Nike co-founder Phil Knight is donating $1.1 billion to Providence St. Vincent Medical Center to support the creation of an all-women's hospital and advance cardiovascular care across Oregon, according to CNBC.
Key facts
- Nike co-founder Phil Knight is donating $1.1 billion, according to CNBC.
- The gift goes to Providence St. Vincent Medical Center in Oregon.
- Funds will support the creation of an all-women's hospital.
- The donation will also advance cardiovascular care across Oregon.
Nike co-founder Phil Knight plans to donate $1.1 billion to Providence St. Vincent Medical Center, according to CNBC.
The donation will support the creation of an all-women’s hospital, CNBC reported. It will also advance cardiovascular care across the state of Oregon.
CNBC reported the details of the commitment on 15 September 2026. The outlet’s account focused on the size of the gift and the two areas it is intended to support.
The reported priorities, a dedicated women’s hospital and expanded cardiovascular services, point to investment in specialised care within Oregon’s health system.
Why it matters
A donation of this scale can significantly expand access to specialised medical care, particularly for women and heart patients in Oregon. Large philanthropic gifts to hospitals can shape the availability and quality of care for years to come.
Frequently asked questions
How much is Phil Knight donating?
According to CNBC, Nike co-founder Phil Knight is donating $1.1 billion.
Where is the donation going?
The gift is directed to Providence St. Vincent Medical Center in Oregon.
What will the money be used for?
CNBC reported the gift will support the creation of an all-women's hospital and advance cardiovascular care across Oregon.