The gifts, which include a lead contribution from Lorry I. Lokey, will establish the Dave Frohnmayer Chair in Leadership and Law. As president, Frohnmayer oversaw a 25 percent jump in student enrollment and an increase in the university's academic offerings and prestige sufficient to earn it Tier 1 status in the Carnegie classification system. He also led two campaigns that, together, raised $1.1 billion, a record. During and after his presidency, Frohnmayer taught wide-ranging seminars in the university's Robert D. Clark Honors College and its law school.
Lokey, a Stanford University graduate, grew up in Portland and made his fortune as the founder of BusinessWire. A longtime friend of Frohnmayer, he has given more than $150 million to the university over the years, including $74.5 million in 2007 in support of research and the teaching of science. "Dave was a great man and a great friend," said Lokey, who signed the Giving Pledge in 2010. "I would have loved to have him for a teacher. An endowment makes sure that stability and a legacy are in place for perpetuity. We wanted to create the best tribute for Dave that we could, one that sets apart the University of Oregon and the law school."
Other contributors to the endowment include Nancy and Dave Petrone and Mary and Tim Boyle.
"The generous and visionary gifts of Lorry Lokey and fellow donors honor, in an extraordinary way, Dave's legacy as a legal scholar and teacher," said UO president and law professor Michael H. Schill. "Our vision is that this chair will attract for the law school a leader and scholar of the highest order who can further Dave’s legacy and ensure a caliber of teaching that will advance the UO law school’s reputation."