EIN 72-1581977

USA Swimming Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2004
Most recent tax filings
2022-12-01
Description
The USA Swimming Foundation strengthens the sport of swimming by saving lives, building champions, and impacting communities. To save lives, it continues its Learn-to-Swim Initiative and has expanded its efforts to include fundraising for adult learn-to-swim programs from U.S. Masters Swimming. To build champions, it supports the National Team by providing essential experts such as physical therapists, strength trainers, nutritionists, sports psychologists and others for peak physical performance, mental wellness and positive team culture. The foundation is located in Colorado Springs, CO.
Total revenues
$3,461,390
2022
Total expenses
$3,771,278
2022
Total assets
$19,829,085
2022
Num. employees
3
2022

Program areas at USA Swimming Foundation

Saving Lives - Learn-to-Swim Initiative: USA Swimming and the USA Swimming Foundation believe that the best defense against drowning is empowering children and adults with the life-saving skill of swimming and education on how to be safer around the water. Continued, see Schedule O.
Building Champions - Impacting Communities: The USA Swimming Foundation focuses on investing in three impactful programs to increase access and opportunities for underrepresented communities: Community Impact Grants, Historically Black Colleges and Universities (HBCU) Grants and Community Swim Teams. Through the Community Impact Grant program, USA Swimming aims to grow a diverse community of champion athletes. Continued, see Schedule O.
Building Champions - National Team: The U.S. is one of few countries that does not provide government funding for its Olympic-level athletes. National Team swimmers train up to five hours a day and maintain a rigorous and demanding travel schedule. Therefore, most professional swimmers do not have time to maintain traditional employment and competing at the highest level is expensive. Continued, see Schedule O.
alumni legacy

Grants made by USA Swimming Foundation

GranteeGrant descriptionAmount
USA SwimmingNational Team & Sport Dev.$1,483,151
Valley of the Sun YMCALearn To Swim$34,000
YMCA of Greater HoustonLearn To Swim$32,615
...and 38 more grants made totalling $1,941,536

Who funds USA Swimming Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$664,439
Pool and Hot Tub FoundationStep Into Swim$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$70,500
...and 19 more grants received totalling $1,339,025

Personnel at USA Swimming Foundation

NameTitleCompensation
Timothy HincheyChief Executive Officer$0
Eric SkufcaChief Financial Officer$0
David WiederechtSecretary / Director$0
Anne BerryVice - Chair / Director / Member$0
Jeff MoxieTreasurer / Director$0
...and 5 more key personnel

Financials for USA Swimming Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,218,101
Program services$619,805
Investment income and dividends$422,992
Tax-exempt bond proceeds$0
Royalty revenue$234,807
Net rental income$0
Net gain from sale of non-inventory assets$71,737
Net income from fundraising events$-106,052
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,461,390

Form 990s for USA Swimming Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-10-07990View PDF
2020-122021-11-12990View PDF
2019-122021-02-17990View PDF
2018-122020-01-24990View PDF
...and 9 more Form 990s

Organizations like USA Swimming Foundation

OrganizationLocationRevenue
United States Swimming VirginiaAppomattox, VA$1,203,031
Swim Across America (SAA)Charlotte, NC$9,886,949
Oakcliff SailingOyster Bay, NY$2,437,513
Florida SwimmingMinneola, FL$962,821
Red Wave Swim TeamMontclair, NJ$902,418
Illinois Swimming IncorporatedRolling Meadows, IL$1,962,511
Chino Hills Area Water PoloCorona, CA$1,131,382
Swimming with A MissionBedford, NH$1,645,780
Solar Soccer ClubAllen, TX$5,592,702
United States Ski and Snowboard Team FoundationPark City, UT$17,246,819
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 4 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Received grants
Identified 5 new grant, including a grant for $200,000 from Pool and Hot Tub Foundation
October 25, 2023
Received grants
Identified 10 new grant, including a grant for $664,439 from American Online Giving Foundation
Nonprofit Types
Amateur sports clubsSports organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsFundraising eventsNational levelEndowed supportCommunity engagement / volunteeringAuction fundraisersTax deductible donations
General information
Address
1 Olympic Plaza
Colorado Springs, CO 80909
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
usaswimming.org/foundation/ 
Phone
(719) 866-4578
IRS details
EIN
72-1581977
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N67: Swimming, Water Recreation
NAICS code, primary
713990: Amateur Sports, Youth Sports, and Recreational Services
Parent/child status
Independent
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