The International Olympic Committee (IOC) is a non-profit organization based in Switzerland that oversees the planning and execution of the Olympic Games. Founded in 1894, its primary role is to promote the Olympic movement and ensure that the Games are held in accordance with the Olympic Charter. The IOC is responsible for selecting the host cities for the Summer and Winter Olympics, coordinating with national Olympic committees, and supporting athletes worldwide. It also works to promote values such as excellence, friendship, and respect through sports, fostering international cooperation and understanding.