Philip H. Knight Chairs and Professorships

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]

See also

References

  1. ↑ "Phil and Penny Knight, thanks to Nike fortune, have given more than $1 billion in philanthropy". OregonLive.com. Retrieved 2016-02-13.
  2. ↑ Waite, Jeremy (2015). From Survival to Significance. Lulu.com. p. 445. ISBN 1326258362.
  3. 1 2 "Overview of Endowed Knight Chairs at the University of Oregon" (PDF). Academic Affairs, University of Oregon. Retrieved 2016-02-12.
  4. ↑ Stites, Sam (2012-11-15). "Swoosh, there it is: Phil Knight's relationship with the University of Oregon". Emerald Media. Retrieved 2016-02-12.
  5. ↑ Academic Affairs, University of Oregon (2014-07-01). "Fiscal Guidelines - Knight Endowed Chairs and Professorships" (PDF).
  6. ↑ "Nike Founder Phil Knight to Give $105 Million to Stanford GSB". Stanford Graduate School of Business. Retrieved 2016-06-11.
  7. ↑ Pardington, Suzanne (2009-12-21). "Phil and Penny Knight give $5 million to Willamette University". Portland Oregonian. Retrieved 2016-06-11 – via OregonLive.com.
This article is issued from Wikipedia - version of the 8/28/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.