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Charles Koch Foundation

Profile

Last Updated: 2016-07-17

At A Glance

Charles Koch Foundation

(formerly Charles G. Koch Charitable Foundation)

1515 N. Courthouse Rd., Ste. 200

Arlington, VA United States 22201-2915

Telephone: (703) 875-1770

URL: www.cgkfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $559,449,616

Total giving: $31,874,705

EIN

480918408

Additional Contact Information

E-mail for grant information: grants@charleskochfoundation.org

Background

Established in 1981 in KS - Founded by Charles G. Koch, Chairman and C.E.O. of Koch Industries, Inc., which is involved in refining, chemicals and consumer products. In 2008 the company was identified by Forbes as the second largest privately held company in America after Cargill. He is also the co-founder of the libertarian think tank the Cato Institute and the author of the book "Science of Success: How Market-Based Management Built the World's Largest Private Company."

Purpose and Activities

The mission of the foundation is to advance social progress and well-being through the development, application, and dissemination of the "Science of Liberty". Funding for academic and public policy research directed at solving significant social problems through voluntary action and free enterprise. Support for projects that find market-based solutions to problematic social issues. For research, the foundation primarily funds institutions working with doctorate-level investigators in disciplines such as economics, history, philosophy, political science, and organizational behavior.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Graduate Student Grant

The program supports graduate students who are passionate about increasing well-being for individuals, communities, and societies in a variety of different ways. If you are currently enrolled in a PhD program or are interested in pursuing an advanced degree, the following are some of the opportunities currently offered for grad students: 1) Dissertation Grants: up to $5,000 to support current graduate students interested in studying how freedom increases well-being for individuals, communities, and societies; 2) Co-Authorship Grants: pair graduate students with experienced faculty members to mentor and collaborate with them on exciting research topics; 3) Postdoctoral Fellowships: support to current and recent PhDs who are dedicated to pursuing a career in academia and exploring the ideas of freedom and well-being through their research; 4) Career Development Opportunities: enables entrepreneurial graduate students to attend that upcoming conference, fund that next research project, or travel to that professional development workshop. See foundation web site for more information on each area's application process.

Grants to Individuals Program

Provides summer fellowships to undergraduate students for ten-week residency programs. See program description for further information.

Higher Education

The foundation supports colleges and universities in order to provide resources to faculty and students. The goal is to facilitate a deeper understanding of the nature of free societies and why they foster the highest levels of well-being for the overwhelming majority of people.

Koch Associate Program

The program equips individuals for careers advancing economic freedom through full-time employment in Washington, DC and professional education and training. Associates spend one day a week immersed in Market-Based Management curriculum while working full-time. The program is administered by the Charles Koch Institute.

Koch Internship Program

The program builds the skills of students and recent graduates through a rigorous professional education and customizable work experience. During the program, each intern works at a non-profit 501(c)(3) partner organization through a collaboration with the Charles Koch Foundation and spends every Tuesday at the Charles Koch Institute engaging in reading discussions, group projects, lectures, and Market-Based Management workshops. Roles vary, and include policy research, communications, operations, donor relations, and more. Interns generally earn $10 an hour. The program is administered by the Charles Koch Institute.

Professional Education Programs

The foundation’s support of professional education programs helps professionals and students get the opportunity to turn their passion for economic freedom into a career and become more effective advocates of the cause in which they believe. The foundation supports the development of free-market talent by providing job placement assistance, support for student organizations and much more. The foundation provides grants to non-profit organizations who partner with participants in the Charles Koch Institute’s professional education programs.

Research

The foundation aims to support institutions and researchers in their efforts to analyze how institutions and ideas lead to free and prosperous societies.

Fields of Interest

Subjects
  • Economics
  • Education
  • Environment
  • Higher education
  • Legal services
  • Public policy
  • Undergraduate education
  • University education
Population Groups
  • Academics

Financial Data

Year ended 2014-12-31

Assets: $559,449,616 (market value)

Gifts received: $141,721,870

Expenditures: $42,086,606

Total giving: $31,874,705

Qualifying distributions: $36,085,910