Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Charles Koch Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)4201 WILSON BLVD SUITE 0800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ARLINGTON, VA22203
A Employer identification number

48-0918408
B Telephone number (see instructions)

(703) 214-7118
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$748,223,343J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 52,606
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,287,640 1,287,640  
4 Dividends and interest from securities...   30,594,865  
5a Gross rents............ 286    
b Net rental income or (loss) 286
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 112,359,456
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-25,000 -569,881 0
12 Total. Add lines 1 through 11........ 1,315,532 143,672,080 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 761,771     761,771
14 Other employee salaries and wages...... 2,708,467     3,254,802
15 Pension plans, employee benefits....... 190,985     305,896
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
175 0 0 175
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
49,981 4,498 0 40,485
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
229,856 0 0 229,856
17 Interest............... 14,550 16,507,561    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
987,487 137,059 0 -2,318,415
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 670,843     676,902
22 Printing and publications.......... 1,819 0 0 1,819
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
53,156 2,027,743 0 40,760
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,669,090 18,676,861 0 2,994,051
25 Contributions, gifts, grants paid....... 77,342,908 74,707,416
26 Total expenses and disbursements. Add lines 24 and 25 83,011,998 18,676,861 0 77,701,467
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -81,696,466
b Net investment income (if negative, enter -0-) 124,995,219
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 48,245 48,193 48,193
2 Savings and temporary cash investments......... 46,326,740 53,691,262 53,691,262
3 Accounts receivable right arrow4,409
Less: allowance for doubtful accounts right arrow   682,868 4,409 4,409
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 6,169,443 2,821,289 2,821,289
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow1,650,000
Less: accumulated depreciation (attach schedule) right arrow0 1,840,000 Click to see attachment
List of Attached Documents:
// Content
1,650,000 		1,650,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 738,655,923 Click to see attachment
List of Attached Documents:
// Content
690,008,190 		690,008,190
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 793,723,219 748,223,343 748,223,343
Liabilities 17 Accounts payable and accrued expenses.......... 1,345,102 673,935
18 Grants payable................. 305,000 2,935,491
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,625,000 		Click to see attachment
List of Attached Documents:
// Content
1,700,000
23 Total liabilities (add lines 17 through 22)......... 4,275,102 5,309,426
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 789,448,117 742,913,917
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 789,448,117 742,913,917
30 Total liabilities and net assets/fund balances (see instructions). 793,723,219 748,223,343
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
789,448,117
2
Enter amount from Part I, line 27a .....................
2
-81,696,466
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
35,162,266
4
Add lines 1, 2, and 3 ..........................
4
742,913,917
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
742,913,917
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a INVESTMENT CAPITAL GAIN      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 112,359,456     112,359,456
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a     0 112,359,456
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 112,359,456
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,737,434
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,737,434
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,737,434
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,353,904
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 150,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,503,904
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 766,470
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow766,470 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDC, KS, VA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see list of attachments
List of Attached Documents:
// Content
.............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.CHARLESKOCHFOUNDATION.ORG
14
The books are in care ofright arrowHENRICH HEUER Telephone no.right arrow (703) 214-7118

Located atright arrow4201 WILSON BLVD SUITE 800ARLINGTONVA ZIP+4right arrow22203
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
Yes
 
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Ryan Stowers Executive Director
50.000 		419,992 48,564 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Jonathan Franklin Chief Operating Officer
50.000 		341,779 41,272 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Charles G Koch Chair
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Charles Chase Koch Vice Chair
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Brian Hooks DIRECTOR
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Elizabeth Koch DIRECTOR
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Dale Gibbens DIRECTOR
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
David L Robertson DIRECTOR
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Brian Menkes Secretary
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Kara Hartnett Treasurer Outgoing (9/29/23)
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
HENRICH Heuer Treasurer Incoming (10/2/23)
1.000 		0 0 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
Brett Hinkey Dir Partnerships
50.000 		315,818 44,409 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Stephen Sweet Sr Program Officer
50.000 		253,296 41,327 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Brennan Brown Dir Partnership Dev.
50.000 		241,377 38,666 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Michael Wilt Prog Off Con Ltd Gov
50.000 		194,216 6,963 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Allison Kasic Vice President
50.000 		171,911 24,618 0
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
Total number of other employees paid over $50,000...................right arrow 26
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Common Group LLC Research services 100,000
1853 Webster St
San Francisco,CA94115
GSV Summit LLC Conference 75,750
875 N Michigan Avenue
Suite 3520
Chicago,IL60611
Jobs for the Future Conference Sponsorship 75,000
50 Milk Street
17th Floor
Boston,MA02110
Doug Lynch Workshop 58,095
3031 W Coulter St
Philadelphia,PA19129
The Future of Education Speaker 51,000
8 Anthony Road
Lexington,MA01864
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NONE  
2 NONE  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
28,935,006
c
Fair market value of all other assets (see instructions)................
1c
740,495,923
d
Total (add lines 1a, b, and c).........................
1d
769,430,929
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
769,430,929
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
11,541,464
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
757,889,465
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
37,894,473
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
37,894,473
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,737,434
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,737,434
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
36,157,039
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
36,157,039
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
36,157,039
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
77,701,467
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
77,701,467
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 36,157,039
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 91,068,230
b From 2019...... 112,313,380
c From 2020...... 76,520,082
d From 2021...... 66,742,273
e From 2022...... 31,334,096
f Total of lines 3a through e ........ 377,978,061
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 77,701,467
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 36,157,039
e Remaining amount distributed out of corpus 41,544,428
5 Excess distributions carryover applied to 2023.   0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 419,522,489
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		91,068,230
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		328,454,259
10 Analysis of line 9:
a Excess from 2019.... 112,313,380
b Excess from 2020.... 76,520,082
c Excess from 2021.... 66,742,273
d Excess from 2022.... 31,334,096
e Excess from 2023.... 41,544,428
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
CHARLES G KOCH DIRECTOR AND CHMN
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
CHARLES KOCH FOUNDATION
4201 WILSON BLVD SUITE 800
ARLINGTON,VA22203
(571) 290-6811
bThe form in which applications should be submitted and information and materials they should include:
SEE STATEMENT
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

North Park University

3225 W Foster Ave
Chicago,IL60625 		NONE PC General operating support 26,250

Institute for Humane Studies

3434 Washington Blvd MS 1C5 Suite 3
01
Arlington,VA22201 		NONE PC General operating support 11,900,000

Emory University

201 Dowman Dr
Atlanta,GA30322 		NONE PC General operating support 58,000

Make it Movement

828 W 6th Street
Austin,TX78703 		NONE PC General operating support 275,000

Azusa Pacific University

901 E Alosta Ave PO Box 7000
Azusa,CA917027000 		NONE PC General operating support 22,000

Johns Hopkins University

347 Gilman Hall
Baltimore,MD21218 		NONE PC General operating support 1,089,000

Louisiana State University Foundation

3838 West Lakeshore Drive
Baton Rouge,LA70808 		NONE PC General operating support 340,000

Southwest Baptist University

1600 University Ave
Bolivar,MO65613 		NONE PC General operating support 16,470

Northeastern University

360 Huntington Avenue
Boston,MA02115 		NONE PC General operating support 184,647

Per Scholas Inc

804 East 138th Street
Bronx,NY10454 		NONE PC General operating support 250,000

Malone University

2600 Cleveland Ave NW
Canton,OH44709 		NONE PC General operating support 15,200

West Texas A&M University

2501 4th Avenue
Canyon,TX79016 		NONE GOV General operating support 5,000

University of North Carolina - Chapel Hill

103 South Building Campus Box 9100
Chapel Hill,NC27599 		NONE PC General operating support 788,000

Washington College

300 Washington Ave
Chestertown,MD21620 		NONE PC General operating support 42,800

University of Chicago

1643 W Berwyn
Chicago,IL60640 		NONE PC General operating support 255,000

Xavier University

3800 Victory Pkwy
Cincinnati,OH45207 		NONE PC General operating support 100,000

Lee University

1120 N Ocoee St
Cleveland,TN37320 		NONE PC General operating support 33,000

University of Maryland - College Park

4113 Van Munching Hall
College Park,MD20742 		NONE GOV General operating support 5,000

University of Maryland College Park Foundation

4603 Calvert Road
College Park,MD20740 		NONE PC General operating support 150,000

Texas A&M Foundation

241 Wisenbaker Engineering Research
College Station,TX778433126 		NONE PC General operating support 459,556

Ohio State University

154 W 12th Ave
Columbus,OH43210 		NONE PC General operating support 33,140

Ohio State University Foundation

1480 West Lane Avenue
Columbus,OH43221 		NONE PC General operating support 300,000

University of Central Arkansas Foundation

UCA Box 4986
Conway,AR720354986 		NONE PC General operating support 282,000

Southern Methodist University

ONeil Center for Global Markets PO
Box 750333
Dallas,TX75275 		NONE PC General operating support 500,000

University of Florida Foundation

PO Box 14425
Gainesville,FL32604 		NONE PC General operating support 779,000

Grove City College

100 Campus Dr
Grove City,PA16127 		NONE PC General operating support 49,500

Hampden-Sydney College

1 College Road
Hampden Sydney,VA23943 		NONE PC General operating support 25,000

Dartmouth College

6066 Development Office
Hanover,NH03755 		NONE PC General operating support 1,113,401

Northern Kentucky University Foundation

100 Nunn Drive LAC Suite 822
Highland Heights,KY41099 		NONE PC General operating support 36,560

Strada Collaborative Inc

10 West Market Street
Indianapolis,IN46204 		NONE PC General operating support 123,500

Cornell University

341 Pine Tree Road
Ithaca,NY14850 		NONE PC General operating support 902,342

Kennesaw State University Foundation Inc

3391 Town Point Drive Suite 4530/Ma
il drop 9101
Kennesaw,GA30144 		NONE PC General operating support 252,666

University of California - San Diego

9500 Gilman Dr
La Jolla,CA92093 		NONE PC General operating support 60,000

Lake Forest College

555 N Sheridan Rd
Lake Forest,IL60045 		NONE PC General operating support 30,315

Cairn University

200 Manor Avenue
Langhorne,PA19047 		NONE PC General operating support 60,000

Saint Vincent College

300 Fraser Purchase Rd
Latrobe,PA15650 		NONE PC General operating support 15,000

University of Nebraska - Lincoln

518 S 118th St
Lincoln,NE68154 		NONE PC General operating support 5,000

University of Southern California

3670 Trousdale Parkway Ste 308 Brg
Hall - 308 Mc-0804
Los Angeles,CA900890071 		NONE PC General operating support 398,000

University of Louisville Research Foundation

2215 S Brook St
Louisville,KY40208 		NONE PC General operating support 15,000

Mercer University

1501 Mercer University Drive
Macon,GA31207 		NONE PC General operating support 41,000

University of Wisconsin Foundation

1848 University Avenue
Madison,WI537264090 		NONE PC General operating support 266,000

Tufts University

Trustees of Tuft College Eaton Hall
3rd Floor
Medford,MA02155 		NONE PC General operating support 265,500

McGill University

855 Sherbrooke St W
Montreal,QCH3A2T7
CA 		NONE PC General operating support 15,000

Ball State University Foundation

2800 W Bethel Ave
Muncie,IN47304 		NONE PC General operating support 240,000

Stephen F Austin State University

PO Box 13004 Sfa Sta
Nacogdoches,TX759623004 		NONE GOV General operating support 15,000

Loyola University - New Orleans

6363 St Charles Ave
New Orleans,LA70118 		NONE PC General operating support 24,500

Columbia University

The Trustees of Columbia University
Mail Code 7720
New York,NY10027 		NONE PC General operating support 49,924

New York University

19 W 4th St
New York,NY10012 		NONE PC General operating support 2,983,987

Miami University

804 S Elm St Apt 6
Oxford,OH45056 		NONE PC General operating support 158,000

Duquesne University

600 Forbes Ave
Pittsburgh,PA15282 		NONE PC General operating support 77,627

North Carolina State University

2801 Founders Dr 4102 Nelson Hall
Raleigh,NC276957229 		NONE GOV General operating support 17,000

Rivet School

1015 Macdonald Ave
Richmond,CA94801 		NONE PC General operating support 250,000

La Sierra University

4500 Riverwalk Pkwy
Riverside,CA92505 		NONE PC General operating support 19,000

Roanoke College

221 College Ln
Salem,VA24153 		NONE PC General operating support 6,500

Susquehanna University

514 University Avenue
Selinsgrove,PA17870 		NONE PC General operating support 14,250

Stanford University

450 Serra Mall
Stanford,CA94305 		NONE PC General operating support 894,558

Arizona State University Foundation

PO Box 877906
Tempe,AZ852877906 		NONE PC General operating support 1,556,503

Troy University Foundation

1120 Us Hwy 231
Troy,AL36082 		NONE PC General operating support 110,000

Villanova University

800 Lancaster Avenue
Villanova,PA190851699 		NONE PC General operating support 174,744

Merit America

712 H Street NE Suite 1560
Washington,DC200023627 		NONE PC General operating support 1,000,000

US Chamber of Commerce Foundation

1615 H St NW
Washington,DC20062 		NONE PC General operating support 544,000

University of New Haven

300 Orange Ave
West Haven,CT065161916 		NONE PC General operating support 30,000

University of Pennsylvania

3451 Walnut St
Wynnewood,PA19104 		NONE PC General operating support 198,663

SHRM Foundation Inc

1800 Duke Street
Alexandria,VA22314 		NONE PC General operating support 300,000

Anderson University (SC)

316 Boulevard
Anderson,SC29621 		NONE PC General operating support 8,100

The George Washington University

C/O Tax Department 45155 Research P
STE 260
Ashburn,VA20147 		NONE PC General operating support 50,000

Georgia State University Foundation Inc

PO Box 2668
Atlanta,GA30301 		NONE PC General operating support 3,000

Georgia Tech Foundation

760 Spring Street NW Suite 400
Atlanta,GA30308 		NONE PC General operating support 370,000

University of Texas at Austin

2110 Speedway Mail Stop B6006 GSB 5
175J
Austin,TX78712 		NONE GOV General operating support 855,000

Samford University

800 Lakeshore Dr
Birmingham,AL35229 		NONE PC General operating support 50,000

Virginia Tech Foundation

University Gateway Center 902 Price
Blacksburg,VA24601 		NONE PC General operating support 267,066

Boston University

595 Commonweatlh Avenue Suite 700 W
est Entrance
Boston,MA02215 		NONE PC General operating support 5,000

College101

75 Arlington St Ste 500
Boston,MA02116 		NONE PC General operating support 250,000

Jobs for the Future

50 Milk Street 17th Floor
Boston,MA02110 		NONE PC General operating support 600,000

Bowling Green State University Foundation

136 N Mercer Road
Bowling Green,OH43403 		NONE PC General operating support 270,000

Bridgewater State University Foundation

26 Summer St
Bridgewater,MA02325 		NONE PC General operating support 11,850

Harvard University

95 Dunster Street
Cambridge,MA02138 		NONE PC General operating support 978,980

Massachusetts Institute of Technology

77 Massachusetts Avenue
Cambridge,MA02139 		NONE PC General operating support 98,329

Cedarville University

251 N Main St
Cedarville,OH45314 		NONE PC General operating support 31,000

UNC School of Government Foundation

Campus Box 3330 Knapp-Sanders Build
ing
Chapel Hill,NC27599 		NONE PC General operating support 500,000

College of Charleston Foundation

66 George Street
Charleston,SC29424 		NONE PC General operating support 21,000

Center for Open Science

210 Ridge McIntire Road Suite 500
Charlottesville,VA22903 		NONE PC General operating support 171,500

Association of Private Enterprise Education

Tennessee At Chattanooga 313 Fletc
Chattanooga,TN374032598 		NONE PC General operating support 30,000

Skills For Chicagoland's Future

191 N Wacker Dr Suite 1150
Chicago,IL60606 		NONE PC General operating support 500,000

Claremont Graduate University

150 E 10th St
Claremont,CA91711 		NONE PC General operating support 659,518

Clemson University Foundation

155 Old Greenville Hwy Suite 105
Clemson,SC29631 		NONE PC General operating support 1,152,867

Western Carolina University Foundation

300 Hfr Administration Building
Cullowhee,NC28723 		NONE PC General operating support 45,000

Public Health Data Laboratory Institute

55 SE 2nd Ave Ste 1r
Delray Beach,FL33444 		NONE PC General operating support 500,000

Metropolitan State University Denver Foundation

1512 Larimer Street Suite 900 Campu
s Box 14
Denver,CO80217 		NONE PC General operating support 12,500

Duke University

81 Beverly Dr Durhams
Durham,NC27707 		NONE PC General operating support 1,756,812

Northwestern University

633 Clark Street
Evanston,IL60208 		NONE PC General operating support 79,435

College of New Jersey Foundation

2000 Pennington Rd
Ewing,NJ086280718 		NONE PC General operating support 6,000

George Mason University

4400 University Drive MS 3C1
Fairfax,VA22030 		NONE PC General operating support 40,000

George Mason University Foundation

4400 University Drive MS 2E1
Fairfax,VA22030 		NONE PC General operating support 17,423,626

Concordia University - Chicago

7400 Augusta St River
Forest,IL60305 		NONE PC General operating support 20,000

Competency-Based Education Network Inc

1417 Hanson Drive
Franklin,TN37067 		NONE PC General operating support 1,000,000

Hillsdale College

33 E College St
Hillsdale,MI49242 		NONE PC General operating support 55,000

Hawaii Pacific University

500 Ala Moana Blvd Ste 6420
Honolulu,HI96813 		NONE PC General operating support 13,305

University of Hawaii

2444 Dole Street
Honolulu,HI96822 		NONE GOV General operating support 53,000

Indiana University Foundation

301 University Boulevard Suite 1031
Indianapolis,IN46202 		NONE PC General operating support 827,090

Truman State University

100 E Normal St
Kirksville,MO63501 		NONE GOV General operating support 11,500

Biola University

13800 Biola Ave
La Mirada,CA90639 		NONE PC General operating support 34,000

CLAOC (CEO Leadership Alliance Orange County)

668 N Coast Hwy 319
Laguna Beach,CA92651 		NONE PC General operating support 400,000

Center for Growth and Opportunity

3525 Old Main Hall
Logan,UT84322 		NONE PC General operating support 1,200,000

Utah State University

Foundation 3500 Old Main Hill
Logan,UT84322 		NONE PC General operating support 2,500,000

University of Louisville

2301 So Third Street
Louisville,KY402920001 		NONE GOV General operating support 48,250

Texas Tech Foundation

Office of Corporations Foundation P
O Box 45025
Lubbock,TX794095025 		NONE PC General operating support 158,000

Kansas State University Foundation

2323 Anderson Ave Suite 500
Manhattan,KS66502 		NONE PC General operating support 565,000

Medical College of Wisconsin

8701 Watertown Plank Road
Milwaukee,WI53226 		NONE PC General operating support 60,000

West Virginia University Foundation

1 Waterfront Place 7th Floor
Morgantown,WV26507 		NONE PC General operating support 963,000

Middle Tennessee State University Foundation

Wood-Stegall Center Box 109
Murfreesboro,TN37132 		NONE PC General operating support 264,000

Yale University

PO Box 2038
New Haven,CT06521 		NONE PC General operating support 83,300

Research Foundation of the City University New York

230 W 41st St
New York City,NY10036 		NONE PC General operating support 398,000

Rockefeller Philanthropy Advisors Inc

90 Church St Fl 1 7082
New York City,NY10008 		NONE PC General operating support 1,000,000

Christopher Newport University Education Foundation

1 Avenue of the Arts
Newport News,VA23606 		NONE PC General operating support 45,000

University of Notre Dame

724 Grace Hall
Notre Dame,IN46556 		NONE PC General operating support 734,535

Chapman University

1 University Dr
Orange,CA92866 		NONE PC General operating support 914,000

American University of Paris

5 Boulevard de La Tour-Maubourg
  PARIS75007
FR 		NONE PC General operating support 15,000

Western Resources Legal Center

9220 SW Barbur Blvd Ste 327
Portland,OR97219 		NONE PC General operating support 444,000

Institute for Citizens and Scholars

104 Carnegie Center
Princeton,NJ08540 		NONE PC General operating support 75,000

Brown University

164 Angell Street Box 1877
Providence,RI02912 		NONE PC General operating support 9,000

Virginia Commonwealth University Foundation

700 W Grace St
Richmond,VA23284 		NONE PC General operating support 25,000

University of Rochester

317 Lattimore Hall
Rochester,NY146270401 		NONE PC General operating support 60,000

University of Utah

201 S Presidents Circle Rm 411
Salt Lake City,UT84112 		NONE PC General operating support 500,000

Western Governors University

4001 SOUTH 700 EAST
SALT LAKE CITY,UT84107 		NONE PC General operating support 750,000

Mount Tamalpais College

PO Box 492
San Quentin,CA94964 		NONE PC General operating support 100,000

Santa Clara University

500 El Camino Real Office of the Pr
esident
Santa Clara,CA950530385 		NONE PC General operating support 384,000

Georgetown University

1200 WESTLAKE AVE N SUITE 704
Seattle,WA98109 		NONE PC General operating support 300,000

Florida State University Foundation

2010 Levy Avenue B-300 PO Box 30627
39
Tallahassee,FL323062739 		NONE PC General operating support 182,727

American University

4400 Massachusetts Avenue NW
Washington,DC20016 		NONE PC General operating support 27,500

Bipartisan Policy Center

1225 Eye St NW Suite 1000
Washington,DC20005 		NONE PC General operating support 300,000

Catholic University of America

620 Michigan Ave NE
Washington,DC20064 		NONE PC General operating support 300,000

Education Design Lab

1200 18th St NW Suite 710
Washington,DC20036 		NONE PC General operating support 1,287,000

OpportunityWork

1100 Connecticut Ave NW Ste 430
Washington,DC20036 		NONE PC General operating support 1,000,000

Presidents Forum

80 M St SE Ste 130 Ste 130
Washington,DC20003 		NONE PC General operating support 340,000

Boston College

15 Highland St
Weston,MA02493 		NONE PC General operating support 25,000

College of William & Mary

PO Box 8795
Williamsburg,VA231878795 		NONE GOV General operating support 126,960

Wake Forest University

1834 Wake Forest Road Box 7227
Winston Salem,NC27109 		NONE PC General operating support 18,586

University of Birmingham

97 Vincent Drive
  BIRMINGHAMB152SQ
UK 		NONE NC General operating support 38,000

University of Hong Kong

The University of Hong Kong
  PokFuLam999077
HK 		NONE NC General operating support 48,000

University of Oxford

23-38 Hythe Bridge St
  OXFORDOX12ET
UK 		NONE NC General operating support 10,977
Total .................................right arrow 3a 74,707,416
bApproved for future payment

UNIVERSITY OF UTAH
201 S PRESIDENTS CIRCLE RM 411
SALT LAKE CITY,UT84112 		NONE PC General operating support 102,276

University of Washington
1410 NE Campus Pkwy
Seattle,WA98195 		NONE PC General operating support 5,672

University of the City of London
NORTHAMPTON SQUARE
  LONDONEC1V0HB
UK 		NONE NC General operating support 49,043

Dartmouth College
Dartmouth College
Hanover,NH03755 		NONE PC General operating support 3,500

Education Design Lab
1200 18th St NW Suite 710
Washington,DC20036 		NONE PC General operating support 1,000,000

Harvard University
95 Dunster Street
Cambridge,MA02138 		NONE PC General operating support 240,000

Public Health Data Laboratory Institute
55 SE 2nd Ave Ste 1r
Delray Beach,FL33444 		NONE PC General operating support 500,000

St Anselm College
100 Saint Anselm Dr
Manchester,NH03102 		NONE PC General operating support 12,500

Illinois Wesleyan University
PO Box 2900
Bloomington,IL61702 		NONE PC General operating support 7,500

North Dakota State University
1241 North University Drive
Fargo,ND58102 		NONE PC General operating support 1,000,000

Regent University
1000 Regent University Dr
Virginia Beach,VA23464 		NONE PC General operating support 15,000
Total ................................. right arrow 3b 2,935,491
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 1,287,640  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 286  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMISCELLANEOUS INCOME 		    1 -25,000  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,262,926 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,262,926
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
KEY CHANGE INC 501(c)(4) COMMON DIRECTORS
MOVEMENT MUSICK INC 501(c)(4) COMMON DIRECTORS
BELIEVE IN PEOPLE INC 501(c)(4) COMMON DIRECTORS
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Charles Koch Foundation
 
Employer identification number

48-0918408
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Charles Koch Foundation
  		Employer identification number
48-0918408
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CHARLES G KOCH 1997 TRUST
 
4201 WILSON BLVD SUITE 800
 
ARLINGTON, VA22203

$ 52,606


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Charles Koch Foundation
  		Employer identification number

48-0918408
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Charles Koch Foundation
  		Employer identification number

48-0918408
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES - FORM 990- PF 44,983 4,498 0 40,485
ACCOUNTING FEES - FORM 990-T 4,998 0 0 0

TY 2023 AllOthProgRltdInvestmentsSch
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category Amount
NONE  

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
Public Health Data Laboratory Institute
  		55 SE 2ND AVE STE 1R
DELRAY BEACH,FL33444 		2024-03-22 500,000 GENERAL OPERATING SUPPORT 500,000 No 3/22/2024 - FULL REPORT OF ALL EXPENDITURES   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
University of the City of London
  		Northampton Square
  LONDONEC1V0HB
UK 		2024-01-18 49,043 GENERAL OPERATING SUPPORT 0 No 1/18/2024 - PARTIAL REPORT OF EXPENDITURES TO DATE   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
Public Health Data Laboratory Institute
  		55 SE 2ND AVE STE 1R
DELRAY BEACH,FL33444 		2023-11-08 500,000 GENERAL OPERATING SUPPORT 500,000 No 11/8/2023 - FULL REPORT OF ALL EXPENDITURES   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
University of Birmingham
  		EDGBASTON
  BIRMINGHAMB152TT
UK 		2023-11-13 38,000 TRAVEL AND RESEARCH SUPPORT 38,000 No 11/13/2023 - FULL REPORT OF ALL EXPENDITURES   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
University of Oxford
  		23-38 HYTHE BRIDGE ST
  OXFORDOX12ET
UK 		2023-01-23 10,977 GENERAL OPERATING SUPPORT 10,977 No 1/23/2023 - FULL REPORT OF ALL EXPENDITURES   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
King's College - London
  		KINGS COLLEGE LONDON
STRAND,LONDONWC2R2LS
UK 		2022-03-23 5,000 GENERAL OPERATING SUPPORT 1,155 No 3/22/2024 - PARTIAL REPORT OF EXPENDITURES TO DATE   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
University of Hong Kong
  		THE UNIVERSITY OF HONG KONG
  POKFULAM999077
HK 		2023-07-12 48,000 GENERAL OPERATING SUPPORT 48,000 No 7/12/2023 - FULL REPORT OF ALL EXPENDITURES   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.

TY 2023 GeneralExplanationAttachment
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Identifier Return Reference Explanation
FORM AND INFORMATION Form 990-PF, Part XIV, Line 2b ORGANIZATIONS SEEKING GRANTS FROM THE FOUNDATION AND WHICH MEET THE CRITERIA LISTED IN THIS ATTACHMENT SHOULD SUBMIT A SHORT LETTER (NO MORE THAN THREE PAGES) OUTLINING THEIR REQUEST. THE LETTER SHOULD CLEARLY AND SUCCINCTLY STATE: 1. PROSPECTIVE GRANTEE'S MISSION AND GOALS; 2. SPECIFIC PROJECT FOR WHICH SUPPORT IS BEING SOUGHT; 3. AMOUNT OF FUNDING REQUESTED; 4. NAME, TITLE, ADDRESS, TELEPHONE NUMBER, AND EMAIL ADDRESS OF THE PRIMARY CONTACT PERSON; AND, 5.CURRENT ANNUAL BUDGET OR AUDITED FINANCIAL STATEMENTS IF APPLICABLE, PLEASE ALSO INCLUDE A LIST OF OTHER SUPPORT (E.G., FUNDING, IN-KIND CONTRIBUTIONS) SECURED FOR THE PROJECT. BECAUSE THE FOUNDATION GENERALLY ONLY SUPPORTS SECTION 501(C)(3) PUBLIC CHARITIES,IT ALSO REQUIRES THAT YOU SUBMIT VERIFICATION FROM THE IRS THAT YOUR ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX AS A SECTION 501(C)(3) ORGANIZATION AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION KINDLY REQUESTS THAT NO MATERIALS BEYOND WHAT ARE DESCRIBED ABOVE BE INCLUDED.
RESTRICTIONS AND LIMITATIONS Form 990-PF, Part XIV, Line 2d THE CHARLES KOCH FOUNDATION SUPPORTS STUDENTS AND SCHOLARS PURSING RESEARCH AND EXPANDING EDUCATIONAL PROGRAMS THAT HELP PEOPLE REACH THEIR FULL POTENTIAL THROUGH WORK ON POVERTY, IMMIGRATION, CRIMINAL JUSTICE REFORM, FREE EXPRESSION, AND OTHER CRITICAL ISSUES. THE FOUNDATION GENERALLY SUPPORTS ONLY INTERNAL REVENUE CODE SECTION 501(C)(3) NON-PROFIT PUBLIC CHARITIES AND UNIVERSITIES THAT ARE ORGANIZED AND OPERATED WITHIN THE UNITED STATES. GRANT REQUESTS FROM FOR-PROFIT CORPORATIONS WILL GENERALLY NOT BE CONSIDERED, AND REQUESTS FROM INDIVIDUALS WILL NOT BE CONSIDERED UNLESS PURSUANT TO AN IRS-APPROVED FOUNDATION INDIVIDUAL GRANT PROGRAM. THE FOUNDATION GENERALLY DOES NOT PROVIDE SUPPORT FOR OVERHEAD IN GRANTS MADE TO UNIVERSITIES, COLLEGES, AND OTHER SIMILAR INSTITUTIONS. OVERHEAD INCLUDES, BUT IS NOT LIMITED TO, INSUFFICIENTLY SPECIFIED INSUFFICIENTLY DETAILED OVERHEAD COSTS (E.G., A REQUIREMENT THAT A FIXED PERCENTAGE OF A GRANT AMOUNT BE DEDICATED TO GRANT ADMINISTRATION.) AND/OR INSUFFICIENTLY DETAILED OVERHEAD COSTS (E.G., A REQUIREMENT THAT A FIXED PERCENTAGE OF A GRANT AMOUNT BE DEDICATED TO GRANT ADMINISTRATION.)

TY 2023 InvestmentsLandSchedule2
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 1,650,000 0 1,650,000 1,650,000

TY 2023 InvestmentsOtherSchedule2
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PASSIVE FUND III FMV 689,008,190 689,008,190
PASSIVE FUND X FMV 500,000 500,000
PROMISSORY NOTE I FMV 500,000 500,000

TY 2023 LegalFeesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 175 0 0 175


TY 2023 OtherExpensesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SUPPLIES 12,353 0 0 12,353
DUES/LICENSES 26,598 0 0 26,598
POSTAGE & DELIVERY 654 0 0 654
TELECOMMUNICATION 211 0 0 211
ADVERTISING & PROMOTION -3,995 0 0 -7,282
BANK FEES 14,827 14,827 0 0
GIFTS 2,508 0 0 2,508
INVESTMENTS - CHARITABLE 0 0 0 5,718
INVESTMENT EXPENSES 0 2,012,916 0 0


TY 2023 OtherIncomeSchedule2
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME - MISCELLANEOUS -25,000 0 0
INVESTMENTS - OTHER INCOME 0 20,409 0
INVESTMENTS - RENTAL INCOME/LOSS   -590,290  


TY 2023 OtherIncreasesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Description Amount
UNREALIZED GAINS/LOSSES 35,162,266


TY 2023 OtherLiabilitiesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value
INCOME TAX PAYABLE 2,525,000 1,700,000
SHORT TERM LINE OF CREDIT 100,000 0


TY 2023 OtherProfessionalFeesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL CONSULTING FEES 227,356 0 0 227,356
PROGRAM SPEAKERS 2,500 0 0 2,500


TY 2023 TaxesSchedule
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXCISE TAXES 780,902 0 0 -2,525,000
PAYROLL TAXES 206,585 0 0 206,585
INVESTMENT FOREIGN TAXES 0 137,059 0 0


TY 2023 TransfersFrmControlledEntities
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Name US /
Foreign Address		 EIN Description Amount
PASSIVE FUND III PO BOX 5004
WICHITA,KS67201 		85-1484620 DISTRIBUTIONS FROM DOMESTIC PASSIVE INVESTMENT 85,000,000
Total      

TY 2023 TransfersToControlledEntities
Name:
Charles Koch Foundation
EIN:
48-0918408
Software ID:
23017437
Software Version:
2023v5.1
Name US /
Foreign Address		 EIN Description Amount
PASSIVE FUND X 1677 S Highway 198
Payson,UT84651 		83-2555283 CAPITAL CONTRIBUTIONS TO DOMESTIC PASSIVE INVESTMENT 500,000
Total