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The foundation said it reduced its budget nearly 11 percent in 2013 to $38.4 million but said Tuesday that revenue is 2.5 percent ahead of projections. The foundation also noted that last month, it received a fourstar rating from Charity Navigator, which evaluates charities based on financial health, accountability and transparency. louis vuitton outlet cheap louis vuitton <a href="http://www.hhwholesale.com/tmp/">louis vuitton outlet</a> louis vuitton bags louis vuitton outlet

Nike ends contract with Lance Armstrong cheap louis vuitton louis vuitton bags <a href="http://www.hhwholesale.com/tmp/">cheap louis vuitton</a> louis vuitton outlet cheap louis vuitton

NEW YORK CNNMoney Nike Inc. and AnheuserBusch announced Wednesday, October 17th that they will end their contracts with Lance Armstrong, endorsement deals that once earned the embattled cycling star millions of dollars. AntiDoping Agency released reports that outlined the extent of doping allegations made against Armstrong when he won the Tour de France seven years in a row from 1999 to 2005. The USADA banned Armstrong from cycling for life and stripped him of the titles he earned during his 14year career, including those Tour wins. louis vuitton bags louis vuitton outlet <a href="http://www.hhwholesale.com/images/">louis vuitton bags</a> cheap louis vuitton louis vuitton bags

to the seemingly insurmountable evidence that Lance Armstrong participated in doping and misled Nike for more than a decade, it is with great sadness that we have terminated our contract with him, Nike said it a statement. does not condone the use of illegal performance enhancing drugs in any manner. marketing for AnheuserBusch, which had used Armstrong in ads to sell its Michelob beer. louis vuitton outlet cheap louis vuitton <a href="http://www.hhwholesale.com/images/">louis vuitton outlet</a> louis vuitton bags louis vuitton outlet

Nike will also take Armstrong name off of the fitness center on Nike campus in Oregon, according to KeJuan Wilkins, a spokesperson for the athletic gear maker. cheap louis vuitton louis vuitton bags <a href="http://www.hhwholesale.com/images/">cheap louis vuitton</a> louis vuitton outlet cheap louis vuitton

Both companies initially stood by Armstrong, even after he lost his titles. This summer, Nike said that the athlete stated his innocence and had been unwavering on his position. AnheuserBusch said he had inspired millions with his athletic achievement and his commitment to helping cancer survivors and their families. louis vuitton bags louis vuitton outlet <a href="http://www.hhwholesale.com/cache/">louis vuitton bags</a> cheap louis vuitton louis vuitton bags

The exact value of Armstrong deals with the two companies isn known, but Nike is the biggest spender on athlete endorsement deals in the world. Its annual report shows it has signed commitments for $3.2 billion worth of endorsement deals over the next five years. louis vuitton outlet cheap louis vuitton <a href="http://www.hhwholesale.com/cache/">louis vuitton outlet</a> louis vuitton bags louis vuitton outlet

Nike has stood by other embattled athletes. It still has a lucrative endorsement deal with golfer Tiger Woods, the one bigdollar contract Woods kept after his 2009 sex scandal. It also kept its deal with Kobe Bryant when he was was charged with sexual assault in 2003, charges that were eventually dropped at the request of his accuser. cheap louis vuitton louis vuitton bags <a href="http://www.hhwholesale.com/cache/">cheap louis vuitton</a> louis vuitton outlet cheap louis vuitton

takes pretty damning evidence for them to drop anybody. They about the most faithful company you can think of, said Bob Dorfman, an endorsement expert and executive creative director of Baker Street Advertising. AnheuserBusch move to drop Armstrong followed Nike by a matter of hours. louis vuitton bags louis vuitton outlet <a href="http://www.hhwholesale.com/tmp/">louis vuitton bags</a> cheap louis vuitton louis vuitton bags

An online poll by trade publication Advertising Age on Wednesday found 71% voting that Lance Armstrong name had been damaged beyond repair for brands. louis vuitton outlet cheap louis vuitton <a href="http://www.hhwholesale.com/tmp/">louis vuitton outlet</a> louis vuitton bags louis vuitton outlet

Armstrong had been a highly sought after spokesman for years. He made about $17.5 million in endorsements in 2005, the last year his earnings were tracked by Sports Illustrated Fortunate 50 list of the top paid active athletes. That put him as the eighth highest endorsement earner that year. cheap louis vuitton louis vuitton bags <a href="http://www.hhwholesale.com/tmp/">cheap louis vuitton</a> louis vuitton outlet cheap louis vuitton

His endorsement deals have decreased since he retired from sports in early 2011. Nike and Michelob were two of the last high profile deals he still had, along with Radio Shack. Last week when the detailed report on Armstrong was released, Nike and Anheuser Busch both said their relationship with him had not changed, while Radio Shack said it was monitoring the situation. Radio Shack, which had a fundraising deal with Armstrong Livestrong cancerfighting charity, would only say Wednesday that it did not have a relationship with Armstrong personally, but it would not detail whether the scandal had ended a previous deal. louis vuitton bags louis vuitton outlet <a href="http://www.hhwholesale.com/images/">louis vuitton bags</a> cheap louis vuitton louis vuitton bags

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