Derek H. Chollet
Under Secretary of Defense for Policy
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $2.1 M - $5.7 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (06/20/2023)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
The German Marshall Fund of the United States
Washington, District of Columbia
Executive Vice President
1/2021
2
University of Pennsylvania, Perry World House
Philadelphia, Pennsylvania
Visiting Fellow
1/2021
3
Kissinger Center for Global Affairs, Johns Hopkins SAIS
Washington, District of Columbia
Senior Fellow
1/2021
4
Beacon Global Strategies
Washington, District of Columbia
Advisor
1/2021
5
Columbia University, Saltzman Institute of War and Peace Studies
New York, New York
Senior Research Scholar
1/2021
6
Washington, District of Columbia
Agency Review Team Lead
1/2021
7
DHC Consulting LLC (inactive)
Washington, District of Columbia
sole proprietor
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
IRA/SEP - DA Davidson
1.1
American Funds Capital World Growth and Income Fnd A
$15,001 - $50,000
None (or less than $201)
1.2
American Funds EuroPacific Growth Fund A
$15,001 - $50,000
None (or less than $201)
1.3
American Funds The Growth Fund of America A
$15,001 - $50,000
None (or less than $201)
1.4
American Funds The Income Fund of America A
$15,001 - $50,000
None (or less than $201)
1.5
American SMALLCAP World Fund, Inc Class A Shares (SMCWX)
$15,001 - $50,000
None (or less than $201)
2
The German Marshall Fund of the US 401K
2.1
Principal LifeTime Hybrid 2035 Fund Class J Shares (PHJJX)
$250,001 - $500,000
None (or less than $201)
3
Book -- The Middle Way(Oxford University Press) (value not readily ascertainable) - Published 2021
Rent or Royalties
None (or less than $201)
4
Book -- The Long Game (PublicAffairs) (value not readily ascertainable) - published 2016
Rent or Royalties
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
The German Marshall Fund of the US
Washington, District of Columbia
I will continue to participate in this defined contribution plan. The plan sponsor has not and will not make further contributions after my separation in January 2021.
2/2015
2
Washington, District of Columbia
I will continue to participate in this defined contribution plan. The plan sponsor has not and will not make further contributions since my separation in January 2009.
2/2007

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
The German Marshall Fund of the US
Washington, District of Columbia
Executive Vice President
2
Philadelphia, Pennsylvania
Visiting Fellow

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Hostetter Strent LLC
Law firm partner distribution
2
RLVR IRA (DA DAVIDSON BROKERAGE)
2.1
Invesco Developing Markets CL Y
$15,001 - $50,000
None (or less than $201)
2.2
Blackrock Equity Dividend Instl CL
$15,001 - $50,000
None (or less than $201)
2.3
Buffalo Discovery Instl CL
$1,001 - $15,000
None (or less than $201)
2.4
American Funds EuroPacific Growth CL F2
$15,001 - $50,000
None (or less than $201)
2.5
Templeton Instl Foreign Smaller Companies Advisor CL
$1,001 - $15,000
None (or less than $201)
2.6
Fidelity Series Total Market Index Fund (FCFMX)
$50,001 - $100,000
None (or less than $201)
2.7
Fidelity Small Cap Index Fund (FSSNX)
$15,001 - $50,000
None (or less than $201)
2.8
Fidelity Mid Cap Index Fund (FSMDX)
$15,001 - $50,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
US Bank #1 (cash)
$15,001 - $50,000
Interest
$201 - $1,000
2
US Bank #2 (cash)
$100,001 - $250,000
Interest
$1,001 - $2,500
3
LCH 529 - Virginia
3.1
American Funds Capital World Growth and Income 529A (CWIAX)
$50,001 - $100,000
None (or less than $201)
3.2
American Funds Europacific Growth Fund 529A (CEUAX)
$15,001 - $50,000
None (or less than $201)
3.3
American Funds The Growth Fund of America 529A (CGFAX)
$50,001 - $100,000
None (or less than $201)
3.4
American Funds New World Fund 529A (CNWAX)
$15,001 - $50,000
None (or less than $201)
3.5
American Funds SMALLCAP World Fund 529A (CSPAX)
$50,001 - $100,000
None (or less than $201)
3.6
American Funds Washington Mutual Investors Fund 529A (CWMAX)
$50,001 - $100,000
None (or less than $201)
4
ACH 529 - Virginia

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
PennyMac
$250,001 - $500,000
2020
30 years
2
Next Mark Credit Union
$100,001 - $250,000
2020
20 years
3
Family Trust
$15,001 - $50,000
2012
30 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
4
1
Final Paycheck was January 2021
4
2
Final Paycheck was in January 2021
6
5.19
This reflects a one-time loan made by the trust to me in 2012 (for a downpayment on our house). The principal balance and any accrued interest will be due and payable on the 20th day of May 2042 (“maturity date") or the death of Derek Hall Chollet's mother, whichever occurs first.
6
16
THIS ACCOUNT IS FROM MY FATHER, RAYMOND CHOLLET, FOR MY DAUGHTER.
8
3
This is loan made in 2012 from the Family Trust. The principal balance and any accrued interest will be due and payable on the 20th day of May 2042 (“maturity date”) or the death of Derek Hall Chollet’s mother, whichever occurs first.”

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