David Koch: Difference between revisions
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Both FreedomWorks and Americans for Prosperity have been providing funding and training to the US [[Tea Party movement]], which opposes much of [[President of the United States|U.S. President]] [[Barack Obama]]'s policies and legislative agenda.<ref name="Mayer" /> In addition, Koch sits on the board and gives money to the libertarian Cato Institute and Reason Foundation.<ref name="Mayer">{{cite journal|url=http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer |title=Covert Operations: The billionaire brothers who are waging a war against Obama |journal=[[The New Yorker]] |date=August 30, 2010 |first=Jane |last=Mayer |authorlink=Jane Mayer }}</ref><ref name=Wallet/><ref>{{cite journal|url=http://online.wsj.com/article/SB125064719500442047.html |title=Conservatives Take a Page From Left's Online Playbook |journal=[[The Wall Street Journal]] |date=August 20, 2009 |first=Jake |last=Sherman}}</ref> |
Both FreedomWorks and Americans for Prosperity have been providing funding and training to the US [[Tea Party movement]], which opposes much of [[President of the United States|U.S. President]] [[Barack Obama]]'s policies and legislative agenda.<ref name="Mayer" /> In addition, Koch sits on the board and gives money to the libertarian Cato Institute and Reason Foundation.<ref name="Mayer">{{cite journal|url=http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer |title=Covert Operations: The billionaire brothers who are waging a war against Obama |journal=[[The New Yorker]] |date=August 30, 2010 |first=Jane |last=Mayer |authorlink=Jane Mayer }}</ref><ref name=Wallet/><ref>{{cite journal|url=http://online.wsj.com/article/SB125064719500442047.html |title=Conservatives Take a Page From Left's Online Playbook |journal=[[The Wall Street Journal]] |date=August 20, 2009 |first=Jake |last=Sherman}}</ref> |
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In the late summer and early fall of 2010, Koch's contributions to political campaigns, free-market [[think tanks]] and other advocacy organizations came under increased scrutiny. Koch supports the [[Tea Party movement]] and Republican candidates, and [[California Proposition 23 (2010)]]. In July 2010, ''[[New York Magazine]]'' profiled him, calling him the "tea party’s wallet".<ref name="Wallet" /> In August 2010, [[Jane Mayer]] of ''[[The New Yorker]]'' wrote on the political spending of David and Charles Koch.<ref>{{Cite web| last =Lewis| first =Matt| title =Koch Brothers Donate to Charity as well as 'Right Wing Causes'| publisher =[[Politics Daily]]| date =2010-09-02| url =http://www.politicsdaily.com/2010/09/02/koch-brothers-give-more-to-charity-than-to-right-wing-causes/| accessdate =2011-02-01 }}</ref> [[White House]] political advisor [[David Axelrod]] wrote in ''[[The Washington Post]],'' calling them "campaigners we can't see."<ref name="axelrod">{{cite news | date = September 23, 2010 | author = David Axelrod | agency = The Washington Post | title = The election campaigners we can't see | url = http://www.washingtonpost.com/wp-dyn/content/article/2010/09/22/AR2010092204665.html }}</ref> Koch says that: "I’ve never been to a tea party event. No one representing the tea party has ever even approached me."<ref name="nymag.com"/> |
In the late summer and early fall of 2010, Koch's contributions to political campaigns, free-market [[think tanks]] and other advocacy organizations came under increased scrutiny. Koch supports the [[Tea Party movement]] and Republican candidates, and [[California Proposition 23 (2010)]]. In July 2010, ''[[New York Magazine]]'' profiled him, calling him the "tea party’s wallet".<ref name="Wallet" /> In August 2010, [[Jane Mayer]] of ''[[The New Yorker]]'' wrote on the political spending of David and Charles Koch.<ref>{{Cite web| last =Lewis| first =Matt| title =Koch Brothers Donate to Charity as well as 'Right Wing Causes'| publisher =[[Politics Daily]]| date =2010-09-02| url =http://www.politicsdaily.com/2010/09/02/koch-brothers-give-more-to-charity-than-to-right-wing-causes/| accessdate =2011-02-01 }}</ref> [[White House]] political advisor [[David Axelrod]] wrote in ''[[The Washington Post]],'' calling them "campaigners we can't see."<ref name="axelrod">{{cite news | date = September 23, 2010 | author = David Axelrod | agency = The Washington Post | title = The election campaigners we can't see | url = http://www.washingtonpost.com/wp-dyn/content/article/2010/09/22/AR2010092204665.html }}</ref> Koch says that: "I’ve never been to a tea party event. No one representing the tea party has ever even approached me."<ref name="nymag.com"/> |
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During an on-camera interview in January 2011, Koch expressed support for the activities of the Tea Party-linked group [[Americans for Prosperity]].<ref>David Koch, video interview with Lee Fang of ThinkProgress. 6 January 2011. |
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- "TP: Just a quick interview. Are you proud of what Americans for Prosperity has achieved this year? |
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- KOCH: You bet I am, man oh’ man. We’re going to do more too in the next couple of years, you know." |
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- http://thinkprogress.org/2011/01/06/koch-teaparty-us/.</ref> |
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==Philanthropy== |
==Philanthropy== |
Revision as of 03:02, 9 February 2011
David H. Koch | |
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Born | Wichita, Kansas[1] | May 3, 1940
Citizenship | United States |
Education | Chemical engineer |
Alma mater | M.I.T., bachelor's (1962) master's (1963) |
Occupation | Executive vice president Koch Industries |
Known for | Philanthropy to cultural and medical institutions; Political advocacy in support of libertarian and conservative causes[2][3] |
Political party | Libertarian (before 1984), Republican |
Opponent(s) | Ran on Libertarian ticket for Vice President in 1980 election against Carter–Mondale, and Reagan–Bush |
Board member of | Aspen Institute, Cato Institute, Reason Foundation |
Spouse | Julia M. Flesher Koch[4][5] |
Children | three |
Parent(s) | Fred C. Koch, father |
Relatives | siblings Frederick R. Koch, Charles G. Koch and William I. Koch |
Awards | Honorary Doctor of Humane Letters - Cambridge College; Corporate Citizens Award - Woodrow Wilson International Center for Scholars[1] |
David Hamilton Koch (pronounced "coke",[4] born May 3, 1940) is an American businessman, philanthropist, political activist and chemical engineer. He is a co-owner, (with older brother Charles), and an executive vice president of Koch Industries, a conglomerate that is the second largest privately held company in the U.S.[7] Koch is the richest resident of New York City, as of 2010.[3][6] He is a major patron of the arts and funder of conservative and libertarian political causes, and has been linked to the American Tea Party movement. He denies any connection.[2][3][8] Among other charities, he has contributed to Lincoln Center, Sloan Kettering, a fertility clinic at New York-Presbyterian Hospital and the American Museum of Natural History's David H. Koch Dinosaur Wing.[9] The home of the New York City Opera and New York City Ballet was renamed the David H. Koch Theater in 2008. Condé Nast Portfolio describes him as "one of the most generous but low-key philanthropists in America."[10]
Early life and education
Born in Wichita, Kansas, Koch is one of four sons of petroleum industry innovator Fred C. Koch. He attended the Deerfield Academy prep school in Massachusetts, graduating in 1959. He went on to the Massachusetts Institute of Technology (MIT), earning both a bachelor's (1962) and a master's degree (1963) in chemical engineering.
He established an MIT record in basketball by scoring an average of 21 points per game over three years, and held MIT's single-game scoring record of 41 points, from 1962 when he was captain of the team,[3] until it was broken in early 2009 by Jimmy Bartolotta.
Political career
Koch was the Libertarian Party's vice-presidential candidate in the 1980 presidential election, sharing the party ticket with presidential candidate Ed Clark. The Clark–Koch ticket promised to abolish Social Security, the Federal Reserve Board, welfare, minimum-wage laws, corporate taxes, all price supports and subsidies for agriculture and business, and U.S. Federal agencies including the SEC, EPA, ICC, FTC, OSHA, FBI, CIA, and DOE.[2][11] The ticket proposed legalization of prostitution, recreational drugs, and suicide.[2] The ticket received 921,128 votes, 1.06% of the total nationwide vote,[12] the Libertarian Party national ticket's best showing to date.[13]
After the bid, according to a book by Brian Doherty, an editor of Reason magazine, David and his brother Charles viewed politicians as "actors playing out a script" and they wanted to "supply the themes and words for the scripts" by influencing "the areas where policy ideas percolate from: academia and think tanks".[2]
Koch credits the campaign of Roger MacBride as his inspiration for getting involved in politics, telling a reporter from New York Magazine,
- "Here was a great guy, advocating all the things I believed in. He wanted less government and taxes, and was talking about repealing all these victimless crime laws that accumulated on the books. I have friends who smoke pot. I know many homosexuals. It's ridiculous to treat them as criminals—and here was someone running for president, saying just that."[14]
According to Koch, he gave his own Vice Presidential campaign $100,000 a month after being chosen as Ed Clark's running mate. "We'd like to abolish the Federal Elections Commission and all the limits on campaign spending anyway," Koch told New York Magazine's Rinker Buch in 1980. When asked why he ran, Koch replied, "Lord knows I didn't need a job, but I believe in what the Libertarians are saying. I suppose if they hadn't come along, I could have been a big Republican from Wichita. But hell—everybody from Kansas is a Republican." [14]
He broke with the Libertarian Party in 1984 when it supported eliminating all taxes[15] and Koch has since been a Republican.[3]
Current political views
He opposed the Iraq war, supports gay marriage, and stem-cell research.[15] He is against the Patient Protection and Affordable Care Act and was against the Dodd–Frank Wall Street Reform and Consumer Protection Act.[15] Koch is unsure if global warming is caused by humans and thinks a warmer planet would be good because "[t]he Earth will be able to support enormously more people because a far greater land area will be available to produce food".[15]
Advocacy
In 1984, Koch founded, served as Chairman of the board of directors of, and donated to the free-market Citizens for a Sound Economy. In 2004, this organization separated into Americans for Prosperity Foundation and FreedomWorks. Koch continues as Chairman of the Board and gives money to Americans for Prosperity Foundation and to a related advocacy organization, Americans for Prosperity. A Koch spokesperson issued a press release stating that the Koch's have "no ties to and have never given money to FreedomWorks"[16]
Both FreedomWorks and Americans for Prosperity have been providing funding and training to the US Tea Party movement, which opposes much of U.S. President Barack Obama's policies and legislative agenda.[2] In addition, Koch sits on the board and gives money to the libertarian Cato Institute and Reason Foundation.[2][3][17] In the late summer and early fall of 2010, Koch's contributions to political campaigns, free-market think tanks and other advocacy organizations came under increased scrutiny. Koch supports the Tea Party movement and Republican candidates, and California Proposition 23 (2010). In July 2010, New York Magazine profiled him, calling him the "tea party’s wallet".[3] In August 2010, Jane Mayer of The New Yorker wrote on the political spending of David and Charles Koch.[18] White House political advisor David Axelrod wrote in The Washington Post, calling them "campaigners we can't see."[19] Koch says that: "I’ve never been to a tea party event. No one representing the tea party has ever even approached me."[15]
During an on-camera interview in January 2011, Koch expressed support for the activities of the Tea Party-linked group Americans for Prosperity.[20]
Philanthropy
Since 2000, Koch has pledged and/or donated more than $600 million to the arts, education and medical research, more than he gave to political causes.[21]
Arts
In July 2008, Koch pledged $100 million over 10 years to renovate the New York State Theater in the Lincoln Center for the Performing Arts (now called the David H. Koch Theater),[22] and has pledged $10 million to renovate the outdoor fountains at the Metropolitan Museum of Art.[23]
Koch has been a trustee of the American Ballet Theater for 25 years[24] and has contributed more than $6 million to the theater.[25]
Medical Research
A prostate cancer survivor,[26] Koch sits on the Board of Directors of the Prostate Cancer Foundation and has contributed $41 million to the Foundation, including $5 million to a collaborative project in the field of nanotechnology.[27] Koch is the eponym of the David H. Koch Chair of the Prostate Cancer foundation, a position currently held by Dr. Jonathan Simons.
In 2007, he contributed $100 million to the Massachusetts Institute of Technology to help fund the construction of a new 350,000-square-foot (33,000 m2) research and technology facility to serve as the home of the David H. Koch Institute for Integrative Cancer Research.[28] He also contributed $20 million to Johns Hopkins University School of Medicine in Baltimore. The building he financed was named the David H. Koch Cancer Research Building.[29] $30 million to the Memorial Sloan–Kettering Cancer Center in New York,[30] $25 million to the M.D. Anderson Cancer Center in Houston to establish the David Koch Center for Applied Research in Genitourinary Cancers,[31] $15 million to New York-Presbyterian Hospital Weill Cornell Medical Center.[32]
Education
Koch contributed $7 million to the Public Broadcasting Service (PBS) show Nova,[33] and is a contributer to the Smithsonian Institution in Washington, D.C., including a $20 million gift to the American Museum of Natural History, creating the David H. Koch Dinosaur Wing and a contribution of $15 million to the National Museum of Natural History to create the new David H. Koch Hall of Human Origins, which opened on the museum's 100th anniversary of its location on the National Mall on March 17, 2010.[34]
Koch also financed the construction of Deerfield Academy's $68 million Koch Center for mathematics, science and technology,[35] and was named the first and only Lifetime Trustee.[35]
Koch gave $10 million to the Cold Spring Harbor Laboratory[36] where he was honored with the Double Helix Medal for Corporate Leadership for supporting research that, "improves the health of people everywhere."[37]
Real estate development
In May 2006 he sold what had been Jackie Kennedy's New York City apartment for more than $33 million.[38] He bought the apartment for $9.5 million in 1995.[39] He teamed up with members of New York City high society—including Victoria Newhouse, wife of media mogul S.I. Newhouse Jr., among others—to try to block Donald Trump's Trump World Tower.[40]
See also
References
- ^ a b c "Koch, David Hamilton (1940)". New Netherland Project. Retrieved August 31, 2010.
- ^ a b c d e f g Mayer, Jane (August 30, 2010). "Covert Operations: The billionaire brothers who are waging a war against Obama". The New Yorker.
- ^ a b c d e f g Goldman, Andrew (July 25, 2010). "The Billionaire's Party: David Koch is New York's second-richest man, a celebrated patron of the arts, and the tea party's wallet". New York Magazine. Retrieved August 26, 2010.
- ^ a b Elizabeth Bumiller (January 11, 1998). "Woman Ascending A Marble Staircase". The New York Times. Retrieved August 31, 2010.
- ^ NYT staff (May 26, 1996). "Weddings;Julia M. Flesher, David H. Koch". Style. The New York Times. Retrieved September 2, 2010.
- ^ a b Margaret Collins and Alexis Leondis (Sep 23, 2010). "Bill Gates Tops Forbes Ranking of 400 Wealthiest Americans". Bloomberg.
- ^ Cargill is the largest. David Koch - Libertarian, Advocates for Self-Government
- ^ Zernike, Kate (October 19, 2010). "Secretive Republican Donors Are Planning Ahead". New York Times.
- ^ http://books.google.com/books?id=wk2FfQQ_DmsC&lpg=PA244&dq=David%20H.%20Koch&pg=PA244#v=onepage&q=David%20H.%20Koch&f=false
- ^ Weiss, Gary, "The Price of Immortality," Portfolio, November 2008
- ^ How Those Libertarians Pay the Bills New York Magazine 3 November 1980. pg. 21-2.
- ^ U.S. Presidential Election Atlas,
- ^ James T. Bennett, Not Invited to the Party: How the Demopublicans Have Rigged the System and Left Independents Out in the Cold, Springer, 2009, p. 167, ISBN 1-4419-0365-8
- ^ a b http://books.google.com/books?id=ueUCAAAAMBAJ&pg=PA18&dq=David+Koch&hl=en&ei=Mv7cTJ6HJIe2sAO24LntCg&sa=X&oi=book_result&ct=result&resnum=9&ved=0CEoQ6AEwCA#v=onepage&q=David%20Koch&f=false
- ^ a b c d e http://nymag.com/print/?/news/features/67285/
- ^ Weigel, David (April 15, 2010). "Dick Armey: Please, Koch, keep distancing yourself from me". Washington Post.
- ^ Sherman, Jake (August 20, 2009). "Conservatives Take a Page From Left's Online Playbook". The Wall Street Journal.
- ^ Lewis, Matt (2010-09-02). "Koch Brothers Donate to Charity as well as 'Right Wing Causes'". Politics Daily. Retrieved 2011-02-01.
- ^ David Axelrod (September 23, 2010). "The election campaigners we can't see". The Washington Post.
- ^ David Koch, video interview with Lee Fang of ThinkProgress. 6 January 2011. - - "TP: Just a quick interview. Are you proud of what Americans for Prosperity has achieved this year? - - KOCH: You bet I am, man oh’ man. We’re going to do more too in the next couple of years, you know." - - http://thinkprogress.org/2011/01/06/koch-teaparty-us/.
- ^ Lewis, Matthew (September 2, 2010). "Koch Brothers Give More to Charity than to Right Wing Causes". Politics Daily.
- ^ Pogrebin, Robin (July 10, 2008). "David H. Koch to Give 100 Million to Theater". The New York Times.
- ^ Souccar, Miriam Kreinin (June 27, 2010). "It's a Philanthropy Thing". Crains New York.
- ^ Donnelly, Shannon (June 2, 2010). "American Ballet Theatre Celebrates 70th Season, David Koch's Birthday". Palm Beach Daily News.
- ^ Cole, Patrick (May 17, 2010). "David Koch Toasted by Caroline Kennedy, Robert DeNiro". Bloomberg.
- ^ [1]
- ^ [2]
- ^ Karagianis, Liz (2008). “Empathy for Others”. Spectrvm
- ^ [3]
- ^ [4]
- ^ [5]
- ^ [6] and $25 million to The Hospital for Special Surgery in New York City [7]
- ^ [8]
- ^ "Smithsonian to Open Hall Dedicated to Story of Human Evolution". The Washington Post. March 30, 2010.
- ^ a b Cobbs, Lucy (February 25, 2010). "David Koch Named Lifetime Trustee". Deerfield Scroll.
- ^ "Cold Spring Harbor Laboratory surpasses capital campaign goal". Wednesday, 15 July 2009.
{{cite web}}
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(help) - ^ "$3.1 Million Raised at Cold Spring Harbor Laboratory's 2007 Double Helix Medals Dinner". Wednesday, 21 November 2007.
{{cite web}}
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(help) - ^ http://books.google.com/books?id=APSWggj6oT0C&lpg=PA540&dq=David%20Koch&pg=PA540#v=onepage&q=David%20Koch&f=false
- ^ http://books.google.com/books?id=MyCITQXTJBEC&lpg=PA287&dq=David%20Koch&pg=PA287#v=onepage&q=David%20Koch&f=false
- ^ http://books.google.com/books?id=AXepB1dBCzcC&lpg=PA330&dq=David%20Koch&pg=PA330#v=onepage&q=David%20Koch&f=false
External links
- Appearances on C-SPAN
- Political contributions from Influence Explorer at the Sunlight Foundation
- Names in the News: David and Charles Koch at FollowTheMoney.org
- Collected news and commentary at The New York Times