Adrienne Arsht . 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. Richard and Melanie Lundquist . Real estate developers. 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. 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. 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. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Can Philanthropy Help Create a Golden State for the Golden Years? Key Persons data is currently unavailable for this organization. Biggest gift: $50 million to McPherson College. Want to get inside funders' heads? High-dollar grants have also gone to the Torrance Memorial Medical Center and to help establish the Partnership for Los Angeles Schools. 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. 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. 30. Lundquist had strong words for her fellow philanthropists. 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. We recognize that not all metrics and beacons equally predict a charitys success. 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. Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. This organization has no recorded board members. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. AltaSeas business center, located at City Dock No. How the Ocean Can Help. Project Blue @ Summer is scheduled to launch on June 15th. 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. We are unable to fully display the content of this page. This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. Richard C and Melanie Lundquist Family Foundation. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. Equality in education is one of the most important civil rights, Lundquist said. Richard and Melanie Lundquist. Biggest gift: $50 million to McPherson College . Note: The absence of a rating does not indicate a positive or negative assessment; it only indicates that we have not yet evaluated this organization. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. Richard and Melanie Lundquist signed the Giving Pledge in 2018. 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. The Lundquists gift was made in memory of their friend, Leonard Aube, former executive director of the Annenberg Foundation. 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 . The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. 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. $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.". But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. Offers may be subject to change without notice. Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. The Center will feature an auditorium with large windows overlooking the wharf. They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. Try a low commitment monthly plan today. Your donation attempt encountered a problem. For more information on AltaSea, please see our website:https://altasea.org. 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.". please try again later. Real estate developers . The Partnership for Los Angeles Schools is an example of a public-private partnership. 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. 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 . Explore GrantFinder, a powerful resource for IP subscribers. Creating economic opportunities for future generations. When typing in this field, a list of search results will appear and be automatically updated as you type. They are establishing farms in the waters off the San Pedro coast. Real estate developers . The Lundquists made the gift in memory of Leonard Aube, the late Annenberg Foundation executive director who was the driving force behind the initiative. 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. Apply to join the directory. Biggest . Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. $62.8 million. Denny Sanford. Watch for Steve Tabor Images on the worldwide web. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. (tie) Marc and Lynne Benioff . Biggest gift: $25 million Atlantic Council ____ 32. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. This organization has not yet reported any program information. Richard C and Melanie Lundquist Family Foundation El Segundo, CA Is this your nonprofit? 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). 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. The most likely cause of this is a content blocker on your computer or network. 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. 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. 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 To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. 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. Revenue and expense data is not available for this organization. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. Biggest gift: $274.3 million to Sergey Brin Family Foundation. 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. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. This five-year fellowship program seeks to further develop students who have demonstrated outstanding . Looking forward, we expect education and health to be the funders top priorities, and to see perhaps a few more big gifts with naming rights attached to them. All rights reserved. $62.4 million . Salesforce . S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Adrienne Arsht . Systemic change requires donors to work within the system, she said. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. Candid gets you the information you need to do good. 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: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. After renovation, on-campus educational opportunities abound. Our philanthropic journey has been our richest experience. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. Top Things to Know About the Makoff Family Foundations SoCal Giving, To Combat an "Urgent Threat," a Donor Couple Makes a Big Commitment to News Literacy, An L.A. Melanie S Amaral: Po Box 2325, Oakdale, CA 95361-5325: 202008: Melanie & Friends Inc Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. 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. Sergey Brin. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. 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. During their study of robotics, students received assistance from U.S. Navy personnel. 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. Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. 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. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. Blue Robotics produces drones and UURVs of a much smaller scale. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. and discoveries. 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, Richard and Melanie Lundquist . 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. 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