2015-01-29T15:00:51-06:00 2014-06-27 043077056 MOODY FAMIGLIETTI & ANDRONICO LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2013-06-29 042505372 CHARLES STARK DRAPER LABORATORY INC CHAR 6172581000 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 ELIZABETH MORA CFO 6172581000 2015-01-28 1 JOYCE RIPIANZI CPA P00548581 9785575300 2013 2016-02-25 16:41:14Z ELIZABETH MORA 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 555895206 0 X WWW.DRAPER.COM X 1973 MA PIONEER IN THE APPLICATION OF SCIENCE AND TECHNOLOGY IN THE NATIONAL INTEREST. 13 12 1826 0 0 0 9753016 7639081 516418912 512869633 9481470 10583255 7090020 7515403 542743418 538607372 3836835 3348989 0 0 210888361 214595955 0 0 0 310852311 315666669 525577507 533611613 17165911 4995759 547854748 595667672 214071020 233610390 333783728 362057282 X TO SERVE THE NATIONAL INTEREST IN APPLIED RESEARCH, ENGINEERING DEVELOPMENT, EDUCATION, AND TECHNOLOGY TRANSFER BY HELPING OUR SPONSORS CLARIFY THEIR REQUIREMENTS AND CONCEPTUALIZE INNOVATIVE SOLUTIONS TO THEIR PROBLEMS. DEMONSTRATING THOSE SOLUTIONS THROUGH THE DESIGN AND DEVELOPMENT OF FIELDABLE ENGINEERING PROTOTYPES. TRANSITIONING OUR PRODUCTS AND PROCESSES TO INDUSTRY FOR PRODUCTION, AND PROVIDING FOLLOW-ON SUPPORT. PROMOTING AND SUPPORTING ADVANCED TECHNICAL EDUCATION. 0 0 318013274 308861 339906778 STRATEGIC SYSTEMS:FOR MORE THAN 50 YEARS, DRAPER HAS BEEN DESIGNING AND DEVELOPING INERTIAL GUIDANCE SYSTEMS FOR STRATEGIC MISSILE APPLICATIONS. WE HAVE BEEN RESPONSIBLE FOR ALL OF THE U.S. NAVY'S STRATEGIC GUIDANCE SYSTEMS AND ARE CURRENTLY EXTENDING MK6 SYSTEM LIFE TO 2042 THROUGH AN EXTENSIVE MODERNIZATION EFFORT THAT UTILIZES COMMON PROCESSOR AND OTHER KEY TECHNICAL INNOVATIONS TO IMPROVE RELIABILITY AND SYSTEM PERFORMANCE WHILE REDUCING COST OF OWNERSHIP. WE HAVE ALSO DESIGNED THE GUIDANCE SYSTEM FOR THE AIR FORCE PEACEKEEPER ICBM.DRAPER GUIDANCE SYSTEMS ARE DESIGNED WITH UNSURPASSED RELIABILITY, AND THE ELECTRONICS AND MATERIALS CAN OPERATE IN HARSH ENVIRONMENTS, INCLUDING WITHSTANDING HIGH-ENERGY NUCLEAR RADIATION, THERMAL SHOCK, AND MISSILE VIBRATIONS. KEY TO THE ACCURACY OF ANY INERTIAL GUIDANCE SYSTEM IS THE INERTIAL SENSORS THAT MUST WITHSTAND AND RECOVER QUICKLY FROM THE EFFECTS OF THE RADIATION.FOR THE FUTURE, DRAPER IS APPLYING ITS GUIDANCE, NAVIGATION, AND CONTROL (GN&C) SKILLS FOR NON-NUCLEAR MISSIONS. INERTIAL GUIDANCE IS BEING COMBINED WITH GPS-AIDED TECHNOLOGIES FOR PROMPT GLOBAL STRIKE DEMONSTRATIONS. MORE RECENTLY, DRAPER IS APPLYING ITS INERTIAL GUIDANCE EXPERTISE TO SUBMARINE NAVIGATION AND STRATEGIC WEAPONS SECURITY. 140675315 1684856 151204655 NATIONAL SECURITY & SPACE PROGRAMS:DRAPER SPACE SYSTEMS PROVIDES ADVANCED GN&C SYSTEMS, HIGH-PERFORMANCE SPACE SCIENCE INSTRUMENTS, AND RELIABLE AND HIGH-PERFORMANCE PROCESSING SYSTEMS ADDRESSING OUR NASA AND MILITARY SPACE CUSTOMER'S NEEDS FOR PLANETARY EXPLORATION, SPACE AND EARTH SCIENCE, AND NATIONAL SECURITY.WE ARE AN INDEPENDENT AGENT THAT CAN PARTNER WITH THE GOVERNMENT TO DEVELOP CRITICAL MISSION-LEVEL TECHNOLOGY AND PERFORM EFFICIENT TECHNOLOGY TRANSFER TO INDUSTRY. WE ARE A LAB WITH CLOSE TIES TO THE SCIENCE INVESTIGATORY COMMUNITY THAT CAN APPLY INNOVATIVE TECHNOLOGY TO SPACE MISSIONS. AS SUCH, WE ARE NASA'S TECHNOLOGY DEVELOPMENT PARTNER AND TRANSITION AGENT FOR PLANETARY EXPLORATION, WE PROVE MISSION-CRITICAL GUIDANCE, NAVIGATION & CONTROL (GN&C) AND HIGH-PERFORMANCE SCIENCE INSTRUMENTS, AND ADDRESSES CRITICAL, UNMET NEEDS OF THE NATIONAL SECURITY SPACE SECTOR.DRAPER DELIVERS DEFENSE MISSION SYSTEMS AND COMBAT SOLUTIONS AS A HIGHLY VALUED GOVERNMENT PARTNER AND DESIGN AGENT FOR OUR SPONSORS' MOST DIFFICULT PROBLEMS. WE PROVIDE TRUSTED, RELIABLE MARITIME INTELLIGENCE, SURVEILLANCE, RECONNAISSANCE (ISR), EXTREME MINIATURE SOLUTIONS FOR PRECISION ENGAGEMENT, HIGHLY ACCURATE GUIDED AERIAL DELIVERY, SOLDIER-CENTERED SOLUTIONS, SECURE ELECTRONICS AND COMMUNICATIONS, AND EARLY INTERCEPT GUIDANCE FOR MISSILE DEFENSE ENGAGEMENT. WE HELP OUR SPONSORS TO CLARIFY THEIR REQUIREMENTS, ESTABLISH GOVERNMENT-OWNED DESIGNS, AND CREATE SYSTEM PROTOTYPES.DRAPER'S DIVERSE RANGE OF ENGINEERING CAPABILITIES ARE BEING INTEGRATED AND APPLIED TO CONCEPT DEVELOPMENT, PROTOTYPING, LOW-RATE PRODUCTION, AND FIELD SUPPORT FOR FIRST-OF-A-KIND SYSTEMS FOR OUR SPONSORS IN TAGGING, TRACKING AND LOCATING; NAVIGATION AND COMMUNICATIONS; TASKING, PROCESSING, AND EXPLOITATION; HUMAN SYSTEMS; AND SENSORS AND NETWORKS. 20498878 1355272 21758200 CIVIL PROGRAMS:BY APPLYING NEW TOOLS AND HARNESSING TECHNOLOGIES FROM THE PHYSICAL SCIENCES AND ENGINEERING, DRAPER IS CREATING NOVEL SOLUTIONS TO TODAY'S CRITICAL ISSUES IN HEALTHCARE. DRAPER'S ANALYTICAL EXPERTISE CAN BE USED FOR SENSOR SYSTEMS AND CLINICAL DECISION SUPPORT. OUR EXPERTISE IN MICROELECTROMECHANICAL SYSTEMS (MEMS), MICROFLUIDICS, AND ELECTRONICS MINIATURIZATION IS ENABLING SOLUTIONS FOR SMART MEDICAL DEVICES AND ORGAN-ASSIST DEVICES.DRAPER LABORATORY IS APPLYING OUR EXPERTISE IN SENSORS, CONTROLS, SIMULATION, AND REAL-TIME DATA ANALYSIS TO TRANSFORM THE CLEANLINESS, EFFICIENCY, SAFETY, AND SECURITY OF ENERGY PRODUCTION, DISTRIBUTION, TRANSMISSION, AND USAGE. THE LABORATORY IS BRINGING "ROCKET SCIENCE" TECHNOLOGY TO AN INDUSTRY THAT IS IN NEED OF INNOVATIVE SOLUTIONS TO MERGE ITS TRADITIONAL INFRASTRUCTURE WITH EMERGING ENERGY NEEDS AND REQUIREMENTS. FOR EXAMPLE, DRAPER'S TRADEMARKED TIMELINER SOFTWARE, DEVELOPED TO CONTROL AND MONITOR INSTRUMENTS ONBOARD THE SPACE SHUTTLE, IS BEING USED TO MONITOR THE RELIABILITY, EFFICIENCY, AND PERFORMANCE OF EQUIPMENT THROUGHOUT COAL-FIRED POWER PLANTS, REDUCING GREEN HOUSE GAS EMISSIONS, AND ENHANCING PLANT RELIABILITY. 479187467 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 275 0 1 1826 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MA X PATRICIA MCLAUGHLIN 6172581000 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 WILLIAM F BALLHAUS JR DIRECTOR 4.00 X 37395 0 0 JOHN A GORDON CHAIRMAN (THRU 10/13) 8.00 X X 53973 0 0 SHERWIN GREENBLATT THRU 1013 DIRECTOR 4.00 X 24750 0 0 MIRIAM E JOHN DIRECTOR 3.00 X 34750 0 0 FRANKLIN C MILLER CHAIRMAN (SINCE 10/13) 8.00 X X 61216 0 0 GEORGE M MILNE JR DIRECTOR 4.00 X 48073 0 0 M ELISABETH PATE-CORNELL DIRECTOR 3.00 X 20750 0 0 PETER B TEETS DIRECTOR 3.00 X 35820 0 0 RICHARD D WHITE DIRECTOR 4.00 X 38267 0 0 JAMES D SHIELDS PRESIDENT AND CEO 40.00 X X 668229 0 241779 FRANK H AKERS JR DIRECTOR 3.00 X 34000 0 0 DANIEL E HASTINGS DIRECTOR 3.00 X 35250 0 0 RICHARD T ROCA DIRECTOR 3.00 X 39592 0 0 LENA GOLDBERG SINCE 1013 DIRECTOR 3.00 X 8250 0 0 JOANNE M MAQUIRE SINCE 1013 DIRECTOR 3.00 X 12125 0 0 JOHN R DOWDLE VP OF ENGINEERING 40.00 X 375681 0 -153323 ELIZABETH MORA CFO & TREASURER 40.00 X 406043 0 61786 LEN POLIZZOTTO THRU 1013 VP OF STRAT BUS DEV & MARK 40.00 X 915539 0 38001 DARRYL G SARGENT VP OF NATIONAL SECURITY & SPACE SYSTEMS 40.00 X 382572 0 -151790 MELINDA J BROWN DIR. OF LEGAL & SECRETARY 40.00 X 223849 0 26260 STEVEN DITULLIO VP OF STRAT SYSTEMS 40.00 X 349346 0 -99889 JEFFREY M BENTLEY SINCE 313 VP CIVIL PROGRAMS 40.00 X 238847 0 87692 PAUL ROSENSTRACH PROGRAM DIRECTOR 40.00 X 300983 0 40831 JACK BARRY PRINCIPAL DIR. ADMINISTRAT 40.00 X 243449 0 38459 PHILIP S BABCOCK IV DIR OF ENGINEERING OPS 40.00 X 258521 0 37384 RICHARD JOHN RUSSELL DIRECTOR OF SPECIAL OPERAT 40.00 X 255925 0 37330 FRANK J SERNA PRINCIPAL DIR. MARKETING 40.00 X 270618 0 44503 NEIL J ADAMS PROGRAM DIRECTOR 40.00 X 266864 0 44026 WILLIAM B RHORER PROGRAM DIRECTOR 40.00 X 257341 0 43034 JOHN W STILLWELL THRU 1012 FORMER VP OF STRATEGIC SYSTEMS 20.00 X 148000 0 0 6046018 0 336083 857 1 1 0 FOLEY & LARDNER LLP 111 HUNTINGTON AVE BOSTON MA 02199 LEGAL SERVICES 715522 MRAC LLC 19 LINWOLD DR WEST HARTFORD CT 06107 CONSULTING SERVICES 558758 GOODWIN PROCTER LLP 53 STATE STREET BOSTON MA 02109 LEGAL SERVICES 502573 HOLLAND & KNIGHT LLP 10 ST JAMES AVE BOSTON MA 02116 LEGAL SERVICES 391569 DEMARS SHEET METAL 354 UNION ST LEOMINSTER MA 01453 OUTSIDE SERVICES 329493 20 7639081 7639081 PROGRAM SERVICE REVENUE 541700 512869633 512869633 512869633 2982190 2982190 1775771 1775771 7774453 2034821 5739632 5739632 5739632 22645445 208633 15124652 128361 7520793 80272 7601065 7601065 538607372 512869633 0 18098658 3348989 3348989 4823347 4823347 151053609 135434794 15618815 16386268 13885215 2501053 31472109 28519636 2952473 10860622 9063319 1797303 2202554 1578630 623924 370706 370706 634470 634470 15734124 13046663 2687461 52189 52189 1401490 1220929 180561 6415679 5523803 891876 235094 235094 7644079 2574509 5069570 6318339 5516234 802105 271831 130073 141758 4414868 387 4414481 16689463 10443140 6246323 808994 335176 473818 SUBCONTRACTS 219618363 219618363 OTHER INDIRECT 21100550 17132363 3968187 OTHER MATERIALS 9965772 9965772 OTHER EQUIPMENT 1477060 1318520 158540 311044 295858 15186 533611613 479187467 54424146 0 52110560 74476068 87050218 79490383 19812992 22515594 365820059 184456741 185751513 181363318 201866588 236080553 306682 612918 956195 1128838 547854748 595667672 68961443 66793618 26925710 44503738 79240115 79300541 38943752 43012493 214071020 233610390 X 333783728 362057282 333783728 362057282 547854748 595667672 X 4995759 24306110 -1028315 X X 0 1 X 1 1 1 X 3734351 6944976 7288039 9753016 7639081 35359463 14781224 3736752 3630186 3097436 6276252 31521850 18515575 10681728 10918225 12850452 13915333 66881313 66881313 12940432 15638595 14189345 16571490 18098658 77438520 144319833 2549662095 0.46340 0.44110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7293 7293 533604320 533611613 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 20011 6091 26707 7293 60102 250000 250000 250000 250000 1000000 1500000 32984487 32984487 182513792 65846597 116667195 8146524 4440503 3706021 134992425 112996619 21995806 7182831 1173022 6009809 181363318 ACCRUED POST RETIREMENT BENEFITS 43012493 43012493 563050424 24306110 1006506 25312616 537737808 634470 235094 869564 538607372 534776870 2034821 2034821 532742049 634470 235094 869564 533611613 PART XI, LINE 2D - OTHER ADJUSTMENTS: FAS 158 PENSION & POST RETIREMENT PLAN -1,028,315. RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 2,034,821. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES PAID 235,094. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 2,034,821. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES PAID 235,094. PART XI LINE 8: FAS 158 PENSION & POST RETIREMENT PLAN $(1,028,315) PART XII LINE 4B: ROYALTIES PAID $235,094 PART XIII LINE 4B: ROYALTIES PAID $235,094 EUROPE 0 0 TRAVEL EXPENSES RESEARCH 324640 ASIA 0 0 TRAVEL EXPENSES RESEARCH 6982 SOUTH AMERICA 0 0 TRAVEL EXPENSES RESEARCH 1866 NORTH AMERICA 0 0 TRAVEL EXPENSES RESEARCH 10222 MIDDLE EAST 0 0 TRAVEL EXPENSES RESEARCH 28622 0 0 0 0 0 0 372332 0 372332 0 0 0 0 0 0 PART I, LINE 2: NATURE OF ACTIVITIES IS NOT GRANT/ASSISTANCE BASED BUT IS SERVICES IN FURTHERANCE OF DRAPER'S EXEMPT PURPOSE. 1 MASSACHUSETTS EYE AND EAR INFIRMARY 243 CHARLES STREET BOSTON MA 02114 042103591 501(C)(3) 274424 RESEARCH GRANT SUB-AWARD NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE 440 DANA RESEARCH CENTER BOSTON MA 02115 041679980 501(C)(3) 31622 RESEARCH GRANT SUB-AWARD MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 525674 RESEARCH GRANT SUB-AWARD PARTNERS HEALTHCARE SYSTEM INC 221 LONGWOOD AVE BOSTON MA 02115 043230035 501(C)(3) 21208 RESEARCH GRANT SUB-AWARD UNIVERSITY OF CALIFORNIA SANTA BARBARA 3227 CHEADLE HALL SANTA BARBARA CA 93106 956006145 501(C)(3) 28694 RESEARCH GRANT SUB-AWARD UNIVERSITY OF MASSACHUSETTS 55 LAKE AVE NORTH WORCESTER MA 01655 043167352 501(C)(3) 189927 RESEARCH GRANT SUB-AWARD UNIVERSITY OF TAMPA 401 W KENNEDY BLVD BOX L TAMPA FL 33606 590624459 501(C)(3) 58543 RESEARCH GRANT SUB-AWARD JOHNS HOPKINS UNIVERSITY 3400 N CHARLES STREET 600W WYMAN BUILDING BALTIMORE MD 21218 520595110 501(C)(3) 78714 RESEARCH GRANT SUB-AWARD UNIVERSITY OF SOUTH FLORIDA 3650 SPECTRUM BLVD SUITE 160 TAMPA FL 33612 593102112 15190 RESEARCH GRANT SUB-AWARD DAVID CLARK COMPANY INCORPORATED 360 FRANKLIN STREET WORCESTER MA 01615 042557451 6250 RESEARCH GRANT SUB-AWARD BOSTON UNIVERSITY 595 COMMONWEALTH AVENUE BOSTON MA 02215 042103547 501(C)(3) 135196 FELLOWSHIPS SUPPORT MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 1377338 FELLOWSHIPS SUPPORT SOUTHERN METHODIST UNIVERSITY PO BOX 750261 DALLAS TX 75275 750800689 501(C)(3) 80192 FELLOWSHIP SUPPORT NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE 440 DANA RESEARCH CENTER BOSTON MA 02115 041679980 501(C)(3) 200286 FELLOWSHIPS SUPPORT TUFTS UNIVERSITY 169 HOLLAND ST SOMERVILLE MA 02144 042103634 501(C)(3) 77341 FELLOWSHIPS SUPPORT UNIVERSITY OF SOUTH FLORIDA 3650 SPECTRUM BLVD SUITE 160 TAMPA FL 33612 593102112 171497 FELLOWSHIPS SUPPORT WORCESTER POLYTECHNIC INSTITUTE 100 INSTITUTE RD WORCESTER MA 01609 042121659 501(C)(3) 6703 FELLOWSHIPS SUPPORT WILLIAM MARSH RICE UNIVERSITY 6100 MAIN ST HOUSTON TX 77005 741109620 501(C)(3) 70190 FELLOWSHIPS SUPPORT 17 1 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 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 SUPPORT GRANTS TO FIT WITHIN THE OVERALL HIRING PLAN, 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. AT THE END OF THE FISCAL YEAR, A RECONCILIATION IS DONE TO CLOSE OUT THE ORDER. X X X 1 1 X X X X 0 0 0 1 0 0 0 0 0 JAMES D SHIELDS PRESIDENT AND CEO 519531 0 117303 0 31395 0 221227 0 20552 0 910008 0 0 0 JOHN R DOWDLE VP OF ENGINEERING 313179 0 51767 0 10735 0 -167486 0 14163 0 222358 0 0 0 ELIZABETH MORA CFO & TREASURER 334886 0 55157 0 16000 0 55799 0 5987 0 467829 0 0 0 LEN POLIZZOTTO THRU 1013 VP OF STRAT BUS DEV & MARK 270180 0 51011 0 594348 0 21218 0 16783 0 953540 0 533978 0 DARRYL G SARGENT VP OF NATIONAL SECURITY & SPACE SYST 316574 0 52837 0 13161 0 -165976 0 14186 0 230782 0 0 0 MELINDA J BROWN DIR. OF LEGAL & SECRETARY 185518 0 25117 0 13214 0 20136 0 6124 0 250109 0 0 0 STEVEN DITULLIO VP OF STRAT SYSTEMS 283213 0 44204 0 21929 0 -114441 0 14552 0 249457 0 0 0 JEFFREY M BENTLEY SINCE 313 VP CIVIL PROGRAMS 223045 0 15802 0 0 0 76610 0 11082 0 326539 0 0 0 PAUL ROSENSTRACH PROGRAM DIRECTOR 237535 0 43286 0 20162 0 25425 0 15406 0 341814 0 0 0 JACK BARRY PRINCIPAL DIR. ADMINISTRAT 178964 0 34669 0 29816 0 24772 0 13687 0 281908 0 0 0 PHILIP S BABCOCK IV DIR OF ENGINEERING OPS 207714 0 29630 0 21177 0 23602 0 13782 0 295905 0 0 0 RICHARD JOHN RUSSELL DIRECTOR OF SPECIAL OPERAT 207968 0 27997 0 19960 0 23507 0 13823 0 293255 0 0 0 FRANK J SERNA PRINCIPAL DIR. MARKETING 222783 0 31218 0 16617 0 24744 0 19759 0 315121 0 0 0 NEIL J ADAMS PROGRAM DIRECTOR 203010 0 31586 0 32268 0 24288 0 19738 0 310890 0 0 0 WILLIAM B RHORER PROGRAM DIRECTOR 206158 0 30544 0 20639 0 23340 0 19694 0 300375 0 0 0 JOHN W STILLWELL THRU 1012 FORMER VP OF STRATEGIC SYSTEMS 148000 0 0 0 0 0 0 0 0 0 148000 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL FOR BOARD MEMBERS, OFFICERS, AT THEIR CHOOSING, HAS BEEN A STANDING POLICY SINCE 1996. TAX INDEMNIFICATION AND GROSS UP PAYMENTS EXIST UNDER OUR NEW HIRE/EMPLOYEE RELOCATION POLICY WHERE CERTAIN COSTS MIGHT BE CHARACTERIZED AS TAXABLE INCOME, THE LABORATORY WILL REIMBURSE THE EMPLOYEE FOR ANY TAX EFFECT ASSOCIATED WITH THE MOVE. 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 AN ANNUITY, THAT ANNUITY WILL PROVIDE THE EQUIVALENT OF A PENSION PAYMENT. PART II (C): 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. ALL OFFICERS ARE AUTOMATICALLY ENROLLED IN THIS PLAN UPON ASSUMING THE OFFICER POSITION AND BENEFITS ARE CALCULATED AS OF THEIR FIRST DAY THROUGH THE THE OFFICER'S MANDATORY RETIREMENT DATE AFTER TURNING AGE 65. EACH FISCAL YEAR AN ACTUARIAL VALUATION OF THE PROJECTED BENEFIT OBLIGATION FOR EACH OFFICER IS OBTAINED. AN ADJUSTMENT TO THE ACCRUED BENEFIT CALCULATION IS MADE WHICH IS INCLUDED IN THE AMOUNT SHOWN IN COLUMN (C) OF SCHEDULE J. THE ADJUSTMENT MAY BE SHOWN AS AN INCREASE OR A DECREASE IN THE CURRENT YEAR BASED ON CHANGES IN THE ACTUARIAL VALUATION AND UNDERLYING ACTUARIAL ASSUMPTIONS. THE DEFERRED COMPENSATION FOR THE SUPPLEMENTAL RETIREMENT PLAN IS INCLUDED IN THE FINANCIAL STATEMENTS. IF AN OFFICER IS EMPLOYED, THE AMOUNT IS ACCRUED. WHEN AN OFFICER RETIRES, THE AMOUNT IS PAID. PART I, LINE 5 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. APPROXIMATELY 35-45 PERSONNEL MAY BE ELIGIBLE IN A GIVEN YEAR. THE PROGRAM IS BASED ON FOUR METRICS: SPONSOR SATISFACTION, SPONSORED REVENUE GROWTH AND COST MANAGEMENT, HUMAN CAPITAL MANAGEMENT FOCUSED ON RETENTION AND DIVERSITY AND QUALITY OF THE SPONSORED AND INDEPENDENT RESEARCH AND DEVELOPMENT PROGRAMS. ALL PARTICIPANT AWARDS ARE REVIEWED BY THE PRESIDENT OF THE LABORATORY AND REPORTED TO THE BOARD ANNUALLY. A MASSACHUSETTS DEVELOPMENT 043431814 57583RB53 2008-10-23 80000000 REFINANCING $72,800,000 SERIES 2000 BONDS 0 0 0 A 78997809 5877809 320000 5877809 2010 1 0 1 1 A 0 0 1 0 0 0.00010 0.04290 0.04300 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 JOHN STILLWELL FORMER OFFICER 148000 CONSULTING CONTRACT 0 FORM 990, PART VI, SECTION A, LINE 6 SEE RESPONSE TO QUESTION 7A. FORM 990, PART VI, SECTION A, LINE 7A 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 THE 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 ORGANIZATION OR THE BYLAWS. ANY ELECTION IS DETERMINED BY A PLURALITY OF VOTES CAST EXCEPT WHERE REQUIRED BY LAW, THE ARTICLES OR THE BYLAWS. 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. ALL ACTIVITIES OF THE CORPORATION ARE CONDUCTED UNDER THE DIRECTION OF THE DULY ELECTED BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 MFA PREPARES THE FORM 990 USING INFORMATION PROVIDED BY DRAPER. PRIOR TO PROVIDING THE 990 TO THE GOVERNING BODY, THE DIRECTOR OF AUDIT AND COMPLIANCE PERFORMS AN INITIAL REVIEW. THE CFO AND PRESIDENT THEN PERFORM THEIR OWN REVIEWS OF THE DOCUMENT. A COPY OF THE 990 IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS VIA THE ORGANZATIONS INTRANET AND A PRESENTATION IS GIVEN TO THE AUDIT COMMITTEE. A FINAL REVIEW IS PERFORMED BY THE CFO AND CEO, AND THEN THE FORM 990 IS SIGNED AND FILED. 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 AND THE BOARD MEMBERS. BASED ON DATA PROVIDED BY DIRECTORS AND OFFICERS, LABORATORY MAINTAINS A MATRIX OF BOARD POSITIONS, AFFILIATIONS AND ORGANIZATIONS WITH WHOM THE DIRECTORS MAY HAVE A RELATIONSHIP REQUIRING DISCLOSURE. COMPLIANCE, AND LEGAL IF NEEDED, REVIEWS DISCLOSURES FOR POTENTIAL RELATIONSHIPS MEETING DISCLOSURE REQUIREMENTS. OUTSIDE TAX FIRM PERSONNEL 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. 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. THE COMPENSATION BUDGET AS A WHOLE IS PRESENTED TO THE BOARD COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL AND INCLUDES A PRESENTATION ON HEADCOUNT, UPCOMING RESEARCH ACTIVITIES AND SPONSOR AWARDS BOTH IN PROCESS AND ANTICIPATED. THE COMPENSATION COMMITTEE ALSO VOTES TO APPROVE THE COMPENSATION OF THE CEO AND OFFICERS BASED ON THEIR SURVEYS WHICH INCLUDES THIRD PARTY SURVEYS OF LABORATORIES THROUGHOUT THE COUNTRY. FORM 990, PART VI, SECTION C, LINE 18 DRAPER PUBLISHES AN ANNUAL REPORT AVAILABLE TO THE PUBLIC UPON REQUEST. DRAPER ALSO MAINTAINS A LINK ON GOVERNANCE ON ITS WEBSITE AT WWW.DRAPER.COM. FORM 990, PART VI, SECTION C, LINE 19 DRAPER PUBLISHES AN ANNUAL REPORT AVAILABLE TO THE PUBLIC UPON REQUEST. DRAPER ALSO MAINTAINS A LINK ON GOVERNANCE ON ITS WEBSITE AT WWW.DRAPER.COM. FORM 990, PART XI, LINE 9: FAS 158 PENSION & POST RETIREMENT PLAN -1,028,315. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. TAX YEAR THE ORGANIZATION FISCAL CALENDAR ENDS ON THE FRIDAY CLOSEST TO JUNE 30TH AND AS A RESULT A YEAR WILL CONTAIN EITHER 52 OR 53 WEEKS. THIS TAX YEAR ENDED ON JUNE 27, 2014 AND CONTAINED 52 WEEKS. BALANCE SHEET CERTAIN AMOUNTS ON THE PRIOR YEAR BALANCE SHEET HAVE BEEN RECLASSIFIED TO CONFORM WITH THE CURRENT YEAR PRESENTATION. ONE HAMPSHIRE CONDO TRUST C/O 555 TECH SQ MS 34 CAMBRIDGE MA 02139 566655561 REAL ESTATE MA THE CHARLES STARK DRAPER LABORATORY INC T 0.80150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 ONE HAMPSHIRE CONDO TRUST P 2884755 ONE HAMPSHIRE CONDO TRUST Q 2595891