To: Joi Ito From: Jeffrey Epstein Sent Mon 7/22/2013 11:39:47 AM Subject: Re: earnings to the foundation great, as the next two years will show no corporate profit, good time to restructure, not urgent. On Mon, Jul 22, 2013 at 7:30 AM, Joi Ito < > wrote: Begin forwarded message: From: Mitchell Baker < Subject: Re: earnings Date: July 22, 2013 07:22:14 -0400 To: Joi Ito a Both. The public charity status has been a limit. Also, starting this year we'll be spending everything we make -- getting a mobile OS into market is very expensive. So if we could move more money to the Fdn we'd have the discussion -- where's the greatest leverage? best to spend money for webmaker or firefox OS? thanks for thinking of all this. mitchell On 7/22/13 12:55 PM, Joi Ito wrote: One question I had in the context of thinking about the L3C is why the corp doesn't pay out more to the Foundation. Is the limit there because of the requirement to preserve the public charity status of the foundation or is it more about the corp board wanting to keep more control of the cash? - Joi Please use my alternative address, a avoid email auto responder *********************************************************** The information comained in this communication is EFTA_R1_00440811 EFTA01964198 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@amail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00440812 EFTA01964199