On the day after Christmas, Nike Inc. Chairman Phil Knight transferred 1.4 million of the company’s powerful Class A shares to a nonprofit foundation, according to a financial filing made public late Friday afternoon. The nonprofit wasn’t identified in the federal Securities & Exchange Commission filing, though it was described as a charitable foundation in which Knight, who is also Nike’s co-founder, is a trustee.
0 Comments
View Comments
Related Content
Comments
%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fphil-knight-gives-nonprofit-14m-shares-nike-s-powerful-class-a-stock%2F" target="_blank" class="email" data-post-id="15306" type="icon_link"> Email Email 0 Comments Comments