Brad Smith
The data on this page comes from a financial disclosure filed by Brad Smith, who was picked to be: Senior Advisor, Bureau of Global Health, Department of State. 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. |
|---|---|---|---|
| Studio Bank | Founders' Advisory Board Member, 9/2017 - 1/2020 | 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. |
|---|---|---|---|---|---|
| Third-party escrow account with SRS Acquiom, Inc. (due to sale of Aspire Health. Inc., to Anthem, Inc.) | None (or less than $1,001) | $5M or more | Capital Gains | 1 | |
| Anthem, Inc., 401(k) plan | 2 | ||||
| Vanguard Target Retirement 2045 Fund (VTIVX) | $15,001 - $50,000 | None (or less than $201) | 2.1 | ||
| Filer's IRA #1 | 3 | ||||
| U.S. Brokerage Money Market Account (cash) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| VANGUARD S&P 500 ETF (VOO) | $15,001 - $50,000 | None (or less than $201) | 3.2 | ||
| Goldman Sachs High Yield Fund, Institutional Class (GGMPX) | $1,001 - $15,000 | None (or less than $201) | 3.3 | ||
| Goldman Sachs Small Cap Value Insights Fund, Class P (GSXPX) | $1,001 - $15,000 | None (or less than $201) | 3.4 | ||
| Goldman Sachs GQG Partners International Opportunities Fund, Class P (GGIPX) | $1,001 - $15,000 | None (or less than $201) | 3.5 | ||
| Goldman Sachs Emerging Markets Equity Fund, Class P (GAHPX) | $1,001 - $15,000 | None (or less than $201) | 3.6 | ||
| Filer's IRA #2 | 4 | ||||
| U.S. Brokerage Money Market Account (cash) | $1,001 - $15,000 | None (or less than $201) | 4.1 | ||
| VANGUARD S&P 500 ETF (VOO) | $15,001 - $50,000 | None (or less than $201) | 4.2 | ||
| Goldman Sachs High Yield Fund, Institutional Class (GGMPX) | $1,001 - $15,000 | None (or less than $201) | 4.3 | ||
| Goldman Sachs Small Cap Value Insights Fund, Class P (GSXPX) | $1,001 - $15,000 | None (or less than $201) | 4.4 | ||
| Goldman Sachs GQG Partners International Opportunities Fund, Class P (GGIPX) | $1,001 - $15,000 | None (or less than $201) | 4.5 |
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. |
|---|---|---|---|
| Anthem, Inc. | I continue to retain this 401(k) plan. The plan sponsor no longer makes contributions. (2019-01-01) | 1 | |
| SRS Acquiom, Inc. | Former escrow account with SRS Acquiom, Inc., was from the sale of Aspire Health, Inc. Under the provisions of the purchase plan with Anthem, Inc., funds were being held in escrow for unforeseen costs and liabilities for matters predating the sale. The account was also used to incentivize me to remain employed at Anthem, Inc., through December 18, 2019, after which Anthem, Inc., had 30 days to release the final holdback payment. This final holdback payment was released on January 2, 2020, and it arrived into my account on January 6, 2020. (2018-06-01) | 2 | |
| Anthem, Inc. | See line 2 above. (2018-06-01) | 3 | |
| Aspire Health, Inc. | See line 2 above. (2018-06-01) | 4 |
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. |
|---|---|---|---|---|---|
| K-12 educational consulting, sole proprietor | Consulting Fees | 1 | |||
| Spouse's IRA #1 | 2 | ||||
| Vanguard Mid-Cap ETF (VO) | $1,001 - $15,000 | None (or less than $201) | 2.1 | ||
| VANGUARD GROWTH ETF (VUG) | $1,001 - $15,000 | None (or less than $201) | 2.2 | ||
| VANGUARD VALUE ETF (VTV) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| ISHARES CORE MSCI EAFE ETF (IEFA) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| ISHARES Core MSCI Emerging Markets ETF (IEMG) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| Vanguard Large-Cap ETF (VV) | $1,001 - $15,000 | None (or less than $201) | 2.6 | ||
| Financial Select Sector SPDR Fund (XLF) | $1,001 - $15,000 | None (or less than $201) | 2.7 | ||
| ISHARES MSCI EAFE ETF (EFA) | $1,001 - $15,000 | None (or less than $201) | 2.8 | ||
| ISHARES Core S&P Small-Cap ETF (IJR) | $1,001 - $15,000 | None (or less than $201) | 2.9 | ||
| U.S. Brokerage Money Market Account (cash) | $1,001 - $15,000 | None (or less than $201) | 2.10 | ||
| iShares MSCI China ETF (MCHI) | $1,001 - $15,000 | None (or less than $201) | This asset was not reported in the 2020 new entrant public financial disclosure report because its value was not more than $1,000 at the end of the reporting period and no income was received from the asset during the reporting period. MS. | 2.11 | |
| Spouse's IRA #2 | 3 | ||||
| U.S. Brokerage Money Market Account (cash) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| VANGUARD S&P 500 ETF (VOO) | $1,001 - $15,000 | None (or less than $201) | 3.2 | ||
| Goldman Sachs Small Cap Value Insights Fund, Class P (GSXPX) | $1,001 - $15,000 | None (or less than $201) | 3.3 | ||
| Goldman Sachs GQG Partners International Opportunities Fund, Class P (GGIPX) | $1,001 - $15,000 | None (or less than $201) | 3.4 |
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. |
|---|---|---|---|---|---|
| RSV QOF V | 1 | ||||
| 613 NW 3rd Ave, LLC | 1.1 | ||||
| Residential real estate, Fort Lauderdale, FL | $250K - $500K | None (or less than $201) | 1.1.1 | ||
| EJF OpZone Fund I, LP (pooled real estate investment fund) | $100K - $250K | None (or less than $201) | 2 | ||
| Studio Bank (financial services) | $50,001 - $100K | None (or less than $201) | 3 | ||
| MMAC HNW Rock Hill Holdings, LLC | 4 | ||||
| Commercial real estate, Rock Hill, SC | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 4.1 | |
| family trust | 5 | ||||
| Undeveloped land in residential area, Nashville, TN | $250K - $500K | None (or less than $201) | 5.1 | ||
| Montecito Medical Physician's Fund | $500K - $1M | $50,001 - $100K | 6 | ||
| Managed account | 7 | ||||
| Chicago, IL, bonds | $500K - $1M | $50,001 - $100K | Interest | 7.1 | |
| Clark County, NV, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.2 | |
| Coconino County, AZ, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.3 | |
| Fuquay-Varina, NC, bonds | None (or less than $1,001) | $5,001 - $15,000 | Interest | 7.4 | |
| Harris County, TX, bonds | $250K - $500K | $5,001 - $15,000 | Interest | 7.5 | |
| Nashville, TN, bonds #1 | $500K - $1M | $50,001 - $100K | Interest | 7.6 | |
| Hurst-Euless-Bedford Independent School District, TX, bonds | $250K - $500K | $15,001 - $50,000 | Interest | 7.7 | |
| JEA, FL, bonds | $250K - $500K | $15,001 - $50,000 | Interest | 7.8 | |
| County of Lexington, SC, bonds | $100K - $250K | $5,001 - $15,000 | Interest | 7.9 | |
| Madison County, TN, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.10 | |
| Maryland State and Local Facilities, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.11 | |
| New Jersey Economic Development Authority, bonds | $250K - $500K | $15,001 - $50,000 | Interest | 7.12 | |
| North Carolina State, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.13 | |
| Putnam County, TN, bonds | None (or less than $1,001) | $5,001 - $15,000 | Interest | 7.14 | |
| Southwest Higher Education, TX, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.15 | |
| Sumner County, TN, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.16 | |
| Tennessee State Higher Educational Facilities, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.17 | |
| Texas Water Development Board, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.18 | |
| University of Colorado, bonds | $500K - $1M | $15,001 - $50,000 | Interest | 7.19 | |
| Virginia, Minnesota Independent School District, bonds | $250K - $500K | $5,001 - $15,000 | Interest | 7.20 | |
| Virginia Commonwealth Transportation Board, bonds | $100K - $250K | $5,001 - $15,000 | Interest | 7.21 | |
| Washington State, bonds | $500K - $1M | $50,001 - $100K | Interest | 7.22 | |
| Goldman Sachs Dynamic Municipal Income Fund, Class P (GAJPX) | $5M - $25M | $100K - $1M | 7.23 | ||
| Goldman Sachs High Yield Municipal Fund, Class P (GGLPX) | $1M - $5M | $50,001 - $100K | 7.24 | ||
| iShares Core S&P 500 ETF (IVV) | $5M - $25M | $100K - $1M | 7.25 | ||
| VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) | $1M - $5M | $15,001 - $50,000 | 7.26 | ||
| VANGUARD SMALL-CAP ETF (VB) | $1M - $5M | $15,001 - $50,000 | 7.27 | ||
| VANGUARD S&P 500 ETF (VOO) | $5M - $25M | $100K - $1M | 7.28 | ||
| SPDR S&P 500 ETF (SPY), closed position for written put option | None (or less than $1,001) | $100K - $1M | Capital Gains | 7.29 | |
| Maryland Department of Transportation, bonds | None (or less than $1,001) | $5,001 - $15,000 | Interest | 7.30 | |
| Nashville, TN, bonds #2 | None (or less than $1,001) | $5,001 - $15,000 | Interest | 7.31 | |
| VANGUARD FTSE EMERGING MARKETS ETF (VWO) | $500K - $1M | $15,001 - $50,000 | 8 | ||
| Goldman Sachs Emerging Markets Equity Fund, Class P (GAHPX) | $1M - $5M | $2,501 - $5,000 | 9 | ||
| ISHARES MSCI EAFE ETF (EFA) | $250K - $500K | $5,001 - $15,000 | 10 | ||
| ISHARES RUSSELL 2000 ETF (IWM) | $500K - $1M | $5,001 - $15,000 | 11 | ||
| Greenleaf Investco, LLC | Pass-through entity; sole purpose is to invest in Greenleaf Succession Capital, LLC. MS. | 12 | |||
| Greenleaf Succession Capital, LLC (search fund looking to purchase a small business) | $250K - $500K | None (or less than $201) | The filer has indicated that Greenleaf Succession Capital, LLC, has made no investments during his appointment. MS. | 12.1 | |
| RSV QOF VI, LLC | Set up to invest in one or more new startup businesses, existing small businesses, real estate, or a combination thereof. No investments were made during the filer's appointment. MS. | 13 | |||
| U.S. brokerage account (Cash) | $1M - $5M | None (or less than $201) | 13.1 | ||
| RSV QOF VII, LLC | Set up to invest in one or more new startup businesses, existing small businesses, real estate, or a combination thereof. No investments were made during the filer's appointment. MS. | 14 | |||
| U.S. brokerage account (Cash) | $1M - $5M | None (or less than $201) | 14.1 | ||
| U.S. Bank #1 (Cash) | $1M - $5M | $100K - $1M | Interest | 15 | |
| U.S. Bank #2 (Cash) | $100K - $250K | $2,501 - $5,000 | Interest | 16 | |
| U.S. Bank #3 (Cash) | $15,001 - $50,000 | None (or less than $201) | 17 |
Transactions
Officials are required to disclose the purchase, sale or exchange of property or securities in excess of $1,000. Many top officials are required to file periodic transaction reports (278-T) within 45 days to disclose additional actions. This table combines transactions from regularly scheduled financial disclosures and periodic transaction reports. If the same transaction appears on multiple reports, we’re only showing it once. (Form 278e, Part 7 and Form 278-T)
| Description | Value | Transaction | Endnote | Line No. |
|---|---|---|---|---|
| RSV QOF II: RSV QOZB Rural, Inc., d/b/a Main Street Health (preferred stock) | $15,001 - $50,000 | Sale, 2020-02-28
 | 1 | |
| RSV QOF II: RSV QOZB Rural, Inc., d/b/a Main Street Health (preferred stock) | $1M - $5M | Sale, 2020-02-28
| 2 | |
| RSV QOF III: RSV QOZB I, Inc. (preferred stock) | $50,001 - $100K | Sale, 2020-02-28
| 3 | |
| RSV QOF II: RSV QOZB Rural, Inc., d/b/a Main Street Health (preferred stock) | $50,001 - $100K | Sale, 2020-04-03
| 4 | |
| RSV QOF III: RSV QOZB I, Inc. (preferred stock) | $15,001 - $50,000 | Sale, 2020-04-03
| 5 | |
| RSV QOF III: RSV QOZB I, Inc. (preferred stock) | $1M - $5M | Sale, 2020-02-28
| 6 | |
| RSV QOF III: RSV QOZB II, Inc. (preferred stock) | $250K - $500K | Sale, 2020-02-28
| 7 | |
| RSV QOF III: RSV QOZB II, Inc. (preferred stock) | $1,001 - $15,000 | Sale, 2020-04-03
| 8 | |
| SPDR S&P 500 ETF (SPY), opened written put option positions | $250K - $500K | , 2020-03-12
| 9 | |
| BT Group, PLC, ADR | $1,001 - $15,000 | Sale, 2020-04-07
| All of the filer's American depositary shares of BT Group, PLC, were terminated as of March 31, 2020, with the depository U.S. bank’s liquidation of underlying stock; cash proceeds were disbursed on April 7, 2020. MS. | 10 |
| RSV QOF III: RSV QOZB II, Inc. (preferred stock) | $1,001 - $15,000 | Sale, 2020-02-28
| 11 | |
| Perry Creek Capital Fund II, LP | $500K - $1M | Sale, 2020-06-05
| 12 | |
| Greenleaf Investco, LLC | $250K - $500K | Purchase, 2020-12-22
| 13 | |
| RSV QOF VI, LLC | $1M - $5M | Purchase, 2020-12-30
| 14 | |
| RSV QOF VII, LLC | $1M - $5M | Purchase, 2020-12-30
| 15 | |
| RSV QOF VI, LLC | $15,001 - $50,000 | Purchase, 2020-12-30
| 16 | |
| RSV QOF VII, LLC | $15,001 - $50,000 | Purchase, 2020-12-30
| 17 | |
| Greenleaf Investco, LLC: Greenleaf Succession Capital, LLC | $100K - $250K | Purchase, 2020-12-28
| 18 | |
| Greenleaf Investco, LLC: Greenleaf Succession Capital, LLC | $100K - $250K | Purchase, 2021-01-13
| 19 | |
| Managed account: Goldman Sachs Dynamic Municipal Income Fund, Class P (GAJPX) | $5M - $25M | Purchase, 2020-05-26
| 20 | |
| Managed account: Goldman Sachs High Yield Municipal Fund, Class P (GGLPX) | $1M - $5M | Purchase, 2020-05-26
| 21 | |
| Managed account: iShares Core S&P 500 ETF (IVV) | $500K - $1M |
| Multiple. | 22 |
| Managed account: iShares Core S&P 500 ETF (IVV) | $250K - $500K |
| Multiple. | 23 |
| Managed account: iShares Core S&P 500 ETF (IVV) | $15,001 - $50,000 |
| Multiple. | 24 |
| Managed account: Vanguard FTSE Developed Markets ETF (VEA) | $100K - $250K |
| Multiple. | 25 |
| Managed account: Vanguard FTSE Developed Markets ETF (VEA) | $50,001 - $100K |
| Multiple. | 26 |
| Managed account: Vanguard Small-Cap ETF (VB) | $100K - $250K |
| Multiple. | 27 |
| Managed account: Vanguard Small-Cap ETF (VB) | $50,001 - $100K |
| Multiple | 28 |
| Managed account: Vanguard Small-Cap ETF (VB) | $1,001 - $15,000 | Purchase, 2020-03-12
| 29 | |
| Managed account: Vanguard Small-Cap ETF (VB) | $250K - $500K | Purchase, 2020-03-23
| 30 | |
| Managed account: Vanguard Small-Cap ETF (VB) | $15,001 - $50,000 | Purchase, 2020-06-02
| 31 | |
| Managed account: Vanguard S&P 500 ETF (VOO) | $500K - $1M |
| Multiple. | 32 |
| Managed account: Vanguard S&P 500 ETF (VOO) | $250K - $500K |
| Multiple. | 33 |
| Managed account: Vanguard S&P 500 ETF (VOO) | $1,001 - $15,000 | Purchase, 2020-03-12
| 34 | |
| Managed account: Vanguard S&P 500 ETF (VOO) | $15,001 - $50,000 |
| Multiple. | 35 |
| Filer's IRA #1: Goldman Sachs GQG Partners International Opportunities Fund, Class P (GGIPX) | $1,001 - $15,000 |
| Multiple. | 36 |
| Filer's IRA #1: Goldman Sachs High Yield Fund, Institutional Class (GGMPX) | $1,001 - $15,000 | Purchase, 2020-02-28
| 37 | |
| Filer's IRA #1: Goldman Sachs Small Cap Value Insights Fund, Class P (GSXPX) | $1,001 - $15,000 |
| Multiple. | 38 |
| Filer's IRA #1: Vanguard S&P 500 ETF (VOO) | $1,001 - $15,000 |
| Multiple. | 39 |
| Filer's IRA #1: Goldman Sachs Emerging Markets Equity Fund, Class P (GAHPX) | $1,001 - $15,000 | Purchase, 2020-03-09
| 40 | |
| Filer's IRA #2: Goldman Sachs GQG Partners International Opportunities Fund, Class P (GGIPX) | $1,001 - $15,000 |
| Multiple. | 41 |
| Filer's IRA #2: Goldman Sachs High Yield Fund, Institutional Class (GGMPX) | $1,001 - $15,000 | Purchase, 2020-02-28
| 42 | |
| Filer's IRA #2: Goldman Sachs Small Cap Value Insights Fund, Class P (GSXPX) | $1,001 - $15,000 | Purchase, 2020-02-28
| 43 | |
| Filer's IRA #2: Vanguard S&P 500 ETF (VOO) | $1,001 - $15,000 |
| Multiple. | 44 |
| Spouse's IRA #2: Goldman Sachs GQG Partners International Opportunities Fund, Class P (GGIPX) | $1,001 - $15,000 | Purchase, 2020-03-05
| 45 | |
| Spouse's IRA #2: Goldman Sachs Small Cap Value Insights Fund, Class P (GSXPX) | $1,001 - $15,000 | Purchase, 2020-03-05
| 46 | |
| Spouse's IRA #2: Vanguard S&P 500 ETF (VOO) | $1,001 - $15,000 | Purchase, 2020-03-05
| 47 |
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)
| Creditor | Description | Endnote | Line No. |
|---|---|---|---|
| B-Side Bond, LLC | type: Capital Call, amount: $500,001 - $1,000,000, year-incurred: 2019, term: Offering documents suggest a 10- year investment period | During the filer's appointment, the filer divested/removed his obligations for future capital calls. MS. | 1 |
| Perry Creek Capital Fund II, LP | type: Capital Call, amount: $500,001 - $1,000,000, year-incurred: 2018, term: Offering documents suggest a 4-year investment period | During the filer's appointment, the filer divested/removed his obligations for future capital calls. MS. | 2 |
| Montecito Medical Physician's Fund | type: Capital Call, amount: $100,001 - $250,000, year-incurred: 2019, term: Offering documents suggest a 5-year investment period | 3 |
About the Data
Most political appointees and senior officials in the executive branch are required by law to file public financial disclosure reports. These are documents that detail their financial holdings, positions they hold outside government, their spouse’s holdings, their liabilities and their recent financial transactions (such as buying or selling stock) during a defined reporting period.
The most senior officials file their disclosures with an agency called the Office of Government Ethics, and others file them with a designated ethics official within their agency. The Ethics in Government Act allows members of the public and the press to request these documents.
We’re publishing this information to give the public an important glimpse into the financial ties of a powerful and often hidden cadre of presidential appointees within the federal bureaucracy.
The main document type included in the database is the OGE Form 278e, which appointees must file when they are nominated (for Senate-confirmed appointees) or when they enter government (all others), and then annually while in the position. Another common document included is the OGE Form 278-T, also known as a periodic transaction report, which all public filers must submit within 30 days of a transaction. We are also making other ethics documents available, such as ethics agreements, certificates of divestiture and other documents we have obtained under the Ethics in Government Act.
Join us on Wednesday, April 8 for a walkthrough of ProPublica's new database of financial disclosures from Trump appointees and any potential conflicts they reveal. Register here.
