Charles Koch Institute
- Assets
- $418.6m
- Revenue
- $1.6m
- Investments
- $413.1m
- Employees
- 22
- Location
- Arlington, VA
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 27-4967732
Organization Overview
Charles Koch Institute, operating under the name Stand Together Fellowships, is located in Arlington, VA. The organization was established in 2011. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 12/2022, Stand Together Fellowships employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stand Together Fellowships is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Stand Together Fellowships generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Stand Together Fellowships has awarded 562 individual grants totaling $99,755,917. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRED BY A RECOGNITION THAT FREE PEOPLE ARE CAPABLE OF EXTRAORDINARY THINGS, STAND TOGETHER FELLOWSHIPS SUPPORTS EDUCATIONAL PROGRAMS AND DIALOGUE TO ADVANCE THESE PRINCIPLES, CHALLENGE CONVENTION, AND ELIMINATE BARRIERS THAT STIFLE CREATIVITY AND PROGRESS.
Describe the Organization's Program Activity:
EDUCATE STUDENTS IN A CLASS ROOM REGARDING THE PRINCIPLES THAT ENABLE INDIVIDUALS TO LIVE THEIR BEST LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/executive VP | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director/vice Chairman | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Secretary | Officer | 1 | $0 |
Name Not Listed Executive Director | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Heyfeifer Productions Llc Technology Services | 12/30/22 | $200,000 |
Stand Together Communications Media Services | 12/30/22 | $170,203 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $500,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $634,838 |
| Total Program Service Revenue | $0 |
| Investment income | $2,449,715 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $192,463 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,634,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $821,833 |
| Grants and other assistance to domestic individuals. | $392,150 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,960 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,300,786 |
| Pension plan accruals and contributions | $73,308 |
| Other employee benefits | $139,064 |
| Payroll taxes | $97,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,808 |
| Fees for services: Accounting | $20,176 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $935,350 |
| Advertising and promotion | $93,558 |
| Office expenses | $71,630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $132,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110,699 |
| Interest | $7,389 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,042 |
| All other expenses | $0 |
| Total functional expenses | $4,682,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,619 |
| Savings and temporary cash investments | $4,888,182 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,233 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $504,359 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $413,118,943 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $418,635,336 |
| Accounts payable and accrued expenses | $1,542,098 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,542,098 |
| Net assets without donor restrictions | $417,093,238 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $418,635,336 |
Grants Awarded
Over the last fiscal year, Charles Koch Institute has awarded $769,323 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
BAY CITY NEWS FOUNDATION PURPOSE: Education | $8,000 |
BRIGID'S PATH PURPOSE: Education | $8,000 |
BAY NATURE INSTITUTE PURPOSE: Education | $8,000 |
CARDINAL INSTITUTE FOR WEST VIRGINIA POLICY PURPOSE: Education | $7,700 |
CATO INSTITUTE PURPOSE: Education | $47,375 |
CENTER FOR THE NATIONAL INTEREST PURPOSE: Education | $20,092 |