From: "jeffrey E." <jeevacation@gmail.com>
To: Bill Gates
Subject: Re:
Date: Fri, 12 Dec 2014 11:04:12 +0000
as usual everyone liked you alot . each surprised by how knowledgeable you were about many various
subjects. however not one of them understood what the Daf idea meant to you . what they heard was that ,you
would " let " them contribute to things like very special diseases( small worms or such ) that never gets funding
and or if they like they could give a portion of their money to women's health issue, but no more than 60 percent
of their giving. ????-- and that's it. !!! sorry
my suggestions
I. The idea first and foremost is about SHARING. . Sharing your experience , your judgement, your values
your ideas. That requires asking THEM questions. ie " what are you interested in? how many kids do you
have? what do you think? etc. This is what we are thinking of doing that is GOOD FOR YOU and us. ( not
merely good for women , Africans. uneducated kids etc. toilets..) here is how it might work, here is how it
might be beneficial to you now, and for your estate. here is how you can magnify you current impact in things
that matter for- YOU.! I ,Bill Gates will be your partner/ your friend your colleague in the giving arena. . we
can do things together !. You can save taxes. ( I , or someone else ( lawyer ) can do that part , I believe with
more credibility than you in this area ) . We can PARTNER, enjoy the process. etc do good. do better . etc.
conversations re philanthropy , without results are just more conversation.s. . yes they all want to have a hand in
where their money goes. of course. they worked hard for it. but properly structured and presented , the DAF
provides more benefits than burdens. in every arena. and a DAF with you is the pinnacle of their giving lives.
The example you gavethe group of the past was only one in which friends on who you personally called gave
YOU 100 million each for YOUR polio program. not what these guys would do even after being water
boarded.
I suggest we have another meeting. Let me run it. moderate it. etc. or if you prefer I m happy to have someone
else in my place, but that person has to present a structure, explain it. ask questions of everyone. .
1
Ron Baron wanted to know how to attack his own problem. could i suggest trusts what types, how should he
think about leaving it to his kidsl how much, etc the usual. kid questions that each person would celebrate to
be able to discuss with you. I told him I have no time for any new clients. He and his many similarly situated
friends are also of the age group that need answers NOW. 1
AT a minimum a " this is how it would work " should be presented. Even I was not sure where the number"
60 percent of your giving ", came from.
you are one of the very few people that can think in this area. The leverage is as great as increasing govt
spending , as it could be in areas that govt and with structures that govt couldn't/wouldn't delve. At the
breakfast you mentioned pri's . but few people even know about the idea. 4-6 people partnering , could be the
way to go. but I think as you are seen to be the expert in the field. A product should be presented in beta form.
but I believe having partners too early in the design process , will greatly increase the odds that it is stillborn.
It should be the solution to THEIR problems , but first their problems have to be aired.
Many interesting people visiting the island over holidays. of course you and your family are welcome . eva ,
kathy ruemmler. women that Melinda might take comfort with.
On Thu, Dec 11, 2014 at 4:29 PM, Bill Gates c > wrote:
EFTA01003196
I enjoyed the breakfast a lot.
All of the attendees were interesting people.
We managed to talk about philanthropy enough to get their reaction without putting them on the spot too much.
It is pretty clear to me that someone young like Josh wants he and his family to have a more hands on approach than
delegating 60% of giving to a set of causes we manage.
I had less of a sense of how Ron thinks about his giving. He might be a candidate for the large DAF approach where the
Foundation helps with some of the giving.
Reid is always fascinating to talk to. He is also young enough and managing his work without extreme hours so he will
want to be more hands on.
So I think the breakfast was a success in terms of relationships I value and will continue to spend time on.
In terms or the DAF I don't think we have any people at this point who will move to do something soon.
It is a good idea but it won't come together with 4-6 partners anytime soon.
From: jeffrey E. [ma ilto:jeevacation@gma .coni]
Sent: Monday, December 8, 2014 3:03 PM
To: Bill Gates
Subject:
feedback?
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please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
JEE
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to jeevacation@gmail.com, and
destroy this communication and all copies thereof,
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