The Daily Caller News Foundation

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The Daily Caller News Foundation describes itself as "a 501(c)(3) non-profit providing original investigative reporting from a team of professional reporters that operates for the public benefit."[1] It is a part of The Daily Caller's "peculiar business structure," according to an article in The Washington Post which was based on an investigation by the Center for Media and Democracy (CMD). The structure enables The Daily Caller it to "increase revenue while reducing its tax obligation."[2]

The structure “raises significant questions about whether the (c)(3) is operating for private benefit instead of for a charitable or educational purpose consistent with its tax-exempt status,” according to Elizabeth Kingsley, a nonprofit tax expert at the D.C. law firm of Harmon, Curran, Spielberg + Eisenberg.[3]

The Daily Caller brand is both the foundation and the website. The prior is a non-profit charity and the latter, like many media outlets, is a for-profit organization. The Daily Caller website is revenue-driven, but it gets a sizable amount of its content from its own non-profit charity. DailyCaller.com then translates the stories produced by The Daily Caller News Foundation into advertising revenue by driving viewership to the site. A CMD investigation found that 46% of the content published in DailyCaller.com’s Politics section was created by the non-profit affiliate, as was 67% of its US section, 84% of the World section, 95% of its Business section, 44% of its Education section, and 99% percent of its Energy section during the course of the investigation.[3]

On The Daily Caller’s for-profit website, they explain the arrangement as "a licensing agreement" and clarify that the Foundation is "a separate legal entity from The Daily Caller." Furthermore, it asserts that it "currently has over 250 publishers signed onto its free license to run its content on their sites," and "The Daily Caller gets this content on the same terms as all other licensees with no special preference."[4] But, according to CMD's reporting, the Daily Caller gives the Foundation free rent and Internet in exchange for licensing its content to the for-profit operation and the nonprofit’s Editor-In-Chief has served as the for-profit’s Senior-Editor, among other ties. The other news outlets that the Foundation listed to the IRS as recipients of its services only run a handful of Foundation stories per year.[3]

Ties to the Koch Brothers

The Daily Caller News Foundation receives funding from the Koch Family Foundations and the Charles Koch Institute.

Koch Wiki

The Koch brothers -- David and Charles -- are the right-wing billionaire co-owners of Koch Industries. As two of the richest people in the world, they are key funders of the right-wing infrastructure, including the American Legislative Exchange Council (ALEC) and the State Policy Network (SPN). In SourceWatch, key articles on the Kochs include: Koch Brothers, Koch Industries, Americans for Prosperity, American Encore, and Freedom Partners.

Ties to the Bradley Foundation

In 2014, The Daily Caller Foundation received $100,000 from the Lynde and Harry Bradley Foundation "to support general operations." Bradley detailed the most recent grants in internal documents examined by the Center for Media and Democracy (CMD). Below is a description of the grant prepared by CMD.

Bradley staff writes, "DCNF's activities are, in many ways, closely akin to that which the Bradley-supported nonprofit National Review Institute and [[Franklin Center for Government & Public Integrity do the for the for-profit National Review in the opinion-writing context...Mindful of Directors' stated desires to encourage this kind of "forward-lookingness" in public discourse, staff recommends a $100,000 IRA investment in DCNF for its general operations."

Bradley Files

In 2017, the Center for Media and Democracy (CMD), publishers of SourceWatch, launched a series of articles on the Milwaukee-based Lynde and Harry Bradley Foundation, exposing the inner-workings of one of America's largest right-wing foundations. 56,000 previously undisclosed documents laid bare the Bradley Foundation's highly politicized agenda. CMD detailed Bradley's efforts to map and measure right wing infrastructure nationwide, including by dismantling and defunding unions to impact state elections; bankrolling discredited spin doctor Richard Berman and his many front groups; and more.

Find the series here at ExposedbyCMD.org.

Funding

The Daily Caller is a for-profit company, but The Daily Caller News Foundation is a nonprofit which receives donations from many sources.

"Sources of Support include the Charles Koch Foundation, the Charles Koch Institute, an anonymous donor through the donor trust, the Bradley-supported Franklin Center for Government & Public Integrity, and the Searle Freedom Trust" [5]

Core Financials

2017[7]

  • Total Revenue: $2,559,847
  • Total Expenses: $2,505,122
  • Net Assets: $1,206,672

2016[8]

  • Total Revenue: $1,142,882
  • Total Expenses: $2,058,802
  • Net Assets: $1,151,947

2015[9]

  • Total Revenue: $3,009,557
  • Total Expenses: $1,167,196
  • Net Assets: $2,067,867

2014[10]

  • Total Revenue: $723,578
  • Total Expenses: $469,432
  • Net Assets: $225,686

2013[11]

  • Total Revenue: $134,570
  • Total Expenses: $287,154
  • Net Assets: $-280,460

2012[12]

  • Total Revenue: $215,640
  • Total Expenses: $84,988
  • Net Assets: $124,124

2011[13]

  • Total Revenue: none
  • Total Expenses: $3,642
  • Net Assets: $1,358

Personnel

As of March 2019, the following people are listed online as members of the foundation's editorial staff:[1]

  • Christopher Bedford, Editor-in-Chief
  • Dave Brooks, Managing Editor
  • Emma Colton, Deputy Editor
  • Ethan Barton, Deputy Editor
  • Leah Jessen, Network Editor
  • Sydney Shea, Editor
  • Ben Whedon, Editor
  • Michael Bastasch, Senior Reporter, Energy, Climate and the Environment
  • Kevin Daley, Senior Reporter, Politics, Courts
  • Sean Moody, Producer, Video
  • Jessica Kramer, Reporter, Video
  • Luke Rosiak, Investigative Reporter
  • Chuck Ross, Investigative Reporter
  • Andrew Kerr, Investigative Reporter
  • Peter Hasson, Investigative Reporter
  • Katrina Willis, Video Editor
  • Emily Larsen, Reporter, Fact-Check
  • Bradley Sylvester, Reporter, Fact-Check
  • Chris White, Reporter, Politics, Tech, Climate, the Environment
  • Grace Carr, Reporter, Politics, Abortion, Marriage
  • Henry Rodgers, Reporter, Politics
  • Joshua Gill, Reporter, Politics, Religion
  • Anders Hagstrom, Reporter, Politics, Justice, Crime, Punishment
  • Nick Givas, Reporter, Politics, Television
  • Timothy Pearce, Reporter, Politics, Energy, Labor
  • Jason Hopkins, Reporter, Politics, Energy, Immigration
  • Molly Prince, Reporter, Politics, Finance, Economy
  • Neetu Chandak, Reporter, Politics, Immigration
  • Evie Fordham, Reporter, Politics
  • Whitney Tipton, Reporter, Politics
  • Ryan Kibby, Video Editor
  • Vincent Shkreli, Video Editor
  • Carter DeWitt, Chief Development Office

Other employees listed on the 2017 tax forum are:[7]

  • Neil Patel, President
  • Marcus Sterne, Director
  • Tucker Carlson, Secretary (listed as "chairman" online)[1]
  • Margaret Crilley, Executive Director
  • Richard Pollack, Senior Reporter
  • Luke Rosiak, Reporter
  • Stanley M. Tapscott, Executive Director

Articles and Resources

IRS Form 990 Filings

2017

2016

ExposedByCMD Articles

References

  1. 1.0 1.1 1.2 The Daily Caller News Foundation about us organizational website, accessed March 20, 2019
  2. Callum Borchers Charity doubles as a profit stream at the Daily Caller News Foundation, The Washington Post, June 2, 2017
  3. 3.0 3.1 3.2 Calvin Sloan Exposed: Tucker Carlson, His “Charity,” and the Trump Campaign Cash He Didn’t Tell FOX Viewers About ExposedbyCMD June 1, 2017
  4. The Daily Caller About organizational website, accessed March 20, 2019
  5. The Bradley Center detailed grants in internal documents examined by the Center for Media and Democracy (CMD). The quoted text was written by The Daily Caller News Foundation
  6. Conservative Transparency Daily Caller News Foundation American Bridge 21st Century Foundation, accessed June 7, 2018
  7. 7.0 7.1 Daily Caller News Foundation [paper copy IRS 2017 Form 990], organizational tax filing, filed September 10, 2018
  8. Daily Caller News Foundation IRS 2016 Form 990, organizational tax filing, accessed June 7, 2018
  9. Daily Caller News Foundation IRS 2015 Form 990, organizational tax filing, accessed June 7, 2018
  10. Daily Caller News FoundationIRS 2014 Form 990, organizational tax filing, accessed June 7, 2018
  11. Daily Caller News FoundationIRS 2013 Form 990, organizational tax filing, accessed June 7, 2018
  12. Daily Caller News FoundationIRS 2012 Form 990, organizational tax filing, accessed June 7, 2018
  13. Daily Caller News FoundationIRS 2011 Form 990, organizational tax filing, accessed June 7, 2018