Born in Frederick, Oklahoma, Raymond Hefner graduated from Tipton High School before serving in the U.S. Merchant Marine Corp. and the U.S. Coast Guard. After graduating from Blackwood Business College, he became a CPA. In 1950, he became one of the first employees of Kirkpatrick Oil Company, and in 1957, he and his wife, Bonnie, formed Bonray Oil Company.
He was Chairman and long-time director of the Independent Petroleum Association of America and served on the Energy Council to the President for Presidents Reagan & Bush. Raymond also served as a Trustee and Treasurer of the Oklahoma City Community Foundation, as well as a board member for multiple central Oklahoma corporations.
Prior to his death in 2001, the couple and their children, Vici Heitzke, Brenda Baldwin and Richard Hefner, established the Raymond H. and Bonnie B. Hefner Family Affiliated Fund at the Oklahoma City Community Foundation to support their charitable interests.
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