Wednesday, September 1st, 2010

Koch and Americans for Prosperity/Citizens for a Sound Economy

An August 2010 story in The New Yorker attempted to diminish and mischaracterize important and authentic citizen efforts as well as company support of education and human services programs.

Among the hundreds of organizations that have received support from Koch companies and/or the Koch foundations are Americans for Prosperity and Americans for Prosperity Foundation. AFP and AFP Foundation are legally separate organizations with two separate governing boards. Koch foundations provide no funding to AFP.

In 1984, Dr. Richard Fink, Charles Koch and David Koch and Jay Humphreys co-founded Citizens for a Sound Economy and Citizens for a Sound Economy Foundation. Over time the participants in CSE and the CSE Foundation developed different visions. In 2004, CSE became FreedomWorks and the CSE Foundation was renamed Americans for Prosperity Foundation. AFP Foundation created a 501(c)(4) organization, Americans for Prosperity. AFP and AFP Foundation have grown to more than 2 million members in all 50 states and 34 state chapters and affiliates. More than 90,000 Americans in all 50 states have made a financial contribution to AFP or its sister organization, AFP Foundation. David Koch is chairman of the board for AFP Foundation, which has a citizen-education mission.

AFP Foundation, which is a 501(c)(3) organization, focuses on citizen education about economic policy and a return of the federal government to its Constitutional limits. AFP, a 501(c)(4) entity, focuses on citizen advocacy.

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