Tarak N. Makecha
The data on this page comes from a financial disclosure filed by Tarak N. Makecha, who was picked to be: Senior Advisor, Office of Personnel Management in February, 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)
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. |
|---|---|---|---|---|---|
| SkySafe Inc. (Drone Airspace Technology Startup) | $439K | Salary | 1 | ||
| SkySafe Inc. (Drone Airspace security Technology Startup), stock options (value not readily ascertainable): 250,000 options. 156,250 options vested. No further vesting. 249,998 exercisable. 2 exercised. Expiration date unknown. Exercise price estimated at $1.15 as of this writing. | None (or less than $1,001) | None (or less than $201) | 1.1 | ||
| SkySafe Inc. 401(k) | 1.2 | ||||
| Vanguard Target Retire 2050 Trust Select | $250K - $500K | None (or less than $201) | 1.2.1 | ||
| Roth IRA | 2 | ||||
| BANK OF AMERICA, NA RASP Money Market Fund (IIAXX) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| The Walt Disney Co. (DIS) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| Invesco QQQ Trust, Series 1 (QQQ) | $15,001 - $50,000 | None (or less than $201) | 2.3 | ||
| iShares Morningstar Mid-Cap ETF iShares Morningstar Mid-Cap ETF (IMCB) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| PIMCO Active Bond Exchange-Traded Fund (BOND) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| SPDR S&P 500 ETF TRUST (SPY) | $15,001 - $50,000 | None (or less than $201) | 2.6 | ||
| Vanguard Developed Markets Index Fund ETF Shares (VEA) | $1,001 - $15,000 | None (or less than $201) | 2.7 | ||
| Vanguard Small-Cap Index Fund ETF Shares (VB) | $1,001 - $15,000 | None (or less than $201) | 2.8 | ||
| Vanguard Total World Stock Index Fund ETF Shares (VT) | $1,001 - $15,000 | None (or less than $201) | 2.9 | ||
| Third Bridge Inc. | $1,175 | Consulting Fees | 3 | ||
| Guidepoint | $1,150 | Consulting Fees | 4 |
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. |
|---|---|---|---|
| SkySafe Inc. | Typically I would lose my unexercised options 90 days after leaving the company. It is unclear if the board will grant me an extension to that 90 days. I would expect to know in the next few months. I do not expect the exercise the options unless there is a liquidity event, the timing and probability of which is unknown. (2022-07-01) | 1 | |
| SkySafe Inc. | I will continue to participate in this defined contribution plan, but the plan sponsor no longer makes contributions. (2022-07-01) | 2 |
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. |
|---|---|---|---|
| SkySafe Inc. | Services as CFO | 1 |
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)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Midwives of NJ (Midwifery) | salary | 1 | |||
| 403B | 1.1 | ||||
| Fidelity Freedom Blend 2050 Fund Premier Class (FFBWX) | $100K - $250K | None (or less than $201) | 1.1.1 | ||
| IRA | 2 | ||||
| iShares Core MSCI Total International Stock ETF (IXUS) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| ISHARES Core S&P Small-Cap ETF (IJR) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| SPDR Bloomberg Barclays High Yield Bond ETF (JNK) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| SPDR PortfolioEmerging Markets ETF (SPEM) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| SPDR Portfolio Developed World ex-US ETF (SPDW) | $1,001 - $15,000 | None (or less than $201) | 2.6 | ||
| SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) | $1,001 - $15,000 | None (or less than $201) | 2.7 | ||
| SPDR PORTFOLIO S&P 500 ETF (SPLG) | $15,001 - $50,000 | None (or less than $201) | 2.8 | ||
| SPDR PORTFOLIO S&P 600 SMALL CAP ETF (SPSM) | $1,001 - $15,000 | None (or less than $201) | 2.9 | ||
| SPDR S&P 500 ETF TRUST (SPY) | $1,001 - $15,000 | None (or less than $201) | 2.10 | ||
| SPDR S&P International Small Cap ETF (GWX) | $1,001 - $15,000 | None (or less than $201) | 2.11 | ||
| SPDR SSgA Fixed Income Sector Rotation ETF (XLSR) | $1,001 - $15,000 | None (or less than $201) | 2.12 | ||
| VanguardPacific Stock Index FundVanguard FTSEPacific ETF Shares (VPL) | $1,001 - $15,000 | None (or less than $201) | 2.13 | ||
| Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares (VSS) | $1,001 - $15,000 | None (or less than $201) | 2.14 | ||
| American Funds Growth Portfolio Class F3 Shares (GWPDX) | $1,001 - $15,000 | None (or less than $201) | 2.15 | ||
| T Rowe Price Capital Appreciation Fund Class I Shares (TRAIX) | $1,001 - $15,000 | None (or less than $201) | 2.16 |
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. |
|---|---|---|---|---|---|
| Managed account | 1 | ||||
| Communication Services Select Sector SPDR Fund (XLC) | $1,001 - $15,000 | $1,001 - $2,500 | 1.1 | ||
| Consumer Discretionary Select Sector SPDR Fund (XLY) | $1,001 - $15,000 | $1,001 - $2,500 | 1.2 | ||
| First Trust Cloud Computing ETF (SKYY) | $1,001 - $15,000 | $201 - $1,000 | 1.3 | ||
| Global X US Infrastructure Development ETF (PAVE) | $1,001 - $15,000 | None (or less than $201) | 1.4 | ||
| Health Care Select Sector SPDR Fund (XLV) | $1,001 - $15,000 | $201 - $1,000 | 1.5 | ||
| INVESCO KBW BANK ETF (KBWB) | $1,001 - $15,000 | $201 - $1,000 | 1.6 | ||
| iShares 20+ Year Treasury Bond ETF (TLT) | $1,001 - $15,000 | None (or less than $201) | 1.7 | ||
| Fidelity Contrafund (FCNTX) | $50,001 - $100K | $1,001 - $2,500 | 2 | ||
| Tesla, Inc. (TSLA) | $50,001 - $100K | None (or less than $201) | 3 | ||
| Utah 529 Account DC1 | 4 | ||||
| Target Enrollment 2040/2041 Investment Option (UTANX) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| Utah 529 Account DC2 | 5 | ||||
| Target Enrollment 2038/2039 Investment Option (UTAMX) | $15,001 - $50,000 | None (or less than $201) | 5.1 | ||
| BROKERAGE ACCOUNT | 6 | ||||
| Fidelity Health Care Services Portfolio (FSHCX) | $15,001 - $50,000 | $201 - $1,000 | 6.1 | ||
| Fidelity Telecommunications Portfolio (FSTCX) | $1,001 - $15,000 | $201 - $1,000 | 6.2 | ||
| U.S. Bank #1 (Cash) | $50,001 - $100K | None (or less than $201) | 7 | ||
| U.S. Bank #2 (Cash) | $50,001 - $100K | None (or less than $201) | 8 |


