publication date: Aug. 1, 2014
By Will Craft
The Oregon Health & Science University Knight Cancer Institute moved one step closer to meeting a spectacular fundraising goal.
The institution said it received a $100 million gift from an anonymous donor, leaving the institution 17 months to raise the remaining $82 million needed to match the $500 million challenge set by Nike co-founder Phil Knight and his wife, Penny.
In September 2013, the Knights pledged $500 million to OHSU, as long as the university raised the same amount within two years. (The Cancer Letter, Sept. 27, 2013)
So far OHSU has raised $418 million, with nearly a year-and-a-half left in the challenge, according to the campaign’s website.
The cancer center would use the combined $1 billion to help identify cancers in earlier stages.
The $100 million represents the largest private donation in the campaign thus far, and is the fourth-largest donation in the university’s history, OHSU officials said. In addition to over 5,000 individual donations to the campaign, the state of Oregon has also committed $200 million to institute facilities. The state’s contribution counts toward the matching funds.
“This gift is a tremendous … Continue reading 40-31 Anonymous $100 Million Gift Moves OHSU Within $82 Million Of Reaching $1 Billion Goal
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