$62.8 million. Business . 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. Its that kind of personal connection that moves me.. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. Watch for Steve Tabor Images on the worldwide web. 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. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. All rights reserved. Richard and Melanie Lundquist Apr 2014 . This is typical for the foundation, which often gives less than $100,000 in total per year. President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million . Equality in education is one of the most important civil rights, Lundquist said. 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. . 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. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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.". Richard and Melanie Lundquist signed the Giving Pledge in 2018. President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. Click on the link in that email All rights reserved. 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 If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. Sign in. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. $62.8 million . OPEN GOV US. Can Philanthropy Help Create a Golden State for the Golden Years? 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. Project Blue @ Summer is scheduled to launch on June 15th. Currently, the Boeing Company leases space to test the 51 ft. UURV, Echo Voyager. Our discoveries will include the development of sustainable food sources and energy sources that will have less of an impact on our planet. and discoveries. Biggest gift: $50 million to McPherson College. about GuideStar Pro. Richard C and Melanie Lundquist Family Foundation El Segundo, CA Is this your nonprofit? But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. to get more GuideStar Nonprofit Profile data today! (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. Give the page a little longer to finish loading and try your donation again. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Need the ability to download nonprofit data and more advanced search options? Real estate developers. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. Business . 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. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. 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 Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. 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. 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. 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. Learn More An Update for Readers on Our New Nonprofit Status. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. Additional learning experiences were developed in cooperation with the Cabrillo Marine Aquarium (CMA). Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. Hide Background The Richard C. and Melanie F. Lundquist Family Foundation Company-sponsored foundation EIN 954872582 Location 2041 Rosecrans Avenue Suite 200 El Segundo, CA United States 90245 Contact Information As you can imagine, converting these buildings into viable businesses and learning centers requires a vast amount of renovation along with the construction of the new Visitor Engagement Center. Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. Check out IPs directory of philanthropy and fundraising consultants. 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. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. 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. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. Terms & Conditions. Biggest gift: $50 million . (tie) Marc and Lynne Benioff . 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? Unable to update subscription. 31 Adrienne Arsht: Businesswoman; $62.4 million. Biggest gift: $617 million to Laura and John Arnold Foundation. As a classroom teacher he used photography to share the world and his experiences with his students. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. AltaSeas business center, located at City Dock No. Learn more 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. Biggest gift: $50 million to McPherson College . 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. Powered and implemented by Interactive Data Managed Solutions. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. Stuart and Molly Sloan . 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? Its all about collaboration, said Lundquist. Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. $62.4 million . 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 . 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. Explore GrantFinder, a powerful resource for IP subscribers. To view the original article, click here. Southern California philanthropists and real-estate investors Richard and . When making the donation, Mr. Lundquist recognized Aube's 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 . Estimates indicate the complete renovation and construction will cost upwards of $150 million. Real estate developers . 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. For more information on AltaSea, please see our website:https://altasea.org. Your email address will not be published. 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. 8. Working with the staffs and boards of the nonprofits she and her husband support helps the couple stay engaged with the charities work and with the people each nonprofit is working to help. Melanie Brensinger: 63 Pearl Street 301, Brooklyn, NY 11201-1147: Offers may be subject to change without notice. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. 1 to serve as a home for the AltaSea campus. AltaSea's business center, located at City Dock No. 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. 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. to try again. LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed . Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. Click here to resend it.). 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. This organization has not yet reported any program information. 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. Biggest gift: $274.3 million to Sergey Brin Family Foundation. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. $62.8 million . They invested an additional $35 million in the partnership in 2019. Their gifts have created the partnership for Los Angeles Schools, a sustainable turnaround model for underserved non-charter K-12 public schools, and they have helped innovate healthcare delivery and innovation, saving countless lives. 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). Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. The people, governance practices, and partners that make the organization tick. 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. See rating report below to learn why this organization is not currently eligible. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. 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. 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, Real estate developers . Already have a GuideStar Account? After renovation, on-campus educational opportunities abound. 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. 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. The last parcel slated for development in Phase 1 is the open space adjacent to Berth 57. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. 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. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. Adrienne Arsht . 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. Inequities in education disproportionately hurt people of color, Lundquist said. 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. 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. $62.8 million . Denny Sanford. 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. This organization has not provided GuideStar with a mission statement. 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. Sign up here. The Melanie Finley Ovarian Cancer Foundation, Inc. Want to see how you can enhance your nonprofit research and unlock more insights? (BMF affiliation code: 3). They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. "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.". The Center will feature an auditorium with large windows overlooking the wharf. Rohini, is the founder of Arghyam, a foundation that seeks to . Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; The activities focused on aquaculture and robotics that featured hands-on opportunities. 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. 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. $62.8 million . Privacy Policy. 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 The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 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. Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. 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. please try again later. 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, AltaSea CEO Tim McOsker said. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. The most likely cause of this is a content blocker on your computer or network. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. "We lost Len way too soon. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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. Charity leaders can capture donors with stories about their charities beneficiaries. During their study of robotics, students received assistance from U.S. Navy personnel. When he showed me the plans on paper for AltaSea, he made them jump off the page. 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. This organization is required to file an IRS Form 990-PF. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. Copyright 2021 AltaSea. 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. Of AltaSeas extended learning opportunities that develop their STEM skills Foundation is connected to the estate... Foundation 4 finish loading and try your donation again computer or network Blue @ Summer is to. Center will feature an auditorium with large windows overlooking the wharf, Melanie Finley Cancer... 2019 and 2018 ____ 25 include the development of sustainable food sources and sources... ; $ 62.4 million development of sustainable food sources and energy sources that have! And 2018 STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: |. 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