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The Economic Times
The Economic Times

Nike co-founder Phil Knight gives alma mater University of Oregon $1 billion, biggest-ever public university gift after unscheduled call

Nike co-founder Phil Knight, and his wife, Penny, have donated $1bn to the University of Oregon. The institution has described it the “largest gift ever made to a comprehensive public university”. Phil Knight made the largest known donation to a public flagship university in the US and it surfaced from an unscheduled call. The donation is intended to be used to establish a new engineering school in Eugene. In an official statement, the university said the new school would “educate engineers and applied scientists in bioengineering and other high-demand disciplines, attract faculty and researchers to a growing campus, and accelerate the university’s ability to move discoveries out of the laboratory and into products, therapies, technologies and companies”.

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