Nike co-founder Phil Knight and his wife Penny are donating $1.1 billion to Providence Health, one of the largest gifts to a U.S. healthcare institution. The funds will support construction of Oregon's first women's health hospital at Providence St. Vincent Medical Center in Portland, along with expanded cardiovascular services.
Nike co-founder Phil Knight and his wife Penny will donate $1.1 billion to Providence St. Vincent Medical Center in Oregon to create the state's first dedicated women's hospital and expand cardiovascular care across eight Providence hospitals. This marks one of the largest healthcare donations in U.S. history and the Knight family's second major gift to Oregon healthcare in roughly a year, following a $2 billion donation to Oregon Health & Science University's cancer institute.
Phil and Penny Knight donated $1.1 billion to Providence Health & Services to build Oregon's first hospital dedicated to women's health, including a new tower at Providence St. Vincent Medical Center with maternity, gynecology, and expanded neonatal care. The gift, the couple's largest yet to Providence, will also fund cardiac imaging expansion and physician recruitment at Providence Heart Institute.