Through his nonprofit, the Lance Armstrong Foundation, Armstrong could become even more involved in road races and triathlons.
The Lance Armstrong Foundation is one of more than 30 outside groups who helped craft the new legislation.
This athlete, who survived testicular cancer, is also the founder of the Lance Armstrong Foundation, a cancer-awareness organization.
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"Our donations have increased to nearly double their usual amount since August, " said Katherine McLane, spokeswoman for the Lance Armstrong Foundation.
McLane said 82% of funds raised by the Lance Armstrong Foundation, the charity's official name, are devoted to programs and services that benefit survivors and their families.
The Livestrong Foundation, the cancer charity formerly known as the Lance Armstrong Foundation, issued a statement after the interview saying it was "disappointed" that Mr. Armstrong lied.
Komen for the Cure and the Lance Armstrong Foundation, is doing research that engages the community to help them make better health choices and break down cancer barriers.
He raised millions via his Lance Armstrong Foundation to help cancer victims and survivors, an effort illustrated by trendy yellow "LiveSTRONG" wristbands that helped bring in the money.
Originally called the Lance Armstrong Foundation, the cyclist created it the year after he was diagnosed with a form of testicular cancer that had spread to his brain and lungs.
Even the Lance Armstrong Foundation is seeing increased numbers.
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He serves as a diplomat of the American Board of Neurosurgery, is a certified medical investigator, and is a board member of the Lance Armstrong LiveStrong Foundation.
With his work at the Livestrong Foundation, Lance Armstrong has not only enriched himself and his reputation.
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Focusing on the millions of individuals (not named Lance Armstrong) who support the Foundation will also help Livestrong continue to grow.
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These statistics reveal the true identity of the Livestrong Foundation, and that identity is not tied to Lance Armstrong.
FORBES: The Livestrong Foundation Will Live On Despite Lance Armstrong's Demise
The Livestrong Foundation was established in 1997 by co-founder Lance Armstrong.
FORBES: The Livestrong Foundation Will Live On Despite Lance Armstrong's Demise
"Lance Armstrong has chosen to voluntarily resign from the board of directors of the Livestrong foundation to spare the organization any negative effects as a result of controversy surrounding his cycling career, " read a statement from the foundation's chairman, Jeff Garvey.
Lance Armstrong may be stripped of his trophies, his endorsements, and even his titled positions in the Livestrong Foundation, but nobody in the world can take away what Lance has done to develop the Livestrong Foundation and give hope to millions in their fight against cancer.
FORBES: The Livestrong Foundation Will Live On Despite Lance Armstrong's Demise
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