Frank H. Easterbrook – 2004
Number of Pages:7
Date Created:November 1, 2005
Date Uploaded to the Library:October 13, 2014
Autogenerated text from PDF
Easterbrook, Frank VIl. Page INVESTMENTS and TRUSTS -income, value, transactions (lludes tho.st spoust and dependent children. pp. 34-Sl 1Van uard Index Fund 4Vanguard Retirement Portfolio (mutual fund Cap. +Div ain See-Par VII 5blocked access) 6First National account) VIII. ADDmONAL INFORMATION EXPLANATIONS (Indicate part ofReport.) Separate sheet attached. Easterbrook, Frank 4-8-05 IV. REIMBURSEMENTS. George Washington University Travel reimbursement Washington, o.c. 2/4/04 2/6/04 The Federalist Society Travel reimbursement Vanderbilt University 2/20/04 2/22/04 Nashville, Tennessee American Law and Economics Travel reimbursement Association 5/7/04 5/8/04 Northwestern University Chicago, Illinois (Paid University Chicago Law School) Mont Pelerin Society Travel reimbursement Salt Lake City, 8/14/04 8/18/04 Jones Day Travel reimbrusement Washington, o.c. 10/27/04 (Paid the Federalist Society) The Federalist Society Travel reimbursement Washington, o.c. 11/10/04 11/13/04 Note: Travel reimbursements for judicial business and other governmental reimbursements also omitted. Easterbrook, Frank 4-8-05 VIII. ADDITIONAL INFORMATION EXPLANATIONS. (Part III): have received the approval the Chief Judge teach the University Chicago. This income therefore outside earned incomew rather than honorariumw within the meaning the Ethics Reform Act 1989. accepted gross income exceeding the statutory cap (15% Level the Executive Schedule) because, under 3(b) the regulations the Judicial Conference implementing this statute, outside earned incomew includes only net taxable income, and therefore excludes pension contributions well the ordinary and necessary expenses paid incurred producing this income. Some the income reported Part III was contributed pension plan through the University Chicago part salary reduction plan and therefore does not count for statutory purposes. Moreover, the ordinary and necessary expenses producing the income-including the cost commuting between the courthouse and the Law School, fees for parking the University, and the expenses equipment and books for Law School office-a substantial. Net taxable income less than the statutory maximum. (Part The Union League Club extends federal judges the privilege using the Clubs facilities without formal membership. Between Janua.ry and June 2004 charged $55 per month for these privileges; the charge increased $60 monthly effective July 2004. The difference between this and the market value gift, but whether there any difference and, so, its size, difficult determine. Judges pay the same for meals, haircuts, and other services regular members the Club. (Part VII): Dividends and capital gain distributions from the mutual funds marked See Part VIII are reinvested automatically monthly. Shares were purchased and sold the vanguard Money Market Trust occasionally. treat this checking account, and past years not report these flows (as opposed year-end balances). Sales shares from the Vangua.i-d Municipal Bond Fund 2004 fall into value code (Part VII): While was employed full-time the university Chicago preceding appointment the court, and again since 1992, pension contributions under defined contribution plan were made behalf. TIAA-CREF holds the funds contributed before 1983 (value code M). --- ----...... -..... ------ Easterbrook, Frank 4-8-05 VIII. ADDITIONAL INFORMATION EXPLANATIONS Continued. Pension contributions since 1983, and supplemental retirement annuity contributions since 1982, are held the Vanguard Group, which also holds pension contributions made behalf during 1981-84 Lexecon Inc., plus IRA contributions during that period. vanguard Retirement Portfolio umbrella designation for these assets. Access all funds the Vanguard Retirement Portfolio blocked until reach retirement age. vanguard invests these monies four its funds: Vanguard Honey Market Reserves Prime Portfolio; Vanguard Fixed Income Securities Fund Long-Term Corporate; Vanguard Fixed Income Securities Fund High-Yield Corporate; and Vanguard International Value Portfolio. Investments within the Vanguard Retirement Portfolio may change from time ti.me, but only from one mutual fund another (never stock individual firm), making consolidated listing desirable.