Nonprofits controlled by Charles Koch funneled $458.7 million to 338 higher education beneficiaries between 2018 and 2022, according to a Center for Media and Democracy analysis of IRS filings by the donor conduits.
CMD NEWS ABOUT Koch
In December, the Dutch chemical company OCI Global announced plans to sell its nitrogen fertilizer operation in Wever, Iowa to Koch Ag & Energy Solutions, a subsidiary of Koch Industries, for $3.6 billion.
Billionaire Charles Koch’s political network won a major state legislative victory last year when Iowa passed a bill that limits damages in medical malpractice lawsuits. Now, a new court filing claims that an insurance company deliberately lost a major medical malpractice case instead of agreeing to a settlement, with the explicit goal of spurring the Iowa Legislature to take action on the issue.
Georgia-Pacific, announced on September 18 that it would shutter its cellulose factory, known as the Foley mill. The company claimed that the closing had been planned before Hurricane Idalia—for “strategic” reasons—and did not reflect “the hard work and effort of the Foley team.”
In 2022, Stand Together Trust and Stand Together Chamber of Commerce contributed over $176 million to groups in Charles Koch’s “Stand Together” constellation of nonprofits as well as to higher education and right-wing policy, advocacy, litigation and media groups, the Center for Media and Democracy has found.