30. $62.8 million . AltaSea's business center, located at City Dock No. 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. Want to see how you can enhance your nonprofit research and unlock more insights? 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. Cision Distribution 888-776-0942 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. Inequities in education disproportionately hurt people of color, Lundquist said. Ratings are calculated from one or more beacon scores. Biggest gift: $50 million to . Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). Your email address will not be published. Biggest gift: $274.3 million to Sergey Brin Family Foundation. 8. 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. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. $62.8 million. Richard and Nancy Kinder . 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 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. Richard and Melanie Lundquist. 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. Project Blue @ Weekends provides students of all ages and their parents the ability to engage in weekly hands-on contest opportunities to develop solutions for global challenges. Ruth DeYoung Kohler II. Initially, The Boys and Girls Clubs of the LA Harbor participated in the Project Blue curriculum. Businesswoman . Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. The activities focused on aquaculture and robotics that featured hands-on opportunities. Want to see how you can enhance your nonprofit research and unlock more insights? Richard and Melanie Lundquist . 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. Want to get inside funders' heads? Real estate developers . 6. The Melanie Finley Ovarian Cancer Foundation, Inc. Southern California philanthropists and real-estate investors Richard and . Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. 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. 1 in the Port, is scheduled to be completed next year. "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. 2023 Fortune Media IP Limited. Biggest gift: $50 million to McPherson College. 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. Check out IPs directory of philanthropy and fundraising consultants. OPEN GOV US. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. 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. 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. You may then be asked to log in, create an account if you don't already have one, Real estate developers. "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.". Rohini, is the founder of Arghyam, a foundation that seeks to . 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. Learn more about the BMF on the IRS website, Private non-operating foundation (BMF foundation code: 04), Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. Melanie Brensinger: 63 Pearl Street 301, Brooklyn, NY 11201-1147: 1 in the Port of Los Angeles, is scheduled for completion next year. 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). They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. Click here to search for this organization's Forms 990 on the IRS website (if any are available). 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. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. Learn More The latest project is a workshop series emphasizing sustainable aquaculture and taught by CMA educational staff. 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. 1s warehouses were originally used to store goods that were transported through the Canal intended for distribution along the West Coast. Real estate developers . Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Richard and Melanie Lundquist. How the Ocean Can Help. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. about GuideStar Pro. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. 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.. Explore GrantFinder, a powerful resource for IP subscribers. AltaSeas business center, located at City Dock No. Richard and Melanie Lundquist Apr 2014 . "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 Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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Biggest gift: $50 million to McPherson College . Its that kind of personal connection that moves me.. 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. See rating report below to learn why this organization is not currently eligible. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Offers may be subject to change without notice. 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.". These are the donors who gave the most in 2022, according to The Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. $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. 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.". An Update for Readers on Our New Nonprofit Status. After renovation, on-campus educational opportunities abound. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. AltaSea's business center, located at City Dock No. 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. 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. "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. All Rights Reserved. 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. Biggest gift: $65 million to Marine Corps Scholarship Foundation. Our discoveries will include the development of sustainable food sources and energy sources that will have less of an impact on our planet. 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 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. The recognizing date of the exempt status is December, 2007. Powered and implemented by Interactive Data Managed Solutions. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. 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 Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. 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. 7. All rights reserved. Biggest gift: $50 million to McPherson College ____ 31. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. 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. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. 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