UNITY IS STRENGTH

Lanc e Ar mstro ng Fo un dati o n

2O11 Annua l Repo rt

What can one organization

based in Austin, Texas, do
in the global fight against
cancer? More than we can
imagine or predictespecially
when we team up with visionary
organizations and companies,
passionate individuals and
generous donors. Together,
were fighting for the worlds
28 million cancer survivors.
We dont just have a mission;
were on a mission to change
the way the world fights cancer.

Cover and inside back cover photos are drawn from the Face Up to It mosaic on Facebook (see page 9).
All other photography provided by the Lance Armstrong Foundation.

P G _ 01

Dea r fr i ends,
2011 was a banner year for the Lance Armstrong Foundation, thanks to innovative service, hard work and your support.
We celebrated having served more than 2.3 million cancer survivors with our patient navigation services since
opening our doors in 1997.
In March we expanded those services with the opening of the LIVESTRONG Cancer Navigation Center in
East Austin, an historically underserved community where we knew we were needed the most. We expected to help
around 500 people in our first year with the physical, emotional and practical challenges that accompany cancer.
Instead, more than 1,200 survivors in the Austin area turned to the Navigation Center for help. Their
stories were heart-wrenching, humbling and quite often, movingly courageous. They inspire us to continue
expanding our capacity and outreach efforts so that more survivors can turn to us, whether in person, online or
by phone, as they overcome cancer.
Those services have never been in greater demand. In 2011, the number of Americans living with cancer
reached 12 million. Based on recent National Cancer Institute data, one in every two American men and women
will face the disease at some point in their lives. And the World Health Organization expects new cancer diagnoses to grow by one percent annually to an eventual 27 million new cases worldwide by 2030.
That is why the Foundation redoubled its efforts to expand access to care and reduce the stigma of cancer
around the world in 2011, especially in developing nations. At the United Nations General Assembly, we made
a strong case for strengthening health systems throughout the world so developing nations in particular are able
to meet the demands that increase day by day. Knowing that stigma and ignorance about cancer lead to delayed
diagnoses and needless suffering, we launched anti-stigma and patient empowerment pilot initiatives in South
Africa. With more than 180 community leaders and educators trained and public service announcements
launched, our door-to-door awareness effort provided one-on-one cancer information to thousands of households.
The results: people exposed to the campaign reported learning something new about cancer or changing their
ideas about the disease. We have begun replicating this strong progress in Mexico and will continue to spread it
wherever stigma is strongest.
From local to national to global, the Foundation continues to do everything in our power to expand access to
the care and support that can have a lifesaving impact for the worlds 28 million cancer survivors.
Many thanks to our Chairman and Founder, Lance, for his unwavering leadership, to our Board of Directors for
sharing their wisdom and experience and to our devoted and diligent staff. But an even greater debt of gratitude is the
one we carry for our faithful supporters who make possible every inch of ground gained in the fight against cancer.
LIVESTRONG ,

D oug Ul m an
President and CEO, Lance Armstrong Foundation

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

PG_02

The Lance Armstrong Foundation (Foundation) helps

anyone affected by cancerwhether the person reaching out to us has cancer or they are a caregiver, family
member or friend of someone diagnosed.
.........................................................................
C a nc e r Navigation S ervi c es

Navigation means making your way through the health

care system and the cancer journey overall. Our free

IN AUSTIN, we anticipated serving 5OO people;

we helped more than

services help survivors understand their options, what to

expect and what questions to ask. We offer one-on-one
support all along the way at LIVESTRONG.org/GetHelp.
We help people with any cancer type and at any
stage of treatment. Assistance is available in both
English and Spanish with the following services:
Emotional Support
Fertility Risks and Preservation Options
Insurance, Employment and Financial Concerns

Nationally, WE HAVE SAVED OUR CLIENTS OVER

Treatment Concerns
.........................................................................
LIVESTRONG Cancer Navigation Center

In 2011, we had an ambitious goal: to complement our

existing online and phone support for cancer survivors

in personal costS

by opening a walk-in center in East Austin. At a time

when funding for cancer and health care is becoming
more scarce, connecting people to existing services
and resources becomes even more critical, especially
in underserved communities.

The effects of cancer are felt throughout the Central Texas community, but they
hit underserved families especially hard. We created the LIVESTRONG Cancer
Navigation Center in East Austin to help anyone affected by cancer overcome the
tough challenges that arise after a diagnosis, like insurance problems, treatment
concerns and dealing with the emotional impact of the disease.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

Lance Armstrong

PG_03

N avigati o n

O ur N av i gat i on Pa rtn e rs

Partnerships with a few key organizations allow us to

provide comprehensive navigation services. The following partners make our holistic approach possible.
.........................................................................

Patient Advocate Foundationserves as an

active mediator between patients and their insurer,
employer and/or creditors to resolve insurance,
job retention and/or debt crisis matters relative to
their diagnosis.
EmergingMedthe LIVESTRONG Clinical Trial
Matching Service (powered by EmergingMed)
assists cancer patients and their families in locating
treatment options.
Imerman Angelsfacilitates peer-to-peer connections for cancer survivors and caregivers.
Navigate Cancer Foundationexpert cancer nurses
help patients become empowered, educated and
an active member of their own health care team.
Fertile Hopededicated to providing reproductive information and financial support to cancer
patients and survivors whose medical treatments
present the risk of infertility.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

PG_04

Hispanics/Latinos

Cancer is the second leading cause of death among

227

Hispanics/Latinos (Hispanics), and the cancer

incidence rate in the community is expected to increase
142 percent by 2030. We launched a multimedia
campaign to increase awareness of Foundations

livestrong promotores w ere tr ain ed ,

on line and in person

cancer navigation services, primarily among Spanishdominant and bicultural Hispanics. The campaign also
sought to address the stigma associated with a cancer
diagnosis. As a result of the targeted efforts, the
number of Hispanics accessing our navigation services
increased by 40 percent.

They shared LIVESTRONG serv ic es w it h

16,624
HI SPA NICs

LI VESTRONG Promotores Progra m

This training for community health workers focuses on

the physical, emotional and day-to-day concerns of Hispanic cancer survivors. By partnering with community
health workers, we provide cancer care information and
support to an historically underserved population.
.........................................................................
Ado le sce nts and Young Adults ( AYAs )

Outcomes and survival rates for AYAs with cancer have

remained stagnant for decades, so the Foundation
partnered with the National Cancer Institute to tackle
the issue. To begin, in 2006 we invited key stakeholder
groups to a collaborative meeting and developed recommendations for a national agenda of change in how
we treat AYAs with cancer.

Alliance

112

O R GA N I Z AT I O N S

Each year the Alliance

brought together advocacy
organizations, health care
providers and representatives
from government agencies to

2OO

I N D IVI D UALS

encourage collaboration and

build a referral network of direct
services. Alliance members
provided 81,892 direct services
to AYAs; 887,998 AYAs were

887,998

reached overall.

AYAs R EAC HED OVER ALL

Subsequently, we formed the LIVESTRONG Young

Adult Alliance (Alliance), which supported ongoing
collaboration and progress through a five-year strategic
plan. At the plans conclusion in 2011, the Alliance had
become a national hub of AYA activity, resulting in a
robust referral network, guidelines for clinical care and
training, and increased awareness in the clinical,
research and public arenas. These successes led to the
decision in 2011 for the Alliance to become a separate
nonprofit, with the Foundation supporting this transition.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

by 2O3O, Cancer incidence in

the Hispanic community is
expected to increase 142%.
*For comparative purposes, cancer incidence is expected to increase 31% for white, non-Hispanics and
64% for black, non-Hispanics by 2030.

PG_05

TA R G E T E D O U T R E AC H
F i g h t i ng S t i g ma i n S outh Af rica

The Foundations research revealed there is a pervasive

stigma about cancernot just in a few countries, but
MEXI C O

everywhere. Based on the findings, we decided to take

action by developing the Cancer Anti-Stigma Initiative
and chose South Africa as the pilot nation.
The Foundation, in collaboration with implementing partner John Snow, Inc. and other partners, created

S O U T H AF R I C A

a first-of-its-kind effort to raise awareness about the

disease, improve knowledge about treatment and challenge the stigma that surrounds cancer. We selected
three areas in which to target the national initiative:
Mdantsane (Eastern Cape), Khayelitsha (Western Cape)
and Soweto (Gauteng).
S urv i vor E mp owe r me nt

The Foundation and the American Cancer Society

were proud to support South Africas first-ever Cancer
Survivor Forum, planned by Campaigning for Cancer,
on May 1213, 2011. The Forum provided an opportunity for community members from all over the country
to express their needs about quality of care, attitudes,
practices, policies and services. The result was a
survivor-informed national call to action on cancer,

41%

h e a rd a r a d i o s h ow or a d a b out c a nc e r

21%

i ncre a s e i n k now l e dg e o f c h e moth e r a py

45%

which will be developed and promoted by a diverse set

of stakeholders and will benefit all South Africans
affected by this disease.
.........................................................................
MEXI C O

We are continuing our anti-stigma work in Mexico with

the Comparte tu Historia campaign. We are collaborating
with local organizations and health authorities to develop
knowledge and awareness needed to successfully confront
fears and misconceptions about cancer through the use
of media, community outreach, special events and public

w h o h a d h e a rd c a nce r m e ssag e s in t h e l a st y e a r

relations. Our work in Mexico began in 2011 and is still in

r e s p onde d t h at t h e y l e a rn e d som e t h ing

progress; we will report on the results in 2012. Ultimately,

n e w or d i d som e t h i ng d i f f e r e nt ly a b out c a nc e r

the Foundation plans to create an adaptable model to

reduce cancer stigma that can be replicated in countries
around the world.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

PG_06

T here is good news

Survivorship Research

More people are surviving cancer than ever before.

We believe the patient should

There are approximately 12 million cancer survivors

be the focus of research and

care. This patient-centered

alive in the United States today, and that number is

approach results in cancer

expected to grow to more than 18 million by 2020.

survivors receiving the help

However, work remains to be done. Our research has

they need now.

shown us that even after treatment ends, the challenges do not. Many cancer survivors continue to
experience physical, emotional and practical concerns,
but they do not always get the help they need.
. . . . . . . . . ........................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
I Lea rned to Live wi t h It
Is N ot Good Enough

Cancer survivors who responded to the LIVESTRONG

Survey in 2006 and 2010 experienced a variety of
concerns. While respondents had different experiences
in terms of type of cancer, type of treatment, time
since treatment ended and other characteristics, for
these survivors, life after a cancer diagnosis continued
to bring changes and challenges. An overwhelming
number of cancer survivors (98 percent) experienced
continued physical, emotional and practical concerns.
Yet many did not receive help for their needs. Alarmingly, the receipt of care for these concerns decreased
between 2006 and 2010. Our findings were published
in 2011 in an effort to spur action. The Foundation
believes more should be done to address the needs of
cancer survivors, and we recommend three key steps to
address gaps in care:
Connect people to the resources they need.
Identify and disseminate the essential elements of
survivorship care delivery that can help to ensure
cancer survivors needs are met.
Conduct continued surveillance of the concerns of
survivors and disseminate research to better understand the experience of post-treatment survivorship.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

O F surv e y r e s p ond e nts

e x p e r i e nc e d at l e a st
on e p ost- tr e at m e nt
conc e rn p h y s i c a l ,
e motion al or p r acti c a l.

PG_07

RESEARCH
Putti ng t h e Pat i e nt F i rst:

Tier 1 : Consensus E le m ents

T h e Ess e nt i a l E l e me nts of
Post- T r e at me nt S urv i vors hip Care

On September 1516, 2011, the Foundation convened

Survivorship care plan, psychosocial care plan and treatment summary

the Essential Elements of Survivorship Care Meeting

Screening for new cancers and surveillance for recurrence

in Washington, D.C. The goal was to collaborate with

Care coordination strategy, which addresses care coordination with

primary care physicians and primary oncologists

key stakeholders to determine what cancer survivors

Health promotion education

leaders, experts, cancer survivors and advocates agreed

Symptom management and palliative care

on 20 essential elements of survivorship care delivery.

need after treatment ends. More than 150 community

These elements can help guide medical institutions

and other organizations that are considering their own
design and delivery of survivorship care and, most
importantly, how to make post-treatment care more
focused on the needs of the cancer survivor. Read more
about the Essential Elements at LIVESTRONG .org/
EssentialElements.

The Essential Elements

should be available in every
communitya bill of rights
for cancer survivorship.
Essential Elements meeting participant

T h e To p Ess e nt i a l E l e me nt

The number-one recommendation that came out of

the Essential Elements meeting was to empower cancer
survivors to ask for the resources they need, especially
a survivorship care plan. These post-treatment care
plans, such as the LIVESTRONG Care Plan, help
survivors cope with the long-term effects of treatment
by providing a summary of treatments received and
a follow-up care plan. Learn more about survivorship
care plans at LIVESTRONG CarePlan.org.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

PG_08

PROGRESS
By using individual strengths, goals and interests,
anyone can fight for a world without cancer. We offer
opportunities to take action globally, nationally and
locallyonline or on the streets. These are some of the
ways our supporters took action in 2011.
.........................................................................
Advocacy

An essential part of our work standing up for people

affected by cancer is our active involvement in forwardlooking policy change. 2012 will be a critical year for
cancer policy at the state, federal and global levels.
Through our advocacy work, the Foundation will
fight to ensure that anyone living with cancer has

| Advocate Jon Binsted shares his story with Jennifer Deegan from the

access to quality cancer care, that federal investments

Texas Advocacy Day

in cancer research and programs dont lose funding

Office of Texas Speaker of the House Joe Straus. Binsted and others visited leaders in the Texas

and that tobacco control measures are strengthened

State Capitol to discuss the need for statewide smoke-free workplace legislation. Advocates
shared stories about how secondhand smoke had affected them and their families.

around the globe.

.........................................................................
Inv esting in canc e r r es ea rc h a nd

5 3 CP R I T GR A N T R E C I P I E N TS R E PORT E D

preve nt ion in Te xa s i sn t a lu x ury;

Our organization led a statewide initiative (Proposition

More than 77,000 people received education, outreach and

navigation services.

15) in 2007, which resulted in the Cancer Prevention

27,381 (58%) never before screened

and Research Institute of Texas (CPRIT). CPRIT will

2,718 abnormal screening results

leverage $3 billion over the next 10 years to focus

244 precursors detected (81 never before screened)

on innovative research to eradicate cancer. Voters

166 cancers detected (53 never before screened)

it s a nece ss ity

overwhelmingly approved the measure to stimulate

innovative research and to offer life-saving cancer
prevention programs to Texas. Despite this support,
securing state funding for all initiatives, including
fighting cancer, remained challenging due to the continuing economic downturn. In 2011, we successfully
fought to maintain full funding for CPRITs initiatives.
To date CPRIT has awarded 350 grants, totaling more
than $570 million, to fund innovations in the areas of
prevention, research and commercialization.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

When I was diagnosed, I didnt have the insurance,

and I didnt have the money available to get the
testing done. The funding probably saved my life.
I dont know what I would have done without it.
Patricia Stoll, breast cancer survivor and beneficiary of CPRIT funding

PG_09

A dvo c ac y
C ommuni t y I mpact Pro j e ct

Commun ity Impact Proj e ct

34O,OOO
vot e s cast

LIVESTRONG offers funding to organizations to

recreate proven, effective programs. By adopting

this model we were able to increase our direct
program support nearly tenfold in less than one year.
In 2011, we provided funding for the following
community programs.
LIVESTRONG Promotores Program
Cancer Transitions

over

$84O,OOO
in grants distrib ut e d

Camp Kesem
LIVESTRONG at the YMCA
Read more at LIVESTRONG .org/Community.
.........................................................................
M a k i ng C a nc e r a G lo bal He alth Prior ity

We want to have an even greater impact in the global

fight against cancer. So we took our case to the United
Nations High-level Meeting on Non-Communicable
Diseases (UN NCD Summit) in New York in September
2011. The focus of the special session was on the four
big non-communicable disease killers: cancer, chronic
respiratory disease, cardiovascular disease and diabetes. The increased incidence of these diseases is on the
verge of becoming a global health crisis.
Fac e U p to It

As part of our comprehensive campaign in New York

during the UN NCD Summit, our activities ranged
from grassroots activism and visibility on the ground to
online activation on Facebook and participation at the
highest levels of policy discussions.
The Foundation and other global advocacy organizations hope that by shining the light on the need
to fight NCDs at the highest political levels, then the
international communityglobal health leaders, heads
of government and otherswill take action.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

P G _ 10

P h i l a nt h ro p y
T eam L IVESTRONG: Wa lk, Run , Ri d e, S w i m

Team LIVESTRONG members dont live in the same

city or compete in the same event, but everyone is on
one team. Team LIVESTRONG participates in walks,
runs, rides and triathlons around the country. The events
also foster a sense of unity, community and strength.
In 2011, due to the continued generous support of our
Team LIVESTRONG sponsors, 100 percent of funds
raised by Team LIVESTRONG went directly to support
our programs and initiatives in the fight against cancer.
Learn more at TeamLIVESTRONG .org.
.........................................................................
Partnere d Eve nts

Skiing, golf tournaments, bike rides, fashion shows,

climbing Mount Kilimanjarothese are just a few of the
exciting events our supporters have organized to join the
fight against cancer. In 2011, our partners, with the help
of participants, donors, sponsors and volunteers, raised
more than $4.2 million.
A sample of 2011 partnered events:
Swing 4 Yellow a charity golf tournament in
Plano and San Diego
Ski 4 Yellow a chance to ski with a U.S. Olympian/World Cup athlete in the Steamboat Ski Area
Survivor Summit preparation for a 2012
climb of Mt. Kilimanjaro, the worlds tallest freestanding mountain
24 Hours of Booty an event that features
24 straight hours of cycling in Charlotte, Indianapolis, Columbia and Atlanta

One of my favorite moments was crossing the finish line of the

Boston Marathonand doing it just days after completing treatment
for cancer. As a three-time survivor, LIVESTRONG means not
letting cancer define me. T E AM L I V E S T RO N G M E M B E R
L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

P G _ 11

Pa rtners

In 2O11, Nike and the

C or p or at e pa rtn e rs

Foundation reached a

in our mission to inspire and empower people affected

new milestone together:

raising more than 1OO
million dollars for the
fight against cancer.

We appreciate the support of corporations who believe

by cancer. Our 2011 corporate licensing partners
include: American Century Investments, Giro, Johnson
Health Tech, Nike, Oakley, RadioShack, Sporting Club,
thinksport, Trek and Demand Media.
.........................................................................
Mov e mb e r

Movember (Movember.org) is an international charity

movement that encourages men to grow moustaches
every November to raise awareness and funds for
mens health and cancer affecting men. In 2011, the
Foundation was proud to accept a $2.6 million donation
for the global fight against cancer from Movember.
.........................................................................
A M i l l i on- D o l l a r S h ot

In July 2011, for the sixth consecutive year, the American

Century Championship supported the Foundation as
the official tournament charity. At the celebrity golf
tournament, among sports and entertainment stars,
ex-Colorado Avalanche hockey star Joe Sakic fired
a hole-in-one on the 17th hole. That shot won him a
special $1 million prize from tournament sponsors, half
of which went to the Foundation.
.........................................................................
Prot e cti ng Your S k i n ; Fighting Canc e r

Last year thinksport launched its LIVESTRONG

non-toxic sunscreen. This mineral-based sunscreen
LIVESTRONG Sporting Park Debuts in Kansas City | In a first-of-its-kind partnership,

provides broad spectrum UVA and UVB protection,

Sporting Kansas City built a new stadium and gave the naming rights to the Foundation.
Now this 18,467-seat, $200 million, state-of-the-art soccer and entertainment facility is named
in honor of an organization devoted to survivors. Fans see a portion of sales go toward an
estimated $7.5 million contribution over five years to the Foundations mission. Follow stadium
events and news at LIVESTRONG SportingPark.com.

the highest-rated level of water resistance, no chemical

UV absorbers, no PABA, no parabens and no BPA. It
is the first sunscreen formulation to pass Whole Foods
Premium care requirements.

With the help of our partners, since 1997 we have raised nearly
$500 million for the fight against cancer.
L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

P G _ 12

L a n c e Ar m str o ng F o un d ati o n S tate m ent o f F in a n c i a l P o siti o n

December 31, 2011

Ass ets
Cash and Cash Equivalents.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $31,950,396

Investment Securities.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $16,899,829

Endowment Funds & Investments.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $33,736,365

Accounts Receivable.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,620,286

Deposits, Prepaids, and Intangible Assets.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,419,234

Inventory................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,799,011

Property and Equipment, Net.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,926,218

Total Assets.. .......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $109,351,339

Liabilities and Net Assets

Liabilities
Accounts Payable & Accrued Expenses.. . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,395,736

Grants Payable........ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,570,206

Deferred Revenue..... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $904,586

Total Liabilities.. ...... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5,870,528

Net Assets

Unrestricted............ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $85,787,802

Temporarily Restricted.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,852,878

Permanently Restricted.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $9,840,131

Total Net Assets.. ...... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $103,480,811

Total Liabilities and Net Assets.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $109,351,339

The figures on these pages depict the financial acitivities of the Lance Armstrong Foundation for the 2011 calendar year. Complete
copies of the audited financial statements are available upon request from the Lance Armstrong Foundation, 2201 East Sixth Street,
Austin, TX 78702, or on our website at LIVESTRONG.org.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

P G _ 13

O p er ati o n a l highlights

EVENT REVENUE

| $16,777,776

| $15,790,805

CONTRIBUTIONS

MANAGEMENT & GENERAL | $1,856,065

| $10,827,153

MERCHANDISE SALES
IN-KIND REVENUES

EDUCATION, PROGRAMS &

POLICY | $14,025,009

FUNDRAISING | $4,582,833

CAUSE MARKETING &

LICENSING

PROGRAM ACTIVITIES | $29,348,074

GRANTS | $10,056,217
ADVOCACY & GOVERNMENT
RELATIONS | $5,266,848

| $3,213,109

| $2,443,687

DIVIDENDS & INTEREST

| $2,039,175

82 cents of e ve ry dol l ar r ais e d ha s

gone dire ct ly to su p p ort p rogr ams a nd
s e rvi ces f or CANCE R surv ivors .
L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

P G _ 14

DO N O R S & L E AD E R S

7 Society

Lance Armstrong Foundation

Board of Directors

24 Hours of Booty

Lance Armstrong, Chairman | Austin, Texas

4 Yellow Foundation

Jeffery C. Garvey, Vice Chairman | Austin, Texas

Anonymous

Blaine P. Rollins, Secretary | Denver, Colorado

AMD

Michael Sherwin, Treasurer | Cleveland, Ohio

American Century Investments

Joseph C. Aragona| Austin, Texas

Sandra and Joe Aragona

J. Dennis Cavner| Austin, Texas

Lance Armstrong

Julian C. Day | Fort Worth, Texas

Tench Coxe and Simone Otus-Coxe

Harold P. Freeman, MD | New York, New York

Demand Media

Sanjay Gupta, MD| Atlanta, Georgia

Bonita and Jeff Garvey

David Johnson, MD | Dallas, Texas

Genentech

Mark McKinnon | Austin, Texas

Johnson Health Tech

Craig Nichols, MD | Portland, Oregon

Movember

Amelie G. Ramirez, Dr PH | San Antonio, Texas

Nike

Navdeep S. Sooch | Austin, Texas

Oakley

Mitchell Stoller| Annapolis, Maryland

Dr. Nancy and Larry OReilly

E. Lee Walker | Austin, Texas

RadioShack
Elizabeth and Blaine Rollins
Katie and Scott Schofield
Carol and Mike Sherwin
Eve and Ellis Short
Nav Sooch
Trek Bicycle
Laura and Casey Wasserman
The 7 Society recognizes individuals and organizations who have made an extraordinary financial commitment to the Foundation.
Each member of this group has a cumulative giving commitment totaling $1 million or more to the global fight against cancer.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

P G _ 15

N a m e d a n d E n d o we d S p e c i a l Pur p o se F un d s

All Balls Golf Charity Endowment

$26,748

Karen and Everett Cook Endowment Fund

$276,481

American Century Investments Endowment Fund

$447,781

Kawaja/Holcombe Family Fund

$31,715

Andrea Leigh Tomlinson - Planet Cancer Fund

$302,829

Kaya Knerly Endowment Fund

$27,656

Betsy H. Schofield Memorial Fund

$815,248

Keizo Shimano Memorial Fund

$28,064

Christine Pratt Memorial Fund

Coxe Family Fund

$27,136
$1,087,329

CVCCA - Parkers Team

$56,129

Dan L. Jones and Janet Gifford North Endowment

$26,997

Dana Jay Lesnever Memorial Fund

$36,179

David Knaggs Endowment

$49,798

Dell Childrens Hospital Gift

in Honor of Sandra Aragona

$272,680

Larry and Dr. Nancy OReilly, Lauran,

Leigh, Ragan Family Fund

$1,465,187

Leanne Jones LIVESTRONG Memorial Fund

$28,064

Lydia Hunter-Reay Memorial Fund

$25,055

Marshall G. Lutz Endowment Fund

$50,000

Martha Southern Hirsch Memorial Fund

$28,064

McKinnon Family Fund

$26,771

Michael W. Lotz Memorial Fund

$70,913

Dick Dyhrman Memorial

$29,046

Nike Endowment Fund

$100,656

Elizabeth Lausmann Jacobs Memorial Fund

$25,340

Oakley Endowment Fund

$523,522

Gupta Family Fund

$26,429

Pledged and Undesignated

$107,158

Hammer Family Fund

$38,546

Pledged, Paid & Undesignated

$30,173

Hecht Fund

$25,000

RadioShack Endowment Fund

$100,656

HendlerLaw LIVESTRONG Legacy Fund

$4,914

Ronette Espinoza Memorial Fund

$26,429

In Honor of Betty Otter-Nickerson

$53,426

Ryan Phua Memorial Fund

$458,292

In Honor of Kathleen B. & James N. Sherwin

$36,638

Stephanie Robins Memorial Fund

$612,472

In Honor of Lawrence S. Larry Dolin

$25,000

The Armstrong Family Fund

$1,094,588

In Honor of Michael R. Henry

$28,064

The Bill Passey Family Fund

$27,703

In Honor of Rainbow Babies and

Childrens Hospital, Cleveland, OH

The Hamilton Jordan Fund

$98,226

$28,721

The Lee Family Fund

$53,062

In Honor of Renee Nicholas

$36,995

In Honor of Sharon Mooney

$31,191

In Honor of Stephen M. OLeary

$224,515

In Honor of the Staff of the

Lance Armstrong Foundation

$96,690

In Honor of Thomas F. Slater

$30,871

Jeannette J. Jehl Memorial Fund

$99,085

Jennifer Smith Collison & Ward Smith

Memorial Fund

$28,491

The Rollins Family Fund

$188,518

The Sophia Kolevich Remembrance Fund

$29,271

The Ulman Family Endowment

$27,818

The Wade F. B. Thompson Endowment Fund

$100,656

Undesignated Endowment Funds

$185,143

The endowment provides donors with the opportunity to make gifts to the Foundation that are more permanent in nature, and
at the same time to create a personal endowment in honor or memory of a loved one, a friend or for any purpose that is aligned
with our mission.

L A N C E A R M S T R O N G F O U N DAT I O N | 2 0 11 Annu a l R e p o rt

THANK YOU AND

LIVESTRONG