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1. www.oregonlive.com › sports › 2023Bill Oram: Why Phil Knight’s $400 million investment in ...

   www.oregonlive.com › sports › 2023

   Apr 25, 2023 · Nike founder Phil Knight announced the creation of the 1803 Fund, which will invest $400 million in Portland’s historically Black Albina neighborhood, at an event at Nike World Headquarters in ...

2. www.opb.org › gallery › 2023/04/24The 1803 Fund announcement at Nike campus - OPB

   www.opb.org › gallery › 2023/04/24

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   May 10, 2024 · 5 of 6. Rukaiyah Adams speaks at Nike's Beaverton campus on Monday, April 24, 2023, to announce the 1803 Fund, a new initiative, backed with $400 million from Phil and Penny Knight, meant to fund ...

3. People also ask

   Why did Phil & Penny Knight donate $400 million to the 1803 fund?

   • Dave Killen / The Oregonian Phil and Penny Knight on Monday pledged to contribute $400 million to the newly formed 1803 Fund, a local effort intended to strengthen Portland’s Black community. The 1803 Fund “will combine elements of private investing and philanthropy to create a fund focused on helping people thrive and communities prosper.”

   Phil and Penny Knight pledge $400 million for Portland’s ... - oregonlive

   www.oregonlive.com/business/2023/04/phil-and-penny-knight-pledge-400-million-for-portlands-historically-black-albina-neighborhood.html

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   Did Phil & Penny Knight buy the Blazers?

   • Dave Killen / The Oregonian You could almost hear the echoes across Portland on Monday after the announcement Phil and Penny Knight invested a whopping $400 million toward revitalizing the traditionally Black neighborhoods on Portland’s east side: OK, now buy the Blazers.

   Bill Oram: Why Phil Knight’s $400 million investment in Portland’s Black …

   www.oregonlive.com/sports/2023/04/bill-oram-why-phil-knights-400-million-investment-in-portlands-black-community-is-more-important-than-owning-the-trail-blazers.html

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   How should Joe Knight spend his money?

   • Sports fans in Oregon have long had grand ideas for how Knight should spend his money and for good reason. The Nike founder is our greatest athletics benefactor. He has the money to dangle in front of professional sports teams and to build swoosh cities on college campuses.

   Bill Oram: Why Phil Knight’s $400 million investment in Portland’s Black …

   www.oregonlive.com/sports/2023/04/bill-oram-why-phil-knights-400-million-investment-in-portlands-black-community-is-more-important-than-owning-the-trail-blazers.html

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4. www.opb.org › article › 2023/04/26Portland-area leaders celebrate Phil Knight’s $400M ...

   www.opb.org › article › 2023/04/26

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   Apr 26, 2023 · Local politicians are celebrating the news that Nike co-founder Phil Knight and his wife Penny have pledged $400 million to support Black Portlanders. The investment, flowing through a new ...

   • Author: Alex Zielinski

5. www.opb.org › article › 2023/04/24Phil Knight gives $400M to benefit Black Portlanders - OPB

   www.opb.org › article › 2023/04/24

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   The 1803 fund is devoted to supporting Portland’s Black residents. Nike co-founder Phil Knight, center right, announces a $400 million donation to the 1803 Fund on April 24, 2023 at Nike ...

   • Author: Alex Zielinski

6. www.barrons.com › articles › phil-and-penny-knightPhil and Penny Knight Invested $400 Million to Boost Portland ...

   www.barrons.com › articles › phil-and-penny-knight

   May 5, 2023 · Last month, Knight, 85, and his wife, Penny, announced they were investing US$400 million in the inaugural Rebuild Albina project of the 1803 Fund, a new nonprofit created to strengthen Portland ...

7. footwearnews.com › business › business-newsPhil Knight Makes $400M Investment in Portland’s Albina ...

   footwearnews.com › business › business-news

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   Apr 24, 2023 · Nike co-founder Phil Knight and his wife Penny have made a $400 million investment in Portland as the Oregon city battles increasing retail crime. According to a statement, the new investment will ...