Lance Armstrong's cancer foundation could lose money
Philanthropy experts predict that Armstrong's cancer foundation, which has raised over $325 million, could lose donations if his name is embroiled in scandal.
The foundation, Livestrong, which was founded in 1997 after Armstrong survived cancer, is one of the top 10 groups funding cancer research in the United States.
Federal investigators have been investigating Armstrong since his former teammate, Floyd Landis, admitted to using performance-enhancing drugs and accused Armstrong of doing the same. Armstrong has vehemently denied Landis' allegations.
-- Melissa Rohlin
Photo: Lance Armstrong. Credit: Christophe Ena / Associated Press.