Nike co-founder Phil Knight to donate $2 billion to OHSU cancer institute
Phil Knight
Matthew Staver | Bloomberg | Getty Images
Nike According to the Knight Foundation, its founding partner Phil Knight donates $ 2 billion to the Knight Cancer Institute, Oregon Health and Science University, the biggest donation to the US University, College or Health Institution.
On Thursday, the Foundation said the gift to be used to shift the scientific approach to cancer treatment, research and patient care results.
As part of the gift, the knights cancer research pioneer. He will have a partnership with Brian Druker.
Ten years ago, Druker and OHSU assumed the difficulty of collecting $ 500 million for cancer research and the knights matched an increase of dollars for the dollar.
“We are grateful for the opportunity to invest in the next stage of the vision of revolutionary cancer research, diagnosis, treatment, maintenance and one day eradication,” Phil and Penny Knight said. He said. “We were not more excited about the transformational potential of this study for humanity.”
Phil and Penny Knight, Ohsu Knight Cancer Institute. With Brian Druker.
Ohsu Knight with the permission of the Cancer Institute.
Knight’s wealth stems from his success with Swoosh, the company he founded in 1964.
Initially called Blue Ribbon Sports, the business began with humbleness and Knight sold her sneakers from the luggage of her car, as she described in “Shoes Dog” in memory of 2016.
Nike was opened to the public in December 1980 and quickly became the most dominant sneakers brand and became a partner with the best athletes throughout the sports.
Nike shares increased by about 30,500%during the retirement of Knight to the retirement of June 2016 during the retirement of the public offering.
Although Nike Stock has spent several years, it has fell more than 50% than the summit at the end of 2021, but continues to be the most valuable public company that is more than $ 110 billion in athletic shoes.
Knights regularly find the best philanthropists in the lists of the best philanthropists. In May, Zaman Magazine In 2024, he estimated that his life gave $ 3.6 billion, with $ 370 million in 2024.
Accordingly Knight Foundation’s latest tax documents At the end of 2023, the Foundation organized more than $ 5 billion assets.
In his memoirs of 2016, Knight said, “I wanted to build something that was myself, I wanted to build something I could point out and say: I did this. That was the only way to make life meaningful.” He said.
Correction: The title in this story was updated to correct that Phil Knight donated to Oregon Health and Science University Knight Cancer Institute. A previous version of the institution misunderstood.
