richard and melanie lundquist foundation
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. 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. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. "We lost Len way too soon. The Port of Los Angeles agreed to provide $40 million in site improvements in a 50-year lease on a 35-acre property located at City Dock No. Give the page a little longer to finish FORTUNE may receive compensation for some links to products and services on this website. Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. 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. Its all about collaboration, said Lundquist. 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. 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 . 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. Rating histories are available for a growing number of rated organizations. 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. Richard and Melanie Lundquist . 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. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. LOS ANGELES - Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed), a gift that will transform the institution by giving it a sustainable source of unrestricted funding to recruit and retain top researchers and provide the needed support and 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. "We lost Len way too soon. Biggest gift: $25 million Atlantic Council ____ 32. Real estate developers . $62.8 million. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. The Lundquists made the gift in memory of Leonard Aube, the late Annenberg Foundation executive director who was the driving force behind the initiative. 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. Check out IPs directory of philanthropy and fundraising consultants. Try a low commitment monthly plan today. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. This is typical for the foundation, which often gives less than $100,000 in total per year. "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.". Want to get inside funders' heads? When typing in this field, a list of search results will appear and be automatically updated as you type. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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 . Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. 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. Key Persons data is currently unavailable for this organization. Richard and Melanie Lundquist. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. to get more GuideStar Nonprofit Profile data today! 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. 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. 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. 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.. about GuideStar Pro. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. When he showed me the plans on paper for AltaSea, he made them jump off the page. They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. $62.8 million. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). 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. please try again later. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. Unable to update subscription. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 The activities focused on aquaculture and robotics that featured hands-on opportunities. Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. Business . (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. If it is your nonprofit, add geographic service areas to create a map on your profile. 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. 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. or subscribe. 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. About UsContact UsConsultants DirectoryFAQ & HelpTerms of UsePrivacy Policy, Individual Subscriptions Multi-User Subscriptions , What SoCal Groups Should Know About the Lundquist Family Foundation, IPs full profile of the Richard C. and Melanie Lundquist Family Foundation, How Katie McGrath and J.J. Abrams Give in Southern California, What the Marino Family Charitable Foundation Supports in California. $62.8 million. $62.4 million . We are unable to fully display the content of this page. Your email address will not be published. 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. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Businesswoman . Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. Biggest . 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.. In 2015, I began my studies at Northwestern University as a first-generation student and Posse scholar with The Posse Foundation. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.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. Real estate developers. Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. Richard and Melanie Lundquist donate $5 million, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Richard and Melanie Lundquist donate $5 million to San Pedros AltaSea, EPA orders rail company to clean up toxic Ohio spill, Austin seethes as some neighborhoods are still dark and cold, New Hampshires Mount Washington experiences record-setting wind chill, Greenpeace activists scale Shell oil platform in protest, Federal regulators block proposed Alaska mine, LAPD union wants to hand nonviolent calls over to to unarmed responders, Sing away the blues in San Pedro with a chorus from White Christmas, Is there a problem with paying cash for a car? (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. Our philanthropic journey has been our richest experience. Learn more We recognize that not all metrics and beacons equally predict a charitys success. Sign in. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. Want to see how you can enhance your nonprofit research and unlock more insights? World-renowned California architectural firm Gensler designed the entire AltaSea campus. 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; 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. Check back later to see if this organization has a rating history! 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. This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. This five-year fellowship program seeks to further develop students who have demonstrated outstanding . Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 The propertys 4,700 ft. wharf allows direct ocean access and affords ample space to dock a variety of vessels. Required fields are marked *. Biggest gift: $274.3 million to Sergey Brin Family Foundation. As a classroom teacher he used photography to share the world and his experiences with his students. Melanie Brensinger: 63 Pearl Street 301, Brooklyn, NY 11201-1147: 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. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. 30 Richard and Melanie Lundquist: Real estate developers; $62.8 million. I'm excited to share some of our newest plans, and I'm especially pleased that we'll be dedicating 'Leonard Aube Way' to my great friend and the Executive Director of the Annenberg Foundation, Leonard Aube.". High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. 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. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. 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. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . . Melanie S Amaral: Po Box 2325, Oakdale, CA 95361-5325: 202008: Melanie & Friends Inc 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 email has been sent to the nonprofit Inc ( EIN # 260578411 ) an... The next generation to create maritime collaborations 2001 Main address 2041 Rosecrans Ste... Management company an additional $ 35 million ten-year commitment they made to the Partnership for Angeles! 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