Investigating Power
Koch Industries and its funding vehicles funnel millions to groups that are decrying “woke capitalism” and attacking the investment giant BlackRock for its leading role in ESG investing. Yet that hasn’t stopped the company’s subsidiaries from partnering with BlackRock to invest in technology startups.
Koch Industries reaps the benefits of more than $38 million in local and state tax rebates, tax reductions, and grants in 2021 and 2022.
A group tied to the influential anti-abortion activist Leonard Leo gave $3 million to the Republican Attorneys General Association in the fourth quarter, making it the largest contributor to the organization in 2022.
Over the past two years, Koch Industries and its astroturf political arm, Americans for Prosperity, have spent millions lobbying Congress to kill President Biden’s agenda, with the Inflation Reduction Act and its stalled predecessor, Build Back Better, among its top targets.
The New Civil Liberties Alliance’s latest lawsuit offers up a new take on ‘do no harm.’
IRS filings from Charles Koch’s Americans for Prosperity Foundation confirm that the group paid $10 million to the law firm Quinn Emanuel Urquhart & Sullivan, LLP, which litigated Americans for Prosperity Foundation v. Bonta from 2015 through 2021.
At last week’s States and Nation Policy Summit, the American Legislative Exchange Council doubled down on its latest strategy of protecting the fossil fuel industry by blacklisting “woke” companies that embrace climate protection goals.
Charles Koch’s political operation had a rough year. Despite the billionaire’s huge investments in Americans for Prosperity, his political and advocacy organization, and its super PAC, AFP Action, scored few electoral gains in the midterms and suffered major legislative defeats in Congress.
Billionaire Charles Koch’s personal foundation disclosed $81.7 million in grants to 140 colleges and universities in its 2021 IRS filing.
DonorsTrust and Donors Capital Fund, the favorite donor conduits of the Koch political network, distributed $123 million in grants in 2021 to right-wing advocacy groups, litigation centers, media outlets, climate deniers, extremists, pro-gun groups, and other tax-exempt organizations that make up America’s right-wing infrastructure, the latest tax filings from both groups detail.