Updated:
LA84 Foundation
The LA84 Foundation was established in 1984 with Southern California's share of the surplus from the Los Angeles Olympic Games, creating a perpetual endowment...
LA84 Foundation
The LA84 Foundation was established in 1984 with Southern California's share of the surplus from the Los Angeles Olympic Games, creating a perpetual endowment to support youth sports. It remains one of the few U.S. foundations created directly from an Olympic legacy, operating from its headquarters in Los Angeles at the historic Eugene W. Britt House on West Adams Boulevard. The foundation's wealth origin is publicly tied to the 1984 Games and the vision to reinvest Olympic proceeds into community access to sports. LA84's investment strategy spans private equity, secondaries, special situations, and co-investments, supporting a mission-related portfolio that covers early-stage through buyout and distressed debt. The foundation is an active allocator — its confirmed investment types include venture capital, growth equity, fund-of-funds commitments, and special situations. Geographic focus remains concentrated in North America. The endowment acts as both a grantmaking institution and a limited partner, with a deployment model that sustains programming while seeking market-rate returns to grow its corpus. The foundation operates the Paul Ziffren Sports Resource Center, which houses North America's largest sports research library, alongside an Olympic memorabilia collection and a significant sports heritage archive. It maintains legacy partnerships with the United States Olympic & Paralympic Committee, which received 60 percent of the 1984 surplus, and the Southern California Committee for the Olympic Games. Board members have overlapping relationships with the Los Angeles Dodgers Foundation and Angel City Football Club, reinforcing its position at the intersection of sports philanthropy and institutional investing in Los Angeles. LA84's structure as an Olympic-legacy endowment differentiates it from typical family foundations or university endowments. Its governance links historical Olympic institutions to contemporary Los Angeles professional sports leadership — Stan Kasten, president of the Dodgers, sits on the board — while Renata Simril's membership in YPO Gold Los Angeles connects the foundation to a wider network of operators and allocators. The foundation maintains a physical campus on West Adams Boulevard, housing both its administrative and research functions in a registered historic structure, a tangible reminder of its permanent endowment status.
General information
Firm type
Foundation
Year founded
1984
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
Renata Simril
President & CEO
Stan Kasten
Board Member (President & CEO, Los Angeles Dodgers)
Sector focus
Frequently asked questions
Who runs investment decisions at the LA84 Foundation?
Renata Simril serves as President & CEO, overseeing both the grantmaking and investment operations. The foundation's board includes Los Angeles Dodgers President & CEO Stan Kasten. Specific investment committee composition and any outsourced chief investment officer relationships are not publicly detailed.
Where does the underlying capital come from?
The LA84 Foundation was endowed with 40 percent of the surplus from the 1984 Los Angeles Olympic Games, roughly $93 million at the time. The remaining 60 percent was directed to the United States Olympic & Paralympic Committee. The endowment has since been managed to grow and sustain its youth sports mission in Southern California.
Does the LA84 Foundation operate as a grantmaker, an institutional investor, or both?
LA84 operates as both. It makes grants to youth sports organizations in Southern California while managing an investment portfolio that spans private equity, venture capital, secondaries, special situations, and co-investments. The foundation's model uses investment returns to fund its programming, making it a dual-purpose endowment rather than a pure grantmaker.
What investment stages and strategies does LA84 target?
The foundation invests across a broad range of strategies, including early-stage venture, growth equity, buyouts, distressed debt, mezzanine, secondaries, special situations, and fund-of-funds commitments. It participates in both direct co-investments and limited partner positions. Its geographic focus is concentrated in North America.
How is LA84 related to the Los Angeles Dodgers and other sports franchises?
Board member Stan Kasten is the President & CEO of the Los Angeles Dodgers and also serves on the Dodgers Foundation board, creating an overlap between the two organizations. LA84 also maintains community partnerships with Angel City Football Club for youth sports access initiatives. These are collaborative board and community relationships, not ownership ties.
What non-investment assets does the foundation hold?
LA84 owns the Eugene W. Britt House and the adjoining Paul Ziffren Sports Resource Center on West Adams Boulevard in Los Angeles. The resource center houses North America's largest sports research library, an Olympic memorabilia collection, and the Sports Heritage Collection. These physical assets support the foundation's educational and archival mission.
Is the LA84 Foundation's AUM publicly disclosed?
No. The foundation does not publicly disclose its assets under management. Any reported figure is an estimate based on available public information and the scale of its historical endowment. The surplus that capitalized the foundation in 1984 totaled roughly $93 million for LA84's share.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: