2022-04-12T15:36:48-05:00 2021-06-25 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2020-06-27 042505372 CHARLES STARK DRAPER LABORATORY INC CHAR 6172581000 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 CHRISTINE ALBERTELLI CFO & TRES. 6172581870 2022-03-25 1 CHRISTINE ALBERTELLI XXX-XX-XXXX DANIEL ROMANO P00504182 2125990100 2022-03-25 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR WILLIAM A LAPLANTEC 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 793190949 0 X WWW.DRAPER.COM X 1973 MA PIONEER IN THE APPLICATION OF SCIENCE AND TECHNOLOGY IN THE NATIONAL INTEREST. 11 10 2303 0 0 3495 2503751 3050415 665553475 718901116 2517415 16783565 4423484 2287810 674998125 741022906 3610484 3230179 0 0 321259270 331054204 0 0 0 368091364 375999739 692961118 710284122 -17962993 30738784 621806428 683581113 308058496 259174780 313747932 424406333 DRAPER'S ENGINEERS DESIGN, DEVELOP AND DEPLOY ADVANCED TECHNOLOGY SOLUTIONS FOR THE WORLD'S MOST DIFFICULT AND IMPORTANT PROBLEMS. 0 0 347925328 694797 417711515 STRATEGIC SYSTEMS: WHEN THE NATION NEEDS DETERRENCE THAT WORKS, IT RELIES ON DRAPER. WE DEVELOP, TEST AND DELIVER THE WORLD'S MOST ACCURATE AND RELIABLE GUIDANCE, NAVIGATION & CONTROL SYSTEMS; RADIATION-HARDENED ELECTRONICS; PRECISION SENSORS AND CYBER RESILIENCE TO DRIVE MISSION SUCCESS. 236062245 725334 283356877 NATIONAL SECURITY & SPACE: FROM PIONEERING PRECISION GUIDANCE FOR MUNITIONS, DESIGNING AUTONOMY ARCHITECTURE FOR UNMANNED UNDERSEA VEHICLES, ADVANCING CELESTIAL NAVIGATION TECHNOLOGY, DEVELOPING ALGORITHMS FOR GEOSPATIAL INTELLIGENCE ANALYSIS, DEVISING BOTH HARDWARE AND SOFTWARE CYBER SECURITY FOR EMBEDDED SYSTEMS - AND MORE, WE COLLABORATE WITH OUR CUSTOMER TO ENSURE THEY HAVE THE CAPABILITIES THEY NEED WHEN THEY NEED THEM. IN SPACE, WE CONTINUE TO SUPPORT HUMANKIND'S DESIRE TO SURPASS THE BOUNDARIES OF OUR PLANET. DRAPER ENGINEERS SOLUTIONS THAT ENABLE SPACE EXPLORATION. 14851202 1810048 17832724 COMMERCIAL PROGRAMS: FOR MORE THAN 80 YEARS, DRAPER HAS DELIVERED NEW CAPABILITIES TO SUPPORT U.S. NATIONAL SECURITY. IN OFTEN CHALLENGING ENVIRONMENTS, WHEN LIVES ARE ON THE LINE, YOUR TECHNOLOGIES HAVE TO WORK. MANY OF THE TOOLS AND CAPABILITIES DELIVERED FOR OUR NATIONAL SECURITY CUSTOMERS MAY BE APPLIED TO SOLVE CHALLENGES IN THE COMMERCIAL SECTOR. WITH THREE AREAS OF EMPHASIS, DRAPER CREATES DIFFERENTIATING CAPABILITIES. 598838775 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 232 0 1 2303 1 0 0 0 0 0 0 0 0 0 0 1 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MA X WILLIAM BARNES 6172584475 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 X WILLIAM A LAPLANTE PRES., CHIEF EXE OFF-BEG OCT 2020 40.00 0.00 X X 178151 0 15850 DAVID R SHEDD CHAIRMAN 5.00 0.00 X 85000 0 0 JOANNE M MAGUIRE DIRECTOR 3.00 0.00 X 44000 0 0 SUSAN HOCKFIELD DIRECTOR 3.00 0.00 X 42750 0 0 TERRY J BENEDICT DIRECTOR 3.00 0.00 X 41500 0 0 LENA G GOLDBERG DIRECTOR 3.00 0.00 X 40000 0 0 DAVID B ARONOFF DIRECTOR 3.00 0.00 X 40000 0 0 D RICK WILLIAMS DIRECTOR 3.00 0.00 X 37500 0 0 GARY S MAY DIRECTOR 3.00 0.00 X 37500 0 0 WANDA A SIGUR DIRECTOR-BEG MARCH 2021 3.00 0.00 X 5500 0 0 BETTY SAPP DIRECTOR 3.00 0.00 X 37500 0 0 ELIZABETH MORA CAO -END AUG 2020 40.00 0.00 X 1310322 0 36251 STEVEN DITULLIO VP STRATEGIC SYS-END AUG 2020 40.00 0.00 X 1209670 0 42910 JENNIFER L JENSEN VP NATL SEC & SP PROG-END JAN 2021 40.00 0.00 X 531122 0 45552 TARA S CLARK VP, OPS AND COMM. PROG. 40.00 0.00 X 345024 0 137960 ANTHONY S KOUREPENIS VP ST SYS PROG-BEG JAN 2021 40.00 0.00 X 394871 0 60430 RICHARD J RUSSELL VICE PRESIDENT FOR ENGINEERING 40.00 0.00 X 391531 0 60748 NEIL J ADAMS VP NATIONAL SEC & SPACE-BEG JAN 2021 40.00 0.00 X 370445 0 66637 CHRISTINE ALBERTELLI CFO & TREASURER-BEG AUG 2020 40.00 0.00 X 321843 0 66811 ALEXA ADAMS SECRETARY, VP AND GENERAL COUNSEL 40.00 0.00 X 288988 0 58549 ROBERT A LARSEN PRINCIPAL DIRECTOR, SPECIAL PROG. 40.00 0.00 X 310751 0 61511 SARAH B LEEPER PRINCIPAL DIRECTOR, DEFENSE SYSTEMS 40.00 0.00 X 286243 0 55987 FRANK J SERNA PRINCIPAL DIRECTOR 40.00 0.00 X 373742 0 50358 SEAMUS T TUOHY PRINCIPAL DIRECTOR-THRU JULY 2020 40.00 0.00 X 338150 0 44850 MICHAEL F CRONES CHIEF OF STAFF 40.00 0.00 X 320948 0 60265 ALEXANDER C EDSALL PRINCIPAL DIRECTOR 40.00 0.00 X 320105 0 50930 TIMOTHY C HENDERSON PRINCIPAL DIRECTOR 40.00 0.00 X 310274 0 57403 LT GEN RET FRANCIS KEARNEY DIRECTOR, FORMER PRESIDENT & CEO 40.00 0.00 X 386112 0 29575 GEORGE M MILNE JR FORMER DIRECTOR 40.00 0.00 X 37500 0 0 KAIGHAM J GRABRIEL PRESIDENT AND CEO-END MAY 2020 40.00 0.00 X 1711545 0 39665 JOHN R DOWDLE VP OF ENGINEERING - END MARCH 2018 4.00 0.00 X 206769 0 0 ROBERT DURKIN PRINCIPAL DIR. ADMINISTRATION 40.00 0.00 X 274281 0 26881 10629637 0 1069123 1291 1 1 0 EMERALD ISLE SYSTEMS LLC 225 LITTLETON ROAD CHELMSFORD MA 01824 MATERIALS & SUPPLIES 1061802 VENICE PRECISION LLC 112 MORSE CT NORTH VENICE FL 34275 MATERIALS & SUPPLIES 886235 GOODWIN PROCTER LLP 100 NORTHERN AVENUE BOSTON MA 02210 LEGAL SERVICES 824291 PRICEWATERHOUSECOOPERS LLP PO BOX 7247-8001 PHILADELPHIA PA 191708001 AUDIT SERVICES 611262 ARNOLD & PORTER KAYE SCHOLER LLP PO BOX 759451 BALTIMORE MD 21275 LEGAL SERVICES 603066 48 2642827 407588 3050415 STRATEGIC SYSTEMS 541700 417711515 417711515 NATIONAL SECURITY & SPACE PROGRAM 541700 283356877 283356877 COMMERCIAL PROGRAMS 541700 17832724 17832724 718901116 1515319 1515319 3119381 3119381 194400 1025971 -831571 -831571 -831571 66410318 51132085 9987 15278233 -9987 15268246 15268246 741022906 718901116 0 19071375 X 3230179 3230179 6239074 6239074 371494 164725 206769 237530180 207289371 30240809 27754596 20855932 6898664 40183122 31448729 8734393 18975738 15295144 3680594 3851544 2140820 1710724 456778 456778 137250 137250 1074247 1074247 7805634 7062568 743066 2980779 2980779 2258704 2107159 151545 19928833 18485011 1443822 981026 981026 11921828 2681920 9239908 887092 784343 102749 34672 31022 3650 4347036 4347036 29445336 14125377 15319959 1652613 40495 1612118 SUBCONTRACTS 213405870 213405870 OTHER MATERIALS 32706760 32673756 33004 OTHER INDIRECT 27193992 17367848 9826144 0 OUTSIDE SERVICES 14929745 8667480 6262265 0 710284122 598838775 111445347 0 0 0 32838440 66026485 126490571 143652962 17235736 275624 31987365 36461845 522772594 294298025 241335042 228474569 170153524 202708416 263714 51116 1502036 5930096 621806428 683581113 112153624 107158708 28036763 32248043 12271866 10290794 101865201 98987770 53731042 10489465 308058496 259174780 X 313747932 424406333 313747932 424406333 621806428 683581113 X 30738784 28970745 50948872 X 0 1 X 1 1 1 X 4304569 3183775 1228028 2503751 3050415 14270538 23316424 46493881 54141021 29617461 27703989 181272776 27620993 49677656 55369049 32121212 30754404 195543314 195543314 7928368 8459831 7394646 7793426 4829101 36405372 231948686 3165107526 0.84300 0.83220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 1 137250 137250 0 PART II-B, LINE 1: DRAPER RETAINED THE SERVICES OF TWO THIRD-PARTY FIRMS TO PROVIDE LOBBYING SERVICES ON BEHALF OF STRATEGIC SYSTEMS PROGRAMS. 32495864 32495864 248601890 110351403 138250487 10503256 8302063 2201193 219445831 173935637 45510194 11725753 1708922 10016831 228474569 ACCRUED POST RETIREMENT BENEFITS 10489465 10489465 819818068 28970745 51974842 80945587 738872481 1074247 1076178 2150425 741022906 709159668 1025971 1025971 708133697 1074247 1076178 2150425 710284122 PART XI, LINE 2D - OTHER ADJUSTMENTS: FAS 158 PENSION & POST-RETIRMENT PLAN 38,953,543. MISC. INC./(LOSS) 33,891. RENTAL EXPENSES NETTED AGAINST REVENUE 1,025,971. OTHER COMPONENTS OF NET PERIODIC BENEFIT COSTS 11,914,420. NON-OPERATING INCOME 47,017. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST- LINE OF CREDIT 95,152. ACCRUED INVENTOR EXPENSES 981,026. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST REVENUE 1,025,971. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST- LINE OF CREDIT 95,152. ACCRUED INVENTOR EXPENSES 981,026. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES RESEARCH 1819279 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH 198558 NORTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 268033 0 1 0 0 0 1 2285870 0 2285870 1 0 1 1 1 0 PART III ACCOUNTING METHOD: PART I, LINE 3, COLUMN F THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. SCHEDULE F, PART I, LINE 2 NATURE OF ACTIVITIES IS NOT GRANT/ASSISTANCE BASED BUT IS SERVICES IN FURTHERANCE OF DRAPER'S EXEMPT PURPOSE. DRAPER HAS TWO TYPES OF GRANTS: SUB-AWARDS AND FELLOWSHIP GRANTS. THE MONITORING PROCEDURES FOR THE USE OF GRANT FUNDS FOR EACH TYPE IS DESCRIBED BELOW. DRAPER MONITORS GRANT FUNDS EXPENDED THROUGH SUB-AWARDS IN ACCORDANCE WITH ITS SUBCONTRACTS ADMINISTRATION POLICIES AND PROCEDURES MANUAL. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS FOR SUB-AWARDS TO BE ISSUED WITH GRANT FUNDS, AND SUBCONTRACT ADMINISTRATORS REVIEW THE PURCHASE REQUISITION BEFORE APPROVAL OF THE SUB-AWARD. SUBCONTRACT ADMINISTRATORS FLOW DOWN ALL APPLICABLE GRANT TERMS TO THE SUB-AWARDEE AS PART OF THE SUB-AWARD, AND THE PROGRAMS DEPARTMENT AND SUBCONTRACTS MONITOR SUB-AWARDEE PERFORMANCE THROUGH MONTHLY TECHNICAL AND FINANCIAL REPORTS BY THE SUB-AWARDEE. DRAPER MONITORS GRANT FUNDS EXPENDED FOR FELLOWSHIP GRANTS TO FIT WITHIN THE OVERALL TECHNOLOGY CONCENTRATION FOCUS AREAS IMPORTANT TO DRAPER AND OUR CUSTOMERS, THE AVAILABILITY OF SUPERVISORS AND GRADUATION RATES OF FELLOWS CURRENTLY ENROLLED IN THE PROGRAM. DOLLAR AMOUNTS ARE NEGOTIATED PER DEGREE PROGRAM WITH EACH UNIVERSITY AND UPDATED YEARLY. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS. ALL REQUISITIONS ARE APPROVED BY THE OWNER OF THE PROJECT NUMBER PER DRAPER'S BUSINESS PROCESS. AN APPROVED PURCHASE ORDER IS PLACED WITH THE UNIVERSITY FOR THE DURATION OF THE STUDENT'S TENURE. MONTHLY INVOICES ARE SENT BY THE UNIVERSITY TO DRAPER, APPROVED BY THE DRAPER SUPERVISOR AND PAID TO THE UNIVERSITY. AFTER THE CONCLUSION OF THE FELLOWSHIP, A RECONCILIATION IS DONE TO CLOSE OUT THE PURCHASE ORDER. 1 PURDUE UNIVERSITY 610 PURDUE MALL WEST LAFAYETTE IN 47907 356002041 501(C)(3) 79909 FELLOWSHIPS SUPPORT BOSTON UNIVERSITY 595 COMMONWEALTH AVE BOSTON MA 02215 042103547 501(C)(3) 233952 FELLOWSHIPS SUPPORT BROWN UNIVERSITY 1 PROSPECT ST PROVIDENCE RI 02912 050258809 501(C)(3) 308887 FELLOWSHIPS SUPPORT HARVARD UNIVERSITY 1350 MASSACHUSETTS AVENUE BOSTON MA 02138 042103580 501(C)(3) 81796 FELLOWSHIPS SUPPORT MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVE BOSTON MA 02139 042103594 501(C)(3) 1582838 FELLOWSHIPS SUPPORT NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE BOSTON MA 02115 041679980 501(C)(3) 69093 FELLOWSHIPS SUPPORT THE JOHNS HOPKINS UNIVERSITY 6100 MAIN ST HOUSTON TX 77005 741109620 501(C)(3) 58602 FELLOWSHIPS SUPPORT REGENTS OF THE UNIVERSITY OF COLORADO 1800 GRANT ST 800 DENVER CO 80203 846000555 501(C)(3) 410211 FELLOWSHIPS SUPPORT UNIVERSITY OF MASSACHUSETTS 1 BEACON ST 31ST FL BOSTON MA 02108 046013152 501(C)(3) 25212 FELLOWSHIPS SUPPORT MASSACHUSETTS GENERAL HOSPITAL PO BOX 6234 BOSTON MA 02114 042121358 501(C)(3) 30771 FELLOWSHIPS SUPPORT THE GENEVA FOUNDATION PO BOX 88 GENEVA IL 60134 462198570 501(C)(3) 192167 FELLOWSHIPS SUPPORT BOSTON CHILDRENS HOSPITAL 300 LONGWOOD AVE BOSTON MA 02115 042774441 501(C)(3) 11361 FELLOWSHIPS SUPPORT THROMBODYNE INC 825 N 300 W S C250 SALT LAKE CITY UT 84103 841423309 SCORP 36000 FELLOWSHIPS SUPPORT SEATTLE CHILDREN'S RESEARCH INSTITUTE PO BOX 5371 MS RC-507 SEATTLE WA 98145 910564748 501(C)(3) 120136 FELLOWSHIPS SUPPORT 13 1 SCHEDULE I, PART I, LINE 2 DRAPER HAS TWO TYPES OF GRANTS: SUB-AWARDS AND FELLOWSHIP GRANTS. THE MONITORING PROCEDURES FOR THE USE OF GRANT FUNDS FOR EACH TYPE IS DESCRIBED BELOW. DRAPER MONITORS GRANT FUNDS EXPENDED THROUGH SUB-AWARDS INACCORDANCE WITH ITS SUBCONTRACTS ADMINISTRATION POLICIES AND PROCEDURES MANUAL. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS FOR SUB-AWARDS TO BE ISSUED WITH GRANT FUNDS, AND SUBCONTRACT ADMINISTRATORS REVIEW THE PURCHASE REQUISITION BEFORE APPROVAL OF THE SUB-AWARD. SUBCONTRACT ADMINISTRATORS FLOW DOWN ALL APPLICABLE GRANT TERMS TO THE SUB-AWARDEE AS PART OF THE SUB-AWARD, AND THE PROGRAMS DEPARTMENT AND SUBCONTRACTS MONITOR SUB-AWARDEE PERFORMANCE THROUGH MONTHLY TECHNICAL ANDFINANCIAL REPORTS BY THE SUB-AWARDEE. DRAPER MONITORS GRANT FUNDS EXPENDED FOR FELLOWSHIP SUPPORT GRANTS TO FIT WITHIN THE OVERALL TECHNOLOGY CONCENTRATION FOCUS AREAS IMPORTANT TO DRAPER AND OUR CUSTOMERS, THE AVAILABILITY OF SUPERVISORS AND GRADUATION RATES OF FELLOWSCURRENTLY ENROLLED IN THE PROGRAM. DOLLAR AMOUNTS ARE NEGOTIATED PER DEGREE PROGRAM WITH EACH UNIVERSITY AND UPDATED YEARLY. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS. ALL REQUISITIONS ARE APPROVED BY THE OWNER OF THE PROJECT NUMBER PER DRAPER'S BUSINESS PROCESS. AN APPROVED PURCHASE ORDER IS PLACED WITH THE UNIVERSITY FOR THE DURATION OF THE STUDENT'S TENURE. MONTHLY INVOICES ARE SENT BY THE UNIVERSITY TO DRAPER, APPROVED BY THE DRAPER SUPERVISOR AND PAID TO THE UNIVERSITY. AFTER THE CONCLUSION OF THE FELLOWSHIP, A RECONCILIATION IS DONE TO CLOSE OUT THE PURCHASE ORDER. X X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 KAIGHAM J GRABRIEL PRESIDENT AND CEO-END MAY 2020 303314 0 0 0 1408231 0 28500 0 11165 0 1751210 0 0 0 ELIZABETH MORA CAO -END AUG 2020 270527 0 0 0 1039795 0 28500 0 7751 0 1346573 0 0 0 STEVEN DITULLIO VP STRATEGIC SYS-END AUG 2020 253651 0 71240 0 884779 0 28500 0 14410 0 1252580 0 0 0 JENNIFER L JENSEN VP NATL SEC & SP PROG-END JAN 2021 374154 0 145913 0 11055 0 28500 0 17052 0 576674 0 0 0 TARA S CLARK VP, OPS AND COMM. PROG. 297755 0 21871 0 25398 0 116229 0 21731 0 482984 0 0 0 ANTHONY S KOUREPENIS VP ST SYS PROG-BEG JAN 2021 324056 0 65363 0 5452 0 28500 0 31930 0 455301 0 0 0 RICHARD J RUSSELL VICE PRESIDENT FOR ENGINEERING 315782 0 48631 0 27118 0 28500 0 32248 0 452279 0 0 0 NEIL J ADAMS VP NATIONAL SEC & SPACE-BEG JAN 2021 302086 0 63827 0 4532 0 28500 0 38137 0 437082 0 0 0 FRANK J SERNA PRINCIPAL DIRECTOR 289056 0 60460 0 24226 0 28500 0 21858 0 424100 0 0 0 LT GEN RET FRANCIS KEARNEY DIRECTOR, FORMER PRESIDENT & CEO 384354 0 0 0 1758 0 28500 0 1075 0 415687 0 0 0 CHRISTINE ALBERTELLI CFO & TREASURER-BEG AUG 2020 274843 0 46306 0 694 0 28500 0 38311 0 388654 0 0 0 SEAMUS T TUOHY PRINCIPAL DIRECTOR-THRU JULY 2020 165955 0 0 0 172195 0 22880 0 21970 0 383000 0 0 0 MICHAEL F CRONES CHIEF OF STAFF 255146 0 45750 0 20052 0 28246 0 32019 0 381213 0 0 0 ROBERT A LARSEN PRINCIPAL DIRECTOR, SPECIAL PROG. 261756 0 35343 0 13652 0 28500 0 33011 0 372262 0 0 0 ALEXANDER C EDSALL PRINCIPAL DIRECTOR 259811 0 5000 0 55294 0 26855 0 24075 0 371035 0 0 0 TIMOTHY C HENDERSON PRINCIPAL DIRECTOR 213135 0 0 0 97139 0 22540 0 34863 0 367677 0 0 0 ALEXA ADAMS SECRETARY, VP AND GENERAL COUNSEL 221500 0 47644 0 19844 0 25346 0 33203 0 347537 0 0 0 SARAH B LEEPER PRINCIPAL DIRECTOR, DEFENSE SYSTEMS 231147 0 54889 0 207 0 24126 0 31861 0 342230 0 0 0 ROBERT DURKIN PRINCIPAL DIR. ADMINISTRATION 214288 0 39559 0 20434 0 23885 0 2996 0 301162 0 0 0 JOHN R DOWDLE VP OF ENGINEERING - END MARCH 2018 206769 0 0 0 0 0 0 0 0 0 206769 0 0 0 WILLIAM A LAPLANTE PRES., CHIEF EXE OFF-BEG OCT 2020 151352 0 0 0 26799 0 15146 0 704 0 194001 0 0 0 GEORGE M MILNE JR FORMER DIRECTOR 37500 0 0 0 0 0 0 0 0 0 37500 0 0 0 PART I, LINE 1A I) TAX INDEMNIFICATION AND GROSS UP PAYMENTS EXIST UNDER OUR NEW HIRE/EMPLOYEEE RELOCATION POLICY. WHERE CERTAIN COSTS MIGHT BE CHARACTERIZED AS TAXABLE INCOME FOR EMPLOYEES, THE LABORATORY WILL REIMBURSE THE EMPLOYEE FOR ANY TAX EFFECT ASSOCIATED WITH THE MOVE. ONE DRAPER EMPLOYEE REPORTED ON FORM 990, PART VII RECEIVED A GROSS UP PAYMENT FOR MOVING COSTS. GROSS UP PAYMENTS ALSO EXIST FOR SENIOR MANAGEMENT UPON TAKING LUMP SUM DISTRIBUTIONS FROM THEIR RETIREMENT PLANS. THE GROSS UP IS INTENDED TO ENSURE THAT, SHOULD THE EMPLOYEE PURCHASE ANY ANNUITY, THAT ANNUITY WILL PROVIDE THE EQUIVALENT OF A PENSION PAYMENT. II) PERSONAL SERVICES LEGAL COSTS WERE COVERED FOR A CERTAIN OFFICER AS PART OF HIS SEPARATION AGREEMENT. SCHEDULE J, PART I, LINE 4A DRAPER HAS AN EMPLOYMENT AND SEPARATION AGREEMENT THAT COVERS THE FORMER CEO, DR. GABRIEL, WHOSE TENURE AS CEO ENDED MAY 2020. UNDER THIS AGREEMENT, HE IS ENTITLED TO 12 MONTHS' SALARY AND HEALTH BENEFITS IF TERMINATED BY THE BOARD WITHOUT CAUSE. SEVERENCE PAYMENTS RECEIVED BY DR. GABRIEL IN CALENDAR YEAR 2020 ARE REFLECTED IN PART II, COLUMN B(III). DRAPER HAS AN EMPLOYMENT AGREEMENT WITH CURRENT CEO WILLIAM A. LAPLANTE. UNDER THIS AGREEMENT, DR. LAPLANTE IS ENTITLED TO 12 MONTHS BASE SALARY AND HEALTH BENEFITS IF TERMINATED BY THE CORPORATION WITHOUT CAUSE. CERTAIN OFFICERS WHO ARE ALSO COVERED BY A SEPARATION AGREEMENT RECEIVED SERVERANCE AMOUNTS WHICH ARE REPORTED IN PART II, COLUMN B(III). SCHEDULE J, PART I, LINE 4B DRAPER HAS A SUPPLEMENTAL RETIREMENT PLAN. THE PURPOSE OF THIS PLAN IS TO ASSURE THAT CORPORATE OFFICERS RECEIVE A REASONABLE LEVEL OF RETIREMENT COMPENSATION IN RELATION TO THEIR LEVEL OF COMPENSATION AND LENGTH OF SERVICE AT THE LABORATORY. FOR OFFICERS ENROLLED IN THIS PLAN BENEFITS ARE CALCULATED AS OF THEIR FIRST DAY THROUGH THE OFFICER'S MANDATORY RETIREMENT DATE AFTER TURNING AGE 65. EACH FISCAL YEAR AN ACTUARIAL VALUATION OF THE PROJECTED BENEFIT OBLIGATION FOR EACH OFFICER IN THE PLAN IS OBTAINED. AN ADJUSTMENT TO THE ACCRUED BENEFIT CALCULATION IS BASED ON CHANGES IN THE ACTUARIAL VALUATION AND UNDERLYING ACTUARIAL ASSUMPTIONS AND THE CHANGE IS INCLUDED IN THE AMOUNT SHOWN IN COLUMN C OF SCHEDULE J. THE DEFERRED COMPENSATION FOR THE SUPPLEMENTAL RETIREMENT PLAN IS INCLUDED IN THE FINANCIAL STATEMENTS. IF AN OFFICER IN THE PLAN IS EMPLOYED, THE AMOUNT IS ACCRUED. WHEN AN OFFICER IN THE PLAN RETIRES, THE AMOUNT IS PAID. THE FOLLOWING INDIVIDUAL PARTICIPATED IN THE PLAN IN CALENDAR YEAR 2020. THE AMOUNTS DESCRIBED ARE REPORTED ON SCHEDULE J PART II COLUMN C. TARA CLARK: $87,729 SCHEDULE J, PART I, LINE 7 KEY MEMBERS OF THE TECHNICAL, PROGRAM, FINANCE AND ADMINISTRATIVE STAFF ARE ELIGIBLE TO PARTICIPATE IN THE CORPORATE MANAGEMENT INCENTIVE PROGRAM (CMIP). PARTICIPANTS INCLUDE, BUT ARE NOT LIMITED TO, THE EMPLOYEES LISTED ON SCHEDULE J. THE PROGRAM WAS BASED ON PRIOR YEAR COMPONENT METRICS RELATED TO PROFITABILITY, STRATEGIC PLAN ACHIEVEMENT AND LEADERSHIP. ALL PARTICIPANT AWARDS ARE REVIEWED BY THE PRESIDENT OF DRAPER AND REPORTED TO THE HUMAN RESOURCE AND COMPENSATION COMMITTEES. ELIZABETH T ADALSTEINSSON DOWDLE FAMILY MEMEBER OF FORMER OFFICER 52012 EMPLOYEE OF DRAPER 0 KATHRYN ADAMS FAMILY MEMBER OF OFFICER 84849 EMPLOYEE OF DRAPER 0 PART IV, LINE 5 THE BUSINESS TRANSACTIONS WITH INTERESTED PERSONS REPORTED ON SCHEDULE L, PART IV ARE MADE ON AN ARMS-LENGTH BASIS WITHOUT THE INVOLVEMENT OF THE INTERESTED PERSONS. FORM 990, PART VI, SECTION A, LINE 6 CORPORATION MEMBERSHIP CONSISTS OF BETWEEN 21 AND 52 PERSONS AS DETERMINED BY THE MEMBERS IN OFFICE FROM TIME TO TIME. MEMBERSHIP IS DIVIDED INTO THREE CLASSES. THEIR TERMS OF OFFICE ARE FIXED SO THAT THE TERM OF OFFICE OF ONLY THOSE MEMBERS IN ONE CLASS WILL EXPIRE AT EACH ANNUAL MEETING OF THE MEMBERS. MEMBERSHIP IS NOT ASSIGNABLE BY OPERATION OF LAW OR OTHERWISE. EACH MEMBER SHALL HAVE ONE VOTE. MEMBERS MAY VOTE EITHER IN PERSON OR BY PROXY. WHEN A DULY FORMED QUORUM (AS DETERMINED BY LAW, THE ARTICLES OF INCORPORATION, OR BYLAWS) IS PRESENT, ANY MATTER BEFORE A DULY CALLED MEETING SHALL BE DECIDED BY A VOTE OF A MAJORITY OF THE MEMBERS EXCEPT WHERE A LARGER VOTE IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION, OR BYLAWS. ANY ELECTION IS DETERMINED BY A PLURALITY OF VOTES CAST EXCEPT WHERE REQUIRED BY LAW, THE ARTICLES, OR BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS AT EACH ANNUAL MEETING FIX THE NUMBER OF DIRECTORS (NOT LESS THAN 3 OR MORE THAN 17) AND ELECT THE NUMBER OF DIRECTORS SO FIXED. FORM 990, PART VI, SECTION A, LINE 7B ALL ACTIVITIES OF THE CORPORATION ARE CONDUCTED UNDER THE DIRECTION OF THE DULY ELECTED BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE DIRECTOR, CORPORATE CONTROLLER PERFORMS AN INITIAL REVIEW BEFORE PROVIDING THE FORM 990 TO THE CFO FOR SECONDARY REVIEW. THE CEO PERFORMS HIS OWN REVIEW OF THE DOCUMENT. A COPY OF THE 990, AS ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE, IS PRESENTED TO THE AUDIT COMMITTEE AND MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS VIA THE ORGANIZATION'S INTRANET. FORM 990, PART VI, SECTION B, LINE 12C DRAPER SENDS AN ANNUAL DISCLOSURE REQUEST TO EACH BOARD MEMBER WITH AN EXTENSIVE SET OF QUESTIONS PERTAINING TO RELATIONSHIPS AND FINANCIAL INTERESTS WITH THE LABORATORY. OFFICERS AND KEY EMPLOYEES COMPLETE A CONFLICT ON INTEREST REQUEST ELECTRONICALLY. OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES ARE NOTIFIED VIA LETTER THAT THEIR SALARY WILL BE DISCLOSED ON THE FORM 990. BASED ON DATA PROVIDED BY DIRECTORS AND SPECIFIED EMPLOYEES, THE LABORATORY MAINTAINS A MATRIX OF POSITIONS, AFFILIATIONS AND ORGANIZATIONS WITH WHOM THE DIRECTORS AND SPECIFIED EMPLOYEES MAY HAVE A RELATIONSHIP REQUIRING DISCLOSURE. COMPLIANCE, AND LEGAL, IF NEEDED, REVIEWS DISCLOSURES FOR POTENTIAL RELATIONSHIPS MEETING DISCLOSURE REQUIREMENTS. IF A POTENTIAL CONFLICT ARISES, APPROPRIATE RESTRICTIONS ARE IMPOSED AND PERSONS INVOLVED ARE PROHIBITED FROM PARTICIPATING IN THE RESOLUTION OF THE CONFLICT. OUTSIDE TAX AND LEGAL ADVISORS MAY ALSO BE CONSULTED. FORM 990, PART VI, SECTION B, LINE 15 DRAPER MAINTAINS ONE FULL TIME PERSON WHO IS RESPONSIBLE FOR COMPILATION, ANALYSIS AND MANAGEMENT OF THE COMPENSATION BUDGET PROCESS. ANNUALLY, DRAPER PARTICIPATES IN NATIONAL AND LOCAL SURVEYS THAT INCLUDE A BROAD RANGE OF PARTICIPATING COMPANIES. THE RESULTING DATA PROVIDE INFORMATION RELATED TO MARKET RATES, SALARY RANGES, COMPENSATION BUDGET PLANNING, BENEFITS INFORMATION, AND GENERAL WORK LIFE POLICIES AND PRACTICES. PERTINENT SURVEY INFORMATION IS ANALYZED, REVIEWED AND UTILIZED WHEN ASSESSING APPROPRIATE WAGES, GRADING FOR BENCHMARK POSITIONS. ADDITIONALLY, DRAPER HIRES AN INDEPENDENT CONSULTANT TO REVIEW THE COMPENSATION OF THE CEO AND ALL VICE PRESIDENTS ANNUALLY. THE COMPENSATION BUDGET AS A WHOLE IS PRESENTED TO THE BOARD COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL. THE COMPENSATION COMMITTEE VOTES TO APPROVE THE COMPENSATION OF THE CEO AND OFFICERS BASED ON THEIR SURVEYS WHICH INCLUDES THIRD PARTY SURVEYS OF PEER ORGANIZATIONS ACROSS THE COUNTRY. DECISIONS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 DRAPER MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII BOARD MEMBERS ARE COMPENSATED A FLAT FEE FOR THEIR PARTICIPATION. ADDITIONAL COMPENSATION IS PAID FOR SERVICES AS BOARD, COMMITTEE, OR PANEL CHAIR. THE BOARD COMPENSATION AND THE CHAIR COMPENSATION IS APPROVED BY THE FULL BOARD. FORM 990, PART VII - GEORGE M. MILNE, JR. GEORGE M. MILNE, JR. WAS COMPENSATED IN HIS CAPACITY AS A SPECIAL CONSULTANT. PART IX, LINE 1 TOTAL DOMESTIC GRANTS REPORTED ON PART IX, LINE 1 INCLUDE REVERSING ACCRUALS AT THE BEGINNING OF THE YEAR. SCHEDULE I DOMESTIC GRANTS REPRESENT THE TOTAL AMOUNT OF GRANTS INVOICED DURING THE YEAR WITH NO REVERSING ACCRUALS. FORM 990, PART XI, LINE 9: FAS 158 PENSION & POST-RETIRMENT PLAN 38,953,543. OTHER COMPONENTS OF NET PERIODIC BENEFIT COSTS 11,914,420. NON-OPERATING INCOME 47,017. MISC. INC./(LOSS) 33,892. TAX YEAR DRAPER'S FISCAL CALENDAR ("FY") ENDS ON THE FRIDAY CLOSEST TO JUNE 30TH. DUE TO THIS POLICY, THE FISCAL CALENDAR MAY RESULT IN THE LAST DAY OF A FISCAL YEAR FALLING ON A DATE OTHER THAN ON JUNE 30. APPROXIMATELY EVERY FIFTH YEAR, DRAPER'S FISCAL YEAR WILL CONTAIN 53 WEEKS. THERE ARE 52 WEEKS IN BOTH FY2021 AND FY2020.