To: Jes Stale Erdoes, Mary E[
From: Jeffrey Epstein
Sent Sun 8/28/2011 10:45:11 AM
Subject: as of today„ no draft, - no financial proposal cutler / mary
Jeffrey Epstein to Jesshow details Feb 6
donor advised fimd. I. you could tie it initally just to the gates program„ miinimum gift.
100 million. it could then be opend up later. IT will be the largest foundation in the world. You
need an advisroy board for I, investments. 2. distributions. . you will need an amministration ,
mirroring a mutual fund. 4. tax compiancc dept. dedicated to the operation. IT will underpin a
trust and estate . dept , the size of which will be enormous, 5. I would suggest , an irs auditor fill
time on site. 6, as a DAF , you will be able to take in funky assets. ( sub s, closely held c's , Art, )
valuation services.. sale and mgmt of 144 stock,. done right its 100 billion dollars in 2 years.
thetension is making money from a Charitable Org. therefore the money making parts need to be
arms length . salaries are disclosable ,and closely watched . Farming the investments to a
highbridge is no brainer , but must be done with airtight opinions and reviewed by committees. I
thought of University Heads. Foundation Chairs,for the boarrds It will be the most sort after
board in the country.s
jul 17
You can call and introduce yourself„ and tell him that Bill wanted you personally and he to work
on the DAF. p.s. I understand that some low level jpm person in seattle, has been trying to pitch
them on this idea..
jul 27
GATES. you should tell dick that the first week or so in sept , we will provide him a full
presentation for a DAF the new legal restrictions , a silo based proposal that will get bill more
money for vaccines , a public rcaltions strategy, an Internet strategy, a proposed structure that
encompasses a to be populated list of advisory committess investmentcommitees , grant
comittes„ and a menu of structural choices to maximiaze flexibillity, We envision a multibillion
dollar fund fairly quickly, and will research the international implications , for bothe donors and
grants.
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