Nike Co-Founder Gives $1 Billion to University of Oregon in Historic Donation
Phil Knight and his wife, Penny, make the largest known donation to a public university to fund a new engineering school.
TL;DR
- Phil and Penny Knight have donated $1 billion to the University of Oregon.
- The donation is designated for the creation of a new engineering school.
- This is reportedly the largest gift ever made to a comprehensive public university.
- The Knight family's total known giving to the University of Oregon now exceeds $2 billion.
- Previous large donations include $500 million in 2016 and $500 million in 2021 for the Knight Campus.
- The new engineering school will be located at the Phil and Penny Knight Campus for Accelerating Scientific Impact.
- The Knights have also recently made significant commitments to Providence St Vincent Medical Center and Oregon Health & Science University.