Koch Foundation Inc
Koch Foundation Inc. is a private foundation established in May 1947 and located in Evansville, Indiana. The foundation is a company-sponsored foundation affiliated with Koch Enterprises, Inc., a privately owned global corporation based in Evansville.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.4M
+6.6% YoY
Annual Giving
$2.8M
-3.9% YoY
Grant Count
165
+18.7% YoY
Avg Grant Size
$17K
-19.0% YoY
Under IRS private-foundation payout rules, Koch Foundation Inc reported a distributable amount of $3.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated purpose is to provide guidance, support, and capital to the family-owned portfolio of growing and diversified businesses. The foundation supports organizations involved in:
- Education
- Arts & Culture
- Health
- Social & Human Services
- Religion
- Civic Affairs
Grantmaking
The foundation does not support:
Grant Types
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Geographic Focus
Where this funder awards grants
93% of grants stay in Indiana. The foundation also provides support internationally, as Koch Enterprises, Inc. operates as a global corporation.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $39,777,311
- Total Revenues: $5,135,145
- Total Expenses: $2,963,497
- Total Giving: $2,897,162
- Income: $13,758,194
Major Donors/Affiliated Entities:
- George Koch Sons, Inc.
- Gibbs Die Casting Corp.
- George Koch Sons, LLC
- Koch Enterprises, Inc.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,414,735 | $39,777,311 | $37,209,160 |
| Revenue | $5,541,139 | $5,135,145 | $3,110,205 |
| Expenses | $2,906,380 | $2,963,497 | $2,755,283 |
| Qualifying Distributions | $2,785,199 | $2,897,162 | $2,640,665 |
| Net Investment Income | $2,749,958 | $2,468,810 | $995,587 |
| Distributable Amount | $3,325,912 | $2,722,512 | $2,614,184 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include EVANSVILLE MUSEUM OF ARTS and SCIENCE ($180,920), American Red Cross ($23,320), Evansville Catholic Interparochial High S ($16,340).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBION FELLOWS BACON FOUNDATION Evansville, IN | Charitable Operations | $5,000 |
| ALLIANCE FOR CATHOLIC URBAN EDUCATION Covington, KY | Charitable Operations | $2,500 |
| ALS ASSOCIATION Saint Louis, MO | Charitable Operations | $1,000 |
| AMERICAN CANCER SOCIETY GA Atlanta, GA | Charitable Operations | $4,500 |
| AMERICAN RED CROSS Evansville, IN | Charitable Operations | $23,320 |
| ANNUNCIATION SCHOOL Evansville, IN | Charitable Operations | $6,500 |
| ARTS COUNCIL OF SOUTHWESTERN INDIANA Evansville, IN | Charitable Operations | $2,500 |
| ASCENSION ST VINCENT EVANSVILLE FOUND Evansville, IN | Charitable Operations | $7,040 |
| AURORA Evansville, IN | Charitable Operations | $5,000 |
| AUTISM EVANSVILLE Evansville, IN | Charitable Operations | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Susan E Parsons: Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert L Koch II | President | 2 | — |
| Kevin R Koch | Vice President | 2 | — |
| James H Muehlbauer | Vice President | 2 | — |
| Neil T McDonald | Treasurer | 2 | — |
| Jennifer K Slade | Secretary | 5 | — |
| David M Koch | Director | 1 | — |
| Brad J Muehlbauer | Director | 1 | — |
| Steven A Church | Director | 1 | — |
| Glen J Muehlbauer | Director | 1 | — |
| Josh Gilberg | Director | 1 | — |
Frequently Asked Questions
What does Koch Foundation Inc fund?
The foundation's stated purpose is to provide guidance, support, and capital to the family-owned portfolio of growing and diversified businesses. The foundation supports organizations involved in: • Education • Arts & Culture • Health • Social & Human Services • Religion • Civic Affairs
How do I apply for a grant from Koch Foundation Inc?
**Grant Activity:** • Total annual giving: $2,897,162 • Most recent year (2023): $1,426,915 in grants made • Total assets (2023): $39,777,311 **Recent Grants (2023):** • Evansville Museum of Arts History and Science: $258,000 • Louis J Koch Family Children's Museum of Evansville: $257,060 • United Way of Southwestern Indiana Incorporated: $208,012 • St. Meinrad Archabbey School: $200,250 • Reitz Memorial Catholic High School: $713,500 • Scholarship America: $53,780 • United Way of Henderson Cou…
Where does Koch Foundation Inc make grants?
93% of grants stay in Indiana. The foundation also provides support internationally, as Koch Enterprises, Inc. operates as a global corporation.
What size grants does Koch Foundation Inc award?
In 2024, Koch Foundation Inc awarded 165 grants totaling $2.8M — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Koch Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Koch Foundation Inc reported a distributable amount of $3.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Koch Foundation Inc's EIN?
Koch Foundation Inc's EIN (Employer Identification Number) is 35-6023372. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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