All rights reserved. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 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. Estimates indicate the complete renovation and construction will cost upwards of $150 million. We are unable to fully display the content of this page. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. 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 people, governance practices, and partners that make the organization tick. Business . 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. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). 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 just prior to the opening of the Panama Canal in approximately 1915, City Dock No. The activities focused on aquaculture and robotics that featured hands-on opportunities. Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. Offers may be subject to change without notice. We lost Len way too soon. Biggest gift: $274.3 million to Sergey Brin Family Foundation. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. 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 . This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. 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. 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. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. 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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. "We lost Len way too soon. FORTUNE may receive compensation for some links to products and services on this website. The Port of Los Angeles has always played a vital role in the supporting the economy of Southern California. 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. Unable to update subscription. OPEN GOV US. They are establishing farms in the waters off the San Pedro coast. In 2015, I began my studies at Northwestern University as a first-generation student and Posse scholar with The Posse Foundation. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The Center will feature an auditorium with large windows overlooking the wharf. All rights reserved. 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. 30. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. 6. 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. Our philanthropic journey has been our richest experience. Sign up here. This organization has not provided GuideStar with a mission statement. 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. We recognize that not all metrics and beacons equally predict a charitys success. Please check your inbox in order to proceed. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. The Lundquists gift was made in memory of their friend, Leonard Aube, former executive director of the Annenberg Foundation. 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. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. Sign up for our email updates. 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. Working with the staffs and boards of the nonprofits she and her husband support helps the couple stay engaged with the charities work and with the people each nonprofit is working to help. Click here to search for this organization's Forms 990 on the IRS website (if any are available). The Melanie Finley Ovarian Cancer Foundation, Inc. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. Biggest gift: $25 million Atlantic Council ____ 32. Initially, The Boys and Girls Clubs of the LA Harbor participated in the Project Blue curriculum. Real estate developers. Blue Robotics produces drones and UURVs of a much smaller scale. Adrienne Arsht . Biggest gift: $50 million to McPherson College ____ 31. This is typical for the foundation, which often gives less than $100,000 in total per year. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Click here to resend it.). Currently, the Boeing Company leases space to test the 51 ft. UURV, Echo Voyager. Richard and Melanie Lundquist. loading and try your donation again. 2023 Fortune Media IP Limited. If it is your nonprofit, add geographic service areas to create a map on your profile. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. (BMF affiliation code: 3). Can Philanthropy Help Create a Golden State for the Golden Years? Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. 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. Stuart and Molly Sloan . Watch for Steve Tabor Images on the worldwide web. 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. 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. Register now. 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. 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. Richard and Melanie Lundquist. 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. During the event, Wallis Annenberg, Chairman, President and CEO of the Annenberg Foundation, said: "The ocean may be the most precious public resource we have, a life source unlike any other on the planet. Biggest gift: $50 million to McPherson College. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Equality in education is one of the most important civil rights, Lundquist said. 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. When he showed me the plans on paper for AltaSea, he made them jump off the page. 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. But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. 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. Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. 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. The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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Check out IPs directory of philanthropy and fundraising consultants. Melanie and her husband Richard are agents of change and two of California's most . To view the original article, click here. Richard and Melanie Lundquist . The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Richard and Nancy Kinder . 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. "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.". FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. 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: 8. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. 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. 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 . To subscribe, select any of the newsletters listed below. Richard and Melanie Lundquist Apr 2014 . 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: $65 million to Marine Corps Scholarship Foundation. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. 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. 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. They operate out of the La Kretz Blue Economy Incubator at AltaSea. Inspirational and Educational Opportunities. To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. The Giving Basket is having some issues. The Port of Los Angeles agreed to provide $40 million in site improvements in a 50-year lease on a 35-acre property located at City Dock No. 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. 31 Adrienne Arsht: Businesswoman; $62.4 million. Southern California philanthropists Richard and Melanie Lundquist announced Thursday, Nov. 22, that they provided $5 million to AltaSea, a nonprofit organization that operates at the Port of Los . 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. They invested an additional $35 million in the partnership in 2019. 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.. It is here where AltaSea will erect its Visitor Engagement Center. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. When he showed me the plans on paper for AltaSea, he made them jump off the page. 1 to serve as a home for the AltaSea campus. Richard C and Melanie Lundquist Family Foundation. $62.8 million. . "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.". Real estate developers. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. Richard and Melanie Lundquist. 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. 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 President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. The recognizing date of the exempt status is December, 2007. 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. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. When typing in this field, a list of search results will appear and be automatically updated as you type. This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. Jacklyn and Miguel Bezos President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. Biggest . Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). $62.4 million . 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. Browse the listings for your next project. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. Adrienne Arsht . $62.8 million . 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. 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. 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). For ocean Sustainability Pr he made them jump off the page company $ 1.7 billion biggest gift: 50. Journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree 260578411 ) an... 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