Tobacco Documents Online

May 24, 1979 A~ look" option an [ne end of ~ne second yeal. By that 51me we ~ ~¢ould have Zol%trlbuhed S2C0 O00 in cndow~Lcnt ~nd up no $250,000 if neede~ in operanlng oosns during tbe first year. and $2OG,O00 in endowment and up nc $IC0 000 if needed in operating costs Dr. Theodore Cooper Dean Cornel] Unlversl%y Medical :oll~ge |300 York AvenL]e at S9th Sireet • "; New York. NY 1O021 %, Dear Dr. Cooper: I very much enloy~d ~tl[ m~etlng ~r Monddy and was intrigued uy un~ p~o~osal for t]]@ dev~]u~tl~c~u ~u the M~dlcal Coll~4e of program concerned with epidemlol0gy and public health 91an- nln~. AS I understand i~, =his ~rogra~ ~lgnK c~gage i~ studies for both governmenn and LBdustry. I= would study ~v~ry-aay ife s~regses an~ health c~cerns ann the risk/benefit ratlo of various ~lnds of policy ~eClSlO~ regularly made by prlva~e industry and ~overnmenn. ] ~pplaud your dcs~c no annracn the fina*]cial suppor~ faceLs of t~e econcmy, such as tDe food Industry, for thlS In our discussion you suggested you woul6 be pleased if Brown Williamson would make a grann which yo~ could use as seed mon@y for tn~ purpos~ of d~v~lcpxng a platform f~om which you coFld p~oceed ~o enlist the ald of other industrial ~ve~s ~or thi~ purpose. I told you Blown ~ Will~l[=~n would be lntel~sted in naking a $],000~000 endowment grant for ~ne ~eneral purposes %~e talked about, to De contributed in five equal annual installments. In addltioD if it oeco~es necessary we would De willing Eo fund ~'~ £he operating costs of the laboratory up to 9250,000 in the first year and up Eo $19[ .003 for each Df the remaln_ng four years W~ b~gpo, however, fl]at i[ts a~d il]c~l]]e ~ otber soLrcos will be sought and receive6 whlcb wlll enable the Medical College to rub ~epg~o ra~ WIK~OU~• c~lil~q no ~l~e full ex£e~ on the ~ore- #,~/,;. going offer to cover some 9peracinq cost~. AS I exp~ained~ I ~I think it appxupriaLe that 9£uwI~ & l¢illi~msun h~v~ ~ second ~,['~

e seco ~ year. At the end of the second year Hrown & ~ Williamson would have the absolute discretion to withdraw its ~,," ~C support, with the understanding that if it did so, it would ~, make One final craat of an addltional $10O,O00 as "wind dowh" " money to reduce the i~pach of the t~rmination of the program. Ernesu Pepp!es /it k.