Ross Stevens' $100M Gift Fuels U.S. Olympic Dreams
1min read Ross Stevens, the founder and CEO of stone ridge Holdings Group, has made a significant contribution to the U.S. Olympic and Paralympic movement. Stevens has pledged $100 million to the U.S. Olympic & Paralympic Foundation, which will be used to fund the futures of American Olympians and Paralympians.
The donation, which is the largest in the history of the U.S. Olympic & Paralympic Committee (USOPC), will be used to create an award program separate from the existing USOPC funding. This program will provide eligible athletes with $200,000 for each Games they participate in, starting with the upcoming Summer Olympics in Paris.
The Stevens donation alone is worth more than double the $47 million raised by the USOPF in 2023, the last year for which tax records are available. This generous contribution will have a significant impact on the lives of American athletes, providing them with the financial support they need to train and compete at the highest level.
Stevens' gift is a testament to his commitment to the Olympic and Paralympic movement and his belief in the power of sport to inspire and unite people. The USOPC has expressed its gratitude for Stevens' generosity and the positive impact it will have on the future of American athletics.
