2026-07-13T07:56:11-05:00 2025-12-31 420714325 RSM US LLP 4650 EAST 53RD STREET DAVENPORT IA 528073479 990 2025-01-01 800939841 UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION UNIT 7196325551 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 SARAH HIRSHLAND TREASURER 7196325551 2026-07-10 1 JENIFER L CHASE P01306883 5638884000 2026-07-10 2025 2025-03-06 01:10:19Z SARAH HIRSHLAND 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 112685594 0 X SEE SCHEDULE O X 2013 CO TO GENERATE PHILANTHROPIC SUPPORT FOR THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE 43 42 0 306 0 0 66674036 107260990 0 0 2864166 2994932 -3546427 1869801 65991775 112125723 45317347 65368939 0 0 0 0 1103706 1306501 16130326 17250297 19558170 63671350 86233610 2320425 25892113 79542823 125249195 63766421 79756676 15776402 45492519 TO GENERATE PHILANTHROPIC SUPPORT FOR THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC). 0 0 65368939 65368939 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. 848861 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. 66217800 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 X 43 42 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 THE ORGANIZATION 7196325551 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 SARAH C HIRSHLAND EX-OFFICIO AS CEO OF USOPC 11.00 44.00 X 0 1395574 41978 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 MIKE ERYN BINGLE VICE CHAIR 0.50 0.00 X X 0 0 0 MARY MARK STEVENS VICE CHAIR 0.50 0.00 X X 0 0 0 DWIGHT ANDERSON DIRECTOR 0.50 0.00 X 0 0 0 MATTHEW BARGER DIRECTOR 0.50 0.00 X 0 0 0 TRACY EDWARD BENFORD DIRECTOR 0.50 0.00 X 0 0 0 MOLLY ROBERT COHEN DIRECTOR 0.50 0.00 X 0 0 0 GAYLA KEVIN COMPTON DIRECTOR 0.50 0.00 X 0 0 0 PHILIP H CORBOY DIRECTOR 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 DIRECTOR 0.50 0.00 X 0 0 0 MARK HANCOCK DIRECTOR 0.50 0.00 X 0 0 0 LAURI HUGHES DIRECTOR 0.50 0.00 X 0 0 0 ALLEGRA MARTIN KELLY DIRECTOR 0.50 0.00 X 0 0 0 ERICA JEFF KESWIN DIRECTOR 0.50 0.00 X 0 0 0 JULIE GARY KILLIAN DIRECTOR 0.50 0.00 X 0 0 0 DR BARBARA KLOCK SALEM SHUCHMAN DIRECTOR 0.50 0.00 X 0 0 0 ROBIN COURT LORENZINI DIRECTOR 0.50 0.00 X 0 0 0 LYNDA JOHN MARREN DIRECTOR 0.50 0.00 X 0 0 0 JOY THOMAS M MISTELS 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 0.50 0.00 X 0 0 0 MICHAEL POLSKY DIRECTOR 0.50 0.00 X 0 0 0 DAVID POMS DIRECTOR 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 MICHAEL RAY DIRECTOR 0.50 0.00 X 0 0 0 GARY 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 0.50 0.00 X 0 0 0 LISA DMITRI SHKLOVSKY DIRECTOR 0.50 0.00 X 0 0 0 CINDY JOHN SMET DIRECTOR 0.50 0.00 X 0 0 0 GENE SYKES EX-OFFICIO AS USOPC BOARD CHAIR 5.00 24.00 X 0 0 0 DR SHEILA OHLSSON 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 0.50 0.00 X 0 0 0 KARL ZEILE DIRECTOR 0.50 0.00 X 0 0 0 CHRISTINE V WALSHE PRESIDENT 55.00 0.00 X 0 511322 18693 CHRISTIN MCMANUS TREASURER 11.00 44.00 X 0 309676 38411 KATHERINE DESTEFANO FORMER SECRETARY (THRU 06/25) 15.00 35.00 X 0 161559 11939 NELLIE VINER SECRETARY 15.00 35.00 X 0 190018 34661 CHRISTOPHER MCCLEARY FORMER SECRETARY 0.00 55.00 X 0 522918 46256 0 3091067 191938 0 1 1 0 US OLYMPIC & PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 MANAGEMENT FEES 8756876 CONSEIL RECUPERATION TVA 29/31 BOULEVARD DE LA PAIX SAINT GERMIAN EN LAYE ??LE???DE???FRANC FR 78100 FOREIGN VAT RECOVERY SERVICES 3917890 ON LOCATION SRL VIA FRANCESCO MEIZI DERIL 34 MILANO LOMBARDIA IT 20154 HOSPITALITY SERVICES 3689769 PRODUCTION SOLUTIONS INC 1953 GALLOWS RD STE 500 VIENNA VA 22182 PRINTING SERVICES 1417043 OPERA SRL VIA DONIZETTI 36 MILANO LOMBARDIA IT 20122 HOSPITALITY SERVICES 1059182 14 19095789 88165201 17139045 107260990 1967592 1967592 1460766 0 433426 1460766 -433426 1027340 1027340 121194 126445 -5251 -5251 PRIOR YEAR FUNDRAISING EVENT ADJ 900099 1612263 1612263 INSURANCE PROCEEDS 900099 260227 260227 LIST RENTAL 900099 2562 2562 1875052 112125723 0 0 4864733 65368939 65368939 8756876 1687197 7069679 7626 7626 1306501 1306501 1265638 265817 999821 1164400 1164400 536885 56395 480490 229763 23087 206676 1887064 692885 1194179 951580 235322 716258 6190 1830 4360 848861 848861 POSTAGE AND PRINTING 2735433 2735433 EVENT EXPENSES 144518 49354 95164 1023336 865971 157365 86233610 66217800 3885484 16130326 27965645 41027602 7840582 7060661 207758 371442 417400 22161694 22447223 27660272 20664215 26967524 79542823 125249195 23367822 4636164 20422831 29950263 59700 25254182 19916068 19916067 63766421 79756676 X -30157722 -37408648 45934124 82901167 15776402 45492519 79542823 125249195 X 25892113 3802750 21254 X X 0 1 X 1 0 X 50071859 41446634 47605969 66674036 107260990 313059488 50071859 41446634 47605969 66674036 107260990 313059488 5040638 308018850 2611498 687502 1228199 2805103 1967592 9299894 1569573 856767 6630 46548530 1875052 50856552 373215934 0.82530 0.80830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT INCOME - 2021 AMOUNT: $ 48,817. 2022 AMOUNT: $ 856,767. 2023 AMOUNT: $ 6,630. HOSPITALITY PROGRAM - 2021 AMOUNT: $ 1,520,756. 2024 AMOUNT: $ 46,533,082. SALES INCOME - 2024 AMOUNT: $ 15,448. INSURANCE PROCEEDS - 2025 AMOUNT: $ 260,227. PRIOR YEAR FUNDRAISING EVENT ADJUSTMENT - 2025 AMOUNT: $ 1,612,263. LIST RENTAL - 2025 AMOUNT: $ 2,562. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 45934123 54927838 5675242 14196056 92341147 48877043 23198437 3001324 29142681 45934123 40162370 19387563 2883032 13555921 48877043 36396671 16896981 -3952172 9179110 40162370 24544757 14037130 4036802 6222018 36396671 0.00000 0.48030 0.51970 0 1 1 0 ALTERNATIVE SECURITIES 26967524 C 26967524 LA28 GRANT PAYABLE 19916067 19916067 X PART III, LINE 1A: THE COMMITTEE MAINTAINS ARCHIVAL COLLECTIONS THAT INCLUDE WORKS OF ART, HISTORICAL MATERIALS, AND OTHER SIMILAR ASSETS FOR PURPOSES OF PUBLIC EXHIBITION, EDUCATION, RESEARCH, AND PRESERVATION IN FURTHERANCE OF ITS MISSION. IN ACCORDANCE WITH ASC 958-360 AND ASU 2019-03, DONATED COLLECTION ITEMS ARE NOT RECOGNIZED AS ASSETS OR CONTRIBUTION REVENUE ON THE STATEMENT OF FINANCIAL POSITION, PROVIDED THE ITEMS ARE HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, ARE PROTECTED AND PRESERVED, AND THE ORGANIZATION'S POLICY REQUIRES THAT ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS BE USED SOLELY TO ACQUIRE NEW COLLECTION ITEMS OR FUND DIRECT CARE OF EXISTING COLLECTIONS. ITEMS THAT DO NOT MEET THESE CRITERIA ARE RECOGNIZED AT FAIR VALUE AS CONTRIBUTION REVENUE UPON RECEIPT. PROCEEDS FROM ANY SALE OF COLLECTION ITEMS ARE RECORDED AS TEMPORARILY RESTRICTED CONTRIBUTION REVENUE WITHIN THE ARCHIVES FUND AND APPLIED IN ACCORDANCE WITH THIS POLICY PART III, LINE 4: THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION (USOPF), ON BEHALF OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (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: 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: THE USOPF IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME FROM ACTIVITIES RELATED TO ITS EXEMPT PURPOSES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) OF THE IRC AS ORGANIZATIONS DESCRIBED IN IRC SECTION 501(C)(3). THE ENTITY IS ALSO A PUBLIC CHARITY UNDER IRC SECTION 509(A). THE USOPF DID NOT HAVE MATERIAL AMOUNTS OF UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2025. 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% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING N/A 4522746 NORTH AMERICA 0 0 FUNDRAISING N/A 24372 0 0 0 0 0 0 4547118 0 4547118 0 0 0 0 0 0 PART I, LINE 3: THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION ACCOUNTS FOR EXPENDITURES REPORTED IN PART I, LINE 3 ON THE ACCRUAL METHOD OF ACCOUNTING. X X X X X X 1 RON ORR 3760 FRANKLIN AVE LOS ANGELES CA 90027 FUNDRAISING SOLICITATION 0 506000 45500 460500 MOORE A SERIES LLC 4200 PARLIMENT PLACE 3RD FLOOR LANHAM MD 20706 MASS MARKET FUNDRAISING SERVICES 0 0 839059 -839059 SOCIAL CAPITAL ONE WORLD TRADE CENTER NEW YORK NY 10007 FUNDRAISING STRATEGY 0 0 144144 -144144 THE STELTER COMPANY PO BOX 5228 DES MOINES IA 50305 PLANNED GIVING STRATEGY 0 0 128221 -128221 NEWERASPORTS 209 ROCKYWALL COURT DURHAM NC 27713 FUNDRAISING STRATEGY 0 0 60363 -60363 MICHELE DOLE 13359 SILVERSTONE DR FISHERS IN 46037 PLANNED GIVING STRATEGY 0 0 15600 -15600 506000 1232887 -726887 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 SITE VISIT 100395 100395 100395 TRIAL HOSPITALITY 10326 10326 17774 1 10473 10473 8276 121194 121194 126445 126445 -5251 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 2025, REVENUE FOR THE ANNUAL FUND TOTALED $4,332,018.17. PART II, LINE 1, COLUMNS A & B: USOPF DEVELOPS A DONOR HOSPITALITY PROGRAM ANCHORED AROUND EACH OLYMPIC GAMES AS PART OF ITS ONGOING STEWARDSHIP ACTIVITIES. TO CURATE A HIGH QUALITY EXPERIENCE, THE FOUNDATION CONDUCTS ADVANCE SITE VISITS TO EVALUATE HOTELS, RESTAURANTS, TRANSPORTATION, EVENT VENUES, AND OTHER LOGISTICAL ELEMENTS THAT INFORM THE FINAL PROGRAM DESIGN. AS PART OF THIS PROCESS, THE USOPF HOSTS A HOSPITALITY SITE VISIT EVENT IN WHICH DONORS AND THEIR REPRESENTATIVES MAY PARTICIPATE. THIS EVENT ALLOWS DONORS TO PREVIEW POTENTIAL ARRANGEMENTS, ATTEND CURATED PROGRAM ACTIVITIES, AND ENGAGE WITH THE FOUNDATION. THESE ACTIVITIES SUPPORT THE FOUNDATION'S DONOR STEWARDSHIP OBJECTIVES, DEVELOPMENT, AND EXECUTION OF THE FINAL OLYMPIC HOSPITALITY PROGRAM. THE USOPF OFFERED NON-GAMES RELATED HOSPITATLITY IN 2025. DONORS PURCHASED PACKAGES TO SUPPORT TEAM USA FIGURE SKATING ATHLETES AT THE 2025 CHAMPIONSHIPS IN BOSTON, MA. AND TRACK AND FIELD ATHLETES AT THE WORLD ATHLETIC CHAMPIONSHIPS IN EUGENE, OR. 1 UNITED STATES OLYMPIC & PARALYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 501(C)(3) 65368939 0 PROGRAM SUPPORT 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: 100% OF DONOR CONTRIBUTIONS RECEIVED BY THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION(USOPF) ARE GRANTED TO THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC) FOR ATHLETE-RELATED PROGRAMS OR INITIATVES. THE USOPF MAKES 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 899452 0 470000 0 26122 0 17500 0 24478 0 1437552 0 0 CHRISTOPHER MCCLEARY FORMER SECRETARY 0 348998 0 145006 0 28914 0 17499 0 28757 0 569174 0 0 CHRISTINE V WALSHE PRESIDENT 0 369432 0 117771 0 24119 0 17500 0 1193 0 530015 0 0 CHRISTIN MCMANUS TREASURER 0 221337 0 63775 0 24564 0 12810 0 25601 0 348087 0 0 NELLIE VINER SECRETARY 0 158216 0 31595 0 207 0 8253 0 26408 0 224679 0 0 KATHERINE DESTEFANO FORMER SECRETARY (THRU 06/25) 0 75742 0 50507 0 35310 0 5114 0 6825 0 173498 0 0 X 41 7169769 FMV X 1 0 FMV X BITCOIN 1 9969276 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER LISTED IN PART I, COLUMN (B) REFLECTS NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION HAS RETAINED THE SERVICES OF COINBASE TO SELL THE BITCOIN IT RECEIVES AS CONTRIBUTIONS. PART I, LINE 33: PER ASC 958-360-25-3, THE COLLECTIBLES REPORTED ON PART I, LINE 18 ARE NOT VALUED. FORM 990, ITEM J, WEBSITE HTTPS://WWW.USOPC.ORG/US-OLYMPIC-AND-PARALYMPIC-FOUNDATION FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE PURSUANT TO ITS BYLAWS, THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION (USOPF) 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 UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (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 USOPF 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 USOPF'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 USOPF, ALTER ANY RESTRICTION IMPOSED ON GRANT FUNDS WITHIN SECTION 3.1 OF THE BYLAWS, OR TO FILL VACANCIES ON THE USOPF BOARD OTHER THAN THROUGH THE PROCESS SET OUT IN SECTION 3.2(B) OF THE BYLAWS, OR TO REMOVE ANY MEMBERS OF THE USOPF BOARD, OR TO CREATE ANY USOPF BOARD COMMITTEES. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT AGREEMENT THE USOPF HAS ENTERED INTO A SERVICE AGREEMENT WITH THE USOPC, ITS SOLE CORPORATE MEMBER, UNDER WHICH THE USOPC PROVIDES CERTAIN SERVICES, INCLUDING MANAGEMENT SUPPORT FROM THE USOPC'S CEO, CFO AND OTHER MANAGEMENT PERSONNEL. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS THE USOPF HAS ONE CORPORATE MEMBER, THE USOPC. FORM 990, PART VI, SECTION A, LINE 7A POWER TO APPOINT THE USOPC, AS THE SOLE CORPORATE MEMBER OF THE USOPF, HAS THE AUTHORITY TO APPOINT, ELECT, APPROVE, AND REMOVE MEMBERS OF THE USOPF BOARD OF DIRECTORS. DIRECTOR CANDIDATES ARE FIRST REVIEWED AND RECOMMENDED BY THE USOPF NOMINATING & GOVERNANCE COMMITTEE AND SHARED IN WRITING WITH THE FULL BOARD. DIRECTORS HAVE A SEVEN DAY PERIOD TO OBJECT TO PROPOSED CANDIDATES, AND NOMINATIONS ARE DEEMED APPROVED ABSENT SUFFICIENT OBJECTIONS UNDER THE BYLAWS. NO ELECTION IS EFFECTIVE UNLESS AND UNTIL APPROVED BY THE USOPC. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS USOPF BOARD MEMBERS EACH HAVE A SINGLE VOTE, WITH HOUSEHOLD BOARD MEMBERS SHARING ONE VOTE PER HOUSEHOLD. AS THE SOLE CORPORATE MEMBER OF THE USOPF, THE USOPC HOLDS ALL RIGHTS PERMITTED UNDER APPLICABLE LAW AND AS SET FORTH IN THE UOSPF'S ARTICLES OF INCORPORATION AND BYLAWS. THESE RIGHTS INCLUDE APPROVAL AUTHORITY OVER MOST ACTIONS THE USOPF BOARD MAY TAKE BY VOTE, AS WELL AS THE AUTHORITY TO ELECT, APPOINT, APPROVE, AND REMOVE MEMBERS OF THE USOPF BOARD OF DIRECTORS AND TO AMEND OR MODIFY THE USOPF'S BYLAWS. 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 USOPF, WHICH INCLUDES THE REVIEW OF USOPF'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 USOPF 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 HAS FORMALLY ADOPTED THE CONFLICT-OF-INTEREST POLICY OF ITS SOLE CORPORATE MEMBER, THE USOPC. THE CONFLICT-OF-INTEREST POLICY APPLIES TO BOARD MEMBERS, OFFICERS, COMMITTEE MEMBERS, TASK FORCE MEMBERS, HEARING PANEL MEMBERS, AND OTHER VOLUNTEERS WITH SUBSTANTIAL DECISION-MAKING AUTHORITY AND REQUIRES CONSIDERATION OF THE INTERESTS OF RELATIVES AND CLOSE ASSOCIATES. COVERED INDIVIDUALS ARE REQUIRED TO SUBMIT BIANNUAL DISCLOSURES AND ALL COVERED INDIVIDUALS MUST PROMPTLY DISCLOSE NEW OR CHANGED CONFLICTS. CONFLICT DETERMINATIONS ARE MADE BY THE COMPLIANCE TEAM, WITH COMPLEX OR SENSITIVE MATTERS AND DISCLOSURES BY BOARD MEMBERS AND COMMITTEE MEMBERS REVIEWED OR MADE AVAILABLE FOR REVIEW BY THE ETHICS AND COMPLIANCE COMMITTEE. IF A CONFLICT IS IDENTIFIED, THE ORGANIZATION MAY REQUIRE RECUSAL FROM DISCUSSIONS AND VOTING, LIMIT INVOLVEMENT, SEPARATE THE INDIVIDUAL FROM CERTAIN ACTIVITIES, OR REQUIRE CESSATION OF THE ACTIVITY. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE THE USOPF'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA USOPF'S WEBSITE. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE VIA USOPC'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 21,254. FORM 990, PART XII, LINE 2C: THE USOPF FINANCE COMMITTEE OVERSEES USOPF'S ACCOUNTING AND FINANCIAL REPORTING PROCESSES, INCLUDING THE REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND DISCUSSIONS WITH THE INDEPENDENT AUDITOR. THIS OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR. PART VI, LINES 15A AND 15B, PART VII, AND SCH J: THE USOPF DOES NOT DIRECTLY EMPLOY PERSONNEL. UNDER A SERVICE AGREEMENT BETWEEN THE USOPC AND THE USOPF, THE USOPC PROVIDES ALL PERSONNEL SERVICES SUPPORTING THE USOPF. INDIVIDUALS PERFORMING SERVICES FOR THE USOPF REMAIN EMPLOYEES OF THE USOPC, WHICH RETAINS FULL RESPONSIBILITY AS THE EMPLOYER OF RECORD. COMPENSATION FOR THESE INDIVIDUALS IS DETERMINED THROUGH THE USOPC'S ESTABLISHED COMPENSATION SETTING PROCESS, WHICH INCLUDES THE USE OF INDEPENDENT SALARY SURVEY DATA, MARKET COMPARISONS, AND REVIEW BY THE USOPC'S INDEPENDENT COMPENSATION COMMITTEE. ALL COMPENSATION FOR THESE INDIVIDUALS IS REPORTED ON THE USOPC FORM 990, AND THE USOPF REPORTS THE RELATED COSTS AS MANAGEMENT FEES. 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 80909 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 157719 1.00000 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 SCH R, PART II THE UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION (USOPF) HAS ENTERED INTO A SERVICE AGREEMENT WITH THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (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.