She was honored in 1996 with the Harvard Alumni Association Medal and in 2007 received the Presidential Medallion, the highest award of USC.

[3] During her junior year at San Pedro High School in 1932, Bogdanovich, who was a sprinter, tried out for the Olympic Games, but did not qualify.

[5] Soon after her graduation, on August 12, 1940, in Skowhegan, Maine, Bogdanovich married Donald Loker, an actor who used the stage name Don Terry.

Along with Catherine Edgerton and Mattie Kinsey, among others, they established The Muses, a group of women dedicated to supporting the facility.

[11][7] The Donald P. and Katherine B. Loker Hydrocarbon Institute, dedicated in 1979, was the first university facility of its kind in the United States, and was named in their honor in 1984.

[8] They were founding members of the foundation to create the California State University, Dominguez Hills, and donated funds to build a new student union for the school.

[15] In 1990, she gave $7 million to develop and construct the Katherine Bogdanovich Loker Wing of the hydrocarbon research institute at USC.

The main reading room of the Widener Library was named in her honor for donations totaling approximately $30 million to the university.

[5] In 1993, she endowed a fund for California State University, Dominguez Hills, with a $200,000 gift, the largest merit scholarship in the school's history at that time.

[18] She donated $1.5 million in honor of her husband to establish the Donald P. Loker Acting Fellowship at the USC School of Theatre in 2006.

[11] She was awarded an honorary degree from California State University, Dominguez Hills, in 1999, and that year was recognized by The New York Times for her philanthropy.