Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. 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, Already have a GuideStar Account? Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . See rating report below to learn why this organization is not currently eligible. 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. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 This is typical for the foundation, which often gives less than $100,000 in total per year. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Give the page a little longer to finish Rating histories are available for a growing number of rated organizations. A verification email has been sent to you. 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. Richard and Melanie Lundquist. 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. 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. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. Want to get inside funders' heads? They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. Watch for Steve Tabor Images on the worldwide web. When he showed me the plans on paper for AltaSea, he made them jump off the page. Biggest gift: $617 million to Laura and John Arnold Foundation. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. How the Ocean Can Help. 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. All Rights Reserved. Cision Distribution 888-776-0942 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. Steve began with photographing coastal landscapes and marine life. The Center will feature an auditorium with large windows overlooking the wharf. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Biggest gift: $50 million to McPherson College. 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. Biggest gift: $65 million to Marine Corps Scholarship Foundation. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. 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. The Melanie Finley Ovarian Cancer Foundation, Inc. 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. 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.". Richard and Melanie Lundquist . 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. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. The buildings design includes classroom space for lectures and learning activities. You're faster than our page! Money Services Business Registrations; Moter Carriers; System for Award Management Entities; Lately, the most common funding topics have been education, animal welfare and human services. Its all about collaboration, said Lundquist. 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. Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. 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. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. Estimates indicate the complete renovation and construction will cost upwards of $150 million. To subscribe, select any of the newsletters listed below. (tie) Marc and Lynne Benioff . Explore GrantFinder, a powerful resource for IP subscribers. 6. 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. Ruth DeYoung Kohler II. Sergey Brin. Real estate developers. The Form 990 is a document that nonprofit organizations file with the IRS annually. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. The propertys 4,700 ft. wharf allows direct ocean access and affords ample space to dock a variety of vessels. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. Annual IP membership required. 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. Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. AltaSea began with a grant from the Annenberg Foundation to conduct a visioning study for the new home of the Southern California Marine Institute, which will be relocated from its Terminal Island headquarters. Adrienne Arsht . 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 out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. Real estate developers. Creating economic opportunities for future generations. AltaSeas business center, located at City Dock No. Biggest gift: $25 million Atlantic Council ____ 32. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. Richard and Melanie Lundquist signed the Giving Pledge in 2018. 7. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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). Melanie and her husband Richard are agents of change and two of California's most . FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. Systemic change requires donors to work within the system, she said. Real estate developers. They are establishing farms in the waters off the San Pedro coast. Southern California philanthropists and real-estate investors Richard and . Denny Sanford. 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. Initially, The Boys and Girls Clubs of the LA Harbor participated in the Project Blue curriculum. 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. . 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. Real estate developers. . Adrienne Arsht . She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. Required fields are marked *. Biggest gift: $50 million to McPherson College ____ 31. 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). This organization has not provided GuideStar with a mission statement. Click here to resend it.). The Partnership for Los Angeles Schools is an example of a public-private partnership. Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Richard and Melanie Lundquist . This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. Register now. Rohini, is the founder of Arghyam, a foundation that seeks to . 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. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. This organization has no recorded board members. This organization has not yet reported any program information. We leverage finance and accountability data from it to form Encompass ratings. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. 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. "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.". We recognize that not all metrics and beacons equally predict a charitys success. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). 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 Giving Basket is having some issues. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Terms & Conditions. The most likely cause of this is a content blocker on your computer or network. "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. Richard and Melanie Lundquist co-own Continental Development Corp., a commercial development company based in Southern California. The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. "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. Learn More 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. and discoveries. Richard and Melanie Lundquist - The Giving Pledge Richard and Melanie Lundquist "For us, philanthropy is the meaning of life and also what gives our lives true meaning. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. Biggest . Powered and implemented by Interactive Data Managed Solutions. Key Persons data is currently unavailable for this organization. "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.". The activities focused on aquaculture and robotics that featured hands-on opportunities. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. Your donation attempt encountered a problem. 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. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. Richard and Melanie Lundquist. This five-year fellowship program seeks to further develop students who have demonstrated outstanding . An Update for Readers on Our New Nonprofit Status. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. 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. Check out IPs directory of philanthropy and fundraising consultants. 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. 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. 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. World-renowned California architectural firm Gensler designed the entire AltaSea campus. 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 . Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. please try again later. 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 Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. Unable to update subscription. Click on the link in that email 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. or subscribe. Revenue and expense data is not available for this organization. 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. All rights reserved. Real estate developers . Businesswoman . Biggest gift: $50 million to McPherson College . LinkedIn has officially entered its cringe era, and its working. We lost Len way too soon. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Businesswoman . 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.". 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. 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. Can Philanthropy Help Create a Golden State for the Golden Years? But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. 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. Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). Melanie Walker: 915 Gay St, Howell, MI 48843-2064: 202006: Melanie & Friends Inc: 1720 Nw North River Dr Apt 509, Miami, FL 33125-2361: 202012: Try a low commitment monthly plan today. Offers may be subject to change without notice. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. $62.4 million . Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. 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. Charity leaders can capture donors with stories about their charities beneficiaries. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. about GuideStar Pro. Learn more Money Services Business Registrations; Moter Carriers; System for Award Management Entities; 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. If you wish to donate, please refresh the page. Business . 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. Real estate developers . loading and try your donation again. 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. Please refresh the page Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. All rights reserved. Privacy Policy. 1 in the Port, is scheduled to be completed next year. 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. 1 to serve as a home for the AltaSea campus. 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. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Inspirational and Educational Opportunities. Once javascript and access to those URLs are allowed, please refresh this page. It will host programs on a variety of topics related to ocean exploration. 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. For more information on AltaSea, please see our website:https://altasea.org. As a classroom teacher he used photography to share the world and his experiences with his students. 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. Richard C and Melanie Lundquist Family Foundation El Segundo, CA Is this your nonprofit? If the problem persists contact us. 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. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. $62.8 million. 1 in the Port of Los Angeles, is scheduled for completion next year. 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. Its that kind of personal connection that moves me.. Blue Robotics produces drones and UURVs of a much smaller scale. Filed with Internal Revenue Service ( IRS ) it will host programs a! At 202-466-1032 or help @ chronicle.com Form 990 is a document that nonprofit organizations file with the IRS annually Leonard! 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