Nike co-founder Phil Knight donates $1.1B to Oregon medical center

Key Points:

• Nike co-founder Phil Knight and his wife, Penny, are donating $1.1 billion to Providence St. Vincent Medical Center and its Providence Heart Institute in Oregon, marking one of the largest healthcare donations in U.S. history.
• The donation will fund the creation of Oregon's first hospital dedicated to women's health and enhance cardiological care across Providence's eight hospitals statewide.
• This gift follows a previous $2 billion donation from the Knights to Oregon Health & Science University's Knight Cancer Institute and builds on their decade-long support of Providence Heart Institute, including funding a successful heart transplant program.
• The new women's hospital will offer integrated care in gynecology, pregnancy, labor and delivery, menopause, and cardiology, featuring a modernized neonatal intensive care unit.
• Phil Knight, who co-founded Nike in 1964 and led its rise as a top athletic brand, and his wife have given away an estimated $4.5 billion to charity, earning recognition on Time Magazine’s TIME100 Philanthropy 2025 list.