McPherson College has conferred honorary doctorates on Melanie and Richard Lundquist to recognize the couples significant body of work in driving systemic change in K-12 public education, health care delivery and innovation as well as the environment. 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. Melanie's mailing address filed with the SEC is C/O MUNICIPAL MORTGAGE & EQUITY, LLC, 621 EAST PRATT STREET, SUITE 300, BALTIMORE, MD, 21202. Among the successes: Graduation rates and student performance in math and other subjects at most of the participating schools have improved. Sixteen original art installations, many with South Bay themes, are scattered throughout the tower. After a decade of knowing McPherson College, your president, and your provost, we know our $25 million is the right big bet.. These transactions we are about to discuss all occurred about two years ago. Richard served for over ten years as Chairman of the Foundations Board of Directors. While Mr. Gross came and shut the haters down. When you walk in, we wanted to make sure that, first of all, its beautiful, Leach said. We are unable to fully display the content of this page. We are deeply grateful to Richard and Melanie for their incredible generosity to McPherson College. In short, hes a very big deal. elegant beauty supply net worth richmond; carlos majin dba star steel cleaning website; Knatz was the first donor to AltaSeas Doors to the Future Campaign, purchasing Door No. We applaud all of the people who participated in bringing this extremely complicated development project to fruition, both ahead of schedule and below budget, Richard Lundquist said. In addition, AltaSea has been a leader in encouraging both business pioneers and students, launching the first ever Watts-based blue economy collaborative for minority entrepreneurs earlier this year and engaging 34 LAUSD Schools in LA STEM Collective educational programming focused on the ocean. Records show Mr. Grosss new mansion which appears to be contemporary in style was completed sometime in 1989. 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 Telephone: 3106401520 Lundquist got to know the day-to-day workings of the local hospital as a volunteer the 1980s and 90s. The institute has more than 120 medical researchers working on 600 studies, including therapies for multiple orphan diseases. WATCH: Melanie Lundquists announcement of gift to McPherson College. Their gifts have helped transform public education and health care delivery, spur biomedical research and innovation, and propel efforts to combat climate change. Third of all, that you knew where you were. Their kids are the dozens theyve gotten to know of the 14,500 children and teens the couple have sought to help since 2007, the year they gave $50 million to launch the Partnership for Los Angeles Schools, a nonprofit aimed at improving student success in 18 of the highest-need public schools in Los Angeles. But we took a look at recent (2016) aerial imagery and it does not appear that Mr. Thats not something you want to get on the 405 Freeway and make your way to Cedars or UCLA for, he said. The deadline for the Lundquist Fellows program is Thursday, March 30, 2023. 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 conferral of the honorary doctorates recognizes the Lundquists unique mission to leverage their philanthropic commitments to affect significant and measurable impact through driving systemic change, focusing on areas where their gifts can change systems as well as fortunes, not just make incremental progress. The Partnership for Los Angeles Schools is an example of a public-private partnership. How about yall? Prior to that, she was managing director of the Port of Long Beach. Richard and Melanie Lundquist "For us, philanthropy is the meaning of life and also what gives our lives true meaning. 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. I guess I was observing more than I thought and saw this was just a really wonderful, caring place.. Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, the nations most prominent bond investor, the best fairway on what is perhaps one of the worlds most famous golf courses, Reconstructed Thornton Abell Modern in Santa Monica Canyon Seeks $10.5 Million, CaptainSparklez Price Chops Mullet-Style WeHo Aerie, Sean Penn Romances Julia Roberts at a Landmark Reseda Restaurant in 'Gaslit', New York Hedge Funder Lands Classic Santa Monica Home. The Lundquists say they dont believe their name should be on a building forever. Dr. Melanie Lundquist, LHD, Known as One of Californias Most Active Philanthropists, Plans to Help AltaSea Expand Its Reach to Inspire the Next Generation. Mrs. Lundquist and her husband Richard are graduates of Los Angeles public schools where, as she told Los Angeles Times columnist Steve Lopez, "I got a wonderful education, and there are 50 teachers I could name right now who were some of my best friends, and even after I graduated, they continued to be friends." Leach said thats a reflection of nationwide trends from the past six years. 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. 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. 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. That's a net gain of about 50 after about 200 are closed in the older . That commitment to others is what inspires us as well. Yolanda is also not sure if there was a house on the lot when he acquired it or if it was just vacant land. 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 Gross is now with a much-smaller firm: Janus Capital. Gross has done much with the large spread across the street in the past two years. We have had the pleasure of getting to know many McPherson College students and hosting them in California. The construction was not without its fiscal challenges, starting as the worlds financial markets suffered a catastrophic meltdown. Enter your email below and well share the latest news and ways to get involved. His answer? or subscribe. 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. 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 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. The lot is a large (for the area) .53-acre of land. The remainder of the tower is devoted to patient rooms, including 48 intensive care units. The Lundquists are philanthropists from the wealthy Los Angeles suburb of Palos Verde Estates. At McPherson College, you learned how to think outside the building, not just the box keep at it, said Lundquist. Most unusually, the property shares its driveway with another house. Its among the 60 biggest gifts in the healthcare sector since 2005. 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. 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. He has a net worth of $5 billion. 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. She has been quoted in top-tier media outlets, including the New York Times and appeared on Bloomberg Television. The most active insiders traders include James Christopher Hunt, Michael L Falcone, and Gary A Mentesana . Earlier this month, Richard donated his prized Enzo Ferrari 1972 365GTB/4 Daytona, marking the first Ferrari in the automotive restoration programs 45-year history. (You can unsubscribe anytime), Partnership for Los Angeles Schools is a 501 (c)(3) Organization. However, Mr. More unemployment meant fewer people with medical insurance, while advances in medical technology and more restrictive policies from insurance companies have reduced in-patient stays, affecting profitability, he said. She established the Cardiovascular Institute at the Torrance Memorial Medical Center where she emphasizes womens heart health. 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. No big parties, just more big philanthropy, says Melanie Lundquist. Southern California philanthropists and real-estate investors Richard and Melanie Lundquist like to give big to causes and nonprofits that need them the most. The hospital will also use the money to provide better stroke care. Have you ever heard of a $35 million house that has to share its driveway (and gate) with the next door neighbors? She previously served as the executive director of the Port of Los Angeles from 2006 to January 2014. Many teachers and school administrators working in some of the toughest tumbledown schools were skeptical. Maybe hes converting it into a guest/staff residence. She is currently a Professor of the Practice of Policy and Engineering at USC. Yes, kiddies, a tractor landlord can afford a $20 million vacant lot in one of the OCs most exclusive enclaves. AltaSea has also been a hub for the national discussion about effective and sustainable use of ocean resources, hosting U.S. House Majority Leader Steny Hoyer, Congresswoman Nanette Barragn, Los Angeles Mayor Eric Garcetti, State Senator Steve Bradford, Assemblyman Richard Bloom, former California Governor Arnold Schwarzenegger, and many others interested in this unique and innovative public-private ocean institute. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. The Lundquists bring joy and possibility to our lifes work at McPherson College and the work of so many others. Wanting to put their friend at ease around fundraisers, the Lundquists joined him for a tour of the hospital. She is past president of the American Association of Port Authorities and past president of the International Association of Ports and Harbors. Second of all, that it felt warm and welcoming. Melanie and Richard Lundquist are among California's most significant philanthropists, having pledged more than $325 million in charitable contributions toward educational, medical, and. She says her public school teachers were some of the most influential people in her life. Heres how. Knatz, an elected member of the National Academy of Engineering, took over as chair of the board in January 2022. Thats $35,800,000 that this mysterious trust threw down in the span of a week all cash. Mrs. Lundquist is a founding member of the Board of the Partnership for Los Angeles Schools, past chair of the Advisory Board for Teach for America, and is co-chair of a $165 million capital campaign for the California Science Center. (Thomas R. Cordova / Staff Photographer). So their gift agreements with the medical center, which has named a building and the cardiovascular center for them, include a provision aimed at spurring donor bidding wars. 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. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. She was raised in Thousand Oaks and graduated from UC Berkeley with degrees in biology and English literature. Gross paid an even-steven $20,000,000 for a spectacular mansion on famed 17 Mile Drive in Pebble Beach (CA). 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. 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. Most notable among her philanthropic activities is her generous support of the Partnership for Los Angeles Schools. They ended up giving $10 million to the cardiovascular institute the largest donation to the hospital at that point and $3 million to expand emergency-room care. This five-year fellowship program seeks to further develop students who have demonstrated outstanding leadership and commitment to their schools, education, and communities with an academic scholarship and opportunities for personal and professional growth. Gross, not counting taxes, carrying costs, real estate fees, etc. Most notable among her philanthropic activities is her generous support of the Partnership for Los Angeles Schools. She said, Melanie, I know it when I see it, and hes not our donor. I was really disappointed, says Lundquist. A little web research reveals he is CEO of the Quinn Group, a massive Fresno, CA-based lessor of Caterpillar tractors and related equipment. They choose not to follow the crowd; instead, they seek to kick off a virtuous cycle that attracts other donors. 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. She and her husband Richard are the second-largest donors to AltaSea behind the Annenberg Foundation. 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. Mr. Gross no longer works with PIMCO. Theyve also gotten to know the beneficiaries. Staying student-centered is at the heart of everything we do at the Partnership and were proud to support our Lundquist Fellows. For their hospital stays, donors have first dibs on five patron rooms that are larger than regular rooms. Were truly lucky to have Richard and Melanie as members of the McPherson College family and this conferral recognizes that, said Schneider. LOS ANGELES--(BUSINESS WIRE)--AltaSea at the Port of Los Angeles is proud to announce that Dr. Melanie Lundquist, LHD, one of Californias most generous and fearless philanthropists, has joined the AltaSea Board of Trustees; and Dr. Geraldine Knatz, Ph.D., former executive director of the Port of Los Angeles and AltaSea board member since 2018, will lead the organization as board chair. Also on 17 Mile Drive and just a few doors away is a house that was sold for a county-record-smashing $31,250,000 in late 2014 to Arkansas-based billionaire Warren Stephens and his wife Harriet. Its named after the Palos Verdes Estates philanthropists who contributed $50 million to the project and have donated about $70 million to the hospital overall through the years. No kidding. Torrance Memorial Medical Center has now received a total of $100 million from Los Angeles philanthropists Melanie and Richard Lundquist. The nonprofit grew out of Melanie Lundquists search to find an organization or a program that would work steadily over time to repair and transform what she views as the nations broken school systems. May 24, 2022 McPherson College in McPherson, Kansas, has announced a $25 million gift from Melanie and Richard Lundquist. The hospital installed an interactive system that provides patients with health education videos or movies on demand on 40-inch HD televisions. They are co-founders of the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools. They are indeed special. Richard and I look forward to visiting campus in October. For decades, he very successfully led and grew the company as Chief Investment Officer. McCarthy served as general contractor of the hospital facility, which was delivered over four-and-a-half months early and $10 million under budget. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. Their work has created measurable results everywhere they go, and it proves that thoughtful philanthropy can lead to meaningful change.. Back to Orange County. 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. TORRANCE >> About $10 million under budget and six months ahead of schedule, Torrance Memorial Medical Centers $480 million seven-story tower opens to the public Friday and Saturday for tours and speeches. Construction is complete on Torrance Memorial's new $480 million Melanie and Richard Lundquist Tower. The Lundquists relationship with McPherson College started in 2014. Their gifts have created the Partnership for Los Angeles Schools, a sustainable, national transformation model for underserved non-charter K-12 public schools and they have made the largest single donor contribution to a non-teaching/training hospital in the United States to establish cardiovascular, neuroscience and orthopedic institutes and the expansion of the emergency department at Torrance Memorial Medical Center. 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. 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