by Lisa Stiffler on Sep 15, 2026 at 8:00 am September 15, 2026 at 8:03 am
Providence will receive $1.1 billion — one of the largest gifts ever pledged to a U.S. healthcare institution — from Nike co-founder Phil Knight and his wife, Penny. The donation will allow the nonprofit health network to build Oregon’s first hospital focused on women’s health, increase support for cardiovascular services and improve patient care.
“Penny and I have always believed that real breakthroughs come from people willing to take on the toughest challenges,” Phil Knight said in a statement. “Providence has shown that kind of ambition in cardiovascular care, and we…
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