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.". Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. Adrienne Arsht . $62.8 million. Richard and Melanie Lundquist. 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.. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. "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. 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.". Richard and Melanie Lundquist co-own Continental Development Corp., a commercial development company based in Southern California. Richard and Melanie Lundquist. "We lost Len way too soon. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Prior to the COVID-19s Safer at Home implementation, AltaSea officials were working with representatives from the Los Angeles Unified School District and the Long Beach Unified School District to incorporate the Project Blue curriculum into their classrooms. 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. They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. Gift commemorates late Annenberg Foundation Executive Director Leonard Aube. That led to a 50- year lease with the city of Los Angeles, a $46 million grant from the Los Angeles Harbor Department and the creation of AltaSea in 2014. All rights reserved. This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. 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. 7. That way they know what the obstacles are, and they can help to find sustainable solutions. Launched in 2015 with a $20 million gift from the Annenberg Foundation, AltaSea is focused on expanding science-based understanding of the ocean . 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? 31 Adrienne Arsht: Businesswoman; $62.4 million. 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. Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. 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. 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. loading and try your donation again. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. 1 in the Port, is scheduled to be completed next year. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. The most likely cause of this is a content blocker on your computer or network. Click here to resend it.). 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. This South Bay natives photographic journey began after receiving his first 35 mm film camera upon earning his Bachelor of Arts degree. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Leadership & Adaptability methodology because we have not received data from the charity regarding its leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes.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. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 1 in the Port of Los Angeles, is scheduled for completion next year. 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. We leverage finance and accountability data from it to form Encompass ratings. AltaSeas business center, located at City Dock No. Melanie S Amaral: Po Box 2325, Oakdale, CA 95361-5325: 202008: Melanie & Friends Inc 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. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. 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. Want to see how you can enhance your nonprofit research and unlock more insights? Money Services Business Registrations; Moter Carriers; System for Award Management Entities; Biggest gift: $50 million to McPherson College . 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. City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. An Update for Readers on Our New Nonprofit Status. 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. They invested an additional $35 million in the partnership in 2019. 30. 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. 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. Estimates indicate the complete renovation and construction will cost upwards of $150 million. Biggest gift: $25 million Atlantic Council ____ 32. Want to get inside funders' heads? Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. Required fields are marked *. (BMF affiliation code: 3). Richard and his wife, Melanie, alongside then Los Angeles Mayor Antonio Villaraigosa, founded the Partnership for Los Angeles Schools in 2007 with a $50 million ten-year investment in the youth of Los Angeles. 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. 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 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. 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. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Candid gets you the information you need to do good. (Don't see an email in your inbox? Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. Sergey Brin. "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 Center of Innovation renovation of an existing 180,000 square foot warehouse, is designated for commercial purposes focusing on businesses engaged in aquaculture activities, the development of Unmanned Underwater Robotic Vehicles (UURVs), entrepreneurial opportunities in oceanic related businesses and serve as the winter home for Ocean Exploration Trust, established by famed oceanographer, Dr. Robert Ballard, who discovered the remains of the ill-fated Titanic. $62.8 million. about GuideStar Pro. 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. 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. (tie) Marc and Lynne Benioff . It is here where AltaSea will erect its Visitor Engagement Center. 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. to get more GuideStar Nonprofit Profile data today! Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. Steve has expanded his photographic talents to include portraits and group photography, special event photography as well as live performance and athletics. Real estate developers . 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