Re: gates DAF

for the meeting with Dick , we should have a complete presentation.. IT needs to address how it enhances current giving by GF . vaccines, maternal care„ These should be two of the donor silos. . IT should have a structure, that for example purposes only, has , the best investors in the role of advisors. ( we should decide whether being on the investment commmitee, automatially disqualifies an investment in ones particular fund , for example if LEon sat on the advisory board, should them be no apollo investments. ( legal issue as well as optical ).. JPM acts as fiduciary in every capacity„It should deal with hard to value assets.. appreciated real estate. , ( a real estate group, should be available ). valuation firms, trust and estate experts. . The web based, investor access to information , could set an example for simple user interface. click or touch an investment silo to retrieve all relevant data, in many forms. This will be very HIGH profile. I propose a minimum of 100 million donation . It will be the most exclusive of clubs, In addition , though membersip in the "club"could be known . the gifts can be given anonymously. This will fulfill the wishes of many that have spoken to bill about wanting to do things but not wanting the publicity. For example funding Gay, Aids, Jewish, orgs, that otherwise might bring unwanted attention to the giver by both the press and its competing groups. For example, If someone wants to give money to a program that in any way competes with their self or perceived image. Another school. , program etc. many have expressed reservations that giving publicily woudl send a complex message to those institutions that have already close relations with the donor.

Got it. We should fine a way to go through over next week or so when jes is back. Mary