$1 Billion Donation to University of Oregon Makes History
The gist
Phil and Penny Knight announced a $1 billion commitment to the University of Oregon to establish the Knight College of Engineering.
It is the largest gift ever to a comprehensive public university.
How it unfolded
- 2016Phil and Penny Knight donated $500 million to launch the Knight Campus for Accelerating Scientific Impact.
- 2021The Knights contributed another $500 million to expand the Knight Campus.
- 2025The couple made a record $2 billion gift to Oregon Health & Science University's Knight Cancer Institute.