The Koch family (/koʊk/KOHK) is an American family engaged in business, best known for their political activities and their control of Koch Industries, the 2nd largest privately owned company in the United States (with 2019 revenues of $115 billion).[1] The family business was started by Fred C. Koch, who developed a new cracking method for the refinement of heavy crude oil into gasoline.[2][3] Fred's four sons litigated against each other over their interests in the business during the 1980s and 1990s.[4]
By 2019, Charles Koch and David Koch, commonly referred to as the Koch brothers, were the only ones of Fred Koch's four sons still with Koch Industries.[5]
Charles and David Koch built a political network of libertarian and conservative donors, and the brothers funneled financial revenue into television and multi-media advertising. David Koch died in August 2019.
Family members
Fred C. Koch (1900–1967), American chemical engineer and entrepreneur who founded the oil refinery firm that later became Koch Industries and was one of the founding members of the John Birch Society.[6][7][8][9]
Mary Robinson Koch (1907–1990),[10] wife of Fred C. and eponym of the company's namesake tanker vessel Mary R. Koch
The Koch family foundations are a related group of non-profit organizations that began with the establishment of the Fred and Mary Koch Foundation in 1953, and now includes the Charles Koch Foundation, the David H. Koch Charitable Foundation and the Koch Cultural Trust. The organizations collectively have a stated goal of "advancing liberty and freedom" through the support of various causes which "further social progress and sustainable growth in prosperity".[11] In addition to the direct action of the non-profits, the groups have also contributed financially to other organizations in the fields of research, libertarian solutions to public well-being, arts, and education, including contributions to think-tanks through organizations like the Cato Institute (formerly the Charles Koch Foundation).[12]
While Bill Koch has also been active in conservative political causes (particularly opposing the Obama administration's climate change program),[13] it is his brothers Charles and David who have become famous for their activity in American politics, beginning in at least 1980, when David Koch was the vice-presidential nominee of the Libertarian Party. Their political contributions began to attract widespread attention from media outlets in 2008, when, through their family foundations, the brothers contributed to 34 political and policy organizations, three of which they founded, and several of which they directed.[14] They have since organized a network of an estimated 500 libertarian and conservative donors,[15] candidates, think tanks, and other groups. As an example of their influence, investigative journalist Jane Mayer noted House Speaker John Boehner's appeal to David Koch in 2011 when Boehner needed votes to prevent a government shutdown.[16]
Americans for Prosperity, founded by David Koch, has been reported by Kenneth P. Vogel of Politico to be one of the main nonprofit groups assisting the Tea Party movement; but in 2010, Koch spokeswoman Melissa Cohlmia distanced the Kochs from the tea parties and FreedomWorks saying that "no funding has been provided by Koch companies, the Koch foundations, Charles Koch or David Koch specifically to support the tea parties".[26] According to the Koch Family Foundations and Philanthropy website, "the foundations and the individual giving of Koch family members" have financially supported organizations "fostering entrepreneurship, education, human services, at-risk youth, arts and culture, and medical research".[27]
The Koch family funding apparatus has been funding conservative and libertarian groups through think tanks for over forty years. The Cato Institute, which Charles Koch helped create in 1974, is consistently ranked as among the top 25 U.S. think tanks overall in terms of influence on public policy in the United States.[31] In 2015, the Kochs worked with the American Civil Liberties Union on criminal justice reform, specifically in the realm of civil asset forfeiture. The Kochs have also worked to push legislation aiming to adjust federal sentencing guidelines and reduce prison populations.[32]
^Koch, Charles C. (2007). The Science of Success: How Market-Based Management Built the World's Largest Private Company. John Wiley & Sons. p. 6. ISBN978-0-470-13988-2.
^"Koch Industries, Inc". Company Profile Report. Hoover's, Inc. 2010. Retrieved May 10, 2010. [W]hen he tried to market his invention, the major oil companies sued him for patent infringement. Koch eventually won the lawsuits (after 15 years in court), but the controversy made it tough [?!] to attract many US customers.
^"Epic struggle among Koch brothers ends". Houston Chronicle. May 26, 2001. p. 2.
^Davis, Jonathan T. (1997). Forbes Richest People: The Forbes Annual Profile of the World's Wealthiest Men and Women. Wiley. p. 138. ISBN978-0-471-17751-7. Founding member (1958) John Birch Society – reportedly after seeing Russian friends liquidated
^Wayne, Leslie (December 7, 1986). "Brothers at Odds". The New York Times. Sec. 6; Part 2, p. 100, col. 1. ISSN0362-4331. He returned a fervent anti-Communist who would later become a founding member of the John Birch Society.
^Leonard, Christopher (2019). Kochland: the secret history of Koch Industries and corporate power in America. New York: Simon & Schuster. ISBN978-1-4767-7538-8.