Top donor advises nonprofits on funding

Lorry Lokey, consistently one of America's top donors, answered questions from nonprofits in a Chronicle of Philanthropy online chat Jan. 27. Lokey, who committed $45.7 million to nonprofits in 2008 alone, answered questions such as: How can a nonprofit best prove it is most worthy of a corporate donation? And, what is the biggest mistake development officers make when first meeting a new prospect?