HIT: The Kennedys have made more than $2 million off a ...€¦ · HIT: The Kennedys have made more than $2 million off a mental health nonprofit that consistently lost money year

HIT: The Kennedys have made more than $2 million off a mental health nonprofit that consistently lost money year after year. Instead of directing more funding to serving those most at risk with outreach, the Kennedy’s used this foundation to pad their multi-million dollar lifestyle, which included a million dollar mansion on the water in Brigantine. BACKUP Patrick Kennedy founded The Kennedy Forum in 2013:

• Patrick Kennedy founded The Kennedy Forum in 2013. “The son of Senator Edward “Ted” Kennedy, Patrick decided to leave Congress not long after his father’s death to devote his career to advocacy for brain diseases, pursue a healthier life, and start a family. In 2012, he co-founded One Mind, a global leader in open science collaboration in brain research. In 2013, he founded The Kennedy Forum, a nonprofit that unites mental health advocates, business leaders, and government agencies around a common set of principles, including full implementation of the Federal Parity Law.” (The Kennedy Forum, “About,” Accessed 8/16/20)

Amy Kennedy served as Education Director of The Kennedy Forum:

• Amy Kennedy served as Education Director of The Kennedy Forum. “Amy Kennedy served as education director of The Kennedy Forum, a 501(c)(3) non-profit that her husband formed seven years ago after battling addiction and mental health issues.” (David Wildstein, “Cunningham hammers Kennedy on ties to non-profit,” NJ Globe, 3/4/20)

From 2014-2018, Patrick Kennedy earned $2,236,328 in total compensation, with his compensation more than doubling from $247,375 in 2014, to $550,925 in 2018, a more than 120% increase. During that same time period, The Kennedy Forum had a negative net income in four out of the five years: The Kennedy Forum is registered as Mental Health Leadership Initiative, Inc on their Form 990s:

• The Kennedy Forum is registered as Mental Health Leadership Initiative, Inc on their Form 990s.

(The Kennedy Forum, 2018 Form 990, 11/15/19)

https://www.thekennedyforum.org/about/leadership/https://newjerseyglobe.com/congress/cunningham-hammers-kennedy-on-ties-to-non-profit/https://apps.irs.gov/pub/epostcard/cor/465714524_201812_990_2020013117093630.pdf

2014 In 2014, Patrick Kennedy earned $247,375 in total compensation:

• In 2014, Patrick Kennedy earned $247,375 in total compensation as President and CEO of The Kennedy Forum.


Total revenue was nearly $20 million with just over $2 million in expenses:

• The Kennedy Forum’s total revenue in 2014 was $19,997,885 with $2,139,821 in expenses.



https://projects.propublica.org/nonprofits/display_990/465714524/2016_02_EO%2F46-5714524_990_201412https://projects.propublica.org/nonprofits/organizations/465714524

• In 2015, Patrick Kennedy’s total compensation was $558,788.


Total revenue in 2015 was $2,218,787 with total functional expenses totaling $5,559,344:

• The Kennedy Forum’s total revenue in 2015 was $2,218,787 with a total of $5,559,344 in expenses leaving them with negative $3,430,557 in net income.

(The Kennedy Forum, 2015 Forum 990, 11/15/16)


• Patrick Kennedy earned $342,843 in total compensation.


https://projects.propublica.org/nonprofits/display_990/465714524/2017_03_EO%2F46-5714524_990_201512https://projects.propublica.org/nonprofits/organizations/465714524https://projects.propublica.org/nonprofits/display_990/465714524/01_2018_prefixes_46-47%2F465714524_201612_990_2018010915101870

In 2016, The Kennedy Forum had a net income of negative $3,466,752 with $1,135,806 in total revenue and $4,602,558 in total expenses:

• In 2016, The Kennedy Forum had a net income of negative $3,466,752 with $1,135,806 in total revenue and $4,602,558 in total expenses.



• In 2017, Patrick Kennedy earned $536,397 in total compensation.


In 2017, The Kennedy Forum had negative $1,393,007 in net income, with $2,783,035 in total revenue, and $4,176,042 in total expenses:

• In 2017, The Kennedy Forum had negative $1,393,007 in net income, with $2,783,035 in total revenue, and $4,176,042 in total expenses.

https://projects.propublica.org/nonprofits/organizations/465714524https://projects.propublica.org/nonprofits/display_990/465714524/02_2019_prefixes_46-47%2F465714524_201712_990_2019021416097549



• In 2018, Patrick Kennedy earned $550,925 in total compensation.


In 2018, The Kennedy Forum had negative $2,616,700 in net income, with $645,742 in total revenue, and $3,262,442 in total expenses:

• In 2018, The Kennedy Forum had negative $2,616,700 in net income, with $645,742 in total revenue, and $3,262,442 in total expenses

https://projects.propublica.org/nonprofits/organizations/465714524https://apps.irs.gov/pub/epostcard/cor/465714524_201812_990_2020013117093630.pdf


In November 2010, Patrick Kennedy, operating under New Chapter Realty Trust, purchased a home in Brigantine for $1,100,000:

• In November 2010, New Chapter Realty Trust purchased the home in Brigantine for $1,100,000.

https://apps.irs.gov/pub/epostcard/cor/465714524_201812_990_2020013117093630.pdf

(Atlantic County Clerk, Recorded 11/12/10)

o A 2014 mortgage document lists New Chapter Realty Trust referencing the November 10 Deed for 2001 Bayshore Avenue in Brigantine.

(Atlantic County Clerk, Recorded3/20/14)

o Amy and Patrick Kennedy are listed as signers on the same document with Patrick

being listed as the “Settlor” of the New Chapter Realty Trust.

http://24.246.110.8/or_web1/http://24.246.110.8/or_web1/

(Atlantic County Clerk, Recorded 3/20/14)

• Kennedy bought the home in November 2010 for $1.1 million. “But Patrick knew what he wanted. He quietly bought the house, a 2,500-square-foot fixer-upper on a sprawling 14,500-square-foot lot with a dock on Brigantine Bay, for $1.1 million.” (Stephen Fried, “Patrick Kennedy and the Jersey Girl,” Philadelphia Magazine, 2/20/12)

• Aerial photo of the Kennedy home at 2001 Bayshore Ave in Brigantine.

(2001 Bayshore Ave, Google Maps, Accessed 8/17/20)

According to their 2020 financial disclosure, Amy and Patrick Kennedy are worth between $8,079,259 and $33,572,998:

http://24.246.110.8/or_web1/https://www.phillymag.com/news/2012/02/20/patrick-kennedy-and-the-jersey-girl/2/https://www.google.com/maps/place/2001+Bayshore+Ave,+Brigantine,+NJ+08203/@39.401592,-74.3889014,15.04z/data=!4m5!3m4!1s0x89c0f0728d48cb0f:0x4873174ceca204e5!8m2!3d39.4019114!4d-74.379938

• Amy and Patrick Kennedy reported between $9,094,259 and $34,033,001 in assets.

ASSET OWNER VALUE (LOW)

VALUE (HIGH)

INCOME TYPE

INCOME (LOW)

INCOME (HIGH)

133 Oakcrest LLC (Rental)

$100,001.00 $250,000 Rent $5,001 $15,000

529 Plan 529 Plan #1 $100,001.00 $250,000 Tax-Deferred 529 Plan #2 $50,001.00 $100,000 Tax-Deferred 529 Plan #3 $100,001.00 $250,000 Tax-Deferred 529 Plan #4 $15,001.00 $50,000 Tax-Deferred 529 Plan #5 $15,001.00 $50,000 Tax-Deferred

AK Educational Consulting LLC $1,001.00 $15,000 None Amalgamated Bank Accounts JT $500,001.00 $1,000,000 Interest $201 $1,000 Campaign Loan $100,001.00 $250,000 None Ascensus Roth IRA $1,001.00 $15,000 Tax-Deferred Bank of America Account $15,001.00 $50,000 Interest $1 $200 Citibank Accounts SP $50,001.00 $100,000 Interest $1 $200 Citizens Bank Accounts SP $15,001.00 $50,000 Interest $1 $200 Citizens Bank Accounts JT $15,001.00 $50,000 Interest $1 $200 Clam Diggers Show'd Inn Inc $1,001.00 $15,000 Tax-Deferred

Equi-Vest TSA Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Equi-Vest TSA $15,001.00 $50,000 Tax-Deferred Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred

Equi-Vest TSA $1,001.00 $15,000 Tax-Deferred Family Trust #1

Arctic Royalty LP (Mineral Rights) SP $100,001.00 $250,000

Net Operating Income $5,001 $15,000

Braeburn Pharmaceuticals SP $250,001.00 $500,000 Citizens Checking Account SP $100,001.00 $250,000 Interest $1 $200 Citizens MM Account SP $100,001.00 $250,000 Interest $1 $200 Clean Slate Cleaners SP $100,001.00 $100,001 CPF Recovery Ways Holdings, LLC SP $15,001.00 $50,000 None DynamiCare Health SP $100,001.00 $250,000 InnovaTel, LLC SP $1,001.00 $15,000 Park Agency, Inc SP $50,001.00 $100,000 Park Realty Holdings Illinois SP $15,001.00 $50,000 Pear Therapeutics Inc SP $250,001.00 $500,000 Psych Hub, LLC SP

$1,000,001.00 $5,000,000

Quartet Health, Inc SP $500,001.00 $1,000,000 Wolf Point Owners LLC SP

$1,000,001.00 $5,000,000

Interest/Rent $100,001 $1,000,000

Family Trust #1 - DD LLC - Clear Health Partners LLC Clear Health Quality Institute LLC SP $250,001.00 $500,000

Family Trust #1 - Fidelity SEP-IRA Fidelity Government Money Market SP $1,001.00 $5,000

Capital Gains $1 $200

Family Trust #1 - FK Ventures VII LLC

Neuromotion, Inc SP $50,001.00 $100,000

Family Trust #1 - HPS Holding LLC HealthPointe Solutions, Inc SP $250,001.00 $500,000

Family Trust #1 - Park Holdings - Equity #1 Amansa Fund, LP SP $15,001.00 $50,000 DODWX-Dodge & Cox Global Stock Fund SP $100,001.00 $250,000 Dividends $2,500 HCP China Capital Appreciation Fund LP SP $15,001.00 $50,000 HCP Private Equity Fund VII, LP SP $15,001.00 $50,000 HCP Private Equity Fund VIII, LP SP $1,001.00 $5,000 Dividends $1 $200 Lone Cascade, LP (EIF) SP $100,001.00 $250,000 Dividends $1 $200 Northern Funds US Govt MM #1 SP $15,001.00 $50,000 Dividends $1 $200 Velt Partners Fund, LLC (EIF) SP $15,001.00 $50,000 Dividends $1 $200 Westwood Emerging Markets Fund SP $15,000.00 $50,000

Family Trust #1 - Park Holdings - Equity #1 - Buena Vista Asian Opportunity Fund AAVAS Financiers SP $1,001.00 $15,000 Bandhan Bank Ltd SP $1,001.00 $15,000 Dividends $1 $200 China Life Ins Co Ltd Shares H SP $1,001.00 $15,000 Dividends $1 $200 China Maple Leaf Educational Systems Limited SP $1,001.00 $15,000 Dividends $1 $200

China YuHua Education Corp Limited SP $1,001.00 $15,000 Dividends $1 $200 Goldman Sachs US Treasury Liquid Reserves Fund SP $1,001.00 $15,000 Dividends $1 $200 Philippine Seven Corp SP $1,001.00 $15,000 Sun Art Retail HK SP $1,001.00 $15,000 Dividends $1 $200 Vipshop Holdings Limited American Depositary Shares SP $1,001.00 $15,000

Family Trust #1 - Park Holdings - Equity #1 - Generation IM Global Equity Fund, LLC A.O. Smith Corporation (AOS) SP $1,001.00 $15,000 Dividends $1 $200 Acuity Brands, Inc SP $1,001.00 $15,000 Dividends $1 $200 Adidas AG SP $1,001.00 $15,000 Alphabet, Inc SP $1,001.00 $15,000 Analog Devices, Inc SP $1,001.00 $15,000 Dividends $1 $200 Applied Materials, Inc SP $1,001.00 $15,000 Dividends $1 $200 Aptiv PLC Ordinary Shares SP $1,001.00 $15,000 Dividends $1 $200 Baxter International, Inc SP $1,001.00 $15,000 Dividends $1 $200 Becton, Dickinson, and Company SP $1,001.00 $15,000 Dividends $1 $200 Cash Receivable #1 SP $15,001.00 $50,000 CBRE Group Inc Common Stock SP $1,001.00 $15,000 Cerner Corporation SP $1,001.00 $15,000

Charles Schwab Corporation SP $1,001.00 $15,000 Dividends $1 $200 Cognizant Technology Solutions Corp SP $1,001.00 $15,000 Dividends $1 $200 CSL Ltd SP $1,001.00 $15,000 Dividends $1 $200 DENTSPLY SIRONA INC SP $1,001.00 $15,000 Dividends $1 $200 Equifax, Inc SP $1,001.00 $15,000 Dividends $1 $200 Gartner, Inc SP $1,001.00 $15,000 Generation IM Cash #1 (Bank Account) SP $1,001.00 $15,000 Interest $1 $200 Henry Schein, Inc SP $1,001.00 $15,000 Illumina, Inc SP $1,001.00 $15,000 IndusInd Bank Ltd SP $1,001.00 $15,000 Dividends Informa PLC SP $1,001.00 $15,000 Dividends Jones Lang LaSalle Inc SP $1,001.00 $15,000 Dividends Kingspan Group Plc SP $1,001.00 $15,000 Dividends $1 $200 Legrand SA SP $1,001.00 $15,000 Dividends MercadoLibre Inc SP $1,001.00 $15,000 Microsoft Corporation SP $1,001.00 $15,000 Dividends $1 $200 Nutanix, Inc SP $1,001.00 $15,000 Ocado Group Plc SP $1,001.00 $15,000 Palo Alto Networks SP $1,001.00 $15,000 Penumbra, Inc SP $1,001.00 $15,000 Recruit Holdings, Co Ltd SP $1,001.00 $15,000 Dividends $1 $200 Salesforce.com Inc SP $1,001.00 $15,000 Sensata Technologies Holding Plc SP $1,001.00 $15,000 Stericycle, Inc SP $1,001.00 $15,000

Taiwan Semiconductor SP $1,001.00 $15,000 Dividends $1 $200 TE Connectivity Ltd New Switzerland Registered Shares SP $1,001.00 $15,000 Dividends $1 $200 Texas Instruments Inc SP $1,001.00 $15,000 Dividends $1 $200 The Cooper Companies Inc SP $1,001.00 $15,000 Thermo Fisher Scientific SP $1,001.00 $15,000 Dividends $1 $200 Trane Technologies Plc SP $1,001.00 $15,000 Trimble Inc SP $1,001.00 $15,000 Unilever NV SP $1,001.00 $15,000 Dividends $1 $200 Varian Medical Systems, Inc SP $1,001.00 $15,000 Workday, Inc SP $1,001.00 $15,000

Family Trust #1 - Park Holdings - Equity #1 - McDonald Capital Investors Alphabet. Inc SP $1,001.00 $15,000 Berkshire Hathaway, Inc SP $1,001.00 $15,000 Brookfield Asset Management SP $1,001.00 $15,000 Dividends $1 $200 Comcast Corporation SP $1,001.00 $15,000 Dividends $1 $200 Ecolab Inc SP $1,001.00 $15,000 Dividends $1 $200 Expeditors International of Washington, Inc SP $1,001.00 $15,000

Cap Gains, Dividends $201 $1,000

Fastenal Company SP $1,001.00 $15,000

Cap Gains, Dividends $1 $200

JP Morgan & Chase SP $1,001.00 $15,000 Martin Marietta Materials, Inc SP $1,001.00 $15,000

Nike, Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Northern Trust Cash Account #1 SP $1,001.00 $15,000 Interest $1 $200

Paycheck, Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Progressive Corporation SP $1,001.00 $15,000


Regeneron Pharmaceuticals SP $1,001.00 $15,000


Union Pacific Corporation SP $1,001.00 $15,000

Cap Gains, Dividends $1,001 $15,000

Wells Fargo & Company SP $1,001.00 $15,000


Family Trust #1 - Park Holdings - Fixed Income #1 Chicago ill met wtr reclamation dist gtrchicago 5% SP $1,001.00 $15,000 Connecticut St Ser B 5 DUE 5-15-2023 SP $1.00 $1,000 Dawson Ridge Met Dist No 1 Colo Zero SP $1,001.00 $15,000 Illinois Fin Auth Rev 5% 08-15-2021 SP $1,001.00 $15,000 Interest $1 $200 Metropolitan Transn Auth N Y Rev 5% SP $1.00 $1,000 Metropolitan Transn Auth N Y Rev BD Antic SP $1,001.00 $15,000 Interest $1 $200 Northern Funds US Govt MM #2 SP $15,001.00 $50,000 Interest $1 $200 Pennsylvania ST TPK Common Oil Franchise Tax SP $1,001.00 $15,000 Pennsylvania ST TPK Commn TPK REV SP $1,001.00 $15,000 Interest $1 $200

San Antonio Tex Wtr Rev Rmrktd SP $1,001.00 $15,000 St Cloud Minn Health Care Rev 5.125% SP $1,001.00 $15,000 United States Treas Bills 0% 4-16-2020 SP $1,001.00 $15,000 United States Treas NTS DTD SP $1,001.00 $15,000

Family Trust #1 - Park Holdings - Hedge #1 American Steadfast LP SP $100,001.00 $250,000 Centerbridge Special Cr 2 LP SP $1,001.00 $15,000 Davidson Kempner Distressed Opp Fund LP SP $50,001.00 $100,000 Davidson Kempner Partners Fund SP $100,001.00 $250,000 Empyrean Capital Fund SP $50,001.00 $100,000 Fir Tree Value Fund SP $1,001.00 $15,000 Luxor Capital Partners LP SP $100,001.00 $250,000 Mount Kellett Cap Part II LP SP $1,001.00 $15,000 Northern Funds US Govt MM #3 SP $15,001.00 $50,000 Interest $1 $200 Taconic Opportunity Fund II LP SP $100,001.00 $250,000 Tybourne Equity Fund SP $100,001.00 $250,000 Varde Investment Partners LP SP $100,001.00 $250,000

Family Trust #1 - Park Holdings - Private Equity Deutsche Banc Special Opps Fund SP $1,001.00 $15,000

Northern Funds US Govt MM #4 SP $1,001.00 $15,000 Interest $1 $200 Rockefeller Access Fund I LLC SP $1,001.00 $15,000

Family Trust #1 - Peoples United Brokerage Account American Electric Power Company SP $1,001.00 $15,000 Dividends $1 $200 American Water Works Company SP $1,001.00 $15,000 Dividends $1,001 $2,500

Amgen, Inc SP $1,001.00 $15,000 Cap Gains, Dividends $201 $1,000

Apple, Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Arthur J. Gallagher & Co. SP $1,001.00 $15,000


AT&T Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Avery Dennison Corporation SP $1,001.00 $15,000 Bank of America Corporation SP $1,001.00 $15,000 Best Buy Co. Inc SP $1,001.00 $15,000 Dividends $201 $1,000 Blackrock High Yield Municipal K SP $1,001.00 $15,000 Blackrock Strategic Muni Opps K SP $15,001.00 $50,000 Celanese Corporation SP $1,001.00 $15,000 Chevron Corporation SP $1,001.00 $15,000 Cisco Systems, Inc SP $1,001.00 $15,000 Dividends $1 $200 Citigroup, Inc SP $1,001.00 $15,000 Dividends $1 $200 CMS Energy Corporation SP $1,001.00 $15,000 Dividends $1 $200 Coca-Cola Company SP $1,001.00 $15,000


Comcast Corporation - Class A SP $1,001.00 $15,000 Dividends $1 $200 CVS Corporation SP $1,001.00 $15,000 Dividends $1 $200 Dreyfus Prime MM Fund A SP $15,001.00 $50,000 Dividends $1 $200 Eli Lilly and Company SP $1,001.00 $15,000


Emerson Electric Company SP $1,001.00 $15,000 Fidelity Intermediate Minuicipal Income SP $50,001.00 $100,000

Dividends, Interest $201 $1,000

Fidelity Limited Term Muni inc SP $15,001.00 $50,000

Cap Gains, Dividends, Interest $201 $1,000

Hanover MA 4.0% 9/01/2021 SP $15,001.00 $50,000 Interest $201 $1,000 Home Depot, Inc SP $1,001.00 $15,000 Dividends $1 $200 Honeywell International SP $1,001.00 $15,000


Intel Corporation SP $1,001.00 $15,000


International Paper Company SP $1,001.00 $15,000


iShares Core S&P Mid-Cap ETF SP $50,001.00 $100,000 Dividends $1 $200 iShares Russell 2000 ETF SP $15,001.00 $50,000 Dividends $1 $200 iShares S&P 500 Growth ETF SP $50,001.00 $100,000 Dividends $1 $200 Johnson & Johnson SP $1,001.00 $15,000 Dividends $1,001 $2,500 JP Morgan Chase & Co. SP $1,001.00 $15,000


Kimberly-Clark Corporation SP $1,001.00 $15,000


Lamar Advertising Company SP $1,001.00 $15,000 Lockheed Martin Corporation SP $1,001.00 $15,000 Massachusetts Bay Transn Auth Rev 5% SP $15,001.00 $50,000 Interest $201 $1,000 Massachusetts ST Transprtn Fund Rev 5% SP $15,001.00 $50,000 McDonald's Corporation SP $1,001.00 $15,000


Medtronic plc Ordinary Shares SP $1,001.00 $15,000


Merck & Company Inc SP $1,001.00 $15,000


Microsoft Corporation SP $1,001.00 $15,000


Morgan Stanley SP $1,001.00 $15,000

ONEOK, Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Paychex, Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Pfizer, Inc SP $1,001.00 $15,000 Dividends $201 $1,000 Phillips 66 SP $1,001.00 $15,000 PNC Financial Services Group SP $1,001.00 $15,000 Procter & Gamble SP $1,001.00 $15,000


Public Storage SP $1,001.00 $15,000 Royal Dutch Shell PLC SP $1,001.00 $15,000 Texas Instruments Inc SP $1,001.00 $15,000 The Travelers Companies SP $1,001.00 $15,000 Truist Financial Corporation SP $1,001.00 $15,000 Dividends $201 $1,000 Vanguard Real Estate ETF SP $1,001.00 $15,000

Verizon Communications Inc SP $1,001.00 $15,000 Dividends $201 $1,000 Waste Management, Inc SP $1,001.00 $15,000 Dividends $201 $1,000

Family Trust #2 - Park Holdings - Equity #2 Amansa Fund LP SP $1,001.00 $15,000 DODWX-Dodge & Cox Global Stock Fund SP $15,001.00 $50,000


HCP China Capital Appreciation Fund LP SP $1,001.00 $15,000 HCP Private Equity Fund VII LP SP $1,001.00 $15,000 Lone Cascade LP (EIF) SP $15,001.00 $50,000 Northern Funds US Govt MM #5 SP $1,001.00 $15,000 Interest $1 $200 Velt Partners Fund LLC SP $1,001.00 $15,000 Westwood Emerging Markets Fund LLC SP $1,001.00 $15,000

Family Trust #2 - Park Holdings - Equity #2 - Generation IM Global Equity Fund LLC Alphabet Inc - Class C Capital Stock SP $1,001.00 $15,000 Baxter International Inc SP $1,001.00 $15,000 Dividends $201 $1,000 Cash Receivable #2 SP $1,001.00 $15,000

Family Trust #2 - Park Holdings - Equity #2 - McDonald Capital Investors, Inc #2 Charles Schwab Corporation SP $1,001.00 $15,000 Dividends $1 $200

Ecolab Inc SP $1,001.00 $15,000 Cap Gains, Dividends $1 $200

Fastenal Company SP $1,001.00 $15,000

Paychex, Inc SP $1.00 $1,000 Cap Gains, Dividends $1 $200

Progressive Corporation SP $1,001.00 $5,000


Family Trust #2 - Park Holdings - Fixed Income #2 Northern Funds US Govt MM #6 SP $1,001.00 $15,000 Interest $1 $200

Family Trust #3 Northern Trust Checking Account SP

$1,000,001.00 $5,000,000 Interest $201 $1,000

Wolf Point Owners LLC SP

$1,000,001.00 $5,000,000

Int, Income, Rent $100,001 $1,000,000

WPW Funds Receivable SP $50,001.00 $100,000

Family Trust #3 - Park Holdings - Equity #3 Amansa Fund LP SP $1,001.00 $15,000 DODWX-Dodge & Cox Global Stock Fund SP $1,001.00 $15,000 Dividends $1 $200 HCP China Capital Appreciation Fund LP SP $1,001.00 $15,000 HCP Private Equity Fund VII LP SP $1,001.00 $15,000 Lone Cascade LP (EIF) SP $1,001.00 $15,000 Dividends $1 $200 Northern Funds US Govt MM #7 SP $1,001.00 $15,000 Interest $1 $200 Velt Partners Fund LLC (EIF) SP $1,001.00 $15,000 Westwood Emerging Markets Fund LLC SP $1,001.00 $15,000 Dividends $1 $200

Family Trust #3 - Park Holdings - Equity #3 - Buena Vista Asian Opportunity Fund Cash Receivable #3 SP $1,001.00 $15,000

Family Trust #3 - Park Holdings - Hedge #3 American Steadfast LP SP $15,001.00 $50,000 Centerbridge Special Cr 2 LP SP $1,001.00 $15,000 Davidson Kempner Distressed Opp Fund LP SP $1,001.00 $15,000 Davidson Kempner Partners Fund SP $15,001.00 $50,000 Empyrean Capital Fund SP $15,001.00 $50,000 Fir Tree Value Fund SP $1,001.00 $15,000 Luxor Capital Partners LP SP $15,001.00 $50,000 Mount Kellett Cap Part II LP SP $1,001.00 $15,000 Northern Funds US Govt MM #8 SP $1,001.00 $15,000 Interest $1 $200 Taconic Opportunity Fund II LP SP $15,001.00 $50,000 Tybourne Equity Fund SP $15,001.00 $50,000 Varde Investment Partners LP SP $15,001.00 $50,000

Fidelity SEP-IRA Citibank Insured Deposit SP $100,001.00 $250,000 Tax-Deferred

Knights of Columbus Life Insurance Policy $1,001.00 $15,000 Interest $1 $200

Lincoln Investment RTHIRA-RSP ICON Fund S $1,001.00 $15,000 Tax-Deferred Invesco International Growth Fund A $1,001.00 $15,000 Tax-Deferred

Lincoln Investment 403B-RS ICON Inernational Investment Fund A $1,001.00 $15,000 Tax-Deferred Invesco Government MMrkt Fund-Cash Reserve Shares $15,001.00 $50,000 Tax-Deferred Invesco Core Plus Bond Fund A $1,001.00 $15,000 Tax-Deferred Invesco Growth & Income Fund A $1,001.00 $15,000 Tax-Deferred Invesco Oppenheimer International Diversified A $1,001.00 $15,000 Invesco Summit Fund $1,001.00 $15,000

Next Chapter LLC, 100% Interest SP $100,001.00 $250,000

Net Operating Income $15,001 $50,000

TOTAL $9,094,259.00 $34,033,001 $237,917 $2,144,100

(Clerk of the House of Representatives, Amy Kennedy Financial Disclosure, 6/7/20)

• Amy and Patrick Kennedy reported between $460,003 and $1,015,000 in Liabilities.

CREDITOR OWNER VALUE (LOW)

VALUE (HIGH)

Wells Fargo Home Mortgage $100,001 $250,000 Amalgamated Bank $100,001 $250,000 American Express JT $10,000 $15,000

The Northern Trust Company SP $250,001 $500,000

TOTAL $460,003 $1,015,000

(Clerk of the House of Representatives, Amy Kennedy Financial Disclosure, 6/7/20)

https://disclosures-clerk.house.gov/public_disc/financial-pdfs/2020/10035571.pdfhttps://disclosures-clerk.house.gov/public_disc/financial-pdfs/2020/10035571.pdf

Documents

HIT: The Kennedys have made more than $2 million off a ...€¦ · HIT: The Kennedys have made more than $2 million off a mental health nonprofit that consistently lost money year