Nike Founder Phil Knight Declares Historic $2 Billion Donation initially appeared on The Spun.
Phil Knight, the co-founder and chairman of Nike, made a record-breaking donation this week that ought to make loads of folks smile.
Knight and his spouse, Penny, gifted $2 billion to the Oregon Well being & Science College’s Knight Most cancers Institute. Based on Thursday’s press launch, the plan is to spend money on “most cancers analysis, analysis, remedy, care, and a few day, eradication.”
The Knight household’s $2 billion funding will go down as the most important donation a U.S. academic establishment has ever obtained.
“This reward is an unprecedented funding within the hundreds of thousands of lives burdened with most cancers, particularly sufferers and households right here in Oregon,” OHSU President Shereef Elnahal mentioned. “Additionally it is a sign of belief within the superlative work that our clinicians, researchers and teammates on the Knight Most cancers Institute do every single day. Dr. Druker’s imaginative and prescient round a multidisciplinary system of care — targeted squarely on making the affected person’s expertise seamless from the second they obtain a analysis — will now grow to be actuality. And due to the extraordinary generosity of Mr. and Mrs. Knight, Oregon would be the place to do it.”
BERKELEY, CA – SEPTEMBER 29: Chairman Emeritus of Nike, Inc., Phil Knight watches because the Oregon Geese play towards the California Golden Bears within the fourth quarter of their sport at Memorial Stadium in Berkeley, Calif., on Saturday, Sept. 29, 2018. Oregon defeated Cal 42-24. (Jose Carlos Fajardo/Digital First Media/The Mercury Information through Getty Pictures)MediaNews Group/The Mercury Information through Getty Pictures/Getty Pictures
Phil and Penny have labored with Brian Druker and the Knight Most cancers Institute’s staff up to now, in order that they clearly felt assured giving them $2 billion.
“Penny and Phil Knight have all the time challenged us to do what nobody else is doing,” Dr. Druker mentioned. “It might appear inconceivable to navigate the well being care system after being identified with most cancers. We’re going to vary that. We’ve got revolutionized the way in which we detect and deal with most cancers. Now we’re going to remodel the way in which we look after sufferers whereas persevering with to develop revolutionary remedies.”
Hopefully, this groundbreaking donation from the Knight household might be a game-changer for most cancers analysis all over the world.
Nike Founder Phil Knight Declares Historic $2 Billion Donation first appeared on The Spun on Aug 14, 2025
This story was initially reported by The Spun on Aug 14, 2025, the place it first appeared.