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The 3-acre campus is named after Phil and Penny Knight who provided the lead gift of $500 million over ten years. The three building campus is a billion dollar endeavour and will require additional state and donor support. One stated goal is to "fast track scientific discoveries ... [and] turning those discoveries into innovations that improve the quality of life for people in Oregon, the nation, and beyond". However, director of the campus will be able to chart out a more robust vision after they are named.