New IOC fund to support Olympic athletes with $10,000 stipends

Yahoo Sports1 min read • Latest: Jun 25, 2026, 4:01 PM

Last updated Jun 25, 2026

New IOC fund to support Olympic athletes with $10,000 stipends
Summary

The International Olympic Committee has established a $140 million fund to provide each Olympic athlete, including golfers, with a $10,000 grant. This initiative retroactively benefits athletes dating back to the 2026 Winter Games and aims to cover training and travel expenses. Athletes can apply for the grant within six months of their competition's end, barring any doping violations. IOC president Kirsty Coventry announced the program on June 24 during an annual strategy meeting in Lausanne. The grants will be available to athletes in various sports, including golf, where financial earnings are typically higher.

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By the Numbers
  • Every golfer qualifying for the 2028 Summer Olympics will receive $10,000.
  • The fund totals $140 million for the Olympic four-year cycle.
  • Eligible athletes can apply within six months after their events.
  • The announcement was made by IOC president Kirsty Coventry in Lausanne.
  • The fund is not available to Paralympic athletes.
Latest Updates
  • 4:01 PMYahoo SportsNew IOC fund will offer Olympic athletes, including golfers, $10,000 stipends
What they're saying
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Every golfer who qualifies for the 2028 Summer Olympics will be the beneficiary of a $10,000 grant from the International Olympic Committee.

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