2025-11-10T15:44:43-06:00 2024-12-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-01-01 742327838 THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT UNIT 7196333234 1631 MESA AVENUE SUITE A COLORADO SPRINGS CO 80906 ALEJANDRO LUGO EXECUTIVE VP/COO 7196333234 2025-11-10 1 1 ASHLEY PEABODY P01385870 5055022746 2025-11-10 2024 2025-03-06 01:10:19Z ALEJANDRO LUGO 1631 MESA AVENUE SUITE A COLORADO SPRINGS CO 80906 16877208 0 X WWW.USOPE84.ORG X 1984 CO PROVIDE FINANCIAL SUPPORT TO THE US OLYMPIC AND PARALYMPIC COMMITTEE AND ITS MEMBER ORGANIZATIONS. 12 11 3 14 -336945 0 8850 4843 0 0 5771772 10867501 0 0 5780622 10872344 11962839 11847204 0 0 297132 279206 0 0 0 1102355 1190075 13362326 13316485 -7581704 -2444141 678220757 702367979 448995622 459005848 229225135 243362131 X THE ENDOWMENT PROVIDES A PERMANENT ENDOWMENT TO FOSTER THE UNITED STATES OF AMERICA'S PARTICIPATION IN NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION. THIS IS DONE THROUGH DIRECT SUPPORT OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE THAT, IN TURN, REGULATES AND SUPPORTS MEMBER SPORTS ORGANIZATIONS THAT DEVELOP AMATEUR ATHLETES FOR NATIONAL AND INTERNATIONAL COMPETITION. 0 0 11847204 11847204 THE ENDOWMENT BOARD OF DIRECTORS AUTHORIZED A GRANT TO THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE IN DECEMBER 2024 IN THE AMOUNT OF $11,847,204. IN ADDITION TO SUPPORTING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (COMMITTEE), THE ENDOWMENT PROVIDES SUPPORT TO SECTION 501(C)(3) PUBLIC CHARITY SPORTS ORGANIZATIONS THAT ARE MEMBERS OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE AND HOLDS AND INVESTS THEIR FUNDS SOLELY AS AGENT IN FURTHERANCE OF THE ENDOWMENT'S SUPPORT TO THE COMMITTEE. 11847204 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 3 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X ALEJANDRO LUGO 7196333234 1631 MESA AVENUE COLORADO SPRINGS CO 80906 SARAH HIRSHLAND USOPC CEO 1.00 54.00 X 0 1252480 39118 WILLIAM J HYBL CHAIR 2.00 X X 0 0 0 RICH BENDER VICE CHAIR 1.00 X X 0 0 0 RICHARD SCHLOSBERG TREASURER (PART YEAR) 1.00 X X 0 0 0 SUSANNE LYONS TREASURER 1.00 X X 0 0 0 AMANDA BANTA SECRETARY 1.00 X X 0 0 0 GENE T SYKES USOPC BOARD CHAIR 1.00 24.00 X 0 0 0 CARISSA GORDON-GUMP DIRECTOR 1.00 X 0 0 0 GABRIEL GARDNER DIRECTOR 1.00 X 0 0 0 JEFF BUTLER DIRECTOR 1.00 X 0 0 0 PATRICK KELLEHER DIRECTOR 1.00 X 0 0 0 R THAYER TUTT DIRECTOR 1.00 X 0 0 0 JOHN A MACCOLL DIRECTOR 1.00 X 0 0 0 ALEJANDRO LUGO EVP/COO 32.00 X 136555 0 13656 DANA KUHLMAN EXEC. ADMIN./ASST. SECRETARY 40.00 X 66767 0 6666 KAREN KNAPP EXEC. ADMIN./ASST. SECRETARY 40.00 X 18700 0 1870 222022 1252480 61310 1 0 1 0 WILLIAM BLAIR 150 NORTH RIVERSIDE PLAZA CHICAGO IL 60606 INVESTMENT MANAGEMENT 152725 1 4843 4843 3302670 -336945 3639615 13569695 6004864 7564831 7564831 7564831 10872344 0 -336945 11204446 11847204 11847204 246578 246578 4925 4925 10528 10528 17175 17175 21493 21493 62375 62375 929170 929170 5379 5379 12265 12265 30423 30423 91752 91752 5190 5190 30441 30441 UBIT 1587 1587 13316485 11847204 1469281 0 49235 158722 21061 17776 27498 18464 14224 9034 253847833 325473815 422930451 375244839 1357953 1463793 678220757 702367979 162924 187857 11962839 11847204 436646349 446708435 223510 262352 448995622 459005848 X 229225135 243362131 229225135 243362131 678220757 702367979 -2444141 16581137 0 X 0 1 X 1 0 X X 1 UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE 131548339 7 1 11847204 0 1 11847204 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 SCHEDULE A, PART IV, SECTION B, LINE 1 SIX MEMBERS ARE APPOINTED AS DIRECTORS BY THE USOPC (SUPPORTED ORGANIZATION). IN ADDITION, THE CEO AND THE CHAIR OF THE USOPC SERVE AS DIRECTORS. THE USOPC CAN DISSOLVE THE USOPE UPON THE APPROVAL OF TWO-THIRDS OF THE VOTES CAST AT TWO SUCCESSIVE REGULARLY CALLED MEETINGS OF THE USOPC BOARD OF DIRECTORS AT WHICH A QUORUM IS PRESENT. SCHEDULE A, PART IV, SECTION B, LINE 2 IN ADDITION TO SUPPORTING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE ("COMMITTEE"), THE ENDOWMENT PROVIDES SUPPORT TO SECTION 501(C)(3) PUBLIC CHARITY SPORTS ORGANIZATIONS THAT ARE MEMBERS OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE AND HOLDS AND INVEST THEIR FUNDS SOLELY AS AGENT IN FURTHERANCE OF THE ENDOWMENT'S SUPPORT TO THE COMMITTEE. 0 1 X 112787300 4843 12291097 12291097 112792143 112778450 -12935787 12944637 112787300 112775854 15562620 -15560024 112778450 112775238 616 20497554 20497554 112775854 112774720 518 19185466 19185466 112775238 1.00000 0 0 9044 4041 5003 18454 14423 4031 9034 LIMITED PARTNERSHIPS 89733220 F REAL ESTATE FUND 20030100 F PRIVATE EQUITY FUND 61967533 F OTHER ALTERNATIVE INVESTMENTS 30940876 F U.S. TREASURIES 142633354 F CORPORATE BONDS 29939756 F 375244839 INVESTMENT SECURITIES PAYABLE 262352 262352 26538538 16581137 14227 16595364 9943174 929170 929170 10872344 12401542 14227 14227 12387315 929170 929170 13316485 PART IV, LINE 2B: THE ENDOWMENT HAS AN INVESTMENT PROGRAM, WHICH ALLOWS THE COMMITTEE AND ITS MEMBERS AND AFFILIATED SPORTS ORGANIZATIONS (THE PARTICIPANTS) TO POOL THEIR FUNDS FOR INVESTMENT WITH FUNDS OF THE ENDOWMENT. THE ENDOWMENT HOLDS THESE FUNDS SOLELY AS AGENT FOR THE PARTICIPANTS. THE PARTICIPANTS MAY REQUEST PARTIAL WITHDRAWALS (INCLUDING ALLOCATED GAINS AND INTEREST ONCE ALLOCATIONS ARE APPROVED) FOLLOWING A 30-DAY NOTIFICATION PERIOD. FULL OR LIQUIDATING WITHDRAWALS MAY BE PROCESSED FOLLOWING A 90-DAY NOTIFICATION PERIOD. PART V, LINE 4: THE ORGANIZATION'S ARTICLES OF INCORPORATION ESTABLISH A PERMANENT ENDOWMENT IN WHICH THE PRINCIPAL AND ANY SUBSEQUENT CONTRIBUTIONS ARE RESTRICTED AND MAINTAINED IN PERPETUITY; ONLY EARNINGS MAY BE USED TO SUPPORT OPERATIONS. FUNDS THAT THE ENDOWMENT HOLDS SOLELY AS AGENT FOR THE BENEFIT OF SPORTS ORGANIZATIONS CAN BE USED ONLY BY THOSE ORGANIZATIONS IN ACCORDANCE WITH THEIR SPENDING POLICIES. THE ENDOWMENT HAS NO CONTROL OR AUTHORITY OVER THESE FUNDS ONCE DISTRIBUTED TO THE SPORTS ORGANIZATIONS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 13041169 0 0 0 0 0 0 13041169 0 13041169 1 0 1 1 1 0 PART I, LINE 3: FOREIGN EXPENDITURES ARE ACCOUNTED FOR USING THE ACCRUAL METHOD OF ACCOUNTING. 1 UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 501(C)(3) 11847204 0 GENERAL SUPPORT 1 0 PART I, LINE 2: GRANTS ARE MADE TO THE SUPPORTED ORGANIZATION - THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE - AND THEY ARE PERMITTED TO USE THE GRANT IN ANY MANNER AS NEEDED THAT SUPPORTS THEIR CHARITABLE PURPOSE. 0 0 0 0 0 0 0 1 0 SARAH HIRSHLAND USOPC CEO 0 802770 0 425000 0 24710 0 17250 0 21868 0 1291598 0 0 ALEJANDRO LUGO EVP/COO 120750 0 15000 0 805 0 13656 0 0 0 150211 0 0 0 PART I, LINE 7 THE BOARD MADE NON-FIXED PAYMENTS TO OFFICERS EMPLOYED BY USOPE IN THE FORM OF DISCRETIONARY BONUSES. FORM 990, PART VI, SECTION A, LINE 2 SARAH HIRSHLAND, CEO - USOPC AND GENE SYKES, BOARD CHAIR - USOPC HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE'S (USOPC) BOARD CHAIR AND CHIEF EXECUTIVE OFFICER ARE AUTOMATICALLY ON THE ENDOWMENT'S BOARD. IN ADDITION, SIX OTHER MEMBERS ARE APPOINTED AS DIRECTORS BY THE USOPC (SUPPORTED ORGANIZATION) VIA THE FOLLOWING METHODOLOGY: TWO BOARD MEMBERS ARE APPOINTED BY THE USOPC'S NATIONAL GOVERNING BODIES COUNCIL (NGBC), THREE BOARD MEMBERS ARE APPOINTED BY THE USOPC'S TEAM USA ATHLETES' COMMISSION, AND ONE BOARD MEMBER IS APPOINTED JOINTLY BY USOPC'S TEAM USA ATHLETES' COMMISSION AND USOPC'S US OLYMPIANS & PARALYMPIANS ASSOCIATION (USOPA). FORM 990, PART VI, SECTION A, LINE 7B THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE'S (USOPC) BOARD MUST APPROVE AMENDMENTS TO THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS. DISSOLUTION OF USOPE LIKEWISE REQUIRES APPROVAL OF TWO-THIRDS OF THE VOTES CAST AT TWO SUCCESSIVE REGULARLY CALLED MEETINGS OF USOPC AT WHICH A QUORUM IS PRESENT OR UNANIMOUS WRITTEN CONSENT OF BOTH THE USOPE BOARD OF DIRECTORS AND USOPC BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY A INDEPENDENT CPA FIRM, REVIEWED INITIALLY BY THE ORGANIZATION'S EXECUTIVE VICE PRESIDENT/CHIEF OPERATING OFFICER, AND THEN DISTRIBUTED AND REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT-OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. THE EXECUTIVE VP/COO AND ASSISTANT SECRETARY REVIEW THE DISCLOSURES TO IDENTIFY ANY WITH CONFLICTS FOR BOARD REVIEW. IN THE EVENT A CONFLICT IS IDENTIFIED, THE BOARD REVIEWS AND DETERMINES IF A CONFLICT DOES EXIST. IN THE EVENT THAT A CONFLICT EXISTS, DIRECTORS ABSTAIN AND OFFICERS ARE PROHIBITED FROM PARTICIPATING IN THE DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO/TOP MANAGEMENT OFFICIAL DOES NOT RECEIVE COMPENSATION FROM THE FILING ORGANIZATION. THEREFORE THIS LINE WAS ANSWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. 15B: OTHER OFFICER COMPENSATION IS SET BY THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS OR IN THE CASE OF THE ASSISTANT SECRETARY, THE COMPENSATION PACKAGE IS RESEARCHED AND RECOMMENDED TO THE BOARD BY THE EXECUTIVE VP/COO. THE SECRETARY'S COMPENSATION INCLUDED A REVIEW OF COMPARABILITY DATA FOR SIMILAR ROLES AT SIMILAR ORGANIZATIONS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. COMPARABILITY DATA WAS USED IN PREPARATION FOR 2025 FOR THE COMPENSATION FOR THE EXECUTIVE VP/COO AND THE ORGANIZATION ANTICIPATES IT WILL ANSWER THIS QUESTION "YES" ON THE 2025 RETURN. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC: THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. US OLYMPIC AND PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 AMATEUR SPORT CO 501(C)(3) LINE 7 N/A 0 US OLYMPIC AND PARALYMPIC FDN 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 800939841 FUNDRAISING CO 501(C)(3) LINE 7 US OLYMPIC AND PARALYMPIC COMMITTEE 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0