INVESTIGATIVE DOCUMENT - EL PASO MEDIA FUNDING ANALYSIS - FEBRUARY 2026
EP

El Paso Media Funding Investigation

Evidence Flowchart: EPCF Concentration of Power → DOJ Evidence → Structural Analysis

CASE REF: EP-MEDIA-2026-001 | COMPILED: February 3, 2026 | STATUS: Active Investigation
PRIMARY FINDING

Concentration of Power: El Paso Community Foundation

While El Paso's nonprofit media appear to operate legitimately, there's a concerning concentration of power: one foundation (EPCF) controls funding for both major nonprofit news organizations while also being involved in development projects and holding $2.2M to distribute to future journalism.

Key Facts:

  • El Paso Matters - Fiscal sponsor: EPCF
  • Puente News Collaborative - Fiscal sponsor: EPCF
  • MacArthur Foundation grant: $3.45M flows through EPCF
  • EPCF controls: $2.2M donor-advised fund for future journalism grants
  • EPCF involvement: Also manages funding for Deck Plaza development project
Question
DOJ EVIDENCE - EFTA01615329

Department of Justice: Released Communications

The investigation was prompted by communications released through DOJ proceedings, showing discussions between Steve Bannon and an associate about structuring media organizations as NGOs to obtain legal protections.

justice.gov/documents/EFTA01615329
Unknown Associate

György Schwartz, real name of George Soros. Was careful not to register under fara. NGOs were carefully structured. - My reading is that you can form a media co. and make that the umbrella exemption

10:52:13 am
Steve Bannon (SB)

On it

10:52:51 am
Unknown Associate

The media co. has lots of advantages. Source privilege etc

10:53:56 am
⚠ KEY TAKEAWAY: Communications discuss forming media companies as NGOs to obtain "umbrella exemption" and "source privilege" - legal protections that shield operations from certain disclosure requirements.
Structural Analysis
STRUCTURAL MODEL

The NGO Media Structure

The communications reference a specific organizational model. Here's what it provides:

501(c)(3) Tax Exemption

Tax-exempt status allows organizations to receive unlimited donations without paying taxes on that income

Source Privilege

Journalists have legal protections to refuse to reveal confidential sources in many jurisdictions

Donor Privacy

Nonprofits can accept anonymous donations, though some voluntarily disclose major donors

"Umbrella Exemption"

Can potentially avoid FARA (Foreign Agents Registration Act) requirements if structured as media/journalism

Fiscal Sponsorship

Foundation can act as fiscal sponsor, controlling multiple media organizations through one entity

Grant Flexibility

Can receive grants from foundations, corporations, governments with fewer disclosure requirements than for-profit media

Compare
STRUCTURAL MATCH

El Paso's Nonprofit Media: Identical Structure

Both El Paso Matters and Puente News Collaborative utilize the exact organizational structure discussed in the DOJ communications:

✓ 501(c)(3) Nonprofit Status

El Paso Matters: Founded 2020, registered 501(c)(3), supporting organization of EPCF

Puente News Collaborative: Founded 2021, registered 501(c)(3), supporting organization of EPCF

✓ Source Privilege Protection

Both organizations operate as journalistic entities with full source protection privileges under press freedom laws

✓ Fiscal Sponsorship Model

Both organizations use El Paso Community Foundation as their fiscal sponsor, meaning EPCF:

  • Receives all grant money on their behalf
  • Controls disbursement of funds
  • Provides administrative oversight
  • Holds legal/financial responsibility

✓ Foundation Grant Funding

Both receive funding from major national foundations (MacArthur, Ford, Microsoft) rather than traditional advertising/subscription revenue

📊 CRITICAL FINDING: The organizational structure is not merely similar - it's identical. Both organizations claim transparency and editorial independence, but the structure itself matches the model discussed for obtaining legal protections and exemptions.
Follow the Money
INDIRECT CONNECTIONS

The Billionaire Philanthropy Network

While no direct Bill Gates Foundation funding to El Paso organizations was found, significant indirect connections exist through the same philanthropic ecosystem:

Bill Gates Foundation Media Funding ($319M+ documented)

NPR - $22 Million

KTEP El Paso is NPR affiliate and Puente partner

Solutions Journalism Network - $7M+

Gave grants to El Paso Matters; two NYT columnists work here without disclosing Gates funding

Gannett - Undisclosed Amount

Owns El Paso Times, a key Puente News Collaborative partner

Texas Tribune - Millions

For "education reform" coverage; Gates is major charter school proponent

The Guardian - $550K+

Editor Sarah Boseley avoids covering Gates due to funding relationship

BBC Media Action - $53M

International media training and content creation

MacArthur Foundation → El Paso (2025)

El Paso Matters - $750K

Direct grant for border journalism

Puente News Collaborative - $450K

Direct grant for binational reporting

EPCF Donor Fund - $2.2M

To establish fund for future journalism grants

EPCF Press Forward - $50K

To create local Press Forward chapter

Other Major Funders

  • Ford Foundation → El Paso Matters: $250,000 (2025)
  • Microsoft → Puente News Collaborative: Initial seed funding (2021-2023)
  • Levi Strauss Foundation → Puente: Recent grant for micro-grants
  • Facebook/Google → El Paso Matters: $5,000+ grants
Gates Foundation
MacArthur Foundation
Ford Foundation
Rockefeller Foundation
Microsoft
Meta/Facebook
Google
Critical Connection
CIRCULAR VALIDATION

The Rockefeller Foundation: Funding Both Sides

A pattern emerges when examining the Rockefeller Foundation's activities in El Paso:

100 Resilient Cities Program (2013-2019)

El Paso Selected: December 2013 (first cohort)

Program Budget: $164 million globally

Total Impact: $3.35 billion catalyzed for "resilience projects"

What They Funded in El Paso:

  • Chief Resilience Officer position (Rockefeller-funded)
  • HR&A Advisors for "agenda-setting workshops"
  • 95+ community engagement events (2015-2016)
  • El Paso Resilience Strategy (published February 2018)
  • Emphasis on "public-private partnerships" for housing
  • Focus on "innovative finance" mechanisms

⚠ The Problem: Circular Validation

Rockefeller Foundation also funds:

  • Vox's Future Perfect - Reporting project examining world through "effective altruism" lens
  • Multiple other media outlets covering urban development and housing
🔄 CIRCULAR VALIDATION PATTERN:

1. Foundation funds urban development program ("100 Resilient Cities")
2. Foundation funds media outlets covering urban development
3. Media reports on success/failure of programs funded by same foundation
4. Public gets "independent" media coverage of foundation-funded initiatives
Local Application
LOCAL CONFLICTS

El Paso Power Players: Who's Being Covered?

El Paso Matters covers local power brokers who are major political donors and developers:

Paul Foster

Net Worth: $1.7B+ (Western Refining sale: $5.8B)

Holdings: 13+ downtown properties, $75M in city incentives

Positions: Former UT System Regent Chairman, UTIMCO Chairman, WestStar Bank Board

Woody Hunt

Company: Hunt Companies, 30+ RAD developments ($1.3B program)

Positions: Former UT System Regent, UTIMCO Chairman, WestStar Bank Board

Political Donations: $5K to sheriff candidate, $2.5K to DA candidate (covered by El Paso Matters)

The Editorial Challenge

El Paso Matters has reported on:

  • Foster's downtown property acquisitions and tax incentives
  • Hunt's political campaign donations
  • The 100 Resilient Cities program and its impact
  • RAD housing developments and "workforce housing" claims
❓ KEY QUESTION: Can media funded by foundations that also fund urban development programs provide truly independent coverage of local developers and power brokers operating within those same programs?
Editorial Independence Concerns
RED FLAG INCIDENT

La Verdad Juárez Exits Partnership

Date: June 2024
Organization: La Verdad Juárez (Ciudad Juárez independent news outlet)
Partnership: Founding member of Puente News Collaborative (2021-2024)

Official Statement from La Verdad Juárez:

"The project was no longer in the hands of those of us who do journalism, of the partners who created and worked on the initiative since 2021."

Their Concern: After El Paso Community Foundation took over administration from Microsoft, La Verdad claimed:

  • They were not informed in advance of EPCF's takeover
  • EPCF was using the initiative's name for "a different journalistic project"
  • Editorial independence was compromised
  • Decision-making moved away from journalists to administrators

La Verdad stated: "We privilege our journalistic independence and editorial freedom above any other interest."

⚠ SIGNIFICANCE: A founding partner organization left specifically citing loss of editorial independence after EPCF took control. This is the same EPCF that now controls both major El Paso nonprofit news organizations and holds $2.2M for future journalism grants.
Return to Thesis
SYNTHESIS

The Complete Picture

What We Know:

1. DOJ Evidence: Communications discuss using NGO media structures to obtain legal protections ("umbrella exemption," "source privilege")

2. Structural Match: El Paso's nonprofit media organizations use the identical structure - 501(c)(3) status, fiscal sponsorship model, foundation funding, source protection

3. Concentration of Power: One foundation (EPCF) controls both major nonprofit news organizations through fiscal sponsorship while also managing development projects

4. Circular Validation: The same foundations (Rockefeller, etc.) fund both urban development programs AND media outlets covering those programs

5. Indirect Billionaire Funding: While no direct Gates funding found, significant indirect connections exist through Solutions Journalism Network, NPR, Gannett, and other Gates-funded media partners

6. Editorial Independence Red Flag: La Verdad Juárez left partnership citing loss of editorial independence after EPCF takeover

7. Local Coverage Conflicts: EPCF-funded media covers local power brokers (Foster, Hunt) who are major political donors and operate within same foundation-funded development programs

⚠️ Critical Questions Remaining:

  • Who sits on EPCF's board? Any connections to Foster, Hunt, or other developers?
  • How is the $2.2M MacArthur donor-advised fund administered?
  • What editorial controls, if any, does EPCF have over funded organizations?
  • Has El Paso Matters received funding from Foster or Hunt foundations?
  • How does foundation funding affect coverage decisions?

The structure is not evidence of wrongdoing.
But it is evidence of something that should be investigated.

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CASE REFERENCE: EP-MEDIA-2026-001

This investigative document compiles evidence from public records, DOJ releases,

foundation disclosures, and publicly available reporting.

Document compiled: February 3, 2026

Status: Active Investigation - Additional evidence gathering in progress

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