Nike Co-Founder Pledges $100M to Cancer Research
Filed under: Big Givers
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Nike co-founder Philip Knight and his wife Peggy have recently pledged $100 million towards the Oregon Health and Science University -- specifically its Cancer Institute, which will soon be renamed after the Knights. The bulk of the funds will go towards hiring additional physicians and researchers, according to OHSU director Dr. Brian Druker, and $2 million of the Knights' gift is earmarked for new research labs to be named after a friend of theirs who died of breast cancer this year, Linda Conant.
You can see Dr. Drucker respond to the Knights' gift, one he says "will save lives."
Philip Knight's wealth is estimated at $10.5 billion, and he has donated similar major gifts to such institutions as the University of Oregon (his alma mater) and Stanford University.
[via The Chronicle of Philanthropy]
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