Investigating Power
The National Philanthropic Trust helped Charles Koch’s tightly controlled network of nonprofits shield close to $100 million in donations and grants from public view between 2019 and 2021.
A previously unreported 501(c)(4) “social welfare” political nonprofit called CCKC4 received a giant cash injection of $1.2 billion in 2020, making it a potentially formidable political player.
Nonprofits controlled by Koch Industries executives were valued at $2.8 billion, with $2.7 billion in net revenue.
South Carolina Attorney General Alan Wilson, who has faced long-running controversy over his role in impeding an investigation into State House corruption, has been an active participant in the Republican Attorneys General Association’s pay-to-play operation.
The Republican Attorneys General Association raised $4.9 million in the second quarter of this year, according to a report filed with the Internal Revenue Service on Friday.
Charles Koch’s main super PAC has already spent over $8 million to support GOP congressional candidates in this year’s elections.
Koch’s Americans for Prosperity suffered a defeat in South Dakota this month when voters soundly rejected imposing a supermajority requirement on future ballot measures—which had been AFP’s strategy for derailing this fall’s vote on expanding Medicaid.
An Illinois Circuit Court judge has rejected the efforts of the right-wing Liberty Justice Center to prevent voters from having their say on a constitutional amendment to protect workers’ rights in November.
RAGA’s haul of $4.8 million is the most it has raised in the first quarter of a major election year, up from $4.4 million in 2020.
When Mehmet Oz’s Sharecare startup went public last year in a deal valued at $3.9 billion, Koch Industries became its largest institutional investor.