Emily Chen
The data on this page comes from a financial disclosure filed by Emily Chen, who was picked to be: Senior Advisor, Department of Health & Human Services in April, 2025. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| Rubicon Founders | Vice President, 1/2023 - Present | 1 |
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Rubicon Founders | $668K | Salary/Bonus | 1 | ||
| Roth IRA | 2 | ||||
| FIDELITY 500 INDEX FUND (FXAIX) | $100K - $250K | None (or less than $201) | 2.1 | ||
| iShares Core S&P 500 ETF (IVV) | $50,001 - $100K | None (or less than $201) | 2.2 | ||
| Rubicon Founders Fund I, carried interest (value not readily ascertainable): 20% of profits over 8% hurdle rate | None (or less than $1,001) | None (or less than $201) | 3 | ||
| Imagine Pediatrics Class C Units | $1,001 - $15,000 | None (or less than $201) | Intentionally overreported because of potential conflict | 4 | |
| Indigo Technologies Class C Units | None (or less than $1,001) | None (or less than $201) | Intentionally overreported because of potential conflict | 5 | |
| Rubicon Founders Fund II, carried interest (value not readily ascertainable): 20% of profits over 8% hurdle rate | None (or less than $1,001) | None (or less than $201) | 6 | ||
| Profound Research LLC Class C Units | None (or less than $1,001) | None (or less than $201) | Intentionally overreported because of potential conflict | 7 |
Employment Agreements
Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| Rubicon Founders | I hold both carried interest in Rubicon Fund I and Rubicon Fund II and direct profit units in individual portfolio companies. I retain vested portions. Unvested portions of the profit units and carried interest in different companies receive distinct treatment depending on the negotiated legal agreements. (2023-01-01) | 1 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
| Organization | Description | Endnote | Line No. |
|---|---|---|---|
| Rubicon Founders | Services as Vice President | 1 |
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| U.S. Brokerage Money Market Account (cash) | $15,001 - $50,000 | None (or less than $201) | 1 | ||
| U.S. brokerage account: | 2 | ||||
| iShares Core S&P 500 ETF (IVV) | $500K - $1M | None (or less than $201) | 2.1 | ||
| Vanguard 500 Index Fund Admiral Shares (VFIAX) | $250K - $500K | None (or less than $201) | 2.2 | ||
| Vanguard 500 Index Fund ETF Shares (VOO) | $100K - $250K | None (or less than $201) | 2.3 | ||
| U.S. Bank (Cash) | $1,001 - $15,000 | None (or less than $201) | 3 |




