Difference between revisions of "Knowledge and Progress Fund"

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{{Show badges|Koch Exposed|AEX|Corporate rights|CoalSwarm|Climate change}}The '''Knowledge and Progress Fund''' (KPF) is a Wichita, Kansas-based foundation controlled by [[Charles Koch]] and [[Richard Fink]], who is the president of the organization.<ref>John Mashey, [http://desmogblog.com/sites/beta.desmogblog.com/files/fake2.pdf Fake science, fakexperts, funny finances, free of tax 2 ], ''DeSmog Blog'', October 23, 2012.</ref>
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In September of 2004, KPF became a private foundation, and the organization has given exclusively to [[DonorsTrust]] since that time.<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2004_01C0F1DE.PDF 2004 Form 990-PF Supplemental Information on Change of Status], organizational Internal Revenue Service filing, August 12, 2005.</ref> This establishes the tie between [[Charles Koch]]'s money and DonorsTrust's initiatives, which include funding climate change deniers such as the [[Heartland Institute]] to the tune of $13 million.<ref>John Mashey, [http://desmogblog.com/sites/beta.desmogblog.com/files/fake2.pdf Fake science, fakexperts, funny finances, free of tax 2 ], ''DeSmog Blog'', October 23, 2012.</ref><ref>Bill Moyers & Company, [DonorsTrust: The ATM for Climate Denial http://billmoyers.com/2013/02/21/donors-trust-the-atm-for-climate-denial/], Feb. 1, 2013.</ref>
 
{{Template:KochConnection}}
 
{{DT_contributor
 
|amount = 3,000,000
 
|start = 2008
 
|end = 2010
 
}}
 
 
 
===Contributions to DonorsTrust and Donors Capital Fund (2005-2014)===
 
*2005: $390,000 to DonorsTrust (DT)<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2005_029E8809.PDF 2005 Form 990], organizational annual IRS filing, November 7, 2006.</ref><br>
 
*2006: $1,310,000 to DT and $1,900,000 to Donors Capital Fund (DCF)<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2006_037A09C1.PDF 2006 Form 990], organizational annual IRS filing, November 15, 2007.</ref><br>
 
*2007: $300,000 to DT and $825,000 to DCF<ref>Knowledge and Progress Fund, [https://bulk.resource.org/irs.gov/eo/2008_11_PF/54-1899251_990PF_200712.pdf 2007 Form 990], organizational annual IRS filing, November 17, 2008.</ref><br>
 
*2008: $1,240,000 to DT<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2008_05725D72.PDF 2008 Form 990], organizational annual IRS filing, November 8, 2009.</ref><br>
 
*2009: None'''<br>
 
*2010: $2,000,000 to DT<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2010_07b9608e.PDF 2010 Form 990], organizational annual IRS filing, November 15, 2011.</ref><br>
 
*2011: None<br>
 
*2012: $800,000 to DT<ref>Knowledge and Progress Fund, [http://www.guidestar.org/FinDocuments/2012/541/899/2012-541899251-09e55860-F.pdf 2012 Form 220], organizational annual IRS filing, accessed June 23, 2014.</ref><br>
 
*2013: $4,850,000 to DT<ref>Knowledge and Progress Fund, [http://pdfs.citizenaudit.org/2014_12_PF/54-1899251_990PF_201312.pdf 2013 Form 990], organizational annual IRS filing, accessed October 19, 2015.</ref><br>
 
*2014: $110,000 to DT<ref name="kpf2014"/>
 
 
 
'''TOTAL: $13,725,000 (2005-2014)
 
 
 
==Connection to Bill of Rights Institute==
 
 
 
Before 2004, the fund was a 501(c)(3) charitable organization based in Arlington, Virginia. KPF converted to a 501(c)(3) private foundation in August of 2004 and relocated to Wichita, Kansas, the home of [[Charles Koch]] and headquarters of [[Koch Industries]], at approximately the same time.<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2004_01C0F1DE.PDF 2004 Form 990-PF Supplemental Information on Change of Status], organizational Internal Revenue Service filing, August 12, 2005.</ref><ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2003_01B1A777.PDF 2003 Form 990], organizational Internal Revenue Service filing, May 19, 2005.</ref> Until September of 2004, the Knowledge and Progress Fund was tied to the [[Bill of Rights Institute]],<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2004_01C0F1DE.PDF 2004 Form 990-PF Supplemental Information on Change of Status], organizational Internal Revenue Service filing, August 12, 2005.</ref> a conservative organization purportedly based on American founding principles with a mission to " create a citizenry that has the knowledge, values, dispositions, and skills to exercise the rights and responsibilities needed to maintain a free society."<ref>Bill of Rights Institute, [http://billofrightsinstitute.org/about-us/ Mission and Vision], organizational website, accessed June 2013.</ref> and backed by the [[Koch brothers]], [[Charles Koch|Charles]] and [[David Koch|David]]. When the Knowledge and Progress fund converted to a private foundation in 2004, it ended its official relationship with the Bill of Rights Institute.<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2004_01C0F1DE.PDF 2004 Form 990-PF Supplemental Information on Change of Status], organizational Internal Revenue Service filing, August 12, 2005.</ref>
 
 
 
The fund also compensated The Bill of Rights Institute's former president, [[Victoria Hughes]], through her salary in 2002.<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2001_008d504f.PDF 2002 Form 990], organization's annual Internal Revenue Service filing, April 21, 2003.</ref> and 2003.<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2002_01275c01.PDF 2003 Form 990], organization's annual Internal Revenue Service filing, April 20, 2004.</ref>
 
 
 
[[Mark Humphrey]], a current director of the Bill of Rights Institute, was the secretary of the Knowledge and Progress Fund from 2003 to 2008<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2002_01275c01.PDF 2003 Form 990], organization's annual Internal Revenue Service filing, April 20, 2004.</ref> and is a senior vice president of [[Koch Industries]].<ref>Bill of Rights Institute, [http://billofrightsinstitute.org/about-us/directors/ Board of Directors], organizational website, accessed June 2013.</ref>
 
 
 
===Contributions and Grants to the Institute===
 
 
 
The $50,000 given to the Bill of Rights Institute by the fund in 2002<ref>Knowledge and Progress Fund, [http://207.153.189.83/EINS/541899251/541899251_2001_008d504f.PDF 2002 Form 990], organization's annual Internal Revenue Service filing, April 21, 2003.</ref> is described as being for the purpose of "education on the Bill of Rights." between 2003 and 2005, while KPF was still affiliated with the Institute, there were no contributions or grants listed.
 
 
 
==Core Financials==
 
'''<big>2014</big>'''<ref name="kpf2014"/><br>
 
For the period January 1, 2014-December 31, 2014:
 
*Total Revenue: $337,614
 
*Total Expenses: $194,617
 
*Net Assets: $18,215,322
 
 
 
==Personnel==
 
As of November 2015:<ref name="kpf2014">Knowledge and Progress Fund, [http://pdfs.citizenaudit.org/2016_01_PF/54-1899251_990PF_201412.pdf 2014 990], ''Knowledge and Progress Fund'', November 16, 2015.</ref>
 
 
 
===Staff===
 
* [[Richard Fink]], President
 
* [[Dale Gibbens]], Executive Vice President
 
* [[Dustin Perry]], Secretary/Treasurer
 
* Heather Love, Treasurer
 
 
 
'''Former Staff'''
 
 
 
* Logan A. Moore, Secretary
 
* Vonda Holliman, Treasurer
 
 
 
===Board of Directors===
 
* [[Charles G. Koch]], Director
 
* [[Richard Fink]], Director
 
* Elizabeth B. Koch, Director
 
* Charles C. Koch, Director
 
 
 
==Contact Information==
 
 
 
Knowledge and Progress Fund, Inc.<br>
 
P.O. Box 2256<br>
 
Wichita, KS 67201<br>
 
Phone: (703)-875-1658
 
 
 
==Articles and Resources==
 
 
 
===Related SourceWatch Articles===
 
{{Template:Koch Related SW Articles}}
 
* [[Climate change skeptics]]
 
* [[Corbin Robertson]]
 
* [[Invista]]
 
* [[Invista Seaford Power Plant]]
 
* [[Invista Waynesboro Power Plant]]
 
* [[Koch Event 2010-06 Attendees]]
 
* [[Meat & Dairy industry]]
 
* [[Oil industry]]
 
* [[Natural Resource Partners]]
 
* [[Plants Need CO2]]
 
* [[Tea Party movement funding]]
 
* [[Vernon L. Smith]]
 
 
 
===External Resources===
 
 
 
* John Mashey, [http://desmogblog.com/sites/beta.desmogblog.com/files/fake2.pdf Fake science, fakexperts, funny finances, free of tax 2 ], ''DeSmog Blog'', October 23, 2012.
 
 
 
===External Articles===
 
 
 
* Paul Abowd, "[http://www.publicintegrity.org/2013/02/14/12181/donors-use-charity-push-free-market-policies-states Donors use charity to push free-market policies in states: Nonprofit group lets donors fly 'totally under the radar],'" Center for Public Integrity, February 14, 2013.
 
 
 
===References===
 
{{reflist|2}}
 
 
 
[[Category: Corporations]][[Category:Oil industry]][[Category:United States]][[Category: Environment]] [[Category: Animal commerce]] [[Category: Miscellaneous coal plant operators in the United States]] [[Category: Tea Party Movement]][[Category:ALEC Exposed]][[Category:ALEC Corporations]]
 

Latest revision as of 14:51, 15 January 2020

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