Co-Founder of Nike Phil Knight has opened his bank account and his heart in order to set a record for the largest charitable gift ever handed to an American university.

$2 billion was given to a cancer institute bearing his name at the Oregon Health & Science University, a gift that will allow the institute to double in size and continue producing lifesaving breakthroughs in cancer diagnosis methods and treatment.

The Sultan of Swoosh is known for giving large philanthropic donations, and in the same way that Nike has impacted and shaped sport, Phil and his wife Penny have supported a revolution in the fight against cancer through that support.

The Knights had previously pledged to donate $500 million to OSHU if it could match that total in fundraising, a pledge which launched the ambit

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