Business . Creating economic opportunities for future generations. To view the original article, click here. Salesforce . Your email address will not be published. Candid gets you the information you need to do good. To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. When he showed me the plans on paper for AltaSea, he made them jump off the page. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. LinkedIn has officially entered its cringe era, and its working. 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 . 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 to serve as a home for the AltaSea campus. Other discoveries may include new medicines and other ways to improve our daily lives. 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.. The Giving Basket is having some issues. Real estate developers. Biggest . Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. 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. Project Blue @ Home offers live chats with AltaSeas partners, participation in a blog series, Heres the Blue Deal and access to learning tools. Terms & Conditions. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. 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. It will host programs on a variety of topics related to ocean exploration. Browse the listings for your next project. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Finding true systemic solutions to improve struggling public schools motivated her and her husband to help start the Partnership for Los Angeles Schools, she explained. Check back later to see if this organization has a rating history! 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 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. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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. Please check your inbox in order to proceed. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. This organization has not provided GuideStar with a mission statement. 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. 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. Apply to join the directory. Click here to resend it.). Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. about GuideStar Pro. Real estate developers . Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). If the problem persists contact us. "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.". 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. 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. Rohini, is the founder of Arghyam, a foundation that seeks to . Businesswoman . This organization has no recorded board members. Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean, incubating and sustain ocean-related businesses, and pioneering ocean-related education programs. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. 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. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. The buildings design includes classroom space for lectures and learning activities. 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. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. 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.. loading and try your donation again. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. Blue Robotics produces drones and UURVs of a much smaller scale. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Sign up here. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Accountability & Finance methodology because it files Form 990-PF, as required of Private Foundations. 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. . Another existing warehouse, Berth 57, will serve as the new home for the SCMI. Try a low commitment monthly plan today. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Richard and Melanie Lundquist. 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. "We lost Len way too soon. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. Richard and Melanie Lundquist Apr 2014 . The last parcel slated for development in Phase 1 is the open space adjacent to Berth 57. Biggest gift: $50 million to McPherson College. $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. 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 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. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. 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. FORTUNE may receive compensation for some links to products and services on this website. Can Philanthropy Help Create a Golden State for the Golden Years? Businesswoman . 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. But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. Richard and Melanie Lundquist . She also said one of the best paths to ending systematic racism is to improve access to education and close the digital divide for students from underserved neighborhoods. 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. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. 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. Biggest gift: $50 million to McPherson College . View original content:http://www.prnewswire.com/news-releases/california-philanthropists-richard-and-melanie-lundquist-donate-5-million-to-altasea-at-the-port-of-los-angeles-300963334.html, Plus500. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; For more information on AltaSea, please see our website:https://altasea.org. Salesforce . Your donation attempt encountered a problem. Its all about collaboration, said Lundquist. 2023 Fortune Media IP Limited. 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. The site will make use of converted warehouses as well as newly constructed buildings to house research facilities and a science center, and will provide connections to entrepreneurial start- ups. Estimates indicate the complete renovation and construction will cost upwards of $150 million. During their study of robotics, students received assistance from U.S. Navy personnel. 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. 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. Initially, The Boys and Girls Clubs of the LA Harbor participated in the Project Blue curriculum. The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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