Since David Koch's death in 2019, his widow, Julia Koch, appears to have sharply slowed her public giving as she has donated less than $4 million between 2018 and 2021.
Billionaires David and Julia Koch were best known as dark-money mega-donors to conservative causes and candidates, but they also gave tens of millions of dollars to charity each year. Since David’s death in 2019, however, his widow appears to have sharply slowed her public giving—donating less than $4 million between 2018 and 2021, the last year for which records are available.
Last week, the Cox Science Center & Aquarium in Palm Beach announced a $5 million donation from the David Koch Foundation to build a fountain at the entrance. Complete records from 2022 are not available and it’s not clear if that is the sum total of her charitable giving last year. Koch promotes herself as a philanthropist on her personal website, which contains a short bio, a list of her philanthropy, news about the foundation, and a link to the foundation’s website. Her bio lists her as a board member of Koch Industries, Memorial Sloan Kettering Cancer Center, and president of the David H. Koch Foundation; the philanthropy page touts her previous donations to NYU Langone and the Lucile Packard Children’s Hospital at Stanford.
“We’ll only know that in the future, and it’s not to say that Julia couldn’t reinvigorate it, start something on her own, or do something herself,” said Elizabeth Dale, a professor at Seattle University and expert on women’s philanthropy. “But as far as what you’ve seen in the last few years, I think it is accurate to say [that it could be winding down.]”Nick Hunt/Patrick McMullan via Getty
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, sits two places behind Koch on the list of America’s richest women but has donated more than more than $14 billion of her $37.7 billion fortune in the last three years. Scott has publicly pledged to give away half of her wealth over her lifetime—a pledge notably cosigned by fellow female billionaire and divorcee Melinda French Gates, ex-wife of Microsoft founder Bill Gates.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
I Just Found Out Julia Roberts' Name Is Not Actually Julia Roberts, And I'm GuttedMind. Blown.
Read more »
New to streaming this week: Julia Wolf, Margo Price and 'Gold, Lies & Videotape'The Discovery Channel and Discovery+ investigative series 'Gold, Lies & Videotape' starts streaming Friday, Jan. 13, which also sees the debut of new music by Julia Wolf and Margo Price.
Read more »
Hunters: David Weil Discusses Reason for Al Pacino's Season 2 ReturnWith the second & final season premiering January 13th, HuntersTV series creator DavidWeil discusses the return of AlPacino and what it means for our heroes. / Amazon PrimeVideo HuntersOnPrime PrimeVideo
Read more »
Happy birthday, David Bowie: Ranking his 20 best albumsCounting down the finest albums from the Chameleon of Rock
Read more »
Hey, Carolina owner David Tepper: Don't complicate this, Steve Wilks deserves the job | OpinionSteve Wilks has really made the Panthers' decision for next head coach easy. mikefreemanNFL says sometimes the best choice is right in front of you.
Read more »
Iman honors late David Bowie on his 76th birthdayThe couple were married for nearly 24 years prior to his death in 2016.
Read more »