Koch Bros. Inside the $400-million political network backed by the Kochs. Culture Connoisseur Badge Culture Connoisseurs consistently offer thought-provoking, timely comments on the arts, lifestyle and entertainment.
More about badges | Request a badge Washingtologist Badge Washingtologists consistently post thought-provoking, timely comments on events, communities, and trends in the Washington area. Post Writer Badge This commenter is a Washington Post editor, reporter or producer. Post Contributor Badge This commenter is a Washington Post contributor. Post Recommended Washington Post reporters or editors recommend this comment or reader post. You must be logged in to report a comment. You must be logged in to recommend a comment. Koch Industries. Coordinates: In 2013, Forbes called it the second largest privately held company in the United States (after Cargill), with an annual revenue of $115 billion,[5][6][7] down from the largest in 2006.
If Koch Industries were a public company in 2013, it would have ranked 17 in the Fortune 500.[8] History[edit] Predecessor companies[edit] In 1925, Fred C. In 1940, Koch joined new partners to create a new firm, the Wood River Oil and Refining Company, which is today known as Koch Industries. Charles G. Koch Charitable Foundation. The Florida State University. FSU professors spark debate over donor money. FSU professors spark debate over donor money. Koch gift too costly for Florida State. Florida State University's economics department needs to reconsider its relationship with billionaire Charles G.
Koch, who pledged $1.5 million to the school as long as professors hired with the money hew to Koch's Libertarian philosophy. The arrangement reeks of pandering and undermines academic freedom, the cornerstone of American higher education. Under the terms of a 2008 deal with the Charles G. Koch Charitable Foundation, FSU's economics department is scheduled to receive $1.5 million over six years to hire professors. But faculty members hired with foundation money must be approved by an advisory committee handpicked by Koch. FSU, like many colleges and universities throughout Florida, struggles with increasing budgetary constraints. But such blatant pandering undermines the institution's credibility and would be just as improper if a wealthy liberal benefactor such as George Soros demanded his own professors for hire. Doctorow: American oligarch buys the right to hire professors at Florida State U. Florida State University has sold Charles G.
Koch the right to decide who they can hire to fill two economics slots at the public university, for the low sum of $1.5 million. Koch (one of the Koch brothers, the billionaires who funded the Tea Party and the campaigns of anti-union governors in the midwest) "donated" the amount through his Charles G. Koch Charitable Foundation, with strings attached: he got to appoint an advisory committee that would be in charge of choosing the professors who would be funded through his grant. He also gets to set "targets" for these professors, and can withdraw his money if they're not met.
David W. The Kochs Invade Florida State University! Koch U: Florida State University Hands Over Economics Department to Billionaire Libertarians. Via Andy Kroll, the billionaire Koch brothers, based on a minor investment, are remaking the economics department at Florida State University: A foundation bankrolled by Libertarian businessman Charles G.
Koch has pledged $1.5 million for positions in Florida State University’s economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting “political economy and free enterprise.”Traditionally, university donors have little official input into choosing the person who fills a chair they’ve funded. The power of university faculty and officials to choose professors without outside interference is considered a hallmark of academic freedom.Under the agreement with the Charles G. Koch Charitable Foundation, however, faculty only retain the illusion of control. Billionaire's role in hiring decisions at Florida State University raises questions. A conservative billionaire who opposes government meddling in business has bought a rare commodity: the right to interfere in faculty hiring at a publicly funded university.
A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University's economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting "political economy and free enterprise. " Traditionally, university donors have little official input into choosing the person who fills a chair they've funded. The power of university faculty and officials to choose professors without outside interference is considered a hallmark of academic freedom. FSU Accepts Funds From Charles Koch In Return For Control Over Its Academic Freedom. By Travis Waldron on May 10, 2011 at 11:45 am "FSU Accepts Funds From Charles Koch In Return For Control Over Its Academic Freedom" Charles Koch, the billionaire libertarian who has funded front-groups and lobbying efforts to expand his anti-tax, anti-regulatory agenda under the guise of “free enterprise,” has now widened his reach into another key public policy area: academics.
Exclusive: Billionaires secretly fund attacks on climate science - Climate Change - Environment. A secretive funding organisation in the United States that guarantees anonymity for its billionaire donors has emerged as a major operator in the climate "counter movement" to undermine the science of global warming, The Independent has learnt.
The Donors Trust, along with its sister group Donors Capital Fund, based in Alexandria, Virginia, is funnelling millions of dollars into the effort to cast doubt on climate change without revealing the identities of its wealthy backers or that they have links to the fossil fuel industry. However, an audit trail reveals that Donors is being indirectly supported by the American billionaire Charles Koch who, with his brother David, jointly owns a majority stake in Koch Industries, a large oil, gas and chemicals conglomerate based in Kansas. Millions of dollars has been paid to Donors through a third-party organisation, called the Knowledge and Progress Fund, with is operated by the Koch family but does not advertise its Koch connections.
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