richard and melanie lundquist foundation

Adrienne Arsht . Equality in education is one of the most important civil rights, Lundquist said. 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. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. 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. Real estate developers. Richard and Melanie Lundquist. 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. Systemic change requires donors to work within the system, she said. Key Persons data is currently unavailable for this organization. Can Philanthropy Help Create a Golden State for the Golden Years? In the case of the Partnership for Los Angeles Schools, the Lundquists go to the schools and get to know students, parents, teachers, and the principals. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. about GuideStar Pro. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. Inequities in education disproportionately hurt people of color, Lundquist said. 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. 8. A verification email has been sent to you. 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. 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.". 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. Your donation attempt encountered a problem. 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. 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. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. "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 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. please try again later. The activities focused on aquaculture and robotics that featured hands-on opportunities. (tie) Marc and Lynne Benioff . Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. 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. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. If it is your nonprofit, add geographic service areas to create a map on your profile. Learn more Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. 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. Biggest gift: $50 million to McPherson College ____ 31. Project Blue @ Summer is scheduled to launch on June 15th. This five-year fellowship program seeks to further develop students who have demonstrated outstanding . 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. Inspirational and Educational Opportunities. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. Richard and Melanie Lundquist . Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. You may then be asked to log in, create an account if you don't already have one, "We lost Len way too soon. Please make sure your computer, VPN, or 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. Additional learning experiences were developed in cooperation with the Cabrillo Marine Aquarium (CMA). An Update for Readers on Our New Nonprofit Status. 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.". 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. from 8 AM - 9 PM ET. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. Want to get inside funders' heads? She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. 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.. The Partnership for Los Angeles Schools is an example of a public-private partnership. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Leadership & Adaptability methodology because we have not received data from the charity regarding its leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes.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. Your email address will not be published. We leverage finance and accountability data from it to form Encompass ratings. Sign up here. 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.". 6. 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. World-renowned California architectural firm Gensler designed the entire AltaSea campus. 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. 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. (tie) Marc and Lynne Benioff . Are Cows causing Climate Change? 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 This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. 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. World-renowned California architectural firm Gensler designed the entire AltaSea campus. See rating report below to learn why this organization is not currently eligible. Privacy Policy. 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. 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. After renovation, on-campus educational opportunities abound. "We lost Len way too soon. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. 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. Check back later to see if this organization has a rating history! During their study of robotics, students received assistance from U.S. Navy personnel. Real estate developers. Please check your inbox in order to proceed. 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. Browse the listings for your next project. to get more GuideStar Nonprofit Profile data today! Biggest gift: $50 million . This organization has no recorded board members. They operate out of the La Kretz Blue Economy Incubator at AltaSea. "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.". Real estate developers. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. 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 . 7. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Richard and Melanie Lundquist. 2023 Fortune Media IP Limited. 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. Once javascript and access to those URLs are allowed, please refresh this page. Required fields are marked *. To subscribe, select any of the newsletters listed below. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. We lost Len way too soon. 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 . 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. 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). 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. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. 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 and Melanie Lundquist Apr 2014 . Its reporting and editing staff cover public safety, courts, local government and general assignment stories. 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. Its that kind of personal connection that moves me.. (Don't see an email in your inbox? Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. The recognizing date of the exempt status is December, 2007. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. Richard and Melanie Lundquist co-own Continental Development Corp., a commercial development company based in Southern California. 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 Explore GrantFinder, a powerful resource for IP subscribers. Lately, the most common funding topics have been education, animal welfare and human services. 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? The most likely cause of this is a content blocker on your computer or network. Salesforce . Click here to resend it.). $ 1,000 is your nonprofit, add geographic Service areas to create maritime collaborations 200El Segundo CA,. 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richard and melanie lundquist foundation