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Phil Knight and wife donate $1 billion to University of Oregon for engineering college

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Nike co-founder Phil Knight and his wife Penny have donated $1 billion to the University of Oregon, marking the largest known gift to a public flagship university. The funds are intended to establish a new engineering college at the institution. The Knights have previously supported other organizations, including Providence St. Vincent Medical Center, reflecting their broader philanthropic commitments. The donation comes at a time of uncertainty around higher education funding, underscoring the couple's strong ties to the University of Oregon.

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