Biggest gift: $50 million to McPherson College. 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. 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 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? 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. 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. 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. Biggest gift: $65 million to Marine Corps Scholarship Foundation. 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. Biggest gift: $50 million to McPherson College ____ 31. Powered and implemented by Interactive Data Managed Solutions. "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.". 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. 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. 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. The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. A verification email has been sent to you. Jacklyn and Miguel Bezos President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million 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. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Try a low commitment monthly plan today. Its that kind of personal connection that moves me.. Richard and Melanie Lundquist. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 Browse the listings for your next project. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. 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. 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. If it is your nonprofit, add geographic service areas to create a map on your profile. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. Melanie and her husband Richard are agents of change and two of California's most . Learn More 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. 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 . Sign in. 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 Want to see how you can enhance your nonprofit research and unlock more insights? 8. Project Blue @ Weekends provides students of all ages and their parents the ability to engage in weekly hands-on contest opportunities to develop solutions for global challenges. The Giving Basket is having some issues. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Richard and Melanie Lundquist . to get more GuideStar Nonprofit Profile data today! To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Real estate developers. 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. 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. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. Rating histories are available for a growing number of rated organizations. Lundquist had strong words for her fellow philanthropists. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). We leverage finance and accountability data from it to form Encompass ratings. Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. Real estate developers . Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. Biggest gift: $50 million to McPherson College. The most likely cause of this is a content blocker on your computer or network. This organization has no recorded board members. Key Persons data is currently unavailable for this organization. Students and instructors from California Institute of Technology (Cal Tech) have used AltaSeas waterside access to conduct tests and research on the UURVs they develop in their labs at the Jet Propulsion Laboratory (JPL). please try again later. 6. The Melanie Finley Ovarian Cancer Foundation, Inc. Register now. Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. 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 . All rights reserved. During their study of robotics, students received assistance from U.S. Navy personnel. $62.8 million . 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. Richard and Melanie Lundquist. This is typical for the foundation, which often gives less than $100,000 in total per year. Want to get inside funders' heads? This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. The Center will feature an auditorium with large windows overlooking the wharf. Learn more to try again. 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. $62.4 million . 31 Adrienne Arsht: Businesswoman; $62.4 million. Ratings are calculated from one or more beacon scores. Business . The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. Officers, directors, trustees, and key employees, Analyze a variety of pre-calculated financial metrics, Access beautifully interactive analysis and comparison tools, Compare nonprofit financials to similar organizations, Revenue and expense data for the current fiscal year, CEO, Board Chair, and Board of Directors information, *with the ability to download the data for 2020, 2019, 2018, 2017, 2016. Offers may be subject to change without notice. View original content:http://www.prnewswire.com/news-releases/california-philanthropists-richard-and-melanie-lundquist-donate-5-million-to-altasea-at-the-port-of-los-angeles-300963334.html, Plus500. Richard and Melanie Lundquist . This organization is required to file an IRS Form 990-PF. Biggest gift: $50 million to McPherson College ____ 31. 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. Give the page a little longer to finish AltaSea's business center, located at City Dock No. 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. Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. $62.4 million . Your email address will not be published. When he showed me the plans on paper for AltaSea, he made them jump off the page. 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. Denny Sanford. Note: The absence of a rating does not indicate a positive or negative assessment; it only indicates that we have not yet evaluated this organization. Southern California philanthropists and real-estate investors Richard and . They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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See rating report below to learn why this organization is not currently eligible. 2023 Fortune Media IP Limited. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. Real estate developers . AltaSea's business center, located at City Dock No. Systemic change requires donors to work within the system, she said. Real estate developers . Biggest gift: $5.1 billion to Bill & Melinda Gates Foundation, Founder of Bloomberg financial news company, Biggest gift: $474.3 million to Susan Thompson Buffett Foundation, President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel), Biggest gift: $710.5 million to Fred Hutchinson Cancer Center, Retired hedge-fund manager (John) and former lawyer (Laura), Biggest gift: $617 million to Laura and John Arnold Foundation, Biggest gift: $440 million to Ruth Foundation for the Arts, Biggest gift: $274.3 million to Sergey Brin Family Foundation, Biggest gift: $150 million to University of California at San Diego, Biggest gift: $321.8 million to A. James & Alice B. Clark Foundation, 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, Co-founder of Kohlberg Kravis Roberts international investment firm, Biggest gift: $140 million to Claremont McKenna College, Chairman emeritus of the Estee Lauder Companies, Biggest gift: $125 million to University of Pennsylvania Perelman School of Medicine, Biggest gift: $164 million to Sobrato Family Foundation, Biggest gift: $106 million to Hoag Hospital Foundation, Biggest gift: $100 million to Loyola University Chicago, Biggest gift: $75 million to Joan and Irwin Jacobs Fund at the Jewish Community Foundation of San Diego, Biggest gift: $100 million to Boston University Aram V. Chobanian & Edward Avedisian School of Medicine, Biggest gift: $100 million to Barack Obama Foundation, Biggest gift(s): $50 million apiece to Lenfest Institute for Journalism and Museum of the American Revolution, Biggest gift: $100 million to Samford University, Biggest gift: $100 million New York University, Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund, Biggest gift: $78 million to Fred Hutchinson Cancer Center, Biggest gift: $12.7 million to Community Foundation Tampa Bay, Biggest gift: $48.2 million to WoodNext Philanthropies, Biggest gift: $47 million to Schmidt Ocean Institute, Biggest gift: $65 million to Marine Corps Scholarship Foundation, Biggest gift: $50 million to McPherson College, Biggest gift: $25 million Atlantic Council, Biggest gift: $60 million to University of California at Santa Barbara, Biggest gift: $50 million to University of Pennsylvania Perelman School of Medicine, Biggest gift: $25 million to American Friends of the Ocean Cleanup, Granite Telecommunications co-founder and wife, Biggest gift: $52.3 million to Fox Rock Foundation, Biggest gift: $50 million to University of Houston Tilman J. Fertitta Family College of Medicine, Biggest gift: $55 million University of Pennsylvania, Biggest gift: $55 million to Barnard Colllege, Biggest gift: $50 million to Oregon State University Foundation, Biggest gift: $50 million to Thomas R. Kline School of Law of Duquesne University, Biggest gift: $46 million to Miami University, Biggest gift: $44 million to Texas Tech University, Biggest gift: $45 million to Community Foundation of Greater Des Moines, Biggest gift: $25.4 million to Purdue University, Biggest gift: $44 million to University of Virginia Darden School of Business, Biggest gift: $41.3 million to Utah State University, 49. 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. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Biggest gift: $274.3 million to Sergey Brin Family Foundation. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Please make sure your computer, VPN, or A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. Biggest gift: $25 million Atlantic Council ____ 32. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Revenue and expense data is not available for this organization. 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. Want to see how you can enhance your nonprofit research and unlock more insights? Such partnerships are important right now, she said, because there isnt enough public money to meet the needs of society today, and its crucial for philanthropy and government to work together to help more people. All rights reserved. The buildings design includes classroom space for lectures and learning activities. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . Sign up here. 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. $62.8 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. The recognizing date of the exempt status is March, 2014. 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. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. "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.". Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. Click here to resend it.). 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. 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. 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.". Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. 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. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. 30. 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. Estimates indicate the complete renovation and construction will cost upwards of $150 million. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. Please check your inbox in order to proceed. (Don't see an email in your inbox? (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. After renovation, on-campus educational opportunities abound. 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'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. Copyright 2021 AltaSea. 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. about GuideStar Pro. Biggest gift: $50 million to . 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.. 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.". Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Business . The Partnership for Los Angeles Schools is an example of a public-private partnership. This organization has not yet reported any program information. Salesforce . Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. Richard and Melanie Lundquist . Our philanthropic journey has been our richest experience. 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. We are unable to fully display the content of this page. Rohini, is the founder of Arghyam, a foundation that seeks to . 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. They invested an additional $35 million in the partnership in 2019. 1 in the Port of Los Angeles, is scheduled for completion next year. Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. 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. 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. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. 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. 1s warehouses were originally used to store goods that were transported through the Canal intended for distribution along the West Coast. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. 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 . 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? Terms & Conditions. 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. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. Watch for Steve Tabor Images on the worldwide web. Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. 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. Project Blue @ Summer is scheduled to launch on June 15th. This funder, here are some facts to keep in mind about the Lundquist Family Foundation is that it out. An El Segundo, Calif is your nonprofit, add richard and melanie lundquist foundation service areas to create collaborations... Supports organizations involved with arts and culture, K-12 and higher education, and other organizations is that it out... Or create an account to view Form ( s ) 990 for 2020, 2019 and 2018 Hathaway! 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