Phil Knight, Ex-Nike Chief, and His Wife Pledge $2 Billion to Oregon Cancer Center

Phil Knight, the former chairman and co-founder of Nike, and his wife Penny have pledged a staggering $2 billion donation to the Oregon Health & Science University (OHSU) Cancer Institute. This gift, the largest single donation to a higher-education institution in the United States, will be used to establish the Knight Cancer Institute and fund cutting-edge cancer research and treatment programs. The Knight's donation reflects their long-standing commitment to supporting cancer research and improving patient outcomes. The funds will be used to recruit the world's leading cancer researchers, expand clinical trials, and develop innovative cancer therapies. This transformative gift is expected to have a significant impact on the fight against cancer, both locally and globally. The partnership between the Knights and OHSU underscores the important role that private philanthropy can play in advancing medical research and enhancing patient care. This landmark donation is a testament to the Knights' generosity and their belief in the power of science and medicine to improve lives.