But the report makes clear that more needs to be done, and to that end the Lundquists donated an additional $35 million last year. AltaSea has attracted some of the most incredible, forward-thinking, and innovative leaders to our board, so to add someone of Melanies significant stature reinforces once again that our work is meaningful and continues to resonate with those who see the benefit in ocean-related solutions to climate change in the fields of business, science, and education, said AltaSea President and CEO Terry Tamminen. By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. On June 3, 2014, the large, multi-winged house directly across the street from Mr. Grosss house unexpectedly sold for a very serious $19,800,000. Every day, we look out over the ocean and know that the answer to a lot of the earths challenges is out there somewhere. Melanie Turner Kirkland, federal tax id number for rovazzini electric in gardena ca, auto repair south carolina sc sourcing manager mail, recycling centers colorado co executive procurement manager mail, car rental connecticut ct manager procurement mail, auto body shops south carolina sc sourcing manager mail, carlos majin dba star steel cleaning website, W99 - Public & Societal Benefit (Not Elsewhere Classified), Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi), Independent - Independent organization or independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations), 990 - Required to file Form 990-N - Income less than $25,000 per year, 4250 Valley Lake Ter, Atlanta, GA 30349-1843, 2041 Rosecrans Ave Ste 200, El Segundo, CA 90245-4792, 1216 Laurel Park, Robinson, TX 76706-5674, 13806 Inglewood Ave, Hawthorne, CA 90250-6722, 10 Maple Leaf Dr, Hyde Park, MA 02136-1253, 2526 67th Avenue South, St.petersburg, FL 33712, 102 Oakwood Ave., 120 Red, Palatka, FL 32177, 440 Ne 4 Avenue, Unit 201, Fort Lauderdale, FL 33301. And theyve taken a very unusual approach to naming rights one that sacrifices their own vanity for the sake of the institution. We are proud to be Bulldogs, said Melanie Lundquist. She was the first woman to serve in this role and made a significant impact through the creation and implementation of the San Pedro Bay Ports Clean Air Action Plan, an aggressive plan that reduced air emissions by combined port operations of over 70% within five years. Thats $35,800,000 that this mysterious trust threw down in the span of a week all cash. Melanie and Richard Lundquist are agents of change and two of Californias most significant philanthropists. The Lundquists met in the 1980s as neighbors in an apartment complex in Redondo Beach, a coastal city in Los Angeles County. 2023 Dirt.com, LLC. Melanie and her husband Richard are agents of change and two of . Their gifts have helped transform public education and health care delivery, spur biomedical research and innovation, and propel efforts to combat climate change. They have also helped . Mrs. Lundquist and her husband Richard own the Continental Development Corporation which has developed and manages 4 million square feet of premium office, research and development, commercial, retail, restaurant and entertainment properties, including the Intercontinental Hotel in San Francisco, the 30 acre Sky-Park medical Facility in Torrance, CA; and various upscale shopping plazas around Southern California. What impresses me is how AltaSea connects research to action in the fight against climate change, Lundquist said. Unfortunately for the Grosses pocketbooks, the vacant land did not sell until April 2014, when Blake Quinn paid $20,800,000 through an LLC for the prime parcel. I appreciate the Lundquists for understanding how vital institutions like McPherson College are to our local communities and the nation, and I look forward to seeing the benefits of their generosity for years to come, said Kansas senior U.S. Lundquist is a member of the University of Southern California (USC) Presidents Leadership Council and Vice Chair of the Board at the Partnership for Los Angeles Schools. Melanie holds undergraduate and graduate degrees from USC in communicative disorders/speech pathology and audiology, as well as a credential as a specialist in special education. 2023 BuzzFeed, Inc. All rights reserved. All Rights Reserved. Then Mr. The old tower was built in the late 1960s and is no longer seismically compliant with state laws, prompting the construction of the Melanie and Richard Lundquist Tower. or subscribe. They have carved out a path less traveled helping to improve outcomes for people, especially those living at the margins. The most active insiders traders include James Christopher Hunt, Michael L Falcone, and Gary A Mentesana. I was one of those blue-haired little old ladies working the desk on Thursday nights, she says. In the country there are 11 million fewer patient days today than there were in 2008, Leach said. Melanie holds undergraduate and graduate degrees from USC in communicative disorders/speech pathology and audiology, as well as a credential as a specialist in special education. Maybe hes converting it into a guest/staff residence. Mr. The Lundquists bring joy and possibility to our lifes work at McPherson College and the work of so many others. McPherson College is a special place that embraces the love of humanity, said Melanie Lundquist, while announcing her and her husbands first major philanthropic gift outside of California. They had very good reasons not to believe in us.. Blah blah blah. These transactions we are about to discuss all occurred about two years ago. They have also helped transform health care delivery and spur biomedical research and innovation. Founded in 1887, McPherson College is set on a 27-acre campus in McPherson, Kan., one of the top 100 small towns in the U.S. and offers 30 majors and pre-professional programs. Their contributions to the medical center and the Partnership for Los Angeles Schools reveal an overriding aspect that surrounds most of the Lundquists giving: They prefer to devote their biggest donations to groups they seek out and get to know over time, and they want those donations to have a big impact on the organizations and people they are trying to help. This is a statement that Melanie and Richard Lundquist can relate to. Eventually, patients will be able to order meals akin to room service in a hotel, request housekeeping services and buy gift shop items. Most unusually, the property shares its driveway with another house. But you knew that already, right? Prior to that, she was managing director of the Port of Long Beach. Richard also serves on the El Segundo Economic Development Corporation Board of Governors and the Lundquist Institutes Board of Directors. Lundquist got to know the day-to-day workings of the local hospital as a volunteer the 1980s and 90s. (Thomas R. Cordova / Staff Photographer), Craig Leach, President and CEO of Torrance Memorial Medical Center, stands overlooking the Lundquist Tower, a new seven-story, $480 million tower in Torrance on Wednesday, September 10, 2014. Then there's Apple CFO Luca Maestri who paid $9,000,000 for his forest-like 17 Mile Drive property, and Palos Verdes-based philanthropists Richard & Melanie Lundquist, who just this April (2016) slammed down $28,000,000 for a major 17 Mile Drive estate and they already own a smaller home on the very same road! We are unable to fully display the content of this page. Former Daily Breeze reporter and columnist Nick Green retired in 2021 after more than two decades with the newspaper covering Torrance, Lomita, Carson, the Palos Verdes Peninsula, soccer and the craft beer industry. Theyve also gotten to know the beneficiaries. Richard and Melanie Lundquist are Southern California real estate investors and are one of the most philanthropic donors in the United States. In short, hes a very big deal. David G. Booth, . Privately and ideally sited in the lower area of Beverly Hills Trousdale Estates neighborhood, Ohana sits on a gated flag lot of nearly an acre. While they have created significant and positive impact through their philanthropy, especially in California, their reach touches us in Kansas and in so many other parts of our country. If someone tells you it cannot be done, you tell them to go sit in the corner and watch you do it., We can all agree McPherson College is a special place that embraces the love of humanity, concluded Lundquist. The hospital will also use the money to provide better stroke care. And then theres furniture & real estate power couple Alan & Twila True, who in 2010 paid $27,000,000 through their Telluride Trust for the massive mansion at the end of the island. McCarthy served as general contractor of the hospital facility, which was delivered over four-and-a-half months early and $10 million under budget. Melanie's mailing address filed with the SEC is C/O MUNICIPAL MORTGAGE & EQUITY, LLC, 621 EAST PRATT STREET, SUITE 300, BALTIMORE, MD, 21202. The tower faces a 16-acre site across Lomita Boulevard that decades from now will house an expansion of the hospital, but until then will serve as staff parking. Hes known as the Bond King in American finance and the Old Grey Lady herself even referred to him as the nations most prominent bond investor. The Lundquists have also led efforts to invest in solutions to climate change through AltaSea at the Port of Los Angeles and critically important marine mammal research at the Marine Mammal Center, the largest marine mammal hospital in the world, located in Sausalito, Calif. Back to Orange County. Rather than following the path of so many wealthy donors who back charter-school efforts, the Lundquists wanted to devote their money and attention to where the majority of todays youths receive their education public schools. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. The Lundquists gift completes the campaign early, having raised $53 million in under three years. Thats a $3.5 million loss for Mr. The Doctor of Humane Letters (LHD) degrees were awarded by McPherson Colleges Board of Trustees and faculty, who voted unanimously to recognize the Lundquists with the honorary degrees. While Mr. The couple thought a friend who had just sold his business would be a good fit and connected hospital leaders with the man. Mr. Grosss nearest neighbors in Beverly Hills include nutritional supplement heir Ryan Drexler, Ringo Starr, Roger Birnbaum (he paid $20,000,000 for Ellen DeGeneress house), and Riza Aziz, the severely-legally-embattled stepson of Malaysian Prime Minister Najib Razak. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. We are deeply grateful to Richard and Melanie for their incredible generosity to McPherson College. They have given away about $190 million so far, primarily to education and health care in the Los Angeles area, where they spend most of their time and devote much of their giving. The previous owner of that house, sadly enough, hanged herself inside the massive mansion only a year before the sale. 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