Kennedy Heir Running For Congress Lists Trust Funds, No Earned Income

Financial disclosure documents tied to congressional candidate Jack Schlossberg show the Kennedy family heir reported no earned income in 2025, while listing four family trust funds as financial assets.

Schlossberg, the only grandson of President John F. Kennedy, is running for the Democratic nomination in New York’s 12th Congressional District, the seat being vacated by longtime Rep. Jerry Nadler.

The disclosure filings, required for federal candidates, offer a glimpse into the finances of one of the country’s most prominent political heirs as he attempts to enter elective office for the first time.

According to the filing highlighted in the report, Schlossberg did not report any “earned income” for 2025, meaning he listed no wages or salary from employment during that year.

Instead, the disclosure lists four separate trust funds tied to the Kennedy family fortune. Trust income is categorized differently from wages or salary under federal financial disclosure rules.

Trust funds are commonly used among wealthy families to hold investments and distribute income to beneficiaries over time.

Financial disclosures submitted by congressional candidates typically list assets, liabilities and income sources, though they often report ranges rather than exact figures.

Keep reading

Unknown's avatar

Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

Leave a comment