Ultimate Cycling Challenge/Scott Spence Memorial Fund
Our programmatic mission is invaluably funded in part by each endowment fund. Every gift to Livestrong represents a personal connection and a compelling story, and we are deeply grateful for these gifts, connections, and stories that affirm the value of what we do.
Livestrong utilizes a sound investment strategy to manage its endowment which is overseen by a seasoned corps of leading investment professionals. This strategy has both optimized the growth of the endowment while also providing a stable source of income to support current operations. In order to meet today's needs while protecting tomorrow's resources, the Livestrong Revenue Development Committee maintains an investment policy using the "prudent person" standard to make both investment and spending decisions.
On behalf of all cancer survivors who have benefited from this fund, please accept our heartfelt appreciation for your generous gifts and continued dedication to Livestrong and the fight against cancer.