$62.4 million . Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. 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. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. Register now. The recognizing date of the exempt status is March, 2014. Sign up here. Salesforce . Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. 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, 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. Browse the listings for your next project. Terms & Conditions. 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. Cision Distribution 888-776-0942 Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. FORTUNE may receive compensation for some links to products and services on this website. Biggest gift: $50 million to McPherson College ____ 31. Sergey Brin. $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. 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.". 1 in the Port of Los Angeles, is scheduled for completion next year. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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. 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. 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. 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. 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. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. Already have a GuideStar Account? Lately, the most common funding topics have been education, animal welfare and human services. Creating economic opportunities for future generations. 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. Need the ability to download nonprofit data and more advanced search options? Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). $62.8 million. Check out IPs directory of philanthropy and fundraising consultants. 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. $62.8 million . 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. Rohini, is the founder of Arghyam, a foundation that seeks to . 1 in the Port, is scheduled to be completed next year. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. Are Cows causing Climate Change? 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. 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. Equality in education is one of the most important civil rights, Lundquist said. Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. "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.". 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 student success in some of the citys highest-need public schools. 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.. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. Watch for Steve Tabor Images on the worldwide web. All rights reserved. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. This organization has no recorded board members. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. The Center will feature an auditorium with large windows overlooking the wharf. High-dollar grants have also gone to the Torrance Memorial Medical Center and to help establish the Partnership for Los Angeles Schools. We are unable to fully display the content of this page. about GuideStar Pro. A verification email has been sent to you. RICHARD C AND MELANIE LUNDQUIST FAMILY FOUNDATION EL SEGUNDO, CA 90245-4792 | Tax-exempt since Aug. 2001 EIN: 95-4872582 Classification ( NTEE ) Corporate Foundations (Philanthropy, Voluntarism. 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. 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. When making the donation, Mr. Lundquist recognized Aubes 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 find solutions to combat climate change. The owner of the Continental Development Corporation went on to say, Melanie and I felt compelled to ensure that any money we would give to AltaSea should advance Lens memory and in doing so, recognize the investment of time and resources he made along with Wallis Annenberg and the Annenberg Foundation., McOsker says, 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., McOsker points out that their fundraising activities continue, and he is grateful to the organizations and individuals who have supported and continue to support AltaSeas efforts to raise the funds to make required improvements to the buildings and infrastructure. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. Built on a historic pier with access to the deep ocean, AltaSea's thirty-five-acre "campus for innovation" will be the new home of the Southern California Marine Institute, which is relocating from its Terminal Island location, and will feature research facilities and a science center in converted warehouses as well as newly constructed buildings. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. 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. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. Ask the lawyer, Yo Pesci receives seven year sentence after flashing firearms on social media, Southern California home sales fall to all-time low, DA Gascn suspends attorney who prosecuted transgender child molester, Reports: Kings trade Quick to Blue Jackets, acquire Korpisalo, Gavrikov, Southern Californias mountain towns remain buried under snow with more on the way, Former CHP officer charged with assaulting woman during traffic stop near Santa Clarita, Some California cities cant stop apartment projects as developers use builders remedy, Killer keto? 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. They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. $62.4 million . Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. The Form 990 is a document that nonprofit organizations file with the IRS annually. Privacy Policy. 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. AltaSea's business center, located at City Dock No. 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. Try a low commitment monthly plan today. Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. See rating report below to learn why this organization is not currently eligible. Denny Sanford. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. Copyright 2021 AltaSea. The Port of Los Angeles has always played a vital role in the supporting the economy of Southern California. If it is your nonprofit, add geographic service areas to create a map on your profile. Project Blue @ Home offers live chats with AltaSeas partners, participation in a blog series, Heres the Blue Deal and access to learning tools. please try again later. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. 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.". When he showed me the plans on paper for AltaSea, he made them jump off the page. Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. 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. Richard and Melanie Lundquist. Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. Ratings are calculated from one or more beacon scores. Background: Mr. Lundquist is owner and president of Continental Development Corporation, a commercial real-estate and management company in El Segundo, Calif. Hide Background The Richard C. and Melanie F. Lundquist Family Foundation Company-sponsored foundation EIN 954872582 Location 2041 Rosecrans Avenue Suite 200 El Segundo, CA United States 90245 Contact Information LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed . When he showed me the plans on paper for AltaSea, he made them jump off the page. 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. Inequities in education disproportionately hurt people of color, Lundquist said. Zero-calorie sweetener linked to heart attack and stroke, study finds, LA County reaches $28.85 million settlement with Kobe Bryants family, Jesus Revolution tells the true story of Christian hippies and an Orange County church, Denver gang member gave 14-year-old permission to open fire on woman with AR-15 after fender-bender, DA alleges, In 4 years, Lori Lightfoot went from breakout political star to divisive mayor of a Chicago beset by pandemic and crime, Florida lawmakers to consider expansion of so-called dont say gay law, Drone crashes at Disneyland after hovering over visitors heads See video, Rapper Travis Scott wanted for assaulting Manhattan club sound engineer, destroying $12K in equipment, Do Not Sell/Share My Personal Information. 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. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. How the Ocean Can Help. Once javascript and access to those URLs are allowed, please refresh this page. Learn more Real estate developers . 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. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. 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. Our philanthropic journey has been our richest experience. 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 . 7. Businesswoman . and discoveries. (BMF affiliation code: 3). Biggest gift: $50 million to McPherson College. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. Richard and Melanie Lundquist Apr 2014 . Candid gets you the information you need to do good. Real estate developers. Another existing warehouse, Berth 57, will serve as the new home for the SCMI. Biggest gift: $50 million to McPherson College. Real estate developers. 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. https://altasea.org/wp-content/uploads/2020/12/AltaSea_Logo.png. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. 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. Richard and Melanie Lundquist. Revenue and expense data is not available for this organization. Lundquists Donate $5 Million for Ocean Sustainability Pr. 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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. Biggest gift: $50 million to . Systemic change requires donors to work within the system, she said. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. $62.8 million. Biggest gift: $50 million to McPherson College ____ 31. Biggest gift: $50 million . 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. "We lost Len way too soon. Biggest . 6. 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). The Partnership for Los Angeles Schools is an example of a public-private partnership. Its all about collaboration, said 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. "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. about GuideStar Pro. We lost Len way too soon. Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. 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? Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. Biggest gift: $617 million to Laura and John Arnold Foundation. Real estate developers. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. . 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. 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; 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. 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. Melanie S Amaral: Po Box 2325, Oakdale, CA 95361-5325: 202008: Melanie & Friends Inc 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 . 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. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. Top Things to Know About the Makoff Family Foundations SoCal Giving, To Combat an "Urgent Threat," a Donor Couple Makes a Big Commitment to News Literacy, An L.A. Adrienne Arsht . To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. Richard and Nancy Kinder . 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