12/30/22 | $52,798 |
Gsv Summit Llc | 12/30/22 | $55,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $263,498 |
| Interest on Savings | $70,532 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$617,500 |
| Capital Gain Net Income | $63,585,913 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $856,458 |
| Total Revenue | $572,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $579,873 |
| Other employee salaries and wages | $3,738,979 |
| Pension plans, employee benefits | $250,854 |
| Interest | $1,422 |
| Taxes | $2,690,803 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $851,336 |
| Printing and publications | $7,520 |
| Other expenses | $188,227 |
| Total operating and administrative expenses | $8,675,483 |
| Contributions, gifts, grants paid | $57,636,279 |
| Total expenses and disbursements | $66,311,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,245 |
| Savings and temporary cash investments | $46,326,740 |
| Net Accounts receivable | $682,868 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,169,443 |
| Net Investments - land, buildings, equipment | $1,840,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $738,655,923 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $793,723,219 |
| Accounts payable and accrued expenses | $1,345,102 |
| Grants payable | $305,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,625,000 |
| Total liabilities | $4,275,102 |
Grants Awarded
Over the last fiscal year, Charles Koch Foundation has awarded $63,136,279 in support to 168 organizations.
| Grant Recipient | Amount |
|---|---|
VANDERBILT UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
CHRISTOPHER NEWPORT UNIVERSITY EDUCATION FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $45,000 |
HAMPDEN-SYDNEY COLLEGE PURPOSE: GENERAL OPERATING SUPPORT | $23,000 |
DEFENSE PRIORITIES FOUNDATION PURPOSE: EDUCATIONAL PROGRAMS | $24,000 |
CHAPMAN UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $1,930,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $1,085,000 |