Believe in People
Believe in People is a Koch-backed 501(c)(4) nonprofit organization, which means that it can legally funnel up to half of its spending into political campaigning. Believe in People's IRS employer identification number (EIN) was previously used by the Koch group TSN Institute. The organization’s purpose, according to its tax filings, is to “create a unique network committed to unleashing the potential of principled, next generation entrepreneurs, and philanthropists to create a free and open society with opportunities for all.”[1] The name comes from the title of one of Koch’s books — Believe in People: Bottom-Up Solutions for a Top-Down World (2020) — co-authored by Brian Hooks, the CEO of Stand Together, in which Koch “expresses some regret for his lifetime of funding divisive, heavily partisan politics.”[2]
It was reported in 2023 that Charles Koch had quietly transferred $5.3 billion of his conglomerate’s nonvoting stock to Believe in People and another one of his nonprofits, called CCKC4.[3]
The organization is run by Derek Johnson, executive director of Stand Together Trust; Dale Gibbens; and Brian Menkes, general counsel at the Charles Koch Foundation and Charles Koch Institute.
| Koch Wiki |
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Charles Koch is the right-wing billionaire owner of Koch Industries. As one of the richest people in the world, he is a key funder of the right-wing infrastructure, including the American Legislative Exchange Council (ALEC) and the State Policy Network (SPN). In SourceWatch, key articles on Charles Koch and his late brother David include: Koch Brothers, Americans for Prosperity, Stand Together Chamber of Commerce, Stand Together, Koch Family Foundations, Koch Universities, and I360. |
Contents
Grants Distributed
2022[4]
- Stand Together C4 Fund: $35,000,000
2021[1]
None.
Core Financials
2022
- Total Revenue: $4,310,952,192
- Total Expenses: $35,074,356
- Net Assets: $4,276,065,883
2021[4]
- Total Revenue: $2,917
- Total Expenses: $3,447
- Net Assets: $188,047
Personnel
As of December 2023:
Board of Directors
- Chase Koch, Chairman and President
- Dave Robertson, Secretary
- Brian Menkes, Assistant Secretary
- Brian Hooks, Treasurer
- Carly McLaughlin, Assistant Treasurer
- Dale Gibbens
Contact Information
Employer Identification Number[1]
47-3175931
Mailing Address
Believe in People, Inc.
℅ Kara Hartnett
PO Box 5004
Wichita, KS 67201
Phone: 571-290-6811
Resources and Articles
IRS Filings
2022
2021
References
- ↑ 1.0 1.1 1.2 Believe in People, 2021 IRS 990, Accessed October 20, 2023.
- ↑ Connor Gibson and David Armiak, The Koch Coup: Charles Koch’s Political Machine Bankrolled Senators Who Will Attempt to Steal Election for Trump Tomorrow ExposedbyCMD, January 5, 2021.
- ↑ Matt Durot, Exclusive: Charles Koch Has Given More Than $5 Billion Of His Stock To Two Nonprofits, Forbes, October 10, 2023.
- ↑ 4.0 4.1 Believe in People, 2022 IRS 990, November 2023.
