Knight family gives $1.1 billion to Providence St. Vincent — Live Feedhttps://www.live-feeds.com/feed/knight-family-gives-1-1-billion-to-providence-st-vincentContinuously updated, source-cited coverage. Phil and Penny Knight pledge $1.1 billion to Providence for Oregon healthcarehttps://www.live-feeds.com/feed/knight-family-gives-1-1-billion-to-providence-st-vincenthttps://www.live-feeds.com/feed/knight-family-gives-1-1-billion-to-providence-st-vincent#u71455Wed, 16 Sep 2026 22:15:47 +0000Nike 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 mattersPhil and Penny Knight have a long history of philanthropy, donating over $9 billion in the last 20 years. Their current net worth is estimated