What's Happening?
Phil Knight, co-founder of Nike, and his wife Penny have made a significant philanthropic contribution, donating $2 billion to Oregon Health & Science University (OHSU). This donation is aimed at expanding
clinical trials and basic cancer research at the Knight Cancer Institute. The Knights' donation is part of a larger $5 billion total in charitable gifts reported by the Chronicle of Philanthropy for 2025. Their contribution is the largest on the list, followed by Warren Buffett's $746.7 million donation to the Susan Thompson Buffett Foundation. The Knights' donation will support a range of services for cancer patients, including psychological, genetic, and financial counseling, as well as nutritional care and survivorship support. This gift continues a long-standing relationship between the Knights and OHSU, which began nearly two decades ago.
Why It's Important?
The Knights' donation is a major boost for cancer research and patient support services, potentially leading to significant advancements in cancer treatment and care. By funding clinical trials and research, the donation could accelerate the development of new therapies and improve outcomes for cancer patients. The philanthropic efforts of high-net-worth individuals like the Knights and Buffett highlight the critical role of private donations in advancing medical research and supporting public health initiatives. These contributions can fill funding gaps and drive innovation in areas that may not receive sufficient government or institutional support.
What's Next?
The substantial donation from the Knights is expected to enhance the capabilities of the Knight Cancer Institute at OHSU, potentially leading to breakthroughs in cancer research. The institute may expand its research programs and clinical trials, attracting top researchers and increasing its impact on cancer treatment. Other philanthropists may be inspired to contribute to similar causes, further boosting funding for medical research and public health initiatives. The Chronicle of Philanthropy will continue to track and report on major philanthropic contributions, providing insights into trends and priorities in charitable giving.
