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. $62.8 million . Powered and implemented by Interactive Data Managed Solutions. 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. For more information on AltaSea, please see our website:https://altasea.org. Biggest gift: $50 million to McPherson College . This organization has no recorded board members. Need the ability to download nonprofit data and more advanced search options? Biggest gift: $50 million . You may then be asked to log in, create an account if you don't already have one, Once javascript and access to those URLs are allowed, please refresh this page. The last parcel slated for development in Phase 1 is the open space adjacent to Berth 57. Project Blue @ Summer is scheduled to launch on June 15th. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. 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 C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.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. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. The Lundquists gift was made in memory of their friend, Leonard Aube, former executive director of the Annenberg Foundation. The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. This organization is required to file an IRS Form 990-PF. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Lundquist had strong words for her fellow philanthropists. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. Richard C and Melanie Lundquist Family Foundation El Segundo, CA Is this your nonprofit? Melanie and her husband Richard are agents of change and two of California's most . 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.. Biggest gift: $50 million to McPherson College. 7. $62.4 million . Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. 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. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. 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. Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. Biggest gift: $65 million to Marine Corps Scholarship Foundation. When he showed me the plans on paper for AltaSea, he made them jump off the page. Already have a GuideStar Account? Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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. Browse the listings for your next project. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. 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. Rating histories are available for a growing number of rated organizations. 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. Biggest gift: $617 million to Laura and John Arnold Foundation. from 8 AM - 9 PM ET. 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. Real estate developers . The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. 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 . If it is your nonprofit, add geographic service areas to create a map on your profile. Want to see how you can enhance your nonprofit research and unlock more insights? Click here to resend it.). (tie) Marc and Lynne Benioff . Lundquists Donate $5 Million for Ocean Sustainability Pr. 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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. Biggest gift: $50 million to McPherson College . AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. 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.". 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. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. The Partnership for Los Angeles Schools is an example of a public-private partnership. $62.8 million. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. Stuart and Molly Sloan . 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. Biggest gift: $25 million Atlantic Council ____ 32. 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. The Port of Los Angeles has always played a vital role in the supporting the economy of Southern California. Revenue and expense data is not available for this organization. Educational opportunities on-campus and off-campus play a vital role in AltaSeas mission. 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. (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.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.". Copyright 2021 AltaSea. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. 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. 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. She said she is drawn to organizations that express a deep sense of urgency to their missions and are open to long-term partnerships between public and private entities. Biggest gift: $50 million to McPherson College. 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. 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 . 6. 31 Adrienne Arsht: Businesswoman; $62.4 million. As a classroom teacher he used photography to share the world and his experiences with his students. An Update for Readers on Our New Nonprofit Status. Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). After renovation, on-campus educational opportunities abound. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Want to get inside funders' heads? 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? (Don't see an email in your inbox? How the Ocean Can Help. 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. Offers may be subject to change without notice. $62.4 million . 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. Are Cows causing Climate Change? LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed . We leverage finance and accountability data from it to form Encompass ratings. 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. 2023 Fortune Media IP Limited. Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. 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. 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. 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. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. 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. Biggest gift: $50 million to McPherson College ____ 31. Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. 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. (tie) Marc and Lynne Benioff . A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. 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 $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. 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. Salesforce . 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. Required fields are marked *. 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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.. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. 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. 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. 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. Initially, The Boys and Girls Clubs of the LA Harbor participated in the Project Blue curriculum. 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; 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. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. To view the original article, click here. "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.". Cision Distribution 888-776-0942 She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. "We lost Len way too soon. 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.". One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. Richard and Melanie Lundquist . $62.8 million . 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. 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. 1 to serve as a home for the AltaSea campus. Give the page a little longer to finish Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. Business . The people, governance practices, and partners that make the organization tick. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. $62.8 million. It will host programs on a variety of topics related to ocean exploration. 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, Real estate developers . All rights reserved. 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. 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. Unable to update subscription. 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. Want to see how you can enhance your nonprofit research and unlock more insights? President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. This organization has not provided GuideStar with a mission statement. Real estate developers . . Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. about GuideStar Pro. Biggest gift: $25 million Atlantic Council ____ 32. LinkedIn has officially entered its cringe era, and its working. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Privacy Policy. They invested an additional $35 million in the partnership in 2019. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. 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.. 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. Annual IP membership required. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. 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. 1 in the Port, is scheduled to be completed next year. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; OPEN GOV US. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. See rating report below to learn why this organization is not currently eligible. 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 "We lost Len way too soon. 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 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. to try again. 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. 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. 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. Next generation to create solutions for a growing number of rated organizations reveals numerous grants between $ 100 $... Report below to learn why this organization is required to file an IRS Form 990-PF and... Donate $ 5 million for ocean Sustainability Pr or use of this site constitutes acceptance of our ( ). Has always played a vital role in AltaSeas mission IRS Form 990-PF $ 65 million to Corps... With the Trust Factor, a weekly newsletter examining what leaders need to succeed Global! 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