PORTLAND, Ore. (AP) — Nike co-founder Phil Knight and his wife Penny Knight have pledged to donate $2 billion to Oregon Health & Science University’s Knight Cancer Institute, the school announced Thursday, describing it as the largest single gift to a U.S. university.

“This gift is an unprecedented investment in the millions of lives burdened with cancer, especially patients and families here in Oregon,” OHSU President Shereef Elnahal said in a statement.

The donation will help ensure patients have access to various resources, including psychological, genetic and financial counseling, symptom management, nutritional support and survivorship care, the university statement said.

“We couldn’t be more excited about the transformational potential of this work for humanity,” the Knights said

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