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Exclusive: Phil Knight gives Knight Foundation $109 million

Nov 20, 2018 - Portland Business Journal (Oregon)

Nike co-founder Phil Knight has given $109 million of Nike stock to the Knight Foundation, his private foundation, according to a tax document made available on Tuesday to the Business Journal.

The gift of Nike stock was partially disclosed in a securities filing last December. The filing noted Knight gave 1,728,201 shares of Nike stock on Dec. 27, 2017, to a charity for which he and his wife, Penny Knight, serve as directors. The foundation's 2017 annual tax filing shows the Knight Founda...