AUSTIN, Texas -- The Livestrong charity Lance Armstrong founded says it expects the disgraced cyclist was "completely truthful and forthcoming" in his interview with Oprah Winfrey.

Armstrong admitted to Winfrey using performance-enhancing drugs during his career after years of denials. The interview taped Monday is scheduled to be broadcast Thursday and Friday.

Armstrong founded the charity in 1997 but stepped down as chairman and left the board of directors late last year after a U.S. Anti-Doping Agency report detailed a complex doping program on Armstrong's U.S. Postal Service teams.

Armstrong was stripped of his seven Tour de France titles and banned from sport for life.

In a statement Wednesday morning, Livestrong said it had "charted a strong, independent course forward" and remained confident about its future.