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Nike Co-Founder to Give $400M to Stanford University

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by Vikas Vij

SOURCE:Justmeans

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Education holds the transformative power to make a deep impact on the world’s most intractable problems, including poverty and climate change. It inculcates into cultures a strong awareness of human rights and helps build a more just and equitable society.

With these transformative goals in mind, Philip H. Knight, the co-founder and chairman of Nike Inc., has announced a pledge to give Stanford University $400 million to help address some of the biggest challenges that the global society faces today.

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Image Credit: Flickr via anupal

Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.

Tweet me:Why Nike's co-founder has pledged to give $400M to Stanford University http://bit.ly/1RytYCX via @Justmeans #education #socent

KEYWORDS: Education, Philanthropy, Cause Global, best practices, Social Entrepreneurship, social innovation, nike, Stanford University, Justmeans


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