The club, founded in 2002 as a volleyball institution at the initiative of local TV host Marcelo Tinelli, won the championship the same season it debuted, beating Rojas Scholem at the finals.

The football team participates in regional league Torneo Federal A, while volleyball squads play in the "Liga Olavarriense", based in Olavarría Partido, where Bolívar won its last title in 2022.

The club's foundation was initiative of TV host and entrepreneur Marcelo Tinelli (who was born in San Carlos de Bolívar).

[3][4] Tinelli called former national team captain Daniel Castellani to the project, which conceived the club as a youth player recruiter and former.

[8] That same year the club reached the semifinal playoffs for promotion to Primera B Nacional, where it was eliminated at the hands of Douglas Haig 2-1.