Knight Cancer Challenge reaches fundraising goal


Oregon Health & Science University met its objective of securing $500 million to trigger a matching donation from Phil and Penny Knight.

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BY JACOB PALMER | DIGITAL NEWS EDITOR

Oregon Health & Science University met its objective of securing $500 million to trigger a matching donation from Phil and Penny Knight.

The OHSU Knight Cancer Institute will construct two buildings and hire up to 300 researchers with the $1 billion.

The foundation will continue its fundraising despite reaching its stated goal.

[OHSU Foundation president Keith] Todd said he’s looking into another fundraising drive for the rest of OHSU’s campus. The effort would be similar in money scope to the Knight campaign but have a much more realistic time frame, of probably at least five years, Todd said. The Knight Challenge was hit within two years.

“We’ll take advantage of what this has done for our environment and culture and see what this success will be able to do for us,” Todd said.

(SOURCE: Portland Business Journal)

Portland-based Consumer Cellular donated $2 million to mark reaching 2 million customers.

“We are excited to be joining the many donors making a commitment to end cancer as we know it,” said John Marick, CEO of Consumer Cellular. “We look forward to the day when we can point back and say we were part of doing just that.”

Marick said he lost a cousin to cancer in the past year. He was struck during a Race for the Cure event at the names that people stuck on their backs of family members and friends stricken by the condition.

(SOURCE: Portland Business Journal)

In a release, Phil Knight said: “Penny and I have total confidence in Brian Druker and the entire OHSU Knight Cancer Institute team to put a stop to a disease that touches each of our lives. These last 22 months have shown what is possible when people of vision focus on a single goal. We are more convinced than ever that cancer will meet its match at OHSU, and we are proud to play a role in this history in the making.”

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