richard and melanie lundquist foundation

Built on a historic pier with access to the deep ocean, AltaSea's thirty-five-acre "campus for innovation" will be the new home of the Southern California Marine Institute, which is relocating from its Terminal Island location, and will feature research facilities and a science center in converted warehouses as well as newly constructed buildings. Richard and Melanie Lundquist . Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. Melanie S Amaral: Po Box 2325, Oakdale, CA 95361-5325: 202008: Melanie & Friends Inc Please refresh the page The site, which will make use of converted warehouses as well as newly constructed buildings, will include research facilities and a science center, and will provide connections to entrepreneurial start-ups. Real estate developers. The activities focused on aquaculture and robotics that featured hands-on opportunities. An Update for Readers on Our New Nonprofit Status. Browse the listings for your next project. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. The campus design was developed by Gensler, an architecture firm whose Los Angeles projects include the Banc of California Stadium in Exposition Park and the Ritz-Carlton Hotel and Residences and the J. W. Marriott at LA Live. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. "The entire AltaSea team is honored and humbled to follow in the footsteps of Len Aube as we work to bring the vision to reality," said Tim McOsker, CEO of AltaSea. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. The Lundquists are the owners of Continental Development Corporation, a commercial real estate and management company based in El Segundo that oversees 4 million square feet of premium office, commercial, hospitality, retail, entertainment, restaurant, and research and development properties - including the 30-acre Sky Park Complex in Torrance, The Giving Basket is having some issues. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. How the Ocean Can Help. Charity leaders can capture donors with stories about their charities beneficiaries. $62.8 million. FORTUNE may receive compensation for some links to products and services on this website. That led to a 50-year lease with the City of Los Angeles, a $46 million grant from the Los Angeles Harbor Department, and eventually, the incorporation of a stand-alone nonprofit, AltaSea, in 2014, with a Board of Trustees comprised of leaders in business, politics and civic life. Ratings are calculated from one or more beacon scores. $62.8 million. Businesswoman . Lundquist said she and her husband are driven by a desire to create systemic change, and they look at the big picture of what a nonprofit is trying to do. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. Biggest gift: $50 million to McPherson College . If it is your nonprofit, add a problem overview. Lately, the most common funding topics have been education, animal welfare and human services. Charities are in a total state of crisis, so philanthropy needs to accelerate its efforts to address the absolutely unprecedented needs were facing right now, Lundquist said. When he showed me the plans on paper for AltaSea, he made them jump off the page. Real estate developers . In February 2015, just before Aube's passing, AltaSea supporters and friends of Len including Richard and Melanie Lundquist along with elected officials including Los Angeles Mayor Eric Garcetti, gathered at AltaSea to celebrate the dedication of the newly-named "Leonard Aube Way"the avenue approaching AltaSea. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. For more information on AltaSea, please see our website:https://altasea.org. Mr. McOsker goes on to say, Any of the funds raised from leases or usage fees go directly towards the ongoing costs related to the upkeep of the facility and its operating costs.. Equality in education is one of the most important civil rights, Lundquist said. Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. The recognizing date of the exempt status is March, 2014. The people, governance practices, and partners that make the organization tick. Check out IPs directory of philanthropy and fundraising consultants. Offers may be subject to change without notice. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. and discoveries. Privacy Policy. To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Your donation attempt encountered a problem. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. $62.8 million . Biggest gift: $50 million to McPherson College . Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. Learn More Adrienne Arsht . Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. They operate out of the La Kretz Blue Economy Incubator at AltaSea. Give the page a little longer to finish That way they know what the obstacles are, and they can help to find sustainable solutions. 1s warehouses were originally used to store goods that were transported through the Canal intended for distribution along the West Coast. Need the ability to download nonprofit data and more advanced search options? However, the foundation is also known for awarding an occasional large grant, such as a $70 million unrestricted gift to the Los Angeles Biomedical Research Institute, which was renamed the Lundquist Institute upon receipt of this sizable donation. Stuart and Molly Sloan . Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. 8. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. I'm excited to share some of our newest plans, and I'm especially pleased that we'll be dedicating 'Leonard Aube Way' to my great friend and the Executive Director of the Annenberg Foundation, Leonard Aube.". They invested an additional $35 million in the partnership in 2019. The Lundquists, both 65, pledged $50-million to Torrance Memorial Medical Center to build a new main patient tower, bringing their total gifts for the tower to $55-million. "The entire AltaSea team is honored and humbled to follow in the footsteps of Len Aube as we work to bring the vision to reality," said Tim McOsker, CEO of AltaSea. Steve serves as a volunteer ranger for the Catalina Island Conservancy and uses this opportunity to document the flora and fauna of the islands interior as well as photograph special events and activities. 31 Adrienne Arsht: Businesswoman; $62.4 million. The Center of Innovation renovation of an existing 180,000 square foot warehouse, is designated for commercial purposes focusing on businesses engaged in aquaculture activities, the development of Unmanned Underwater Robotic Vehicles (UURVs), entrepreneurial opportunities in oceanic related businesses and serve as the winter home for Ocean Exploration Trust, established by famed oceanographer, Dr. Robert Ballard, who discovered the remains of the ill-fated Titanic. Through the efforts of the businesses and educational opportunities provided by AltaSea and its partners, it is apparent that we will not only look to the Port of Los Angeles to support our economy, but to play a vital role in creating sustainable energy and food sources as well as developing economic opportunities beyond those previously dreamed of. Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. Biggest gift: $50 million to . Our philanthropic journey has been our richest experience. 1 in the Port of Los Angeles, is scheduled for completion next year. Real estate developers. This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last six years. This organization has not yet reported any program information. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. The Center will feature an auditorium with large windows overlooking the wharf. Biggest gift: $50 million to McPherson College ____ 31. Lundquists Donate $5 Million for Ocean Sustainability Pr. AltaSea at the Port of Los Angeles Press Release, California Philanthropists Richard and Melanie Lundquist Donate $5 Million to AltaSea at the Port of Los Angeles, Sharefest Receives $1 Million From Melanie and Richard Lundquist, Lundquists Commit $70 Million to LA Biomedical Research Institute, Minderoo Foundation Launches Marine Research Initiative, Annenberg Foundation Pledges $20 Million for AltaSea Project, MacKenzie Scott launches giving website, details charitable process, Mormon Church obscured control of $32 billion portfolio, SEC finds, Applications and funding surge at HBCUs following racial reckoning, Citi Foundation launches $25 million food security initiative, Community-based efforts to reduce gun violence launched in four cities, Carnegie Mellon, Rales Foundation launch $150 million STEM initiative. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. about GuideStar Pro. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization. In February 2015, just before Aube's passing, AltaSea supporters and friends of Len including Richard and Melanie Lundquist along with elected officials including Los Angeles Mayor Eric Garcetti, gathered at AltaSea to celebrate the dedication of the newly-named "Leonard Aube Way"the avenue approaching AltaSea. 1 to serve as a home for the AltaSea campus. Rohini, is the founder of Arghyam, a foundation that seeks to . Are Cows causing Climate Change? "We lost Len way too soon. Since 2000, the Richard C. and Melanie Lundquist Family Foundation has been engaged in philanthropy in Southern California, supporting local nonprofits with small grants of a few hundred or thousand dollars each. When making the donation, Mr. Lundquist recognized Aubes inspirational plans for AltaSea, He had an inexplicable passion for what AltaSea could be for our young people, for entrepreneurs interested in the blue economy and most importantly for helping find solutions to combat climate change. The owner of the Continental Development Corporation went on to say, Melanie and I felt compelled to ensure that any money we would give to AltaSea should advance Lens memory and in doing so, recognize the investment of time and resources he made along with Wallis Annenberg and the Annenberg Foundation., McOsker says, This gift from Richard and Melanie Lundquist is a wonderful tribute to Len and inspires us even more to realize our campus of innovation, discovery, and education on ocean sustainability., McOsker points out that their fundraising activities continue, and he is grateful to the organizations and individuals who have supported and continue to support AltaSeas efforts to raise the funds to make required improvements to the buildings and infrastructure. AltaSea began with a grant from the Annenberg Foundationto conduct a visioning study for the new home of the Southern California Marine Institute (SCMI), which will be relocating from its Terminal Island headquarters. Copyright 2021 AltaSea. Richard and Melanie Lundquist . Southern California philanthropists Richard and Melanie Lundquist have made a $5 million gift to AltaSea at the Port of Los Angeles to advance ocean sustainability programs, announced as a surprise at a November 9 luncheon with AltaSea benefactors at the Lundquist home in the South Bay area of Los Angeles. Click here to resend it.). The site will make use of converted warehouses as well as newly constructed buildings to house research facilities and a science center, and will provide connections to entrepreneurial start- ups. Click here to search for this organization's Forms 990 on the IRS website (if any are available). All rights reserved. AltaSea is about uniting business, academia, and our scientific community to turn the Port of Los Angeles' public waterfront into the mecca for jobs and discovery and sustainability that it should be. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. A verification email has been sent to you. $62.8 million . Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. AltaSea's business center, located at City Dock No. $62.4 million . Both K-12 education and higher education receive support from the Lundquist family, as well as arts and culture organizations and healthcare groups in California. Inequities in education disproportionately hurt people of color, Lundquist said. OPEN GOV US. Tim McOsker, Chief Executive Officer of AltaSea, states, During the previous century, man explored space and benefitted from the knowledge gained and many innovations that were an outgrowth of the space program. Richard and his wife, Melanie, alongside then Los Angeles Mayor Antonio Villaraigosa, founded the Partnership for Los Angeles Schools in 2007 with a $50 million ten-year investment in the youth of Los Angeles. She said wealthy donors should give every penny thats been tax deducted in their private foundations and donor-advised funds to nonprofits that help people who are most in need. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. Biggest gift: $25 million Atlantic Council ____ 32. Terms & Conditions. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. (BMF affiliation code: 3). The Port of Los Angeles has always played a vital role in the supporting the economy of Southern California. In other sections of the Center, visitors will have the opportunity to interact with exhibits and displays related to the work being done by researchers and industry leaders. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Richard C and Melanie Lundquist Family Foundation. Learn more about the BMF on the IRS website, Private non-operating foundation (BMF foundation code: 04), Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). AltaSea is about uniting business, academia, and our scientific community to turn the Port of Los Angeles' public waterfront into the mecca for jobs and discovery and sustainability that it should be. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. loading and try your donation again. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. If the problem persists contact us. Biggest gift: $617 million to Laura and John Arnold Foundation. $62.8 million . The recognizing date of the exempt status is December, 2007. . The Port of Los Angeles agreed to provide $40 million in site improvements in a 50-year lease on a 35-acre property located at City Dock No. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Charles Lundquist founded the company in 1969, Richard Lundquist became its president in 1988 and the company has entered the medical office market since that time. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Salesforce is paying Matthew McConaughey reported $10 million a year for creative help despite laying off 8,000 CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. Although this foundation does not have a website or publicize its grantmaking protocols, it has been making the news in recent years because of occasional multimillion-dollar gifts to big-name institutions in the Los Angeles area. Richard and Melanie Lundquist donate $5 million, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Richard and Melanie Lundquist donate $5 million to San Pedros AltaSea, EPA orders rail company to clean up toxic Ohio spill, Austin seethes as some neighborhoods are still dark and cold, New Hampshires Mount Washington experiences record-setting wind chill, Greenpeace activists scale Shell oil platform in protest, Federal regulators block proposed Alaska mine, LAPD union wants to hand nonviolent calls over to to unarmed responders, Sing away the blues in San Pedro with a chorus from White Christmas, Is there a problem with paying cash for a car? This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. Adrienne Arsht . Richard and Melanie Lundquist . $62.8 million. LOS ANGELES, Nov. 21, 2019 /PRNewswire/ --Southern California philanthropists Richard and Melanie Lundquist have made a $5 million gift to AltaSea at the Port of Los Angeles to advance ocean sustainability programs, announced as a surprise at a November 9 luncheon with AltaSea benefactors at the Lundquist home in the South Bay area of Los Angeles. High-dollar grants have also gone to the Torrance Memorial Medical Center and to help establish the Partnership for Los Angeles Schools. This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. The site, which will make use of converted warehouses as well as newly constructed buildings, will include research facilities and a science center, and will provide connections to entrepreneurial start-ups. Prior to the COVID-19s Safer at Home implementation, AltaSea officials were working with representatives from the Los Angeles Unified School District and the Long Beach Unified School District to incorporate the Project Blue curriculum into their classrooms. Melanie Lundquist is not afraid to speak her mind about where she and her husband think philanthropists need to focus their giving and what role philanthropy must play in society today. It is here where AltaSea will erect its Visitor Engagement Center. $190 MILLION FOR STARTERS: Melanie and Richard Lundquist plan to give away much of the rest of their fortune before they die, maintaining a focus on public education and health care. As a classroom teacher he used photography to share the world and his experiences with his students. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. You may then be asked to log in, create an account if you don't already have one, They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. When typing in this field, a list of search results will appear and be automatically updated as you type. Real estate developers . Check back later to see if this organization has a rating history! She said she is drawn to organizations that express a deep sense of urgency to their missions and are open to long-term partnerships between public and private entities. $62.4 million . Finding true systemic solutions to improve struggling public schools motivated her and her husband to help start the Partnership for Los Angeles Schools, she explained. Richard and Melanie Lundquist Apr 2014 . She also thinks Congress should bar foundations from paying the salaries and travel expenses of a foundations family members so the foundation can meet more robust payout obligations. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. This is a cooperative learning and research laboratory shared by USC Wrigley Institute for Environmental Studies, UCLA, Occidental College, Ocean Studies Institute California State Universities, Los Angeles Community College District, The Bay Foundation, California Science Center and National Oceanic and Atmospheric Administration (NOAA). Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. RICHARD C AND MELANIE LUNDQUIST FAMILY FOUNDATION EL SEGUNDO, CA 90245-4792 | Tax-exempt since Aug. 2001 EIN: 95-4872582 Classification ( NTEE ) Corporate Foundations (Philanthropy, Voluntarism. Southern California philanthropists Richard and Melanie Lundquist announced Thursday, Nov. 22, that they provided $5 million to AltaSea, a nonprofit organization that operates at the Port of Los Angeles, so it can conduct ocean-sustainability programs. Creating economic opportunities for future generations. 7. about GuideStar Pro. We recognize that not all metrics and beacons equally predict a charitys success. Business . He had an inexplicable passion for what AltaSea could be for our young people, for entrepreneurs interested in the blue economy and most importantly for helping find solutions to combat climate change.. Sign up for our email updates. AltaSea at the Port of Los Angeles, a public-private initiative working to build a marine research center on the San Pedro waterfront, has announced a $5 million gift from Richard and Melanie Lundquist in support of its ocean sustainability programs. or subscribe. Explore GrantFinder, a powerful resource for IP subscribers. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. The Chronicle recently invited Melanie Lundquist to share her thoughts in an online briefing on the role philanthropy should play during this historic moment of crises. Currently, AltaSea is working with potential partners for the expansion of the AltaSea vision on this parcel. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Other discoveries may include new medicines and other ways to improve our daily lives. McOsker concludes, AltaSeas task is not to make these discoveries, but to create an environment that serves as a platform for others to make this possible and inspire future generations, just as we were inspired by our space program.. See rating report below to learn why this organization is not currently eligible. Rating histories are available for a growing number of rated organizations. Click on the link in that email Richard and Melanie Lundquist signed the Giving Pledge in 2018. Biggest gift(s): $50 million apiece to Boys & Girls Clubs of Greater Cincinnati, Catholic Inner City Schools Education Foundation, Notre Dame Law School, St. Xavier High School, Xavier University . He had an inexplicable passion for what AltaSea could be for our young people, for entrepreneurs interested in the blue economy and most importantly for helping find solutions to combat climate change," said Richard Lundquist, owner of Continental Development Corporation, adding, "Melanie and I felt compelled to ensure that any money we would give to AltaSea should advance Len's memory and in doing so, recognize the investment of time and resources he made along with Wallis Annenberg and the Annenberg Foundation.". President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. During the event, Wallis Annenberg, Chairman, President and CEO of the Annenberg Foundation, said: "The ocean may be the most precious public resource we have, a life source unlike any other on the planet. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. Melanie Brensinger: 63 Pearl Street 301, Brooklyn, NY 11201-1147: Biggest gift: $65 million to Marine Corps Scholarship Foundation. Unable to update subscription. This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last six years. Business . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AltaSea at the Port of Los Angeles is dedicated to accelerating scientific collaboration, advancing an emerging blue economy through business innovation and job creation, and inspiring the next generation, all for a more sustainable, just and equitable world. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean, incubating and sustain ocean-related businesses, and pioneering ocean-related education programs. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. Currently, the Boeing Company leases space to test the 51 ft. UURV, Echo Voyager. All Rights Reserved. By the time Melanie and Richard Lundquist signed the Giving Pledge in 2018, they had already given about $190 million, primarily to education and health care nonprofits. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Accountability & Finance methodology because it files Form 990-PF, as required of Private Foundations. The Melanie Finley Ovarian Cancer Foundation, Inc. Biggest gift: $25 million Atlantic Council ____ 32. 1 in the Port of Los Angeles, is scheduled for completion next year. To view the original article, click here. The Form 990 is a document that nonprofit organizations file with the IRS annually. Once javascript and access to those URLs are allowed, please refresh this page. Biggest gift: $50 million to McPherson College ____ 31. That led to a 50- year lease with the city of Los Angeles, a $46 million grant from the Los Angeles Harbor Department and the creation of AltaSea in 2014. AltaSea at the Port of Los Angeles, a public-private initiative working to build a marine research center on the San Pedro waterfront, has announced a $5 million gift from Richard and Melanie Lundquist in support of its ocean sustainability programs.. Its all about collaboration, said Lundquist. The last parcel slated for development in Phase 1 is the open space adjacent to Berth 57. We are unable to fully display the content of this page. Richard and Melanie Lundquist. Please check your inbox in order to proceed. Inspirational and Educational Opportunities. Can Philanthropy Help Create a Golden State for the Golden Years? Richard and Melanie Lundquist co-own Continental Development Corp., a commercial development company based in Southern California. Hathaway $ 758.8 million biggest gift: $ 50 million to Marine Corps Scholarship Foundation ____ 30 job. 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