0 0' - The Wall Street Journalonline.wsj.com/public/resources/documents/Yellen-finrpt2010.pdfJun 30,...
Transcript of 0 0' - The Wall Street Journalonline.wsj.com/public/resources/documents/Yellen-finrpt2010.pdfJun 30,...
SF278 (Rev 032000) Fonn Approved
5 CFR Pan 2634 Executive Branch Personnel PUBLIC FINANCIAL DISCLOSURE REPORT OMB No 3209-0001
U S Office ofGovernment Ethics
Date 9f~o~intmenLca~didacv Election ~~rti~rli~~U~ Calen~Yeat Termination Date (IfAnnli- I~fe tor I atlgt Jlt~ or Nommatlon (Month~ rear) ((~~L f~L lt1ncumbent Covered hyRerort New Entrant ~Imlllee Termma110n COl)leHMotltflbull vaybull lear) Any mdlVIdual WhOIsrequired to
~r ~l7fwmiddotlmiddot 00 I 2010 DorCandldate~~~~ 0 fder I fIle thrs report and does somorethan middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotgt~middotrmiddot bull c bull 30 dayS after the date the reoort ISn
_ lt~ bullbull _ Last Name middotmiddott First Name and Middle Imtlal required to be f~ed or if an extension Reportmg IndlYldllltl1s~~me Yellen I- ~) Janet L is grant~d~ mo~eth~n 30 da~s afte~ the Jn last day of tbc fjhng extenSIOn penod
bullc Title of Positioil bull I - - or AIencv Of shall be subiect to a $200 fee
Position for WhiCh Filing Governor and Vice Chairman Board of Governors of the Federal Reserve System - Reoortmg Periods imiddotmiddot AIMlaquo(NinbrSIrPP rUuStntpnndzrprd) T No (fruriArPtJrflre) Tmhpt~ Th rtina ~iMi
Locati6nofPresent Oflice (202)452-3761 the p~ing CIIlendar year~xcept(or forwardirig address 20th and C Street NW Washington DC 20551 Part II ofSche4ul~ C Illld Part I of
V SchOOul D wbereVou must also Position(s) Held witb thelederal Title ofPosition(s) and Date(s) Held include the fjlingvear up to the date GovernmentDuringth~Preceding Yltlll file Part II of Schedule D is not 12 Months (If ~~0~~~tgtove) applicable
Tprminlltinn Jlpr~middot Thp rPnnrlina
r Presidential NomineesSuhiect to Name ofConressional Committee Considerin Nomination Do You Intend to reate a ualihedmiddotDlVefSltled Trust period begins at the end of the period
Senate tonhrmation 0 0 covered by your previous filing Illldends Yes No at the date of term ination Part II
ofSchedule D is not applicable Dlre(Momn vay rearCertmcanon Sinature of Reoortml Individual
Nominees New Entrants andI CERTIFY that the statements rhave J ~7 11~ ll Qmade on this fonn and all attached ()( bull ~~ I Candidates for President and Vice
President schedules are true comolete and correct ~ ~ J lOhdl _Th~ r-~Ann _ro Ar to the best ofmvknowledge bull n~t~ Tgtmr Yon) Iincome (BLOCK C) IS the precedIng
19nature ot utner KeVlewer calendar vear and the cUTent calendar
Other Review year up to the date of filing Value (If desired bv assets as of any date you choose that IS
alencv) within I days of the date of filinp
Alencv Ethics Officials Ooiriion Sillature of Designated Agencv Ethics OfficiallReviewiri Official nate (Mflth Dnv Year) hptllllp R __Nt annliahlp On the basis ofinformation contained in this report I conclude that tbe filer is S htlllip r l~rt J fl ihiliti~-in corripliance with applic3ble laws Illld ~ Lt_JQ ~ The reoorting oenod is tile preceding I 3 1 regulations (subject toany comments calendar year and the current calendar In the box below) year up to any date you choose that is
_ Sillature _____ uDate1Mn1lth Oml Vpar) within 31 dayS Qfthe date of filing Office ofGovernment Ethics
Use OnIv I 1h IA P II IA_AA~~ntc AT
Igt ArranJements)- Show any a~eements of ()ffiril ltnnN j renulred e Ihl rlvl ide flf lhimiddot 1fl or arrangements as of the date of
bull filing (Check box iffiling extension granted amp indicate number ofdays ___ ) CJ
hpttlll n_Th rtina riM i the orecedinetwo calendar years and It- sJI)~ the current calendar year up to theIdateof filiDlz
bull -Alericv Uc ~
57171 C9 7 11Gpound[jse Onl
T(Check box ifcomments are continued on the reverse side) CJ NSN 7540middot01-070-8444Supersedes Prior Editions Which Cannot Be Used 278-112 Fonn Desined in Microsoft Excel 2000
S~I7~ (Rev U312UOO)
5 CFR Part 2634
Assets ana Income
BLOCK A
you your spouse and dependent children each asset held for investment or the
Iproduction of income which had a fair market exceedine $OOO at the close of the reportshy
or which eenerated more than $200 during the reporting period toeether
such income
yourself also report the source and actual ofearned income exceedine $200 (other
the US Government) For your spouse source but not the amount of earned
of more than $1000 (except report the acount ofany honoraria over $200 of
spouse)
NoneD
Central Airlines Common Examples IDoe_Jone~ ~SE1ith_H~mtow1 Sta~e__
Ke2psIOe F_und ______ _ IRA Heartland 500 Index Fund
Other Income (SpecifY Type amp Actual
Amount)
honorarium $2000000
2
Date (Mo Dav
Yr)
Only if Honoraria
05192010
092-3201
Prior Editions Cannot be Used
SF27H (Rev U320(0)
5 CFR Part 2634
BLOCK A
NoneD
Commonmiddot
Common
Dreyfus Core Value Fund
Federal Reserve Bank of Dallas
Federal Reserve Bank of San Francisco
3
Other Date Income (Mo Dav (SpeciiY Yr) Type amp Actual Only if
Amount) Honoraria
Prior Editions Cannot be Used
4282010
SF27~ (Rev 0312UUU)
5 CFR Part 2634
BLOCK A
Other Income (Specify Type amp Actual
Amount)
4
Date (Mo Dav
Yr)
OnlY if Honoraria
623-241 2010
01142010
International Monetary Fund
Foundation
Salary
consulting fee
)jn7~ (Kev U3120(0)
5 CFR Part 2634
NoneD
BLOCK A
Other Income (Specify Type amp Actual
Amount)
$2500000
5
Date (Mo Dav
Yr)
Only if Honoraria
Sf27~ (Rev 032000)
5 CF R Part 2634
Date (Mo Dav
Yr)
Oniyif Honoraria
BLOCK A
Other Income (SpecifY Type amp Actual
Amount)
Salary
6
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
S~I7~ (Rev U312UOO)
5 CFR Part 2634
Assets ana Income
BLOCK A
you your spouse and dependent children each asset held for investment or the
Iproduction of income which had a fair market exceedine $OOO at the close of the reportshy
or which eenerated more than $200 during the reporting period toeether
such income
yourself also report the source and actual ofearned income exceedine $200 (other
the US Government) For your spouse source but not the amount of earned
of more than $1000 (except report the acount ofany honoraria over $200 of
spouse)
NoneD
Central Airlines Common Examples IDoe_Jone~ ~SE1ith_H~mtow1 Sta~e__
Ke2psIOe F_und ______ _ IRA Heartland 500 Index Fund
Other Income (SpecifY Type amp Actual
Amount)
honorarium $2000000
2
Date (Mo Dav
Yr)
Only if Honoraria
05192010
092-3201
Prior Editions Cannot be Used
SF27H (Rev U320(0)
5 CFR Part 2634
BLOCK A
NoneD
Commonmiddot
Common
Dreyfus Core Value Fund
Federal Reserve Bank of Dallas
Federal Reserve Bank of San Francisco
3
Other Date Income (Mo Dav (SpeciiY Yr) Type amp Actual Only if
Amount) Honoraria
Prior Editions Cannot be Used
4282010
SF27~ (Rev 0312UUU)
5 CFR Part 2634
BLOCK A
Other Income (Specify Type amp Actual
Amount)
4
Date (Mo Dav
Yr)
OnlY if Honoraria
623-241 2010
01142010
International Monetary Fund
Foundation
Salary
consulting fee
)jn7~ (Kev U3120(0)
5 CFR Part 2634
NoneD
BLOCK A
Other Income (Specify Type amp Actual
Amount)
$2500000
5
Date (Mo Dav
Yr)
Only if Honoraria
Sf27~ (Rev 032000)
5 CF R Part 2634
Date (Mo Dav
Yr)
Oniyif Honoraria
BLOCK A
Other Income (SpecifY Type amp Actual
Amount)
Salary
6
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF27H (Rev U320(0)
5 CFR Part 2634
BLOCK A
NoneD
Commonmiddot
Common
Dreyfus Core Value Fund
Federal Reserve Bank of Dallas
Federal Reserve Bank of San Francisco
3
Other Date Income (Mo Dav (SpeciiY Yr) Type amp Actual Only if
Amount) Honoraria
Prior Editions Cannot be Used
4282010
SF27~ (Rev 0312UUU)
5 CFR Part 2634
BLOCK A
Other Income (Specify Type amp Actual
Amount)
4
Date (Mo Dav
Yr)
OnlY if Honoraria
623-241 2010
01142010
International Monetary Fund
Foundation
Salary
consulting fee
)jn7~ (Kev U3120(0)
5 CFR Part 2634
NoneD
BLOCK A
Other Income (Specify Type amp Actual
Amount)
$2500000
5
Date (Mo Dav
Yr)
Only if Honoraria
Sf27~ (Rev 032000)
5 CF R Part 2634
Date (Mo Dav
Yr)
Oniyif Honoraria
BLOCK A
Other Income (SpecifY Type amp Actual
Amount)
Salary
6
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF27~ (Rev 0312UUU)
5 CFR Part 2634
BLOCK A
Other Income (Specify Type amp Actual
Amount)
4
Date (Mo Dav
Yr)
OnlY if Honoraria
623-241 2010
01142010
International Monetary Fund
Foundation
Salary
consulting fee
)jn7~ (Kev U3120(0)
5 CFR Part 2634
NoneD
BLOCK A
Other Income (Specify Type amp Actual
Amount)
$2500000
5
Date (Mo Dav
Yr)
Only if Honoraria
Sf27~ (Rev 032000)
5 CF R Part 2634
Date (Mo Dav
Yr)
Oniyif Honoraria
BLOCK A
Other Income (SpecifY Type amp Actual
Amount)
Salary
6
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
)jn7~ (Kev U3120(0)
5 CFR Part 2634
NoneD
BLOCK A
Other Income (Specify Type amp Actual
Amount)
$2500000
5
Date (Mo Dav
Yr)
Only if Honoraria
Sf27~ (Rev 032000)
5 CF R Part 2634
Date (Mo Dav
Yr)
Oniyif Honoraria
BLOCK A
Other Income (SpecifY Type amp Actual
Amount)
Salary
6
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
Sf27~ (Rev 032000)
5 CF R Part 2634
Date (Mo Dav
Yr)
Oniyif Honoraria
BLOCK A
Other Income (SpecifY Type amp Actual
Amount)
Salary
6
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
Sr27~ (RJW 0312000)
5 CFR Part 2634
BWCKA
of Western Ontario
Other Income (Specify Type amp Actual
Amount)
7
Date (Mo Dav
Yr)
Onjyif Honoraria
Prior Editions Cannot be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF27~ (Kev U3I2UUU)
5 CFR Part 2634 US Office ofGovernment Ethics
Other Income (SpecifY Type amp Actual
Amount)
8
Date (Mo Dav
Yr)
Only if Honoraria
Prior Editions Cannot be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
Sl27H (Kev 032000)
5 CFR Part 2634
A
NoneD
Corp New Commonmiddot
Group Universal Life Insurance Minnesota Life
9
Date Income Other
(Mo Dav (SpecifY Yr) Type amp Actual Onlvif
Amount) Honoraria
Prior Editions Cannot be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
JANET L YELLEN - ADDENDUM TO FORM SF-278 Page 9-A
11 The bulk of the joint assets of myself and my spouse are held in a living trust named the Akerlof and Yellen Family Trust created under an agreement dated May 26 1992 My husband and I are the Trustees of this living trust The assets held by the trust are marked with an asterisk ()
j The University of California 403b plan and Defined Contribution Plan both of which cover both me and my spouse and the University of California 457 plan which covers my spouse are defined contribution plans that permit us to allocate investments among various Fidelity funds and also among funds run directly by the University of California All of the funds are widely diversified and invest in securities ranging from low risk fixed income securities insurance company contracts to equities My spouse and I have allocated part of our retirement savings through the University of California Defined Contribution Plan to the Insurance Company Contract Fund In addition to cash (6) this fund is comprised of insurance company contracts with Prudential Principal Financial Metlife Monumental New York Life and Hartford Life that guaranty a fixed annual rate of interest
11 These are retirement funds managed by TIAA-CREF My holdings in these funds result from contributions made by Harvard University on my behalf during the period 1971-76 when I served as an Assistant Professor The TIAA traditional annuity will pay a defined benefit annuity when I retire My CREF holdings are in a widely diversified stock fund
11 The Canadian Institute for Advanced Research paid a portion of my spouses salary from the University of California These payments were made directly to the University to finance the release of a comparable amount of time for research on economic growth and public policy
)j Retirement payments to me and my spouse under the University of Californias defined benefit plan are based upon a formula that takes into account years of service age at retirement and highest three years of salary My spouse receives a portion of this benefit in excess of 415 limitations under a nonqualified 415 Restoration Plan
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 032000)
5 C FR Part 2634 Do not Complete Schedule B if you are a new entrant nominee Vice Presidential or Presidential Candidate US Office ofGovernment Ethics
IKeportmg lnOlVIOUalS Name I f~f~i~iI~ umiddotmiddot
SCHEDUIJtB Itage Nlimoer
Yellen Janet L Imiddotmiddot 10
rmiddotmiddot lt lt
J_~) rnmiddot
DPart I Transactions None
Report any purchase sale or exchang~ by you your spouSe report a transaction involving property used solely as your Transaction Amount of Transaction (x) or dependent children during the reporting period of anv real personal residence or a transaction solelv between you Type (x) property stocks boods comrriodity futures andother your spouse or dependent child Check the Certificate of Date (Mo
sect 0 88securities when the amount of the transaction exceeded divestiture block to indicate sales made pursuant to a 10 Day Yr)
0 ~ 0 88~ 0 ~ 0 ~ 0 ~o g g $1000 Include transactions that resulted in a loss Do not certifilt4te ofdivestiture from OGE e 0 ~ 0 08 gg 88 8~ 08 sectsect ~ 0 00 0 60
g fl 00 00 qci gg gg 08 ~o o 0 00 quj tOO 0 00 q IO~ 0s 00 o gt bull ~ to Identification of Assets en IJl ~ It) ~ ~ N ~ 0 ~~
Example ICentral Airlines Common )( 21199 )(
1 Exchange from Vanguard California Tax Exempt Money Market Fund to Vanguard Short Term Bond Index Func X 121272010 X
2 Vanguard Short Term Bond Index Fund shares X 121282010 X
3 Exchange from spouses Vanguaged Fixed Income Security Fund High Yield Corporate Portfolio (IRA) X 121272010 X to Vanguard Short Term Bond Index Fund
4
5 r Co
This category applies only if the underlying asset is solely that of the filers spouse or dependent children If the underlying asset is either held by the filer or iointlv held bv the filer with the spouse or dtpendent children use the other higher categories of value as appropriate
Part II Gifts Reimbursements and Travel Expenses For vou vour spouse and dependent children report the source it brief descrioshy the US Government giYen to your agency in connection with official travel tion and the value ofmiddot (1) gifts (such as tangible items transportation lodging received from relatives received by vour spouse or dependent child totallv food or entertairunent) received from one source totaling more than $260 and independent of their relationship to you or provided as personal hospitality at (2) travel-related cash reimbursements received from one source totaling more the donors residence Also for purposes of aggregating gifts to determine the than $260 For conflicts analysis it is helpful to indicate a basis for receipt such total value from one source exclude items worth $104 or less Sec instructions
8 0
~ ~g ~ ~ 0 ~ t v
o U ~
as personal friend agency approval under 5 USC amp4111 or other statutory for other exclusions None cJauthority etc For travel-related gifts and reimbursements include travel itinerarY
rltp nrl thp nhorp of PYnpnp nrnvirlprl 1ytlutl4l $lnvthina oivpn tn vn11 hv
Source (Name and Address) BriefDescription Value
ExamPlesWat1 As~ ltfRok Colectos NY N _____ Airlipe ticltet bgttel r~ ~~Is in~identt~~iona con~ellte 61~99 (pers~nal a~tivitt unrltated10 duyL ___ $500-_ _----------shy - shy -$300-shyFrank Jones San Francisco CA Leather briefcase (personal friend) 1 Board of Directors of the Federal Reserve Bank sterling silver plate - engraved with the names of the Directors - a gift celebrating my departure as President and CEO of the Bank $50000
of San Francisco 2 Board of Directors of the Federal Reserve Bank Apple Ipad - a gift celebrating my departure as President and CEO of the Bank $40000
of San Francisco 3 Executive Committee of the Federal Reserve Bank $400 - toward the purchase of an Iphone A departure gift from top officers of the Federal Reserve Bank of San Francisco $40000
of San Francisco 4
5
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0320(0)
5 CFR Part 2634 US Office of Government Ethics IReportmg Indlvlduars Name
Yellen Janet L
Part I Liabilities Report liabilities over $1 0000 owed to any one at
any time durine thereoortine oeriod bv vou voursoouse or dependent children Check the highest amount owed durine the reoortine oeriod Exclude a morteaee on vour
Creditors (Name and Address)
- shy
SCHEDULECmiddot ~ ~
personal residence UitIess it is rented out loans secured by automobiles household furniture or appliances and liabilities owed to certain relatives listed in instructions See instructions for revolving charge accounts
Type ofLiability
Date Incurred
-
NoneD
Interest Rate
Term if applishycable
Page Number
11
Category of Amount or Value (x)
08800middotmiddotmiddotmiddot degl~ 810 818 81~ 8 g~~gg~~~~gMMEftWW6)WW~W
0 ~ 0 00 o g80
sect ~g ~q0
~O 8 888 q gg g 8 qqqtei_lO U) CItI) ffl W
~ 0 gg sectsect ~~
sect 8
~q
0gt0
Examples IFirsj Disrict ~ankJlaslirJo_n D~_______ _ IJOhn Jones 123 J SI Lgtvashington DC
~2poundage on_r~aJ Egeelpela~ __________ _I- ~991 - tshy _8_ Promissory note 1999 10
_~y- ~__ + __I x on demand
--1-shy --1---4----shy
1 INONE
2
3
4
5
This category applies only if the liability is solely that of the flIers spouse or dependent children If the liability is that oftbe filer or a ioint liability of the filer with tbe spouse or dependent children mark the other hieher categories as aporooriate
Part II Agreements or Arrangements
x
Report your agreements or arrangements foreontinuing participation in an employee benefit plan (eg 401k deferred compensation (2) continuation payment by a former employer (including severance payments) (3) leaves
of absence and (4) future employment See instructions regarding the reporting of negotiations for any of these arrangements or benefits
Status and Terms ofany Agreement or Arrangement Example I Pursuant to partnership agreement will receive lump sum payment of capital account amp partnership share
calculated on service nerfonned throueh liDO
1 II have a vested interest in the Federal Reserve Systems Bank Retirement Plan resulting from my service at the Federal Reserve Bank of San Francisco and will receive an annuity reflectina my service at FRBSF after I retire from the Board of Governors
2 II have a vested interest in the Federal Reserve Thrift Plan resulting from my service at the Federal Reserve Bank of San Francisco 1 continue to participate in this plan as an employee of the Federal Reserve Board
3 II am eligible to receive retiree medical benefits from the Federal Reserve Bank of San Francisco and reimbursement for premiums
4 IProfessor Emeritus University of California I am currently receiving retirement benefits under the Universitys defined benefit ~pension plan Continue participation in UC retiree health plan
5 II have a vested interest in the University of Californias Pre-tax Defined Contribution Plan (see Sch A) No further contributions by University
6 II have a vested interest in the University of Californias Tax Deferred 403b Plan (see Sch A) No further contributions by University
None D Parties Date
Doe Jones amp Smith Hometown State 785
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 061409
Federal Reserve Bank of San Francisco 1deg614091
University of California at Berkeley 063006
University of California at Berkeley 063006
University of California at Berkeley 063006
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 032000) 5 CFR rart 2634 US Office of Govemment Ethics
Keportmg InOvoualS Name J bull
Yellen Janet L 1middot~~~Y~~~~i~J~~~ 2tgt~i~~~J~F SCHEl)lJI~i(i bullbull Kmiddot bull lt i bullbullbullbullbull bull
Part I Liabilities
Reportliabilities over$IOOOO owed toany one ~reditor at personal residence unless it is rented out loans secured NoneD any time during the renorting oeriod bv YOU your snouse by automobiles household furniture or appliances and or dependent children Check the highest amount owed liabilities owed to certain relatives listed in instructions during the renorting oeriod Exclude a mortgage on your See instructions for revolving charge accounts Date Interest Term if
Incurred Rate applishy gsectcable a~ ttl
Creditors (Name and Address) Type of Liability - ~ Exam les ~sl Disict ~ank_WasilLto_n DQ ___ M9Sag~n_raJ EPeeiDela~~___________ 1991 8 25 yrs---shy -]999 - t- -10 n deiland
- p John Jones 123 J St Washington DC Promissory note
1
2
3
4
5
bull This category applies only if the liability is solelY that of the tilers spouse or dependent children If the liability is that of the tiler or a ioint liability of the filer with the spouse or dependent children mark the other higher categories as appropriate
Part II Agreements or Arrangements
Page Number
(g yen~~i 12
middoti
Category Of Arrlount or Value (x)
sect 8 gsect sect 0 ~ 0
sect ~ 0 08 ~ 0 88 8 ~ ~ 0 8 g 8 ~ 0 sectsect 08 sectsect 8o 0 8 0 0 o~ o~ 08 o~ 0 g 8 8 8 ~ 0 8 o ~III 0 010 0 bull III trici ~ III 10 ~ ~ III ~ - rri
III 0 o~ -- shy x - shy --shy - shy - shy I- shy ~-- -- shy
x
Report your agreements or arrangements for continuing participation in an of absence and (4) future employment See instructions regarding the reporting employee benefit plan (eg40Ik deferred compensation (2) continuation of negotiations for any of these arrangements or benefits payment by a fonner employer (including severance pavments) (3) leaves
None D Status and Terms of any Agreement or Arrangement Parties Date
Example I Pursuant to partnership agreement will receive lump sum payment of capita account amp partnership share Doe Jones amp Smith Hometown State 785 calculated on service nerformed throu2n 1100
r- Thave a vested interest in TIAA-CREF due to contributions from Harvard University where I served as Assistant Professor Harvard University -------shy
12rl6 from 1971-1976
---- shy
2
------shy f~~ ~~-~~
3
-------shy
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF 27amp (Rev 0312000) 5 CFR Part 2634 US Office of Government Ethics
ReportingTrr~~~~~---~T=~T~ rage NUmber
Yellen 13
pariitFP(isit~8rtsHeld()lii~id~~il~~ri~~~~blmeno5~~S~~J 0 bull Refjorf~y~positi~nsheld during theapPYi~b11ltreporti~g period whether cOnsultaritofariyltc6~onition~firm par111ershlpor ~iherbtIsiness enterprise or any comoensatedor not Positions include but are not limited to those of an officer nlln_nmfit Mmi7llltinr pAtillnllt in~titlltilln FYrln nllitilln~ with rpliailll
~
director trustee gemral oartner oroorietorreoresentative emolovee or sociaL fraternaL or political entities and those solelvof an honorary nature None CJ
Organization (Name and Address) Type of Organization Position Held I From (Mo Yr) I-I- _692_ To (Mo Yr)
Examples INafl As~n2f_R~clltColl~ctorsj NY NY _______________ _ [Doe Jones amp SmIth Hometown State
_ ~opofit~ucai~ ________ Law firm 1
J_ resi~ent __________ Partner
~ __ 785 1
J _Er~lt__ _ 100
2 I
3 I
IAkerlof and Yellen Family Trust Trust ITrustee
IResearch Associate 1Member of the Executive Committee
IHonorary Director
IBoard of Directors
Professor Emeritus
051992
091999
012007
012008
0112002
092006
Present
101032010
100312010
101032010
101032010
10032010
INational Bureau of Economic Research Nonprofit organization supporting research in economics
Bay Area Council Non-Qrofit
Non-profit
Non-profit orqanization of economists
IUniversitv
4
Childrens Hospital of Oakland 5
Economists for Peace and Security 6
University of California at Berkeley
Part IICpmpensationbl Excess Of$5~OOO Paid byOfieSource 00 not complete this part if you are an Incumbent Termination Filer or
Report sources of more than $5000 co mpensation received by you or your business affiliation for services provided directly by you during anyone year of the reporting period This includes the names of clients and customers of any
corporation firm partnershipor other business enterprise or any other non-profit organization when you directly provided the services generating a fee or payment of more thai $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None CJ
Source (Name and Address) Brief Description of Duties IQoe Jones amp Smith Hometown State
Examples IMctro Unive~itv (~lient-of Thie Joes amp-Smith) Monevtown -State shy - - - - -
~~als~ic~__________________________________________ _
Lellal services in connection with university construction
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used
SF 278 (Rev 0312000) 5 CFR Part 2634 US Office of Govermnent Ethics
Reporting Individuals Name
Yellen Janet l lt~
~~~~~~iLlt~ ltbullbull bullbull y bullbullolt bullbullbull bull bullbull gt cbullbullbullbull bullbull j
ce bullbullbull
middot~$CHEJ)ULEJt~ middotmiddotmiddotmiddotlgt bullbull d bull ~ ~
Ilage llUmOer
middotmiddotmiddot[~tmiddotmiddotX ~ 14
lt gti
Partl PdsitioIis~Iield()titsideUS2middotGoerDffienfbull bull hi ~~-~bull J
Report any positions hJid dur1ngthe~pplicable repotiingp~riod whether~)middot consultant oflIDY corporation finn partnership other business enterprise or any --shy -compensated or not Positions include but are not limited to those OfM officer nnn nrnfit nrO~ni7~ti)n nr pdl1r~tinnlt in~t1tlltiln Ifyt-llIip nn~iti(n~ with TP)101nl1lt director trustee general oartner oroprietor representative employee or social fraternaL or political entities and those solely ofan honorary nature
D None
Organi7ation (Name and Address) Type ofOrganization Position Held From (Mo Yr) To (Mo Yr) Examples ~rl As~nQ(~c~ Coll~ctor~NY~ NY bull _ bull _____ bull shy ____ bull _ _li0pofit Iducai ______ bull _ _ fresiltent __ bull ___ _ bull _ bull r- _692 __ Present Doe Jones amp Smith Hometown State Law firm Partner 785 -ioO ---shy1
Group of Thirty Non-profit Member 709 100310 2
3
4
5
6
~art 1ICompensationlnExcessOt$5OOOPai~by One Source Do not complete this part R-eport sources of more than $5000 ~oinpensation receivedby you or your corporation firm partnership or other business enterprise or any othetnonprofit jf you are an Incumbent business affiliation for services provided directly by you during anyone year of organization when you directly provided the services generating a fee or payment Termination Filer or the reporting period This inCludes the names of clients arid customers of any ofmorethan $5000 You need not report the US Government as a source Vice Presidential
or Presidential Candidate None D
Source (Namemiddot and Address) BriefDescriotion of Duties ~~ Jones amp Smith Hometown State E~~~i~_ _____ __~ ____ _______________ _ _______
Examples Metro U~iversity-(~Iientmiddotof DOeYoes amp -Smith)~ Moneyto- State - shy - shy - shy Legal services in connection with university construction 1
2
3
4
5
6
Prior Editions Cannot Be Used