The buildings design includes classroom space for lectures and learning activities. We lost Len way too soon. Estimates indicate the complete renovation and construction will cost upwards of $150 million. Equality in education is one of the most important civil rights, Lundquist said. Richard and Melanie Lundquist . 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.". Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. This is typical for the foundation, which often gives less than $100,000 in total per year. The Center will feature an auditorium with large windows overlooking the wharf. Powered and implemented by Interactive Data Managed Solutions. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. 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 . Currently, AltaSea is working with potential partners for the expansion of the AltaSea vision on this parcel. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices $62.8 million . 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 . 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. 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. Want to see how you can enhance your nonprofit research and unlock more insights? 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; from 8 AM - 9 PM ET. 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. 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. You're faster than our page! Richard and Nancy Kinder . They operate out of the La Kretz Blue Economy Incubator at AltaSea. 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Revenue and expense data is not available for this organization. As a classroom teacher he used photography to share the world and his experiences with his students. Your email address will not be published. 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. 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. 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. That way they know what the obstacles are, and they can help to find sustainable solutions. . Money Services Business Registrations; Moter Carriers; System for Award Management Entities; Biggest gift: $50 million to . 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. 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. This next century, we must turn to ocean exploration for greater understanding and knowledge to find solutions to many issues we are facing on this planet such as global warming and rising sea levels. Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. 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. 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. This organization has not yet reported any program information. 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 percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. 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.". 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. Lately, the most common funding topics have been education, animal welfare and human services. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. 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. Another existing warehouse, Berth 57, will serve as the new home for the SCMI. Want to see how you can enhance your nonprofit research and unlock more insights? Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 Sign up for our email updates. 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 . 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, Sergey Brin. These are the donors who gave the most in 2022, according to The Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. Stuart and Molly Sloan . Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. The recognizing date of the exempt status is December, 2007. Rohini, is the founder of Arghyam, a foundation that seeks to . Click here to search for this organization's Forms 990 on the IRS website (if any are available). 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. 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. 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. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Prior to his death and during the grand opening celebration for AltaSea, in recognition of his leadership and energies on behalf of the citizens of the City of Los Angeles and the Annenberg Foundation, Mayor Eric Garcetti and the Los Angeles City Council designated a portion of 22nd Street that fronts the AltaSea campus as Leonard Aube Way. It will host programs on a variety of topics related to ocean exploration. Ruth DeYoung Kohler II. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. 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