Billionaire Portland Native Honored by The Association of Fundraising Professionals for $700-million in Donations
Portland, November 14th. The Association of Fundraising Professionals (AFP) 26th Annual Philanthropy Awards luncheon honored an all-star list of community philanthropists including Portland native and billionaire businessman, Lorry I. Lokey, on the right is civic leader Gerry Frank. (Photo credit, Andie Petkus) Lokey was honored with Vollum Award for Lifetime Philanthropic Achievement by the Oregon & SW Washington Chapter of AFP. A student at Alameda Elementary School in NE Portland and graduate of Grant High School, Lokey fought in in World War II.
A Stanford Graduate and founder of Business Wire, Lokey has given over $700-million dollars to charity, mostly educational institutions on the west coast. He was one of almost 100 billionaires who signed the Giving Pledge to commit half of their wealth to nonprofits. Lokey has given away about 90% of his wealth, but calls “giving” a misnomer. “It’s investing,” he explains.
About AFP OR, Oregon & SW Washington Chapter
The Oregon & SW Washington Chapter, founded in 1984, serves fundraising professionals in Oregon and Southwest Washington.
AFP, an association of professionals throughout the world, advances philanthropy by enabling people and organizations to practice ethical and effective fundraising. The core activities through which AFP fulfills this mission include education, training, mentoring, research, credentialing and advocacy. AFP is committed to excellence in providing the highest quality services and products for our members and other constituents. We are responsive to their needs and strive to exceed expectations.