Overview

• Ross Stevens, CEO of Stone Ridge Holdings Group, donated $100 million to the U.S. Olympic and Paralympic Foundation, marking the largest gift in its history.
• Eligible Team USA athletes will receive $200,000 for each Olympic or Paralympic Games they compete in, distributed as $100,000 over four years post-retirement and $100,000 to their beneficiaries upon death.
• The program aims to address financial insecurity among athletes, many of whom face limited income opportunities during and after their sports careers.
• Only athletes earning less than $1 million annually will qualify for the program, ensuring funds are directed to those in need.
• The donation guarantees funding through at least 2032, with the potential for further expansion, providing a financial safety net for future generations of U.S. Olympians and Paralympians.