The Atherton billionaire, who died Oct. 1 at age 95, gave millions to Stanford University, Santa Clara University and Bellarmine College Prep in San Jose.
Lorry I. Lokey cared about education above all else. So it’s not a surprise that the Atherton businessman and philanthropist, who died Oct. 1 at age 95, poured hundreds of millions of dollars into schools and universities, including several in the Bay Area.
“There’s an old saying about farmers putting back in to the ground via fertilizer what they take out. So it is with money. The larger the estate, the more important it is to revitalize the soil,” LokeyAlso among them were Santa Clara University, where he donated $20 million in 2001 for a new library, and Stanford University, his alma mater, which benefitted from numerous capital donations. The Farm has Lokey’s name all over it: Lorry I. Lokey Laboratory for the Life Sciences, the Lorry I.
“Lorry Lokey was an incredible person and remarkable philanthropist,” Bellarmine President Chris Meyercord said, adding that as a trustee of the school, Lokey “shared with us his wisdom as well as his resources. He will be greatly missed by all of us.”It was “All aboard!” for a crowd of about 200 people at History Park on Thursday night who came out to celebrate former Santa Clara County Supervisor Rod Diridon Sr. at History San Jose’s annual Valley of Heart’s Delight dinner.
Gilroy artist Ignacio “Nacho” Moya donated paintings for the live auction, and the event raised $68,000 for the nonprofit. The biggest news came at the end, Executive Director Darrell Cortez said, when the crowd went wild after hearing that CEFCU had signed on as the title sponsor of this year’s Heroes and Helpers holiday shopping spree with a $20,000 pledge.
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