FSU Reviews Koch Brothers Contract

05/24/2011 08:07 am ET | Updated Jul 24, 2011

Florida State University's faculty leaders prepared to review the university's contract with the Charles G. Koch Foundation on Monday. The agreement had been the object of much criticism in the press.

Under the current contract, Koch has the ability to vet the hiring of two economics professors, in exchange for donating $1.5 million to the university over a period of six years.

The Miami Herald has more:

FSU President Eric Barron, who requested the review, was not in office when the contract was signed, but he has defended it. In a May 17 email, he asked members of the Faculty Senate steering committee to examine issues surrounding the agreement and its implementation “to ensure that the integrity of Florida State University was protected.”

Charles Koch and his brother David are the billionaire owners of Koch Industries, one of the US's largest corporations, and the maker of Brawny towels. They have donated handsomely to conservative and libertarian causes over several years. The New Yorker described the Kochs as "a family that has repeatedly funded stealth attacks on the federal government, and on the Obama Administration in particular."