Livestrong Foundation founded by Lance Armstrong, Nike part ways AUSTIN, Texas, May 28 (UPI) -- The Livestrong Foundation, the cancer charity founded by Lance Armstrong, Tuesday announced its relationship with footwear and apparel maker Nike has ended. The nine-year relationship between Nike and Livestrong helped raise more than $100 million and turned the foundation's yellow wristband into an iconic symbol for cancer survivors, The Los Angeles Times reported. A statement by officials of Livestrong, headquartered in Austin, Texas, expressed gratitude to Nike, saying, "Together we created new, revolutionary ways of thinking about how non-profits fuel their mission, and we're proud of that." Nike had already separated itself from Armstrong after the U.S. Anti-Doping Agency exposed his part in a cycling team doping program, the newspaper said.