2018 Form 990-PF View

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2018 Form 990-PF View Charles Koch Foundation Return of Private Foundation December 31, 2018 Public Disclosure Copy PUBLIC COPY DISCLOSURE 11/15/19 OMB No. 1545-0052 Form 990-PF Return of Private Foundation I or Section 4947(a)(1) Trust Treated as Private Foundation À¾µ¼ Do not enter social security numbers on this form as it may be made public. Department of the Treasury I Internal Revenue Service Go to www.irs.gov/Form990PF for instructions and the latest information. Open to Public Inspection For calendar year 2018 or tax year beginning , 2018, and ending , 20 Name of foundation A Employer identification number CHARLES KOCH FOUNDATION 48-0918408 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 1320 N. COURTHOUSE RD., SUITE 500 (703) 875-1600 City or town, state or province, country, and ZIP or foreign postal code C If exemption applicationm m is m m m m m m I pending, check here ARLINGTON, VA 22201 m m I G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return 2. Foreign organizations meeting the 85% test, checkm here m mand m attach m m m m m I Address change Name change computation H Check type of organization:X Section 501(c)(3) exempt private foundation E If private foundation status was terminatedm I Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation under section 507(b)(1)(A), check here I Fair market value of all assets at J Accounting method: CashX Accrual F If the foundation is in a 60-month terminationm I end of year (from Part II, col. (c), line Other (specify) under section 507(b)(1)(B), check here 16) I $ 765,612,055. (Part I, column (d) must be on cash basis.) (d) Disbursements Part I Analysis of Revenue and Expenses (The (a) Revenue and total of amounts in columns (b), (c), and (d) (b) Net investment (c) Adjusted net for charitable expenses per income income purposes may not necessarily equal the amounts in books column (a) (see instructions).) m (cash basis only) 1 Contributions, gifts, grants, etc., received (attach schedule) 128,891,508. I if the foundation is not required to 2 Check m m m m m m m m m m attach Sch. B m 3 Interest on savings and temporary cash investments 5,728,789. 5,728,789. m m m m 15,909,348. 15,909,348. 4 Dividends andmmmmmmmmmmmmmmmmm interest from securities 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 1,930,406. b Gross sales price for all assets on line 6a m PUBLIC 7 Capital gain net income (fromm m Part m m IV, m m line m m 2) m m 1,930,406. Revenue 8 Net short-term capital gainmmmmmmmmmmmm 9 Income modifications 10 a Gross sales less returnsm m m m m COPY and allowances m DISCLOSURE b Less: Cost of goods sold m m m m c Gross profit or (loss) (attach schedule) m m m m m m m 15,812,417. 15,648,296. 11 Other income (attach schedule)mATCH m m m m1 m m m 12 Total. Add lines 1 through 11 m m 168,272,468. 39,216,839. 13 Compensation of officers, directors, trustees, etc. 313,264. 313,264. m m m m m 4,649,662. 5,216,810. 14 Other employee salaries and wagesm m m m m m 15 Pension plans, employee benefits 1,054,134. 1,073,899. m m m m m m m m m 406. 406. 16 a Legal fees (attach schedule) ATCHm m2 m m m m b Accounting fees (attach schedule)ATCH 3 24,557. 52,581. m m m 1,549,741. 420,224. 1,142,608. c Other professionalmmmmmmmmmmmmmmmmmmm fees (attach schedule) [4] 17 Interest ATCH 5 3,656,877. 3,656,877. m m m 470,398. 136,875. 18 Taxes (attach schedule) (see instructions)[6]m 19 Depreciation (attach schedule) and depletion mmmmmmmmmmmmmmmmm -180. -180. 20 Occupancy m m m m m m 21 Travel, conferences, and meetings 917,397. 902,097. m m m m m m m m m m 28,609. 28,609. 22 Printing and publications m m m m m m 23 Other expenses (attach schedule)ATCH 7 7,025,790. 1,646,261. 463,179. 24 Total operating and administrativemmmmmmmmmmm expenses. Add lines 13 through 23 19,690,655. 5,860,237. 9,193,273. m m m m m m m 127,549,823. 118,685,151. Operating and Administrative Expenses Administrative and Operating 25 Contributions, gifts, grants paid 26 Total expenses and disbursements. Add lines 24 and 25 147,240,478. 5,860,237. 0. 127,878,424. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 21,031,990. b Net investment income (if negative, enter -0-)m m 33,356,602. c Adjusted net income (if negative, enter -0-) JSA For Paperwork Reduction Act Notice, see instructions. Form 990-PF (2018) 8E1410 1.000 16733H K932 11/11/2019 3:54:20 PM V 18-7.6F 85646 PAGE 2 Form 990-PF (2018) Page 2 Attached schedules and amounts in the Beginning of year End of year Part II Balance Sheets description column should be for end-of-year amom umntsm omnlym . (mSeme minsmtrum ctmionm s.m) m m m m m (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 3,607,208. 12,911,358. 12,911,358. m m m m m m m m m m m 60,990,727. 64,764,274. 64,764,274. 2 Savings and temporaIry cash investments 3 Accounts receivable I 4,900,771. Less: allowance forI doubtful accounts 1,919,911. 4,900,771. 4,900,771. 4 Pledges receivable I Less: allowance fmorm dom umbtfmulm amccmoumntms m m m m m m m m m m m m m 5 Grants receivable 6 Receivables due from officers, directors, trustees, andm om thm emr disqualified persons (attach schedule) (see instructioIns) 7 Other notes and loans receivable (attaIch schedule) Less: allowance for doubtfmulm amccmoumntms m m m m m m m m m m m m m s t 8 Inventories for sale or use e m m m m m m m m m m m m s 9 Prepaid expenses and deferred charges ATCH 8 135,162. 187,746. 187,746. s m m A 10a Investments - U.S. and state government obligations (attmacmh smchmedm ulme) m m b Investments - corporate stock (attach schedule) m m m m m m m m c Investments - corporate bonds (attach schedule) 11 Investments - land, buildings, I 355,213. ATCH 9 and equipment: basis Less: accumulated depreciation I 355,213. 355,213. 355,213. (attach schedule) m m m m m m m m m m m m m m m m m 12 Investments - mortgage loans m m m m m m m m m m m m m 13 Investments - other (attach schedule) ATCH 10 617,998,467. 645,680,703. 682,492,693. 14 Land, buildings, and I equipment: basis Less: accumulated depreciation I (attach schedule) 15 Other assets (describe I ) 16 Total assets (to be completed bm y m am ll m fmilem rsm m- m sem em tmhem instructions. Also, see page 1, item I) m m m m m m m m m m m 685,006,688. 728,800,065. 765,612,055. 17 Accounts payable and accrued expenses 929,058. 9,294,498. m m m m m m m m m m m m m m m m m m m m m m m m 4,782,968. 13,337,041. 18 Grants payable m m m m m m m m m m m m m m m m m m m m m m m s 19 Deferred revenue e i t m m i l 20 Loans from officers, directors, trustees, and other disqualified persons i m m m m m b 21 Mortgages and other notes payable (attach schedule) a i L I 22 Other liabilities (describe m m m m m m m m m m m) 23 Total liabilities (add lines 17 through 22) m m m m I 5,712,026. 22,631,539. Foundations that follow SFAS 117, check here X s and complete lines 24 through 26, and lines 30 and 31. e c m m m m m m m m m m m m m m m m m m m m m m m m m n 24 Unrestricted 679,294,662. 706,168,526. a l m m m m m m m m m m m m m m m m m m m m a 25 Temporarily restricted B m m m m m m m m m m m m m m m m m m m m 26 Permanently restricted d n I Foundations that do not follow SFAS 117, check here u F and complete lines 27 through 31. r m m m m m m m m m o 27 Capital stock, trust principal, or current funds s m m m m m m t 28 Paid-in or capital surplus, or land, bldg., and equipment fund e s m m s 29 Retained earnings, accumulated income, endowment, or other funds A m m m m m m 679,294,662.
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