Knight is one of America’s most generous philanthropists, according to Forbes data, donating billions of dollars to educational institutions throughout his life.

Nike founder Phil Knight and his wife, Penny, are giving $2 billion to a cancer institute at University of Oregon that bears their name, the largest ever donation to a US college or academic health institution,

MONDAY, Aug. 18, 2025 (HealthDay News) — Nike co-founder Phil Knight and his wife, Penny, will donate $2 billion to Oregon Health & Science University (OHSU) to expand cancer research and patient care. The school called it the largest single donation ever made to a U.S. university.