Stanford Pockets Largest Donation From One Person in Its History — $400 Million

By Andy Thomason. Stanford University has received its largest cash donation from an individual in its history — $400 million from Philip H. Knight, the Nike co-founder. The gift will be part of a $750-million endowment to establish a “graduate-level scholarship designed to prepare a new generation of global leaders,” according to a statement from the university. More...