Skip navigation
Phil Knight donates $100 million to OHSU
By The Associated Press | 29 Oct 2008 | 02:31 PM ET
Text Size

PORTLAND, Ore. - Nike Inc. founder Phil Knight and his wife, Penny, are donating $100 million to Oregon Health & Science University's Cancer Center.

The Knights and OHSU announced the private donation, the largest in OHSU's history, on Wednesday. OHSU will rename the state's only National Cancer Institute the OHSU Knight Cancer Institute.

The first $2 million of the gift will be used toward a newly named Linda Conant Laboratory Suite, named after a friend of the Knight family who died of breast cancer in January. The remaining $98 million will be used at the discretion of the institute's director, cancer researcher Dr. Brian Druker.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis