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. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. Check back later to see if this organization has a rating history! Already have a GuideStar Account? She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. Richard and Melanie Lundquist. to get more GuideStar Nonprofit Profile data today! You're faster than our page! Creating economic opportunities for future generations. See rating report below to learn why this organization is not currently eligible. About AltaSeaAltaSea at the Port of Los Angeles is creating a world-class, ocean-based campus where science, business and education come together to generate innovative solutions to the most critical global sustainability issues today: food, energy, and climate security. Real estate developers . Melanie Lundquist said the times that we are living through right now make her and her husband feel deeply committed to the causes they support, especially efforts to reduce racial and socioeconomic inequities in education and elsewhere. Richard and Melanie Lundquist. Another existing warehouse, Berth 57, will serve as the new home for the SCMI. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. . We are unable to fully display the content of this page. Top Things to Know About the Makoff Family Foundations SoCal Giving, To Combat an "Urgent Threat," a Donor Couple Makes a Big Commitment to News Literacy, An L.A. Learn more Sergey Brin. World-renowned California architectural firm Gensler designed the entire AltaSea campus. 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, Inspirational and Educational Opportunities. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. (tie) Marc and Lynne Benioff . Rating histories are available for a growing number of rated organizations. Watch for Steve Tabor Images on the worldwide web. If it is your nonprofit, add geographic service areas to create a map on your profile. AltaSea began with a grant from the Annenberg Foundation to conduct a visioning study for the new home of the Southern California Marine Institute, which will be relocated from its Terminal Island headquarters. They gave one of their biggest and most consequential gifts in 2007 when they donated $50 million to help create the Partnership for Los Angeles Schools, an effort to improve . Sign up here. The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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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. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. 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. Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). (BMF affiliation code: 3). Want to get inside funders' heads? Zero-calorie sweetener linked to heart attack and stroke, study finds, LA County reaches $28.85 million settlement with Kobe Bryants family, Jesus Revolution tells the true story of Christian hippies and an Orange County church, Denver gang member gave 14-year-old permission to open fire on woman with AR-15 after fender-bender, DA alleges, In 4 years, Lori Lightfoot went from breakout political star to divisive mayor of a Chicago beset by pandemic and crime, Florida lawmakers to consider expansion of so-called dont say gay law, Drone crashes at Disneyland after hovering over visitors heads See video, Rapper Travis Scott wanted for assaulting Manhattan club sound engineer, destroying $12K in equipment, Do Not Sell/Share My Personal Information. "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.". If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Estimates indicate the complete renovation and construction will cost upwards of $150 million. Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. About AltaSeaAltaSea at the Port of Los Angeles is creating a world-class, ocean-based campus where science, business and education come together to generate innovative solutions to the most critical global sustainability issues today: food, energy, and climate security. 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. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. please try again later. Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. 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. 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. AltaSea is focused on developing rapid solutions to our planet's most pressing challenges: food security, by producing sustainable proteins in the ocean; renewable energy supply; combating climate change; and exploring the 90% of the ocean that still remains a mystery. They gave one of their biggest and most consequential gifts in 2007 when they donated $50 million to help create the Partnership for Los Angeles Schools, an effort to improve student success in some of the citys highest-need public schools. When he showed me the plans on paper for AltaSea, he made them jump off the page. Real estate developers . The buildings design includes classroom space for lectures and learning activities. The Richard C and Melanie F Lundquist Family Foundation is a corporate foundation in El Segundo, CA, which was founded in 2001 and most recently had $10,000 in revenue and no employees. and discoveries. 8. Real estate developers . $62.8 million . Money Services Business Registrations; Moter Carriers; System for Award Management Entities; $62.8 million. Inequities in education disproportionately hurt people of color, Lundquist said. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. 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. Real estate developers. Real estate developers. Melanie and Richard Lundquist commit $25 million to McPherson College May 24, 2022 McPherson College in McPherson, Kansas, has announced a $25 million gift from Melanie and Richard Lundquist. The most likely cause of this is a content blocker on your computer or network. LOS ANGELES - Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed), a gift that will transform the institution by giving it a sustainable source of unrestricted funding to recruit and retain top researchers and provide the needed support and 2023 Fortune Media IP Limited. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. 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. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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. Businesswoman . 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. 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. 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. $62.8 million. Check out IPs directory of philanthropy and fundraising consultants. Explore GrantFinder, a powerful resource for IP subscribers. "We lost Len way too soon. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. $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. "We lost Len way too soon. $62.8 million . The AltaSea campus is designed to house ocean-based businesses and technologies, research laboratories, provide opportunities for students of all ages to further their knowledge in Science, Technology, Engineering and Mathematics (STEM) and develop and expand career paths as well as create economic opportunities in related fields and industries. All rights reserved. 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. Register now. Salesforce . Ratings are calculated from one or more beacon scores. Richard and Melanie Lundquist signed the Giving Pledge in 2018. 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. Richard and Melanie Lundquist - The Giving Pledge Richard and Melanie Lundquist "For us, philanthropy is the meaning of life and also what gives our lives true meaning. to try again. Business . They are establishing farms in the waters off the San Pedro coast. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. 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. Want to see how you can enhance your nonprofit research and unlock more insights? In February 2015, just before Aube died, AltaSea supporters and friends of Aube gathered at AltaSea to celebrate the renaming of a street as Leonard Aube Way, the avenue that leads to AltaSea. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Your email address will not be published. The Partnership for Los Angeles Schools is an example of a public-private partnership. All Rights Reserved. Richard and Melanie Lundquist. 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.. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. If it is your nonprofit, add a problem overview. 1 to serve as a home for the AltaSea campus. This organization has not yet reported any program information. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. 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. Ask the lawyer, Yo Pesci receives seven year sentence after flashing firearms on social media, Southern California home sales fall to all-time low, DA Gascn suspends attorney who prosecuted transgender child molester, Reports: Kings trade Quick to Blue Jackets, acquire Korpisalo, Gavrikov, Southern Californias mountain towns remain buried under snow with more on the way, Former CHP officer charged with assaulting woman during traffic stop near Santa Clarita, Some California cities cant stop apartment projects as developers use builders remedy, Killer keto? Lundquist said K-12 public-school education is a top giving priority because she and her husband believe everyone deserves a top-quality education regardless of where they live or how much money their family makes. 6. To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. For more information on AltaSea, please see our website:https://altasea.org. Your email address will not be published. For more information on AltaSea, please see our website:https://altasea.org. Biggest gift: $50 million . To subscribe, select any of the newsletters listed below. The Richard and Melanie Lundquist Fellows Program started in 2010, based on Partnership co-founders' Richard and Melanie Lundquist's vision to help identify and support future leaders in the Partnership's middle schools and high schools. Built on a historic pier with access to the deep ocean, AltaSea's campus brings people together to expand science-based understanding of the ocean; incubate and sustain ocean-related business; and pioneer new ocean-related education programs. An Update for Readers on Our New Nonprofit Status. The Lundquists' gift was made in memory of their friend Leonard Aube, the late Executive Director of the Annenberg Foundation who died in 2015 from colorectal cancer and was the driving force behind the creation of AltaSea. 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). 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.". "We lost Len way too soon. Project Blue @ Home offers live chats with AltaSeas partners, participation in a blog series, Heres the Blue Deal and access to learning tools. President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. This is typical for the foundation, which often gives less than $100,000 in total per year. Southern California philanthropists and real-estate investors Richard and . Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. 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. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Leadership & Adaptability methodology because we have not received data from the charity regarding its leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes.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. Can Philanthropy Help Create a Golden State for the Golden Years? Equality in education is one of the most important civil rights, Lundquist said. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. Once javascript and access to those URLs are allowed, please refresh this 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. Its that kind of personal connection that moves me.. 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. This five-year fellowship program seeks to further develop students who have demonstrated outstanding . Try a low commitment monthly plan today. Biggest gift: $617 million to Laura and John Arnold Foundation. Please make sure your computer, VPN, or AltaSea's mission isto accelerate scientific research, to facilitate job generation, and to inspire the next generation of scientists and entrepreneurs to create solutions for a sustainable ocean. Project Blue @ Summer is scheduled to launch on June 15th. Denny Sanford. AltaSea's mission isto accelerate scientific research, to facilitate job generation, and to inspire the next generation of scientists and entrepreneurs to create solutions for a sustainable ocean. Annual IP membership required. Salesforce . World-renowned California architectural firm Gensler designed the entire AltaSea campus. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. Powered and implemented by Interactive Data Managed Solutions. Cart ID: Not Assigned, Copyright 2022 | EIN 13-4148824 | Bridge ID 3108588923, Total Revenue and Expenses - No Data Available, Salary of Key Persons - No Data Available, IRS Published Data (Business Master File) - Data Available, Data Sources (IRS Forms 990) - Data Available, Learn more about the BMF on the IRS website, Click here to search for this organization's Forms 990 on the IRS website. Foundation 4 CFD accounts lose money, Registration on or use of page. General assignment stories check back later to see if this organization has a rating!. Site constitutes acceptance of our education, and human Services yet reported any information. Angeles Schools is an example of a public-private Partnership create a Golden State for SCMI. Less than $ 100,000 in total per year Ave Ste 200 gift commemorates late Annenberg Foundation Executive leonard. Off the page million to Laura and John Arnold Foundation: //altasea.org, Lundquist said, courts, government. 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