R

Rachel Collins

Next Generation
Trust Beneficiary Honeycomb Employee Foundation Board
Beneficial Interest (Est.)
~$61M
Share of Trusts
1/3
Annual Salary
$120,000
401(k) Balance
$283,333

📊 Understanding Your Beneficial Interest

As a 1/3 beneficiary of the family trusts, Rachel's estimated beneficial interest is:

~$61,000,000

This represents 1/3 of the 2010 Collins Trust (~$130M) + 1/3 of the 2019 Chesterfield Trust (~$53M). Actual distributions are at trustee discretion.

👔 Employment

Employer Honeycomb Investments, LLC
Role [To be added]
Annual Salary $120,000
401(k) Match Yes (via trust)

🎓 Education

Undergraduate [To be added]
Degree [To be added]
Year [To be added]

🏛️ Trust Beneficial Interests

Rachel is a 1/3 beneficiary of the following trusts, sharing equally with Zach and Reese.

TrustTotal ValueRachel's Share (1/3)Estimated Value
2010 Collins Trust (GST Exempt)$110,446,00033.3%$36,815,333
2010 Collins Trust (GST Taxable)$20,069,06433.3%$6,689,688
2019 Chesterfield Trust (GST Exempt)$46,852,80833.3%$15,617,603
2019 Chesterfield Trust (GST Taxable)$6,431,28433.3%$2,143,761
Total Beneficial Interest~$61,266,385

Note: These are beneficial interests, not direct ownership. Distributions are made at trustee discretion for health, education, maintenance, and support.

💰 Direct Holdings

AssetAccountValue
401(k)Honeycomb Plan @ Fidelity$283,333
Personal Savings[To be added][TBD]
Total Direct Holdings$283,333+

🎯 Roles & Responsibilities

Foundation

MD Collins Family Foundation - Board Member

As a foundation board member, Rachel participates in grant decisions and helps guide the family's charitable giving strategy.

Future Succession

Rachel is being prepared for increased responsibility in family governance as part of the next generation transition planning.

🏠 Property Access

As a family member, Rachel has booking access to all family properties:

  • Tribune Tower 1502 (Chicago)
  • Tribune Tower 620 (Chicago)
  • Napa Property
  • Breckenridge
  • Berkeley
  • Lakehouse (Conant Drive)
  • Bedford House (with parents' permission)

→ Book a Property