EFTA00096562¶
Interlochen Center for the Arts¶
Interlochen¶
February 9, 1994¶
Mr. Jeffrey Epstein J. Epstein and Company, Inc. The Villard House 457 Madison Avenue New York, NY 10022¶
Dear Jeffrey:¶
I have talked to you and Ghislaine on several occasions to say thank you. But, I wanted to express in writing my personal and professional gratitude for the very generous gift of $200,000 for a new scholarship lodge. It is truly an extraordinary gesture.¶
I thought an update would be appropriate at this time.¶
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The contract with Town and Country has been executed and they have scheduled construction of the lodge.
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We are waiting for the temperature to rise above 10-15 degrees so that we can move the existing buildings and set the foundation. (The June target date remains at this time.) Design and construction of the exterior walls is underway.
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You have approved the latest set of drawings with the basement entrance as indicated and approved the green roof which works for us as well.
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We are requesting furniture packages from local vendors that will be both aesthetic and functional for a rental lodge. When we receive the packages and corresponding quotes, we will send them on to Ghislaine for her comments and suggestions.
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We anticipate setting aside all lodge income in the 1994 Camp season and placing the net income in an endowment fund so that subsequent repairs, maintenance and furniture replacement are funded through the endowment. All succeeding income will be placed into the Jeffrey Epstein Scholarship
Interlochen Arts Academy Interlochen Arts Camp Interlochen Public Radio 88.7 FM /100.9 FM Address: Interlochen Center for the Arts P.O. Box 199 Interlochen, Michigan 49643-0199¶
HIGHLY CONFIDENTIAL¶
INT 000218¶
EFTA00096563¶
Mr. Jeffrey Epstein Page 2 February 9, 1994¶
Fund for deserving and talented students. When awards are made, Interlochen will notify you, with respect to the recipients. The recipient will also be asked to communicate with the donor. If you would like to met the students, we will help arrange a meeting on campus as well.¶
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At present we are calling the lodge the “Jeffrey E. Epstein Scholarship Lodge.” If you would like it named in another manner, please contact me with the appropriate name or wording.
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Under the charitable contribution act, you are permitted use of the lodge for two weeks each year, without any negative implications in respect to the full tax deductibility of your gift. Naturally, we would like you to visit the new lodge this summer. So that we might begin to book the lodge, I would ask you to consider what two weeks you would like reserved for your use. Perlman will be giving his concert on August 7, 1994. I have enclosed the appropriate tax code for your file.
We have much to discuss as we move towards completion, but I thought this might be helpful.¶
Jeffrey, we really appreciate all that you do for Interlochen. Somehow thank you seems inadequate for your continued commitment and generosity. We are most grateful.¶
Warmest regards,¶
Vice President¶
Institutional Advancement¶
Enclosure¶
HIGHLY CONFIDENTIAL¶
INT 000219¶