
ALT Meeting agenda Please Note Public Comment Will Be Taken InPerson Only. Called by Committee Chair SPECIAL – AD HOC COMMITTEE ON THE 2028 OLYMPICS AND PARALYMPIC GAMES TUESDAY, JUNE 13, 2023 2:00 PM *EDWARD R. ROYBAL BOARD OF PUBLIC WORKS SESSION ROOM 350 CITY HALL, 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 *PLEASE NOTE THE LOCATION CHANGE MEMBERS: COUNCILMEMBER CURREN D. PRICE, JR., CHAIR COUNCILMEMBER KATY YAROSLAVSKY COUNCILMEMBER MONICA RODRIGUEZ COUNCILMEMBER PAUL KREKORIAN COUNCILMEMBER BOB BLUMENFIELD

ALT LA84 Foundation “Play Equity Fund” tweet: “Thank you Assembly member Isaac Bryan (@isaacgbryan) for visiting our campus today. Our team shared the work we are doing to address #PlayEquity in his district.” (Photos of Renata Simril and Isaac Bryan holding a Play Equity sign, Simril showing Bryan around the LA84 Foundation)

ALT “In an examination of LA84’s returns with former IRS investigator Martin Sheil, The Daily Beast found that LA84 repeatedly donated less than their required annual threshold. Typically, yearly contributions for nonprofits must be equal to their returns on investment. In 2017, tax forms indicate LA84 fell more than $2.6 million short of its required donations; and in 2016, they should have spent an additional $6.1 million. Meanwhile, the foundation had nearly $22 million invested in companies like Blackstone, a controversial private equity firm recently “blasted” by the U.N. for their role in exacerbating the American housing crisis—the very issue NOlympics wants to combat.”
















