What's Happening?
Phil Knight, co-founder of Nike, and his wife Penny have made a $2 billion donation to Oregon Health & Science University (OHSU) to support cancer research and patient care. This donation is part of the
Chronicle of Philanthropy's annual list of the largest charitable gifts, which totaled $5 billion in 2025. The Knights' contribution is the largest, followed by significant donations from Warren Buffett and the Bezos family. The funds will enhance clinical trials, research, and support services at the Knight Cancer Institute.
Why It's Important?
The Knights' donation significantly boosts cancer research and patient care, potentially leading to breakthroughs in treatment and support for cancer patients. This large-scale philanthropy highlights the critical role of private donations in advancing medical research and healthcare services. It also sets a precedent for other wealthy individuals to contribute to public health initiatives. The focus on cancer research aligns with global health priorities, potentially influencing policy and funding decisions in the healthcare sector.
