Koch Brothers Give $25 Million to United Negro College Fund
Joel B. Pollak, Breitbart, June 6, 2014
In a move that is sure to confound–and enrage–the left, the Koch brothers have donated $25 million to the United Negro College Fund (UNCF), the foremost source of financial support to African-American students.
The UNCF launched the “Koch Scholars” program Friday, which “will provide nearly 3,000 merit- based awards to African American undergraduate, graduate, and post-doctorate students seeking scholarship assistance.”
According to Koch Industries, Inc., the donation will also help fund 37 historically black colleges, which have struggled with financial shortfalls in recent years.
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The Koch brothers, Charles and David, are the Democrats’ favored targets in campaigns against Republicans in general, particularly on themes of climate change and campaign finance. {snip}
The Kochs, who support a variety of conservative, free market, and libertarian causes, are also known for their philanthropy in a variety of areas.
The $25 million donation to the UNCF is not a one-time gift aimed at easing public scrutiny, but is in fact the continuation of a long association between Koch-owned companies and the organization.
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