Phil and Penny Knight Invested $400 Million to Boost Portland's Black Community
Phil and Penny Knight Invested $400 Million to Boost Portland’s Black Community
Source: barrons.com
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Tony Hopson Hopes Historic $400M Investment Will "Make the Difference" for Black Portland – Oregon Business
<strong>Phil and Penny Knight’s investment in the newly established 1803 Fund is earmarked for the fund's Rebuild Albina project.</strong>
Source: oregonbusiness.com
Phil Knight gives $400M to benefit Black Portlanders
The gift from Knight and his wife Penny Knight to the 1803 Fund – an initiative revealed Monday – is meant to fund education services, art programs and other projects for Black Portlanders in the inner North and Northeast Portland neighborhoods once known as Albina.
Source: klcc.org
Portland-area leaders celebrate Phil Knight's $400M investment in Black Portlanders as 'huge step forward'
The investment, flowing through a new initiative called the 1803 Fund, is meant to directly aid Black Portlanders in a part of town with a long history of government neglect.
Source: opb.org
$400 Million Donation From Nike Co-Founder Will Help Rebuild Portland's Albina District
An ambitious effort to reinvigorate Portland’s Albina District will get a major cash infusion with a $400 million donation to the newly established 1803 Fund from Penny and Phil Knight. Phil Knight, the Nike co-founder and philanthropist, joined Rukaiyah Adams, leader of the 1803 Fund, and its board of directors Monday afternoon at the Nike campus in Beaverton to share the news of Rebuild Albina, a multi-faceted effort that will be overseen by the 1803...
Source: portlandmercury.com