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
2022-12-01
Description
USOPF generates philanthropic support for US Olympic and Paralympic Committee athletes to achieve sustained competitive excellence and well-being.
Total revenues
$41,878,431
2022
Total expenses
$75,827,627
2022
Total assets
$54,992,411
2022
Num. employees
0
2022

Program areas at United States Olympic and Paralympic Foundation

The usopf, in partnership with the usopc and the los angeles organizing committee for the Olympic and Paralympic games 2028, is embarking on 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. This comprehensive campaign is a multi-year effort that will combine existing fundraising priorities with a new set of aspirational funding needs, accelerating the impact on team usa. The philanthropic strategy agreement detailing this partnership was signed in 2022 and officially granted the usopf fundraising rights for the la28 games.
The United States Olympic & Paralympic Foundation (usopf) granted funds to the u.s. Olympic & Paralympic committee for further support of team usa athletes. This support included programs impacting athlete excellence, sport advacement, and community growth.

Grants made by United States Olympic and Paralympic Foundation

GranteeGrant descriptionAmount
Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028Program Support$35,966,617
United States Olympic and Paralympic Committee (USOC)Program Support$27,505,694

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$12,606,416
National Philanthropic TrustHuman Services$878,500
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$685,000
...and 48 more grants received totalling $16,988,608

Personnel at United States Olympic and Paralympic Foundation

NameTitleCompensation
Gordon CrawfordBoard Member$0
Morane B KerekTreasurer$0
Michael CarterChair$0
Katherine DestefanoSecretary$0
Christopher McClearyFormer Secretary$0
...and 5 more key personnel

Financials for United States Olympic and Paralympic Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$41,446,634
Program services$0
Investment income and dividends$680,941
Tax-exempt bond proceeds$0
Royalty revenue$6,561
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-255,705
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$41,878,431

Form 990s for United States Olympic and Paralympic Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-23990View PDF
2021-122022-06-28990View PDF
2020-122021-06-24990View PDF
2019-122020-09-29990View PDF
2018-122019-09-13990View PDF
...and 5 more Form 990s

Organizations like United States Olympic and Paralympic Foundation

OrganizationLocationRevenue
Special OlympicsWashington, DC$138,307,643
Special Olympics Michigan (SOMI)Mount Pleasant, MI$10,928,476
Special Olympics FloridaClermont, FL$15,453,218
Special Olympics Minnesota (SOMN)Minneapolis, MN$10,481,322
Special Olympics TexasSan Antonio, TX$11,162,538
Special Olympics Northern CaliforniaPleasant Hill, CA$26,413,746
Special Olympics Southern CaliforniaLong Beach, CA$26,174,927
Special Olympics Illinois (SOILL)Normal, IL$17,739,289
Philadelphia Soccer 2026Philadelphia, PA$32,039,402
USA BaseballDurham, NC$19,471,093
Data update history
January 3, 2024
Received grants
Identified 13 new grant, including a grant for $250,000 from The Rieschel Foundation
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $78,300 from American Endowment Foundation
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 5 new personnel
August 21, 2023
Received grants
Identified 27 new grant, including a grant for $12,606,416 from United States Olympic and Paralympic Committee (USOC)
Nonprofit Types
Sports competitionsSports organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsFundraising eventsOperates internationallyNational levelEndowed supportAuction fundraisersTax deductible donationsNo full-time employees
General information
Address
1 Olympic Plaza
Colorado Springs, CO 80909
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
teamusa.org/us-olympic-and-paralympic-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
Independent
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