Project Molecule (Jes Staley, Monica Issar, David Wezdenko, Janine Racanelli)¶
Involved in discussions relating to building a solution for potential —$40-$80BN of Gates’ funds, thought to be related to the Giving Pledge, either for both US and foreign donors, or strictly foreign donors
Worked with David Shevlin at Simpson Thatcher, Wezdenko, Jes, Janine and Monica) to discuss possible structures and implications of using support organizations (shelved v. new IRS determination letter), foreign private charitable foundations, etc. to meet a wide range of potential scenarios, including a desire for pooled investments, a desire to pool funds towards a single charitable purpose, a desire to separate donated funds and track individual gift performance, etc.
Advised on/helped Epstein execute various trades along with his tax accountant as to the tax characterization of foreign exchange trades and structured notes
JPMorgan exhibit listing representative 2011 transactions: a senior executive's team structuring potential billionaire donor charitable funds and advisers handling a financier client's trades.
Court Records: U.S. Virgin Islands v. JPMorgan Chase (S.D.N.Y. 1:22-cv-10904) · 2011
EXHIBIT 168 Tons 1H 2011 — Representative Transactions Project Molecule (Jes Staley, Monica Issar, David Wezdenko, Janine Racanelli) - Involved in discussions relating to building a solution for potential —\$40-\$80BN of Gates' funds, thought to be related to the Giving Pledge, either for both US and foreign donors, or strictly foreign donors - Worked with David Shevlin at Simpson Thatcher, Wezdenko, Jes, Janine and Monica) to discuss possible structures and implications of using support organizations (shelved v. new IRS determination letter), foreign private charitable foundations, etc. to me…
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