THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT (EIN 74-2327838)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-13
IRS object ID
201213189349301036
Schema version
2011v1.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-11-13T11:10:44-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1111 South Tejon Suite 800AddressLine1
CityColorado SpringsCity
StateCOState
ZIP Code809039848ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN742327838EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The United States Olympic FoundationBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% ERNEST G HINCKInCareOfName
Name ControlUNITNameControl
Phone7194717922Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 LAKE CIRCLEAddressLine1
CityCOLORADO SPRINGSCity
StateCOState
ZIP Code80906ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameErnest G HinckName
TitleExecutive VP/COOTitle
Date Signed2012-11-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRita F Worster CPAName
Phone7194714290Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonERNEST G HINCKNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line110 LAKE CIRCLEAddressLine1
CityCOLORADO SPRINGSCity
StateCOState
ZIP Code80906ZIPCode
FieldValueIRS element (for citing)
Gross Receipts97925797GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1984YearFormation
State Legal DomicileCOStateLegalDomicile
Activity Or Mission DescriptionPROVIDE FINANCIAL SUPPORT TO THE UNITED STATES OLYMPIC COMMITTEE AND ITS MEMBER ORGANIZATIONS.ActivityOrMissionDescription
Nbr Voting Members Governing Body9NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees2TotalNbrEmployees
Total Nbr Volunteers9TotalNbrVolunteers
Total Gross UBI-22753TotalGrossUBI
Net Unrelated Business Txbl Income-22728NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year98ContributionsGrantsPriorYear
Contributions Grants Current Year200ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year-5729242InvestmentIncomePriorYear
Investment Income Current Year7346924InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year-5729144TotalRevenuePriorYear
Total Revenue Current Year7347124TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year8951535GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY8676768GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year201509SalariesEtcPriorYear
Salaries Etc Current Year225253SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year952547OtherExpensePriorYear
Other Expenses Current Year966631OtherExpensesCurrentYear
Total Expenses Prior Year10105591TotalExpensesPriorYear
Total Expenses Current Year9868652TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-15834735RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-2521528RevenuesLessExpensesCY
Total Assets BOY244506477TotalAssetsBOY
Total Assets EOY230131784TotalAssetsEOY
Total Liabilities BOY62453772TotalLiabilitiesBOY
Total Liabilities EOY61305716TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY182052705NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY168826068NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE FOUNDATION 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.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense8576768Expense
Grants8576768Grants
DescriptionTHE BOARD OF DIRECTORS AUTHORIZED A GRANT TO THE UNITED STATES OLYMPIC COMMITTEE ON DECEMBER 15, 2011 IN THE AMOUNT OF $8,676,768 PAYABLE TO THE UNITED STATES OLYMPIC COMMITTEE IN JANUARY, 2012.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense100000Expense
Grants100000Grants
DescriptionThe Board of Directors authorized a one time grant to the National Foundation on Fitness, Sports,and Nutrition (NFFSN) in the amount of $100,000 payable to the NFFSN in January, 2012.Description
FieldValueIRS element (for citing)
Total Program Service Expense8676768TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10967NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees2NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Excess Business HoldingsfalseExcessBusinessHoldings
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members9NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovaltrueDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonERNEST G HINCKNamePerson
Telephone Number7194717922TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line110 LAKE CIRCLEAddressLine1
CityCOLORADO SPRINGSCity
StateCOState
ZIP Code80906ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
WILLIAM J HYBL
CHAIRMAN/CEO/DIRECTOR1.0XX
CYNTHIA D KELLY
VICE CHAIRMAN/DIRECTOR1.0XX
PAULA WELCH
TREASURER/DIRECTOR1.0XX
MICHAEL MCMANUS JR
DIRECTOR1.0X
STEVAN B RICHARDS
DIRECTOR1.0X
R THAYER TUTT JR
DIRECTOR1.0X
DAVID A FOX
DIRECTOR1.0X
HENRY FILTER
DIRECTOR1.0X
LARRY PROBST
DIRECTOR1.0X
ERNEST G HINCK
EXECUTIVE VP/COO19.0X99156015117
GLORIA L CONNER
ASSISTANT SECRETARY35.0X71189026439
WALTER L BUSH JR
SECRETARY1.0X
FieldValueIRS element (for citing)
Total Reportable Comp From Org170345TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation41556TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
WELLINGTON TRUST COMPANY NA
75 STATE STREETBOSTONMA02109INVESTMENT MANAGER174212
MONDRIAN INVESTMENT GROUP INC
1105 N MARKET STREET SUITE 1118WILMINGTONDE19801INVESTMENT MANAGER180660
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
All Other Contributions200AllOtherContributions
Total Contributions200TotalContributions
Total Program Service Revenue0TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column3466483TotalRevenueColumn
Exclusion$3,466,483ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities94459114Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities90578673Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities3880441Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column3880441TotalRevenueColumn
Unrelated Business Revenue-22753UnrelatedBusinessRevenue
Exclusion$3,903,194ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7347124TotalRevenueColumn
Unrelated Business Revenue-22753UnrelatedBusinessRevenue
Exclusion$7,369,677ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total8676768Total
Program Services8676768ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total211901Total
Management And General211901ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total0Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total13352Total
Management And General13352ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total2470Total
Management And General2470ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total31861Total
Management And General31861ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total793050Total
Management And General793050ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total9201Total
Management And General9201ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total4670Total
Management And General4670ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total67633Total
Management And General67633ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total1870Total
Management And General1870ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total24797Total
Management And General24797ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneral
STEINBRENNER AWARD2673626736
MISCELLANEOUS43434343

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total9868652Total
Program Services8676768ProgramServices
Management And General1191884ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6782836BOY
EOY9282231EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY29315BOY
EOY26052EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis28713LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec28420LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY2163BOY
EOY293EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY111189881BOY
EOY90153300EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY119892162BOY
EOY130381231EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY6610120BOY
EOY288677EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY244506477BOY
EOY230131784EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY205037BOY
EOY182343EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY8951535BOY
EOY8676768EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY53297200BOY
EOY52446605EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY62453772BOY
EOY61305716EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY70671052BOY
EOY57444215EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY111381653BOY
EOY111381853EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY182052705BOY
EOY168826068EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY244506477BOY
EOY230131784EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-2521528ReconcilationRevenueExpenses
Reconcilation Other Changes-10705109ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement BothXFinancialStatementBoth
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type1XSupportingOrg509a3Type1
Certification CheckboxXCertificationCheckbox
Contrib By Controlling IndividualfalseContribByControllingIndividual
Contribution By Related PartyfalseContributionByRelatedParty
Contrib By35 Controlled EntityfalseContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES OLYMPIC COMMITTEEBusinessNameLine1
FieldValueIRS element (for citing)
EIN131548339EIN
Type Of Organization07TypeOfOrganization
Listed In Governing DoctrueListedInGoverningDoc
Supported Organization NotifiedtrueSupportedOrganizationNotified
Organized In UStrueOrganizedInUS
Amount$8,576,768Amount
FieldValueIRS element (for citing)
Total Number Of Supported Orgs1TotalNumberOfSupportedOrgs
Sum Of Amounts8576768SumOfAmounts

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance111381653BeginningOfYearBalance
Contributions200Contributions
Investment Earnings Or Losses-1324550InvestmentEarningsOrLosses
End Of Year Balance110057303EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance102406669BeginningOfYearBalance
Contributions98Contributions
Investment Earnings Or Losses8974886InvestmentEarningsOrLosses
End Of Year Balance111381653EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance74122504BeginningOfYearBalance
Contributions197Contributions
Investment Earnings Or Losses28283968InvestmentEarningsOrLosses
End Of Year Balance102406669EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance111381358BeginningOfYearBalance
Investment Earnings Or Losses-37258854InvestmentEarningsOrLosses
End Of Year Balance74122504EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance1.00000PermanentEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis11371OtherCostOrOtherBasis
Depreciation11243Depreciation
Book Value128BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis17342OtherCostOrOtherBasis
Depreciation17177Depreciation
Book Value165BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings293TotalOfBookValueLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities (5 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
HEDGE EQUITY FUNDS53818279F
LIMITED PARTNERSHIPS65707923F
REAL ESTATE FUND3424035F
PRIVATE EQUITY FUNDS2818814F
OTHER ALTERNATIVE INVESTMENTS4612180F
FieldValueIRS element (for citing)
Total Of Book Value Securities130381231TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
INVESTMENT PAYABLE$52,416,151
SECURITIES PURCHASED$30,454
FieldValueIRS element (for citing)
Total Of Amounts52446605TotalOfAmounts
Total Revenue7347124TotalRevenue
Total Expenses9868652TotalExpenses
Excess Or Deficit For Year-2521528ExcessOrDeficitForYear
Net Unrealized GL On Investments-10705109NetUnrealizedGLOnInvestments
Total Adjustments-10705109TotalAdjustments
Excess Or Deficit Per FS-13226637ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt-3357985TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-10705109NetUnrealizedGainsInvestments
Revenue Not Rptd F990-10705109RevenueNotRptdF990
Revenue Subtotal7347124RevenueSubtotal
Total Revenue Per Form9907347124TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt9868652TotExpensesEtcAuditedFinclStmt
Expenses Subtotal9868652ExpensesSubtotal
Total Expenses Per Form9909868652TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
INTENDED USES FOR THE ORGANIZATION'S ENDOWMENT FUNDSPART V QUESTION 4PERMANENTLY RESTRICTED NET ASSETS ARE TO BE MAINTAINED BY THE FOUNDATION IN PERPETUITY. THE INCOME CAN BE USED TO SUPPORT THE ACTIVITIES OF THE FOUNDATION, IN ACCORDANCE WITH THE FOUNDATION'S SPENDING POLICY.
ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONSPART X, LINE 2MANAGEMENT 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.
Endowment FundsPart V Question 2For electronic filing the individual percentages can not exceed 100%. The board designated endowment was a negative amount at the end of the year so the percentages should be as follows: Board designated -1.2040% Permanent endowment 101.2040% The permanent endowment has remained relativety stable at $111,382M with the fluctuation for investment performance in the board designated endowment.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCentral America and the CaribbeanRegion
Type Of Activities ConductedInvestmentsTypeOfActivitiesConducted
Total Expenditures48567427TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Amount Spent48567427SubtotalAmountSpent
Total Amount Spent48567427TotalAmountSpent
Transfer To Foreign CorptrueTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorptrueOwnForeignCorp
Passive Foreign Invest CotruePassiveForeignInvestCo
Foreign PartnershiptrueForeignPartnership
Boycott CountriesfalseBoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

FieldValueIRS element (for citing)
IdentifierINVESTMENTSIdentifier
Return ReferencePART I, LINE 3, COLUMN FReturnReference
ExplanationINVESTMENT MANAGEMENT FEES 307,332 INVESTMENTS 48,260,095 TOTAL 48,567,427Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrant
THE UNITED STATES OLYMPIC COMMITTEE
1 OLYMPIC PLAZACOLORADO SPRINGSCO80909131549339501(C)(3)8576768
National Fdn on Fitness Sports & Nutrition
1100 H St NW Ste 600WashingtonDC20005900732506501(C)(3)100000
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants2TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierMONITORING THE USE OF GRANT FUNDSIdentifier
Return ReferenceFORM 990, PART I, QUESTION 2ReturnReference
ExplanationGRANTS MAY BE EXPENDED BY THE ORGANIZATIONS AS THEY DETERMINE.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
PROCESS TO REVIEW THE FORM 990FORM 990, PART VI, QUESTION 11BTHE 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 COUNSEL PRIOR TO THE RETURN BEING FINALIZED. THE 990 IS THEN FORWARDED TO THE BOARD PRIOR TO FILING.
PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICYFORM 990, PART VI, QUESTION 12CALL 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 EXISTS. IN THE EVENT THAT A CONFLICT EXISTS, DIRECTORS ABSTAIN FROM VOTING AND OFFICERS ARE PROHIBITED FROM PARTICIPATING IN THE DECISION MAKING PROCESS.
GOVERNING DOCUMENTSFORM 990, PART VI, QUESTION 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
UNRELATED BUSINESS INCOMEFORM 990, PART V, QUESTION 3ATHE UNITED STATES OLYMPIC FOUNDTION 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 12/31/2011.
OTHER CHANGES IN NET ASSETSFORM 990, PART XI, LINE 5UNREALIZED LOSS 10,705,109
Board of DirectorsPart VI Questions 6, 7a and 7bThe 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 immediate past chairman of the USOC), the Athletes' Advisory Council elects two representatives, the National Governing Bodies Council elects two representatives and the Multisport Organizations Council elects one representative. The USOC must approve amendments to the organization's Articles of Incorporation and Bylaws.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES OLYMPIC COMMITTEEBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11 OLYMPIC PLAZAAddressLine1
CityCOLORADO SPRINGSCity
StateCOState
ZIP Code80909ZIPCode
FieldValueIRS element (for citing)
EIN131548339EIN
Primary ActivitiesATHLETICSPrimaryActivities
Legal Domicile StateCOLegalDomicileState
Exempt Code Section501(C)(3)ExemptCodeSection
Public Charity StatusLINE 7PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgtrueGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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