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Nike co-founder Phil Knight and wife Penny issue surprise $1 billion cancer challenge

September 21, 2013
Philanthropists Phil and Penny Knight Friday pledged $500 million to kick-start a $1 billion cancer research initiative at the Knight Cancer Institute at Oregon Health & Science University (OHSU). Phil Knight, Nike co-founder and chairman, said the pledge is contingent on OHSU’s success in raising at least $500 million more for cancer within two years.
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