Financial Disclosure Report (OGE Form 278E)
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Nominee Report | U.S. Office of Government Ethics; 5 C.F.R. part 2634 | Form Approved: OMB No. (3209-0001) (March 2014) Executive Branch Personnel Public Financial Disclosure Report (OGE Form 278e) Filer's Information Friedman, David M Ambassador to the State of Israel, Department of State Other Federal Government Positions Held During the Preceding 12 Months: None Names of Congressional Committees Considering Nomination: ● Committee on Foreign Relations Electronic Signature - I certify that the statements I have made in this form are true, complete and correct to the best of my knowledge. /s/ Friedman, David M [electronically signed on 01/07/2017 by Friedman, David M in Integrity.gov] Agency Ethics Official's Opinion - On the basis of information contained in this report, I conclude that the filer is in compliance with applicable laws and regulations (subject to any comments below). /s/ Huitema, David, Certifying Official [electronically signed on 02/03/2017 by Huitema, David in Integrity.gov] Other review conducted by U.S. Office of Government Ethics Certification /s/ Apol, David, Certifying Official [electronically signed on 02/04/2017 by Apol, David in Integrity.gov] 1. Filer's Positions Held Outside United States Government # ORGANIZATION NAME CITY, STATE ORGANIZATION POSITION HELD FROM TO TYPE 1 Kasowitz, Benson, Torres & Friedman LLP New York, New Law Firm Partner 6/1994 Present York 2 Karraben Opportunities, LLC New York, New Investment Managing 10/2013 Present York Limited Liability Member Company 3 American Friends of Bet El Yeshiva Center New York, New Charitable President 12/2011 Present York Organization 4 Karraben Wine LLC New York, New Investment Managing 8/2014 Present York Limited Liability Member Company 5 DMF Woodlane Associates LP New York, New Investment General Partner 12/2012 Present York Limited Partnership 6 American Friends of United Hatzalah New York, New Charitable Board Member 10/2009 Present York Organization 7 Family Trust New York, New Trust Trustee 1/1995 Present York 2. Filer's Employment Assets & Income and Retirement Accounts # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 1 Kasowitz, Benson, Torres & Friedman LLP N/A Partnership $2,705,692 (law firm) Share 2 Kasowitz, Benson, Torres & Friedman LLP N/A $1,000,001 - None (or less (law firm) anticipated retirement benefit $5,000,000 than $201) 3 Kasowitz, Benson, Torres & Friedman LLP N/A $100,001 - None (or less capital account $250,000 than $201) 4 IRA #1 No # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 4.1 U.S. Bank Account (cash) N/A $50,001 - Interest $201 - $1,000 $100,000 4.2 Davis New York Venture (NYVTX) Yes $50,001 - $1,001 - $2,500 $100,000 4.3 Voya Global Equity Fund (NAWGX) Yes $15,001 - $201 - $1,000 $50,000 4.4 Voya Midcap Opportunities Fund (NMCAX) Yes $50,001 - $201 - $1,000 $100,000 4.5 BlackRock Global Allocation Fund (MDLOX) Yes $15,001 - $201 - $1,000 $50,000 5 Kasowitz, Benson, Torres & Friedman LLP Defined Contribution Plan 5.1 Voya Fixed Account Yes $1,000,001 - $5,001 - $15,000 $5,000,000 5.2 TRowe Price Equity Income Yes $50,001 - $2,501 - $5,000 $100,000 5.3 Voya US Stock Index Yes $50,001 - $2,501 - $5,000 $100,000 5.4 American Funds Growth Fund Yes $50,001 - $2,501 - $5,000 $100,000 5.5 American Funds Euro Pacific Yes $50,001 - $2,501 - $5,000 $100,000 3. Filer's Employment Agreements and Arrangements # EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE 1 Kasowitz, Benson, Torres & Friedman LLP New York, New Pursuant to the partnership agreement, following my 6/1994 York withdrawal from the firm, I will receive a retirement benefit distribution. The total amount will be calculated pursuant to the formula set forth in the partnership agreement and fixed as of the date of my withdrawal. It will be paid to me on an accelerated basis, with a portion of the retirement benefit to be paid to me in 24 monthly installments following my withdrawal, and a lump sum payment of the remaining retirement benefit to be paid to me at the end of the 24 month period. The amount of the retirement benefit paid to me will be reduced to offset for the time value of the accelerated payment. 2 Kasowitz, Benson, Torres & Friedman LLP New York, New Pursuant to the partnership agreement, within 90 6/1994 York days of my withdrawal from the firm, I will receive a lump sum payment of my capital account. This payment will be calculated as of the date of my withdrawal. My name also will be removed from the firm name. 3 Kasowitz, Benson, Torres & Friedman LLP New York, New I will not participate in this defined contribution plan 6/1994 York after my separation. The Plan sponsor will not make further contributions after my separation. 4. Filer's Sources of Compensation Exceeding $5,000 in a Year # SOURCE NAME CITY, STATE BRIEF DESCRIPTION OF DUTIES 1 Kasowitz, Benson, Torres & Friedman LLP New York, New Partner at law firm York 2 Brafman &Associates LLP New York, New Legal services to private client York 3 Building and Land Technology Stamford, Legal services to client of law firm Connecticut 4 Delta Galil USA Inc. New York, New Legal services to client of law firm York 5 Robert Durst/Debra Charatan New York, New Legal services to client of law firm York # SOURCE NAME CITY, STATE BRIEF DESCRIPTION OF DUTIES 6 GoldenTree Asset Mgt. New York, New Legal services to client of law firm York 7 Harbinger Capital Partners New York, New Legal services to client of law firm York 8 Salvatore LaMonica Syosset, New Legal services to client of law firm York 9 David Lichtenstein New York, New Legal services to client of law firm York 10 ResCap Liquidating Trust New York, New Legal services to client of law firm York 11 Yosef Maiman/ Merhav MNF Herzlya, Israel, Legal services to client of law firm Outside U.S. 12 Mestel & Co. New York, New Legal services to client of law firm York 13 Renco Inc. New York, New Legal services to client of law firm York 14 United Equities Company New York, New Legal services to client of law firm York 5. Spouse's Employment Assets & Income and Retirement Accounts # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 1 IRA #2 - U.S. bank account Cash N/A $15,001 - Interest $201 - $1,000 $50,000 6. Other Assets and Income # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 1 MetLife Insurance (whole life) N/A $1,000,001 - Interest $50,001 - $5,000,000 $100,000 # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 2 US Bank Account #1 (cash) N/A $100,001 - Interest $201 - $1,000 $250,000 3 U.S. Brokerage Account #1 N/A 3.1 Cash N/A $1,000,001 - Interest $1,001 - $2,500 $5,000,000 3.2 Metroplolitan Transporation Authority N/A $15,001 - Interest $1,001 - $2,500 Bonds $50,000 3.3 New York City bond N/A $50,001 - Interest $1,001 - $2,500 $100,000 3.4 New York City bond N/A $50,001 - Interest $2,501 - $5,000 $100,000 3.5 New York City bond N/A $15,001 - Interest $201 - $1,000 $50,000 3.6 New York City bond N/A $15,001 - Interest $1,001 - $2,500 $50,000 3.7 New York City bond N/A $100,001 - Interest $5,001 - $15,000 $250,000 3.8 New York City bond N/A $1,001 - $15,000 Interest $201 - $1,000 3.9 New York City bond N/A $50,001 - Interest $2,501 - $5,000 $100,000 3.10 New York State bond N/A $50,001 - Interest $2,501 - $5,000 $100,000 4 529 Account #1 State of Colorado Yes $50,001 - $1,001 - $2,500 CollegeInvest Scholars Choice Balanced $100,000 50/50 Option 5 U.S. Brokerage Account #2 N/A 5.1 Cash N/A $100,001 - Interest $201 - $1,000 $250,000 5.2 SPDR Gold Shares ETF Yes $50,001 - None (or less $100,000 than $201) 6 US Bank Account #2 (cash) N/A $250,001 - Interest $201 - $1,000 $500,000 # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 7 US Bank Account #3 (cash) N/A $250,001 - Interest $1,001 - $2,500 $500,000 8 Bank of Jerusalem Cash Account N/A $1,001 - $15,000 None (or less than $201) 9 Penn Mutual Insurance (Whole life) N/A $250,001 - Interest $5,001 - $15,000 $500,000 10 Mass Mutual Insurance (Whole life) N/A $100,001 - Interest $5,001 - $15,000 $250,000 11 Northwestern Mutual Insurance (Whole life) N/A $100,001 - Interest $5,001 - $15,000 $250,000 12 529 Account #2 State of Colorado Yes $50,001 - $1,001 - $2,500 CollegeInvest Scholars Choice Balanced $100,000 50/50 Option 13 529 Account #3 State of Colorado Yes $50,001 - $1,001 - $2,500 CollegeInvest Scholars Choice Balanced $100,000 50/50 Option 14 529 Account #4 State of Colorado Yes $50,001 - $1,001 - $2,500 CollegeInvest Scholars Choice Balanced $100,000 50/50 Option 15 Maverick Ventures LP See Endnote No $100,001 - None (or less $250,000 than $201) 15.1 Behalf (financial services) N/A 15.2 cClearly (internet marketing) N/A 15.3 Mintigo (marketing) N/A 15.4 powerinbox (internet marketing) N/A 15.5 Precog (industrial technology) N/A 15.6 Rumble (data analytics) N/A 15.7 SafeBreach (cyber security) N/A 15.8 Semperis (cyber security) N/A 15.9 StoreSmarts (data analytics) N/A # DESCRIPTION EIF VALUE INCOME TYPE INCOME AMOUNT 15.10 Unbotify (cyber security) N/A 15.11 Utilis (civil engineering technologies) N/A 16 529 Account #5 State of Colorado Yes $1,001 - $15,000 $201 - $1,000 CollegeInvest Scholars Choice Balanced 50/50 Option 17 529 Account #6 State of Colorado Yes $15,001 - $1,001 - $2,500 CollegeInvest Scholars Choice 50/50 Option $50,000 18 529 Account #7 State of Colorado Yes $100,001 - $2,501 - $5,000 CollegeInvest Scholars Choice Balanced $250,000 50/50 Option 19 529 Account #8 State of Colorado Yes $100,001 - $2,501 - $5,000 CollegeInvest Scholars Choice Balanced $250,000 50/50 Option 20 Karraben Opportunities, LLC No 20.1 TowerSec Ltd N/A None (or less Capital Gains $100,001 - than $1,001) $1,000,000 20.2 Loan Receivable TowerSec Ltd.