What impresses me is how AltaSea connects research to action in the fight against climate change, Lundquist said. They werent necessarily focused on fixing the school system in their own backyard, but when they hosted a political fundraiser in 2004 that Villaraigosa attended, Melanie Lundquist asked him what his top priorities would be if he won the mayoral race. There are perks for donors who contribute more than $150,000. The couple will celebrate their 30th anniversary next year, and friends keep asking how they plan to mark the occasion. Still, during the same period, the hospital also increased its share of the local market by 2 percentage points to almost 26 percent, Leach said. At that, the Lundquists shifted into high gear, helping raise money for his campaign. The hospital currently operates at 75 percent occupancy. Back to Orange County. In 2013, the Lundquists donated $50 million for the creation of a patient building at the hospital with all private rooms, now called the Lundquist Tower. Both houses were acquired by the very same buyer a mysterious entity calling itself the White Tiger Trust. Lundquist Fellows also receive a scholarship each year they fulfill program requirements, totaling $2,000 after completing five years of participation. $25M Surprise Gift Announced During McPherson College Commencement. Melanie Lundquist has served on its board of directors for the past six years. It is an exciting time at AltaSea, and I know our new board leadership will continue to foster the innovation and collaboration AltaSea has become known for, said Tamminen. 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. The lot is a large (for the area) .53-acre of land. The device, which literally suspends the heavy protective clothing above the operating table, saves time and aids mobility and stamina, Kaviani said. Part of HuffPost News. The impact of the Lundquists gift and friendship is truly immeasurable.. A little web research reveals he is CEO of the Quinn Group, a massive Fresno, CA-based lessor of Caterpillar tractors and related equipment. All Rights Reserved. Their gifts have created the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools that works within the Los Angeles Unified School District. We had to overcome decades of unfulfilled promises that were made to our teachers who were promised solutions, and few if any ever worked, she says. The Lundquists are signatories of the Giving Pledge, the movement where some of the U.S.s wealthiest individuals and couples commit to give more than half their wealth away. Melanie F Lundquist: 2041 Rosecrans Ave Ste 200, El Segundo, CA 90245-4792: 202112: . In January, the Partnership released a public report (paid for by the Carnegie Corporation) analyzing what the organization has accomplished over the past decade. "Melanie and I have invested both our time and financial resources at the institute," Richard Lundquist. Richard earned his Bachelor of Science Degree from the University of Southern California. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her philanthropic work. Melanie was named Philanthropist of the Year in 2019 by the Los Angeles Business Journal. On one hand, it enabled Torrance Memorial to save about $30 million on construction costs, Leach said. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Get the latest scoop directly in your inbox. Gross paid an even-steven $20,000,000 for a spectacular mansion on famed 17 Mile Drive in Pebble Beach (CA). Most donations to healthcare organizations go to research institutes, such as those trying to cure cancer, or to hospitals testing out the latest technologies or therapies to treat rare medical conditions. The facility was built to withstand the largest earthquake geologists say the South Bay could face a magnitude of 7.4, Leach said. Knatz was the first donor to AltaSeas Doors to the Future Campaign, purchasing Door No. Since then, the Lundquists have become regular supporters of the college. Richard also serves on the El Segundo Economic Development Corporation Board of Governors and the Lundquist Institutes Board of Directors. 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 . Her background as a respected leader in the global goods movement and her leadership as chair will be vital as we continue making important progress.. Insiders trading at MMA Capital Inc Over the last 20 years, insiders at MMA Capital Inc have traded over $3,826,546 worth of MMA Capital Inc stock and bought 470,846 units worth $12,697,475 . 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. When you walk in, we wanted to make sure that, first of all, its beautiful, Leach said. Back in 2002, Mr. & Mrs. No big parties, just more big philanthropy, says Melanie Lundquist. Melanie Lundquist goes a step further. We hope this gift will cause everyone to pay greater attention to the value of small liberal arts colleges. The Lundquists relationship with McPherson College began in 2012, when Melanie donated tool sets to the schools Automotive Restoration program in honor of Richards birthday. Sixteen original art installations, many with South Bay themes, are scattered throughout the tower. That piece of equipment will protect the surgeon from radiation used during medical procedures without donning a 40- to 50-pound lead apron, he said. Southern California philanthropists and real-estate investors Richard and Melanie Lundquist like to give big to causes and nonprofits that need them the most. She also lends her support to the Fulfillment Fund's endowment fund for college scholarships, and has taken active roles in Inner City Arts, United Friends of the Children, and Alliance for Children's Rights, among others. It was important to us when you walked through those front doors that you could see all the way through (the building) so you would be oriented to where you are.. This is a statement that Melanie and Richard Lundquist can relate to. The Lundquists are champions for McPherson Colleges mission, and more importantly, they are role models for our students they are people of passion and commitment, focused on improving humanity. Richard and I talked about it. She was raised in Thousand Oaks and graduated from UC Berkeley with degrees in biology and English literature. Knatz, an elected member of the National Academy of Engineering, took over as chair of the board in January 2022. Lundquist was named Philanthropist of the Year in 2019 by the Los Angeles Business Journal. Heres how. The lower floors will be used for outpatient services, but officials are still deciding how to use the upper floors. Her grandfather, a migrant to this country, became a successful business owner and was a member of the Los Angeles Merchants Association, the group that founded what would later become the City of Hope. His answer? We want to hear from you! Richard served for over ten years as Chairman of the Foundations Board of Directors. For more information on AltaSea, please see our website: https://altasea.org, Jacob Scott That came on the heels of declining patient volumes since the outset of the recession and a significant decline in cash flow earlier in 2013, Moodys said. Among the successes: Graduation rates and student performance in math and other subjects at most of the participating schools have improved. The Partnership for Los Angeles Schools is an example of a public-private partnership. Melanie Lundquist said that without a teaching hospital, residents of the South Bay dont always have access to the most advanced medical care. Dr. Richard Lundquist, LHD, is a native and lifelong resident of Southern California. Maybe well get together with the kids or something, adds her husband. Then, exactly one week later on June 10th a two=story mock-med house next door to Mr. Grosss place sold for $16,000,000. AltaSeas 35-acre campus devoted to marine and maritime research, education and business entrepreneurialism has an important role to play as Los Angeles helps lead the way in promoting the blue economy, said Knatz, who as the first Executive Director of the Port of Los Angeles from January 2006 through January 2014, helped create and implement the San Pedro Bay Ports Clean Air Action Plan. Third-generation philanthropist Melanie Lundquist has donated more than $150M in an effort to achieve equality in education and health SoCal By Allison Brunner / November 6, 2017 Native Angeleno Melanie Lundquist is a leading philanthropist who focuses her support on various healthcare and education initiatives. But we took a look at recent (2016) aerial imagery and it does not appear that Mr. Richards company is also the landlord for the global headquarters of electric vehicle automaker Fisker, Inc. as well as the iconic American automotive magazine, Motor Trend. Its the biggest event for Torrance Memorial since 1971, when the hospital moved from the Old Torrance site where it was founded in 1925, financed by $100,000 bequeathed by the citys founder in his will. Not for lack of trying, but we were unable to locate a purchase price. Students apply and are selected to join the program during their seventh and eighth grade school year. It dawned on me about 20 years ago that if I had a heart attack at 4 p.m. in the afternoon I was DOA if I had to go to Cedars, said Lundquist, who lives in Palos Verdes Estates. Melanie and Richard Lundquist, LHD, shocked the McPherson College community during its 134th Commencement Ceremony, announcing the couples $25 million gift to the college for the Building Community Campaign the largest gift in the colleges 135-year history. The hybrid operating room offers such advantages as a zero-gravity radiation protection system, said Dr. Amir Kaviani, a vascular surgeon. By the mid-1990s, Richard completed his purchase of Continental Development Corporation, which has now developed well over 5 million square feet of commercial buildings. One of Mr. Grosss closest neighbors in Laguna Beach is Oculus VR founder Brendan Iribe, who paid more than $30,000,000 for an Irvine Cove residence thats literally a stones throw away from Mr. Grosss compound. Richard holds an undergraduate Bachelor of Science from the University of Southern California. In addition to his $40+ million compound in Laguna Beach, he also owns another super-luxe modern compound in the Palm Desert resort town of Indian Wells, CA its pretty much the Beverly Hills of Riverside County. Unfortunately, we dont know Mr. This gift will help put our Community by Design strategic plan on a new trajectory ensuring the new campus commons is built and strengthening the colleges academic programs as well as support the student debt project, which enables students to graduate debt-free, said McPherson College President Michael Schneider. Melanie and Richard Lundquist are agents of change and two of California's most significant philanthropists. 1, the pier that is home to AltaSea in her latest book about the Port of Los Angeles. 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Thats $35,800,000 that this mysterious trust threw down in the span of a week all cash. They had very good reasons not to believe in us.. 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. Well, now you have. Maybe hes converting it into a guest/staff residence. The institute has more than 120 medical researchers working on 600 studies, including therapies for multiple orphan diseases. Construction is complete on Torrance Memorial's new $480 million Melanie and Richard Lundquist Tower. Dirt is a part of Penske Media Corporation. Melanie Maring Lundquist Net Worth What's Melanie Lundquist's mailing address? She has been quoted in top-tier media outlets, including the New York Times and appeared on Bloomberg Television. Melanie and her husband Richard are agents of change and two of Californias most significant philanthropists. They have been invaluable members of the McPherson College community for years, providing counsel on many matters and expanding our network through their vast connections. Thats a net gain of about 50 after about 200 are closed in the older seven-story Central Tower, which will be emptied from the fourth floor up once the new facility opens, Leach said. On a brighter note, Yolanda is on her way to Death Valley for the weekend to escape LAs heat. Most notable among her philanthropic activities is her generous support of the Partnership for Los Angeles Schools. 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. Their work has created measurable results everywhere they go, and it proves that thoughtful philanthropy can lead to meaningful change.. We are especially touched that the honorary degrees are being conferred by McPherson College, a place that for over 130 years has been educating students with a special focus on service. In short, hes a very big deal. Prior to that, she was managing director of the Port of Long Beach. AltaSea at the Port of Los Angeles is dedicated to accelerating scientific collaboration, advancing an emerging blue economy through business innovation and job creation, and inspiring the next generation, all for a more sustainable, just, and equitable world. Expansive windows that allow light to flood in is a constant theme throughout the building, said Connie Senner, director of construction. We are proud to recognize them with these honorary degrees, said Amanda Gutierrez, vice president for the colleges auto restoration program. Latest $32 Million Donation by Melanie & Richard Lundquist Will Establish Neuroscience Institute and Orthopedic & Spine Institute at Torrance, CA Hospital June 15, 2017 04:07 PM Eastern Daylight Time The Lundquists met in the 1980s as neighbors in an apartment complex in Redondo Beach, a coastal city in Los Angeles County. For their hospital stays, donors have first dibs on five patron rooms that are larger than regular rooms. 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. 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The hospital installed an interactive system that provides patients with health education videos or movies on demand on 40-inch HD televisions. Excited about helping connect the hospital to a potential big donor, Melanie Lundquist later asked the head of development about the friend. Besides, says Richard Lundquist, universities with large endowments should put some of that money back into the local K-12 public schools so students are better prepared for college. Wanting to put their friend at ease around fundraisers, the Lundquists joined him for a tour of the hospital. Once javascript and access to those URLs are allowed, please refresh this page. A decade ago, they pledged. The remainder of the tower is devoted to patient rooms, including 48 intensive care units. Although Torrance Memorial already is the largest acute-care hospital in the South Bay, the new tower will increase the total number of beds to 446. Melanie and her husband Richard are agents of change and two of Californias most significant philanthropists. As far as we can tell, Mr. Commencement Speaker Dr. Melanie Lundquist encourages students to persevere and embrace the nuances in life as she announces largest gift in colleges history. 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. Yolanda, of course, opened her own investigation and it only took a couple minutes of research before we discovered (and as you probably already guessed) that this White Tiger Trust is very easily connected to the man himself William H. Gross, aka Bill Gross. Richard and I spend time at the schools and with the kids, and I sometimes meet with the principals and parents and teachers, she says. In addition to their own $50 million donation, doled out over 10 years, the Lundquists have tapped their many business connections to help raise money from a number of corporations and foundations. Most unusually, the property shares its driveway with another house. We knew going in this (project) was a big (financial) stretch.. For over three decades, Richard has served as a member of the Board of Directors of the El Segundo Education Foundation, a non-profit organization that raises funds for El Segundo, CA public schools, where Continental Development is headquartered. A special ceremony is being planned on campus for October 2021, contingent on COVID protocols. Villaraigosa had to do some arm twisting, as Melanie Lundquist puts it, to get the Los Angeles Unified School Districts board to agree to let the Partnership into the schools. He. Here we are six years later and we are now at $130 million in giving for this building.. L.A. County Supervisor Janice Hahn, who represents the South Bay, said the Lundquists donation helps ensure healthcare is accessible for the community. 412-445-7719, Internet Explorer presents a security risk. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. The Lundquists have been involved with the hospital for several years, both as patients and donors. They have also helped transform health care delivery and spur biomedical research and innovation. The Lundquists are signatories of the Giving Pledge and have appeared four times on The Philanthropy 50, the annual list of Americas 50 most generous philanthropists. The deadline for the Lundquist Fellows program is Thursday, March 30, 2023. Their Building Community fundraising campaign was launched in October 2019 with a goal of $20 million, which was met 2 years ahead of schedule in December 2020. I was one of those blue-haired little old ladies working the desk on Thursday nights, she says. There were infrastructure upgrades for some of the most neglected facilities, but there were also elements that reached deeply into the operations of the schools, including teacher-support programs, academic and other coaching for students, and advice and engagement efforts for parents. Enter your email below and well share the latest news and ways to get involved. The Grosses spent years attempting to unload their place at a variety of asking prices before it finally sold in May 2014 for just $16,500,000 to venture capitalist Hank Plain and his wife Lisa. Patient rooms, waiting rooms and pre- and post-operation areas are built out to exterior walls to take advantage of the light and views. Gross who has been married to his second wife, Sue Frank, for over 30 years and has three grown children, FYI is also a major philanthropist and one of the worlds top stamp collectors. California philanthropists and Giving Pledge Signatories Drs. 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. Geraldine Knatz is Professor of the Practice of Policy and Engineering, a joint appointment between the University of Southern California Price School of Public Policy and the Viterbi School of Engineering. Residential Links: www.philanthropy.com By: jdubble07 Advertisement Around the World Mailing List Advertisement These deals were kept hush-hush. And theyve taken a very unusual approach to naming rights one that sacrifices their own vanity for the sake of the institution. Patients will no longer need to be referred out of the South Bay for neurological care, Torrance Memorial Chief Executive Craig Leach said. 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. In June 2018, the Chronicle of Philanthropy featured the Lundquists in a profile story titled A Lifetime Commitment: LA couple, who have signed the Giving Pledge, donate to groups that need them the most. They have appeared four times on The Philanthropy 50, the annual list of Americas 50 most generous philanthropists, published by the Chronicle of Philanthropy. They choose not to follow the crowd; instead, they seek to kick off a virtuous cycle that attracts other donors. 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. 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. 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. But as far as Yolanda knows, nobody else on the interwebs has discussed them yet. 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. I call them heroes, Leach said of the Lundquists. Its kind of a goal of mine to get people to understand that where you went to public school, your K-12, that is an alma mater as well, and that is way more in need than anything else, she says. 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. Gross or any of his family members so we cant shed even a flicker of light on what his plans may be for his three-house compound, which spans a total of 1.24 acres and has nearly 24,000 square feet of interior space between the three structures. She said, Melanie, I know it when I see it, and hes not our donor. I was really disappointed, says Lundquist. Then Mr. Charles Butt H-E-B United States Charles Butt is the chairman and CEO of H-E-B, a grocery chain in Texas and northeastern Mexico founded by his grandmother. Yes, kiddies, a tractor landlord can afford a $20 million vacant lot in one of the OCs most exclusive enclaves. The grand opening will be on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. Melanie Lundquist is one of the leading philanthropists in Southern California, where she gives her support to various education and health care initiatives. Leach said thats a reflection of nationwide trends from the past six years. The Lundquists have also spurred biomedical innovation and research through their significant gifts to The Lundquist Institute and have supported McPherson College with the largest-ever gift to a private liberal arts college in Kansas. 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 . Richard and Melanie Lundquist "For us, philanthropy is the meaning of life and also what gives our lives true meaning. Gross came and shut the haters down. But the report makes clear that more needs to be done, and to that end the Lundquists donated an additional $35 million last year. 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