OHSU Receives $5 Million Toward Knight Cancer Challenge

OHSU Receives $5 Million Toward Knight Cancer Challenge

Oregon Health and Science University has announced the creation of a $5 million endowment fund at the Oregon Community Foundation in support of the university's Knight Cancer Institute.

The gift from the John and Robin Jaqua Fund will count toward the university's $1 billion Knight Cancer Challenge, which aims to enable OHSU to recruit as many as three hundred cancer researchers and clinicians and end cancer as we know it. In 2013, Phil Knight, chairman and co-founder of sports apparel giant Nike, Inc., and his wife, Penny, pledged $500 million to OHSU if the university could raise an additional $500 million by February 2016. To date, OHSU has raised more than $440 million toward the challenge.

The Knight Cancer Institute Fund will support research efforts at the institute and ongoing research projects as determined by its director. John Jaqua, who died in 2009, was a prominent Eugene attorney, philanthropist, and longtime board member of Nike.

"This new fund honors the long and trusting relationship between John and Robin Jaqua and Phil and Penny Knight," said OCF president and CEO Max Williams. "It's a pleasure to be able to share a gift that is such a natural extension of the Jaquas' lifetime of philanthropy and dedication to improving the health and livability of their community and our state."