U.S. Olympic Committee Raising Funds On Facebook

The U.S. Olympic Committee will solicit donations on Facebook from June 14 through July 31.

About 80 percent of the USOC’s operating budget goes to support programs for the athletes, items that include health benefits and bonuses.

The social network promotion will act in tandem will live events around the country, as the U.S. Olympic team travels around the nation to promote the games. While athletes will visit different cities, they will also take part in live events broadcast on Facebook, including online chats.

The London 2012 Summer Games will take place from July 27 through August 12.

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