Please make sure your computer, VPN, or to get more GuideStar Nonprofit Profile data today! Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. 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. 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. 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. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. 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. Charity leaders can capture donors with stories about their charities beneficiaries. 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. 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.". The buildings design includes classroom space for lectures and learning activities. 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. 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. 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 . Real estate developers . LinkedIn has officially entered its cringe era, and its working. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. AltaSea's business center, located at City Dock No. When he showed me the plans on paper for AltaSea, he made them jump off the page. After renovation, on-campus educational opportunities abound. Stuart and Molly Sloan . Biggest gift: $50 million to McPherson College . Money Services Business Registrations; Moter Carriers; System for Award Management Entities; See rating report below to learn why this organization is not currently eligible. To view the original article, click here. AltaSea's business center, located at City Dock No. This organization has not provided GuideStar with a mission statement. 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. If it is your nonprofit, add geographic service areas to create a map on your profile. (tie) Marc and Lynne Benioff . Richard C and Melanie Lundquist Family Foundation. 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? Our discoveries will include the development of sustainable food sources and energy sources that will have less of an impact on our planet. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Adrienne Arsht . In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. Business . 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. President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million . Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. Your email address will not be published. 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 Biggest gift: $50 million to McPherson College ____ 31. Lately, the most common funding topics have been education, animal welfare and human services. 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. Educational opportunities on-campus and off-campus play a vital role in AltaSeas mission. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. 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. Richard and Melanie Lundquist . 1s warehouses were originally used to store goods that were transported through the Canal intended for distribution along the West Coast. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. 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. The Giving Basket is having some issues. 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. Powered and implemented by Interactive Data Managed Solutions. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. 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. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. Currently, AltaSea is working with potential partners for the expansion of the AltaSea vision on this parcel. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. When he showed me the plans on paper for AltaSea, he made them jump off the page. Real estate developers . 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. $62.4 million . 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. World-renowned California architectural firm Gensler designed the entire AltaSea campus. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. 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. Southern California philanthropists and real-estate investors Richard and . During their study of robotics, students received assistance from U.S. Navy personnel. 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. Click here to resend it.). Contact the City News Service newsroom at 310-481-0404 or [email protected]. 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. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. about GuideStar Pro. "We lost Len way too soon. The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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FORTUNE may receive compensation for some links to products and services on this website. to try again. High-dollar grants have also gone to the Torrance Memorial Medical Center and to help establish the Partnership for Los Angeles Schools. 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 . OPEN GOV US. They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. 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. We recognize that not all metrics and beacons equally predict a charitys success. The Lundquists made the gift in memory of Leonard Aube, the late Annenberg Foundation executive director who was the driving force behind the initiative. $62.4 million . Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. Want to see how you can enhance your nonprofit research and unlock more insights? Adrienne Arsht . She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. 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. 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. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. $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. Lundquist had strong words for her fellow philanthropists. 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. Salesforce . In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. 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. This organization is required to file an IRS Form 990-PF. 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. 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. Annual IP membership required. Biggest gift: $50 million to McPherson College . Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. and discoveries. Its all about collaboration, said Lundquist. Sign up for our email updates. 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. This five-year fellowship program seeks to further develop students who have demonstrated outstanding . Creating economic opportunities for future generations. Already have a GuideStar Account? Check out IPs directory of philanthropy and fundraising consultants. 1 in the Port, is scheduled to be completed next year. 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. 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 Center will feature an auditorium with large windows overlooking the wharf. 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. Candid gets you the information you need to do good. 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. How the Ocean Can Help. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. We leverage finance and accountability data from it to form Encompass ratings. 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. Richard and Melanie Lundquist. 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. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. (Don't see an email in your inbox? 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.. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. Richard and Melanie Lundquist . Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. Systemic change requires donors to work within the system, she said. The Lundquists gift was made in memory of their friend, Leonard Aube, former executive director of the Annenberg Foundation. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. Our philanthropic journey has been our richest experience. If you continue to experience issues, contact us at 202-466-1032 or [email protected]. 31 Adrienne Arsht: Businesswoman; $62.4 million. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Richard and Melanie Lundquist . The Port of Los Angeles has always played a vital role in the supporting the economy of Southern California. Privacy Policy. 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. Ratings are calculated from one or more beacon scores. 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 Money Services Business Registrations; Moter Carriers; System for Award Management Entities; Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. For more information on AltaSea, please see our website:https://altasea.org. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. They operate out of the La Kretz Blue Economy Incubator at 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 . AltaSeas business center, located at City Dock No. AltaSeas Phase 2 consists of developing the 17 acres adjacent property to the east of the existing warehouses which will be renovated into the Center of Innovation and Science Center. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. 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