From BestColleges: “Higher education is no stranger to donations from alums, philanthropists, and billionaires hoping to advance an institution they believe will improve the lives of students — and change the world. In a trend of rising costs and lower enrollment, multimillion-dollar donations can give colleges the boost to not only survive but thrive. It’s common to see donations from longtime supporters, members of their college’s community, and anonymous donors who prefer to withhold their identities. On Aug. 14, 2025, Nike co-founder Phil Knight and his wife, Penny, donated what is seemingly the largest single donation to a university of all time — $2 billion to Oregon Health & Science University to support cancer care.”
