Kurt D. Delbene
Assistant Secretary for Information and Technology
Observations
- Millionaire
Estimated Net Worth
- $67.2 M - $276.5 M
Salary
- Unknown
Employment
- Started 12/17/2021
Records
Financial Disclosure Details - OGE Form 278e (08/03/2021)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Redmond, Washington | Executive Vice President | Present | |
2 | Boston, Massachusetts | Member, Board of Trustees | Present | |
3 | Seattle, Washington | Member, Board of Directors | Present | |
4 | Portland, Oregon | Member, Board of Trustees | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Microsoft Corporation, unvested restricted stock units | $5,000,001 - $25,000,000 | None (or less than $201) | |
2 | Microsoft Corporation, deferred compensation: cash receivable | |||
2.1 | Vanguard FTSE All-World ex-US Index Fund Institutional Shares | $1,000,001 - $5,000,000 | None (or less than $201) | |
2.2 | PIMCO Dynamic Bond Fund Institutional Class | $1,000,001 - $5,000,000 | None (or less than $201) | |
2.3 | Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares (VFSAX) | $1,000,001 - $5,000,000 | None (or less than $201) | |
2.4 | Vanguard Mid-Cap Index Fund Admiral Shares | $1,000,001 - $5,000,000 | None (or less than $201) | |
2.5 | Vanguard Short-Term Bond Index Fund Institutional Plus Shares | $1,000,001 - $5,000,000 | None (or less than $201) | |
2.6 | Vanguard Institutional Index Fund Institutional Plus Shares | $250,001 - $500,000 | None (or less than $201) | |
2.7 | Fid GR Co Pool CL3 | $1,000,001 - $5,000,000 | None (or less than $201) | |
3 | Microsoft Corporation (Information Technology Products and Services) | Salary and Bonus | $2,568,750 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Redmond, Washington | Pursuant to the company’s executive compensation plan, my unvested restricted stock units will begin to vest every six months beginning in August 2021, with the remaining units vesting every February and August until the final units vest in August 2024. Upon vesting, the restricted stock units are converted to common stock. | 4/2015 | |
2 | Redmond, Washington | I will continue to participate in this deferred compensation plan. Funds will begin to be distributed over a number of years, starting upon my retirement from the company. The plan sponsor will not make further contributions after my separation. | 4/2015 | |
3 | Redmond, Washington | The account is used to purchase ESPP shares in Microsoft. The cash balance will be returned to me upon my departure from Microsoft. My participation in the employee stock purchase plan will cease upon my separation from the company. | 4/2015 | |
4 | Dallas, Texas | I will continue to participate in this defined benefit plan. | 6/1982 | |
5 | Redmond, Washington | Pursuant to my employment agreement, I will receive a performance-based bonus for services rendered in the company’s fiscal year 2021. | 4/2015 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Redmond, Washington | Executive responsible for corporate strategy and our internal systems development and common business processes, such as processing customer contracts. |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | IRA | |||
1.1 | Columbia Pacific Income Fund II | $500,001 - $1,000,000 | None (or less than $201) | |
1.2 | SPDR S&P 500 (SPY) | $100,001 - $250,000 | None (or less than $201) | |
1.3 | Fidelity Gov't Sweep Money Fund | $15,001 - $50,000 | None (or less than $201) | |
2 | SEP IRA | |||
2.1 | SPDR S&P 500 (SPY) | $15,001 - $50,000 | None (or less than $201) | |
2.2 | Fidelity Gov't Sweep Money Fund | $15,001 - $50,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Alkeon Growth Partners LP | $500,001 - $1,000,000 | None (or less than $201) | |
2 | BalFour Place Investors, LLC | $1,000,001 - $5,000,000 | None (or less than $201) | |
3 | Columbia Pacific Income Fund II | $5,000,001 - $25,000,000 | $100,001 - $1,000,000 | |
4 | EJF Specialty Finance Solutions Fund | $50,001 - $100,000 | None (or less than $201) | |
5 | Equilibrium WWOF II | $15,001 - $50,000 | None (or less than $201) | |
6 | Fidelity Gov't Sweep Money Fund | $100,001 - $250,000 | $201 - $1,000 | |
7 | Fidelity Gov't Sweep Money Fund | $5,000,001 - $25,000,000 | $15,001 - $50,000 | |
8 | Fidelity Gov't Sweep Money Fund | $15,001 - $50,000 | None (or less than $201) | |
9 | Cornerstone Multifamily Income Fund | None (or less than $1,001) | $5,001 - $15,000 | |
10 | Fidelity S&P 500 Index | None (or less than $1,001) | $1,001 - $2,500 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Equilibrium WWOF | $500,001 - $1,000,000 | 2020 | On Demand |
2 | Redwood Kairos Real Estate Fund VIII | $1,000,001 - $5,000,000 | 2020 | On Demand |
3 | Security Properties 5819 Glisan Fund, LLC | $15,001 - $50,000 | 2017 | On Demand |
4 | Security Properties Multi-Family Fund VI, LLC | $1,000,001 - $5,000,000 | 2021 | On Demand |
5 | Vision Ridge Sustainable Asset Fund III, LP | $1,000,001 - $5,000,000 | 2021 | On Demand |
6 | Crosslink Ventures IX, LP | $500,001 - $1,000,000 | 2020 | On Demand |
7 | EJF Specialty Finance Solutions Fund | $250,001 - $500,000 | 2015 | On Demand |
8 | Goodwater Capital IV, LP | $250,001 - $500,000 | 2021 | On Demand |
9 | Goodwater Infinity II, LP | $500,001 - $1,000,000 | 2021 | On Demand |
10 | Gryphon Partners Fund IV | $15,001 - $50,000 | 2016 | On Demand |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
1 | 1 | Microsoft position ended in 9/2021 |
2 | 3 | This is salary for the period 1/1/2020 through August 3, 2021 and a close estimate of my bonus from September of 2020. |
2 | 8 | Bonus was received after the filer's signature date. |
3 | 3 | This payment has been received |
6 | 2 | Co-investment in multi-family housing building located in Seattle, Washington. |
6 | 3 | Commercial real estate lending fund |
6 | 4 | European focused specialty finance fund |
6 | 33 | Opportunistic real-estate strategy with income focus |
6 | 37 | Real estate fund |
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