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. 7. Richard C and Melanie Lundquist Family Foundation. 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. AltaSeas business center, located at City Dock No. Melanie Lundquist is not afraid to speak her mind about where she and her husband think philanthropists need to focus their giving and what role philanthropy must play in society today. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. Biggest gift: $50 million to McPherson College . "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.". A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. 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. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. 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. 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. Southern California philanthropists and real-estate investors Richard and . World-renowned California architectural firm Gensler designed the entire AltaSea campus. Terms & Conditions. When he showed me the plans on paper for AltaSea, he made them jump off the page. You're faster than our page! "We lost Len way too soon. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. 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. For more information on AltaSea, please see our website:https://altasea.org. 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. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. Jacklyn and Miguel Bezos President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million Melanie Brensinger: 63 Pearl Street 301, Brooklyn, NY 11201-1147: "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.". Biggest gift: $50 million to McPherson College. Richard and Melanie Lundquist. 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 . . How the Ocean Can Help. Currently, AltaSea is working with potential partners for the expansion of the AltaSea vision on this parcel. $62.8 million . They gave one of their biggest and most consequential gifts in 2007 when they donated $50 million to help create the Partnership for Los Angeles Schools, an effort to improve student success in some of the citys highest-need public schools. We are unable to fully display the content of this page. 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. 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. 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. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. World-renowned California architectural firm Gensler designed the entire AltaSea campus. They are establishing farms in the waters off the San Pedro coast. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. The Giving Basket is having some issues. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Inspirational and Educational Opportunities. Sign up for our email updates. Richard and Melanie Lundquist. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. or subscribe. In 2015, I began my studies at Northwestern University as a first-generation student and Posse scholar with The Posse Foundation. (tie) Marc and Lynne Benioff . Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. Richard and Nancy Kinder . 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. 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. Ruth DeYoung Kohler II. RICHARD C AND MELANIE LUNDQUIST FAMILY FOUNDATION EL SEGUNDO, CA 90245-4792 | Tax-exempt since Aug. 2001 EIN: 95-4872582 Classification ( NTEE ) Corporate Foundations (Philanthropy, Voluntarism. The Partnership for Los Angeles Schools is an example of a public-private partnership. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. (BMF affiliation code: 3). During their study of robotics, students received assistance from U.S. Navy personnel. $62.8 million . network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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. Businesswoman . Click here to resend it.). $62.8 million. $62.8 million . That way they know what the obstacles are, and they can help to find sustainable solutions. Revenue and expense data is not available for this organization. (Don't see an email in your inbox? 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. Additional learning experiences were developed in cooperation with the Cabrillo Marine Aquarium (CMA). Can Philanthropy Help Create a Golden State for the Golden Years? AltaSea's business center, located at City Dock No. 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. 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. Learn More 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. Explore GrantFinder, a powerful resource for IP subscribers. 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. Real estate developers . Sergey Brin. 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? High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. 1 to serve as a home for the AltaSea campus. All Rights Reserved. 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. $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. Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. 1 in the Port of Los Angeles, is scheduled for completion next year. Richard and Melanie Lundquist. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 6. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. 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.. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. 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. Want to get inside funders' heads? 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. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. To view the original article, click here. "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. Melanie and Richard Lundquist commit $25 million to McPherson College May 24, 2022 McPherson College in McPherson, Kansas, has announced a $25 million gift from Melanie and Richard Lundquist. 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. Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. Project Blue @ Summer is scheduled to launch on June 15th. 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. 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. The recognizing date of the exempt status is March, 2014. These are the donors who gave the most in 2022, according to The Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. 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. 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. Biggest gift: $50 million to McPherson College . Melanie S Amaral: Po Box 2325, Oakdale, CA 95361-5325: 202008: Melanie & Friends Inc about GuideStar Pro. This organization is required to file an IRS Form 990-PF. This is typical for the foundation, which often gives less than $100,000 in total per year. to get more GuideStar Nonprofit Profile data today! Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. 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. Biggest gift: $65 million to Marine Corps Scholarship Foundation. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. An Update for Readers on Our New Nonprofit Status. Our discoveries will include the development of sustainable food sources and energy sources that will have less of an impact on our planet. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. 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. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. If the problem persists contact us. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. Adrienne Arsht . AltaSea's business center, located at City Dock No. from 8 AM - 9 PM ET. Apply to join the directory. The last parcel slated for development in Phase 1 is the open space adjacent to Berth 57. Richard and Melanie Lundquist Apr 2014 . See rating report below to learn why this organization is not currently eligible. Its all about collaboration, said Lundquist. 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. 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. 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. Currently, the Boeing Company leases space to test the 51 ft. UURV, Echo Voyager. Biggest gift: $50 million to . 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. 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Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. 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. 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.. Steve has expanded his photographic talents to include portraits and group photography, special event photography as well as live performance and athletics. Such partnerships are important right now, she said, because there isnt enough public money to meet the needs of society today, and its crucial for philanthropy and government to work together to help more people. and discoveries. Already have a GuideStar Account? Unable to update subscription. 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 . 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. Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. The Lundquists gift was made in memory of their friend, Leonard Aube, former executive director of the Annenberg Foundation. please try again later. The recognizing date of the exempt status is December, 2007. The Center will feature an auditorium with large windows overlooking the wharf. 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