2014-11-17T11:44:09-06:00 2013-12-31 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2013-01-01 742327838 The United States Olympic Endowment % ERNEST G HINCK UNIT 7194717922 10 LAKE CIRCLE Suite COLORADO SPRINGS CO 80906 Ernest G Hinck Ex. VP/COO 7194714290 2014-11-17 true Rita F Worster CPA P00290681 7194714290 2013 2015-11-30 17:44:51Z ERNEST G HINCK 10 LAKE CIRCLE COLORADO SPRINGS CO 80906 127682123 false X N/A X 1984 CO PROVIDE FINANCIAL SUPPORT TO THE UNITED STATES OLYMPIC COMMITTEE AND ITS MEMBER ORGANIZATIONS. 10 9 2 10 0 -23350 892060 495100 0 0 4695526 14886718 0 0 5587586 15381818 9016623 9309931 0 0 229150 231637 0 0 0 989816 1137063 10235589 10678631 -4648003 4703187 247942876 274216904 66893039 72666407 181049837 201550497 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 COMMITTEE THAT, IN TURN, REGULATES AND SUPPORTS MEMBER SPORTS ORGANIZATIONS THAT DEVELOP AMATEUR ATHLETES FOR NATIONAL AND INTERNATIONAL COMPETITION. false false 9309931 9309931 The Board of Directors authorized a grant to the United States Olympic Committee on December 13, 2013 in the amount of $9,309,931 payable to the United States Olympic Committee during the first quarter of 2014. 9309931 true true false false false false false false false true true true false false true false true true false false true false false false false false false true false true false false false false false false false false false false false false false true false false false true 8 0 true 2 true false false false false false false false false false false false X 10 9 false false true false true true true true true false false true true true true true true false false false X ERNEST G HINCK 7194717922 10 LAKE CIRCLE COLORADO SPRINGS CO 80906 WILLIAM J HYBL CHAIRMAN/CEO/DIRECTOR 1.0 X X CYNTHIA D KELLY VICE CHAIRMAN/DIRECTOR 1.0 X X PAULA WELCH TREASURER/DIRECTOR 1.0 X X MICHAEL MCMANUS JR DIRECTOR 1.0 X STEVAN B RICHARDS DIRECTOR 1.0 X R THAYER TUTT JR DIRECTOR 1.0 X DAVID A FOX secretary/director 1.0 X X HENRY FILTER SECRETARY/DIRECTOR 1.0 X X LARRY PROBST DIRECTOR 1.0 20.0 X SCOTT BLACKMUN DIRECTOR 1.0 40.0 X 1275808 34323 GABE GARDNER DIRECTOR 1.0 X ERNEST G HINCK EXECUTIVE VP/COO 19.0 X 98217 0 19060 GLORIA L CONNER ASSISTANT SECRETARY 35.0 X 84786 16608 183003 1275808 69991 0 false true false MONDRIAN INVESTMENT GROUP INC 1105 N MARKET STREET SUITE 1118 WILMINGTON DE 19801 INVESTMENT MANAGER 216473 Wellington Trust Co NA 280 Congress Street BOSTON MA 02210 Investment Manager 175559 PRIME BUCHHOLZ ASSOCIATES 273 CORPORATE DRIVE PORTSMOUTH NH 02210 INVESTMENT CONSULT. 136625 PIER CAPITAL 600 SUMMER STREET SUITE 203 STAMFORD CT 06901 INVESTMENT MANAGER 109962 ADVISORY RESEARCH 1659 PAYSPHERE CIRCLE CHICAGO IL 60674 INVESTMENT MANAGER 105145 5 495000 100 495100 0 1553596 1553596 0 0 0 0 0 125633427 112300305 13333122 13333122 13333122 0 0 0 0 15381818 14886718 9309931 9309931 0 0 0 218671 218671 0 0 0 0 12966 12966 0 5596 5596 34015 34015 0 0 952203 952203 0 0 10564 10564 0 0 5117 5117 0 0 68912 68912 0 0 0 23643 23643 STEINBRENNER AWARD 33992 33992 MISCELLANEOUS 3021 3021 10678631 9309931 1368700 0 X 0 0 8941336 11431258 589498 771472 0 0 0 0 0 0 0 0 0 0 26966 39755 31303 28713 2590 92278888 98359470 145787441 163433582 0 0 0 0 318747 178777 247942876 274216904 186893 213489 9016623 9309931 0 0 0 0 0 0 0 0 0 0 0 0 57689523 63142987 66893039 72666407 X 68775924 88781484 0 0 112273913 112769013 181049837 201550497 247942876 274216904 4703187 15797473 X false true X true false X X X false false false UNITED STATES OLYMPIC COMMITTEE 131548339 07 true true true 9309931 1 9309931 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112273913 495100 17797309 17797309 112769013 110057303 892060 13645492 12320942 112273913 111381653 200 -1324550 110057303 102406669 98 8974886 111381653 74122504 197 28283968 102406669 1.00000 false false 31303 28713 2590 2590 HEDGE EQUITY FUNDS 62014688 F LIMITED PARTNERSHIPS 88567613 F REAL ESTATE FUND 4113556 F PRIVATE EQUITY FUNDS 2921729 F OTHER ALTERNATIVE INVESTMENTS 5815996 F 163433582 0 INVESTMENT PAYABLE 63073172 INVESTMENT SECURITIES PAYABLE 69815 63142987 31179291 15797473 15797473 15381818 15381818 10678631 10678631 10678631 PART V QUESTION 4 PERMANENTLY RESTRICTED NET ASSETS ARE TO BE MAINTAINED BY THE ENDOWMENT IN PERPETUITY. THE INCOME CAN BE USED TO SUPPORT THE ACTIVITIES OF THE ENDOWMENT, IN ACCORDANCE WITH THE ENDOWMENT'S SPENDING POLICY. PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Central America and the Caribbean Investments 55438523 55438523 55438523 true false true true true false PART I, LINE 3, COLUMN F INVESTMENT MANAGEMENT FEES 489,248 INVESTMENTS 54,949,275 TOTAL 55,438,523 true THE UNITED STATES OLYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131549339 501(C)(3) 9309931 1 FORM 990, PART I, QUESTION 2 GRANTS MAY BE EXPENDED BY THE ORGANIZATION AS IT DETERMINES. X false false false false false false false true false SCOTT BLACKMUN DIRECTOR 506771 749414 19623 19125 15198 1310131 SCHEDULE J, PART I, LINE 7 BONUSES OF $2,500 AND $1,500 WERE AWARDED TO THE EXECUTIVE VP/COO AND ASSISTANT SECRETARY, RESPECTIVELY. Part II Column F Scott Blackmun joined the USOE board in 2013 so this is the first year his compensation from USOC is reflected on the USOE 990. The USOC Sch J shows 425,000 in column F for compensation reported as deferred in prior Form 990. FORM 990, PART V, QUESTION 3A THE UNITED STATES OLYMPIC ENDOWMENT HAS PASS THROUGH K-1 UNRELATED BUSINESS INCOME (UBI) FROM ITS INVESTMENT PORTFOLIO. THE UBI ACTIVITY IS REPORTED ON THE 990-T AS FILED WITH THE IRS. THERE IS NO TAXABLE INCOME FOR THE YEAR ENDED 12/31/2013. Form 990, Part VI Questions 6, 7a and 7b The organization has members using the definition of members for For 990 purposes. The United States Olympic Committee (USOC) elects five members (which includes the chairman and chief executive officer of the USOC), the Athletes' Advisory Council (AAC) elects two representatives, the National Governing Bodies Council (NGBC) elects two representatives and the Multisport Organizations Council (MSOC) elects one representative. The USOC must approve amendments to the organization's Articles of Incorporation and Bylaws. FORM 990, PART VI, QUESTION 11B THE FORM 990 IS PREPARED BY A THIRD PARTY AND AN INITIAL REVIEW IS CONDUCTED BY THE ORGANIZATION'S EXECUTIVE VICE PRESIDENT/CHIEF OPERATING OFFICER AND OUTSIDE LEGAL COUNSEL PRIOR TO THE RETURN BEING FINALIZED. THE 990 IS THEN FORWARDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, QUESTION 12C ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. 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 FROM VOTING AND OFFICERS ARE PROHIBITED FROM PARTICIPATING IN THE DECISION MAKING PROCESS. FORM 990, PART VI, QUESTION 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, QUESTION 15A & 15B COMPENSATION FOR THE EXECUTIVE AND OTHER OFFICERS OF THE ORGANIZATION ARE APPROVED BY THE BOARD AND DOCUMENTED IN THE MINUTES. FORM 990, PART VI, QUESTION 4 The organization changed its name from the United States Olympic Foundation to the United States Olympic Endowment. Previously, the immediate past Chairman of the United States Olympic Committee had been a member of the Board of Directors. This was changed to the Chief Executive Officer of the United States Olympic Committee. UNITED STATES OLYMPIC COMMITTEE 1 OLYMPIC PLAZA COLORADO SPRINGS CO 80909 131548339 ATHLETICS CO 501(c)(3) LINE 7 NA false false true true false false false false false false false false false false false false false false false