Donald Korb

Status
Withdrawn
Reported Asset Values
$4.7M–$14M+

The data on this page comes from a financial disclosure filed by Donald Korb, who was picked to be: Chief Counsel for the Internal Revenue Service, Department of the Treasury. 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.
Sullivan & Cromwell LLPOf Counsel, 1/2016 - Present1
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.
Sullivan & Cromwell LLP (law firm)$25,620Of Counsel compensation based on hours worked.Entry reflects Of Counsel payments for (1) 2024 and (2) 2025 received up to the date of filing.1
DONALD LEE KORB INDIVIDUAL RETIREMENT ACCOUNT$64,529Cash Payment of Required Minimum Distribution2
FIDELITY GOVERNMENT CASH RESERVES (TICKER: FDDRX)$15,001 - $50,000None (or less than $201)2.1
GOVT NATL MTG ASSN POOL BOND #612936 5.50000% 07/15/2033 0.01504868$1,001 - $15,000None (or less than $201)2.2
GOVT NATL MTG ASSN II POOL BOND #3429 5.50000% 08/20/2033 0.01300800$1,001 - $15,000None (or less than $201)2.3
GOVT NATL MTG ASSN II POOL BOND #3443 5.50000% 09/20/2033 0.01308182$1,001 - $15,000None (or less than $201)2.4
GOVT NATL MTG ASSN II POOL BOND #3442 5.00000% 09/20/2033 0.01450344$1,001 - $15,000None (or less than $201)2.5
GOVT NATL MTG ASSN II POOL BOND #3515 5.50000% 02/20/2034 001319323$1,001 - $15,000None (or less than $201)2.6
GOVT NATL MTG ASSN II POOL BOND #3586 6.50000% 07/20/2034 0.01076225$1,001 - $15,000None (or less than $201)2.7
GOVT NATL MTG ASSN II POOL BOND #3611 6.00000% 09/20/2034 0.01196134$1,001 - $15,000None (or less than $201)2.8
GOVT NATL MTG ASSN II POOL BOND #3637 5.50000% 11/20/2034 0.01514816$1,001 - $15,000None (or less than $201)2.9
GOVT NATL MTG ASSN II POOL BOND #3702 5.50000% 4/20/2035 0.01897172$1,001 - $15,000None (or less than $201)2.10
GOVT NATL MTG ASSN II POOL BOND #3748 5.50000% 08/20/2035 0.01676416$1,001 - $15,000None (or less than $201)2.11
GOVT NATL MTG ASSN II POOL BOND #3794 4.50000% 12/20/2035 0.04159761$1,001 - $15,000None (or less than $201)2.12
GOVT NATL MTG ASSN POOL BOND #655532 5.50000% 05/15/2036 0.02514840$1,001 - $15,000None (or less than $201)2.13
GOVT NATL MTG ASSN II POOL BOND #684987 5.50000% 03/20/2038 .02968085$1,001 - $15,000None (or less than $201)2.14
GOVT NATL MTG ASSN II POOL BOND #4448 5.50000% 05/20/2039 0.02632698$1,001 - $15,000None (or less than $201)2.15
GOVT NATL MTG ASSN II POOL BOND #4467 4.00000% 06/20/2039 0.04710394$1,001 - $15,000None (or less than $201)2.16
GOVT NATL MTG ASSN II POOL BOND #4498 6.00000% 07/20/2039 0.03229728$1,001 - $15,000None (or less than $201)2.17
GOVT NATL MTG ASSN II POOL BOND #4539 4.0000% 09/20/2039 0.05660868$1,001 - $15,000None (or less than $201)2.18
GOVT NATL MTG ASSN II POOL BOND #4637 5.00000% 02/20/2040 0.03644390$1,001 - $15,000None (or less than $201)2.19
GOVT NATL MTG ASSN POOL BOND #732638 3.50000% 11/15/2040 0.04285985$1,001 - $15,000None (or less than $201)2.20
GOVT NATL MTG ASSN II POOL BOND #4922 4.00000% 01/20/2041 0.05592822$1,001 - $15,000None (or less than $201)2.21
GOVT NATL MTG ASSN II POOL BOND #4977 4.00000% 03/20/2041 0.06001533$1,001 - $15,000None (or less than $201)2.22
GOVT NATL MTG ASSN II POOL BOND #5258 3.50000% 12/20/2041 0,08101565$1,001 - $15,000None (or less than $201)2.23
GOVT NATL MTG ASSN II POOL BOND #5279 3.50000% 01/20/2042 0.08114086$1,001 - $15,000None (or less than $201)2.24
GOVT NATL MTG ASSN SER 2012-060 CL 0-YA BOND 2.00000% 05/16/2042 0.27304381$1,001 - $15,000None (or less than $201)2.25
GOVT NATL MTG ASSN II POOL BOND #MA0087 3.00000% 05/20/2042 0.09533140$1,001 - $15,000None (or less than $201)2.26
GOVT NATL MTG ASSN II POOL BOND #MA0317 3.00000% 08/20/2042 0.11405169$1,001 - $15,000None (or less than $201)2.27
GOVT NATL MTG ASSN II POOL BOND #MA0698 3.00000% 01/20/2043 0.12388663$1,001 - $15,000None (or less than $201)2.28
GOVT NATL MTG ASSN II POOL BOND #MA2072 3.00000% 07/20/2044 0.11091543$1,001 - $15,000None (or less than $201)2.29
GOVT NATL MTG ASSN II POOL BOND #MA2754 3.50000% 04/20/2045 0.08349560$1,001 - $15,000None (or less than $201)2.30
GOVT NATL MTG ASSN II POOL BOND #MA3033 3.00000% 08/20/2045 0.14848390$1,001 - $15,000None (or less than $201)2.31
GOVT NATL MTG ASSN II POOL BOND #MA3666 5.00000% 05/20/2046 0.09162976$1,001 - $15,000None (or less than $201)2.32
GOVT NATL MTG ASSN II POOL BOND #MA3736 3.50000% 06/20/2046 0.12291145$1,001 - $15,000None (or less than $201)2.33
US Bank #1 Certificate of Deposit$100K - $250KNone (or less than $201)2.34
US Bank #2 Certificate of Deposit$15,001 - $50,000None (or less than $201)2.35
United States Treasury Note$100K - $250KNone (or less than $201)2.36
United States Treasury Note$15,001 - $50,000None (or less than $201)2.37
US Bank #3 Certificate of Deposit$15,001 - $50,000None (or less than $201)US chartered bank subsidiary of Israeli bank2.38
US Bank #4 Certificate of Deposit$15,001 - $50,000None (or less than $201)2.39
US Bank #5 Certificate of Deposit$100K - $250KNone (or less than $201)2.40
US Bank #6 Certificate of Deposit$100K - $250KNone (or less than $201)2.41
US Bank #7 Certificate of Deposit$100K - $250KNone (or less than $201)2.42
US Bank #8 Certificate of Deposit$100K - $250KNone (or less than $201)2.43
US Bank #9 Certificate of Deposit$100K - $250KNone (or less than $201)2.44
US Bank #10 Certificate of Deposit$15,001 - $50,000None (or less than $201)2.45
US bank #11 Certificate of Deposit$100K - $250KNone (or less than $201)2.46
125 Broad Street Fund III LLC$15,001 - $50,000Capital Gains Dividends InterestInvestment fund--not sponsored by Sullivan & Cromwell LLP--but available to partners and of counsel of the firm and administered by three managers (current and former partners of Sullivan & Cromwell). Income data for this fund will not be available until August or September 2025; therefore, income amount is good faith estimate based on 2023 income. Received $31837 in 2024 distributions.3
Bain Capital Fund XI LP$15,001 - $50,0003.1
Bain Capital Europe Fund IV, L.P.$1,001 - $15,0003.2
Bain Capital Fund XII, L.P.$1,001 - $15,0003.3
Brentwood Associates Private Equity V, L.P.$1,001 - $15,0003.4
Centerbridge Capital Partners III, LP$15,001 - $50,0003.5
FFL Capital Partners IV, L.P.$15,001 - $50,0003.6
Hellman & Friedman Capital Partners VIII, LP$1,001 - $15,0003.7
Patria - Brazilian Private Equity Fund V, L.P.$1,001 - $15,0003.8
Lavoro Agrocomercial S.A. (trading company and distributors)3.8.1
NeoSecure S.A. (IT consulting and other services)3.8.2
Proteus Solucoes em Seguranca de Informacao LTDA (research and consulting services)3.8.3
Terraverde Holding S.A. (agricultural products and services)3.8.4
V J Farma LTDA (Drug Retail)3.8.5
Thoma Bravo Fund XI, L.P.$1,001 - $15,0003.9
Thoma Bravo Special Opportunities Fund II, L.P.$1,001 - $15,0003.10
Thoma Bravo Discover Fund, L.P.$1,001 - $15,0003.11
Warburg Pincus Private Equity XII, L.P. (HCP SPV)$1,001 - $15,0003.12
5AM Co-Investors IV, L.P.$1,001 - $15,0003.13
5AM Ventures V, L.P.$1,001 - $15,0003.14
DEFY Partners I, L.P.$1,001 - $15,0003.15
Formation 8 Partners Fund II, LP$1,001 - $15,0003.16
Freestyle Capital Fund III, L.P.$1,001 - $15,0003.17
Freestyle Capital Opportunity Fund, L.P.None (or less than $1,001)3.18
Freestyle Capital Fund IV, L.P.$1,001 - $15,0003.19
Venrock Healthcare Capital Partners II, LP$1,001 - $15,0003.20
Trevi Therapeutics Inc. Common Stock (TRVI)3.20.1
Astria Therapeutics Inc. Common Stock (ATXS)3.20.2
Cogent Biosciences Inc. Common Stock (COGT)3.20.3
Adverum Biotechnologies, Inc. (ADVM)3.20.4
Bellerophon Therapeutics Inc. Common Stock (BLPH)3.20.5
125 Broad Street Fund IV LLC$2,501 - $5,000Capital Gains Dividends Interest Rent or RoyaltiesInvestment fund--not sponsored by Sullivan & Cromwell LLP--but available to partners and of counsel of the firm and administered by three managers (current and former partners of the firm). Income data for this fund will not be available until August or September 2025; therefore, income amount is good faith estimate based on 2023 income.4
Avenir Growth Partners III, L.P.$1,001 - $15,0004.1
Avenir Growth Partners IV, L.P.$1,001 - $15,0004.2
Bain Capital Fund XIII, LP$15,001 - $50,0004.3
Berkshire Fund X, L.P.$15,001 - $50,0004.4
Brighton Park Capital Fund I, L.P.$1,001 - $15,0004.5
General Atlantic Investment Partners 2019, L.P.$15,001 - $50,0004.6
Searchlight Capital III, L.P.$15,001 - $50,0004.7
Thoma Bravo Discover Fund III, L.P.$15,001 - $50,0004.8
Thoma Bravo Fund XIV, L.P.$15,001 - $50,0004.9
5AM Opportunities II, L.P.$1,001 - $15,0004.10
5AM Ventures VII, L.P.$1,001 - $15,0004.11
Basis Set Ventures II, L.P.$1,001 - $15,0004.12
Forerunner Partners V, L.P.$1,001 - $15,0004.13
Freestyle Capital Fund V, L.P.$1,001 - $15,0004.14
Freestyle Capital Opportunity Fund III, L.P.$1,001 - $15,0004.15
Freestyle Capital Fund VI, L.P.$1,001 - $15,0004.16
Pace Capital Fund I, L.P.$1,001 - $15,0004.17
Pace Capital Fund II, L.P.$1,001 - $15,0004.18
Walkabout Ventures Fund II LP$1,001 - $15,0004.19
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.
Sullivan & Cromwell, LLPInvestor in 125 Broad Street Fund III LLC. I will continue to participate in this investment program which is made available to partners and Of Counsel of the firm. The funds in which I am invested are not acquiring new assets. By agreement, former partners and Of Counsel are required to retain their positions in the funds. (2013-11-01)1
Sullivan & Cromwell, LLPInvestor in 125 Broad Street Fund IV, LLC. I will continue to participate in this investment program which is made available to partners and Of Counsel of the firm. The funds in which I am invested are not acquiring new assets. By agreement, former partners and Of Counsel are required to retain their positions in the funds. (2019-07-01)2
Compensation

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

OrganizationDescriptionEndnoteLine No.
Sullivan & Cromwell LLPLegal services1
JPMorgan Chase & Co. (client of Sullivan & Cromwell LLP)Legal services2
RELX Group plc. (client of Sullivan & Cromwell LLP)Legal services3
Sumitomo Metal Minig Co. Ltd. (client of Sullivan & Cromwell LLP)Legal services4
Spouse’s Assets

Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Individual Retirement Account$3,075Cash payment of Minimum Required Distribution1
AMERICAN BALANCED CLASS F1 (TICKER: BALFX)$50,001 - $100KNone (or less than $201)1.1
State Teachers Retirement Pension Funds of Ohio, defined benefit plan (value not readily ascertainable)Retirement Payments2
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.
US bank #13 Checking Account$15,001 - $50,000None (or less than $201)1
US bank #20 Checking Account$1,001 - $15,000None (or less than $201)2
US bank #13 Savings Account$1,001 - $15,000None (or less than $201)3
US bank #13 Savings AccountNone (or less than $1,001)$201 - $1,000Interest4
US bank #13 Savings Account$1,001 - $15,000$1,001 - $2,500Interest5
US bank #21 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest6
US bank #17 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest7
US bank #22 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest8
US bank #23 Certificate of Deposit$100K - $250K$201 - $1,000Interest9
US bank #23 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest10
US bank #24 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest11
US bank #22 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest12
US bank #25 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest13
US bank #13 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest14
US bank #26 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest15
US bank #23 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest16
US bank #27 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest17
US bank #13 Certificate of Deposit$100K - $250K$201 - $1,000Interest18
US bank #28 Certificate of Deposit$100K - $250K$5,001 - $15,000Interest19
US bank #20 Certificate of Deposit$100K - $250K$2,501 - $5,000Interest20
US bank #13 Certificate of Deposit$100K - $250K$1,001 - $2,500Interest21
Northwestern Mutual Life Whole Life Policy #1$1M - $5MNone (or less than $201)22
Northwestern Mutual Life Whole Life Policy #2$100K - $250KNone (or less than $201)23
Art held for investment$15,001 - $50,000None (or less than $201)24
US postage stamps held for investment$15,001 - $50,000None (or less than $201)25
Sports collectibles held for investment$250K - $500KNone (or less than $201)26
Theater collectibles held for investment$100K - $250KNone (or less than $201)27
Model Train collectibles held for investment$15,001 - $50,000None (or less than $201)28
US Savings BondsNone (or less than $1,001)$100K - $1MInterest29
US bank # 29 Certificate of DepositNone (or less than $1,001)$2,501 - $5,000Interest30
US bank #11 Certificate of DepositNone (or less than $1,001)$5,001 - $15,000Interest31
US bank #26 Certificate of DepositNone (or less than $1,001)$5,001 - $15,000Interest32
US bank #30 Certificate of DepositNone (or less than $1,001)$2,501 - $5,000Interest33
US bank #28 Certificate of DepositNone (or less than $1,001)$5,001 - $15,000Interest34
US Joint Brokerage Account35
EVERCORE INC CLASS A COMMON STOCK (TICKER: EVR)$1,001 - $15,000None (or less than $201)35.1
JOHNSON &JOHNSON COMMON STOCK (TICKER: JNJ)$1,001 - $15,000None (or less than $201)35.2
MANHATTAN ASSOCIATES INC COMMON STOCK (TICKER: MANH)$1,001 - $15,000None (or less than $201)35.3
SCHLUMBERGER LIMITED COMMON STOCK (TICKER: SLB)$1,001 - $15,000None (or less than $201)35.4
SYSCO CORP COMMON STOCK (TICKER: SYY)$1,001 - $15,000None (or less than $201)35.5
JPMorgan Growth Advantage Fund Class I Shares (JGASX)$250K - $500K$1,001 - $2,50035.6
MORGAN STANLEY INTL ADVANTAGE CL I (TICKER: MFAIX)$250K - $500K$15,001 - $50,00035.7
MFS International Intrinsic Value Fund Class I Shares (TICKER: MINIX)$100K - $250K$15,001 - $50,00035.8
NEUBERGER BERMAN LONG SHORT INSTL (TICKER: NLSIX)$100K - $250KNone (or less than $201)35.9
Oakmark Fund Institutional Class Shares (TICKER: OANMX)$250K - $500K$2,501 - $5,00035.10
PRINCIPAL SMALL CAP FUND INSTL (TICKER: PSLIX)$250K - $500K$5,001 - $15,00035.11
PGIM SELECT REAL ESTATE FUND CL Z (TICKER: SREZX)$100K - $250K$1,001 - $2,50035.12
WILLIAM BLAIR FD EMER MKT GROWTH CL I (TICKER: BESIX)$100K - $250KNone (or less than $201)35.13
US Bank #31 Certificate of Deposit$1,001 - $15,000None (or less than $201)35.14
US Bank #32 Certificate of Deposit$15,001 - $50,000$201 - $1,000Interest35.15
US Joint Brokerage Account #236
US TREAS SEC STRIPPED INT PMT ZERO COUPON$15,001 - $50,000$1,001 - $2,500Interest36.1
Liabilities

Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)

CreditorDescriptionEndnoteLine No.
125 Broad Street Fund III LLCtype: Remaining Capital Commitment, amount: $50,001 - $100,000, year-incurred: 2013, term: Life of Fund1
125 Broad Street Fund IV LLCtype: Remaining Capital Commitment, amount: $15,001 - $50,000, year-incurred: 2019, term: Life of Fund2

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