2025-06-23T14:29:47-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 800939841 UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION UNIT 7196325551 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 CHRISTIN MCMANUS TREASURER 7196325551 2025-06-23 1 0 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z CHRISTIN MCMANUS 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 122778698 0 X WWW.USOPC.ORG X 2013 CO TO GENERATE PHILANTHROPIC SUPPORT FOR THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE. 37 36 0 264 0 0 47605970 66674036 0 0 1223261 2864166 -34366 -3546427 48794865 65991775 24587502 45317347 0 0 0 0 885039 1103706 14233876 13432978 17250297 38905519 63671350 9889346 2320425 88280136 79542823 76957387 63766421 11322749 15776402 TO GENERATE PHILANTHROPIC SUPPORT FOR THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC). THE USOPC'S MISSION IS: EMPOWERING THE COMPETITIVE EXCELLENCE AND WELL-BEING OF TEAM USA ATHLETES, CHAMPIONING THE POWER OF SPORT, AND INSPIRING THE NATION. 0 0 45317347 45317347 0 THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION (USOPF OR FOUNDATION) GENERATES PHILANTHROPIC SUPPORT TO ADVANCE THE MISSION OF THE USOPC. THE FOUNDATION 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. 997881 0 0 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. 46315228 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 1 0 1 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 37 36 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WV WI X X CHRISTIN MCMANUS 7196325551 1 OLYMPIC PLAZA COLORADO SPRINGS CO 809095746 SARAH C HIRSHLAND EX-OFFICIO AS CEO OF USOPC 11.00 44.00 X 0 1252480 39118 GEOFF YANG CHAIR 5.00 0.00 X X 0 0 0 MICHAEL CARTER VICE CHAIR 0.50 0.00 X X 0 0 0 ERYN MICHAEL BINGLE VICE CHAIR 0.50 0.00 X X 0 0 0 MARK MARY STEVENS VICE CHAIR 0.50 0.00 X X 0 0 0 DWIGHT W ANDERSON DIRECTOR 0.50 0.00 X 0 0 0 MATTHEW BARGER DIRECTOR 0.50 0.00 X 0 0 0 TRACEY EDWARD BENFORD DIRECTOR 0.50 0.00 X 0 0 0 ROBERT L MOLLY COHEN DIRECTOR 0.50 0.00 X 0 0 0 PHILIP CORBOY DIRECTOR 0.50 0.00 X 0 0 0 GORDON CRAWFORD DIRECTOR EMERITUS 0.50 0.00 X 0 0 0 ALLI BYRON DEETER DIRECTOR 0.50 0.00 X 0 0 0 ANDIE DOYLE DIRECTOR 0.50 0.00 X 0 0 0 JACQUELINE CHRISTIAN ERDMAN DIRECTOR 0.50 0.00 X 0 0 0 JOANIE HALL MICHAEL RAY DIRECTOR 0.50 0.00 X 0 0 0 LAURI HUGHES DIRECTOR 0.50 0.00 X 0 0 0 JULIE GARY KILLIAN DIRECTOR 0.50 0.00 X 0 0 0 ROBIN COURT LORENZINI DIRECTOR 0.50 0.00 X 0 0 0 JOHN W LYNDA MARREN DIRECTOR 0.50 0.00 X 0 0 0 THOMAS M JOY A MISTELE DIRECTOR 0.50 0.00 X 0 0 0 MARI NAKACHI DANIEL SIMKOWITZ DIRECTOR 0.50 0.00 X 0 0 0 KEVIN ERICA PENN DIRECTOR 0.50 0.00 X 0 0 0 GREG PENNER DIRECTOR (AS OF 01/2024) 0.50 0.00 X 0 0 0 BRAD TRACEY POWELL DIRECTOR 0.50 0.00 X 0 0 0 LAWRENCE PROBST III DIRECTOR 0.50 0.00 X 0 0 0 MARIE JOHN QUEEN DIRECTOR 0.50 0.00 X 0 0 0 GARY E YUCCA RIESCHEL DIRECTOR 0.50 0.00 X 0 0 0 JOHNATHAN ROBERTSON DIRECTOR 0.50 0.00 X 0 0 0 MINDY JESSE ROGERS DIRECTOR (AS OF 01/2024) 0.50 0.00 X 0 0 0 DMITRI LISA SHKLOVSKY DIRECTOR 0.50 0.00 X 0 0 0 SALEM SHUCHMAN DIRECTOR (AS OF 01/2024) 0.50 0.00 X 0 0 0 CINDY JOHN SMET DIRECTOR 0.50 0.00 X 0 0 0 GENE SYKES EX-OFFICIO 5.00 24.00 X 0 0 0 SHEILA OHLSSON WALKER WILLY WALKER, DIRECTOR 0.50 0.00 X 0 0 0 LORI MARTIN WEINSTEIN DIRECTOR 0.50 0.00 X 0 0 0 JOANNA WELSH DIRECTOR (AS OF 01/2024) 0.50 0.00 X 0 0 0 KARL ZEILE DIRECTOR (AS OF 01/2024) 0.50 0.00 X 0 0 0 CHRISTINE V WALSHE PRESIDENT 55.00 0.00 X 0 491500 18698 KATHERINE DESTEFANO SECRETARY 15.00 35.00 X 0 234477 22364 CHRISTIN MCMANUS TREASURER 11.00 44.00 X 0 292613 39169 CHRISTOPHER MCCLEARY FORMER SECRETARY 0.00 55.00 X 0 599951 45278 0 2871021 164627 0 1 1 0 US OLYMPIC & PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 MANAGEMENT FEES 7924761 ON LOCATION EXPERENCIES 245 FIFTH AVENUE NEW YORK NY 10020 HOSPITALITY SERVICES 6407582 PRODUCTION SOLUTIONS INC 1953 GALLOWS RD STE 500 VIENNA VA 22182 PRINTING SERVICES 1208654 META PLATFORMS INC 1 META WAY MENLO PARK CA 94025 ANNUAL FUND ADVERTISING 466031 MOORE A SERIES LLC 4200 PARLIAMENT PLACE 3RD FLOOR LANHAM MD 20706 FUNDRAISING SERVICES 319646 9 71187 14610718 51992131 6818500 66674036 2801271 2801271 3832 3832 6751029 6688134 62895 62895 62895 46533082 71187 50081678 -3548596 -3548596 15448 17111 -1663 -1663 65991775 0 0 -682261 45317347 45317347 7924761 2358769 5565992 7160 7160 1103706 1103706 1061599 85713 975886 673116 673116 304425 45634 258791 221463 25964 195499 1802562 309418 1493144 1579062 172053 1407009 5515 3284 2231 997881 997881 POSTAGE AND PRINTING 2344539 2344539 EVENT EXPENSES 175809 76858 98951 152405 37393 115012 63671350 46315228 3122246 14233876 20825553 27965645 3303854 7840582 63870 207758 34628622 417400 14428856 22447223 14912379 20664215 117002 0 88280136 79542823 6772378 23367822 20809672 20422831 23308130 59700 26067207 19916068 76957387 63766421 X -37554294 -30157722 48877043 45934124 11322749 15776402 88280136 79542823 2320425 2133228 0 X 0 1 X 1 0 X 39601456 50071859 41446634 47605969 66674036 245399954 39601456 50071859 41446634 47605969 66674036 245399954 245399954 1869945 2611498 687502 1228199 2805103 9202247 9558 1569573 856767 6630 46548530 48991058 303593259 0.80830 0.95030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT INCOME - 2020 AMOUNT: $ 9,558. 2021 AMOUNT: $ 48,817. 2022 AMOUNT: $ 856,767. 2023 AMOUNT: $ 6,630. 2024 AMOUNT: $ 0. OTHER REVENUE FOR HOSPITALITY PROGRAM - 2021 AMOUNT: $ 1,520,756. 2024 AMOUNT: $ 46,533,082. SALES INCOME - 2024 AMOUNT: $ 15,448. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 48877043 23198437 3001324 29142681 45934123 40162370 19387563 2883032 13555921 48877043 36396671 16896981 -3952172 9179110 40162370 24544757 14037130 4036802 6222018 36396671 12930573 23396356 2970543 14752715 24544757 0.00000 0.54740 0.45260 0 1 1 0 ALTERNATIVE SECURITIES 20664215 F 20664215 LA28 GRANT PAYABLE 19916068 19916068 X PART III, LINE 4: THE USOPF, ON BEHALF OF THE USOPC, ACCEPTS DONATIONS OF HISTORICAL OLYMPIC TORCHES, OLYMPIC AND PARALYMPIC MEDALS AND OTHER OLYMPIC AND PARALYMPIC ARTIFACTS, WHICH HELP PRESERVE THE HISTORY OF THE OLYMPIC AND PARALYMPIC MOVEMENT IN THE UNITED STATES. PART V, LINE 4: ENDOWMENT THE ENDOWMENT FUNDS ARE HELD BY THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT, AN INDEPENDENT NONPROFIT CORPORATION, AND ARE USED TO SUPPORT THE USOPC IN FURTHERING SUPPORT OF TEAM USA ATHLETES. PART X, LINE 2: FIN 48 (ASC) FOOTNOTE THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME FROM ACTIVITIES RELATED TO ITS EXEMPT PURPOSE UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) OF THE IRC AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). THE FOUNDATION IS ALSO A PUBLIC CHARITY UNDER IRC SECTION 509(A). THE FOUNDATION DID NOT HAVE MATERIAL AMOUNTS OF UNRELATED BUSINESS TAXABLE INCOME DURING THE YEAR ENDED DECEMBER 31, 2024. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE-LIKELY-THAN-NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING N/A 50054750 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 FUNDRAISING N/A 14161 MIDDLE EAST AND NORTH AFRICA 0 0 FUNDRAISING N/A 1600 0 0 0 0 0 0 50070511 0 50070511 0 0 0 0 0 0 X X X X X X 1 RON ORR 3760 FRANKLIN AVE LOS ANGELES CA 90027 FUNDRAISING SOLICITATION 0 100000 33500 0 MOORE A SERIES LLC 4200 PARLIMENT PLACE 3RD FLOOR LANHAM MD 20706 MASS MARKET FUNDRAISING SERVICES 0 0 319646 0 DONOR VOICE 11710 PLAZA AMERICA RESTON VA 20190 MASS MARKET FUNDRAISING SERVICES 0 0 313129 0 SOCIAL CAPITAL ONE WORLD TRADE CENTER NEW YORK NY 10007 FUNDRAISING STRATEGY 0 0 280899 0 FORWARD PMX ONE WORLD TRADE CENTER 67TH FLOOR NEW YORK NY 10007 MASS MARKET FUNDRAISING SERVICES 0 0 201378 0 THE STELTER COMPANY PO BOX 5228 DES MOINES IA 50305 PLANNED GIVING STRATEGY 0 0 135730 0 NEWERASPORTS 209 ROCKYWALL COURT DURHAM NC 27713 FUNDRAISING STRATEGY 0 0 5000 0 MICHELE DOLE 13359 SILVERSTONE DR FISHERS IN 46037 PLANNED GIVING STRATEGY 0 0 5000 0 WILAND INC 7420 EAST DRY CREEK PARKWAY NIWOT CO 80503 MASS MARKET FUNDRAISING SERVICES 0 0 9531 0 100000 1303813 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WI WV WY GAMES HOSPITALITY 46389600 46389600 49901388 TRIALS HOSPITALITY 108459 19300 89159 106154 2 106210 51887 54323 74136 46604269 71187 46533082 50081678 50081678 -3548596 PART I, LINE 2B, COLUMN IV ANNUAL FUND REVENUE MOORE, DONOR VOICE, FORWARD PMX, AND WILAND ASSIST WITH THE OVERALL ORGANIZATION AND STRATEGY OF USOPF'S ANNUAL FUND. AS A RESULT, GROSS RECEIPTS FROM THE ACTIVITY ARE NOT ALLOCATED TO EACH PROFESSIONAL FUNDRAISING SERVICE. IN 2024, REVENUE FOR THE ANNUAL FUND TOTALED $4,368,142. PART II, LINE 1, COLUMNS A & B: AS PART OF ONGING OPERATIONS, THE USOPF DEVELOPS A HOSPITALITY PROGRAM ANCHORED AROUND EACH OLYMPIC GAMES. IN 2024, THE USOPF'S PARIS DONOR HOSPITALITY PROGRAM SERVED AS OUR PREMIER STEWARDSHIP EXPERIENCE, CURATING HIGH-IMPACT OLYMPIC PROGRAMMING FOR DONORS THROUGH THOUGHTFULLY DESIGNED ENGAGEMENTS WITH TEAM USA ATHLETES, ATTENDANCE AT COMPETITION EVENTS, AND CULTURAL PROGRAMMING. THE INITIATIVE DEEPENED DONOR CONNECTION TO THE MISSION AND INSPIRED CONTINUED PHILANTHROPIC SUPPORT. THE PROGRAM ALSO REINFORCED USOPF'S ROLE AS A TRUSTED STEWARD OF DONOR EXPERIENCE ALIGNED WITH OLYMPIC AND PARALYMPIC VALUES. 1 UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 501(C)(3) 45317347 0 PROGRAM SUPPORT 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS 100% OF DONOR CONTRIBUTIONS RECEIVED BY THE USOPF ARE GRANTED TO THE USOPC FOR ATHLETE RELATED PROGRAMS OR INITIATVES. THE USOPF GRANTS RESTRICTED GRANTS TO THE USOPC UPON CASH RECEIPT OF A RESTRICTED GIFT. THE USOPC RELEASES FUNDS ONCE IT HAS SUBSTANTIATED THAT ANY DONOR IMPOSED RESTRICTIONS ON THE CONTRIBUTIONS HAVE BEEN SATISFIED BY THE USOPC. 0 0 0 0 0 0 0 0 0 SARAH C HIRSHLAND EX-OFFICIO AS CEO OF USOPC 0 802770 0 425000 0 24710 0 17250 0 21868 0 1291598 0 0 CHRISTOPHER MCCLEARY FORMER SECRETARY 0 463622 0 136329 0 0 0 17250 0 28028 0 645229 0 0 CHRISTINE V WALSHE PRESIDENT 0 358485 0 109416 0 23599 0 17250 0 1448 0 510198 0 0 CHRISTIN MCMANUS TREASURER 0 215440 0 53654 0 23519 0 12435 0 26734 0 331782 0 0 KATHERINE DESTEFANO SECRETARY 0 190745 0 43574 0 158 0 9800 0 12564 0 256841 0 0 PART I, LINE 3 THE PRESIDENT OF THE USOPF IS AN EMPLOYEE OF THE USOPC, SERVING AS ITS CHIEF DEVELOPMENT OFFICER, AND IS SUBJECT TO THE SAME COMPENSATION ANALYSIS AND APPROVAL PROCESS AS ALL OTHER USOPC KEY EMPLOYEES. THE USOPF BOARD OF DIRECTORS DOES NOT DIRECTLY CONDUCT THE PROCESS FOR DETERMINING APPROPRIATE COMPENSATION OF THE PRESIDENT. THE USOPC PROCESS INCLUDES, BUT IS NOT LIMITED TO, UTILIZING NATIONALLY AND REGIONALLY AVAILABLE INDEPENDENT SALARY SURVEY DATA AND ECONOMIC CONDITIONS DATA TO ESTABLISH THE SALARY RANGE FOR THE POSITION. FINAL DETERMINATION OF THE SALARY RANGE MAY ALSO TAKE INTO ACCOUNT AVAILABLE DATA REGARDING SALARIES PAID FOR SIMILAR JOBS IN THE MARKETPLACE AS WELL AS INTERNAL EQUITY CONSIDERATIONS. THE COMPENSATION AMOUNTS AND POLICIES ARE PRESENTED TO AN INDEPENDENT COMPENSATION COMMITTEE OF THE USOPC BOARD OF DIRECTORS AND MANAGEMENT FOR APPROVAL. X 31 6751029 FMV X 6 0 FMV X AUCTION ITEMS 13 48171 FMV X TRIAL HOSPITALITY TICKETS 128 19300 FMV 0 1 1 PART I, COLUMN (B): THE NUMBER LISTED IN PART I, COLUMN (B) REFLECTS NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE FOUNDATION HAS RETAINED THE SERVICES OF MERRILL LYNCH TO SELL THE SECURITIES IT RECEIVES AS CONTRIBUTIONS. SCHEDULE M, LINE 33: PER ASC 958-360-25-3, THE COLLECTIBLES REPORTED ON PART I, LINE 18 ARE NOT VALUED. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE PURSUANT TO ITS BYLAWS, THE FOUNDATION HAS AN EXECUTIVE COMMITTEE THAT CONSISTS OF AT LEAST THREE (3) AND NO MORE THAN ELEVEN (11) MEMBERS OF THE BOARD OF DIRECTORS, WITH ALL SUCH COMMITTEE MEMBERS APPOINTED ANNUALLY BY THE BOARD CHAIR WITH THE APPROVAL OF THE USOPC, AS SOLE CORPORATE MEMBER; PROVIDED THAT AT ALL TIMES THE BOARD CHAIR, THE USOPC CEO, AND THE USOPC CHAIR ARE EACH ONE OF THE APPOINTEES SERVING ON SUCH COMMITTEE. THE PRESIDENT OF THE FOUNDATION SERVES AS STAFF LIAISON TO THE EXECUTIVE COMMITTEE, PARTICIPATING IN ALL EXECUTIVE COMMITTEE MEETINGS, BUT HAS NO VOTING RIGHTS AND DOES NOT COUNT TOWARDS ANY QUORUM REQUIREMENTS. WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS, EXCEPT TO THE EXTENT, IF ANY, THAT SUCH AUTHORITY IS LIMITED BY THE FOUNDATION'S BYLAWS OR BY RESOLUTION OF THE ENTIRE BOARD OF DIRECTORS (APPROVED BY THE MEMBER). NOTWITHSTANDING THE FOREGOING OR ANYTHING TO THE CONTRARY, NEITHER THE EXECUTIVE COMMITTEE NOR ANY OTHER COMMITTEE HAS THE POWER TO AMEND THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE FOUNDATION, ALTER ANY RESTRICTION IMPOSED ON GRANT FUNDS WITHIN SECTION 3.1 OF THE BYLAWS, OR TO FILL VACANCIES ON THE FOUNDATION BOARD OTHER THAN THROUGH THE PROCESS SET OUT IN SECTION 3.2(B) OF THE BYLAWS, OR TO REMOVE ANY MEMBERS OF THE FOUNDATION BOARD, OR TO CREATE ANY FOUNDATION BOARD COMMITTEES. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT AGREEMENT THE USOPF HAS ENTERED INTO A SERVICE AGREEMENT WITH THE USOPC, A RELATED PARTY, WHEREBY CERTAIN SERVICES ARE PROVIDED BY THE USOPC. THESE INCLUDE MANAGEMENT SERVICES OF THE USOPC CEO, CFO AND OTHER MANAGEMENT. SEE SCHEDULE R FOR MORE DETAILS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS THE USOPF HAS ONE CLASS OF MEMBERSHIP, WHICH HAS VOTING RIGHTS OF AND CONSISTS OF ONE CORPORATE MEMBER, THE USOPC. FORM 990, PART VI, SECTION A, LINE 7A POWER TO APPOINT THE USOPF BOARD REVIEWS POTENTIAL CANDIDATES FOR MEMBERSHIP TO THE BOARD AS RECOMMENDED BY THE NOMINATING & GOVERNANCE COMMITTEE. THE CHAIR OF THE NOMINATING & GOVERNANCE COMMITTEE SHARES THE FOLLOWING CANDIDATE INFORMATION IN WRITING TO THE FULL BOARD FOR THE BOARD'S CONSIDERATION: (I) THE NAMES OF THE INDIVIDUALS BEING CONSIDERED; (II) THE REASONS THE INDIVIDUALS' NOMINATIONS TO THE BOARD ARE BEING SUPPORTED; (III) THE PROPOSED COMMENCEMENT OF SUCH DIRECTORS' TERMS ON THE BOARD; AND, (IV) ANY OTHER INFORMATION THE NOMINATING & GOVERANCE COMMITTEE CONSIDERS TO BE PERTINENT TO THE NOMINATIONS. DIRECTORS OF THE FOUNDATION BOARD HAVE SEVEN DAYS TO OBJECT TO ANY SUCH NOMINATIONS. ANY NOMINATIONS FORWARDED BY THE NOMINATING & GOVERNANCE COMMITTEE ARE DEEMED APPROVED BY THE FOUNDATION BOARD, AND THEREBY ELECTED, AS LONG AS NO MORE THAN TEN MEMBERS OF THE BOARD OBJECT TO ANY SUCH NOMINATION IN WRITING. NOTWITHSTANDING THE FORGOING, NO ELECTION OF AN INDIVIDUAL TO THE BOARD IS EFFECTIVE UNLESS AND UNTIL APPROVED BY THE USOPC. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS USOPF BOARD MEMBERS HAVE THE SAME VOTING RIGHTS. ALL BOARD MEMBERS HAVE A SINGLE VOTE. HOUSEHOLD BOARD MEMBERS, THAT IS INDIVIDUALS OR SPOUSES ACTING IN CONCERT, HAVE ONLY ONE VOTE PER HOUSEHOLD. HOWEVER, THE USOPC, AS THE SOLE MEMBER OF THE USOPF, HAS APPROVAL AUTHORITY FOR MOST ACTIONS THAT THE BOARD CAN TAKE BY VOTE. THIS AUTHORITY INCLUDES DUTIES SUCH AS APPOINTMENT OF COMMITTEE MEMBERS AND ELECTION OF NEW BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE FINANCE COMMITTEE OF THE USOPF IS CHARGED WITH OVERSEEING THE ACCOUNTING AND FINANCIAL REPORTING PROCESSES OF THE FOUNDATION, WHICH INCLUDES THE REVIEW OF THE FOUNDATION'S FINANCIAL STATEMENTS. THE FINANCE COMMITTEE HAS BEEN PROVIDED WITH A COMPLETE COPY OF THE FORM 990 AND THE OPPORTUNITY TO DISCUSS ISSUES OR CONCERNS WITH THE FINANCE COMMITTEE CHAIR AND TREASURER OF THE FOUNDATION PRIOR TO SUBMISSION. THE TREASURER AND CHAIR OF THE FINANCE COMMITTEE PROVIDE THE OPPORTUNITY FOR THE USOPF'S BOARD MEMEBERS TO MEET OR CONDUCT TELEPHONE CONFERENCES WITH THEM TO ADDRESS ANY QUESTIONS OR CONCERNS. THE TREASURER WILL TAKE IMMEDIATE ACTION TO ADDRESS ANY OUTSTANDING MATTERS PRIOR TO FILING THAT MAY RESULT FROM THE FINANCE COMMITTEE REVIEW AND FULL BOARD REVIEW. THE FINANCE COMMITTEE FORMALLY ENDORSES THE COMPLETE 990 FOR FINAL APPROVAL BY THE USOPC BOARD PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE USOPF REQUIRES OFFICERS AND BOARD MEMBERS TO BIANNUALLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST THROUGH A VOLUNTARY DISCLOSURE PROCESS. ANY POTENTIAL CONFLICTS REPORTED BY BOARD MEMBERS OR OFFICERS ARE REVIEWED BY THE CHIEF ETHICS & COMPLIANCE OFFICER OF THE USOPC OR HER DESIGNEE, IN CONSULATION WITH THE USOPF PRESIDENT AND USOPF SECRETARY AS NECESSARY. DISCLOSURES THAT GIVE RISE TO ACTUAL CONFLICTS ARE COMMUNICATED TO THE DISCLOSING MEMBER. ANY CONFLICTS ARE HANDLED PRIVATELY AND INDIVIDUALLY AND MAY INCLUDE BROADER DISCLOSURE OF THE CONFLICT TO THE BOARD, SPECIFICALLY IF IT RELATES TO A FINANCIAL INTEREST. THIS CREATES A FIREWALL REGARDING ISSUES ON WHICH THE BOARD MEMBER IS CONFLICTED AND ANY POTENTIAL REQUEST OF RESIGNATION OR OTHER SUCH REMEDIES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION THE USOPF DOES NOT HAVE EMPLOYEES. COMPENSATION IS SET BY THE USOPC AND THEREFORE THE USOPF UTILIZES THE COMPENSATION SETTING POLICIES OF THE USOPC. COMPENSATION SETTING PRACTICES INCLUDE ENGAGING EXTERNAL CONSULTANTS TO PROVIDE COMPARABLE MARKET DATA FROM INDEPENDENT SALARY SURVEY DATA. DECISIONS ABOUT COMPENSATION ARE MADE BY THE COMPENSATION COMMITTEE OF THE USOPC BOARD OF DIRECTORS IN STRICT ACCORDANCE WITH THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE THE USOPF'S GOVERNANCE DOCUMENTS AND FINANCIAL STATEMENTS ARE ALL AVAILABLE ON THE USOPF'S WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE TO THE EXTENT REQUIRED BY LAW. US OLYMPIC & PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 ATH. SUPPORT CO 501(C)(3) LINE 7 N/A 0 UNITED STATES OLYMPIC & PARALYMPIC ENDOWMENT 1631 MESA AVENUE SUITE A COLORADO SPRINGS CO 80906 742327838 ENDOWMENT CO 501(C)(3) LINE 12A, I N/A 0 CHARITABLE REMAINDER TRUST (1) 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 TRUST CO USOPF T 4005 143016 1.00000 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 SCHEDULE R, PART II THE USOPF HAS ENTERED INTO A SERVICE AGREEMENT WITH THE USOPC, A RELATED PARTY, FOR THE PURPOSES OF OBTAINING THE USE OF CERTAIN SERVICES, PERSONNEL, ASSETS AND FACILITIES, AND THE LIMITED RIGHT TO LICENSE AND USE CERTAIN INTELLECTUAL PROPERTY OF THE USOPC, TO ASSIST AND/OR FACILITATE THE USOPF IN THE PERFORMANCE OF ITS FUNDRAISING MISSION. THE USOPC PROVIDED A GRANT TO THE USOPF TO UNDERWRITE THE USOPF'S GENERAL, ADMINISTRATIVE AND FUNDRAISING EXPENSES.