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The Guardian - US
The Guardian - US
World
Anna Betts

Nike co-founder gives $1bn to University of Oregon in historic donation

a man in a suit jacket and sunglasses smiles outside
Phil Knight, the Nike co-founder, at the Sun Valley conference in Idaho in July 2019. Photograph: Patrick T Fallon/Bloomberg via Getty Images

Nike co-founder Phil Knight, and his wife, Penny, have donated $1bn to the University of Oregon in what the institution described as the “largest gift ever made to a comprehensive public university”.

The donation is intended to be used to establish a new engineering school in Eugene. In a news release seen by the Guardian, 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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