To: Jeffrey Epstein 'emracation mail.comj Cc: Boris Nikolic ; Larry Coheir From: Bill Gates Sent Sun 1/5/2014 6:08:09 PM Subject RE: mark had no better place The Community Foundation is just like a DAF for Mark — he gets the tax benefit now in a more generous form and he is not subject to 5% minimum giving and he still controls the funds. It is smart for him to use this vehicle. I guess there are some minimums if you use this structure — I should understand that better. They key thing we are talking about as I understand it is an easy way for people to give to high impact causes where we structure things for them. This is becoming clearer to me. We would have about 4 poor world health things, 1 poor world agriculture thing and 2 US education things that people could direct money to. If they commit in advance to give some minimum amounts to these things then they get our commitment to manage the funds. I am unclear of we are the actual DAF or we let them pick a DAF and just enter into a collaboration agreement. From: Jeffrey Epstein [[email protected]] Sent: Wednesday, January 1, 2014 3:07 AM To: Bill Gates; Boris Nikolic Subject: mark had no better place http://www.washinatonpost.com/national/a-look-at-the-top-10-charitable-gifts-of- 2013/2014/01/01/8561)01c-72d0-11c3-bc6b-712d770c3715_story.html 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00397658 EFTA01939801