No other University in America has received more funding from Charles Koch like George Mason University. The public school has greatly benefited from the philanthropy of Koch having received a whopping $48 million dollars in the last four years. In fact, in 2014, the public school received $16.8 million. This represents one third of the total donations that the school gets annually from private sources.
Most of the money received by the school, from donations, goes to the Institute for Humane Studies. Another large portion of the donations received from Koch is channeled to the Mercatus think tank located inside the school. The think tank was established back in 1992. Since then, it has received numerous support from Koch who happens to be the IHS board chairman, a Mercatus board member. The think tank largely advocates for a more liberal approach to governance and market control by conducting research that seeks to educate and push congressional staffers and federal regulators in a view to influence government policies.
While the large and generous donations continue to elicit worry and concern from students and other education stakeholders about the independence of universities from donors, the Charles Koch foundation has stated that all its donations come without any form of strings attached. The president of George Mason University, Angel Cabrera, has expressed his delight and appreciation to philanthropists like Charles Koch who give generously to education institutions in support of their programs.
Charles Koch is one of the richest men in the world. His total net worth today stands at about $43 billion. He is an American national, businessman, philanthropist and the Chief Executive Officer of Koch Industries. The petrochemicals company was inherited from his father, Fred C. Koch and Charles currently co-owns it with his younger brother, David Koch, each with an equal 42 percent stake. They have expanded the company into the second wealthiest, family owned, company in the United States. Koch has two other brothers namely Bill and Frederick Koch.
Koch is a known conservative and holds strictly liberal views concerning public and market policies. He heads one of the biggest think tank that advocates for more liberal government policies called Mercatus. Koch is a published author and is married. He also has two children.