Philip H. Knight endowed chairs and professorships were established at the University of Oregon in 1996, when Penny and Phil Knight donated US$15 million for 27 endowed chairs and professorships, "to provide academic areas with a source of funds for recruiting and retaining faculty of superior academic quality".[1][2][3] Chairs and professorships must be awarded on merit only, not longevity.[3] Collectively, the Knight endowed chairs and professorships receive over US$325,000 in bonuses per year.[4] The award for a Knight Chair is US$50,000, and US$25,000 for a Knight Professorship.[5]
Phil and Penny Knight donated an endowment fund of US$5 million to the Stanford University Graduate School of Business in 2006.[6]
In 2009, the Knights donated US$5 million to Willamette University for a School of Law endowed chair named for Alex L. Parks, Penny Knight's father, who served on the faculty of the School of Law.[7]
- ^ "Phil and Penny Knight, thanks to Nike fortune, have given more than $1 billion in philanthropy". OregonLive.com. Retrieved February 13, 2016.
- ^ Waite, Jeremy (2015). From Survival to Significance. Lulu.com. p. 445. ISBN 978-1326258368.
- ^ a b "Overview of Endowed Knight Chairs at the University of Oregon" (PDF). Academic Affairs, University of Oregon. Retrieved February 12, 2016.
- ^ Stites, Sam (November 15, 2012). "Swoosh, there it is: Phil Knight's relationship with the University of Oregon". Emerald Media. Retrieved February 12, 2016.
- ^ Academic Affairs, University of Oregon (July 1, 2014). "Fiscal Guidelines - Knight Endowed Chairs and Professorships" (PDF).
- ^ "Nike Founder Phil Knight to Give $105 Million to Stanford GSB". Stanford Graduate School of Business. Retrieved June 11, 2016.
- ^ Pardington, Suzanne (December 21, 2009). "Phil and Penny Knight give $5 million to Willamette University". Portland Oregonian. Retrieved June 11, 2016 – via OregonLive.com.