Gift overview in 2006

Biggest beneficiary: Lorry I. Lokey Supporting Foundation
Other key beneficiary: Stanford University Donor Advised Fund
Donor's background: Mr. Lokey is the founder of Business Wire, a company in San Francisco that distributes news releases, which Mr. Lokey sold to Berkshire Hathaway last March.

Donations in 2006

Mr. Lokey, 80, gave $100-million to the Lorry I. Lokey Supporting Foundation, in San Francisco. The money will be used to support arts and culture, education, and Jewish groups.

Last year, the foundation awarded 28 grants totaling almost $33-million, including a $6-million grant to Mills College Graduate School of Business, in Oakland, Calif.; a $200,000 grant to Jewish Family and Children's Services of San Francisco, the Peninsula, Marin and Sonoma Counties; and $125,000 in grants to the Eugene Symphony, in Oregon.

Mr. Lokey also gave $50-million to the Stanford University Donor Advised Fund, in California. Half of the money will go to the American Technion Society, in New York, for a life-sciences and engineering program at the Technion-Israel Institute of Technology, in Haifa, Israel. The other half of the money will go toward Stanford's new stem-cell research laboratory, to be named for Mr. Lokey. Mr. Lokey said that by the time the money is paid out to the two institutions -- in three years -- each will end up receiving closer to $33-million apiece because of accrued interest.

In addition, he made gifts totaling $13-million to arts and culture groups, education and human-service charities, and elementary and secondary schools.