Adair F. Boroughs
U.S. Attorney for the District of South Carolina
Estimated Net Worth
- $36 K - $192 K
Salary
- Unknown
Employment
- Started 07/26/2022
Records
Financial Disclosure Details - OGE Form 278e (12/13/2021)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Boroughs Bryant, LLC | Columbia, South Carolina | Partner | Present |
2 | Adair Legal, LLC | Columbia, South Carolina | Owner | Present |
3 | Friends of the Truman Foundation | Washington, District of Columbia | Director | Present |
4 | Charleston Legal Access | Charleston, South Carolina | Executive Director; Attorney | 12/2019 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Boroughs Bryant, LLC (50% owner) | $15,001 - $50,000 | LLC income | $5,000 |
2 | Adair Legal, LLC (sole proprietor) | None (or less than $1,001) | Legal Fees | $34,091 |
3 | Harry S. Truman Foundation - 2/13/2020 - 2/15/2020 | honorarium | $500 | |
4 | Harry S. Truman Foundation - 2/11/2021 - 02/13/2021 | honorarium | $500 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Boroughs Bryant, LLC | Columbia, South Carolina | After confirmation but before my appointment, I will withdraw from the firm, which will be subsequently dissolved. I will receive a payment equal to a return of my capital contributions and half of net profit through the date of my withdrawal | 9/2021 |
2 | Adair Legal, LLC | Columbia, South Carolina | The sole practice has been completely shut down operationally, and there are no outstanding fees owed to it. The LLC still exists (it has not been dissolved under state law), but it has no activity. It will remain entirely inactive throughout my government service. | 12/2021 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Adair Legal, LLC | Columbia, South Carolina | Owner and solo practitioner |
2 | Charleston Legal Access | Charleston, South Carolina | Executive Director; Attorney |
3 | Rosen Law Firm, LLC | Charleston, South Carolina | Legal Research and Writing (Client of Adair Legal LCC) |
4 | ACLU of South Carolina | Charleston, South Carolina | Legal Services (Client of Boroughs Bryant, LLC) |
5 | Palmetto State Priorities, LLC | Charleston, South Carolina | Legal Services (Client of Adair Legal, LLC and Boroughs Bryant, LLC) |
6 | Boroughs Bryant, LLC | Columbia, South Carolina | Partner, Attorney |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Institute for Child Success | salary, bonus | ||
2 | Engage Strategies (Consulting firm that provides strategic planning and policy analysis,) | consulting fees | ||
3 | PS Post (Greeting Cards) | consulting fees | ||
4 | IRA #1: | |||
4.1 | Columbia Large Cap Growth Fund Class A (LEGAX) | $1,001 - $15,000 | None (or less than $201) | |
4.2 | Columbia Disciplined Core Fund Class A (AQEAX) | None (or less than $1,001) | None (or less than $201) | |
5 | IRA #2: | |||
5.1 | American Funds The Growth Fund of America® Class A (AGTHX) | $1,001 - $15,000 | None (or less than $201) | |
6 | Institute for Child Success, defined contribution plan | |||
6.1 | Fidelity® 500 Index Fund | $15,001 - $50,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank #1 (cash) | $1,001 - $15,000 | None (or less than $201) | |
2 | U.S. bank #2 (cash) | $1,001 - $15,000 | None (or less than $201) | |
3 | Schwab Total Stock Market Index Fund (SWTSX) | $1,001 - $15,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Guild Mortgage | $250,001 - $500,000 | 2021 | 30-year |
2 | Guild Mortgage | $100,001 - $250,000 | 2016 | 30-year |
3 | Nelnet | $15,001 - $50,000 | 2007 | 25-year |
4 | U.S. Department of Education | $250,001 - $500,000 | 2011 | Income based repayment / 30- year |
5 | Discover Student Loans | $10,001 - $15,000 | 2011 | 15-year |
6 | Discover Student Services (the loans on lines 7 and 8 aggregate to more than the reporting threshold, but the balances of the individual loans are below the reporting threshold | $10,001 - $15,000 | ||
7 | - Discover Student Loans | 2007 | 20 year | |
8 | - Discover Student Loans | 2007 | 15 year |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
1 | 4 | I was Executive Director from January 2017 through March 2019, when I stepped down to announce my candidacy for Congress. From April - December of 2019, I was a part-time attorney. |
8 | 2 | This mortgage was paid in full in 2021 when refinanced. |
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