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The CEO of Livestrong, the anti-cancer foundation established by disgraced cyclist Lance Armstrong, believes Livestrong can move forward even after Armstrong's admission to Oprah Winfrey of doping during his cycling career, and continue to be a viable organization despite the tarnished name of its famous founder. 

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(Photo: Chris Pizzello / AP file)

By the end of the year, the $4.05 billion sale of Lucasfilm to Disney should be finalized. And since George Lucas owns 100 percent of his company - which has little to no debt — all that money goes to him.

After that, Lucas plans to quickly put the bulk of the money into a foundation which will primarily focus on educational issues, a spokesperson for Lucasfilm tells THR.

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