Between the foundation and their publicized personal donations, the couple donated an average of about $63 million per year between 20, with only one or two years in which they donated less than $10 million. He donated another $100 million to New York-Presbyterian Hospital in 2013-the largest donation it had ever received. In 2007, Koch donated $100 million to MIT for cancer research in 2008 he pledged $100 million toward the renovation of the New York State Theater at Lincoln Center. While her husband was alive, the couple gave widely and publicly-to Koch and his brother’s dark-money political group, as well as major hospitals and arts organizations. Last year, Forbes named his widow the richest woman in the country, with an estimated fortune of $56 billion. By the time he died in 2019, following health struggles, he had amassed a net worth of approximately $42.2 billion-all of which he passed on to his wife and children. When David Koch married socialite Julia Flesher in the Hamptons in 1996, he was well on his way to becoming one of the richest men in the country thanks to his role at Koch Industries, the massive manufacturing company founded by his father and co-run by his brother, Charles. It is possible that Koch donated anonymously, through an LLC, or through a donor-advised fund, though experts say gifts of more than $1 million are usually reported in the media, either by the donor or recipient. A representative declined to comment for this article or to confirm this accounting of Koch’s contributions. Koch Foundation’s IRS 990 forms and a search of news articles, annual reports, and other public records. The details of Julia Koch’s donations are based on the David H. In the last two years, Julia Koch has purchased three new homes worth more than $170 million and embarked on a renovation of her existing $40 million townhouse. It does not appear the spending slowdown is the result of a cash crunch.

The foundation is slowly working through its dwindling funds, which experts say could signal a planned wind-down. Koch Foundation-founded by the manufacturing titan and now helmed by his wife, the richest woman in America-appears to have gotten rid of its staff and has not received any new funding since Koch’s death. Since David’s death in 2019, however, his widow appears to have sharply slowed her public giving-donating less than $4 million between 20, the last year for which records are available. Billionaires David and Julia Koch were best known as dark-money mega-donors to conservative causes and candidates, but they also gave tens of millions of dollars to charity each year.

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