and discoveries. 1 to serve as a home for the AltaSea campus. $62.8 million . Richard and Melanie Lundquist co-own Continental Development Corp., a commercial development company based in Southern California. 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 . or subscribe. 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. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. 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.. Need the ability to download nonprofit data and more advanced search options? $62.8 million . 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. Can Philanthropy Help Create a Golden State for the Golden Years? Rating histories are available for a growing number of rated organizations. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Required fields are marked *. Biggest gift: $25 million Atlantic Council ____ 32. 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. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. She also thinks Congress should bar foundations from paying the salaries and travel expenses of a foundations family members so the foundation can meet more robust payout obligations. 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. Give the page a little longer to finish A verification email has been sent to you. 1s warehouses were originally used to store goods that were transported through the Canal intended for distribution along the West Coast. Once javascript and access to those URLs are allowed, please refresh this page. Real estate developers . For more information on AltaSea, please see our website:https://altasea.org. 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. Click here to resend it.). 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. This is typical for the foundation, which often gives less than $100,000 in total per year. . Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. Candid gets you the information you need to do good. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. 8. All rights reserved. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. 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. 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. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Cision Distribution 888-776-0942 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. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. 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.". Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; If it is your nonprofit, add a problem overview. 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. Privacy Policy. Your donation attempt encountered a problem. Charities are in a total state of crisis, so philanthropy needs to accelerate its efforts to address the absolutely unprecedented needs were facing right now, Lundquist said. Project Blue @ Home offers live chats with AltaSeas partners, participation in a blog series, Heres the Blue Deal and access to learning tools. Try a low commitment monthly plan today. Please refresh the page Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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. All rights reserved. Creating economic opportunities for future generations. She said wealthy donors should give every penny thats been tax deducted in their private foundations and donor-advised funds to nonprofits that help people who are most in need. 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. You're faster than our page! Sign up for our email updates. Watch for Steve Tabor Images on the worldwide web. 7. 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. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. Lundquist had strong words for her fellow philanthropists. (tie) Marc and Lynne Benioff . 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. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. For more information on AltaSea, please see our website:https://altasea.org. Biggest gift: $50 million to McPherson College ____ 31. Stuart and Molly Sloan . The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. 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). 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