Kummers Give $300 Million to Expand Missouri U. of Science and Technology Programs (Gifts Roundup)

A roundup of notable gifts compiled by the Chronicle:

Knight Foundation

Nike co-founder Phil Knight gave $900.7 million to his and wife Penelope’s foundation. The couple primarily support scientific and medical research at the University of Oregon, Oregon Health and Science University, and other large institutions. They have also given extensively to Stanford University, where Phil Knight earned an MBA in 1962.

University of Oregon

Phil Knight gave $300 million for ongoing support for many of the university’s programs to which he has donated in recent years. With this latest gift, he and his wife, Penelope, have donated at least $1.1 billion to the university since 2007, with much of it directed to scientific research and related programs.

Phil Knight earned a journalism degree from the university in 1959 and went on to co-found Nike, the sports-apparel company.

Kummer Institute Foundation

Fred and June Kummer gave $300 million to establish

Read More
Read More

Missouri University Of Science And Technology Receives $300 Million Gift, The Largest In Missouri Higher Education History

Missouri University of Science and Technology(Missouri S and T) announced today that it had received a $300 million donation, the largest single gift in the history of Missouri higher education. St. Louis businessman and Missouri S and T alum Fred Kummer and his wife June are giving the money to a foundation they created that will support several initiatives at the university.

The Kummers’ gift will be administered by The Kummer Institute Foundation. Funds from the foundation will support several new initiatives at Missouri S&T, including:

  • A new research and development entity modeled after other university-affiliated centers like the Lawrence Livermore National Laboratory in Livermore, California and the Johns Hopkins Applied Physics Laboratory in Laurel, Maryland. The new organization will be the home to four new research
Read More
Read More