Money, Money, Money: S.F.'s Big Charitable Spenders
Coming in at No. 34 is Lorry I. Lokey, a graduate of Stanford who founded local company Business Wire, which he sold for a tidy $500 million in 2006. His donations total $46.7 million, most of which went to the Stanford University Donor Advised Fund for stem-cell research center. Lokey decided to help fund stem cell research after the Bush administration failed to, and, in case you're wondering how he sleeps at night, George, it's ontop of a giant, fluffy pile of dead presidents, stacked atop a solid foundation of a rudimentary understanding of science.
Trailing only three behind at No. 37 are Michael Moritz and wife Harriet Hayman. Moritz is a venture capitalist who used to sit on the Google Board of Directors. Moritz, who is originally from Wales, and Hayman forked over $50 million to Moritz's alma mater, Oxford University. That's going to buy a lot of cricket wickets, or whatever.
Finally, John A. and Cynthia Fry Gunn gave $40 million to the San Francisco Opera and Family and Children Services. (Only $25,000 went to Family and Children Services.) Cynthia was once the editor and director of the Stanford Portable book series, and John is the director of S.F.-based Dodge & Cox Funds -- which, according to its Web site, is "an investment firm emphasizing independent ownership, stability, and the high ethical standards of a true fiduciary." Translated from the rich-people jargon, this basically means "You will never be in need of our services, and please make sure you use soy in my latte."