Knight family gives $1.1 billion to Providence St. Vincent

Live updates

1. 4h ago

   Knight family gives $1.1 billion to Providence St. Vincent

   The Knight family, co-founder of Nike Phil Knight and his wife Penny, have committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute. This donation will establish Oregon's first hospital dedicated to women's health and support cardiovascular research, technology, and care upgrades across eight Providence hospitals in the state.

   Why it matters

   This contribution ranks among the largest healthcare donations in United States history. The funds will consolidate women's health services under one roof. The donation also supports cardiovascular research and upgrades technology and care across eight Providence hospitals throughout the state.

   What is confirmed

   • The Knight family committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute.
   • The funds will establish Oregon's first hospital dedicated to women's health.
   • The donation supports cardiovascular research and upgrades technology and care across eight Providence hospitals throughout the state.
   • This contribution ranks among the largest healthcare donations in United States history.

   What to watch next

   • Implementation of the women's health hospital
   • Progress on cardiovascular research
   • Upgrades to Providence hospitals
   Sources used for this update (2)

   1. qns.com — Samaritan Daytop Village and Foundation raises over $1M at
   2. 247wallst.com — Visa, Mastercard, Stripe, and Coinbase Commit $1 Billion to ...
   confidence 100%
2. 2d ago

   Phil and Penny Knight pledge $1.1 billion to Providence healthcare

   Nike co-founder Phil Knight and his wife Penny committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute. The funds will establish Oregon's first hospital dedicated to women's health, consolidating services under one roof. The gift also supports cardiovascular research and upgrades technology and care across eight Providence hospitals throughout the state. This contribution ranks among the largest healthcare donations in United States history.

   Why it matters

   The Knights have a history of large-scale philanthropy in Oregon, including a separate $1 billion gift to the University of Oregon for an engineering college. Phil Knight is the co-founder and chairman emeritus of Nike.

   What is confirmed

   • Phil and Penny Knight pledged $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute.
   • The donation funds the first hospital in Oregon dedicated specifically to women's health.
   • The gift supports cardiovascular research and expands care and technology across eight Providence hospitals in Oregon.
   • Phil Knight is the co-founder and chairman emeritus of Nike.

   What to watch next

   • Announcement of the specific location for the new women's hospital
   • Timeline for the expansion of cardiovascular research across the eight hospitals
   Sources used for this update (19)

   1. www.forbes.com — Forbes Real Time Billionaires List - The World's Richest People
   2. www.yahoo.com — Nike Co-Founder Pledges $1.1B for Oregon Women’s Hospital
   3. hoodline.com — Knights Commit $1.1B to Providence for a Women's Hospital and
   4. economictimes.indiatimes.com — Nike co-founder Phil Knight gives alma mater University of Oregon $1 billion, biggest-ever public univers....
   5. www.townandcountrymag.com — Nike Founder Phil Knight and His Wife Penny Donate $1 Billion to the University of Oregon
   6. www.yahoo.com — The Footwear Sector in 2026 Remains Committed to ... - Yahoo
   7. nationalrevealed.com — Phil Knight’s $1bn gift to University of Oregon
   8. news.ssbcrack.com — Phil Knight and Wife Pledge $1 Billion to Establish New ...
   9. www.yahoo.com — Why Designer Brands Is Closing its Corporate Offices for One Day
   10. en.wikipedia.org — Knight - Wikipedia
   11. www.worldhistory.org — Medieval Knight - World History Encyclopedia
   12. simple.wikipedia.org — Knight - Simple English Wikipedia, the free encyclopedia
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3. 11d ago

   Phil and Penny Knight pledge $1.1 billion for Oregon women's hospital

   Nike co-founder Phil Knight and his wife Penny committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute. The donation will fund Oregon's first hospital dedicated specifically to women's health. Additionally, the gift supports cardiovascular research and expands technology and care across eight Providence hospitals throughout the state. This contribution is among the largest gifts ever given to a healthcare institution in the United States.

   Why it matters

   The Knights have a history of large-scale philanthropy in the region. They previously provided $500 million to the University of Oregon between 2016 and 2021.

   What is confirmed

   • Phil and Penny Knight committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute.
   • The funds will establish the first hospital in Oregon dedicated to women's health.
   • The gift supports cardiovascular research and care across eight Providence hospitals in Oregon.

   Still unconfirmed

   • The Knights pledged $1 billion to the University of Oregon to create an engineering college.
   • The Knights gave $500 million to the University of Oregon in 2016 and 2021.

   What to watch next

   • Construction timelines for the women's hospital
   • Specific allocation of funds across the eight Providence hospitals
   Sources used for this update (2)

   1. www.opb.org — Knights pledge $1 billion to University of Oregon to create engineering college
   2. www.decaturdaily.com — $1.1 billion from Nike co-founder will build Oregon's first women's hospital
   confidence 90%
4. 17d ago

   Phil and Penny Knight pledge $1.1 billion to Providence healthcare

   Phil and Penny Knight have pledged $1.1 billion to Providence to establish the first hospital in Oregon dedicated to women's health and to fund cardiovascular research. The gift supports the Providence Heart Institute and Providence St. Vincent Medical Center. These funds will expand technology, research, and cardiovascular care across eight Providence hospitals throughout the state. This contribution stands as one of the largest gifts ever made to a United States healthcare institution.

   Why it matters

   The funding targets a specific gap in Oregon's healthcare infrastructure by creating a specialized women's hospital. It also scales cardiovascular capabilities across a multi-hospital network.

   What is confirmed

   • Phil and Penny Knight pledged $1.1 billion to Providence.
   • The funding will create Oregon's first hospital dedicated to women's health.
   • The pledge funds cardiovascular research and care.

   What to watch next

   • Construction timelines for the women's health hospital
   • Specific allocation of funds across the eight Providence hospitals
   Sources used for this update (2)

   1. www.pcgamesn.com — Catch 1 Billion Ducks codes (September 2026)
   2. www.klcc.org — Providence announces $1.1 billion pledge from Phil and Penny Knight
   confidence 100%
5. 21d ago

   Phil and Penny Knight pledge $1.1 billion to Providence for Oregon healthcare

   Nike co-founder Phil Knight and his wife, Penny, have committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute. The funding will establish Oregon's first hospital dedicated to women's health and expand cardiovascular care, research, and technology across eight Providence hospitals in the state. This commitment represents one of the largest gifts to a healthcare institution in U.S. history.

   Why it matters

   Phil and Penny Knight have a long history of philanthropy, donating over $9 billion in the last 20 years. Their current net worth is estimated at $25 billion.

   What is confirmed

   • Phil and Penny Knight committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute.
   • The donation will fund the construction of Oregon's first hospital dedicated to women's health.
   • The funds will support the expansion of cardiovascular care across eight Providence hospitals in Oregon.
   • Phil and Penny Knight have donated more than $9 billion over the past two decades.

   Still unconfirmed

   • The couple's net worth is $25 billion.

   What to watch next

   • Construction start date for the women's health hospital
   • Detailed allocation of funds for the Providence Heart Institute expansion
   Sources used for this update (15)

   1. cnbc.com — Nike co-founder Phil Knight to donate $1.1 billion to Oregon medical center
   2. OregonLive.com — Knight family gives $1.1 billion to Providence St. Vincent
   3. GeekWire — Providence to receive $1.1B from Nike co-founder to build women's health hospital in Oregon
   4. Oregon Public Broadcasting - OPB — Providence announces $1.1 billion pledge from Phil and Penny Knight
   5. PR Newswire — Phil and Penny Knight make historic gift of $1.1 billion to Providence
   6. kgw.com — Phil and Penny Knight make historic $1.1B gift to Providence
   7. Newsday — $1.1 billion from Nike co-founder will build Oregon's first women's hospital
   8. KPTV — Phil and Penny Knight pledge $1.1B to Providence
   9. KATU — Phil and Penny Knight give $1.1B to Providence St. Vincent, backing women's hospital
   10. ceoworld.biz — Billionaire Phil Knight Donates $1.1 Billion to Oregon Women’s Health and Cardiac Car
   11. pulse2.com — Phil And Penny Knight Commit $1.1 Billion To Providence For Oregon’s First Women’s Hospital And Heart Care Expansion
   12. www.grantspasstribune.com — $1.1 Billion Knight Investment Brings Oregon Its First Hospital Dedicated to Women’s Health
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