Charles Koch Foundation
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l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93491319033017 OMB No 1545-0052 I Form 990-PF Return of Private Foundation Department of the Trea^un or Section 4947( a)(1) Trust Treated as Private Foundation 2016 Internal Rev enue Ser ice ► Do not enter social security numbers on this form as it may be made public. ► Information about Form 990 - PF and its instructions is at www.irs.gov / form990pf. For calendar year 2016, or tax year beginning 01 - 01-2016 , and ending 12-31-2016 Name of foundation A Employer identification number Charles Koch Foundation 48-0918408 °/ RORFRT HFATON 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) 875-1658 City or town, state or province, country, and ZIP or foreign postal code Arlington, VA 22201 C If exemption application is pending, check here q G Check all that apply q Initial return q Initial return of a former public charity D 1. Foreign organizations, check here q ► q Final return q Amended return 2. Foreign organizations meeting the 85% test, check here and attach computation ► El El Address change El Name change E If private foundation status was terminated H Check typ e of org anization q Section 501(c)(3) exem p t p rivate foundation under section 507(b)(1)(A), check here ► q Section 4947(a)(1) nonexempt charitable trust q Other taxable private foundation I Fair market value of all assets at end J Accounting method q Cash 9 Accrual F If the foundation is in a 60-month termination q of year (from Part II, col (c), under section 507(b)(1)(B), check here q ► line 16)101$ 697,942,760 Other (specify) (Part I, column (d) must be on cash basis ) (d) Disbursements Analysis of Revenue and Expenses (The total ( a) Revenue and (b) Net investment (c) Adjusted net for charitable of amounts n columns (b), (c), and (d) may not necessarily expenses per income income purposes books basis equal the amounts n column (a) (see instructions) ) (cash s only) 1 Contributions, gifts, grants, etc , received (attach 102,204,022 schedule) q 2 Check ► if the foundation is not required to attach Sch B . 3 Interest on savings and temporary cash investments 899,207 899,207 4 Dividends and interest from securities . 9,819,507 9,819,507 5a Gross rents . b Net rental income or (loss) a> 6a Net gain or (loss) from sale of assets not on line 10 21,589,060 b Gross sales price for all assets on line 6a 7 Capital gain net income (from Part IV, line 2) . 21,589,060 8 Net short-term capital gain . 9 Income modifications . 10a Gross sales less returns and allowances b Less Cost of goods sold . c Gross profit or (loss) (attach schedule) . 11 Other income (attach schedule) . 13,676,437 646,874 12 Total . Add lines 1 through 11 . 148,188,233 32,954,648 13 Compensation of officers, directors, trustees, etc 280,436 280,436 14 Other employee salaries and wages . 4,078,763 4,078,763 0 15 Pension plans, employee benefits . 829,378 829,378 ^C 16a Legal fees (attach schedule) . JJ 18,868 0 0 18,868 R. b Accounting fees (attach schedule) . 44,162 0 0 44,162 X w c Other professional fees (attach schedule) . 1,225,921 703,875 522,046 17 Interest . 1,867,180 1,867,180 18 Taxes (attach schedule) (see instructions) 128,605 128,605 19 Depreciation (attach schedule) and depletion . 0 20 Occupancy . 21 Travel, conferences, and meetings . 1,209,479 1,209,479 22 Printing and publications . 46 , 006 46 , 006 23 Other expenses (attach schedule) . 6,170,617 2,474,546 81,444 24 Total operating and administrative expenses. Add lines 13 through 23 . 15,899,415 5,174,206 0 7,110,582 25 Contributions, gifts, grants paid . 80,192,363 76,901,930 26 Total expenses and disbursements . Add lines 24 and 25 96,091,778 5,174,206 0 84,012,512 27 Subtract line 26 from line 12 a Excess of revenue over expenses and 52 ,096,455 disbursements b Net investment income (if negative, enter -0-) 27,780,442 c Adjusted net income (if negative, enter -0-) . I-or Paperwork Keouction Act notice, see instructions . Cat No 11289X Form 990-PF (2016) Form 990-PF (2016) Pane 2 Beginning of year End of year Balance Sheets Attached schedules and amounts in the description column ® should be for end-of-year amounts only (See instructions ( a) Book Value ( b) Book Value (c) Fair Market Value 1 Cash - non-interest - bearing 1,658,078 1,658,078 2 Savings and temporary cash investments . 21,124,451 21,933,862 21,933,862 3 Accounts receivable ► 990,213 Less allowance for doubtful accounts ► 4,986,943 990,213 990,213 4 Pledges receivable ► Less allowance for doubtful accounts ► 5 Grants receivable . 6 Receivables due from officers, directors , trustees, and other disqualified persons ( attach schedule ) ( see instructions) . 7 Other notes and loans receivable (attach schedule) ► Less allowance for doubtful accounts ► ,A 8 Inventories for sale or use . N 9 Prepaid expenses and deferred charges . 242 ,652 728,159 728,159 Q 10a Investments - U S and state government obligations (attach schedule) b Investments - corporate stock ( attach schedule ) . c Investments - corporate bonds ( attach schedule ) . 11 Investments-land, buildings , and equipment basis ► 355,213 Less accumulated depreciation ( attach schedule ) ► 2,455,694 Gj 355,213 355,213 12 Investments - mortgage loans . 13 Investments-other ( attach schedule ) . 553,010,834 ^J 614,788,725 672,277,235 14 Land , buildings, and equipment basis ► Less accumulated depreciation ( attach schedule) ► 15 Other assets ( describe ► 16 Total assets ( to be completed by all filers - see the instructions Also, see page 1, item I) 581,820,574 640,454,250 697,942,760 17 Accounts payable and accrued expenses . 1,652,826 749,784 18 Grants payable . 1,532,400 5,251,400 C) 19 Deferred revenue . 20 Loans from officers , directors, trustees , and other disqualified persons 21 Mortgages and other notes payable ( attach schedule ). J 22 Other liabilities ( describe ► 23 Total liabilities (add lines 17 through 22) . 3,185,226 6,001,184 Foundations that follow SFAS 117, check here a> and complete lines 24 through 26 and lines 30 and 31. U 24 Unrestricted . 578,635,348 634,453,067 '00 25 Temporarily restricted C 26 Permanently restricted . q Foundations that do not follow SFAS 117 , check here ► and complete lines 27 through 31. 27 Capital stock, trust principal , or current funds 28 Paid-in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings, accumulated income , endowment , or other funds d Z 30 Total net assets or fund balances ( see instructions ) . 578,635,348 634,453,067 31 Total liabilities and net assets / fund balances ( see instructions ) 581,820,574 640,454,251 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 30 (must agree with end- of-year figure reported on prior year's return) . 1 578,635,348 2 Enter amount from Part I, line 27a . 2 52,096,455 3 3,721,264 3 Other increases not included in line 2 (itemize) ► 4 Add lines 1, 2, and 3 . 4 634,453,067 5 Decreases not included in line 2 (itemize) ► 5 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 6 634,453,067 Form 990-PF (2016) Form 990-PF (2016) Page 3 Capital Gains and Losses for Tax on Investment Income How acquired List and describe the kind(s) of property sold (e g , real estate, Date acquired Date sold P-Purchase 2-story brick warehouse, or common stock, 200 shs MLC Co (mo , day, yr) (mo , day, yr ) D-Donation 1 a EFPRP INVESTMENTS - PASS-THRU ENTITY b CARL & MARY ANN BERG CRT - PASS THRU ENTITY C d e ( e) (f) (g) (h) Depreciation allowed Cost or other basis Gain or (loss) Gross sales price (or allowable) plus expense of sale (e) plus (f) minus (g) a 21,089,060 b 500,000 C d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) (j) (k) Gains (Col (h) gain minus ( i ) Adjusted basis Excess of col (i) col (k), but not less than -0-) or F M V as of 12/31/69 as of 12/31/69 over col (3), if any Losses (from col (h)) a b C d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) ) If (loss), enter -0- in Part I, line 7 2 21,589,060 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 . i 3 Ei^ Qualification Under Section 4940 ( e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income ) If section 4940(d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? q Yes W No If "Yes," the foundation does not qualify under section 4940(e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see instructions before making any entries Base period years Calendar Distributdon ratio Adjusted qualifying distributions Net value of noncha) stable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2015 50,472,539 475,703,307 0 106101 2014 36,085,910 383,114,182 0 094191 2013 27,594,863 245,361,154 0 112466 2012 17,610,096 216,432,788 0 081365 2011 20,955,082 215,815,197 0 097097 2 Total of line 1, column (d) .