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$1.1 Billion From Nike Co-Founder Will Build Oregon’s First Women’s Hospital – WTOP News

The gift will create Oregon’s first hospital dedicated to women’s health and expand cardiology care across Providence’s eight hospitals.

  • On Tuesday, Nike co-founder Phil Knight and his wife, Penny Knight, committed $1.1 billion to Providence St. Vincent Medical Center and the Providence Heart Institute to build Oregon's first hospital dedicated to women's health.
  • Hospital leaders say the donation addresses outdated 1990s-era maternity facilities, as women comprise 60% of Providence's patients and increasingly require care for complex conditions like hypertension and diabetes during pregnancy.
  • Over the past decade, the Knights contributed $200 million to the Providence Heart Institute, and this new pledge funds cardiovascular research, clinical trials, and recruitment of visionary physician leaders to maintain cutting-edge care.
  • Providence CEO Erik Wexler called the gift a "transformational milestone," while heart institute executive medical director Dr. Dan Oseran noted the funding allows the hospital to anticipate future technological needs and recruit top talent.
  • This commitment pushes the couple's total charitable giving to more than $9 billion over two decades, following their $2 billion donation to the Knight Cancer Institute last year.
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The Toronto StarThe Toronto Star
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$1.1 billion from Nike co-founder will build Oregon’s first women’s hospital

Oregon billionaires Phil and Penny Knight committed $1.1 billion to the Providence St. Vincent Medical Center and the Providence Heart Institute to build Oregon’s first hospital dedicated to women’s health, the medical center announced Tuesday.

·Toronto, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, September 15, 2026.
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