Services necessary for the fundraising and commercial activities that raise financial support for Team USA athletes, plus the professional management of the organization—including administrative costs for functions like people and culture, finance, legal and governance.
The USOPC’s diverse partners continue to be critically important to the success of Team USA.
U.S. OLYMPIC & PARALYMPIC PROPERTIES
Team USA, and the Olympic and Paralympic movements, continue to attract the partnership of many of the world’s greatest brands, ensuring the long-term health and stability of the U.S. Olympic & Paralympic Committee and the athletes, National Governing Bodies and programs it supports.
Following the awarding of the 2028 Olympic and Paralympic Games to Los Angeles, pursuant to International Olympic Committee rules, the USOPC and LA 2028 formed a joint venture—U.S. Olympic and Paralympic Properties—to manage the sales of domestic Olympic and Paralympic marketing rights from 2021 through the 2028 Games. This partnership enables LA 2028 to raise funds for the Games while maintaining long-term USOPC viability.
The IOC’s The Olympic Partners (TOP) program continues to grow, announcing in 2019, the first joint TOP deal with Coke and Mengnui and the addition of Airbnb to its global partnership portfolio.
U.S. Olympic Endowment
Established in 1984 to administer and invest the surplus funds generated from Games of the XXIII Olympiad in Los Angeles, the U.S. Olympic Endowment is an independent nonprofit that provides critical long-term financial support for the USOPC and its member organizations.
By building a strong and secure financial base, the Endowment ensures the USOPC can meet its most pressing needs, particularly the well-being of its athletes and the National Governing Bodies and High Performance Management Organizations who support them. In the past 34 years, the endowment’s net assets have grown to approximately $220 million, while awarding grants to the USOPC to allocate across its member organizations, totaling more than $341 million—including $10.1 million in 2019.
U.S. Olympic & paralympic foundation
The U.S. Olympic & Paralympic Foundation was established in 2013 to increase the amount of philanthropic support provided to Team USA athletes. Since its inception, the foundation has raised more than $163.61 million, impacting thousands of athletes as they train for their chance to compete at the Olympic and Paralympic Games. One hundred percent of unrestricted gifts to the USOPF go to athletes and the high-performance programs that help them succeed.
Following its most successful fundraising year to date, the foundation raised $40.60 million in revenue in 2019 to set a new fundraising record. Gifts came from nearly 50,000 individuals from all 50 states, representing an almost 20% increase in unique donors from 2018.
In 2019, donors to the foundation helped fund a variety of important programs, including Athlete Career & Education, the Technology and Innovation Fund and the Sport Ambassador program. Donors contributed $2.26 million in funding toward ACE for initiatives like tuition grants and career services, while the Technology and Innovation Fund benefitted from $8.21 million in new commitments and supported 26 out of 50 National Governing Bodies with performance-impacting projects. Sport ambassadors, donors who generously fund initiatives within an individual sport or NGB, gave $2.32 million, helping the USOPC and NGBs invest incrementally in the wellness and performance potential of Team USA athletes.
Those who donated to the Team USA Fund also made an indelible impact on Team USA athletes in 2019. The foundation’s annual giving program represents the broad base of support from Americans across the country, and the dollars raised by the Team USA Fund provide unrestricted, current-use resources for the USOPC’s athlete and sport programming. Of the foundation’s 49,722 donors in 2019, 49,484 gave to the Team USA Fund through mail activity and digital channels for a total of more than $3.62 million in revenue.
The success of the USOPF’s fundraising efforts was made possible through the leadership and dedication of its board of directors. Chaired by Gordy Crawford, this distinguished group of philanthropists is united by a shared belief in the power of the Olympic and Paralympic movements to change lives. Through their generosity and professional expertise, board members ensured that the USOPF reached its fundraising targets and executed upon its strategic priorities in 2019, thereby increasing the amount of philanthropic support Team USA athletes received.
Other generous individuals who made a tremendous impact on Team USA athletes in 2019 were the USOPF trustees. Trustee families advocate for the foundation within their networks, raise awareness of Team USA athletes’ needs and encourage those who may be interested in supporting Team USA to get involved with the USOPF. In 2019, 23 new trustee families joined the program (including four former members of the board of directors), bringing the total number of USOPF trustees to 85.
2019 USOPF Board of Directors
Sarah Hirshland—Ex-Officio Susanne Lyons—Ex-Officio Gordon Crawford—Chair
Dwight Anderson Nancy and Tim Armstrong John Babcock Andrew F. Barth Corica and Anthony Bates James Benson Ray Bingham Michael Carter Kevin Clifford Molly and Robert Cohen Robyn Coles and Dr. N. Anthony Coles Gayla and Kevin Compton Philip H. Corboy Joan Criswell Brian Deevy Gina and Daniel Dickinson David Dollinger Scott Freidheim Stephen C. Freidheim William May Garland III John Goldman Joanie Hall James W. Hirschmann III James Keller Katherine Kendrick Jonathan Ledecky David Leuschen Alicia Miñana and Robert Lovelace Dudley and John G. Macfarlane III Lynda and John Marren Aria Mehrabi Robert Merrilees Allison and Roberto Mignone Joy and Thomas M. Mistele Corinne Nevinny Erica and Kevin Penn David Poms Tracey and Brad Powell Anthony Pritzker Michael Ray Yucca and Gary Rieschel Johnathan Robertson Martha and Greg Rosenbaum Lizanne and Barry Rosenstein Susan Schnabel and Edward Plummer Lisa and Dmitri Shklovsky Barry Sternlicht Mary and Mark Stevens Steven Strandberg Benjamin Conrad Sutton Jr. Stuart Weitzman Lisa and Greg Wendt Kevin D. White Geoff Yang Lisa and Dan Zelson
2019 USOPF Trustees
*Denotes former USOPF board member.
Anonymous Anonymous Susan and Thomas Abraham William Ackman Stacie and Daniel Allen Janice and Matthew Barger Donnalisa and William Barnum Tracey and Edward Benford Alan Berro Allison and David Blitzer Diane and Harold Brierley Peter Briger Scott Brittingham Mary Beth and Philip Canfield Richard M. Cashin Jr. Scott Collins Eduardo Cue Julia and Jim Davidson Laura DeBonis and Scott Nathan James Dinan Janine and Robert Dodson Andie Doyle Kristin Ehrgood* Jacqueline and Christian Erdman Holly and T. Bondurant French Sandra Gale Carol and Burton Goldfield Julia and Ken Gouw Helen and Scott Graves Ken Griffin Ashley and Ken Hanscom David Heller Sabrina and Marco Hellman Jihee and Peter Huh William Hybl* Julie Jensen Tracy and Gregory Johnson Rosalind and Michael Keiser Margaret and Michael Kerr Julie and Gary Killian Karen and Greg King Nancy Kohl Jeffrey Levitetz Oskar Lewnowski Robin and Court Lorenzini Tisha and Mark Marinella Mari Sinton-Martinez and Paul Martinez Michael S. Meldman Fred A. Middleton Thomas Montag Danielle H. Moore Ellen and Daryl Morey Vadim Nikitine* Stephanie and Peter Nolan Greg Penner* Dr. Marc Philippon Cassandra and Gary Pietrok David Pottruck Lawrence Probst III Marie and John Queen Steven Raymond Aileen and Brian Roberts Stephanie and Mark Robinson Kim and Steve Rodosky Muneer Satter Marla and Dr. Richard M. Seldes Eileen and Kevin Shields Salem Shuchman and Dr. Barbara Klock Daniel Simkowitz and Mari Nakachi Cindy and John Smet Joel Smilow Ross Stevens Gene Sykes Peter Tomozawa and Donna LeDuc Katherine and Matthew Waldman James E. Walker III Sheila and William Walker Shirley and Walter Wang Casey Wasserman Martin and Lori Weinstein Shannon and Dennis Wong H. S. Wright III and Katherine Janeway Jeff Xiong and Rita Hu Heesun and Harry You Dian and Karl Zeile
Athlete Career & Education
In what was a landmark year for the ACE program, donors provided more funding for tuition grants, career services and life skills support than ever before.
ACE awarded $526,395 in tuition assistance to 173 Team USA athletes, including 52 actively competing Olympians and Paralympians, 49 retired Olympians and Paralympians and 72 Olympic and Paralympic hopefuls. Athlete applicants came from 41 different sports, and grant recipients in 2019 attended 94 different institutions.
The ACE program also helped 83 athletes find full-time or part-time jobs, and 104 athletes received one-on-one career coaching with an ACE representative. Athletes elevated their careers at places like Visa, EY, Parker and Lynch, Invenergy, Wasserman Media Group, Associated Bank, Medtronic, BioFire and more.
Through its Pivot workshop, ACE guided a total of 37 athletes through in-person sessions on reframing identity, rediscovering self and defining purpose through discussions on shared experiences. Led by sports psychology professionals, the two-day workshop and online follow-up meetings with peers empowered athlete participants to tackle the next chapter of their lives with renewed support and confidence.
Technology & Innovation
The donor-supported Technology and Innovation Fund advanced not only the performance potential of Team USA athletes in 2019, but also the health and well-being of the Olympians, Paralympians and hopefuls who participated in its projects.
The Technology and Innovation Fund reached 26 National Governing Bodies in 2019, as well as three USOPC-managed Paralympic sports. Of the active projects, six catered to summer sports, four targeted winter sports and four impacted multiple summer and winter sports. Projects ranged from brain wave mapping in shooting to evaluating the kinematics of quadruple jumps in figure skating.
The fund also took on its first Paralympic projects in 2019, developing a custom javelin chair for Team USA’s top Paralympic javelin thrower as well as fabricating a custom handcycle for Kendall Gretsch, who reported performance improvements in her new equipment in tests conducted by USA Triathlon.
In 2019, the fund continued to make strides in its Athlete 360 program, with more than 500 athletes across 15 NGBs logging health and training information in the platform. The long-term goal of the program is to reduce the number of injuries and illnesses Team USA athletes experience, so they are able to be at their best, both on and off the field of play.
USOPF By the Numbers
Funding for the Athlete Career
& Education Program
Raised for the Technology
and Innovation Fund