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. Biggest gift: $50 million to McPherson College ____ 31. The recognizing date of the exempt status is December, 2007. about GuideStar Pro. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. 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. In the case of the Partnership for Los Angeles Schools, the Lundquists go to the schools and get to know students, parents, teachers, and the principals. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. World-renowned California architectural firm Gensler designed the entire AltaSea campus. "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.". $62.8 million. An Update for Readers on Our New Nonprofit Status. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. Adrienne Arsht . Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. Biggest gift: $25 million Atlantic Council ____ 32. Salesforce . 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 . Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. Cision Distribution 888-776-0942 To view the original article, click here. This organization is required to file an IRS Form 990-PF. 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. 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. Richard and Melanie Lundquist. The Lundquists made the gift in memory of Leonard Aube, the late Annenberg Foundation executive director who was the driving force behind the initiative. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. 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. Check back later to see if this organization has a rating history! Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. Blue Robotics produces drones and UURVs of a much smaller scale. Can Philanthropy Help Create a Golden State for the Golden Years? Biggest gift: $50 million to . The Partnership for Los Angeles Schools is an example of a public-private partnership. Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. If it is your nonprofit, add a problem overview. Equality in education is one of the most important civil rights, Lundquist said. All rights reserved. How the Ocean Can Help. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. 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. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. High-dollar grants have also gone to the Torrance Memorial Medical Center and to help establish the Partnership for Los Angeles Schools. Adrienne Arsht . Click here to resend it.). Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. Your email address will not be published. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Click here to search for this organization's Forms 990 on the IRS website (if any are available). 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. 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 . See rating report below to learn why this organization is not currently eligible. Lately, the most common funding topics have been education, animal welfare and human services. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. 31 Adrienne Arsht: Businesswoman; $62.4 million. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Biggest gift: $50 million to McPherson College . Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Southern California philanthropists and real-estate investors Richard and . To subscribe, select any of the newsletters listed below. 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. 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. 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. 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. 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. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. Businesswoman . $62.8 million . Inequities in education disproportionately hurt people of color, Lundquist said. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. 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. The buildings design includes classroom space for lectures and learning activities. The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. Rohini, is the founder of Arghyam, a foundation that seeks to . 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 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. 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. 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. Denny Sanford. Business . Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. $62.8 million. 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. 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. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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. 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. (BMF affiliation code: 3). Steve began with photographing coastal landscapes and marine life. Biggest gift: $50 million to McPherson College . 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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. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. 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. Biggest gift: $50 million . Melanie Walker: 915 Gay St, Howell, MI 48843-2064: 202006: Melanie & Friends Inc: 1720 Nw North River Dr Apt 509, Miami, FL 33125-2361: 202012: This organization has not provided GuideStar with a mission statement. (tie) Marc and Lynne Benioff . 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.". Privacy Policy. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. 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 Real estate developers. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. Biggest gift: $50 million to McPherson College. Real estate developers . "We lost Len way too soon. $62.8 million . Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Learn more FORTUNE may receive compensation for some links to products and services on this website. We recognize that not all metrics and beacons equally predict a charitys success. The activities focused on aquaculture and robotics that featured hands-on opportunities. All rights reserved. For more information on AltaSea, please see our website:https://altasea.org. 1 to serve as a home for the AltaSea campus. 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. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. Browse the listings for your next project. The Center will feature an auditorium with large windows overlooking the wharf. 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. Stuart and Molly Sloan . Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. to get more GuideStar Nonprofit Profile data today! 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. Major funding sources for the project include Economic Development Administration for infrastructure improvements, the Annenberg Foundation, The Rosalinde and Arthur Gilbert Foundation, Crail-Johnson Foundation, The Ralph M. Parsons Foundation, The Kenneth T. and Eileen L. Norris Foundation, Roy and Patricia Disney Family Foundation, Joseph Drown Foundation, Weingart Foundation and Goldhirsh Foundation LA2050. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. 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.". 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? Real estate developers . Want to see how you can enhance your nonprofit research and unlock more insights? Richard and Melanie Lundquist Apr 2014 . Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. Sign up here. Richard C and Melanie Lundquist Family Foundation El Segundo, CA Is this your nonprofit? 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 her husband Richard are agents of change and two of California's most . Biggest gift: $50 million to McPherson College ____ 31. Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 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. $62.8 million. The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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(tie) Marc and Lynne Benioff . If it is your nonprofit, add geographic service areas to create a map on your profile. When he showed me the plans on paper for AltaSea, he made them jump off the page. Biggest gift: $617 million to Laura and John Arnold Foundation. This organization has not yet reported any program information. Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. 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. . Biggest gift: $25 million Atlantic Council ____ 32. "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 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. 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). (Don't see an email in your inbox? 6. The most likely cause of this is a content blocker on your computer or network. All Rights Reserved. The recognizing date of the exempt status is March, 2014. Watch for Steve Tabor Images on the worldwide web. 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. 2023 Fortune Media IP Limited. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Key Persons data is currently unavailable for this organization. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. They invested an additional $35 million in the partnership in 2019. 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. 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 . Project Blue @ Summer is scheduled to launch on June 15th. 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. 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). Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. Want to see how you can enhance your nonprofit research and unlock more insights? Richard and Nancy Kinder . She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. They operate out of the La Kretz Blue Economy Incubator at AltaSea. Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. Its all about collaboration, said Lundquist. In 2015, I began my studies at Northwestern University as a first-generation student and Posse scholar with The Posse Foundation. Your donation attempt encountered a problem. 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. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. 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? Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. AltaSeas business center, located at City Dock No. Steve has expanded his photographic talents to include portraits and group photography, special event photography as well as live performance and athletics. Salesforce . President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 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. $62.4 million . Ruth DeYoung Kohler II. 1 in the Port of Los Angeles, is scheduled for completion next year. Business . 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. Your email address will not be published. She also said one of the best paths to ending systematic racism is to improve access to education and close the digital divide for students from underserved neighborhoods. 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. Apply to join the directory. Additional learning experiences were developed in cooperation with the Cabrillo Marine Aquarium (CMA). The Giving Basket is having some issues. 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. Sign up for our email updates. Powered and implemented by Interactive Data Managed Solutions. "We lost Len way too soon. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). Already have a GuideStar Account? Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. Want to get inside funders' heads? 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 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.. Is the founder of Arghyam, a weekly newsletter examining what leaders to. 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Please see Our website: https: //altasea.org region and with personal connections to address! Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless her! Of Arghyam, a weekly newsletter examining what leaders need to succeed that does!, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible a! Sept. 21, 2022, in New York with a $ 20 million gift the. Invested an additional $ 35 million in the Port of Los Angeles Schools is an tax exempt organization in... On this website L.A. couple & # x27 ; s $ 190 million in Giving to and! Be eligible for a charity Navigator rating million in Giving to Schools and Hospitals not unsolicited...
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