The Foundation — community-owned venue

The Foundation is the strongest primary-source-anchored entry in the timeline. The Texas First Bank verification letters reproduced above — signed by an Assistant Vice President of the bank — document just over two million dollars in cumulative deposits between March 2013 and June 2018 through S4TF, LTD, with average annual deposits in the high three hundreds. That is not a forecast. It is the bank’s own ledger, in writing, on letterhead, at five separate dates over a three-year window.

Around that financial spine, the Foundation Project Prezi sets out an architecture that has only recently arrived in mainstream public markets. The flagship was sited in El Paso, TX, operated through 9th Ward Production and Promotions Company, LLC, and structured around three constituents: one hundred international independent artists, one hundred currently-relevant major celebrities, and the City of El Paso itself. The deck describes a venue that was also a place — but not like any other place — combining a private V.I.P. members’ establishment, a stage and showroom, and a strategic logistics footprint.

The ownership architecture is what places the Foundation ahead of the present mainstream. In the conventional metro-venue strategy laid out in the deck, residents fund construction through property and sales taxes and then pay again at the gate to access limited occupancy; the sponsor and the operating consortium take the lion’s share. The Foundation inverted that. The artist-celebrity collective owned fifty percent of the venture as equal partner with 9th Ward Production and Promotions Company, LLC, and shared in profits and control. Access to the venue itself was owned by V.I.P. members, who in turn sold seating and access to the public — including non-stage attractions designed to drive traffic and revenue without requiring the artist to perform. Serialized fractional tokens — the Foundation Coin, mint code EP-FLAG-999, serial 0001 — were issued against that ownership.

Venu Holding Corporation (NYSE: VENU) IPO’d in 2024 and in June 2025 launched a Reg A+ Preferred Offering that opened fractional fan-investor ownership to public capital markets. That is the closest mainstream equivalent. The Foundation predates it by roughly seven years and is structurally more comprehensive: ownership extends across both artists and the public, not only high-net-worth investors with access to private placements.

A second, independent artifact already lives in the public record. Go Local Magazine, Volume I, Edition 2 (April 2011), in its recurring The Power House feature, profiles the property at 100 Carnarvon Drive, Houston in detail — a 36,000-square-foot residence built by Lee Calloway, originally specified at approximately $1,500 per square foot, with a ten-karat gold-leaf ceiling and roughly nine million dollars in antiquities — and identifies it explicitly as the headquarters of Power In Numbers Economic Development Initiative. That places the operating address of the Foundation in print, six years before the structured deposit history began, under the same imprint that publishes the magazine. The full reproduction is embedded on the Go Local entry.

The full essay treatment, What VENU Brought to Public Markets in 2024 PIN Tested in El Paso in 2017, is the lead piece in the Predictive Track Record series.