Nike Co-Founder Phil Knight Donates $1.1 Billion to Oregon Medical Center
Phil and Penny Knight have pledged $1.1 billion to the Providence St. Vincent Medical Center in Oregon, marking one of the largest donations ever made to a U.S. healthcare institution. The funds will support the creation of an all-women’s hospital on-site as well as expand cardiovascular care across eight Providence hospitals in the state. This donation follows another major gift from the couple last year—$2 billion to Oregon Health & Science University's Knight Cancer Institute—and adds to their prior $200 million contribution to the Providence Heart Institute. The new women’s hospital will include a modern neonatal intensive care unit and provide integrated services for gynecology, pregnancy, labor, menopause, and cardiology. The Knights are among America’s most generous philanthropists, having already donated an estimated $4.5 billion before this latest announcement. Their support has enabled the Providence Heart Institute to launch a successful heart transplant program and attract top medical talent.
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