MEGYN KELLY (HOST): They say you're going to spend $900 million on the presidential race this cycle. Is that true?
CHARLES KOCH: No, no, not even close.
KELLY: Koch says it's actually more like $300 million, and not all will go toward the presidential race. As for the Democrats' charge that the Koch's donor network is shady?
KOCH: Everything I give pretty much is public. Now, not every donor wants to or is willing to get the kind of abuse and attacks that we do, or death threats, so they're not willing to have their names out. And I think the other side is pushing for that because they want to intimidate people so they won't oppose it.
KELLY: But Charles Koch is not intimidated. And not slowing down any time soon.
Predictably, Kelly doesn't mention existing research on the web proving Koch to be a liar.
This means that donations made by the Koch family foundations -- the Charles G. Koch Foundation, the David Koch Foundation, and the now-closed Claude R. Lambe Foundation -- as well as Koch nonprofit funding vehicles, must be publicly reported.
In contrast, there is no public reporting requirement for donations directly from the personal bank accounts of David and Charles Koch, who together are worth an estimated $83 billion, unless donating directly to a candidate or PAC.
And, there is no public reporting of contributions from Koch Industries itself. Koch Industries is a closely-held company, so its majority owners, David and Charles Koch, do not have to publicly disclose how they use profits from the company's $115 billion in annual revenue to fund their personal political agenda.
However, a handful of recently uncovered documents provide a snapshot into this secret, entirely off-the-books political spending.
Sure, it's all public. Sure it is.