Form 990 for tax year 2025
Filed by UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION.
Totals
- Total revenue
- $112,125,723
- Total expenses
- $86,233,610
- Contributions and grants received
- $107,260,990
- Grants paid
- $65,368,939
- Program service revenue
- $0
- Investment income
- $2,994,932
- Other revenue
- $1,869,801
- Total assets, end of year
- $125,249,195
- Total liabilities, end of year
- $79,756,676
- Net assets or fund balances, end of year
- $45,492,519
- Program services expenses (Part IX)
- $66,217,800
- Management and general expenses
- $3,885,484
- Fundraising expenses
- $16,130,326
- Program service expenses (Part III)
- $66,217,800
Program services were 76.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$19,095,789
-
1f · All other contributions, gifts and grants
$88,165,201
-
1g · Noncash contributions included above
$17,139,045
-
3 · Investment income
total $1,967,592 · excluded $1,967,592
-
7a · Gross sales of assets other than inventory
securities $1,460,766
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $433,426
-
7c · Gain or loss
securities $1,460,766 · other assets -$433,426
-
7d · Net gain or loss
total $1,027,340 · excluded $1,027,340
-
8a · Fundraising events: gross income
$121,194
-
8b · Fundraising events: direct expenses
$126,445
-
8c · Net income from fundraising events
total -$5,251 · excluded -$5,251
-
11a · Other revenue: PRIOR YEAR FUNDRAISING EVENT ADJ
total $1,612,263 · excluded $1,612,263
-
11b · Other revenue: INSURANCE PROCEEDS
total $260,227 · excluded $260,227
-
11c · Other revenue: LIST RENTAL
total $2,562 · excluded $2,562
-
11e · Other revenue, total
$1,875,052
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $65,368,939 · program services $65,368,939
-
11a · Fees: management
total $8,756,876 · management and general $1,687,197 · fundraising $7,069,679
-
11c · Fees: accounting
total $7,626 · management and general $7,626
-
11e · Fees: professional fundraising services
total $1,306,501 · fundraising $1,306,501
-
11g · Fees: other
total $1,265,638 · management and general $265,817 · fundraising $999,821
-
12 · Advertising and promotion
total $1,164,400 · fundraising $1,164,400
-
13 · Office expenses
total $536,885 · management and general $56,395 · fundraising $480,490
-
14 · Information technology
total $229,763 · management and general $23,087 · fundraising $206,676
-
16 · Occupancy
total $1,887,064 · management and general $692,885 · fundraising $1,194,179
-
17 · Travel
total $951,580 · management and general $235,322 · fundraising $716,258
-
19 · Conferences, conventions and meetings
total $6,190 · management and general $1,830 · fundraising $4,360
-
20 · Interest
total $848,861 · program services $848,861
-
24a · Other expenses: POSTAGE AND PRINTING
total $2,735,433 · fundraising $2,735,433
-
24b · Other expenses: EVENT EXPENSES
total $144,518 · management and general $49,354 · fundraising $95,164
-
24e · All other expenses
total $1,023,336 · management and general $865,971 · fundraising $157,365
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $27,965,645 · end of year $41,027,602
-
4 · Accounts receivable
beginning of year $7,840,582 · end of year $7,060,661
-
8 · Inventories for sale or use
beginning of year $207,758 · end of year $371,442
-
9 · Prepaid expenses and deferred charges
beginning of year $417,400 · end of year $22,161,694
-
11 · Investments: publicly traded securities
beginning of year $22,447,223 · end of year $27,660,272
-
12 · Investments: other securities
beginning of year $20,664,215 · end of year $26,967,524
-
17 · Accounts payable and accrued expenses
beginning of year $23,367,822 · end of year $4,636,164
-
18 · Grants payable
beginning of year $20,422,831 · end of year $29,950,263
-
19 · Deferred revenue
beginning of year $59,700 · end of year $25,254,182
-
25 · Other liabilities
beginning of year $19,916,068 · end of year $19,916,067
-
27 · Net assets without donor restrictions
beginning of year -$30,157,722 · end of year -$37,408,648
-
28 · Net assets with donor restrictions
beginning of year $45,934,124 · end of year $82,901,167
Mission and programs · 2025
Mission
TO GENERATE PHILANTHROPIC SUPPORT FOR THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC).
Activities or mission (Part I)
TO GENERATE PHILANTHROPIC SUPPORT FOR THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE
-
THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION (USOPF) GENERATES PHILANTHROPIC SUPPORT TO ADVANCE THE MISSION OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC). USOPF SECURES CHARITABLE CONTRIBUTIONS AND GRANTS 100% OF FUNDS RAISED TO THE USOPC. THESE FUNDS SUPPORT PROGRAMS IMPACTING ATHLETE EXCELLENCE AND WELL-BEING, SPORT ADVANCEMENT, AND COMMUNITY GROWTH.
Expenses $65,368,939 · Grants $65,368,939
-
USOPF IN PARTNERSHIP WITH 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.
Expenses $848,861
As filed on the 2025 return.
Listed in Part VII
-
SARAH C HIRSHLAND
EX-OFFICIO AS CEO OF USOPC
- Total calculated
- $1,437,552
- From this org
- $0
- From related orgs
- $1,395,574
- Other
- $41,978
- Hours/week
- 11 + 44 related
Schedule J breakdown matched by us
- Base
- $0 + $899,452 related
- Bonus
- $0 + $470,000 related
- Other
- $0 + $26,122 related
- Deferred
- $0 + $17,500 related
- Nontaxable benefits
- $0 + $24,478 related
- Filer's total
- $0 + $1,437,552 related
-
GEOFF YANG
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
MICHAEL CARTER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
MIKE ERYN BINGLE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARY MARK STEVENS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
DWIGHT ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MATTHEW BARGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TRACY EDWARD BENFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MOLLY ROBERT COHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GAYLA KEVIN COMPTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
PHILIP H CORBOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ALLI BYRON DEETER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ANDIE DOYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JACQUELINE CHRISTIAN ERDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOANIE HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARK HANCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LAURI HUGHES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ALLEGRA MARTIN KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ERICA JEFF KESWIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JULIE GARY KILLIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DR BARBARA KLOCK SALEM SHUCHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ROBIN COURT LORENZINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LYNDA JOHN MARREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOY THOMAS M MISTELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARI NAKACHI DANIEL SIMKOWITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KEVIN ERICA PENN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GREG PENNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHAEL POLSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DAVID POMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
BRAD TRACEY POWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LAWRENCE PROBST III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARIE JOHN QUEEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHAEL RAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GARY YUCCA RIESCHEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHNATHAN ROBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MINDY JESSE ROGERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LISA DMITRI SHKLOVSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CINDY JOHN SMET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GENE SYKES
EX-OFFICIO AS USOPC BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 5 + 24 related
-
DR SHEILA OHLSSON WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LORI MARTIN WEINSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOANNA WELSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KARL ZEILE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTINE V WALSHE
PRESIDENT
- Total calculated
- $530,015
- From this org
- $0
- From related orgs
- $511,322
- Other
- $18,693
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $369,432 related
- Bonus
- $0 + $117,771 related
- Other
- $0 + $24,119 related
- Deferred
- $0 + $17,500 related
- Nontaxable benefits
- $0 + $1,193 related
- Filer's total
- $0 + $530,015 related
-
CHRISTIN MCMANUS
TREASURER
- Total calculated
- $348,087
- From this org
- $0
- From related orgs
- $309,676
- Other
- $38,411
- Hours/week
- 11 + 44 related
Schedule J breakdown matched by us
- Base
- $0 + $221,337 related
- Bonus
- $0 + $63,775 related
- Other
- $0 + $24,564 related
- Deferred
- $0 + $12,810 related
- Nontaxable benefits
- $0 + $25,601 related
- Filer's total
- $0 + $348,087 related
-
KATHERINE DESTEFANO
FORMER SECRETARY (THRU 06/25)
- Total calculated
- $173,498
- From this org
- $0
- From related orgs
- $161,559
- Other
- $11,939
- Hours/week
- 15 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $75,742 related
- Bonus
- $0 + $50,507 related
- Other
- $0 + $35,310 related
- Deferred
- $0 + $5,114 related
- Nontaxable benefits
- $0 + $6,825 related
- Filer's total
- $0 + $173,498 related
-
NELLIE VINER
SECRETARY
- Total calculated
- $224,679
- From this org
- $0
- From related orgs
- $190,018
- Other
- $34,661
- Hours/week
- 15 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $158,216 related
- Bonus
- $0 + $31,595 related
- Other
- $0 + $207 related
- Deferred
- $0 + $8,253 related
- Nontaxable benefits
- $0 + $26,408 related
- Filer's total
- $0 + $224,679 related
-
CHRISTOPHER MCCLEARY
FORMER SECRETARY
- Total calculated
- $569,174
- From this org
- $0
- From related orgs
- $522,918
- Other
- $46,256
- Hours/week
- 0 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $348,998 related
- Bonus
- $0 + $145,006 related
- Other
- $0 + $28,914 related
- Deferred
- $0 + $17,499 related
- Nontaxable benefits
- $0 + $28,757 related
- Filer's total
- $0 + $569,174 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
UNITED STATES OLYMPIC & PARALYMPIC COMMITTEE
$65,368,939
PROGRAM SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
US OLYMPIC & PARALYMPIC COMMITTEE
501(C)(3) · ATH. SUPPORT · CO
-
UNITED STATES OLYMPIC & PARALYMPIC ENDOWMENT
501(C)(3) · ENDOWMENT · CO
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST (1)
T · TRUST · CO · 100% owned · share of income $4,005 · share of assets $157,719 · controlled entity
Directly controlled by USOPF
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 10 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202611949349300216
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