Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. Melanie and Richard Lundquist are agents of change and two of Southern California's most significant philanthropists. That way they know what the obstacles are, and they can help to find sustainable solutions. 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 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. It will host programs on a variety of topics related to ocean exploration. 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. But, the heart of the building features tanks and aquariums as well as laboratories and other spaces to conduct research and oceanic studies. Donations to Richard C and Melanie Lundquist Family Foundation are tax deductible. 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 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. "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.". She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. . $62.8 million . Ratings are calculated from one or more beacon scores. Holdfast Aquaculture and Transparent Sea are engaged in establishing sustainable food sources. They operate out of the La Kretz Blue Economy Incubator at 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 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). . Businesswoman . Major funding sources for the project include Economic Development Administration for infrastructure improvements, the Annenberg Foundation, The Rosalinde and Arthur Gilbert Foundation, Crail-Johnson Foundation, The Ralph M. Parsons Foundation, The Kenneth T. and Eileen L. Norris Foundation, Roy and Patricia Disney Family Foundation, Joseph Drown Foundation, Weingart Foundation and Goldhirsh Foundation LA2050. Business . The buildings design includes classroom space for lectures and learning activities. If it is your nonprofit, add a problem overview. (tie) David Frederick and Sophia Lynn, Biggest gift: $35 million to University of Oxford, Biggest gift: $40 million to Augustana College. 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. Click here to resend it.). Biggest gift: $274.3 million to Sergey Brin Family Foundation. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). Biggest gift: $81 million to Craig Newmark Foundation and Craig Newmark Philanthropic Fund ____ 25. 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. Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018. 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. Your email address will not be published. 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Southern California philanthropists and real-estate investors Richard and . Finding true systemic solutions to improve struggling public schools motivated her and her husband to help start the Partnership for Los Angeles Schools, she explained. Click on the link in that email This organization is required to file an IRS Form 990-PF. Equality in education is one of the most important civil rights, Lundquist said. 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. OPEN GOV US. 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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. Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. $62.8 million . Such partnerships are important right now, she said, because there isnt enough public money to meet the needs of society today, and its crucial for philanthropy and government to work together to help more people. An Update for Readers on Our New Nonprofit Status. Lundquist had strong words for her fellow philanthropists. The recognizing date of the exempt status is March, 2014. 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. When he showed me the plans on paper for AltaSea, he made them jump off the page, Richard Lundquist said. Please make sure your computer, VPN, or Sign in. We recognize that not all metrics and beacons equally predict a charitys success. The Center will feature an auditorium with large windows overlooking the wharf. 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. Its that kind of personal connection that moves me.. FORTUNE may receive compensation for some links to products and services on this website. LinkedIn has officially entered its cringe era, and its working. to try again. Richard and Nancy Kinder . Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Check out IPs directory of philanthropy and fundraising consultants. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. 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. Biggest . Warren Buffett Chairman of Berkshire Hathaway $758.8 million Biggest gift: $474.3 million to Susan Thompson Buffett Foundation 4. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Richard C and Melanie Lundquist Family Foundation. 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; 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. $62.8 million. The Partnership for Los Angeles Schools is an example of a public-private partnership. These are the donors who gave the most in 2022, according to The Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy. The recognizing date of the exempt status is December, 2007. The most likely cause of this is a content blocker on your computer or network. 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. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. 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 . "We lost Len way too soon. Inequities in education disproportionately hurt people of color, 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. Stuart and Molly Sloan . Watch for Steve Tabor Images on the worldwide web. Since 2000, the Richard C. and Melanie Lundquist Family Foundation has been engaged in philanthropy in Southern California, supporting local nonprofits with small grants of a few hundred or thousand dollars each. 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. Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. Founder of Bloomberg financial news company $1.7 billion Biggest gift: Various 3. Real estate developers. Leonard Aube, former Executive Director of the Annenberg Foundation, faced an untimely death in April 2015. Required fields are marked *. 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. 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.". Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Jacklyn and Miguel Bezos President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million 31 Adrienne Arsht: Businesswoman; $62.4 million. Biggest gift: $50 million to McPherson College. Ruling year info 2001 Main address 2041 Rosecrans Ave Ste 200 Zac Galaviz Foundation (EIN# 461099234) is an tax exempt organization filed with Internal Revenue Service (IRS). She also said one of the best paths to ending systematic racism is to improve access to education and close the digital divide for students from underserved neighborhoods. Terms & Conditions. Melanie and Richard Lundquist stand inside the new administrative, research and incubator building. 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. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. 1 to serve as a home for the AltaSea campus. 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