Karl Schultz
Commandant, U.S. Coast Guard (Departed Administration)
Estimated Net Worth
  • estimated net worth
    Unknown
Salary
  • salary
    Unknown
Employment
  • Departed 08/01/2022
Departed Administration
  • Yes

Financial Disclosure Details - OGE Form 278 Termination (08/15/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Arlington, Virginia
Chairman, CGMA Board of Control
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
Nothing reported in this section

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
Nothing reported in this section

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
Nothing reported in this section

Other Assets and Income

#
Description
Value
Type
Amount
1
USAA Cornerstone Moderately Aggressive Mutual Fund IRA (USCRX)
$100,001 - $250,000
$5,001 - $15,000
2
USAA Cornerstone Moderately Aggressive Mutual Fund IRA (USCRX)
$100,001 - $250,000
$5,001 - $15,000
3
USAA Cornerstone Moderately Agressive Mutual Fund (USCRX)
$15,001 - $50,000
$201 - $1,000
4
USAA First Start Growth Fund Coverdell Education (UFSGX)
$1,001 - $15,000
None (or less than $201)
5
USAA First Start Growth Fund Coverdell Education (UFSGX)
$1,001 - $15,000
$201 - $1,000
6
USAA First Start Growth Fund Coverdell Education (UFSGX)
$1,001 - $15,000
$201 - $1,000
7
NFCU, Coverdell Education Savings Account
$1,001 - $15,000
None (or less than $201)
8
NFCU, Coverdell Education Savings Account
$1,001 - $15,000
None (or less than $201)
9
NFCU, Coverdell Education Savings Account
$1,001 - $15,000
None (or less than $201)
10
Residential Rental Property, Weston, Florida
$250,001 - $500,000
$15,001 - $50,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Department of Education, Direct Plus Loan
$10,001 - $15,000
2012
Graduation
2
Department of Education, Direct Plus Loan
$10,001 - $15,000
2013
Graduation
3
Department of Education, Direct Plus Loan
$15,001 - $50,000
2014
Graduation
4
Department of Education, Direct Plus Loan
$10,001 - $15,000
2014
Graduation
5
Department of Education, Direct Plus Loan
$15,001 - $50,000
2019
Graduation
6
Navy Federal Credit Union Mortgage on Rental Property, Weston Florida
$250,001 - $500,000
2020
15
7
Department of Education, Direct Plus Loan
$15,001 - $50,000
2019
Graduation

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
1
George C. Marshall Foundation
Arlington, Virginia
Attendance at dinner honoring former fellow Service Chief: Chief of Staff of USAF, Gen. David Goldfein with Andrew J. Goodpaster Award on 12/8/2021 (spouse included).
$600.00
2
Armed Forces Communication and Electronics Association (AFCEA)
Washington, District of Columbia
Attendance at AFCEA Winter Gala at National Building Museum on 12/9/2021 (spouse included).
$860.00

Endnotes

Section
#
Description
1
1
The Board of Control is the governing body of Coast Guard Mutual Assistance (CGMA). CGMA is a military welfare society and the Commandant's participation as the Chairman of the Board of Control is authorized pursuant to 10 U.S.C. 1033.

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