Sarah Ford | August 26, 2012
Lance Armstrong charity sees $78K
The news recently broke that Lance Armstrong will no longer contest the latest allegations of cheating throughout his cycling career, prompting the United States Anti-Doping Agency to strip him of his seven Tour de France titles.
If the donations to Livestrong – the Lance Armstrong Foundation are to tail off, it certainly didn’t happen the day after Armstrong decided to stop fighting charges that he used performance-enhancing drugs during his cycling career.
The Livestrong foundation’s CEO, Doug Ulman, told ESPN on Friday night that unsolicited donations were up almost 25 times as compared to Thursday, and the number of people donating increased as well. Â Plus, every sponsor of Armstrong or the Foundation chose to publicly stand by them Friday. Â > Read more
Â
Get Resources and Insights Straight To Your Inbox
Explore More Articles
Is Your Company Ready to Launch a Scholarship Program This Fall?
Here’s What You Need to Know Now is the ideal time for companies to partner with a scholarship administrator – here’s why and how to…
How Much Money Does Your Company’s Emergency Assistance Fund Actually Need?
Setting up an Employee Assistance Fund (EAF) is one of the most practical ways to support employees during times of crisis. One of the first…
Get Resources and Insights Straight To Your Inbox
Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.