Observations
  • Millionaire
  • Lobbyist
Estimated Net Worth
  • estimated net worth
    $3.0 M - $9.4 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (06/06/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Washington, District of Columbia
Senior Vice President, Global Strategy & Finance
1/2019
2
Lansing, Michigan
Director
1/2021
3
Ann Arbor, Michigan
Public Service Scholar
Present
4
Washington, District of Columbia
Consultant
4/2021
5
San Francisco, California
Consultant
4/2021
6
Washington, District of Columbia
Senior Counselor
Present
7
Ann Arbor, Michigan
Senior Advisor, Poverty Solutions
Present
8
Okemos, Michigan
Board of Directors Member
1/2021
9
Boston, Massachusetts
Board of Directors Member
1/2019
10
Washington, District of Columbia
Board of Directors Member & Treasurer
1/2019

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
University of Michigan
Salary
$17,999
2
Center on Budget & Policy Priorities (research & policy)
Salary
$4,161
3
Code for America Labs, Inc. (government technology services)
Consulting Fees
$2,950
4
Results for America (research & policy)
Consulting Fees
$25,000
5
Michigan Department of Health & Human Services
Salary
$196,811
6
Michigan Department of Health & Human Services
Severance
$155,506
7
State of Michigan, 401(k) plan
7.1
State Street Target Retirement 2045 Fund - Class K (SSDEX)
$50,001 - $100,000
None (or less than $201)
7.2
State Street Target Retirement 2035 Fund - Class K (SSCKX)
$15,001 - $50,000
None (or less than $201)
8
College Board, 401(a) plan

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Boston, Massachusetts
Agreement with the Boston Consulting Group, Inc., to start work as a contractor in June 2021.
5/2021
2
Lansing, Michigan
I will continue to retain this 401(k) plan, but the plan sponsor no longer makes contributions.
1/2019
3
New York, New York
I will continue to retain this deferred variable annuity, but the plan sponsor no longer makes contributions.
11/2016
4
New York, New York
I will continue to retain this 401(a) plan, but the plan sponsor no longer makes contributions.
4/2015
5
New York, New York
I will continue to retain this 403(b) plan, but the plan sponsor no longer makes contributions.
4/2015

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Ann Arbor, Michigan
Teaching & advising as Senior Advisor at Poverty Solutions and as Public Service Scholar at the University of Michigan Law School
2
Washington, District of Columbia
Writing, editing, & advising consulting services
3
Lansing, Michigan
Director
4
Washington, District of Columbia
Senior Vice President, Global Strategy & Finance

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Institute for College Access & Success, Inc. (education research & policy)
Salary
2
Public Sector Consultants, Inc. (public policy consulting services)
Consulting Fees
3
Institute for College Access & Success, Inc., 401(k) plan
3.1
Vanguard 500 Index Fund - Admiral Shares (VFIAX)
$1,001 - $15,000
None (or less than $201)
4
Spouse's SEP IRA
4.1
Vanguard 500 Index Fund - Admiral Shares (VFIAX)
$1,001 - $15,000
None (or less than $201)
5
Spouse's IRA
5.1
Vanguard Target Retirement 2045 Fund (VTIVX)
$250,001 - $500,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
Brokerage account
1.1
Vanguard 500 Index Fund - Admiral Shares (VFIAX)
$500,001 - $1,000,000
$5,001 - $15,000
1.2
Vanguard Total International Stock ETF (VXUS)
$15,001 - $50,000
$201 - $1,000
1.3
Vanguard Small-Cap ETF (VB)
$15,001 - $50,000
$201 - $1,000
1.4
Vanguard FTSE All-World ex-US ETF (VEU)
$15,001 - $50,000
$201 - $1,000
1.5
Vanguard Federal Money Market Fund (VMFXX)
$50,001 - $100,000
None (or less than $201)
2
Ohio CollegeAdvantage Direct 529 Savings Plan #1
2.1
Vanguard Total Bond Market Index Option
$1,001 - $15,000
None (or less than $201)
2.2
Vanguard Total International Stock Index Option
$15,001 - $50,000
None (or less than $201)
2.3
Vanguard Moderate Growth Index Portfolio
$50,001 - $100,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Capital One Financial Corporation
$10,001 - $15,000
2021
Revolving

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
1
The organization has two main offices: in New York, NY, and Reston, VA.
1
12
Schmidt Futures is a philanthropic organization operated by Futures Action Network, LLC. The position began in April 2021, but compensation for the position was made only effective June 1, 2021.

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