HomeEnglishBusinessNike co-founder Phil Knight to donate $2 billion to OHSU cancer institute

Nike co-founder Phil Knight to donate $2 billion to OHSU cancer institute

Phil night

Matthew Stave | Bloomberg | Getty images

Nike Co-founder Phil Knight is donating $ 2 billion to the Night Cancer Institute of Oregon Health and Science University, which is the greatest donation for American University, College or Health Institute according to the Night Foundation.

The Foundation stated that the gift will be used on Thursday to move scientific approach to cancer treatment, research and patient care results.

As part of the gift, Nights Cancer Research Pioneer Dr. Brian will partner with Druker.

A decade ago, Druker and OHSU took the challenge of raising $ 500 million for cancer research, and the knights signed to match the dollar-for-dollar.

Phil and Penny Knight said in a statement, “We are grateful to the opportunity to invest in the next phase of cancer research, diagnosis, treatment, care and some day, the re -drew of elimination.” “We cannot be more excited about the transformative ability of this work for humanity.”

Dr. of Ohsu Night Cancer Institute. Phil and Penny Knight with Brian Drekar.

Courtesy of OHSU Night Cancer Institute.

The fate of Knight stems from his success with the company, the company established in 1964.

Originally called Blue Ribbon Sports, the business began politely, with the night selling sneakers from the trunk of his car, as he narrated in his 2016 memoir, “Shu Dog”.

Nike became public in December 1980 and quickly became the most prominent sneaker brand, participating with some top athletes of the game.

During the tenure of Knight in a public company, Nike shares increased by about 30,500%, from their IPOs to the retirement of June 2016.

Although Nike Stock was painful over a few years, at a distance of more than 50% from its peak in late 2021, it remains the most valuable public company in athletic footwear, priced more than $ 110 billion.

The knights are regularly found in the list of top -philanthropists. In May, Time magazine It was estimated that his lifetime has been given $ 3.6 billion, with $ 370 million gifts in 2024 alone.

As Latest Documents of Knight Foundation The Foundation organized assets worth more than $ 5 billion at the end of 2023.

Night said in its 2016 memoir, “I wanted to make something that was my own, something I could poin and said: I had made it. This was the only way I saw to make life worthwhile.”

Correction: The title on this story has been updated to correct that Phil Knight is donating to the night cancer institute of Oregon Health and Science University. A previous version denied the institution wrong.

Source link

RELATED ARTICLES
- Advertisment -

Most Popular