The mission of the Daily Caller News Foundation, according to IRS filings, is “to train up-and-coming reporters and editors, to carry out investigative reporting, and to perform deep policy reporting with a purpose of consumer awareness and education.”
To evaluate the fulfillment of those goals, the Center for Media and Democracy, which first alerted The Fix to the Daily Caller’s business construct, analyzed the foundation’s output for two separate weeks, one in January and one in March. The watchdog found that only 39 percent of the articles represented original reporting; the rest hardly qualified as “investigative reporting” or “deep policy reporting.”
…
“It’s a huge rip-off for taxpayers if the Daily Caller News Foundation is receiving revenue that it doesn’t pay taxes on, to produce stories that are used by the for-profit enterprise, which then makes money on the stories through ads,” said Lisa Graves, a deputy assistant attorney general in the Clinton administration who now serves as executive director of the Center for Media and Democracy.