Nicholas Kent

Reported Asset Values
$269K–$660K

The data on this page comes from a financial disclosure filed by Nicholas Kent, who was picked to be: Under Secretary of Education, Department of Education. 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)

OrganizationPosition heldEndnoteLine No.
Dulles Advisory Group, LLCManaging Director, 8/2016 - PresentDormant since November 2017.1
TRUMP VANCE 2025 TRANSITION, INC.Volunteer, 9/2024 - 1/2025Uncompensated.2
Commonwealth of VirginiaDeputy Secretary of Education, Office of the Secretary of Education, Office of the Governor, 9/2023 - 1/20253
CECU Research FoundationPresident, 8/2022 - 9/2023Uncompensated.4
Career Education Colleges & UniversitiesChief Policy Officer, 6/2022 - 9/20235
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Commonwealth of Virginia$168KSalary1
Virginia Retirement System, Optional Retirement Plan for Political Appointees account2
Target Date 2050 Portfolio$15,001 - $50,000None (or less than $201)2.1
Career Education Colleges & Universities, 401(k) profit-sharing plan account3
Vanguard Target Retirement 2050 Fund - Investor Shares (VFIFX)$100K - $250KNone (or less than $201)3.1
Career Education Colleges & Universities, 457 plan account4
Vanguard LifeStrategy Moderate Growth Fund - Investor Shares (VSMGX)$50,001 - $100KNone (or less than $201)4.1
District of Columbia, 457(b) Deferred Compensation Plan account5
Vanguard Target Retirement 2050 Trust I$1,001 - $15,000None (or less than $201)5.1
Education Affiliates, Inc., 401(k) plan account6
Vanguard Target Retirement 2045 Fund - Investor Shares (VTIVX)$50,001 - $100KNone (or less than $201)6.1
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)

OrganizationAgreementEndnoteLine No.
Virginia Retirement SystemI continue to retain the Optional Retirement Plan for Political Appointees. The plan sponsor ceased making contributions at my separation. (2024-11-01)1
Virginia Retirement SystemI continue to retain the COV 457 Deferred Compensation Plan. The plan sponsor ceased making contributions at my separation. (2024-11-01)Underlying asset(s) are below Part 2 reporting thresholds.2
Virginia Retirement SystemI continue to retain the Virginia Cash Match Plan. The plan sponsor ceased making contributions at my separation. (2024-11-01)Underlying asset(s) are below Part 2 reporting thresholds.3
Dulles Advisory Group, LLCThe company will remain dormant during my appointment. (2017-11-01)4
Career Education Colleges & UniversitiesI continue to retain the 401(k) profit-sharing plan. The plan sponsor ceased making contributions at my separation. (2017-11-01)5
Career Education Colleges & UniversitiesI continue to retain the 457 plan. The plan sponsor ceased making contributions at my separation. (2017-11-01)6
District of ColumbiaI continue to retain the 457(b) Deferred Compensation Plan. The plan sponsor ceased making contributions at my separation. (2016-01-01)7
Education Affiliates, Inc.I continue to retain the 401(k) plan. The plan sponsor ceased making contributions at my separation. (2008-03-01)8
Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
Commonwealth of VirginiaDeputy Secretary of Education, Office of the Secretary of Education, Office of the Governor1
Career Education Colleges & UniversitiesChief Policy Officer2
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
U.S. Bank (Cash)$50,001 - $100KNone (or less than $201)1
Oil and gas lease, Marshall County, WV - American Shale Development, Inc., and Republic Energy Ventures, LLC (value not readily ascertainable)None (or less than $201)2
U.S. Brokerage account3
Ishares Core S&P Mid-Cap ETF (IJH)$1,001 - $15,000None (or less than $201)3.1
iShares Core MSCI Total International Stock ETF (IXUS)$1,001 - $15,000None (or less than $201)3.2
Vanguard 500 Index Fund - ETF Shares (VOO)$1,001 - $15,000None (or less than $201)3.3

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