Frank Kendall
Secretary of the Air Force
Observations
- Millionaire
Estimated Net Worth
- $4.1 M - $9.0 M
Salary
- Unknown
Employment
- Started 07/26/2021
Financial Disclosure Details - OGE Form 278e (08/09/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Reston, Virginia | Member, Board of Directors | 7/2021 | |
2 | Crystal City, Virginia | Member, Board of Directors | 7/2021 | |
3 | Cincinnati, Ohio | Member, Board of Directors | 7/2021 | |
4 | Minneapolis, Minnesota | Member, Board of Directors | 7/2021 | |
5 | Washington, District of Columbia | Member, Board of Directors | 7/2021 | |
6 | Washington, District of Columbia | Member. Board of Directors | 7/2021 | |
7 | Falls Church, Virginia | Consultant | 7/2021 | |
8 | Andover, Massachusetts | Consultant | 7/2021 | |
9 | Colorado Springs, Colorado | Consultant | 7/2021 | |
10 | Ashburn, Virginia | Employee | 7/2021 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Northrop Grumman | Consulting Fees | $300,000 | |
2 | Mercury Systems | Consulting Fees | $20,000 | |
3 | Leidos, Inc. | |||
3.1 | Leidos Inc. (Directors fees) | Directors Fees | $1,700,000 | |
4 | Leonardo Electronics USA | Director's fees | $20,000 | |
5 | MBO Partners | Hourly rate - part time employee | $20,000 | |
6 | SEP IRA | |||
6.1 | US Bank Account Money Market account (cash) | $100,001 - $250,000 | None (or less than $201) | |
6.2 | American Funds Fundamental ANCFX | $250,001 - $500,000 | $1,001 - $2,500 | |
6.3 | American Funds New Perspective | $100,001 - $250,000 | $201 - $1,000 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Reston, Virginia | Pursuant to the terms of my Board of Directors agreement with the company, I forfeited those interests that had not vested prior to my confirmation and received my cash distribution as income as contained in Part 2 of this report upon my resignation. | 7/2017 | |
2 | Falls Church, Virginia | My consulting agreement ended prior to my confirmation. I noted my annual income in Part 2. | 7/2019 | |
3 | Andover, Massachusetts | My consulting agreement ended prior to my confirmation. I noted my annual income in Part 2. | 7/2020 |
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 | Hogan Lovells (Law firm - partnership) | salary, bonus | ||
2 | Hogan Lovells US LLP Retirement Savings Plan | |||
2.1 | Fidelity Growth Co- FGCKX | $250,001 - $500,000 | $201 - $1,000 | |
2.2 | Fidelity Low Priced Stock FLPKX | $500,001 - $1,000,000 | None (or less than $201) | |
2.3 | BTC Lifepath Retirement | $15,001 - $50,000 | $201 - $1,000 | |
2.4 | Fidelity Government Money Market Fund (SPAXX) | $1,001 - $15,000 | None (or less than $201) | |
2.5 | International Equity Fund TDQP | $50,001 - $100,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Brookfield Asset Management BAM | $100,001 - $250,000 | Dividends Capital Gains | $201 - $1,000 |
2 | Columbia Dividend Income Fund LBSAX | $250,001 - $500,000 | $1,001 - $2,500 | |
3 | US Brokerage money market account(cash) | $250,001 - $500,000 | Interest | $201 - $1,000 |
4 | US Brokerage money market account(cash) | $100,001 - $250,000 | Interest | $201 - $1,000 |
5 | Schwab US TIPS ETF (SCHP) | $100,001 - $250,000 | $1,001 - $2,500 | |
6 | University of VA Bond Ser ABE/R | $50,001 - $100,000 | Interest | $1,001 - $2,500 |
7 | US Brokerage money market account(cash) | $1,001 - $15,000 | None (or less than $201) | |
8 | Vanguard S&P 500 ETF VOO | $15,001 - $50,000 | $1,001 - $2,500 | |
9 | US Brokerage money market account (cash) | $1,001 - $15,000 | None (or less than $201) | |
10 | US Brokerage money market account(cash) | $50,001 - $100,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
1 | Leidos Holdings, Inc. (LDOS) | Sale | 09/30/2021 | $100,001 - $250,000 |
2 | Leidos Holdings, Inc. (LDOS) | Sale | 09/30/2021 | $15,001 - $50,000 |
3 | Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) | Sale | 09/30/2021 | $100,001 - $250,000 |
4 | Leidos Holdings, Inc. (LDOS) | Sale | 10/15/2021 | $100,001 - $250,000 |
5 | Leidos Holdings, Inc. (LDOS) | Sale | 10/15/2021 | $100,001 - $250,000 |
6 | Leidos Holdings, Inc. (LDOS) | Sale | 09/30/2021 | $1,001 - $15,000 |
7 | Leidos Holdings, Inc. (LDOS) | Sale | 09/30/2021 | $1,001 - $15,000 |
8 | Leidos Holdings, Inc. (LDOS) | Sale | 10/15/2021 | $50,001 - $100,000 |
9 | Leidos Holdings, Inc. (LDOS) | Sale | 09/30/2021 | $1,001 - $15,000 |
10 | Leidos Holdings, Inc. (LDOS) | Sale | 09/30/2021 | $15,001 - $50,000 |
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Republic Bank | $250,001 - $500,000 | 2016 | 15 years |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
Nothing reported in this section | ||
Do you have information about Frank Kendall that is missing from this database?
Drop us a line at info@insidebidensbasement.org.