Koch Foundation
The Koch Foundation is a private philanthropic organization established in 1979 by Carl and Paula Koch. Based in Gainesville, Florida, the foundation operates as a 501(c)(3) nonprofit organization dedicated to strengthening and propagating the Roman Catholic faith through grant support for evangelization efforts worldwide.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$71.7M
-1.2% YoY
Annual Giving
$6.4M
+0.2% YoY
Grant Count
378
+2.7% YoY
Avg Grant Size
$17K
-2.4% YoY
Mission & Focus Areas
The foundation's mission is to strengthen and propagate the Roman Catholic faith by providing grant support for a wide variety of evangelization efforts. The foundation supports Catholic organizations and initiatives globally, with a particular emphasis on missions, seminarian support, and religious novice formation.
Grantmaking
The Koch Foundation is an active grantmaker with recent grant activity in 2024. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The Koch Foundation supports numerous global cities and U.S. states, including major cities such as New York, Los Angeles, and Nairobi, as well as smaller communities. U.S. funding extends across multiple states including Alaska, Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, and 27 additional states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending March 2024:
- Total Assets: $71.7 million
- Total Revenue: $6.32 million
- Total Expenses: $7.15 million
- Total Liabilities: $30,100
- Number of Employees: 2-3
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,661,279 | $72,510,567 | $76,578,074 |
| Revenue | $6,320,348 | $3,055,261 | $3,943,559 |
| Expenses | $7,153,299 | $7,106,875 | $6,655,299 |
| Qualifying Distributions | $6,835,631 | $6,804,547 | $6,410,901 |
| Net Investment Income | $5,689,626 | $2,841,121 | $3,722,523 |
| Distributable Amount | $5,747,521 | $5,613,547 | $6,251,999 |
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
200 grants across all recorded years
Open Grants
1 open opportunity from Koch Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- William A. Bomberger – President
- Carolyn Young – Executive Director (annual compensation: $139,900)
- Monica Fox – Director of Operations (annual compensation: $94,800)
The foundation's board consists of members of the Bomberger and Vraney families, who serve without compensation. Carolyn Young is the only compensated member of the leadership team beyond operations staff.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLYN L BOMBERGER | ASST. TREASURER | 5 | — |
| WILLIAM A BOMBERGER | PRESIDENT | 5 | — |
| MICHELLE H BOMBERGER | ASSISTANT SECRETARY | 5 | — |
| MATTHEW A BOMBERGER | TREASURER & INVESTMENT COMMITTEE CHAIR | 5 | — |
| RACHEL A BOMBERGER | SECRETARY | 5 | — |
| INGE VRANEY | VICE PRESIDENT | 5 | — |
| LORI A VRANEY | DIRECTOR | 5 | — |
| JEFFREY P VRANEY | DIRECTOR | 5 | — |
| MAURA J VRANEY | DIRECTOR | 5 | — |
| LAWRENCE E VRANEY JR | DIRECTOR | 5 | — |
| CAROLYN YOUNG | EXECUTIVE DIRECTOR | 40 | $139,900 |
Contact Information
Address: 4421 NW 39th Avenue Building 1, Suite 1 Gainesville, FL 32606-7211 USA
Phone: (352) 373-7491
Website: thekochfoundation.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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