Chiraag Bains
Deputy Assistant to the President for Racial Justice and Equity (Departed Administration)
Estimated Net Worth
- $866 K - $2.3 M
Salary
- $130 K
Employment
- Departed 03/17/2023
Departed Administration
- Yes
Financial Disclosure Details - OGE Form 278e (04/28/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Washington, District of Columbia | Director of Legal Strategies | 1/2021 | |
2 | Washington, District of Columbia | Board Member | 3/2021 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Demos | Salary | $14,983 | |
2 | Evergreen Strategy Group (Consulting) | Consulting Fees | $975 | |
3 | Demos, 403(b) plan: | |||
3.1 | Mutual of America, variable annuity | |||
3.1.1 | DWS Capital Growth VIP | $15,001 - $50,000 | None (or less than $201) | |
3.1.2 | Mutual of America 2045 Retirement Fund | $50,001 - $100,000 | None (or less than $201) | |
4 | SEP IRA | |||
4.1 | Vanguard Total Stock Market Index Fund ETF Class Shares (VTI) | $1,001 - $15,000 | None (or less than $201) | |
5 | Roth IRA | |||
5.1 | Vanguard 500 Index Fund Admiral Shares (VFIAX) | $1,001 - $15,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | New York, New York | I will continue to participate in this defined contribution plan. Pursuant to standard policy that applies to current and separated employees, I will receive a payout into my 403(b) account of the employer contribution that accrued to me for my service in 2020 in approximately June 2021 and that accrued to me for my service in January 2021 (before my separation from Demos) in approximately June 2022. I will not receive any further employer contributions beyond these two payouts that accrued to me and were fixed prior to the start of my federal service. | 2/2018 |
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 |
|---|---|---|---|---|
1 | Relman Colfax PLLC (Public interest law firm) | partnership share | ||
2 | Relman Colfax, 401(k) plan: | |||
2.1 | ABA 2045 Retirement Fund | $250,001 - $500,000 | None (or less than $201) | |
2.2 | ABA Large-Cap Index Equity Fund | $50,001 - $100,000 | None (or less than $201) | |
2.3 | ABA Small-Mid Cap Index Equity Fund | $100,001 - $250,000 | None (or less than $201) | |
2.4 | ABA Bond Core Plus Fund | $15,001 - $50,000 | None (or less than $201) | |
3 | Roth IRA | |||
3.1 | Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) | $1,001 - $15,000 | None (or less than $201) | |
3.2 | Vanguard STAR Fund Investor Shares (VGSTX) | $1,001 - $15,000 | None (or less than $201) | |
3.3 | Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $50,001 - $100,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank #1 | $100,001 - $250,000 | None (or less than $201) | |
2 | U.S. bank #2 | $50,001 - $100,000 | None (or less than $201) | |
3 | Vanguard Extended Market Index Fund Admiral Shares (VEXAX) | $1,001 - $15,000 | None (or less than $201) | |
4 | Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX) | $15,001 - $50,000 | $201 - $1,000 | |
5 | Vanguard Health Care Index Fund ETF Class Shares (VHT) | $1,001 - $15,000 | None (or less than $201) | |
6 | Health Care Select Sector SPDR Fund (XLV) | $1,001 - $15,000 | None (or less than $201) | |
7 | Berkshire Hathaway Inc. (BRKB) | None (or less than $1,001) | $15,001 - $50,000 | |
8 | Vanguard Total World Stock Index Fund ETF Class Shares (VT) | $15,001 - $50,000 | $201 - $1,000 | |
9 | Western Midstream (WES) | None (or less than $1,001) | $15,001 - $50,000 | |
10 | Occidental Petroleum Corp. (OXY) | None (or less than $1,001) | $5,001 - $15,000 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
1 | T Rowe PriceGlobal Technology Fund, Inc (PRGTX) | Purchase | 09/27/2021 | $1,001 - $15,000 |
2 | iShares Preferred and Income Securities ETF (PFF) | Purchase | 09/27/2021 | $1,001 - $15,000 |
3 | Vanguard Growth Index Fund ETF Class Shares (VUG) | Purchase | 09/27/2021 | $15,001 - $50,000 |
4 | Proshares Ultra MidCap400 (MVV) | Purchase | 09/27/2021 | $1,001 - $15,000 |
5 | Proshares UltraPro QQQ (TQQQ) | Purchase | 09/27/2021 | $1,001 - $15,000 |
6 | Vanguard Small-Cap Index Fund ETF Shares (VB) | Purchase | 09/27/2021 | $1,001 - $15,000 |
7 | Berkshire Hathaway Inc. (BRKB) | Sale | 07/29/2021 | $15,001 - $50,000 |
8 | Western Midstream | Sale | 07/28/2021 | $15,001 - $50,000 |
9 | Occidental Petroleum Corp. (OXY) | Sale | 07/28/2021 | $1,001 - $15,000 |
10 | American Airlines Group, Inc. (AAL) | Sale | 07/28/2021 | $1,001 - $15,000 |
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 | The filer resigned from this position in March 2021. |
2 | 2 | Payments received in 2021 after filer left Evergreen Strategy Group. |
2 | 5.5 | Vanguard changed this fund. It was previously called Vanguard Prime Money Market Fund Investor Shares (VMMXX). |
6 | 22 | There are no underlying assets in this UTMA, just cash. |
6 | 23 | There are no underlying assets in this UTMA, just cash. |
Do you have information about Chiraag Bains that is missing from this database?
Drop us a line at [email protected].