Posted on 06/04/2019 10:42:48 PM PDT by Olog-hai
If a billionaire’s approach to philanthropy is a reflection of himself, Charles Koch’s latest initiative tackling poverty embodies both the wealthy industrialist’s business acumen and his distaste for big government.
The 3-year-old Stand Together Foundation has lately taken center stage in the Koch empire, which has been recalibrating some of its wide-ranging operation that is both villainized and revered by the American public. The shifting strategy comes as the GOP icon’s sprawling network of rich donors, powerful political groups and various tax-exempted advocacy organizations continues to downplay its more well-known but controversial political agenda, which has pumped hundreds of millions of dollars into shaping U.S. elections and policy debates.
In 2018, for example, most of the Stand Together’s $30 million budget went to pay for nonprofit grants. Also last year, Koch pledged to spend $400 million on politics and policy, with much of its midterm elections spending focused on helping conservative candidates. Koch’s political arm, Americans for Prosperity as the most prominent affiliate, also is widely known for supporting the Tea Party movement and fighting to overturn President Barack Obama’s health care expansion.
Cast by Democrats as a dark-money force in GOP politics, Koch is redirecting his public focus on innocuous charity work and leaning deeper into the traditional philanthropy model of giving grants to benefit local community organizations. A key part of this foray is infusing the work of private nonprofits with corporate principles and business management training. Koch also gives the charities grant money and extends his influence to help them expand. …
(Excerpt) Read more at apnews.com ...
Screw the Koch Bros! If they both died tomorrow, the world would be a decidedly better place! Same for Tom Steyer and George Soros. They are all out of the same kettle of worthless fish!
Meanwhile, Kock remains on the sideline as socialists try to take down the best president we have had since Reagan. Koch has had good things to say about Bernie Sanders but not much good to say about President Trump.
Koch has worked to undermine the definition of marriage. This is a big deal because it undermines the future of our society.
No matter how efficient Koch's widget plants are operated, Los Angeles will continue to rot if the culture is rotten. And that is something Koch does not understand.
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