Arati Prabhakar
Assiatnt to the President and Director of OSTP
Observations
- Millionaire
Estimated Net Worth
- $7.4 M - $24.4 M
Salary
- Unknown
Employment
- Started 09/22/2022
Financial Disclosure Details - OGE Form 278e (05/05/2023)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Actuate Innovation, Inc. | Palo Alto, California | President, CEO, and Member of the Board of Directors | 9/2022 |
2 | Palo Alto, California | Trustee | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Actuate Innovation, Inc. | Salary | $144,373 | |
2 | Traditional IRA | |||
2.1 | DFA Emerging Markets Sustainability Core 1 Portfolio Institutional Class Sh (DESIX) | $100,001 - $250,000 | None (or less than $201) | |
2.2 | International Sustainability Core 1 Portfolio (DFSPX) | $500,001 - $1,000,000 | None (or less than $201) | |
2.3 | DFA U.S. Sustainability Targeted Value Portfolio Institutional Class (DAABX) | $100,001 - $250,000 | None (or less than $201) | |
2.4 | US Sustainability Core 1 Portfolio Institutional Class Shares (DFSIX) | $15,001 - $50,000 | None (or less than $201) | |
2.5 | U.S. brokerage account (cash) | $15,001 - $50,000 | None (or less than $201) | |
2.6 | GMO Resources Fund (GEACX) | $250,001 - $500,000 | None (or less than $201) | |
2.7 | DFA Global Sustainability Fixed Income (DGSFX) | $50,001 - $100,000 | None (or less than $201) | |
3 | Roth IRA |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Actuate Innovation, Inc. | Palo Alto, California | I continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | 3/2022 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
Nothing reported in this section | |||
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Simplified Employee Pension | |||
1.1 | Dimensional Short-Duration Fixed Income ETF (DFSD) | $50,001 - $100,000 | None (or less than $201) | |
1.2 | DFA Global Sustainability Fixed Income (DGSFX) | $50,001 - $100,000 | None (or less than $201) | |
2 | Inherited IRA | Cash Distribution | $3,000 | |
2.1 | Dimensional Short-Duration Fixed Income ETF (DFSD) | $15,001 - $50,000 | None (or less than $201) | |
2.2 | U.S. brokerage account (cash) | $1,001 - $15,000 | None (or less than $201) | |
3 | Stanford University | Contract fee | ||
4 | Technology Policy International, LLC (technology policy consulting) | Consulting fee |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Nevada 529 College Savings 1 | |||
1.1 | Vanguard Commencement Portfolio | $1,001 - $15,000 | None (or less than $201) | |
2 | Nevada 529 College Savings 2 | |||
2.1 | Vanguard Commencement Portfolio | $15,001 - $50,000 | None (or less than $201) | |
3 | Family Trust #1 | |||
3.1 | DFAEmerging Markets Sustainability Core 1 Portfolio Institutionl Class Sh (DESIX) | $50,001 - $100,000 | $1,001 - $2,500 | |
3.2 | US Sustainability Core 1 Portfolio Institutional Class Shares (DFSIX) | $500,001 - $1,000,000 | $5,001 - $15,000 | |
3.3 | Dimensional Short-Duration Fixed Income ETF | $15,001 - $50,000 | $201 - $1,000 | |
3.4 | U.S. brokerage account (cash) | $1,001 - $15,000 | None (or less than $201) | |
3.5 | PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) | $15,001 - $50,000 | $201 - $1,000 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
1 | PIMCO Gurtin California Municipal Opportunistic Value Fund Institutional Class Shares (GCMFX) | Sale | 09/26/2022 | $15,001 - $50,000 |
2 | PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) | Purchase | 10/24/2022 | $15,001 - $50,000 |
3 | MetWest Total Return Bond Fund Class I Shares (MWTIX) | Sale | 10/24/2022 | $50,001 - $100,000 |
4 | Matthews Asia Total Return Bond Fund Institutional Class Shares (MINCX) | Sale | 10/24/2022 | $50,001 - $100,000 |
5 | International Sustainability Core 1 Portfolio (DFSPX) | Sale | 10/24/2022 | $100,001 - $250,000 |
6 | DFA US Small Sustainability (DAABX) | Purchase | 10/24/2022 | $50,001 - $100,000 |
7 | GMO Resources Fund Class I (GEACX) | Purchase | 10/24/2022 | $50,001 - $100,000 |
8 | DFAGlobal Sustainability Fixed Income Portfolio Instl Class Share (DGSFX) | Purchase | 10/24/2022 | $50,001 - $100,000 |
9 | Inari Medical Inc. Common Stock (NARI) | Sale | 06/03/2022 | $100,001 - $250,000 |
10 | Airbnb Inc. Class A Common Stock (ABNB) | Sale | 06/03/2022 | $1,001 - $15,000 |
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
Nothing reported in this section | ||||
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
2 | 1 | I stopped drawing salary on 9/22/2022. |
5 | 4 | My spouse was a member of this LLC. Pursuant to the terms of my Ethics Agreement, he terminated his membership in this LLC on October 3, 2022, but may continue to serve as an occasional consultant. |
6 | 4.9 | The value range reflects the total value of the rental property of which 1/3 is owned by Family Trust #2. The income amount reflects the income received by the trust. |
7 | 38 | Autogrid was acquired by Schneider Electric. My shares converted to cash. |
7 | 39 | In compliance with my Ethics Agreement, I divested my interests in this asset by gifting it on 9/30/2022; there was no sale. |
7 | 40 | In compliance with my Ethics Agreement, I divested my interests in this asset by gifting it on 9/30/2022; there was no sale. |
7 | 41 | In compliance with my Ethics Agreement, I divested my interests in this asset by gifting it on 9/30/2022; there was no sale. |
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