This morning, Nike announced a $15 million USD donation to COVID-19 response efforts. The money comes from Nike’s leaders, the Nike Foundation, and Nike Inc. itself. These donations do not count the $1.4M Nike already donated back in January to the China Youth Development Foundation.
The brand’s leaders, specifically, Chairman Emeritus and co-founder Phil Knight and wife Penny; NIKE, Inc. Executive Chairman of the Board Mark Parker and wife Kathy; and NIKE, Inc. President and CEO John Donahoe and wife Eileen have donated a cumulative $10 million to a variety of organizations. These include: $1 million to the Oregon Food Bank, $2 million to the Oregon Community Recovery Fund, and $7 million to Oregon Health & Science University who provide diagnostic testing and healthcare for the state’s COVID-19 situation.
Another $1 million from the Nike Foundation is being donated to the United Nations Foundation Swiss Philanthropy Foundation’s COVID-19 Solidarity Response Fund. This fund goes towards global efforts by the World Health Organization and its various partners to prepare and respond to the crisis.
The Nike Foundation is also donating $3.1 million to the following organizations:
“$1 million to the Oregon Community Recovery Fund; $1.1 million to support community partners across Europe, Middle East and Africa through the King Baudouin Foundation; $250,000 to the Mid-South Food Bank in Memphis, Tenn.; $250,000 to the Community Foundation of Greater Memphis’ COVID-19 Regional Response Fund; and $500,000 to the Boston Foundation’s COVID-19 Response Fund.”
You can follow our ongoing coverage and timeline of COVID-19’s effect on the sneaker industry here.
