The Livestrong cancer charity reports a sharp downturn in donations and revenue in 2013 after founder Lance Armstrong admitted taking performance-enhancing drugs during most of his record-setting cycling career.
The University of Texas at Austin announced Tuesday that it has exceeded its $3 billion fundraising goal with a $50 million gift from the Livestrong Foundation.
After his admission of using performance-enhancing drugs to Oprah Winfrey on Monday after a decade of arrogant, aggressive denials, the world’s largest fall from grace is complete and the biggest sports fraud of our lifetime is crowned.
A person with knowledge of the situation says Lance Armstrong has apologized to the staff at his Livestrong cancer foundation. He did so before heading to an interview with Oprah Winfrey.
Lance Armstrong’s cancer fighting charity has formally dropped him from its name and will officially be known as the Livestrong Foundation.