A spokeswoman for the Livestrong Foundation Katherine McLane has told Reuters that the cyclist Lance Armstrong remains the organisations "inspiration".
The 41-year-old is still the biggest donor to the cancer charity having contributed $7 million.
Ms McLane also confirmed that the cyclist will remain involved despite resigning from the Board of Directors.
A 30ft effigy of the disgraced cyclist wearing a Jim'll Fix It badge will be torched in front of thousands of people on Saturday night.
The UCI confirmed Lance Armstrong's lifetime ban and stripping of his Tour titles, but defended itself in cycling's "worst" doping scandal.
Nike has dropped their sponsorship deal with Lance Armstrong as the disgraced cyclist quits his own charity.