TY 2018 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) Franklin C Miller...................................................................... Chairman - end 03/2019	8.0 ................. 0.0	X		74,672	0
(2) David B Aronoff...................................................................... Director	3.0 ................. 0.0	X		40,000	0
(3) Lena G Goldberg...................................................................... Director	3.0 ................. 0.0	X		40,278	0
(4) Daniel E Hastings...................................................................... Director	3.0 ................. 0.0	X		41,500	0
(5) Lt Gen Ret Francis Kearney...................................................................... Director	3.0 ................. 0.0	X		40,000	0
(6) Joanne M Maguire...................................................................... Director	3.0 ................. 0.0	X		44,000	0
(7) David R Shedd...................................................................... Director	3.0 ................. 0.0	X		60,263	0
(8) M Elizabeth Young...................................................................... Director - end 10/2018	3.0 ................. 0.0	X		31,125	0
(9) Kaigham Ken Gabriel...................................................................... President and CEO	40.0 ................. 0.0	X	X	857,241	327,824
(10) D Rick Williams...................................................................... Director	3.0 ................. 0.0	X		37,500	0
(11) Gary S May...................................................................... Director	3.0 ................. 0.0	X		38,944	0
(12) John T Mitchell...................................................................... Director - end 10/2018	3.0 ................. 0.0	X		41,500	0
(13) Terry J Benedict...................................................................... Director	3.0 ................. 0.0	X		9,375	0
(14) Susan Hockfield...................................................................... Director	3.0 ................. 0.0	X		9,375	0
(15) Elizabeth Mora...................................................................... Chief Administrative Officer	40.0 ................. 0.0		X	498,047	436,327
(16) Steven DiTullio...................................................................... VP of Strategic Systems	40.0 ................. 0.0		X	450,709	255,906
(17) Tara S Clark...................................................................... VP of Commercial Programs	40.0 ................. 0.0		X	309,756	165,710

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(18) Jennifer L Jensen........................................................................ VP of Nat'l Security and Space	40.0 .......................0.0	X				468,046	152,705
(19) Richard J Russell........................................................................ VP of Engineering	40.0 .......................0.0	X				400,494	52,426
(20) Alexa Adams........................................................................ Director of Legal & Secretary	40.0 .......................0.0	X				225,047	41,303
(21) Paul Rosenstrach thru 1218........................................................................ Principal Director Technical	40.0 .......................0.0		X			403,906	48,787
(22) Neil J Adams........................................................................ Program Director	40.0 .......................0.0		X			344,582	66,147
(23) William Tsacoyeanes........................................................................ Program Director	40.0 .......................0.0			X		317,104	47,770
(24) PHIL KEATING........................................................................ Program Director	40.0 .......................0.0			X		371,299	76,044
(25) ANTHONY S KOUREPENIS........................................................................ PRINCIPAL DIR TECHNICAL	40.0 .......................0.0			X		382,424	50,954
(26) FRANK J SERNA........................................................................ PRINCIPAL DIR programs	40.0 .......................0.0			X		348,009	60,653
(27) Sheila Hemami........................................................................ Dir Stat Tech Oppts	40.0 .......................0.0			X		326,795	36,781
(28) George M Milne Jr........................................................................ Director	0.0 .......................0.0				X	38,791	0
(29) John R Dowdle thru 3218........................................................................ VP of Engineering	40.0 .......................0.0				X	695,956	13,126
(30) Seamus Tuohy........................................................................ Program Director	40.0 .......................0.0				X	307,520	64,363
(31) Robert Durkin........................................................................ Principal Dir Administration	40.0 .......................0.0				X	245,577	24,037

(A) Name and business address	(B) Description of services	(C) Compensation
VENICE PRECISION LLC, 112 Morse Ct NORTH VENICE,FL34275	Material & Supplies	2,919,045
INTEGRA TECHNOLOGIES LLC, 3450 N Rock Rd Bldg 100 WICHITA,KS67226	Other Tech. Svcs.	2,378,800
DELOITTE CONSULTING LLP, 200 Berkeley St 10th Floor BOSTON,MA02116	Consulting services	1,307,286
SUNSTEIN KANN MURPHY TIMBERS LLP, 125 Summer St BOSTON,MA02110	Legal services	1,204,896
LANDO ANASTASI, 1 Main St 11 CAMBRIDGE,MA02142	Legal services	1,115,100
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 50

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2018

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv), 170(b)(1)(A)(vi), and 170(b)(1)(A)(ix)
(Complete only if you checked the box on line 5, 7, 8, or 9 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2014	(b) 2015	(c) 2016	(d) 2017	(e) 2018	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	9,718,339	2,914,777	4,304,569	3,183,775	1,228,028	21,349,488
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....						0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..	37,044,941	57,679,170	23,316,424	46,493,881	54,141,021	218,675,437
4	Total. Add lines 1 through 3	46,763,280	60,593,947	27,620,993	49,677,656	55,369,049	240,024,925
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..						0
6	Public support. Subtract line 5 from line 4.						240,024,925

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2014	(b) 2015	(c) 2016	(d) 2017	(e) 2018	(f) Total
7	Amounts from line 4..	46,763,280	60,593,947	27,620,993	49,677,656	55,369,049	240,024,925
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	12,044,311	13,848,782	7,928,368	8,459,831	7,394,646	49,675,938
9	Net income from unrelated business activities, whether or not the business is regularly carried on..						0
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	-266,871	7,999	0	0	0	-258,872
11	Total support. Add lines 7 through 10						289,441,991

Gross receipts from related activities, etc. (see instructions) ..................

2,365,829,579

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2018 (line 6, column (f) divided by line 11, column (f)) .........

82.927 %

Public support percentage for 2017 Schedule A, Part II, line 14 ...............

80.283 %

16a

33 1/3% support test—2018. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2017. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2018. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2017. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2018

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2014	(b) 2015	(c) 2016	(d) 2017	(e) 2018	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2014	(b) 2015	(c) 2016	(d) 2017	(e) 2018	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2018 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2017 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2018 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2017 Schedule A, Part III, line 17 .............

19a

331/3% support tests—2018. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2017. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2018

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990 or 990-EZ) 2018

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2018

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2018

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2018 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2018	(iii) Distributable Amount for 2018
1 Distributable amount for 2018 from Section C, line 6
2 Underdistributions, if any, for years prior to 2018 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2018:
a From 2013.......
b From 2014.......
c From 2015.......
d From 2016.......
e From 2017.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2018 distributable amount
i Carryover from 2013 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2018 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2018 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2018, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2018. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2019. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2014......
b Excess from 2015.....
c Excess from 2016.....
d Excess from 2017.....
e Excess from 2018.....

Schedule A (Form 990 or 990-EZ) (2018)

Schedule A (Form 990 or 990-EZ) 2018

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)

Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2

Name of organization Charles Stark Draper Laboratory Inc

Part I	Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Page 3

Name of organization Charles Stark Draper Laboratory Inc		Employer identification number 04-2505372

Part II	Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Page 4


Name of organization Charles Stark Draper Laboratory Inc			Employer identification number 04-2505372
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public Inspection

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2018

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	(c)Two years back	(d)Three years back	(e)Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations .................

3a(i)

(ii) related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	32,495,864		32,495,864
b	Buildings ....	242,133,146	87,084,500	155,048,646
c	Leasehold improvements	8,633,887	6,486,012	2,147,875
d	Equipment ....	183,253,281	141,054,468	42,198,813
e	Other .....	24,623,761	1,597,627	23,026,134
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				254,917,332

Schedule D (Form 990) 2018

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
ACCRUED POST RETIREMENT BENEFITS	36,915,492
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	36,915,492
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2018

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	616,087,995
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-14,745,250
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	-13,358,875
e	Add lines 2a through 2d .....................			2e	-28,104,125
3	Subtract line 2e from line 1..................			3	644,192,120
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	1,303,598
b	Other (Describe in Part XIII.) ...........	4b	8,242,525
c	Add lines 4a and 4b....................			4c	9,546,123
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	653,738,243

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	665,951,493
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	4,137,440
e	Add lines 2a through 2d....................			2e	4,137,440
3	Subtract line 2e from line 1...................			3	661,814,053
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	1,303,598
b	Other (Describe in Part XIII.) ............	4b	8,242,525
c	Add lines 4a and 4b.....................			4c	9,546,123
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	671,360,176

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Schedule D, Part XI, Line 2d	FAS 158 Pension & Post-Retirement Plan ($14,359,332) Misc. Inc./(loss) $22,190 Rental Expenses Netted Against Revenue $978,267 ------------------ ($13,358,875)
Schedule D, Part XI, Line 4b	Interest - Line of Credit $502,889 Other Non-Operating Expenses $7,739,636 ------------------ $8,242,525
Schedule D, Part XII, Line 2d	Rental Expenses Netted Against Revenue $978,267 Other Components of Net Periodic Benefit Costs $3,159,173 ------------------ Total $4,137,440
Schedule D, Part XII, Line 4b	Interest - Line of Credit $502,889 Other Non-Operating Expenses $7,739,636 ------------------ TOTAL $8,242,525

Schedule D (Form 990) 2018

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2018

Open to Public Inspection

Name of the organization
Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(c) Number of employees, agents, and independent contractors in region	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for and investments in region
	Europe (Including Iceland and Greenland)	1	Program Services	Research	3,707,656
	East Asia and the Pacific		Program Services	Research	133,237
	North America		Program Services	Research	245,274
	South Asia		Program Services	Research	10,190













3a	Sub-total .....	1			4,096,357
b	Total from continuation sheets to Part I ...
c	Totals (add lines 3a and 3b)	1			4,096,357

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2018

Schedule F (Form 990) 2018

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of non-cash assistance	(h) Description of non-cash assistance	(i) Method of valuation (book, FMV, appraisal, other)

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) 2018

Schedule F (Form 990) 2018Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of non-cash assistance	(g) Description of non-cash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2018

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2018

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).

ReturnReference	Explanation
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. SCHEDULE F, PART I, LINE 3, COLUMN F THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING.

Schedule F (Form 990) 2018

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization
Charles Stark Draper Laboratory Inc

Employer identification number
04-2505372

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) Boston University 595 Commonwealth Ave Boston,MA02215	04-2103547	501(C)(3)	363,009	Fellowships Support
(2) Brown University 1 Prospect Street Providence,RI02912	05-0258809	501(C)(3)	158,380	Fellowships Support
(3) Harvard University 1350 Massachusetts Ave Cambridge,MA02138	04-2103580	501(C)(3)	194,476	Fellowships Support
(4) Massachusetts Institute of Technology 77 Massachusetts Ave Cambridge,MA02139	04-2103594	501(C)(3)	1,796,461	Fellowships Support
(5) Tufts University 169 Holland Street Somerville,MA02144	04-2103634	501(C)(3)	80,700	Fellowships Support
(6) Regents of the University of Colorado 1800 Grant St 800 Denver,CO80203	84-6000555	501(c)(3)	366,598	Fellowships Support
(7) The Johns Hopkins University 3400 N Charles Street Baltimore,MD21218	52-0595110	501(c)(3)	64,194	Fellowships Support

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2018

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

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.

Schedule I (Form 990) 2018

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2018

Open to Public Inspection

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Yes

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Yes

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2018

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1Kaigham Ken Gabriel President and CEO	(i) (ii)	588,622 ------------- 0	218,401 ------------- 0	50,218 ------------- 0	275,944 ------------- 0	51,880 ------------- 0	1,185,065 ------------- 0	0 ------------- 0
2Elizabeth Mora Chief Administrative Officer	(i) (ii)	384,055 ------------- 0	74,257 ------------- 0	39,735 ------------- 0	426,909 ------------- 0	9,418 ------------- 0	934,374 ------------- 0	0 ------------- 0
3William Tsacoyeanes Program Director	(i) (ii)	246,296 ------------- 0	51,276 ------------- 0	19,532 ------------- 0	27,130 ------------- 0	20,640 ------------- 0	364,874 ------------- 0	0 ------------- 0
4John R Dowdle thru 3218 VP of Engineering	(i) (ii)	68,671 ------------- 0	43,947 ------------- 0	583,338 ------------- 0	9,752 ------------- 0	3,374 ------------- 0	709,082 ------------- 0	0 ------------- 0
5Steven DiTullio VP of Strategic Systems	(i) (ii)	345,729 ------------- 0	70,309 ------------- 0	34,671 ------------- 0	232,573 ------------- 0	23,333 ------------- 0	706,615 ------------- 0	0 ------------- 0
6Tara S Clark VP of Commercial Programs	(i) (ii)	261,517 ------------- 0	26,300 ------------- 0	21,939 ------------- 0	130,440 ------------- 0	35,270 ------------- 0	475,466 ------------- 0	0 ------------- 0
7PHIL KEATING Program Director	(i) (ii)	238,022 ------------- 0	0 ------------- 0	133,277 ------------- 0	24,786 ------------- 0	51,258 ------------- 0	447,343 ------------- 0	0 ------------- 0
8ANTHONY S KOUREPENIS PRINCIPAL DIR TECHNICAL	(i) (ii)	318,282 ------------- 0	57,072 ------------- 0	7,070 ------------- 0	26,657 ------------- 0	24,297 ------------- 0	433,378 ------------- 0	0 ------------- 0
9FRANK J SERNA PRINCIPAL DIR programs	(i) (ii)	268,450 ------------- 0	56,156 ------------- 0	23,403 ------------- 0	26,812 ------------- 0	33,841 ------------- 0	408,662 ------------- 0	0 ------------- 0
10Jennifer L Jensen VP of Nat'l Security and Space	(i) (ii)	239,586 ------------- 0	116,285 ------------- 0	112,175 ------------- 0	127,403 ------------- 0	25,302 ------------- 0	620,751 ------------- 0	0 ------------- 0
11Richard J Russell VP of Engineering	(i) (ii)	279,441 ------------- 0	51,226 ------------- 0	69,827 ------------- 0	28,207 ------------- 0	24,219 ------------- 0	452,920 ------------- 0	0 ------------- 0
12Alexa Adams Director of Legal & Secretary	(i) (ii)	187,761 ------------- 0	19,566 ------------- 0	17,720 ------------- 0	21,500 ------------- 0	19,803 ------------- 0	266,350 ------------- 0	0 ------------- 0
13Seamus Tuohy Program Director	(i) (ii)	239,316 ------------- 0	54,652 ------------- 0	13,552 ------------- 0	26,147 ------------- 0	38,216 ------------- 0	371,883 ------------- 0	0 ------------- 0
14Paul Rosenstrach thru 1218 Principal Director Technical	(i) (ii)	270,508 ------------- 0	67,230 ------------- 0	66,168 ------------- 0	26,160 ------------- 0	22,627 ------------- 0	452,693 ------------- 0	0 ------------- 0
15Robert Durkin Principal Dir Administration	(i) (ii)	189,106 ------------- 0	38,227 ------------- 0	18,244 ------------- 0	21,004 ------------- 0	3,033 ------------- 0	269,614 ------------- 0	0 ------------- 0
16Neil J Adams Program Director	(i) (ii)	278,846 ------------- 0	62,479 ------------- 0	3,257 ------------- 0	27,830 ------------- 0	38,317 ------------- 0	410,729 ------------- 0	0 ------------- 0
17Sheila Hemami Dir Stat Tech Oppts	(i) (ii)	256,394 ------------- 0	50,688 ------------- 0	19,713 ------------- 0	27,750 ------------- 0	9,031 ------------- 0	363,576 ------------- 0	0 ------------- 0
18George M Milne Jr Director	(i) (ii)	38,791 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	38,791 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2018

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
Schedule J, Part I, Line 1A	I) FIRST CLASS TRAVEL FOR BOARD MEMBERS AND OFFICERS IS PROVIDED FOR LONG-DISTANCE TRAVEL TO IMPROVE PARTICIPATION IN BUSINESS MEETINGS. THIS BENEFIT WAS PROVIDED TO EIGHT BOARD MEMBERS, AND SIX OFFICERS. III) SPOUSAL TRAVEL IS REIMBURSED FOR CERTAIN INDIVIDUALS REPORTED ON THE FORM 990. THIS INCOME IS TREATED AS TAXABLE, AND IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III). THIS BENEFIT WAS PROVIDED TO TWO BOARD MEMBERS AND zero OFFICERS. V) TAX INDEMNIFICATION AND GROSS UP PAYMENTS EXIST UNDER OUR NEW HIRE/EMPLOYEE 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. THERE WAS ONE DISBURSEMENT MADE DURING CALENDAR YEAR 2018. SCHEDULE J, PART I, LINE 4A DRAPER HAS AN EMPLOYMENT AND SEPARATION POLICY THAT COVERS THE CEO, DR. GABRIEL. UNDER THIS AGREEMENT, HE IS ENTITLED TO 12 MONTHS' SALARY AND HEALTH BENEFITS IF TERMINATED BY THE BOARD WITHOUT CAUSE.
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. ALL OFFICERS ARE AUTOMATICALLY ENROLLED IN THIS PLAN UPON ASSUMING THE OFFICER POSITION AND 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 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 IS EMPLOYED, THE AMOUNT IS ACCRUED. WHEN AN OFFICER RETIRES, THE AMOUNT IS PAID. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE PLAN IN CALENDAR YEAR 2018. THE AMOUNTS DESCRIBED ARE REPORTED ON SCHEDULE J PART II COLUMN C. JENNIFER JENSEN: $104,368 TARA CLARK: $103,190 KAIGHAM (KEN) GABRIEL: $258,559 STEVEN DITULLIO: $210,085 ELIZABETH MORA: $404,659
Schedule J, Part I, Line 5a and 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 METRICS RELATED TO SPONSORED REVENUE GROWTH AND COST MANAGEMENT AS WELL AS HUMAN CAPITAL MANAGEMENT FOCUSED ON RETENTION AND DIVERSITY. ALL PARTICIPANT AWARDS ARE REVIEWED BY THE PRESIDENT OF DRAPER AND REPORTED TO THE BOARD ANNUALLY.
Schedule J, Part II - John R. Dowdle	John Dowdle served as the VP of Engineering through March 2, 2018. He is reported as a Former Officer on Form 990, Part VII, to report both his W-2 wages up until his end date, as well as $275,693 of compensation received for services after his end date as an independent consultant.

Schedule J (Form 990) 2018

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public Inspection

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e)Original principal amount	(f)Balance due	(g) In default?		(h) Approved by board or committee?		(i)Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e)Original principal amount	(f)Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2018

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) John Dowdle	FORMER VP OF ENGINEERING	275,693	consulting services		No
(2) Elizabeth T Adalsteinsson Dowdle	FAMILY MEMBER OF OFFICER	95,994	Employee of Draper		No
(3) Kathryn Adams	Family of Key Employee	81,308	Employee of Draper		No
(4) Phillip DiTullio	Family member of officer	56,216	Employee of Draper		No
(5) Terry J Benedict	See Part V	1,688,065	Customer contract FY19 revenue		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference

Explanation

Schedule L, Part IV, lines 1-4

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. Schedule L, Part IV, line 1 John Dowdle served as the VP of Engineering through March 2, 2018. He is reported as a Former Officer on Form 990, Part VII, to report both his W-2 wages up until his end date, as well as $275,693 of compensation received for services after his end date as an independent consultant. Schedule L, Part IV, Line 5 Terry J. Benedict is a Draper Board member and the COO of a company, Blue Origin, with which Draper does business on an arms-length basis.

Schedule L (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Return Reference	Explanation
FORM 990, PART VI, LINE 6 & LINE 7A	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. 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, 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 principal director of finance for secondary review. The CAO and CEO perform their own reviews 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, 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 firm personnel may also be consulted.
FORM 990, PART VI, 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 officers annually. 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 votes to approve the compensation of the CEO and officers based on their surveys which includes third party surveys of laboratories throughout the country. Decisions of the compensation committee are contemporaneously documented in the minutes.
FORM 990, PART VI, 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. Form 990, 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-Retirement Plan -14,359,332 Misc. Income/(Expense) 22,190 Other Components of net periodic benefit costs -3,159,172 total -17,496,314
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 FY2019 AND FY2018.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2018

Open to Public Inspection

Name of the organization

Charles Stark Draper Laboratory Inc

Employer identification number

04-2505372

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2018

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No

Schedule R (Form 990) 2018

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2018

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2018

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2018

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: Pioneer in the application of science and technology in the national interest.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	11
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	10
5	Total number of individuals employed in calendar year 2018 (Part V, line 2a) ......	5	2,193
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	3,183,775	1,228,028
9	Program service revenue (Part VIII, line 2g) .........	589,386,880	624,085,024
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	11,256,568	25,025,738
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	4,082,608	3,399,453
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	607,909,831	653,738,243
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	2,700,321	3,008,679
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	280,824,162	288,934,608
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 566,568
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	355,716,149	379,416,889
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	639,240,632	671,360,176
19	Revenue less expenses. Subtract line 18 from line 12.......	-31,330,801	-17,621,933
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	663,485,592	607,378,644
21	Total liabilities (Part X, line 26).............	272,076,804	265,833,353
22	Net assets or fund balances. Subtract line 21 from line 20.....	391,408,788	341,545,291

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 354,357,135 including grants of $ 54,948 ) (Revenue $ 390,447,901 )
	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.

4b	(Code: ) (Expenses $ 200,855,622 including grants of $ 2,953,731 ) (Revenue $ 221,312,479 )
	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.

4c	(Code: ) (Expenses $ 11,185,426 including grants of $ ) (Revenue $ 12,324,644 )
	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.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses566,398,183

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	7,499,835	0	1,920,863

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	320,349

f	All other contributions, gifts, grants, and similar amounts not included above		1f	907,679

g	Noncash contributions included in lines 1a - 1f:$
h Total. Add lines 1a-1f.......		1,228,028

		Business Code
2a	STRATEGIC SYSTEMS	541700	390,447,901	390,447,901	0	0
b	NATIONAL SECURITY & SPACE PROGRAMS	541700	221,312,479	221,312,479	0	0
c	COMMERCIAL PROGRAMS	541700	12,324,644	12,324,644	0	0
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f ....		624,085,024

3 Investment income (including dividends, interest, and othersimilar amounts) ......			3,016,926			3,016,926
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			999,059			999,059
		(ii) Personal	(i) Real
6a	Gross rents		3,378,661
b	Less: rental expenses		978,267
c	Rental income or (loss)	0	2,400,394
d	Net rental income or (loss)......			2,400,394			2,400,394
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	31,000	236,433,474
b	Less: cost or other basis and sales expenses	263,570	214,192,092
c	Gain or (loss)	-232,570	22,241,382
d	Net gain or (loss).....			22,008,812			22,008,812
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a		0
b	Less: direct expenses ...b		0
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a		0
b	Less: direct expenses ...b		0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
	a		0
b	Less: cost of goods sold ..b		0
c	Net income or (loss) from sales of inventory..			0
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See Instructions......			653,738,243	624,085,024	0	28,425,191

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21	3,008,679	3,008,679
2	Grants and other assistance to domestic individuals. See Part IV, line 22	0
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16.	0
4	Benefits paid to or for members	0
5	Compensation of current officers, directors, trustees, and key employees ....	5,478,511		5,478,511
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	509,211	233,518	275,693
7	Other salaries and wages	202,440,706	176,751,150	25,370,540	319,016
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	22,922,626	17,757,658	5,164,968
9	Other employee benefits .......	41,836,162	32,123,296	9,614,599	98,267
10	Payroll taxes ...........	15,747,392	12,572,185	3,175,207
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	6,819,370	5,020,565	1,798,805
c	Accounting ...........	559,431		559,431
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	1,303,598		1,303,598
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	15,220,923	14,299,552	921,371
12	Advertising and promotion ....	1,834,811		1,834,811
13	Office expenses .......	1,806,208	1,633,011	173,123	74
14	Information technology ......	13,482,893	11,987,689	1,495,204
15	Royalties ..	0
16	Occupancy ...........	13,362,027	2,683,287	10,678,740
17	Travel ............	7,204,911	6,319,824	857,292	27,795
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	178,539	136,282	42,007	250
20	Interest ...........	4,345,066		4,345,066
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	26,593,644	12,535,890	14,057,754
23	Insurance ...	1,696,163	43,787	1,652,376
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	SUBCONTRACTS	194,141,267	194,141,267	0	0
b	OTHER INDIRECT	45,254,549	33,745,799	11,402,475	106,275
c	OTHER MATERIALS	37,212,108	37,154,237	57,871	0
d	OUTSIDE SERVICES	8,401,381	4,250,507	4,135,983	14,891
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	671,360,176	566,398,183	104,395,425	566,568
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			0	1	0
2	Savings and temporary cash investments .........			28,154,118	2	10,294,172
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			110,774,496	4	114,110,009
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L .............
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L ..............
				0	6	0
7	Notes and loans receivable, net ....			19,561,608	7	23,618,783
8	Inventories for sale or use ........			0	8	0
9	Prepaid expenses and deferred charges ......			27,142,584	9	24,644,126
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	491,139,939
b	Less: accumulated depreciation	10b	236,222,607	233,373,259	10c	254,917,332
11	Investments—publicly traded securities .			242,422,049	11	177,423,346
12	Investments—other securities. See Part IV, line 11 .....			306,889	12	396,172
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			1,750,589	15	1,974,704
16	Total assets. Add lines 1 through 15 (must equal line 34)...			663,485,592	16	607,378,644

17	Accounts payable and accrued expenses .....	90,642,280	17	87,714,066
18	Grants payable ...	0	18	0
19	Deferred revenue .........	27,943,349	19	28,419,133
20	Tax-exempt bond liabilities .........	0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..	0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	6,994,462	23	8,097,030
24	Unsecured notes and loans payable to unrelated third parties ..	120,427,797	24	104,687,632
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	26,068,916	25	36,915,492
26	Total liabilities. Add lines 17 through 25..	272,076,804	26	265,833,353

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	391,408,788	27	341,545,291
28	Temporarily restricted net assets ...........	0	28	0
29	Permanently restricted net assets	0	29	0
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	391,408,788	33	341,545,291
34	Total liabilities and net assets/fund balances ........	663,485,592	34	607,378,644

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No