Dear CFO Art Madoff and Director of Public Safety, Gerald Ham,

I hope this note finds you and your families well. Cheryl Tina Faye and I continue to social distance and remote administer Willard College from our beach home in Costa del Tuyu. There have been some questions recently about whether all of the college facilities are at present fully insured. Are they? Are there any caveats in terms of coverage, especially concerning fire damage? How does the insurance company determine the point where a building is not salvageable and the College would receive the insurance payout? Are any of the buildings not on automatic sprinklers?

I’m just asking because it seems like during a crisis some of these basic questions might not get asked.

Please DELETE THIS EMAIL AND BURN THE SERVER ON WHICH IT WAS RECEIVED AND READ.

Pres. Cotton