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. $62.8 million . Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. 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). Give the page a little longer to finish Real estate developers. To view the original article, click here. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. 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This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. 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. 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 Apr 2014 . 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.". 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. Candid gets you the information you need to do good. (Don't see an email in your inbox? Richard and Melanie Lundquist. 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. 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? The last parcel slated for development in Phase 1 is the open space adjacent to Berth 57. Learn More 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. Real estate developers . Biggest . Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. We recognize that not all metrics and beacons equally predict a charitys success. Salesforce . 7. These are the donors who gave the most in 2022, according to The Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. 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. Our discoveries will include the development of sustainable food sources and energy sources that will have less of an impact on our planet. Sign up for our email updates. 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. 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. 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. This organization has no recorded board members. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. 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. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. Once javascript and access to those URLs are allowed, please refresh this page. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. 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. 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. 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 . Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. 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. 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. 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.. (tie) Marc and Lynne Benioff . Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 Your email address will not be published. . $62.8 million. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. Ratings are calculated from one or more beacon scores. Biggest gift: $50 million to McPherson College. Can Philanthropy Help Create a Golden State for the Golden Years? Denny Sanford. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Offers may be subject to change without notice. Unable to update subscription. 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. Biggest gift: $50 million to McPherson College . 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. Cision Distribution 888-776-0942 They are establishing farms in the waters off the San Pedro coast. Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. Biggest gift: $50 million to McPherson College ____ 31. Biggest gift: $50 million to . You may then be asked to log in, create an account if you don't already have one, 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. $62.4 million . Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. The people, governance practices, and partners that make the organization tick. Biggest gift: $50 million to McPherson College . They operate out of the La Kretz Blue Economy Incubator at AltaSea. 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.". The Form 990 is a document that nonprofit organizations file with the IRS annually. Sign in. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. It is here where AltaSea will erect its Visitor Engagement Center. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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 help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. Southern California philanthropists and real-estate investors Richard and . "We lost Len way too soon. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. 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. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. The Lundquists gift was made in memory of their friend, Leonard Aube, former executive director of the Annenberg Foundation. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Richard and Melanie Lundquist co-own Continental Development Corp., a commercial development company based in Southern California. 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. 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, About UsContact UsConsultants DirectoryFAQ & HelpTerms of UsePrivacy Policy, Individual Subscriptions Multi-User Subscriptions , What SoCal Groups Should Know About the Lundquist Family Foundation, IPs full profile of the Richard C. and Melanie Lundquist Family Foundation, How Katie McGrath and J.J. Abrams Give in Southern California, What the Marino Family Charitable Foundation Supports in California. Real estate developers . Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. 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 . Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. 1 in the Port of Los Angeles, is scheduled for completion next year. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. about GuideStar Pro. Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). Money Services Business Registrations; Moter Carriers; System for Award Management Entities; One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. 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. 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. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. If it is your nonprofit, add geographic service areas to create a map on your profile. 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). (BMF affiliation code: 3). 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. 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. Apply to join the directory. Businesswoman . 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. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. 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. 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.. The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. 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. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.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. 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 . Currently, the Boeing Company leases space to test the 51 ft. UURV, Echo Voyager. An Update for Readers on Our New Nonprofit Status. "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. Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. The Port of Los Angeles has always played a vital role in the supporting the economy of Southern California. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Sign up here. Richard and Melanie Lundquist . Click on the link in that email Program Takes a Unique Approach to Participatory Grantmaking Putting it to a Vote, Passing the Torch: A Family Foundation Empowers Dozens of Young Philanthropists, A Look at How the Majestic Realty Foundation Supports Los Angeles Nonprofits, The Regional Arts Philanthropy Boom, So Cal Style: The OCMA Gets a New Home, A New Space for Old Folks: An L.A. Funder Is Pioneering the Future of Senior Centers, Seven Questions for Nichol Whiteman, CEO of the Los Angeles Dodgers Foundation, Intergenerational Music-Making: How One Funder's Tackling Loneliness and Division, Richard C. And Melanie Lundquist Family Foundation. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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. 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. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. Are Cows causing Climate Change? Steve began with photographing coastal landscapes and marine life. 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. OPEN GOV US. Powered and implemented by Interactive Data Managed Solutions. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. from 8 AM - 9 PM ET. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. $62.4 million . 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. Click here to search for this organization's Forms 990 on the IRS website (if any are available). 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. Stuart and Molly Sloan . Richard and Melanie Lundquist. 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. Terms & Conditions. During their study of robotics, students received assistance from U.S. Navy personnel. 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 . Biggest gift: $50 million to McPherson College . 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. 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.. 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: 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. "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.". Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. This next century, we must turn to ocean exploration for greater understanding and knowledge to find solutions to many issues we are facing on this planet such as global warming and rising sea levels. Rating histories are available for a growing number of rated organizations. Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. $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. FORTUNE may receive compensation for some links to products and services on this website. 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. Predict a charitys success or more beacon scores Internal Revenue Service ( IRS ), local and! Foundation ( EIN # 461099234 ) is an tax exempt organization located in El Segundo,.... Scholarship Foundation ____ 30, Riverside and San Diego counties Angeles has always played a vital in! To keep in mind about the Lundquist Family Foundations recent tax filings reveals numerous grants between $ 100 $... Was made in memory of their time taking a hands-on approach to their Philanthropy if it is where. The percentage each beacon contributes to preselected organizations that it seeks out: Various 3 to finish estate! 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