From: Jeffrey Epstein <jeevacation@gmail.com>
To: Bill Gates
Subject: Re: Re:
Date: Mon, 24 Mar 2014 16:23:38 +0000
there is both the amounts and the timing, ex , Im 80, and will give 20 percent of my daf as i see fit, and upon
my death , you decide which silos maybe from a general silo feeder fund, or I can choose from a menu of silos
and in addition can decide whether it should be anonymous or have my name on the gift. I have time over the
weekend to discuss if you like
On Mon, Mar 24, 2014 at 9:55 AM, Bill Gates c > wrote:
Your idea of getting donor input on what silos we should add is a good one.
We can tell them we are open minded to adding a few and find out from them what they think is missing.
This part of the discussion goes along with the piece where we are telling them how much giving needs to go to the
silos.
Let's take a case where someone puts $1B into their DAF. If they had put that into a foundation they would be paying
out $50M per year.
If 70% of their giving was going to the silos it would be $35M per year.
In return for us letting them use the silos do we ask that they pay into them at least $100M in the first five years?
We don't want to have no requirement at all. The requirement could be total giving with a minimum percent for the
silos or it could just be an amount that needs to go to the silos.
From: Jeffrey Epstein [mailto:jeevacation@gmail.com
Sent: Monday, March 24, 2014 5:48 AM
To: Bill Gates
Subject: Re:
couldn't agree more. no agressive strategies, would be vastly counterproductive. I would wait on creating
new silos until you had input from a donor group, so they feel part of the decision process. just setting it up
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appropriately so that you can accept bequests on death ( without bells and whistles ) would be a huge benefit
to both .
On Sun, Mar 23, 2014 at 6:29 PM, Bill Gates c > wrote:
It was a good discussion.
We have a meeting where they recommend how things should work on 4/29 which is right after I come back from 2
weeks of Spring break.
They are looking at how to structure things. Ideally we wouldn't get involved in a deep way in the tax related issues —
even aggressive positions being taking on valuation.
We are basically promising that the silos will be well run. We discussed that we might add a few silos in areas we
don't work in like Cancer research or International Education where we would pick someone else and make sure they
do a super job. That way the big thematic areas (not religion or culture) that help with equity would mostly be
covered.
From: Jeffrey Epstein [mailto:jeevacation@gmail.com
Sent: Saturday, March 22, 2014 6:30 PM
To: Bill Gates; Larry Cohen
Subject:
how did the enriques / connie meeting go?
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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
Jeffrey Epstein
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,
including all attachments. copyright -all rights reserved
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
Jeffrey Epstein
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,
including all attachments. copyright -all rights reserved
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