The recognizing date of the exempt status is December, 2007. Terms & Conditions. During their study of robotics, students received assistance from U.S. Navy personnel. We leverage finance and accountability data from it to form Encompass ratings. Denny Sanford. As a classroom teacher he used photography to share the world and his experiences with his students. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. The recognizing date of the exempt status is March, 2014. The Giving Basket is having some issues. Its that kind of personal connection that moves me.. 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.". Blue Robotics produces drones and UURVs of a much smaller scale. 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. Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. 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. 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.. President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million . Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. Learn More Salesforce . City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. $62.8 million . Creating economic opportunities for future generations. To subscribe, select any of the newsletters listed below. 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. A verification email has been sent to you. That way they know what the obstacles are, and they can help to find sustainable solutions. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Business . 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. Check back later to see if this organization has a rating history! loading and try your donation again. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. 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. 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. They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. Lately, the most common funding topics have been education, animal welfare and human services. Lundquist had strong words for her fellow philanthropists. 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. 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. 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. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. 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 Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. "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. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. The Form 990 is a document that nonprofit organizations file with the IRS annually. 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. 6. 2041 ROSECRANS AVE STE 200El Segundo CA 90245-4792, El SegundoCA | IRS ruling year: 2001 | EIN: 95-4872582. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 The foundation supports organizations involved with arts and culture, K-12 and higher education, and human services. Lundquist said K-12 public-school education is a top giving priority because she and her husband believe everyone deserves a top-quality education regardless of where they live or how much money their family makes. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. Steve began with photographing coastal landscapes and marine life. 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. This is a cooperative learning and research laboratory shared by USC Wrigley Institute for Environmental Studies, UCLA, Occidental College, Ocean Studies Institute California State Universities, Los Angeles Community College District, The Bay Foundation, California Science Center and National Oceanic and Atmospheric Administration (NOAA). Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. The Melanie Finley Ovarian Cancer Foundation, Inc. $62.8 million. We lost Len way too soon. 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. 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.. Try a low commitment monthly plan today. . This organization has not yet reported any program information. 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. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. Southern California philanthropists and real-estate investors Richard and . Learn more Biggest gift: $25 million Atlantic Council ____ 32. 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. 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? Biggest gift: $50 million to McPherson College. AltaSea accelerates scientific collaboration, facilitates job creation, and inspires the next generation to create solutions for a more sustainable ocean. 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. Development and implementation of these activities will resume when the COVID-19 situation stabilizes and school resumes. Please check your inbox in order to proceed. 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. You may then be asked to log in, create an account if you don't already have one, 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. When making the donation, Mr. Lundquist recognized Aube's 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 . 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. 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 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. When he showed me the plans on paper for AltaSea, he made them jump off the page. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. "We lost Len way too soon. Biggest gift: $50 million to McPherson College . Want to get inside funders' heads? They operate out of the La Kretz Blue Economy Incubator at AltaSea. Total revenues $10,000 2020 20122013201420152020$0$20k$40k Total expenses $14,720 2020 20122013201420152020$0$20k Total assets $2,187 2020 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.". Real estate developers . High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Biggest gift: $50 million . Click here to resend it.). Dr. Ballards Ocean Exploration Trust offers educators and students access to its ocean exploration and research projects. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. 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. 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. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. "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. FORTUNE may receive compensation for some links to products and services on this website. Richard and Melanie Lundquist . (tie) Marc and Lynne Benioff . 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. 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). Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. 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richard and melanie lundquist foundation