Livestrong Donations Fell 34% After Lance Armstrong’s Confession

Livestrong suffered a 34 percent slump in donations in 2013 after Lance Armstrong, the cyclist who founded the cancer charity, confessed to doping throughout his career.

Livestrong in November 2012 cut ties with Armstrong, a cancer survivor who had served as the charity’s chairman, after the U.S. Anti-Doping Agency detailed his performance-enhancing drug use. In January 2013, Armstrong told Oprah Winfrey that he had cheated in all of his Tour de France wins from 1999-2005.