The Austin Chronicle

https://www.austinchronicle.com/news/2004-10-15/233329/

By the Numbers

The Lance Armstrong Foundation

October 15, 2004, News

The Armstrong Foundation began in 1997 with one part-time employee and one $30,000 grant.

(Year / Employees / Grants / Revenue)

1997 / 1 / 1 / na

1998 / 4 / 4 / $554,000

1999 / 4 / 5 / $1.5 million

2000 / 4 / 7 / $4.8 million

2001 / 9 / 25 / $9.8 million

2002 / 17 / 32 / $7.4 million

2003 / 28 / 81 / $11 million

2004 / 47 / 92* / $22 million*

* anticipated; there are 72 grants thus far; 20 more anticipated by the end of the year

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