The University of Oregon announced today that it received a second $500 million donation from Phil Knight and wife Pennny Knight. The gift will fund the next phase of the state-of-the-art Phil and Penny Knight Campus for Accelerating Scientific Impact, which includes expanding its strengths in bioengineering and applied scientific research and training.
In addition, the donation will help create new opportunities for additional students, adding faculty positions and funding a second building, the University of Oregon said.
Knight, who studied business at the Eugene, Ore., campus and ran track there before founding Nike, donated $500 million to the university first in 2016. The Knight Campus opened its first building in December 2020. To date, the Knights have donated a total $1 billion to the University of Oregon.
As part of phase two, a second 175,000-sq.-ft., multi-story bioengineering and applied science research building will go under construction. It is slated to be built north of the first Knight Campus building on two acres along Riverfront Research Parkway. It will create new core research facilities and flexible lab spaces that support bioengineering.
The second half billion dollar endowment will also support faculty, with 14 to 16 additional members set to be added to the teams in bioengineering, regenerative medicine, biomedical data science, and other applied interdisciplinary sciences. This brings the total number of Knight Campus tenure-related faculty members to 30.
Plus, the Knight Campus is launching a bioengineering doctorate program and a minor in bioengineering, which marks the first undergraduate program in the Knight Campus and the university’s first undergraduate engineering offering.
“This second $500 million gift accelerates our drive to greater heights of excellence, forging partnerships with other great universities, and creating incredible opportunities for students,” Michael H. Schill, University of Oregon president and professor of law, said in a statement. “It further secures our position as a global university, a destination for discovery, a hub of innovation, and a place of progress and answers.
In 2018, the Knight couple donated $990 million worth of Nike shares to charity.
OnMyWay Is The #1 Distracted Driving Mobile App In The Nation!
OnMyWay, based in Charleston, SC, The Only Mobile App That Pays its Users Not to Text and Drive.
The #1 cause of death among young adults ages 16-27 is Car Accidents, with the majority related to Distracted Driving.
OnMyWay’s mission is to reverse this epidemic through positive rewards. Users get paid for every mile they do not text and drive and can refer their friends to get compensated for them as well.
The money earned can then be used for Cash Cards, Gift Cards, Travel Deals and Much, Much More….
The company also makes it a point to let users know that OnMyWay does NOT sell users data and only tracks them for purposes of providing a better experience while using the app.
The OnMyWay app is free to download and is currently available on both the App Store for iPhones and Google Play for Android @ OnMyWay; Drive Safe, Get Paid.
Download App Now – https://r.onmyway.com
Sponsors and advertisers can contact the company directly through their website @ www.onmyway.com.