A peek inside Koch brothers’ ‘secret bank’

In an article titled “The Koch brothers’ secret bank,” Politico reported on a little-known organization in Arlington, Va., that serves “as an outlet for the ideas and funds” of Charles and David Koch and other wealthy conservatives. Freedom Partners raised and spent $250 million in 2012, “cutting checks as large as $63 million to groups promoting conservative causes,” Politico reported. Those groups include Americans for Prosperity ($32.3 million); Themis Trust, a Koch-based voter database ($5.8 million); and American Future Fund ($13.6 million). In 2010, the Iowa-based American Future Fund spent hundreds of thousands of dollars on TV ads in support of GOP attorney general candidate Derek Schmidt. Freedom Partners has five directors, Politico reported, including Koch officials Wayne Gable, Richard Fink and Kevin Gentry and Wichita Realtor Nestor Weigand. A statement on the Koch Industries website says that Freedom Partners “operates independently of Koch Industries and educates the public about a broad range of issues.”