Organization: THE UNITED STATES OLYMPIC ENDOWMENT
Mission: PROVIDE FINANCIAL SUPPORT TO THE UNITED STATES OLYMPIC & PARALYMPIC COMMITTEE & ITS MEMBER ORGANIZATIONS THAT DEVELOP AMATEUR ATHLETES FOR NATIONAL & INTERNATIONAL COMPETITION
Activities: THE BOARD OF DIRECTORS AUTHORIZED A GRANT TO THE UNITED STATES OLYMPIC AND PARLYMPIC COMMITTEE ON DECEMBER 11, 2019 IN THE AMOUNT OF $10,162,464 AND A GRANT TO THE US OLYMPIC AND PARALYMPIC MUSEUM OF $400,000, PAYABLE DURING THE FIRST QUARTER OF 2020. 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.
NTEE category: Recreation & Sports
Secondary category: Philanthropy, Voluntarism & Grantmaking Foundations