To: jeeyacationftmail.com[jeeyacation©gmail.corn]; Jeffrey Epsteinbeevacation©gmaii.corn] From: Joi Ito Sent Mon 7/22/2013 11:14:03 AM Subject: Re: L3C Yup. On Jul 22, 2013, at 07:10 , Jeffrey Epstein leevaeation@gmail,com> wrote: lets keep it between you and I On Mon, Jul 22, 2013 at 6:57 AM, Joi Ito wrote: The founder/head of Mozilla Corp., Mitchell Baker, says that she's interested in exploring. I'm asking about why the contribution is small. I wonder if it would be easier to add the her to this thread... Or maybe it's better if she doesn't know who is working on this with me. ;-) - Joi On Jul 21, 2013, at 10:38 , Jeffrey Epstein leevaeation(aagmail.com> wrote: I have started reading re structure on line / what happens to the after tax proceeds of the corp. why doesn't it contribute to the foundation, Broad terms each requiring details On Sun, Jul 21, 2013 at 10:35 AM, Joi Ito Ma wrote: The Corp. is incorporated and the only shareholder is the foundation which is a 501(c)3. Let me talk to the CEO and ask her if she wants my opinion on this. ;-) - Joi On Jul 21, 2013, at 10:22 , Jeffrey Epstein leevacationegmail.com> wrote: ok, lets play where are they both incorporated, shareholders. ? if you paid no corporate tax , where would the 50 million go? On Sun, Jul 21, 2013 at 10:14 AM, Joi Ito wrote: Got it. One question would be whether the L3C would be useful for the Mozilla Foundation which owns EFTA_Ri _02206592 EFTA02721999