Vanessa Chan
Chief Commercialization Officer and Director of the Office of Technology Transitions
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $5.7 M - $18.1 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (02/19/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Malvern, Pennsylvania
Venture Board Director
1/2021
2
PHILADELPHIA, Pennsylvania
Undergraduate Chair, Materials Science & Engineering and Jonathan & Linda Brassington Professor of Practice
Present
3
Philadelphia, Pennsylvania
Member
1/2021
4
Philadelphia, Pennsylvania
Sole Proprietor
Present
5
Philadelphia, Pennsylvania
Advisory Board Member
1/2021
6
Philadelphia, Pennsylvania
Advisory Board Member
1/2021
7
Philadelphia, Pennsylvania
Board Observer
Present
8
Philadelphia, Pennsylvania
Trustee
Present
9
Philadelphia, Pennsylvania
Trustee
1/2021

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
University of Pennsylvania - Materials Science & Engineering
Salary
$158,530
2
Vanguard
Accounts/Receiv able
$61,250
3
Head First Ventures
Consulting Fees and Program Sponsorship
$114,012
4
ChargeItSpot LLC, Shares
$15,001 - $50,000
None (or less than $201)
5
Percepta, vested stock options (value not readily ascertainable); 192,000 vested shares, strike $0.01
None (or less than $201)
6
Sapor Food Group, Inc., DBA Simply Good Jars, Stock Options (Value not readily ascertainable); 28,888 options vested, 23,112 unvested, exercise price of $0.05, vest 4/2022
None (or less than $201)
7
Penn 401(k) - Vanguard Institutional Target Retirement 2040, Fund Number 1668
$100,001 - $250,000
None (or less than $201)
8
McKinsey 401(k) - Passive Inflation Linked Bonds Fund
$100,001 - $250,000
None (or less than $201)
9
US brokerage cash account- IRA
$1,001 - $15,000
None (or less than $201)
10
McKinsey 401(k) - Passive Non-US Equities Fund
$50,001 - $100,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
PHILADELPHIA, Pennsylvania
Leave of Absence with no salary or benefits or any arrangements while on LoA
1/2021
2
Philadelphia, Pennsylvania
Agreement regarding stock options.
10/2020
3
Philadelphia, Pennsylvania
Agreement regarding stock options.
11/2018

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Malvern, Pennsylvania
Providing consulting support via Head First Ventures
2
PHILADELPHIA, Pennsylvania
Teaching classes and administrative duties as Undergraduate Chair of Materials Science & Engineering
3
Philadelphia, Pennsylvania
Consulting services to clients
4
(Headquarters) Charlotte, North Carolina
Consulting services via Head First Ventures
5
Thorofare, New Jersey
consulting services via Head First Ventures

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Walmart, Inc.:
1.1
Walmart Inc. stock
$50,001 - $100,000
None (or less than $201)
1.2
Walmart Inc., unvested restricted stock units
$50,001 - $100,000
None (or less than $201)
1.3
Performance Units
$500,001 - $1,000,000
None (or less than $201)
2
Walmart 401(K) - My retirement 2040 Fund (WMU40, IVR Fund code 17788)
$100,001 - $250,000
None (or less than $201)
3
Exelon, cash balance pension plan
$250,001 - $500,000
None (or less than $201)
4
IRA
4.1
IRA Fidelity - IJH S&P Mid-Cap
$15,001 - $50,000
None (or less than $201)
5
Walmart Deferred Compensation Plan:
5.1
- cash receivable
$1,000,001 - $5,000,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
US MIO Investments - MIO Special Situations CSSF
$1,000,001 - $5,000,000
$100,001 - $1,000,000
2
Dependent Child 529 - Pennsylvania Treasury Department - P529 Guaranteed Savings Plan Account
$100,001 - $250,000
None (or less than $201)
3
US Bank cash accounts
$500,001 - $1,000,000
None (or less than $201)
4
Fidelity -
4.1
VEA--VANGUARD DEVELOPED MARKETS INDEX FUND ETF
$50,001 - $100,000
None (or less than $201)
4.2
VPAIX Vanguard Pennsylvania Long-Term Tax-Exempt Fund Investor Shares
$15,001 - $50,000
None (or less than $201)
4.3
VTI-Vanguard Total Stock Market Index Fund ETF
$100,001 - $250,000
None (or less than $201)
4.4
VWO- Vanguard Emerging Markets Stock Index Fund ETF
$50,001 - $100,000
None (or less than $201)
4.5
VWSTX- Vanguard Short-Term Tax-Exempt Fund
$50,001 - $100,000
None (or less than $201)
5
Burrow Stock
$15,001 - $50,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
Nothing reported in this section

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
2
Leave of absence during Government service.
1
4
Entity will remain dormant during Government service.
6
1
MIO = McKinsey Investment Office CSSF = Compass Special Situations Fund

Do you have information about Vanessa Chan that is missing from this database?

Drop us a line at info@insidebidensbasement.org.

We want your help. If you have any additional information about an appointee that is or isn’t in our database, or any corrections, let us know via email at info@insidebidensbasement.org .

© 2023 Biden's Basement. All rights reserved