EIN 80-0939841

United States Olympic and Paralympic Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2013
Most recent tax filings
2023-12-01
Description
USOPF generates philanthropic support for US Olympic and Paralympic Committee athletes to achieve sustained competitive excellence and well-being.
Related structure
United States Olympic and Paralympic Foundation is a subordinate organization under United States Olympic and Paralympic Committee (USOC).
Total revenues
$48,794,865
2023
Total expenses
$38,905,519
2023
Total assets
$88,280,136
2023
Num. employees
0
2023

Program areas at United States Olympic and Paralympic Foundation

The United States Olympic and Paralympic Foundation (usopf or Foundation) granted funds to the United States Olympic and Paralympic committee (usopc) for further support of team usa athletes. This support included programs impacting athlete excellence, sport advacement, and community growth.
The usopf, in partnership with the usopc and the los angeles organizing committee for the Olympic and Paralympic games 2028 (la28), is leading a comprehensive campaign to generate philanthropic support for the athletes who will represent team usa on home soil at the 2028 Olympic and Paralympic games, as described in a philanthropic strategy agreement executed between the parties in 2022. This comprehensive campaign is a multi-year effort through 2028 that will combine existing fundraising priorities with a new set of aspirational funding needs, accelerating the impact on team usa.

Grants made by United States Olympic and Paralympic Foundation

GranteeGrant descriptionAmount
United States Olympic and Paralympic Committee (USOC)Program Support$24,587,502

Who funds United States Olympic and Paralympic Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United States Olympic and Paralympic Committee (USOC)Olympic/paralympic Support$13,138,004
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$685,000
J L FoundationGeneral Operating$500,000
...and 45 more grants received totalling $18,358,347

Personnel at United States Olympic and Paralympic Foundation

NameTitleCompensation
Sarah C HirshlandAs Chief Executive Officer of Usopc$0
Christin McManusTreasurer$0
Katherine DestefanoSecretary$0
Eryn Michael BingleVice Chair$0
Geoff YangChair$0
...and 7 more key personnel

Financials for United States Olympic and Paralympic Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$47,605,970
Program services$0
Investment income and dividends$1,199,768
Tax-exempt bond proceeds$0
Royalty revenue$4,939
Net rental income$0
Net gain from sale of non-inventory assets$23,493
Net income from fundraising events$-39,305
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$48,794,865

Form 990s for United States Olympic and Paralympic Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-20990View PDF
2022-122023-06-23990View PDF
2021-122022-06-28990View PDF
2020-122021-06-24990View PDF
2019-122020-09-29990View PDF
...and 6 more Form 990s

Organizations like United States Olympic and Paralympic Foundation

OrganizationLocationRevenue
United States Ski and Snowboard Team FoundationPark City, UT$19,018,802
Special OlympicsWashington, DC$138,307,643
Special Olympics Northern CaliforniaPleasant Hill, CA$26,413,746
Special Olympics Southern CaliforniaLong Beach, CA$26,174,927
SPECIAL Olympics FLORIDAClermont, FL$16,283,005
United States Olympic and Paralympic Committee (USOC)Colorado Springs, CO$242,000,005
Special Olympics Illinois (SOILL)Normal, IL$17,739,289
Maccabi USAPhiladelphia, PA$14,101,465
Challenged Athletes Foundation (CAF)San Diego, CA$12,862,581
The Principal Charity ClassicDes Moines, IA$13,693,555
Data update history
October 19, 2024
Received grants
Identified 5 new grant, including a grant for $13,138,004 from United States Olympic and Paralympic Committee (USOC)
August 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Updated personnel
Identified 5 new personnel
August 10, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
July 10, 2024
Received grants
Identified 8 new grant, including a grant for $300,000 from The San Francisco Foundation (TSFF)
Nonprofit Types
Sports competitionsSports organizationsChapter / child organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsFundraising eventsOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringAuction fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1 Olympic Plaza
Colorado Springs, CO 80909
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
usopc.org/about-the-foundation 
Phone
(719) 866-4541
IRS details
EIN
80-0939841
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N70: Amateur Sports Competitions
NAICS code, primary
713990: Amateur Sports, Youth Sports, and Recreational Services
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0205773
FTB Entity ID
3639196
AB 488 data last updated ("as-of") date
2024-11-20
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