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Olympic solidarity manages the Olympic surplus.
Olympic solidarity is responsible for managing the Olympic surplus and works under the supervision and guidance of the Olympic Solidarity Committee. 196 1 year, at the proposal of Count Jean de Beaumont, a member of French nationality, the 58th annual meeting of the International Olympic Committee decided to establish this organization. At that time, the organization was called the International Olympic Assistance Committee, whose main task was to assist the Olympic activities of newly independent countries in Asia and Africa. This committee became a special committee of the International Olympic Committee in 1968, and was renamed the Olympic Solidarity Committee in 197 1. 1972 to 1979, the office of the Committee is located in Rome, supported by the Italian Olympic Committee, and it began to accept funds. 1980 office moved to ioc headquarters, Lausanne. 1982, the chairman of the Committee is also the president of the International Olympic Committee Samaranch. In the early 1980s, the financial resources of the organization were still extremely limited, so Olympic committees in various countries were not familiar with the operation of the organization. 1984 Los Angeles Olympic Games

Successful marketing enables the foundation to arrange its aid plan according to the four-year Olympic cycle.

The Olympic Charter stipulates: "Olympic Solidarity is a department of the International Olympic Committee, whose task is to assist Olympic committees in various countries, especially those that need the most support. The assistance will be carried out in the form of cooperation between the International Olympic Committee and the National Olympic Committee, and technical assistance can be provided by international sports federations when necessary. " Although the fund is a department of the International Olympic Committee, it has considerable autonomy and has its own independent account.