USOPC receives record $100m donation to fund athletes’ post-Olympics careers
by Reuters from US news | The Guardian on (#6VQ3K)
- Ross Stevens makes $100m donation to USOPC
- Donation will fund post-retirement plan for athletes
- Plan will be worth up to $200,000 per participant
Philanthropist Ross Stevens made a $100m donation to support United States Olympic and Paralympic athletes with a post-retirement plan worth up to $200,000 per participant.
The US Olympic and Paralympic Committee said Wednesday the gift was the largest single monetary donation in the history of the organization. Stevens launched the fund to reward American athletes for sacrificing other opportunities to train for an opportunity to represent Team USA.
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