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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$817.0M
+9.5% YoY
Annual Giving
$4.0M
-6.3% YoY
Grant Count
14
-6.7% YoY
Avg Grant Size
$283K
+0.4% YoY
About Charles Stark Draper Laboratory Inc
Based on IRS filings
Charles Stark Draper Laboratory Inc is a nonprofit organization focused on Science & Technology, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $817.0M in total assets. In 2024, it awarded 14 grants totaling $4.0M. Net investment income was $13.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $817,012,224 | $745,841,251 | $22,731,326 |
| Revenue | $871,099,348 | $764,551,452 | $1,938,884 |
| Expenses | $830,228,101 | $730,364,613 | $336,410 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $13,696,828 | $5,922,177 | $1,938,884 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Open Grants
2 open opportunities from Charles Stark Draper Laboratory Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Massachusetts Institute of Technology ($1,747,816), Regents of the University of Colorado ($506,771), Harvard University ($294,436).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON CHILDRENS HOSPITAL BOSTON, MA | RESEARCH | $85,525 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY CAMBRIDGE, MA | RESEARCH / SCHOLAR SUPPORT | $1,747,816 |
| SEATTLE CHILDREN'S RESEARCH INSTITUTE SEATTLE, WA | RESEARCH | $73,851 |
| THE GENEVA FOUNDATION TACOMA, WA | RESEARCH | $174,052 |
| PORTLAND STATE UNIVERSITY PORTLAND, OR | SCHOLAR SUPPORT | $34,065 |
| BOSTON UNIVERSITY BOSTON, MA | SCHOLAR SUPPORT | $198,017 |
| BROWN UNIVERSITY PROVIDENCE, RI | SCHOLAR SUPPORT | $292,496 |
| HARVARD UNIVERSITY CAMBRIDGE, MA | SCHOLAR SUPPORT | $294,436 |
| NORTHEASTERN UNIVERSITY BOSTON, MA | SCHOLAR SUPPORT | $171,084 |
| PURDUE UNIVERSITY WEST LAFAYETTE, IN | SCHOLAR SUPPORT | $69,471 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERRY WOHLETZ | PRESIDENT AND CEO | 40 | $1,617,270 |
| DAVID R SHEDD | CHAIRMAN | 5 | $100,000 |
| BETTY SAPP | DIRECTOR | 3 | $59,000 |
| DAVID B ARONOFF | DIRECTOR | 3 | $55,000 |
| D RICK WILLIAMS | CHAIRMAN | 3 | $55,000 |
| TERRY J BENEDICT | DIRECTOR | 3 | $55,000 |
| AMR A ELSAWY | DIRECTOR | 3 | $50,000 |
| BARBARA STEVENS | DIRECTOR | 3 | $50,000 |
| CYNTHIA COLLINS | DIRECTOR | 3 | $50,000 |
| LT GEN RET FRANCIS KEARNEY | DIRECTOR | 3 | $50,000 |
| SCOTT W MACKAY | DIRECTOR | 3 | $50,000 |
| WANDA A SIGUR | DIRECTOR | 3 | $50,000 |
| CHRISTINE ALBERTELLI | CFO, TREASURER - END MARCH 2024 | 40 | $700,035 |
| MARY KIM | SECRETARY, VP & GEN COUNSEL | 40 | $397,145 |
| MARJORIE QUANT | CHIEF OPERATING OFFICER | 40 | $374,608 |
| CARRIE GEORGE | CFO, TREASURER - BEG APRIL 2024 | 40 | — |
| ROBERT BACON | VP, STRATEGIC SYSTEMS PROGRAMS | 40 | $490,519 |
| SARAH B LEEPER | VICE PRESIDENT, ELECTRONIC SYSTEMS | 40 | $475,186 |
| JAMES S KEOHANE | VP, CHIEF SEC. OFF. - BEG JULY 2023 | 40 | $556,337 |
| FRANK J SERNA | VP, USAF & MDA STRATEGIC SYSTEMS | 40 | $493,698 |
| ANTHONY S KOUREPENIS | VICE PRESIDENT, ENGINEERING | 40 | $489,511 |
| TARA S CLARK | VP, OPS & COMM PROG - END JUL 2023 | 40 | $471,971 |
| AMY HART | VP, CONTRACTS | 40 | $472,838 |
| ROBERT A LARSEN | FMR PRIN DIR., SPEC PROG | 40 | $128,732 |
| NEIL J ADAMS | FMR VP, NTL. SEC. & SPACE | 40 | $145,542 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charles Stark Draper Laboratory Inc?
Charles Stark Draper Laboratory Inc is a nonprofit organization focused on Science & Technology, based in CAMBRIDGE, MA. It holds $817.0M in total assets as of 2024.
How large is Charles Stark Draper Laboratory Inc?
As of 2024, Charles Stark Draper Laboratory Inc holds $817.0M in total assets with $871.1M in annual revenue. It awarded 14 grants totaling $4.0M in 2024.
Where does Charles Stark Draper Laboratory Inc operate?
Charles Stark Draper Laboratory Inc has awarded grants in Colorado, Florida, Illinois, Indiana, Massachusetts, Oregon, Rhode Island, Texas, Utah, Washington.
What size grants does Charles Stark Draper Laboratory Inc award?
In 2024, Charles Stark Draper Laboratory Inc awarded 14 grants totaling $4.0M — an average of about $283K per grant, based on its IRS Form 990 filings.
What is Charles Stark Draper Laboratory Inc's EIN?
Charles Stark Draper Laboratory Inc's EIN (Employer Identification Number) is 04-2505372. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charles Stark Draper Laboratory Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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