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Nike co-founder Phil Knight announced a $1.1 billion donation to Providence St. Vincent Medical Center in Oregon, one of the largest philanthropic gifts of the year. The funds will support the creation of an all-women's hospital and advance cardiovascular care initiatives across the state. The donation adds to Knight's long history of major philanthropic giving in Oregon, including previous gifts to the University of Oregon and other regional institutions, and highlights the growing scale of individual wealth being directed toward healthcare infrastructure.