The Need
Maya Lawrence is a world-class fencer training for the 2004 and 2008 Summer Olympic Games. Her
expenses include fencing-club dues, a coach, and travel to international tournaments. And equipment: fencers need
five blades at all times, and blades break several times in a season. Replacement cost: $100 per blade.
Maya isn't alone. Training to compete in the Olympic Games in any sport is dauntingly expensive. Coaching, equipment, travel,
and living expenses typically run as much as $30,000 a year. And that figure doesn't include the hidden costs of a deferred career.
In many other countries, athletes can depend on financial support from clubs, national governing bodies, national Olympic committees,
and sports foundations. In the United States, unless you're a star in a high-profile sport who benefits from endorsement contracts, you're on your own.
Fact: The USOC and all its sports’ national governing bodies direct less than 5% of their combined revenue, and less than 6% of their combined expenses, to direct athlete support*.
*figures based on publicly available 2004 IRS forms 990.
The Answer
U.S. Athletic Trust is a unique, and uniquely effective, answer to the needs of Olympic-bound college graduates.
We provide:
- Basic financial assistance to cover athletes' living and training expenses.
- Post-sport career planning and mentoring to help athletes minimize the impact of delayed professional careers.
- A model of efficiency and organizational effectiveness.
- A new paradigm for athlete support in the United States.
Fact: at least 75% of U.S. Athletic Trust donations go directly to supporting Olympians.