Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 143,517 | 154,789 | 2,903,284 | 3,291,181 | 2,507,245 | 9,000,016 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 143,517 | 154,789 | 2,903,284 | 3,291,181 | 2,507,245 | 9,000,016 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 4,698,368 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 4,301,648 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 143,517 | 154,789 | 2,903,284 | 3,291,181 | 2,507,245 | 9,000,016 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support Add lines 7 through 10. | 9,000,016 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
||||
|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
||||
| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
||||
|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
||||
|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, line 3 | The PCC has a service agreement with the United States Olympic Committee ("USOC") where the USOC has agreed to make available to the PCC various services including the Executive Director, legal services, accounting services, communications and public relations, information technology and human resources. The PCC is obligated to reimburse the USOC for these services, which have been calculated at the USOC's cost. Legal and accounting services are billed to the PCC at a fixed monthly rate. Information technology, communications and human resources services are reimbursed to the USOC based on an hourly rate for services performed. The Executive Director's services are billed based on actual costs incurred by the USOC for salaries, benefits and payroll taxes. |
| Form 990, Part VI, Section A, line 6 | The sole member of PCC is the United States Olympic Committee ("USOC"). |
| Form 990, Part VI, Section A, line 7a | According to its bylaws, PCC shall also have one member, United States Olympic Committee ("USOC"). PCC is managed by its Board of Governors. The USOC, as sole member of PCC, shall have the right to attend all meetings of the Board of Governors, to vote for the appointment of the Class I members of the Board of Governors, and to vote on any matter which is submitted to a vote of the sole member by PCC's Board of Governors. There are 3 classes of members of the Board of Governors. Class 1 members consist of directors, officers or employees of the sole member of the PCC, which is the USOC. Class 1 members also have the right to appoint additional representatives to the Board of Governors, up to a total of representatives not greater than 50% of the total number of Class 2 members. Class 2 members of the Board of Governors consist of persons serving as directors, officers or employees of professional sports leagues, unions of professional athletes and/or others that in the judgement of the Board of Governors, by majority vote, make demonstrated, long-term binding financial commitments in support of PCC. Class 3 members of the Board of Governors are directors, officers or employees of the United States Anti-Doping Agency (USADA) and potentially, other non-profit or public sector representatives who, in the judgement of the Board of Governors, by majority vote, are committed to PCC's purpose and mission. |
| Form 990, Part VI, Section B, line 11 | A completed copy of the PCC form 990 will be provided to the Board of Governors a minimum of three business days prior to the filing date. Any questions or concerns will be directed to the attention of the Executive Director. The Executive Director will discuss any issues or concerns brought up by the board members via e-mail exchange or conference call with the Board of Governors. The Executive Director will take immediate action to resolve any outstanding issues raised by the members of the Board. The Board of Governors will formally approve the completed 990 prior to it being filed with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c | The PCC, an organization rooted in the importance of upholding the highest level of integrity and fairness, has instituted several policies to enforce compliance with its conflicts of interest policy. The focus of the conflicts of interest policy is on ensuring fair evaluation of research proposals by the PCC's Scientific Advisory Board. Therefore, the following processes have been incorporated at the PCC: -Each member of the Scientific Advisory Board ("SAB") is required to sign a no conflict of interest policy. Independent SAB members must assert their independence from the member organization and identify any potential conflicts. Non-independent SAB members must acknowledge their relationship with the member organization by whom they have been appointed and indentify any additional potential conflicts. -Each SAB member must identify relationships with applicants prior to evaluation. If the relationship may be perceived as leading to bias, the SAB member must not evaluate the proposal and must not participate in the discussion of the grant. -If a member of the Board of Governors has a relationship with an institution that would lead to bias, he/she must not vote on the approval of the grant. |
| Form 990, Part VI, Section B, line 15 | The Board of Governors does not directly conduct the process for determining appropriate compensation of the Executive Director; however the Executive Director is an employee of the USOC and is subject to the same compensation analysis and approval process as all other USOC employees. This process includes utilizing nationally and regionally available independent salary data to establish the salary range for the position. Final determination of the salary range and compensation is determined in collaboration with, and ultimately approved by, USOC Human Resources. A representative of the Board of Governors approves the service agreement with the USOC, obligating the PCC to reimburse the USOC for the Executive Director's actual salary, benefits and payroll taxes. |
| Form 990, Part VI, Section C, line 19 | PCC's by-laws, code of conduct, and the annual report, which includes financial statements, are available to the public upon request. |
| Form 990, Part IV, Line 28c | Rana Dershowitz was a board member and Chairperson of PCC while she was an officer of the United States Olympic Committee ("USOC") in 2014. Furthermore, there were business transactions, in the form of a service agreement, between the USOC and PCC in 2014. Schedule L, Part IV must be completed to disclose business transactions between two organizations in which the filing organization's officers or directors were also officers or directors of the other organizations. The organization with whom the filing organization does business is considered to be an "interested person." Transactions with interested persons must generally be disclosed in Schedule L, Part IV. However, IRC Section 501(c)(3) organizations are not considered to be interested persons. Therefore, the USOC, a Section 501(c)(3) organization, is not an interested person with respect to PCC and Schedule L, Part IV is not required to be completed. |
| Form 990, Part V, Line 2a | The number of employees reported in Part V, Line 2a is none. The salaries reflected on Form 990, Part IX, Line 5 were reported on the Form 941 Employer's Quarterly Federal Tax Return of the USOC (EIN: 13-1548339). This compensation was reimbursed to USOC and thus is included in the number of employees on USOC's Form 990. |
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