The Economic Times

Nike co-founder Phil Knight gives alma mater University of Oregon $1 billion, biggest-ever public university gift after unscheduled call

Phil Knight and his wife, Penny, have recently pledged $1 billion to the University of Oregon. This donation is intended for the establishment of a new engineering school in Eugene, focusing on bioengineering and high-demand disciplines. This is Phil Knight's largest known donation to a public flagship university which came after an unscheduled call.