The United States Olympic & Paralympic Endowment (USOPE) is an investment endowment that provides grants to the United States Olympic & Paralympic Committee (USOPC) to support America’s athletes.
The USOPE is not a private foundation but a 501(c)3 non-profit supporting organization as it exists to support another non-profit organization – the USOPC.
The Endowment also established a program which allows USOPC member organizations to pool their endowment funds, as principals, with the USOPE, which acts solely as agent for the investment of the USOPC member organization funds. The USOPE does not charge any administrative fee for this service nor does it allocate any of the direct expenses (consulting, manager, or custodian fees) to the participants of the program.
The Endowment established its grant program in 1986. Since inception, over $370 million in grants have been awarded to the USOPC and its member organizations.
The USOPE is not a private foundation but a 501(c)3 non-profit supporting organization as it exists to support another non-profit organization – the USOPC.
The Endowment also established a program which allows USOPC member organizations to pool their endowment funds, as principals, with the USOPE, which acts solely as agent for the investment of the USOPC member organization funds. The USOPE does not charge any administrative fee for this service nor does it allocate any of the direct expenses (consulting, manager, or custodian fees) to the participants of the program.
The Endowment established its grant program in 1986. Since inception, over $370 million in grants have been awarded to the USOPC and its member organizations.