Richard also serves on the El Segundo Economic Development Corporation Board of Governors and the Lundquist Institutes Board of Directors. I was one of those blue-haired little old ladies working the desk on Thursday nights, she says. Some of the other richie-rich residents on ultra-exclusive (and gated) Harbor Island include billionaire Donald Bren and billionaire George Argyros. Staying student-centered is at the heart of everything we do at the Partnership and were proud to support our Lundquist Fellows. Every day, we look out over the ocean and know that the answer to a lot of the earths challenges is out there somewhere. Knatz has also chronicled the fascinating history of the City Dock No. MMA Capital Holdings, Inc. focuses on infrastructure-related investments that generate positive environmental and social impacts and deliver attractive risk-adjusted total returns to shareholders, with an emphasis on debt associated with infrastructure including renewable energy projects. The Lundquists, both 65, pledged $50-million to Torrance Memorial Medical Center to build a new main patient tower, bringing their total gifts for the tower to $55-million. They have to leave the region for certain procedures, which can be inconvenient or even dangerous. 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. Since then, the Lundquists have given more money, including $50 million in 2013 for a new patient building, and $32.5 million last year for neurological, orthopedic, and spinal care. Those first gifts happened, says Richard Lundquist, because in the years leading up to them, the couple saw continuity and consistency in the ways the hospitals leaders operated, and in its decades-long financial health. 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. Many teachers and school administrators working in some of the toughest tumbledown schools were skeptical. 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. We have had the pleasure of getting to know many McPherson College students and hosting them in California. 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. Rooms also have sleeper sofas for friends and family and a tablet arm for charging mobile devices. 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. Have you ever heard of a $35 million house that has to share its driveway (and gate) with the next door neighbors? For many generations to come, this beautifully designed new medical complex, along with all those working in it, will provide advanced medical care for the entire community.. The Lundquists are signatories of the Giving Pledge, the movement where some of the worlds wealthiest individuals and couples commit to give more than half their wealth away. She says her public school teachers were some of the most influential people in her life. Gross somewhat unexpectedly slammed down $23,000,000 for a double-lot mansion on Harbor Island in Newport Beach (CA). They have also helped transform health care delivery and spur biomedical research and innovation. Lundquist was named Philanthropist of the Year in 2019 by the Los Angeles Business Journal. Gross took a $2.2 million loss on this one, not counting demolition fees and all those other costs involved with buying and selling a property of this magnitude. She was raised in Thousand Oaks and graduated from UC Berkeley with degrees in biology and English literature. An Update for Readers on Our New Nonprofit Status, Physicist From Humble Origins Showers Cash on Education. Leach estimated that about 2,000 patients a year in the South Bay will require advanced stroke care. The Lundquists are philanthropists from the wealthy Los Angeles suburb of Palos Verde Estates. We told (the architects) we wanted something unique and special for this community. The facility was built to withstand the largest earthquake geologists say the South Bay could face a magnitude of 7.4, Leach said. 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. About Dr. Richard Lundquist, LHD Dr. Richard Lundquist, LHD, is a native and lifelong resident of Southern California. The Balinese-inspired property was photographed for Architectural Digest in 2010 under Ms. Anistons ownership. The Lundquists have been involved with the hospital for several years, both as patients and donors. The couple also helps the medical center attract additional dollars by speaking to groups of potential donors and working with hospital leaders to cultivate relationships with wealthy philanthropists. Continental Development also developed Continental Park, considered the largest mixed-use office park in Los Angeles County. She is past president of the American Association of Port Authorities and past president of the International Association of Ports and Harbors. McPherson College is proud to honor Melanie and Richard Lundquist for their body of work that has driven systemic change in so many ways, said Michael P. Schneider, president of McPherson College, who conferred the degrees virtually earlier this month. 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. I guess I was observing more than I thought and saw this was just a really wonderful, caring place.. 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Richard and Melanie Lundquist "For us, philanthropy is the meaning of life and also what gives our lives true meaning. Melanie Lundquist is one of the leading philanthropists in Southern California, where she gives her support to various education and health care initiatives. August 3, 2022 | Giving Pledge signatories Lyda Hill and Lynn Schusterman, along with Lynn's daughter, Stacy Schusterman, are among this year's recipients of the Carnegie Medal of Philanthropy for their exemplary track record of giving and the impact of their generosity. However, Mr. Gross owns a heavy handful of ludicrously-expensive residences all over the place, his main residence for decades has been in Laguna Beach, behind the Orange Curtain. 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 . Dirt is a part of Penske Media Corporation. 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. Its been the best journey of our lives, really.. Back to Orange County. Anyway, Mr. & Mrs. "Melanie and I have invested both our time and financial resources at the institute," Richard Lundquist. We knew going in this (project) was a big (financial) stretch.. 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 . Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her philanthropic work. The hospital installed an interactive system that provides patients with health education videos or movies on demand on 40-inch HD televisions. And they have more big giving plans to come. That commitment to others is what inspires us as well. 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. The most likely cause of this is a content blocker on your computer or network. 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 . 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. All Rights Reserved. She previously served as the executive director of the Port of Los Angeles from 2006 to January 2014. 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. A special ceremony is being planned on campus for October 2021, contingent on COVID protocols. She and her husband Richard are the second-largest donors to AltaSea behind the Annenberg Foundation. Our goal now is to encourage fresh thinking, new ideas and a real commitment from business and science to uncover those answers and put them to work improving our lives and the health of our planet.. 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. 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. Among the successes: Graduation rates and student performance in math and other subjects at most of the participating schools have improved. And judging by the spike in hits our blog receives whenever we write about bonafide real estate ballers, Yolanda knew she just couldnt pass up writing about this. Ive always thought naming rights should be more like whats become customary for sports stadiums; you pay a certain amount a year, and if you dont continue to pay, your name comes down, says Richard Lundquist. Gross currently owns Ohana, the large and luxe spread he bought from Jennifer Aniston in 2011 for an unprecedented $35,000,000. 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. The couple will celebrate their 30th anniversary next year, and friends keep asking how they plan to mark the occasion. Public dollars alone can no longer sustain our society. Yes, kiddies, a tractor landlord can afford a $20 million vacant lot in one of the OCs most exclusive enclaves. 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. But we took a look at recent (2016) aerial imagery and it does not appear that Mr. 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. Its going to be a tremendous community asset, said President and CEO Craig Leach.