Annual Report 2017   U.S. Office of Government Ethics; 5 C.F.R. part 2634   Form Approved: OMB No. (3209-0001) (March 2014)

Executive Branch Personnel
Public Financial Disclosure Report (OGE Form 278e)
Filer's Information
Powell, Jerome
Member, Board of Governors of the Federal Reserve System
Report Year: 2017
Other Federal Government Positions Held During the Preceding 12 Months:
None

Electronic Signature - I certify that the statements I have made in this form are true, complete and correct to the best of my knowledge.
/s/ Powell, Jerome [electronically signed on 06/28/2017 by Powell, Jerome in Integrity.gov] - Filer received a 75 day filing extension.

Agency Ethics Official's Opinion - On the basis of information contained in this report, I conclude that the filer is in compliance with applicable laws and regulations
(subject to any comments below).
/s/ Williams, Cary, Certifying Official [electronically signed on 06/28/2017 by Williams, Cary in Integrity.gov]

Other review conducted by
/s/ Williams, Cary, Ethics Official [electronically signed on 06/28/2017 by Williams, Cary in Integrity.gov]

U.S. Office of Government Ethics Certification
/s/ Rounds, Emory, Certifying Official [electronically signed on 07/07/2017 by Rounds, Emory in Integrity.gov]

 1. Filer's Positions Held Outside United States Government
None

2. Filer's Employment Assets & Income and Retirement Accounts
#

DESCRIPTION

EIF

VALUE

INCOME TYPE

INCOME
AMOUNT

1

T Rowe Price Equity Index 500

Yes

$250,001 $500,000

$5,001 - $15,000

2

Blackrock S&P 500 Index

Yes

$500,001 $1,000,000

$5,001 - $15,000

3

SPDR S&P 500 ETF

Yes

$50,001 $100,000

$1,001 - $2,500

3. Filer's Employment Agreements and Arrangements
None

4. Filer's Sources of Compensation Exceeding $5,000 in a Year
(N/A) - Not required for this type of report

5. Spouse's Employment Assets & Income and Retirement Accounts
#

DESCRIPTION

EIF

VALUE

1

JP Morgan Chase Cash - IRA

N/A

$1,001 - $15,000

INCOME TYPE

INCOME
AMOUNT
None (or less
than $201)

 #

DESCRIPTION

EIF

VALUE

2

PNC Bank Cash - IRA

N/A

$1,001 - $15,000

VALUE

INCOME TYPE

INCOME
AMOUNT
None (or less
than $201)

6. Other Assets and Income
#

DESCRIPTION

EIF

1

Powell Family Trust #1

No

1.1

GS EMERGING MARKETS EQUITY FUND INST
SHARES

Yes

$50,001 $100,000

$201 - $1,000

1.2

GS HIGH YIELD MUNICIPAL FUND INST
SHARES

Yes

$15,001 $50,000

$201 - $1,000

1.3

GS TACTICAL TILT OVERLAY FUND INST

Yes

$50,001 $100,000

$1,001 - $2,500

1.4

ISHARES MSCI EAFE ETF

Yes

$100,001 $250,000

$2,501 - $5,000

1.5

ISHARES RUSSELL 2000 ETF

Yes

$50,001 $100,000

$1,001 - $2,500

1.6

ISHARES U.S. REAL ESTATE ETF

Yes

$15,001 $50,000

$1,001 - $2,500

1.7

SPDR DJ WILSHIRE INTERNATIONAL REAL
ESTATE ETF

Yes

$15,001 $50,000

$1,001 - $2,500

1.8

SPDR S&P 500 ETF

Yes

$250,001 $500,000

$5,001 - $15,000

1.9

GOLDMAN CASH

N/A

$50,001 $100,000

1.10

Rock Creek Opportunity Fund LLC

Yes

$500,001 $1,000,000

2

Powell Family Trust #2

No

2.1

GOLDMAN CASH

N/A

$50,001 $100,000

INCOME TYPE

Interest

INCOME
AMOUNT

$201 - $1,000
$15,001 $50,000

Interest

$201 - $1,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

3

Powell Family Trust #3

No

3.1

CAUSEWAY INTERNATIONAL VALUE I FUND
INST SHARES

Yes

$100,001 $250,000

$5,001 - $15,000

3.2

FRANKLIN HIGH YIELD TAX FREE INC ADV

Yes

None (or less
than $1,001)

$201 - $1,000

3.3

GS HIGH YIELD MUNICIPAL FUND INST
SHARES

Yes

$15,001 $50,000

$1,001 - $2,500

3.4

GS SHORT DURATION TAX-FREE FUND INST
SHARES

Yes

$250,001 $500,000

$2,501 - $5,000

3.5

GS TACTICAL TILT OVERLAY FUND INST

Yes

$100,001 $250,000

$1,001 - $2,500

3.6

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

Yes

$500,001 $1,000,000

$50,001 $100,000

3.7

ISHARES MSCI EAFE ETF

Yes

$100,001 $250,000

$5,001 - $15,000

3.8

ISHARES RUSSELL 2000 ETF

Yes

$100,001 $250,000

$5,001 - $15,000

3.9

ISHARES U.S. REAL ESTATE ETF

Yes

$15,001 $50,000

$1,001 - $2,500

3.10

SPDR DJ WILSHIRE INTERNATIONAL REAL
ESTATE ETF

Yes

$15,001 $50,000

$2,501 - $5,000

3.11

VANGUARD FTSE EMERGING MKTS ETF

Yes

$15,001 $50,000

$1,001 - $2,500

3.12

GOLDMAN CASH

N/A

$15,001 $50,000

3.13

Rock Creek Opportunity Fund LLC

Yes

$250,001 $500,000

$5,001 - $15,000

4

Powell Family Trust #4

No

4.1

CAUSEWAY INTERNATIONAL VALUE I FUND
INST SHARES

Yes

$250,001 $500,000

$5,001 - $15,000

4.2

FRANKLIN HIGH YIELD TAX FREE INC ADV

Yes

None (or less
than $1,001)

$1,001 - $2,500

Interest

INCOME
AMOUNT

$201 - $1,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

4.3

GS HIGH YIELD MUNICIPAL FUND INST
SHARES

Yes

$50,001 $100,000

$2,501 - $5,000

4.4

GS SHORT DURATION TAX-FREE FUND INST
SHARES

Yes

$500,001 $1,000,000

$5,001 - $15,000

4.5

GS TACTICAL TILT OVERLAY FUND INST

Yes

$250,001 $500,000

$5,001 - $15,000

4.6

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

Yes

$1,000,001 $5,000,000

$100,001 $1,000,000

4.7

HARTFORD EMERGING MARKETS LOCAL
FUND

Yes

None (or less
than $1,001)

$201 - $1,000

4.8

INVESCO SMALL CAP EQUITY FUND Y

Yes

None (or less
than $1,001)

$201 - $1,000

4.9

ISHARES MSCI EAFE ETF

Yes

$250,001 $500,000

$5,001 - $15,000

4.10

ISHARES RUSSELL 2000 ETF

Yes

$250,001 $500,000

$2,501 - $5,000

4.11

ISHARES U.S. REAL ESTATE ETF

Yes

$100,001 $250,000

$5,001 - $15,000

4.12

SPDR DJ WILSHIRE INTERNATIONAL REAL
ESTATE ETF

Yes

$50,001 $100,000

$5,001 - $15,000

4.13

SPDR EURO STOXX 50 FD ETF

Yes

$15,001 $50,000

$1,001 - $2,500

4.14

VANGUARD FTSE EMERGING MKTS ETF

Yes

$250,001 $500,000

$5,001 - $15,000

4.15

GOLDMAN CASH

N/A

$100,001 $250,000

5

Powell LLC

No

5.1

GS SHORT DURATION TAX-FREE FUND INST
SHARES

Yes

$1,000,001 $5,000,000

$15,001 $50,000

5.2

INVESCO SMALL CAP EQUITY FUND Y

Yes

None (or less
than $1,001)

$15,001 $50,000

Interest

INCOME
AMOUNT

$201 - $1,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

5.3

WELLS FARGO EMERG MRKTS EQUITY FUND
INST

Yes

$100,001 $250,000

$1,001 - $2,500

5.4

ISHARES MSCI EAFE ETF

Yes

$500,001 $1,000,000

$15,001 $50,000

5.5

ISHARES RUSSELL 1000 ETF

Yes

$100,001 $250,000

$1,001 - $2,500

5.6

ISHARES RUSSELL 1000 GROWTH ETF

Yes

$250,001 $500,000

$2,501 - $5,000

5.7

ISHARES RUSSELL 1000 VALUE ETF

Yes

$100,001 $250,000

$1,001 - $2,500

5.8

ISHARES RUSSELL 2000 ETF

Yes

$500,001 $1,000,000

$5,001 - $15,000

5.9

ISHARES RUSSELL 2000 GROWTH ETF

Yes

$100,001 $250,000

$1,001 - $2,500

5.10

ISHARES RUSSELL 2000 VALUE ETF

Yes

$50,001 $100,000

$1,001 - $2,500

5.11

ISHARES RUSSELL 3000 ETF

Yes

$1,000,001 $5,000,000

$15,001 $50,000

5.12

SPDR EURO STOXX 50 FD ETF

Yes

$50,001 $100,000

$1,001 - $2,500

5.13

VANGUARD FTSE EMERGING MKTS ETF

Yes

$15,001 $50,000

$1,001 - $2,500

5.14

GOLDMAN CASH

N/A

$100,001 $250,000

6

FRANKLIN HIGH YIELD TAX FREE INC ADV
SHARES

Yes

None (or less
than $1,001)

$2,501 - $5,000

7

GS HIGH YIELD FLOATING RATE FUND INST
SHARES

Yes

$100,001 $250,000

$2,501 - $5,000

8

GS HIGH YIELD FUND INST SHARES

Yes

$500,001 $1,000,000

$15,001 $50,000

9

GS HIGH YIELD MUNICIPAL FUND INST
SHARES

Yes

$500,001 $1,000,000

$15,001 $50,000

Interest

INCOME
AMOUNT

$201 - $1,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

INCOME
AMOUNT

10

GS FINANCIAL SQUARE TREASURY
SOLUTIONS FUND

Yes

$1,001 - $15,000

$201 - $1,000

11

GS SHORT DURATION TAX-FREE FUND INST
SHARES

Yes

$500,001 $1,000,000

$5,001 - $15,000

12

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

Yes

$500,001 $1,000,000

$50,001 $100,000

13

HARTFORD EMERGING MARKETS LOCAL
FUND

Yes

None (or less
than $1,001)

$201 - $1,000

14

WELLS FARGO EMERG MRKTS EQUITY FUND
CLASS INST

Yes

$100,001 $250,000

$1,001 - $2,500

15

ISHARES MSCI EAFE ETF

Yes

$1,000,001 $5,000,000

$15,001 $50,000

16

ISHARES RUSSELL 2000 ETF

Yes

$250,001 $500,000

$5,001 - $15,000

17

SPDR EURO STOXX 50 FD ETF

Yes

$500,001 $1,000,000

$15,001 $50,000

18

SPDR S&P 500 ETF

Yes

$1,000,001 $5,000,000

$50,001 $100,000

19

VANGUARD FTSE EMERGING MKTS ETF

Yes

$250,001 $500,000

$5,001 - $15,000

20

ANNE ARUNDEL COUNTY MD BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

21

BALTIMORE COUNTY MD BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

22

BEXAR COUNTY TX BONDS

N/A

None (or less
than $1,001)

Interest

$2,501 - $5,000

23

CALIFORNIA STATE BONDS

N/A

$50,001 $100,000

Interest

$1,001 - $2,500

24

CALVERT COUNTY MD BONDS

N/A

None (or less
than $1,001)

Interest

$2,501 - $5,000

25

CARROLL COUNTY MD BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

INCOME
AMOUNT

26

CHARLES COUNTY MD BONDS

N/A

None (or less
than $1,001)

Interest

$1,001 - $2,500

27

CONROE TX BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

28

DENVER CO CITY & COUNTY BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

29

FLORIDA STATE BOARD OF EDU BONDS

N/A

$100,001 $250,000

Interest

$5,001 - $15,000

30

FREDERICK COUNTY MD BONDS

N/A

$100,001 $250,000

Interest

$2,501 - $5,000

31

HARFORD COUNTY MD BONDS

N/A

$100,001 $250,000

Interest

$2,501 - $5,000

32

HOUSTON TX UTIL SYS REV BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

33

HOWARD COUNTY MD BONDS

N/A

$100,001 $250,000

Interest

$2,501 - $5,000

34

JEFFERSON PARISH LA SCH BRD REV BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

35

LOS ANGELES CA UNI SCH DIST BONDS

N/A

None (or less
than $1,001)

Interest

$201 - $1,000

36

MARYLAND STATE BONDS

N/A

None (or less
than $1,001)

Interest

$2,501 - $5,000

37

MARYLAND WATER QUALITY REV BONDS

N/A

$100,001 $250,000

Interest

$5,001 - $15,000

38

MD STATE HLTH & ED FACS AUTH REV
BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

39

MONTGOMERY COUNTY MD BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

40

NEW JERSEY STATE TRANSN TR FD REV
BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

41

NEW YORK CITY TRANS FIN AUTH REV
BONDS

N/A

$100,001 $250,000

Interest

$2,501 - $5,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

INCOME
AMOUNT

42

NEW YORK NY BONDS

N/A

$50,001 $100,000

Interest

$2,501 - $5,000

43

PRINCE GEORGES COUNTY MD BONDS

N/A

$100,001 $250,000

Interest

$2,501 - $5,000

44

SNOHOMISH COUNTY WA BONDS

N/A

$100,001 $250,000

Interest

$2,501 - $5,000

45

SPRINGFIELD IL ELEC REV BONDS

N/A

$50,001 $100,000

Interest

$1,001 - $2,500

46

MARYLAND UNIV SYSTEM AUXILLARY FAC
BONDS

N/A

$15,001 $50,000

Interest

$1,001 - $2,500

47

GOLDMAN CASH

N/A

$50,001 $100,000

Interest

$201 - $1,000

48

American Balanced Fund 529E

Yes

$500,001 $1,000,000

$15,001 $50,000

49

American Balanced Fund 529A

Yes

$50,001 $100,000

$1,001 - $2,500

50

Capital One Bank Cash

N/A

$1,001 - $15,000

Interest

None (or less
than $201)

51

Citibank Cash

N/A

$250,001 $500,000

Interest

None (or less
than $201)

52

Blackrock S&P 500 Index

Yes

$100,001 $250,000

$2,501 - $5,000

53

SPDR S&P 500 ETF

Yes

$15,001 $50,000

$201 - $1,000

54

Merrill Lynch Cash

N/A

$1,001 - $15,000

None (or less
than $201)

55

Vanguard Total Stock Market Index Admiral

Yes

Over $1,000,000

$100,001 $1,000,000

56

Vanguard Devel Markets Index Admiral

Yes

$15,001 $50,000

$1,001 - $2,500

57

Vanguard 500 Index Fund Admiral

Yes

$100,001 $250,000

$5,001 - $15,000

 #

DESCRIPTION

EIF

VALUE

INCOME TYPE

INCOME
AMOUNT

58

Northwestern Mutual Life Insurance (cash
value of whole life)

N/A

$250,001 $500,000

Dividends

$5,001 - $15,000

59

Northwestern Mutual Life Insurance (cash
value of whole life) - ILIT

N/A

$100,001 $250,000

Dividends

$5,001 - $15,000

60

CENTRAL FL EXPWY AUTH BONDS

N/A

$50,001 $100,000

Interest

None (or less
than $201)

61

ILLINOIS STATE BONDS

N/A

$50,001 $100,000

Interest

None (or less
than $201)

62

MARYLAND TRANSN AUTH BONDS

N/A

$50,001 $100,000

Interest

$1,001 - $2,500

63

PENNSYLVANIA STATE TPK COMMN BONDS

N/A

None (or less
than $1,001)

Interest

$201 - $1,000

64

TEXAS TRANSN COMMN ST HWY BONDS

N/A

$50,001 $100,000

Interest

None (or less
than $201)

65

TRIBOROUGH BRDG & TUNL AUTH BONDS

N/A

$50,001 $100,000

Interest

None (or less
than $201)

66

WASHINGTON COUNTY MD BONDS

N/A

$15,001 $50,000

Interest

None (or less
than $201)

7. Transactions
#

DESCRIPTION

TYPE

DATE

AMOUNT

1

FRANKLIN HIGH YIELD TAX FREE INC ADV
SHARES

Purchase

Multiple

$1,001 - $15,000

2

FRANKLIN HIGH YIELD TAX FREE INC ADV
SHARES

Sale

11/11/16

$50,001 $100,000

3

GS HIGH YIELD FLOATING

Purchase

Multiple

$1,001 - $15,000

4

GS HIGH YIELD FUND

Purchase

Multiple

$15,001 $50,000

5

GS HIGH YIELD MUNICIPAL

Purchase

Multiple

$15,001 $50,000

 #

DESCRIPTION

TYPE

DATE

AMOUNT

6

GS SHORT DURATION TAX-FREE

Purchase

Multiple

$1,001 - $15,000

7

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

Purchase

Multiple

$50,001 $100,000

8

HARTFORD EMERGING MARKETS LOCAL

Sale

01/29/16

$100,001 $250,000

9

TCW EMERGING MARKETS LOCAL
CURRENCY INCOME FUND N

Sale

01/29/16

$100,001 $250,000

10

Wells Fargo Emerg Mrkts Equity Fund

Purchase

12/29/16

$1,001 - $15,000

11

WELLS FARGO EMERG MRKTS EQUITY FUND
INST

Sale

11/11/16

$50,001 $100,000

12

MARYLAND UNIV SYSTEM AUXILLARY FAC
BOND

Purchase

03/23/16

$15,001 $50,000

13

MICHIGAN STATE BOND

Purchase

07/14/16

$50,001 $100,000

14

CHARLES COUNTY MD BOND

Sale

07/18/16

$50,001 $100,000

15

WESTMORELAND COUNTY PA BOND

Purchase

07/15/16

$50,001 $100,000

16

PENNSYLVANIA TPK COMMN OIL BOND

Purchase

08/03/16

$50,001 $100,000

17

BALTIMORE COUNTY MD BOND

Sale

08/05/16

$50,001 $100,000

18

MARYLAND STATE BOND

Sale

09/01/16

$100,001 $250,000

19

MARYLAND STATE TRANSN AUTH BONDS

Purchase

06/29/16

$50,001 $100,000

20

ILLINOIS STATE BONDS

Purchase

08/26/16

$50,001 $100,000

21

Washington County MD Bond

Purchase

11/22/2016

$15,001 $50,000

22

Texas Transportation HWY Bond

Purchase

12/20/2016

$50,001 $100,000

 #

DESCRIPTION

TYPE

DATE

AMOUNT

23

Michigan State Bond

Sale

12/20/2016

$50,001 $100,000

24

Central FL Expwy Auth Bond

Purchase

12/20/2016

$50,001 $100,000

25

Baltimore Cnty MD Bond

Purchase

12/21/2016

$50,001 $100,000

26

Westmoreland Cnty PA Bond

Sale

12/20/2016

$50,001 $100,000

27

Calvert Cnty MD Bond

Sale

12/22/2016

$50,001 $100,000

28

Pennsylvania TPK Commn Oil Bond

Sale

12/22/2016

$50,001 $100,000

29

Triborough Bridge & Tunnel Auth Bond

Purchase

12/27/2016

$50,001 $100,000

30

GS LOCAL EMERGING MARKETS DEBT FUND
INST SHARES

See Endnote

Sale

01/29/16

$15,001 $50,000

31

GS TACTICAL TILT OVERLAY FUND

See Endnote

Purchase

12/29/16

$1,001 - $15,000

32

CAUSEWAY INTERNATIONAL VALUE I FUND
INST SHARES

See Endnote

Sale

11/22/16

$15,001 $50,000

33

Causeway International Value I GS Funds

See Endnote

Purchase

Multiple

$1,001 - $15,000

34

FRANKLIN HIGH YIELD TAX FREE INC ADV
FUND ADV SHARES

See Endnote

Sale

11/22/16

$15,001 $50,000

35

GS HIGH YIELD MUNICIPAL

See Endnote

Purchase

Multiple

$1,001 - $15,000

36

GS HIGH YIELD MUNICIPAL FUND INST
SHARES

See Endnote

Purchase

11/23/16

$15,001 $50,000

37

GS SHORT DURATION TAX-FREE FUND

See Endnote

Purchase

Multiple

$1,001 - $15,000

38

GS TACTICAL TILT OVERLAY FUND

See Endnote

Purchase

12/29/16

$1,001 - $15,000

39

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

See Endnote

Purchase

Multiple

$15,001 $50,000

40

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

See Endnote

Sale

11/22/16

$15,001 $50,000

 #

DESCRIPTION

TYPE

DATE

AMOUNT

41

HARTFORD EMERGING MARKETS LOCAL
FUND

See Endnote

Sale

01/29/16

$15,001 $50,000

42

ISHARES RUSSELL 2000 ETF

See Endnote

Sale

11/22/16

$15,001 $50,000

43

FRANKLIN HIGH YIELD TAX FREE I NC ADV

See Endnote

Purchase

Multiple

$1,001 - $15,000

44

FRANKLIN HIGH YIELD TAX FREE INC ADV

See Endnote

Sale

11/30/16

$15,001 $50,000

45

GS HIGH YIELD MUNICIPAL

See Endnote

Purchase

Multiple

$1,001 - $15,000

46

GS HIGH YIELD MUNICIPAL FUND INST
SHARES

See Endnote

Purchase

11/30/16

$15,001 $50,000

47

GS SHORT DURATION TAX-FREE

See Endnote

Purchase

Multiple

$1,001 - $15,000

48

GS TACTICAL TILT OVERLAY FUND

See Endnote

Purchase

12/29/16

$1,001 - $15,000

49

GS U.S. EQUITY DIVIDEND AND PREMIUM
FUND INST SHARES

See Endnote

Purchase

Multiple

$100,001 $250,000

50

HARTFORD EMERGING MARKETS LOCAL
FUND

See Endnote

Sale

01/29/16

$50,001 $100,000

51

INVESCO SMALL CAP EQUITY FUND Y

See Endnote

Sale

08/30/16

$100,001 $250,000

52

ISHARES RUSSELL 2000 ETF

See Endnote

Purchase

08/31/16

$100,001 $250,000

53

Causeway International Value I GS Funds

See Endnote

Purchase

12/22/16

$1,001 - $15,000

54

GS SHORT DURATION TAX-FREE FUND

See Endnote

Purchase

Multiple

$15,001 $50,000

55

INVESCO SMALL CAP EQUITY FUND Y

See Endnote

Sale

08/30/16

$250,001 $500,000

56

ISHARES RUSSELL 2000 ETF

See Endnote

Purchase

08/31/16

$250,001 $500,000

57

Wells Fargo Emerg Mrkts Equity Fund Inst
Shares

See Endnote

Purchase

12/29/16

$1,001 - $15,000

58

American Balanced Fund 529E

Purchase

Multiple

$15,001 $50,000

 #

DESCRIPTION

TYPE

DATE

AMOUNT

59

American Balanced Fund 529A

Purchase

Multiple

$1,001 - $15,000

60

Blackrock S&P 500 Index

Purchase

Multiple

$1,001 - $15,000

61

Blackrock S&P 500 Index (IRA)

Purchase

Multiple

$1,001 - $15,000

62

SPDR S&P 500 ETF (IRA)

Purchase

Multiple

$1,001 - $15,000

63

T Rowe Price Equity Index 500 (IRA)

Purchase

Multiple

$1,001 - $15,000

64

Vanguard Total Stock Market Index Admiral

Purchase

Multiple

$15,001 $50,000

65

Vanguard Total Stock Market Index Admiral

Sale

Multiple

$500,001 $1,000,000

66

Vanguard Devel Markets Index Admiral

Purchase

Multiple

$1,001 - $15,000

67

Vanguard 500 Index Fund Admiral

Purchase

Multiple

$1,001 - $15,000

68

Vanguard 500 Index Fund Admiral

Sale

02/23/2016

$15,001 $50,000

8. Liabilities
None

9. Gifts and Travel Reimbursements
None

Endnotes
PART

#

ENDNOTE

7.

30

Powell Family Trust #1

7.

31

Powell Family Trust #1

 PART

#

ENDNOTE

7.

32

Powell Family Trust #3

7.

33

Powell Family Trust #3

7.

34

Powell Family Trust #3

7.

35

Powell Family Trust #3

7.

36

Powell Family Trust #3

7.

37

Powell Family Trust #3

7.

38

Powell Family Trust #3

7.

39

Powell Family Trust #3

7.

40

Powell Family Trust #3

7.

41

Powell Family Trust #3

7.

42

Powell Family Trust #3

7.

43

Powell Family Trust #4

7.

44

Powell Family Trust #4

7.

45

Powell Family Trust #4

7.

46

Powell Family Trust #4

7.

47

Powell Family Trust #4

7.

48

Powell Family Trust #4

7.

49

Powell Family Trust #4

7.

50

Powell Family Trust #4

7.

51

Powell Family Trust #4

7.

52

Powell Family Trust #4

7.

53

Powell Family Trust #4

7.

54

Powell LLC

7.

55

Powell LLC

7.

56

Powell LLC

 PART ENDNOTE

 

7. 57 Powell LLC

 

Summary of Contents
1. Filer's Positions Held Outside United States Government
Part 1 discloses positions that the filer held at any time during the reporting period (excluding positions with the United States Government). Positions are reportable
even if the filer did not receive compensation.
This section does not include the following: (1) positions with religious, social, fraternal, or political organizations; (2) positions solely of an honorary nature; (3) positions
held as part of the filer's official duties with the United States Government; (4) mere membership in an organization; and (5) passive investment interests as a limited
partner or non-managing member of a limited liability company.
2. Filer's Employment Assets & Income and Retirement Accounts
Part 2 discloses the following:
●

●

Sources of earned and other non-investment income of the filer totaling more than $200 during the reporting period (e.g., salary, fees, partnership share,
honoraria, scholarships, and prizes)
Assets related to the filer's business, employment, or other income-generating activities that (1) ended the reporting period with a value greater than $1,000 or (2)
produced more than $200 in income during the reporting period (e.g., equity in business or partnership, stock options, retirement plans/accounts and their
underlying holdings as appropriate, deferred compensation, and intellectual property, such as book deals and patents)

This section does not include assets or income from United States Government employment or assets that were acquired separately from the filer's business,
employment, or other income-generating activities (e.g., assets purchased through a brokerage account). Note: The type of income is not required if the amount of
income is $0 - $200 or if the asset qualifies as an excepted investment fund (EIF).
3. Filer's Employment Agreements and Arrangements
Part 3 discloses agreements or arrangements that the filer had during the reporting period with an employer or former employer (except the United States
Government), such as the following:
●
●
●
●
●

Future employment
Leave of absence
Continuing payments from an employer, including severance and payments not yet received for previous work (excluding ordinary salary from a current employer)
Continuing participation in an employee welfare, retirement, or other benefit plan, such as pensions or a deferred compensation plan
Retention or disposition of employer-awarded equity, sharing in profits or carried interests (e.g., vested and unvested stock options, restricted stock, future share of
a company's profits, etc.)

4. Filer's Sources of Compensation Exceeding $5,000 in a Year
Part 4 discloses sources (except the United States Government) that paid more than $5,000 in a calendar year for the filer's services during any year of the reporting
period.

 The filer discloses payments both from employers and from any clients to whom the filer personally provided services. The filer discloses a source even if the source
made its payment to the filer's employer and not to the filer. The filer does not disclose a client's payment to the filer's employer if the filer did not provide the services
for which the client is paying.
5. Spouse's Employment Assets & Income and Retirement Accounts
Part 5 discloses the following:
●

●
●

Sources of earned income (excluding honoraria) for the filer's spouse totaling more than $1,000 during the reporting period (e.g., salary, consulting fees, and
partnership share)
Sources of honoraria for the filer's spouse greater than $200 during the reporting period
Assets related to the filer's spouse's employment, business activities, other income-generating activities that (1) ended the reporting period with a value greater
than $1,000 or (2) produced more than $200 in income during the reporting period (e.g., equity in business or partnership, stock options, retirement plans/accounts
and their underlying holdings as appropriate, deferred compensation, and intellectual property, such as book deals and patents)

This section does not include assets or income from United States Government employment or assets that were acquired separately from the filer's spouse's business,
employment, or other income-generating activities (e.g., assets purchased through a brokerage account). Note: The type of income is not required if the amount of
income is $0 - $200 or if the asset qualifies as an excepted investment fund (EIF). Amounts of income are not required for a spouse's earned income (excluding
honoraria).
6. Other Assets and Income
Part 6 discloses each asset, not already reported, that (1) ended the reporting period with a value greater than $1,000 or (2) produced more than $200 in investment
income during the reporting period. For purposes of the value and income thresholds, the filer aggregates the filer's interests with those of the filer's spouse and
dependent children.
This section does not include the following types of assets: (1) a personal residence (unless it was rented out during the reporting period); (2) income or retirement
benefits associated with United States Government employment (e.g., Thrift Savings Plan); and (3) cash accounts (e.g., checking, savings, money market accounts) at a
single financial institution with a value of $5,000 or less (unless more than $200 of income was produced). Additional exceptions apply. Note: The type of income is not
required if the amount of income is $0 - $200 or if the asset qualifies as an excepted investment fund (EIF).
7. Transactions
Part 7 discloses purchases, sales, or exchanges of real property or securities in excess of $1,000 made on behalf of the filer, the filer's spouse or dependent child during
reporting period.
This section does not include transactions that concern the following: (1) a personal residence, unless rented out; (2) cash accounts (e.g., checking, savings, CDs, money
market accounts) and money market mutual funds; (3) Treasury bills, bonds, and notes; and (4) holdings within a federal Thrift Savings Plan account. Additional
exceptions apply.

 8. Liabilities
Part 8 discloses liabilities over $10,000 that the filer, the filer's spouse or dependent child owed at any time during the reporting period.
This section does not include the following types of liabilities: (1) mortgages on a personal residence, unless rented out (limitations apply for PAS filers); (2) loans
secured by a personal motor vehicle, household furniture, or appliances, unless the loan exceeds the item's purchase price; and (3) revolving charge accounts, such as
credit card balances, if the outstanding liability did not exceed $10,000 at the end of the reporting period. Additional exceptions apply.
9. Gifts and Travel Reimbursements
This section discloses:
●
●

Gifts totaling more than $375 that the filer, the filer's spouse, and dependent children received from any one source during the reporting period.
Travel reimbursements totaling more than $375 that the filer, the filer's spouse, and dependent children received from any one source during the reporting period.

For purposes of this section, the filer need not aggregate any gift or travel reimbursement with a value of $150 or less. Regardless of the value, this section does not
include the following items: (1) anything received from relatives; (2) anything received from the United States Government or from the District of Columbia, state, or
local governments; (3) bequests and other forms of inheritance; (4) gifts and travel reimbursements given to the filer's agency in connection with the filer's official travel;
(5) gifts of hospitality (food, lodging, entertainment) at the donor's residence or personal premises; and (6) anything received by the filer's spouse or dependent children
totally independent of their relationship to the filer. Additional exceptions apply.

 Privacy Act Statement
Title I of the Ethics in Government Act of 1978, as amended (the Act), 5 U.S.C. app. § 101 et seq., as amended by the Stop Trading on Congressional Knowledge Act of
2012 (Pub. L. 112-105) (STOCK Act), and 5 C.F.R. Part 2634 of the U. S. Office of Government Ethics regulations require the reporting of this information. The primary use
of the information on this report is for review by Government officials to determine compliance with applicable Federal laws and regulations. This report may also be
disclosed upon request to any requesting person in accordance with sections 105 and 402(b)(1) of the Act or as otherwise authorized by law. You may inspect
applications for public access of your own form upon request. Additional disclosures of the information on this report may be made: (1) to any requesting person,
subject to the limitation contained in section 208(d)(1) of title 18, any determination granting an exemption pursuant to sections 208(b)(1) and 208(b)(3) of title 18; (2) to
a Federal, State, or local law enforcement agency if the disclosing agency becomes aware of violations or potential violations of law or regulation; (3) to another Federal
agency, court or party in a court or Federal administrative proceeding when the Government is a party or in order to comply with a judge-issued subpoena; (4) to a
source when necessary to obtain information relevant to a conflict of interest investigation or determination; (5) to the National Archives and Records Administration or
the General Services Administration in records management inspections; (6) to the Office of Management and Budget during legislative coordination on private relief
legislation; (7) to the Department of Justice or in certain legal proceedings when the disclosing agency, an employee of the disclosing agency, or the United States is a
party to litigation or has an interest in the litigation and the use of such records is deemed relevant and necessary to the litigation; (8) to reviewing officials in a new
office, department or agency when an employee transfers or is detailed from one covered position to another; (9) to a Member of Congress or a congressional office in
response to an inquiry made on behalf of an individual who is the subject of the record; (10) to contractors and other non-Government employees working on a
contract, service or assignment for the Federal Government when necessary to accomplish a function related to an OGE Government-wide system of records; and (11)
on the OGE Website and to any person, department or agency, any written ethics agreement filed with OGE by an individual nominated by the President to a position
requiring Senate confirmation. See also the OGE/GOVT-1 executive branch-wide Privacy Act system of records.
Public Burden Information
This collection of information is estimated to take an average of three hours per response, including time for reviewing the instructions, gathering the data needed, and
completing the form. Send comments regarding the burden estimate or any other aspect of this collection of information, including suggestions for reducing this
burden, to the Program Counsel, U.S. Office of Government Ethics (OGE), Suite 500, 1201 New York Avenue, NW., Washington, DC 20005-3917.
Pursuant to the Paperwork Reduction Act, as amended, an agency may not conduct or sponsor, and no person is required to respond to, a collection of information
unless it displays a currently valid OMB control number (that number, 3209-0001, is displayed here and at the top of the first page of this OGE Form 278e).