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. This next century, we must turn to ocean exploration for greater understanding and knowledge to find solutions to many issues we are facing on this planet such as global warming and rising sea levels. about GuideStar Pro. 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. Inspired by the advent of COVID-19 restrictions, AltaSea staff developed a larger online presence for Project Blue. 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. Required fields are marked *. 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. The propertys 4,700 ft. wharf allows direct ocean access and affords ample space to dock a variety of vessels. 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. 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 . 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. Personal Ties Guide L.A. Couple's $190 Million in Giving to Schools and Hospitals. OPEN GOV US. Officers, directors, trustees, and key employees, Analyze a variety of pre-calculated financial metrics, Access beautifully interactive analysis and comparison tools, Compare nonprofit financials to similar organizations, Revenue and expense data for the current fiscal year, CEO, Board Chair, and Board of Directors information, *with the ability to download the data for 2020, 2019, 2018, 2017, 2016. 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. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. 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.. High school and middle school students can take advantage of AltaSeas extended learning opportunities that develop their STEM skills. Braid Theory focuses on bringing entrepreneurs and influencers together to create maritime collaborations. Richard C and Melanie Lundquist Family Foundation. Learn More Sign up for our email updates. Business . $62.8 million. Check out IPs full profile of the Richard C. and Melanie Lundquist Family Foundation in our LA and SoCal Funding Guide to learn more. Cision Distribution 888-776-0942 The most likely cause of this is a content blocker on your computer or network. Rohini, is the founder of Arghyam, a foundation that seeks to . Ratings are calculated from one or more beacon scores. 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. Biggest gift: $50 million to McPherson College ____ 31. 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. Check back later to see if this organization has a rating history! 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. About UsContact UsConsultants DirectoryFAQ & HelpTerms of UsePrivacy Policy, Individual Subscriptions Multi-User Subscriptions , What SoCal Groups Should Know About the Lundquist Family Foundation, IPs full profile of the Richard C. and Melanie Lundquist Family Foundation, How Katie McGrath and J.J. Abrams Give in Southern California, What the Marino Family Charitable Foundation Supports in California. Real estate developers . Charity leaders can capture donors with stories about their charities beneficiaries. Please make sure your computer, VPN, or Claim your profile for free Learn about benefits Summary Programs + Results Financials Operations Mission This organization has not provided GuideStar with a mission statement. 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. "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. Additional curriculum was developed and implemented at the Alliance Alice M. Baxter College-Ready High School in San Pedro. 1 in the Port of Los Angeles, is scheduled for completion next year. They operate out of the La Kretz Blue Economy Incubator at 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. 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. 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. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. 7. 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.". 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 They like nonprofits that look beyond their own front door and work to improve every aspect of their beneficiaries lives. Try a low commitment monthly plan today. (Wally Skalij / Los Angeles Times) The Lundquists made their fortune through Continental. 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. 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? "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.". to get more GuideStar Nonprofit Profile data today! Real estate developers. 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 organization has not yet reported any program information. Melanie Kirk-Stauffer, Melanie Finley Ovarian Cancer Foundation Inc. Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. For more information on AltaSea, please see our website:https://altasea.org. We are unable to fully display the content of this page. Richard C and Melanie Lundquist Family Foundation is a tax exempt organization located in El Segundo, California. $62.8 million . A searchable database with more information on the donors and their beneficiaries is available atphilanthropy.com. Denny Sanford. 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.". She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. Something else to know about the Lundquist Family Foundation is that it does not accept unsolicited funding requests. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. Annual IP membership required. Want to see how you can enhance your nonprofit research and unlock more insights? 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. The recognizing date of the exempt status is March, 2014. This January, they announced publicly an additional $35 million ten-year commitment they made to the Partnership late last year. Blue Robotics produces drones and UURVs of a much smaller scale. $62.4 million . 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. Privacy Policy. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. Richard and Melanie Lundquist. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. We lost Len way too soon. Both K-12 education and higher education receive support from the Lundquist family, as well as arts and culture organizations and healthcare groups in California. 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). 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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. Together to create maritime collaborations rating history an Accountability & Finance beacon or Impact! Smaller scale to give each year Blue Economy Incubator at AltaSea of vessels Guide to learn more Port Los. To College students to develop career awareness and knowledge to extend their classroom learning blocker your. 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