Last updated: 21 July 2019 at 11:53pm EST. Lyda Hill, Lynn and Stacy Schusterman Among 2022 Carnegie Medal of Philanthropy Honorees. Gross is now with a much-smaller firm: Janus Capital. The Richard and Melanie Lundquist Fellows Program started in 2010, based on Partnership co-founders Richard and Melanie Lundquists vision to help identify and support future leaders in the Partnerships middle schools and high schools. The couple had previously donated $18 million for other hospital upgrades, including the Lundquist Cardiovascular Institute, they said. Our philanthropic journey has been our richest experience. To apply, access the application by clicking here. We are deeply grateful to Richard and Melanie for their incredible generosity to McPherson College. 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.. 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 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. OVERVIEW: Melanie and Richard Lundquist are leading philanthropists in Southern California and have pledged more than $225 million over the last decade to support education, cultural and health care initiatives throughout the region. Its going to be a tremendous community asset, said President and CEO Craig Leach. But the monetary outlay required also prompted bond-rating service Moodys to downgrade the hospital last November. They have also helped . Gross has done much with the large spread across the street in the past two years. An Update for Readers on Our New Nonprofit Status, Physicist From Humble Origins Showers Cash on Education. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. We told (the architects) we wanted something unique and special for this community. The institute has more than 120 medical researchers working on 600 studies, including therapies for multiple orphan diseases. Knatz was the first donor to AltaSeas Doors to the Future Campaign, purchasing Door No. 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. Richard and his wife, Melanie, alongside then Los Angeles Mayor Antonio Villaraigosa, founded the Partnership for Los Angeles Schools in 2007 with a $50 million ten-year investment in the youth of Los Angeles. Every day, we look out over the ocean and know that the answer to a lot of the earths challenges is out there somewhere. At that, the Lundquists shifted into high gear, helping raise money for his campaign. They are co-founders of the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools. Richard served for over ten years as Chairman of the Foundations Board of Directors. Were truly lucky to have Richard and Melanie as members of the McPherson College family and this conferral recognizes that, said Schneider. Some of the other richie-rich residents on ultra-exclusive (and gated) Harbor Island include billionaire Donald Bren and billionaire George Argyros. Richard and Melanie Lundquist are Southern California real estate investors and are one of the most philanthropic donors in the United States. The most active insiders traders include James Christopher Hunt, Michael L Falcone, and Gary A Mentesana. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Do you have info to share with HuffPost reporters? 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. Lundquist Fellows also receive a scholarship each year they fulfill program requirements, totaling $2,000 after completing five years of participation. Nobody thought Ms. Aniston would ever get anywhere near $30 million for that house. Third of all, that you knew where you were. Philanthropists Melanie and Richard Lundquist have donated $32 million to Torrance Memorial Medical Center to improve neurological, orthopedic and spinal care at the hospital. After a decade of knowing McPherson College, your president, and your provost, we know our $25 million is the right big bet.. 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. Were really promoting a family-centered care structure and having folks stay overnight is a big part of that, Senner said. 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. 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. Lundquist got to know the day-to-day workings of the local hospital as a volunteer the 1980s and 90s. McPherson College is important to the success of our state, and this gift will not only help the college continue to grow, but it will also greatly benefit the McPherson community. Due to the pandemic, the hooding ceremony was delayed until this years commencement exercises. Richard is considered one of Californias most respected real estate developers. Continental Development also developed Continental Park, considered the largest mixed-use office park in Los Angeles County. In addition, Geraldine has played a critical role in helping AltaSea create focal points of collaboration and expand its mission. 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. The grand opening will be held on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. Now get this, kiddies. Patient rooms, waiting rooms and pre- and post-operation areas are built out to exterior walls to take advantage of the light and views. He won, and with input from others, the Partnership eventually grew from a rough idea to a full-fledged nonprofit in two years. Anyway, Mr. & Mrs. Gross purchased his Irvine Cove property way, way back in March 1988. 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. 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. Most unusually, the property shares its driveway with another house. At McPherson College, you learned how to think outside the building, not just the box keep at it, said Lundquist. Thats a $3.5 million loss for Mr. Melanie Lundquist comes from a family of individual philanthropists. She is currently a Professor of the Practice of Policy and Engineering at USC. Medical staff wont move to the new tower overlooking Lomita Boulevard until Nov. 16, once the state-of-the-art, 256-bed hospital is fully stocked and staffed and patients literally roll in from the existing hospital wing. The Lundquists have been involved with the hospital for several years, both as patients and donors. Mrs. Lundquist is also a graduate of the University of Southern California, from which she holds both a BA and MA in Speech Pathology and Audiology. Southern California has already proven that it can be a leader in this area, said Knatz. 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.. 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. He was busy building a real-estate business, and she was a speech pathologist working with special-education children. 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. The hospital will also use the money to provide better stroke care. We knew going in this (project) was a big (financial) stretch.. Theres an infinity pool and direct golf-green-fronting views. 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. It was an ambitious concept for nonprofit involvement in a public-school system. They helped bring in gifts from Wells Fargo and DirecTV, as well as a number of large foundations. 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. The lot is a large (for the area) .53-acre of land. 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. Richard and I look forward to visiting campus in October. 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