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Where will the donated funds be held?

April 26, 2017donated funds held

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Where will the donated funds be held?

1 Answer

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Unless otherwise specified, every donation received will be split appropriately between two accounts – the Olympic Program’s annual operating account, and an endowment holding account. Endowment funds will be sent to the US Olympic Foundation on a quarterly basis and will be managed and monitored by USOF. The operating funds will be utilized by the Olympic Program to fund current needs.