Stand Together Foundation: The Koch-Backed Anti-Poverty Group Starting off 2019 with a Bang

Stand Together Foundation, a nonprofit backed by the Koch family and its network, plans to give $10 to $15 million in grants in January to mark “Poverty Awareness Month.” The organization has already distributed more than $6.5 million, which leaves millions in grants yet to come.

The nonprofit is funded through the Seminar Network, a group of hundreds of business leaders led by Charles Koch. The network professes a desire to remove the “internal and external barriers” that hold people back through social entrepreneurship.

Charles Koch is well known in philanthropy circles for his extensive giving on college campuses to promote free market ideas and scholarship.

Read more at Inside Philanthropy