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Nike Co-Founder Donates $400 Million To Stanford University

cgvr

I've posted how many times?
Jun 25, 2010
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"Nike Cofounder and Chairman Phil Knight, who graduated from Stanford Graduate School of Business in 1962 and subsequently transformed an entire industry, will address Stanford GSB students during their 2014 graduation ceremony on Saturday, June 14."

https://www.gsb.stanford.edu/newsro...r-phil-knight-deliver-2014-graduation-address

"Nike co-founder and Chairman Philip Knight has pledged $400 million to Stanford University for a new scholarship program aimed at tackling major global challenges.

The gift, announced Wednesday, is one of the largest ever from an individual donor to a university. It also "represents the largest single increase in student financial aid in Stanford's history," according to a statement from the university.

The Knight-Hennessy Scholars program "will be analogous to the Rhodes and Shwarzman scholarships," the Stanford Daily reports. It is supported by a $750 million endowment, Stanford says, the majority of which is from Knight's gift.

Stanford says the program, which provides funding for at least three years of graduate-level study, will admit 100 scholars annually.

"The Knight-Hennessy Scholars Program brings the very best students from around the world to study at Stanford in any discipline they're interested in, and helps prepare them to be world leaders," Stanford President John Hennessy says. "It will be the largest graduate scholarship program focused on all disciplines at any university in the world.""

http://www.npr.org/sections/thetwo-...ign=npr&utm_term=nprnews&utm_content=20160224
 
Only word I can think of is WOW!

$400 million donation ... but its going to a good cause.
 
So..........is the $400 mil in addition to the $750 mil

No, the program will start with $750 million.

http://www.forbes.com/sites/ryanmac...750-million-scholarship-program/#182b2dca2bfc

Nike Billionaire Phil Knight And Stanford Unveil $750 Million Scholarship Program

https://knight-hennessy.stanford.edu/faq

When will Knight-Hennessy Scholars launch, and what is its capacity?
Beginning in fall 2018, Knight-Hennessy Scholars will convene the inaugural class of 50 scholars at Stanford to pursue any graduate degree or combination of degrees in any of the seven schools across the university. Starting in fall 2019, the program will enroll 100 Knight-Hennessy Scholars each year, with up to 300 in residency at any one time.


 
Just curious, about how much have the Nike lot given to Oregon or any other institutions?
 
ND should offer him an honorary degree to try to get in on that!

In all seriousness, he's done some great things for education.
 
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