EFTA01754913.pdf

From: Joi Ito Sent: Monday, July 22, 2013 11:31 AM To: Epstein Jeffrey Subject: Fwd: earnings to the foundation Begin forwarded message: From: Mitchell Baker O> Subject: =/b>Re: earnings to the =oundation Date: July 22, 2013 07:22:14 -0400 To: Joi Ito =br> Both. The public charity status has been a limit. Also, =tarting this year we'll be spending everything we make -- getting a =obile OS into market is very expensive. So if we could move more =oney to the Fdn we'd have the discussion - - where's the greatest =everage? best to spend money for webmaker or firefox =S? thanks for thinking of all this. mitchell On =122/13 12:55 PM, Joi Ito wrote: One =uestion I had in the context of thinking about the L3C is why the corp =oesn't pay out more to the Foundation. Is the limit there because of =he requirement to preserve the public charity status of the foundation =r is it more about the corp board wanting to keep more control of the =ash? - =oi Please use my alternative address, to avoid email =uto responder EFTA_R1_00055471 EFTA01754913