Lance Armstrong Foundation LIVESTRONG Annual Report
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Transcript of Lance Armstrong Foundation LIVESTRONG Annual Report
UNITY IS STRENGTH
LaNcE aRmSTRoNG FoUNdaTIoN
2o11 aNNUaL REpoRT
What can one organization based in austin, Texas, do in the global fight against cancer? more than we can imagine or predict—especially when we team up with visionary organizations and companies, passionate individuals and generous donors. Together, we’re fighting for the world’s 28 million cancer survivors. We don’t just have a mission; we’re 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.
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 diagno-
ses 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 world’s 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,
doUG ULmaN
president and cEo, Lance armstrong Foundation
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DeaR fRieNDS,
L a N c E a R m S T R o N G F o U N d aT I o N | 2 0 11 a N N U a L R E p o R T
The Lance armstrong Foundation (Foundation) helps
anyone affected by cancer—whether the person reach-
ing out to us has cancer or they are a caregiver, family
member or friend of someone diagnosed.
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CaNCeR NaviGaTiON SeRviCeS
Navigation means making your way through the health
care system and the cancer journey overall. our free
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
• Treatment concerns
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LIVESTRONG CaNCeR NaviGaTiON CeNTeR
In 2011, we had an ambitious goal: to complement our
existing online and phone support for cancer survivors
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.
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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. —LaNcE aRmSTRoNG
iN aUSTiN, we aNTiCipaTeD SeRviNG 5OO peOple; we helpeD mORe ThaN
NaTiONally, we have SaveD OUR ClieNTS OveR
iN peRSONal COSTS
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OUR NaviGaTiON paRTNeRS
partnerships with a few key organizations allow us to
provide comprehensive navigation services. The follow-
ing partners make our holistic approach possible.
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• patient advocate foundation—serves 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.
• emergingmed—the LIVESTRONG clinical Trial
matching Service (powered by Emergingmed)
assists cancer patients and their families in locating
treatment options.
• imerman angels—facilitates peer-to-peer connec-
tions for cancer survivors and caregivers.
• Navigate Cancer foundation—expert cancer nurses
help patients become empowered, educated and
an active member of their own health care team.
• fertile hope—dedicated to providing reproduc-
tive information and financial support to cancer
patients and survivors whose medical treatments
present the risk of infertility.
NaVIGaTIoN
L a N c E a R m S T R o N G F o U N d aT I o N | 2 0 11 a N N U a L R E p o R T
alliaNCe
Each year the alliance
brought together advocacy
organizations, health care
providers and representatives
from government agencies to
encourage collaboration and
build a referral network of direct
services. alliance members
provided 81,892 direct services
to aYas; 887,998 aYas were
reached overall.
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hiSpaNiCS/laTiNOS
cancer is the second leading cause of death among
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 Foundation’s
cancer navigation services, primarily among Spanish-
dominant 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.
LIVESTRONG pROmOTOReS pROGRam
This training for community health workers focuses on
the physical, emotional and day-to-day concerns of His-
panic cancer survivors. By partnering with community
health workers, we provide cancer care information and
support to an historically underserved population.
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aDOleSCeNTS 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 rec-
ommendations for a national agenda of change in how
we treat aYas with cancer.
Subsequently, we formed the LIVESTRONG Young
adult alliance (alliance), which supported ongoing
collaboration and progress through a five-year strategic
plan. at the plan’s 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.
227LIVESTRONG pROmOTOReS weRe TRaiNeD,
ONliNe aND iN peRSON
They ShaReD LIVESTRONG SeRviCeS wiTh
16,624hiSpaNiCS
112ORGaNiZaTiONS
2ooiNDiviDUalS
887,998ayas ReaCheD OveRall
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.
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fiGhTiNG STiGma iN SOUTh afRiCa
The Foundation’s research revealed there is a pervasive
stigma about cancer—not just in a few countries, but
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 implement-
ing partner John Snow, Inc. and other partners, created
a first-of-its-kind effort to raise awareness about the
disease, improve knowledge about treatment and chal-
lenge 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).
SURvivOR empOweRmeNT
The Foundation and the american cancer Society
were proud to support South africa’s first-ever cancer
Survivor Forum, planned by campaigning for cancer,
on may 12–13, 2011. The Forum provided an opportu-
nity 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,
which will be developed and promoted by a diverse set
of stakeholders and will benefit all South africans
affected by this disease... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
mexiCO
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
relations. our work in mexico began in 2011 and is still in
progress; we will report on the results in 2012. Ultimately,
the Foundation plans to create an adaptable model to
reduce cancer stigma that can be replicated in countries
around the world.
41%heaRD a RaDiO ShOw OR aD abOUT CaNCeR
21%iNCReaSe iN kNOwleDGe Of ChemOTheRapy
45%whO haD heaRD CaNCeR meSSaGeS iN The laST yeaR
ReSpONDeD ThaT They leaRNeD SOmeThiNG
New OR DiD SOmeThiNG DiffeReNTly abOUT CaNCeR
m e x i C O
S O U T h a f R i C a
TaRGETEd oUTREacH
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Of SURvey ReSpONDeNTS
expeRieNCeD aT leaST
ONe pOST-TReaTmeNT
CONCeRN—phySiCal,
emOTiONal OR pRaCTiCal.
SURvivORShip ReSeaRCh
We believe the patient should
be the focus of research and
care. This patient-centered
approach results in cancer
survivors receiving the help
they need now.
TheRe iS GOOD NewS
more people are surviving cancer than ever before.
There are approximately 12 million cancer survivors
alive in the United States today, and that number is
expected to grow to more than 18 million by 2020.
However, work remains to be done. our research has
shown us that even after treatment ends, the chal-
lenges do not. many cancer survivors continue to
experience physical, emotional and practical concerns,
but they do not always get the help they need.
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“i leaRNeD TO live wiTh iT”
iS NOT 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. alarm-
ingly, 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 under-
stand the experience of post-treatment survivorship.
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pUTTiNG The paTieNT fiRST:
The eSSeNTial elemeNTS Of
pOST-TReaTmeNT SURvivORShip CaRe
on September 15–16, 2011, the Foundation convened
the Essential Elements of Survivorship care meeting
in Washington, d.c. The goal was to collaborate with
key stakeholders to determine what cancer survivors
need after treatment ends. more than 150 community
leaders, experts, cancer survivors and advocates agreed
on 20 essential elements of survivorship care delivery.
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 TOp eSSeNTial elemeNT
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 LIVESTRONGcareplan.org.
The Essential Elements should be available in every community—a bill of rights for cancer survivorship. —ESSENTIaL ELEmENTS mEETING paRTIcIpaNT
RESEaRcH
L a N c E a R m S T R o N G F o U N d aT I o N | 2 0 11 a N N U a L R E p o R T
TIER 1: coNSENSUS ELEmENTS
• Survivorship care plan, psychosocial care plan and treatment summary
• Screening for new cancers and surveillance for recurrence
• Care coordination strategy, which addresses care coordination with primary care physicians and primary oncologists
• health promotion education
• Symptom management and palliative care
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By using individual strengths, goals and interests,
anyone can fight for a world without cancer. We offer
opportunities to take action globally, nationally and
locally—online or on the streets. These are some of the
ways our supporters took action in 2011.
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aDvOCaCy
an essential part of our work standing up for people
affected by cancer is our active involvement in forward-
looking 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
access to quality cancer care, that federal investments
in cancer research and programs don’t lose funding
and that tobacco control measures are strengthened
around the globe.
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iNveSTiNG iN CaNCeR ReSeaRCh aND
pReveNTiON iN TexaS iSN’T a lUxURy;
iT’S a NeCeSSiTy
our organization led a statewide initiative (proposition
15) in 2007, which resulted in the cancer prevention
and Research Institute of Texas (cpRIT). cpRIT will
leverage $3 billion over the next 10 years to focus
on innovative research to eradicate cancer. Voters
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 con-
tinuing economic downturn. In 2011, we successfully
fought to maintain full funding for cpRIT’s initiatives.
To date cpRIT has awarded 350 grants, totaling more
than $570 million, to fund innovations in the areas of
prevention, research and commercialization.
p R O G R e S S
TexaS aDvOCaCy Day | advocate Jon Binsted shares his story with Jennifer deegan from the
office of Texas Speaker of the House Joe Straus. Binsted and others visited leaders in the Texas
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.
When I was diagnosed, I didn’t have the insurance, and I didn’t have the money available to get the testing done. The funding probably saved my life. I don’t know what I would have done without it.—paTRIcIa SToLL, BREaST caNcER SURVIVoR aNd BENEFIcIaRY oF cpRIT FUNdING
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53 cpRIT GRaNT REcIpIENTS REpoRTEd
• more than 77,000 people received education, outreach and navigation services.
• 27,381 (58%) never before screened
• 2,718 abnormal screening results
• 244 precursors detected (81 never before screened)
• 166 cancers detected (53 never before screened)
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COmmUNiTy impaCT pROjeCT
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
• camp Kesem
• LIVESTRONG at the Ymca
Read more at LIVESTRONG.org/community.
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makiNG CaNCeR a GlObal healTh pRiORiTy
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 diabe-
tes. The increased incidence of these diseases is on the
verge of becoming a global health crisis.
faCe Up 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 organi-
zations hope that by shining the light on the need
to fight Ncds at the highest political levels, then the
international community—global health leaders, heads
of government and others—will take action.
COmmUNiTy impaCT pROjeCT
34o,ooo vOTeS CaST
OveR
$84o,oooiN GRaNTS DiSTRibUTeD
adVocacY
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p h i l a N T h R O p y
Team LIVESTRONG: walk, RUN, RiDe, Swim
Team LIVESTRONG members don’t 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.
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paRTNeReD eveNTS
Skiing, golf tournaments, bike rides, fashion shows,
climbing mount Kilimanjaro—these 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. olym-
pian/World cup athlete in the Steamboat Ski area
• SURVIVoR SUmmIT—preparation for a 2012
climb of mt. Kilimanjaro, the world’s tallest free-
standing mountain
• 24 HoURS oF BooTY—an event that features
24 straight hours of cycling in charlotte, Indianapo-
lis, columbia and atlanta
one of my favorite moments was crossing the finish line of the Boston marathon—and doing it just days after completing treatment for cancer. as a three-time survivor, LIVESTRONG means not letting cancer define me. —TEam LIVESTRONG mEmBER
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CORpORaTe paRTNeRS
We appreciate the support of corporations who believe
in our mission to inspire and empower people affected
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.
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mOvembeR
movember (movember.org) is an international charity
movement that encourages men to grow moustaches
every November to raise awareness and funds for
men’s 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.
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a milliON-DOllaR ShOT
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.
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pROTeCTiNG yOUR SkiN; fiGhTiNG CaNCeR
Last year thinksport launched its LIVESTRONG
non-toxic sunscreen. This mineral-based sunscreen
provides broad spectrum UVa and UVB protection,
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.
iN 2O11, Nike aND The
fOUNDaTiON ReaCheD a
New mileSTONe TOGeTheR:
RaiSiNG mORe ThaN 1OO
milliON DOllaRS fOR The
fiGhT aGaiNST CaNCeR.
LIVESTRONG SpORTiNG paRk DebUTS iN kaNSaS CiTy | In a first-of-its-kind partnership,
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 Foundation’s mission. Follow stadium
events and news at LIVESTRONGSportingpark.com.
With the help of our partners, since 1997 we have raised nearly $500 million for the fight against cancer.
paRTNERS
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L a N c E a R m S T R o N G F o U N d aT I o N S TaT E m E N T o F F I N a N c I a L p o S I T I o N
december 31, 2011
aSSeTS
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 d aT I o N | 2 0 11 a N N U a L R E p o R T
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o p E R aT I o N a L H I G H L I G H T S
82 CeNTS Of eveRy DOllaR RaiSeD haS
GONe DiReCTly TO SUppORT pROGRamS aND
SeRviCeS fOR CaNCeR SURvivORS.
PROGRAM ACTIVITIES | $29,348,074
FUNDRAISING | $4,582,833
MANAGEMENT & GENERAL | $1,856,065
EDUCATION, PROGRAMS &
POLICY | $14,025,009
GRANTS | $10,056,217
ADVOCACY & GOVERNMENT
RELATIONS | $5,266,848
EVENT REVENUE | $16,777,776
CAUSE MARKETING &
LICENSING | $15,790,805
CONTRIBUTIONS | $10,827,153
MERCHANDISE SALES | $3,213,109
IN-KIND REVENUES | $2,443,687
DIVIDENDS & INTEREST | $2,039,175
L a N c E a R m S T R o N G F o U N d aT I o N | 2 0 11 a N N U a L R E p o R T
LaNcE aRmSTRoNG FoUNdaTIoN bOaRD Of DiReCTORS
Lance armstrong, chairman | austin, Texas
Jeffery c. Garvey, Vice chairman | austin, Texas
Blaine p. Rollins, Secretary | denver, colorado
michael Sherwin, Treasurer | cleveland, ohio
Joseph c. aragona | austin, Texas
J. dennis cavner | austin, Texas
Julian c. day | Fort Worth, Texas
Harold p. Freeman, md | New York, New York
Sanjay Gupta, md | atlanta, Georgia
david Johnson, md | dallas, Texas
mark mcKinnon | austin, Texas
craig Nichols, md | portland, oregon
amelie G. Ramirez, dr pH | San antonio, Texas
Navdeep S. Sooch | austin, Texas
mitchell Stoller | annapolis, maryland
E. Lee Walker | austin, Texas
7 SOCieTy
24 Hours of Booty
4 Yellow Foundation
anonymous
amd
american century Investments
Sandra and Joe aragona
Lance armstrong
Tench coxe and Simone otus-coxe
demand media
Bonita and Jeff Garvey
Genentech
Johnson Health Tech
movember
Nike
oakley
dr. Nancy and Larry o’Reilly
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.
p G _ 14
d o N o R S & L E a d E R S
L a N c E a R m S T R o N G F o U N d aT I o N | 2 0 11 a N N U a L R E p o R T
p G _ 15
all Balls Golf charity Endowment $26,748
american century Investments Endowment Fund $447,781
andrea Leigh Tomlinson - planet cancer Fund $302,829
Betsy H. Schofield memorial Fund $815,248
christine pratt memorial Fund $27,136
coxe Family Fund $1,087,329
cVcca - parker’s 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 children’s Hospital Gift
in Honor of Sandra aragona $272,680
dick dyhrman memorial $29,046
Elizabeth Lausmann Jacobs memorial Fund $25,340
Gupta Family Fund $26,429
Hammer Family Fund $38,546
Hecht Fund $25,000
HendlerLaw LIVESTRONG Legacy Fund $4,914
In Honor of Betty otter-Nickerson $53,426
In Honor of Kathleen B. & James N. Sherwin $36,638
In Honor of Lawrence S. “Larry” dolin $25,000
In Honor of michael R. Henry $28,064
In Honor of Rainbow Babies and
children’s Hospital, cleveland, oH $28,721
In Honor of Renee Nicholas $36,995
In Honor of Sharon mooney $31,191
In Honor of Stephen m. o’Leary $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
Karen and Everett cook Endowment Fund $276,481
Kawaja/Holcombe Family Fund $31,715
Kaya Knerly Endowment Fund $27,656
Keizo Shimano memorial Fund $28,064
Larry and dr. Nancy o’Reilly, 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
Nike Endowment Fund $100,656
oakley Endowment Fund $523,522
pledged and Undesignated $107,158
pledged, paid & Undesignated $30,173
RadioShack Endowment Fund $100,656
Ronette Espinoza memorial Fund $26,429
Ryan phua memorial Fund $458,292
Stephanie Robins memorial Fund $612,472
The armstrong Family Fund $1,094,588
The Bill passey Family Fund $27,703
The Hamilton Jordan Fund $98,226
The Lee Family Fund $53,062
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
N a m E d a N d E N d o W E d S p E c I a L p U R p o S E F U N d S
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 d aT I o N | 2 0 11 a N N U a L R E p o R T
ThaNk yOU aND
LIVESTRONG