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. Real estate developers. Blue Robotics produces drones and UURVs of a much smaller scale. After renovation, on-campus educational opportunities abound. $62.8 million. "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. $62.8 million. $62.8 million . 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. 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. Richard and Nancy Kinder . President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. Browse the listings for your next project. The recognizing date of the exempt status is December, 2007. Richard Lundquist is the president of the Continental Development Corporation, an El Segundo, California-based commercial real estate and management company. 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. To subscribe, select any of the newsletters listed below. Click on the link in that email 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. (Don't see an email in your inbox? Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. 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. Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. Richard and Melanie Lundquist . Once javascript and access to those URLs are allowed, please refresh this page. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. The Center will feature an auditorium with large windows overlooking the wharf. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. LinkedIn has officially entered its cringe era, and its working. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Biggest gift: $50 million to McPherson College ____ 31. Richard and Melanie Lundquist Apr 2014 . Click here to search for this organization's Forms 990 on the IRS website (if any are available). Are Cows causing Climate Change? 31 Adrienne Arsht: Businesswoman; $62.4 million. Built just prior to the opening of the Panama Canal in approximately 1915, City Dock No. The couple are real-estate developers but spend much of their time taking a hands-on approach to their philanthropy. For more information on AltaSea, please see our website:https://altasea.org. "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.". Required fields are marked *. The propertys 4,700 ft. wharf allows direct ocean access and affords ample space to dock a variety of vessels. All rights reserved. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. Project Blue @ Home offers live chats with AltaSeas partners, participation in a blog series, Heres the Blue Deal and access to learning tools. Biggest gift: $50 million to McPherson College. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. 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. 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. 30. $62.8 million . The Melanie A. Nickels Nutz & Boltz Foundation, Inc. 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"We lost Len way too soon. They are establishing farms in the waters off the San Pedro coast. 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 . This five-year fellowship program seeks to further develop students who have demonstrated outstanding . LOS ANGELES, Nov. 21, 2019 /PRNewswire/ -- Southern California philanthropists Richard and Melanie Lundquist have made a $5 million gift to AltaSea at the Port of Los Angeles to advance ocean . 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. Richard and Melanie Lundquist. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Key Persons data is currently unavailable for this organization. Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. Please check your inbox in order to proceed. Southern California philanthropists and real-estate investors Richard and . 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.. (tie) Marc and Lynne Benioff . It is here where AltaSea will erect its Visitor Engagement Center. The campus design was developed by Gensler, an architecture firm whose Los Angeles projects include the Banc of California Stadium in Exposition Park and the Ritz-Carlton Hotel and Residences and the J. W. Marriott at LA Live. 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. Richard and Melanie Lundquist . Want to see how you can enhance your nonprofit research and unlock more insights? 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. To view the original article, click here. A verification email has been sent to you. 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. Salesforce . Rohini, is the founder of Arghyam, a foundation that seeks to . Additional learning experiences were developed in cooperation with the Cabrillo Marine Aquarium (CMA). 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. Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. Watch for Steve Tabor Images on the worldwide web. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; All rights reserved. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. Biggest gift: $617 million to Laura and John Arnold Foundation. 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. Your email address will not be published. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. 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. LOS ANGELES, Nov. 21, 2019 /PRNewswire/ --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. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Can Philanthropy Help Create a Golden State for the Golden Years? Offers may be subject to change without notice. Please make sure your computer, VPN, or "We lost Len way too soon. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). 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. 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. Business . 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. 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. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. The people, governance practices, and partners that make the organization tick. to try again. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. 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. If you wish to donate, please refresh the page. 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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Inequities in education disproportionately hurt people of color, Lundquist said. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. Biggest gift: $25 million Atlantic Council ____ 32. 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. Biggest gift: $25 million Atlantic Council ____ 32. about GuideStar Pro. 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. Like many foundations in Southern California, the Lundquist Family Foundation is connected to the real estate industry. AltaSea's business center, located at City Dock No. In other sections of the Center, visitors will have the opportunity to interact with exhibits and displays related to the work being done by researchers and industry leaders. As a result, tenants at AltaSea are required by their lease agreements to assist with educational opportunities and internships. During their study of robotics, students received assistance from U.S. Navy personnel. 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. The most likely cause of this is a content blocker on your computer or network. 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. 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. 1 to serve as a home for the AltaSea campus. When he showed me the plans on paper for AltaSea, he made them jump off the page. We lost Len way too soon. See rating report below to learn why this organization is not currently eligible. Its all about collaboration, said Lundquist. The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. Apply to join the directory. You may then be asked to log in, create an account if you don't already have one, Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. 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. 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. Richard and Melanie Lundquist. 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. 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. Richard and Melanie Lundquist signed the Giving Pledge in 2018. Real estate developers . 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