FW: Ueltschi Estate - Charitable Bequests
I don't know if we will ever do anything with Jim but I agree with him on one issue.
If he has over $400M in the foundation and he is willing to devote some high percentage to global heath causes we give him choices of then there should be a way to do it without there being an NPT involved — or any yearly fee against the assets. We would have to figure out how to charge him for the overhead of managing the money but beyond that there should only be a foundation or a trust.
An idea I am getting some enthusiasm for is defining some giving opportunity areas like mass drug administration or reproductive health and letting people give to those. This fits into the DAF ideas Jeffrey Epstein has continued to talk about.
Please keep this confidential.
Bill is now referring to you and DAF.
Something will start happening in January or February.
B
From: Bill Gates Sent: Saturday, December 21, 2013 5:37 PM To: Connie Collingsworth; Boris Nikolic Cc: Connie Collingsworth; Larry Cohen; Richard Henriques Subject: RE: Ueltschi Estate - Charitable Bequests
I don't know if we will ever do anything with Jim but I agree with him on one issue.
If he has over $400M in the foundation and he is willing to devote some high percentage to global heath causes we give him choices of then there should be a way to do it without there being an NPT involved — or any yearly fee against the assets. We would have to figure out how to charge him for the overhead of managing the money but beyond that there should only be a foundation or a trust.
An idea I am getting some enthusiasm for is defining some giving opportunity areas like mass drug administration or reproductive health and letting people give to those. This fits into the DAF ideas Jeffrey Epstein has continued to talk about.