Saturday, July 26, 2014

Koch Political Universe Vaster Than Previously Known

Wednesday, 23 July 2014 10:55
By Brendan Fischer and Nick Surgey, PRWatch

Newly-obtained documents show that the billionaire Koch brothers' political giving is much more expansive than has previously been known.

In addition to the hundreds of millions flowing into politics by way of the Kochs' network of foundations and funding vehicles like Freedom Partners, David Koch writes millions of dollars in personal checks to political organizations every year, and funds from the Koch Industries corporate treasury are used to bankroll the right-wing infrastructure the Kochs have developed. Koch Industries, the company David runs with his brother Charles, is the second-largest privately-held company in the country.

In some cases, Koch giving through largely untraceable personal or corporate checks outstrips the known donations made through the Koch family foundations and secretive pass-through groups like Freedom Partners.

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