Mark Gitenstein
U.S. Representative to European Union
Observations
  • Millionaire
  • Lobbyist
Estimated Net Worth
  • estimated net worth
    $5.7 M - $13.6 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (03/26/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Washington, District of Columbia
Senior Counsel
Present
2
Washington, District of Columbia
Board Member
Present
3
New York City, New York
Board Member
Present
4
Bucharest, Outside U.S.
Board Member
Present
5
San Francisco, California
Board Member
Present
6
Wilmington, Delaware
President & Board Member
11/2020
7
Seattle, Washington
Senior Lecturer; Co-director of Romania,Moldov a, Ukraine Study Abroad
10/2019
8
Washington, District of Columbia
Senior Advisor
1/2021
9
Washington, District of Columbia
Diplomatic Advisory Committee
4/2019
10
Florala, Alabama
President
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Mayer Brown LLP (law firm)
Salary
$1,100
2
Mayer Brown LLP (law firm), defined benefit plan (value not readily ascertainable)
Retirement Payments (annual)
$35,033
3
Traditional IRA
3.1
ISHARES INC CORE MSCI EMERGING MKTS ETF (IEMG)
$50,001 - $100,000
None (or less than $201)
3.2
TRUIST BANK SINGLE BANK LEVEL RATE SWEEP - MANAGED (QAMCQ) (cash sweep)
$15,001 - $50,000
None (or less than $201)
3.3
ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF (LQD)
$100,001 - $250,000
None (or less than $201)
3.4
ISHARES CORE S&P SMALL-CAP E (IJR)
$50,001 - $100,000
None (or less than $201)
3.5
PWM FIDUCIARY MASTER DEPOSIT ACCT (99A101DF0); Private wealth management fiduciary master deposit account (cash)
$15,001 - $50,000
None (or less than $201)
3.6
INVESCO EXCHANGE TRADED FD TR FTSE RAFI 1000 (PRF)
$250,001 - $500,000
None (or less than $201)
3.7
INVESCO QQQ TR UNIT SER 1 (QQQ)
$50,001 - $100,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Washington, District of Columbia
I will continue to participate in this defined benefit plan.
1/2018
2
Washington, District of Columbia
I am entitled to health insurance coverage provided by Mayer Brown for 10 years following my retirement as an equity partner in 2009. Because I have not used this benefit continuously, I have been informed that I have approximately 3 years remaining. I am currently receiving this benefit in the form of Medicare supplement insurance from BC/BS. of this benefit during my appointment and to sign up with the government health insurance program.
8/2009
3
Washington, District of Columbia
I am entitled to estate planning, financial planning, tax planning assistance, discounts on a telephone and laptop and use of an office and staff support. These benefits will not continue upon my resignation.
3/2013
4
Bucharest, Outside U.S.
I am owed a refund of approximately $99,500 for erroneous taxes and other payroll withholding from 2013-2020.
4/2013

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Washington, District of Columbia
Senior Counsel performing de minimis work for the firm.
2
Bucharest, Outside U.S.
Board of Directors

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Bell Occhio Inc
salary
2
R3 Continuum LLC
consulting fees

Other Assets and Income

#
Description
Value
Type
Amount
1
Residential Garage, Seattle, Washington
None (or less than $1,001)
Rent or Royalties
$1,001 - $2,500
2
Natural Gas Leases, Various Lessees, Custer County & Coal County, Oklahoma
$1,001 - $15,000
Rent or Royalties
$1,001 - $2,500
3
U.S. Bank #1 (cash)
$100,001 - $250,000
Interest
None (or less than $201)
4
U.S. Bank #2 (cash)
$50,001 - $100,000
Interest
None (or less than $201)
5
Joint Revocable Trust
5.1
Blackrock Strategic Income Opportunties Fund (BSIIX)
$50,001 - $100,000
$2,501 - $5,000
5.2
Doubleline Total Return Bond Fund (DBLTX)
$100,001 - $250,000
$5,001 - $15,000
5.3
iShares MSCI EAFE ETF (EFA)
$100,001 - $250,000
$2,501 - $5,000
5.4
SC Fondul Propietatea S.A. GDR (PDLPF)
$1,001 - $15,000
Dividends
$201 - $1,000
5.5
iShares Aerospace & Defense Sector ETF (ITA)
None (or less than $1,001)
$201 - $1,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Truist Mortgage - Primary Residence
$250,001 - $500,000
2020
30 years
2
Truist Mortgage - Secondary Residence
$250,001 - $500,000
2020
30 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
1
I became a Senior Counsel at Mayer Brown on January 1 2018. I had served as Partner and Special Counsel over the prior 29 years except for my service as U.S. Ambassador to Romania
1
2
Alianta (Alianta.org) is a US Romanian diaspora organization which I co-founded in 2013 & served as its first President. By the beginning of the reporting period I was a member of its board.
1
3
Alex fund is a US NGO which raises money for a Romanian Roma education charity (Alexfund.org). I joined the board in 2013 and was a board member at the beginning of the reporting period.
1
4
Fondul Proprietatea S.A. (fondulproprietatea.ro) is a closed end fund managed by Franklin Templeton which manages shareholders' (originally victims of illegal land seizures by the communist & fascist governments) investment in Romanian State Owned Enterprises.
1
5
TechSoup Global (www.techsoup.global/) is an NGO that specializes in providing free or discounted software to NGOs world wide.
1
6
First entry in my files of formal work with the Foundation was in January of 2016 although there may have been earlier work. The Foundation formally dissolved after the November election but it had been moribund for all of 2020.
1
7
Filer received $4000 in compensation from the University of Washington in 2019.
1
9
I was an informal advisor to J Street beginning some time after I returned from Romania in the Spring of 2013. I stayed relatively active (joining calls and a few meetings) up to the beginning of the Biden campaign. I was asked to formally rejoin about a month ago and declined thinking it was inappropriate while I was being considered for a position in the Administration.
1
10
This is a family foundation created by my father. I serve as president of a three member board consisting of my sister and our accountant. All we do is basically manage the assets (less than $400,000) and agree on mandatory distributions. We meet several times a year by telephone.
2
5
The filer was paid $12,284 in a return of partner capital in Mayer Brown for the fiscal year ending 11/30/2020. Mayer Brown is zero ($0).

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