2014-01-29T10:43:39-06:00 2013-06-28 043077056 MOODY FAMIGLIETTI & ANDRONICO LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2012-06-30 042505372 CHARLES STARK DRAPER LABORATORY INC CHAR 6172581000 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 ELIZABETH MORA 6172581000 2014-01-17 1 JOYCE RIPIANZI CPA P00548581 9785575300 2012 2015-11-30 17:44:51Z ELIZABETH MORA 555 TECHNOLOGY SQUARE MS 34 CAMBRIDGE MA 02139 572120298 0 X WWW.DRAPER.COM X 1973 MA PIONEER IN THE APPLICATION OF SCIENCE AND TECHNOLOGY IN THE NATIONAL INTEREST. 13 12 1773 0 0 0 7288039 9753016 506190928 516418912 4628913 9481470 9560432 7090020 527668312 542743418 0 3836835 0 0 207336452 210888361 0 0 0 308421701 310852311 515758153 525577507 11910159 17165911 496845745 547854748 214776803 214071020 282068942 333783728 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 320654473 206850 348349456 STRATEGIC SYSTEMS:TO HELP THE NAVY'S STRATEGIC GUIDANCE PROGRAM ACHIEVE HIGHER RELIABILITY AND LOWER LIFE-CYCLE MAINTENANCE COSTS THROUGH MK6 LIFE EXTENSION (MK6LE) EFFORTS. DRAPER HAS BEEN DEVELOPING NEW DESIGNS FOR CRITICAL SENSORS. 132907973 391093 146376018 NATIONAL SECURITY & SPACE PROGRAMS:THE NATIONAL SECURITY & SPACE PROGRAMS INCLUDE TACTICAL SYSTEMS, SPACE SYSTEMS, AIR WARFARE & ISR, AND SPECIAL PROGRAMS. TACTICAL SYSTEMS FOCUS DRAPER'S CAPABILITIES IN AUTONOMY, ACCURACY, AND AWARENESS IN THE DOMAINS OF SOLDIER SYSTEMS, PRECISION CARGO DELIVERY, PRECISION GUIDED WEAPON DELIVERY, PRECISION TARGETING, ADVANCED MISSION PLANNING, AUTONOMOUS SYSTEMS, AND MISSILE DEFENSE. SPACE SYSTEMS PROVIDE TECHNOLOGY SOLUTIONS FOR THE NATION'S SPACE PROGRAMS. DRAPER PROTOTYPES AND BUILDS ADVANCED OPERATIONAL FLIGHT SYSTEMS FOR MISSIONS THAT REQUIRE HIGH LEVELS OF PERFORMANCE, RELIABILITY, AND SAFETY IN THE AREAS OF HUMAN AND ROBOTIC EXPLORATION, COMMERCIAL TRANSPORTATION, MILITARY SPACE, SPACE SCIENCE, AND SCIENCE. AIR WARFARE & ISR PROVIDES COMPREHENSIVE PROBLEM-CENTRIC ANALYSIS, DESIGN, AND RAPID PROTOTYPING TO ENHANCE EMBEDDED AIRBORNE INTELLIGENCE, SURVEILLANCE, RECONNAISSANCE (ISR) PROCESSING, SENSING, CONTROL, AND SYSTEMS OPERATION. SPECIAL PROGRAMS PROVIDE CONCEPT DEVELOPMENT, PROTOTYPES, LOW-RATE PRODUCTION, AND FIELD SUPPORT FOR FIRST-OF-A-KIND SYSTEMS FOR OUR SPONSORS IN COMMUNICATION, NAVIGATION AND MINIATURIZATION, SMART COLLECTION, PROCESSING AND EXPLOITATION, HUMAN SYSTEMS, SENSORS AND DELIVERY, AND CYBER OPERATIONS. 20160973 3238892 21693438 CIVIL PROGRAMS:THE CIVIL PROGRAMS INCLUDE ENERGY SYSTEMS AND BIOMEDICAL SYSTEMS. ENERGY SYSTEMS APPLY DRAPER'S EXPERTISE IN SENSORS AND CONTROLS TO IMPROVE THE EFFICIENCY, SAFETY, AND SECURITY OF ENERGY PRODUCTION, DISTRIBUTION, TRANSMISSION, AND USAGE. BIOMEDICAL SYSTEMS FOCUS ON NEW TOOLS AND TECHNOLOGIES FROM THE PHYSICAL SCIENCES AND ENGINEERING TO CREATE 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 MEMS, MICROFLUIDICS, AND ELECTRONICS MINIATURIZATION IS ENABLING SOLUTIONS FOR SMART MEDICAL DEVICES AND ORGAN-ASSIST DEVICES. 473723419 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 236 0 1 1773 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 4.00 X 34250 0 0 DELORES M ETTER 3.00 X 25132 0 0 JOHN A GORDON 8.00 X X 73463 0 0 SHERWIN GREENBLATT 4.00 X 27000 0 0 MIRIAM E JOHN 3.00 X 30250 0 0 FRANKLIN C MILLER 3.00 X 31750 0 0 GEORGE M MILNE JR 4.00 X 38159 0 0 M ELISABETH PATE-CORNELL 3.00 X 23000 0 0 PETER B TEETS 3.00 X 23455 0 0 RICHARD D WHITE 4.00 X 33823 0 0 JAMES D SHIELDS 40.00 X X 651419 0 199061 FRANK H AKERS JR 3.00 X 22750 0 0 DANIEL E HASTINGS 3.00 X 32906 0 0 RICHARD T ROCA 3.00 X 28625 0 0 JOHN R DOWDLE 40.00 X 367686 0 -56830 ELIZABETH MORA 40.00 X 390498 0 93552 LEN POLIZZOTTO 40.00 X 355747 0 120789 DARRYL G SARGENT 40.00 X 369919 0 -78315 JOHN W STILLWELL THRU 10312 40.00 X 1670903 0 41950 MELINDA J BROWN 40.00 X 221938 0 25148 STEVEN DITULLIO SINCE 10412 40.00 X 358906 0 664131 PAUL ROSENSTRACH 40.00 X 289202 0 39617 JACK BARRY 40.00 X 243940 0 37147 NEIL ADAMS 40.00 X 265957 0 42069 FRANK J SERNA 40.00 X 266973 0 42283 PHILIP S BABCOCK IV 40.00 X 259463 0 35991 DAVID NEYLAND 40.00 X 292843 0 23627 RICHARD JOHN RUSSELL 40.00 X 255076 0 38219 6685033 0 1268439 878 0 1 0 MRAC LLC 19 LINWOLD DR WEST HARTFORD CT 06107 CONSULTING SERVICES 384420 GOODWIN PROCTER LLP 53 STATE STREET BOSTON MA 02109 LEGAL SERVICES 297601 FROHMAN ASSOCIATES INC 12 TODD ROAD LEXINGTON MA 02420 CONSULTING SERVICES 200000 JEFFREY HARRIS PO BOX 497 LUNENBURG MA 01462 CONSULTING SERVICES 191126 RICHARD A BASQUE 330 BORDER ROAD CONCORD MA 01742 CONSULTING SERVICES 190800 10 9753016 9753016 PROGRAM SERVICE REVENUE 541700 516418912 516418912 516418912 2163319 2163319 1658423 1658423 8179632 2748035 5431597 5431597 5431597 33904164 42832 26625722 3123 7278442 39709 7318151 7318151 542743418 516418912 0 16571490 3836835 3836835 6448310 6448310 147827042 133153432 14673610 15768640 13443655 2324985 30254148 27396225 2857923 10590221 8903851 1686370 2118480 1583102 535378 374757 374757 521993 521993 14864958 10768460 4096498 41917 41917 1258647 1085100 173547 5927639 5243408 684231 189698 189698 7725755 2656929 5068826 5900841 5151293 749548 250753 93447 157306 4174305 1405 4172900 16046899 10307754 5739145 792510 331274 461236 SUBCONTRACTS 214865479 214865479 OTHER INDIRECT 19800396 18961749 838647 OTHER MATERIALS 14409632 14409632 OTHER EQUIPMENT 1241881 1021785 220096 345771 318906 26865 525577507 473723419 51854088 0 46898012 52110560 32090927 39571589 13652256 19812992 355745955 170932616 181831421 184813339 167403369 201866588 153581 306682 54816179 49372998 496845745 547854748 69705107 68961443 11416534 26925710 79182924 79240115 54472238 38943752 214776803 214071020 X 282068942 333783728 282068942 333783728 496845745 547854748 X 17165911 13143719 21405156 X X 0 1 X 1 1 1 X 1986426 3734351 6944976 7288039 9753016 29706808 4123470 14781224 3736752 3630186 3097436 29369068 6109896 18515575 10681728 10918225 12850452 59075876 59075876 15518887 12940432 15638595 14189345 16571490 74858749 133934625 0.44110 0.43110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26707 26707 525550800 525577507 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 8436 20011 6091 26707 61245 250000 250000 250000 250000 1000000 1500000 32984487 32984487 180326616 58056349 122270267 8132964 3695634 4437330 130051253 108093190 21958063 4250635 1087443 3163192 184813339 CONSTRUCTION IN PROGRESS 938174 MISCELLANEOUS ACCOUNTS RECEIVABLE 331320 UNBILLED CONTRACT COSTS AND FEES 47147309 DEPOSITS 956195 49372998 ACCRUED POST RETIREMENT BENEFITS 38943752 38943752 579328637 13143719 24153191 37296910 542031727 521993 189698 711691 542743418 527613851 2748035 2748035 524865816 521993 189698 711691 525577507 PART XI, LINE 2D - OTHER ADJUSTMENTS: FAS 158 PENSION & POST RETIREMENT PLAN 21,405,156. RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 2,748,035. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES PAID 189,698. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 2,748,035. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES PAID 189,698. PART XI LINE 8 - FAS 158 PENSION & POST RETIREMENT PLAN $21,405,156 PART XII LINE 4B: ROYALTIES PAID $189,689 PART XIII LINE 4B: ROYALTIES PAID $189,689 EUROPE 0 0 TRAVEL EXPENSES RESEARCH 443550 ASIA 0 0 TRAVEL EXPENSES RESEARCH 21201 MIDDLE EAST 0 0 TRAVEL EXPENSES RESEARCH 10211 NORTH AMERICA 0 0 TRAVEL EXPENSES RESEARCH 21435 0 0 0 0 0 0 496397 0 496397 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, 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) 257067 RESEARCH GRANT SUB-AWARD NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE 440 DANA RESEARCH CENTER BOSTON MA 02115 041679980 501(C)(3) 30402 RESEARCH GRANT SUB-AWARD MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 548938 RESEARCH GRANT SUB-AWARD PARTNERS HEALTHCARE SYSTEM INC 221 LONGWOOD AVE BOSTON MA 02115 043230035 501(C)(3) 186821 RESEARCH GRANT SUB-AWARD UNIVERSITY OF CALIFORNIA SANTA BARBARA 3227 CHEADLE HALL SANTA BARBARA CA 93106 956006145 501(C)(3) 63098 RESEARCH GRANT SUB-AWARD UNIVERSITY OF MASSACHUSETTS 55 LAKE AVE NORTH WORCESTER MA 01655 043167352 501(C)(3) 579585 RESEARCH GRANT SUB-AWARD UNIVERSITY OF TAMPA 401 W KENNEDY BLVD BOX L TAMPA FL 33606 590624459 501(C)(3) 89199 RESEARCH GRANT SUB-AWARD JOHNS HOPKINS UNIVERSITY 3400 N CHARLES STREET 600W WYMAN BUILDING BALTIMORE MD 21218 520595110 501(C)(3) 114474 RESEARCH GRANT SUB-AWARD UNIVERSITY OF SOUTH FLORIDA 3650 SPECTRUM BLVD SUITE 160 TAMPA FL 33612 593102112 19627 RESEARCH GRANT SUB-AWARD UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 30882 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) 117811 FELLOWSHIPS SUPPORT MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 1368201 FELLOWSHIPS SUPPORT NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE 440 DANA RESEARCH CENTER BOSTON MA 02115 041679980 501(C)(3) 108144 FELLOWSHIPS SUPPORT TUFTS UNIVERSITY 169 HOLLAND ST SOMERVILLE MA 02144 042103634 501(C)(3) 108448 FELLOWSHIPS SUPPORT UNIVERSITY OF SOUTH FLORIDA 3650 SPECTRUM BLVD SUITE 160 TAMPA FL 33612 593102112 132228 FELLOWSHIPS SUPPORT WORCESTER POLYTECHNIC INSTITUTE 100 INSTITUTE RD WORCESTER MA 01609 042121659 501(C)(3) 44419 FELLOWSHIPS SUPPORT WILLIAM MARSH RICE UNIVERSITY 6100 MAIN ST HOUSTON TX 77005 741109620 501(C)(3) 31240 FELLOWSHIPS SUPPORT 17 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: 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 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 DRAPERS BUSINESS PROCESS. AN APPROVED PURCHASE ORDER IS PLACED WITH THE UNIVERSITY FOR THE DURATION OF THE STUDENTS 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 503976 0 116041 0 31402 0 179593 0 19468 0 850480 0 0 0 JOHN R DOWDLE 305229 0 50510 0 11947 0 -70230 0 13400 0 310856 0 0 0 ELIZABETH MORA 326895 0 54371 0 9232 0 86403 0 7149 0 484050 0 0 0 LEN POLIZZOTTO 295748 0 49724 0 10275 0 103717 0 17072 0 476536 0 0 0 DARRYL G SARGENT 306791 0 51992 0 11136 0 -91735 0 13420 0 291604 0 0 0 JOHN W STILLWELL THRU 10312 229742 0 55665 0 1385496 0 20466 0 21484 0 1712853 0 0 0 MELINDA J BROWN 176954 0 30308 0 14676 0 19400 0 5748 0 247086 0 0 0 STEVEN DITULLIO SINCE 10412 246600 0 45608 0 66698 0 650908 0 13223 0 1023037 0 0 0 PAUL ROSENSTRACH 231514 0 39716 0 17972 0 25456 0 14161 0 328819 0 0 0 JACK BARRY 183143 0 39322 0 21475 0 24208 0 12939 0 281087 0 0 0 NEIL ADAMS 204251 0 39154 0 22552 0 23454 0 18615 0 308026 0 0 0 FRANK J SERNA 211670 0 38072 0 17231 0 23658 0 18625 0 309256 0 0 0 PHILIP S BABCOCK IV 217459 0 36705 0 5299 0 22964 0 13027 0 295454 0 0 0 DAVID NEYLAND 183082 0 0 0 109761 0 21463 0 2164 0 316470 0 0 0 RICHARD JOHN RUSSELL 196313 0 36541 0 22222 0 22869 0 15350 0 293295 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): IN PREVIOUS YEARS, DRAPER HAS REPORTED AMOUNTS PAID TO OFFICERS FROM THE SUPPLEMENTAL RETIREMENT PLAN IN A LUMP SUM WHEN IT WAS PAID. GOING FORWARD, DRAPER WILL REPORT AMOUNTS ON THE 990 AS THEY ARE INCURRED. 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 AND BENEFITS ARE CALCULATED AS OF THE FIRST DAY OF THE MONTH COINCIDENT WITH OR NEXT FOLLOWING THE OFFICER'S MANDATORY RETIREMENT DATE. THE DEFERRED COMPENSATION FOR THE SUPPLEMENTAL RETIREMENT PLAN IS INCLUDED IN THE FINANCIAL STATEMENTS. THE IRS FORMS 990 FOR FISCAL YEARS 2008 THROUGH 2012 (TAX YEARS 2007 THROUGH 2011) DO NOT INCLUDE DEFERRED COMPENSATION FOR THE SUPPLEMENTAL RETIREMENT PLAN FOR CORPORATE OFFICERS (SRPCO). IF AN OFFICER IS EMPLOYED, THE AMOUNT IS ACCRUED. WHEN AN OFFICER RETIRES, THE AMOUNT IS PAID. THE FOLLOWING AMOUNTS SHOULD HAVE BEEN INCLUDED IN SCHEDULE J, PART II (C): JOHN STILLWELL: YEAR 2008 - $467,524; YEAR 2009 $188,763; YEAR 2010 - $101,096; YEAR 2011 - $82,788; YEAR 2012 - $208,786. JOHN STILLWELL, VICE PRESIDENT FOR STRATEGIC SYSTEMS, WHO RETIRED DURING THE YEAR RECEIVED $1,327,890 FROM THE SUPPLEMENTAL RETIREMENT PLAN FOR CORPORATE OFFICERS. LEN POLIZZOTTO: YEAR 2010; $198,023; YEAR 2011 - $82,457; YEAR 2012 - $131,460. JAMES SHEILDS: YEAR 2008 - $673,189; YEAR 2009 $343,512; YEAR 2010 - $207,467; YEAR 2011 - $152,274; YEAR 2012 - $288,530. DARRYL SARGENT: YEAR 2008 - $348,253; YEAR 2009 $308,478; YEAR 2010 - $53,895; YEAR 2011 - $(123,628); YEAR 2012 - $208,085. JOHN DOWDLE: YEAR 2010 - $707,775; YEAR 2011 - $(73,507); YEAR 2012 - $170,323. ELIZABETH MORA: YEAR 2009 $55,703; YEAR 2010 - $89,954; YEAR 2011 - $96,959; YEAR 2012 - $139,488. 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 0.00000 0.04090 0.04090 0 0 0 A 0 0 0 0 0 0 0 0 0 A 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 TWO FULL TIME PERSONNEL WHO ARE RESPONSIBLE FOR COMPILATION, ANALYSIS AND MANAGEMENT OF THE COMPENSATION BUDGET PROCESS. THEY PARTICIPATE 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 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: FAS 158 PENSION & POST RETIREMENT PLAN 21,405,156. 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 28, 2013 AND CONTAINED 52 WEEKS. 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 2714737 ONE HAMPSHIRE CONDO TRUST Q 2450085