<p>Nike Co-Founder Pledges $100-Million to Cancer Institute at Oregon Health & Science U.
Philip H. Knight, a co-founder of Nike Inc., and his wife, Penny, announced today that they were pledging $100-million to the Oregon Health & Science University Foundation for the universitys cancer institute.</p>
<p>Mr. and Ms. Knight have made several other big gifts in recent years and ranked No. 17 on The Chronicle of Philanthropys 2007 Philanthropy 50, an annual listing of the most-generous donors of the year, for their pledge of $100-million to the University of Oregon. The Knights also gave $105-million in 2006 to Stanford Universitys Graduate School of Business.</p>
<p>Most of the money the Knights pledged today $98-million will establish a special fund that the cancer institutes director, Brian J. Druker, will be able to use for whatever he wants at the institute. Dr. Druker said his first priority would be to use the money to recruit 40 to 50 new cancer physicians and researchers over the next decade.</p>
<p>The university, whose campus is in Portland, plans to rename the cancer institute for Mr. and Ms. Knight.</p>
<p>COHE</p>