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Nike cofounder gives $1bn to University of Oregon in historic donation

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    Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education

    Phil and Penny Knight are funding a new engineering college at the University of Oregon, the largest known gift to a U.S. public flagship university.

    FortuneFortune•Sydney Lake
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    Nike cofounder gives $1bn to University of Oregon in historic donation

    Phil Knight and wife, Penny, make largest known donation to a flagship university to fund a new engineering school Nike cofounder Phil Knight, and his wife, Penny, have donated $1bn to the University of Oregon in what is believed to be the largest known donation to a flagship university. The donation, which was first reported by local Oregon media and the New York Times , will go toward the creation of a new engineering school in Eugene. Continue reading...

    The GuardianThe Guardian•Anna Betts