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. Knatz has authored numerous publications as well as two award-winning books on the Port of Los Angeles. 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. Were really promoting a family-centered care structure and having folks stay overnight is a big part of that, Senner said. In January, the Partnership released a public report (paid for by the Carnegie Corporation) analyzing what the organization has accomplished over the past decade. Wallmine is a radically better financial terminal. Every day, we look out over the ocean and know that the answer to a lot of the earths challenges is out there somewhere. 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. Please, persevere. Other nearby Indian Wells neighbors include a multitude of billionaires: worlds richest man Bill Gates, industrialist Charles Koch, Montanas richest man Dennis Washington, Texas ranch/oil heiress Anne Windfohr Marion, and Mercedes-Benz heiress Ingrid Flick. But Melanie Lundquist, who volunteered at the hospitals front desk for more than a decade, said she saw firsthand the vital services Torrance Memorial provides. The couple will celebrate their 30th anniversary next year, and friends keep asking how they plan to mark the occasion. 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. During the past twelve months, AltaSea has secured $24 million in local, state, and federal funding commitments and is a finalist for a $32 million U.S. Economic Development Administration federal grant. 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. In July 2009, near the height of the recession, Mr. & Mrs. For their hospital stays, donors have first dibs on five patron rooms that are larger than regular rooms. May 24, 2022 McPherson College in McPherson, Kansas, has announced a $25 million gift from Melanie and Richard Lundquist. The $32-million donation is the second-largest gift this year to a healthcare provider or organization, according to the Chronicle of Philanthropy. Additionally, it takes smart leaders to move a college ahead, and we appreciate the good work of President Schneider and his team. $25M Surprise Gift Announced During McPherson College Commencement. We want to hear from you! At times, it will not be easy. Get the latest scoop directly in your inbox. 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. 1, the pier that is home to AltaSea in her latest book about the Port of Los Angeles. Their gifts have helped transform public education and health care delivery, spur biomedical research and innovation, and propel efforts to combat climate change. In the early 2000s the Lundquists became better acquainted with the medical centers leaders through their real-estate dealings, and by 2005 they heard the hospital was looking for a donor to support a new cardiovascular institute. During the pandemic, he co-developed and opened the 5.7-acre Del Rey campus, the newest office campus on the Westside of Los Angeles, where Electronic Arts the pioneering video game company is the anchor tenant. Later in the commencement address, Lundquist lauded the colleges ethos and encouraged the students to carry that throughout their life. 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 In 2007 the couple pledged over $50m to schools in Los Angeles. In 2019, during a McPherson College event at their home in Pebble Beach, the Lundquists announced the first-ever $1 million gift to the colleges Automotive Restoration program, the only four-year degree program of its kind in the U.S. But if there was a house there, it was demolished faster than yall can snap your fingers twice. 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Then theres 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! Some of the other richie-rich residents on ultra-exclusive (and gated) Harbor Island include billionaire Donald Bren and billionaire George Argyros. She and her husband Richard are the second-largest donors to AltaSea behind the Annenberg Foundation. After a decade of knowing McPherson College, your president, and your provost, we know our $25 million is the right big bet.. Example: Yes, I would like to receive emails from The Partnership for Los Angeles Schools. Melanie Lundquist said that without a teaching hospital, residents of the South Bay dont always have access to the most advanced medical care. 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. 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 grand opening will be on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. Can virtual reality reduce high blood pressure at a church in South L.A.? 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. They have also helped . Send us a tip using our anonymous form. Excited about helping connect the hospital to a potential big donor, Melanie Lundquist later asked the head of development about the friend. All Rights Reserved. Lundquist was named Philanthropist of the Year in 2019 by the Los Angeles Business Journal. They have also helped transform health care delivery and spur biomedical research and innovation. Please make sure your computer, VPN, or 2023 Dirt.com, LLC. 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. Richard and Melanie Lundquist said they were impressed with the final product. But, as is common with really rich folks, the Grosses had a change of heart and instead flipped the vacant lot on the market with a ballsy asking price of $26,900,000 in 2011. On one hand, it enabled Torrance Memorial to save about $30 million on construction costs, Leach said. 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. 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. Lundquist Fellows also receive a scholarship each year they fulfill program requirements, totaling $2,000 after completing five years of participation. Melanie Lundquist is one of the leading philanthropists in Southern California, where she gives her support to various education and health care initiatives. 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It was an ambitious concept for nonprofit involvement in a public-school system. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. AltaSea is quickly becoming a place where students can gain interactive, hands-on experience directly with entrepreneurs, focused on the blue economy.. 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. Public dollars alone can no longer sustain our society. 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. A decade ago, they pledged. Melanie's mailing address filed with the SEC is C/O MUNICIPAL MORTGAGE & EQUITY, LLC, 621 EAST PRATT STREET, SUITE 300, BALTIMORE, MD, 21202. No big parties, just more big philanthropy, says Melanie Lundquist. 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. This is humbling for Richard and me. All Rights Reserved. The lot is a large (for the area) .53-acre of land. 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 hospital held a community celebration on September 20, and the new facility opened to . 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. . Gross came and shut the haters down. 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. She is currently a Professor of the Practice of Policy and Engineering at USC. As best as we can tell by aerial images, the house underwent a renovation a few years ago. She previously served as the executive director of the Port of Los Angeles from 2006 to January 2014. Soumya Karlamangla previously covered healthcare in California for the Los Angeles Times. They have to leave the region for certain procedures, which can be inconvenient or even dangerous. (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. 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. The contributions are the result of a longstanding relationship the couple has had with the hospital, one that is rooted in an effort Melanie Lundquist made more than a decade ago when she was trying to help the hospitals chief fundraiser land a large gift from another donor. 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. Torrance Memorial Medical Center has now received a total of $100 million from Los Angeles philanthropists Melanie and Richard Lundquist. In 2014, she was named a member of the National Academy of Engineering in recognition of her international leadership in the engineering and development of environmentally clean urban seaports. An Update for Readers on Our New Nonprofit Status, Physicist From Humble Origins Showers Cash on Education. Most notable among her philanthropic activities is her generous support of the Partnership for Los Angeles Schools. We are proud to be Bulldogs, said Melanie Lundquist. She has been quoted in top-tier media outlets, including the New York Times and appeared on Bloomberg Television. A little web research reveals he is CEO of the Quinn Group, a massive Fresno, CA-based lessor of Caterpillar tractors and related equipment. Our philanthropic journey has been our richest experience. The couple thought a friend who had just sold his business would be a good fit and connected hospital leaders with the man. 412-445-7719, Internet Explorer presents a security risk. Many teachers and school administrators working in some of the toughest tumbledown schools were skeptical. 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. These deals were kept hush-hush. The Lundquists other philanthropic passion, health care, has been demonstrated mainly through a series of gifts totaling nearly $100 million to the Torrance Memorial Medical Center, just south of Los Angeles. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her philanthropic work. Patients will no longer need to be referred out of the South Bay for neurological care, Torrance Memorial Chief Executive Craig Leach said. Their work has created measurable results everywhere they go, and it proves that thoughtful philanthropy can lead to meaningful change.. 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. We are deeply grateful to Richard and Melanie for their incredible generosity to McPherson College. Back in 2002, Mr. & Mrs. Leach estimated that about 2,000 patients a year in the South Bay will require advanced stroke care. The medical needs in the community are no different than the medical needs of the community that does live near a teaching and training hospital, she said. But as far as Yolanda knows, nobody else on the interwebs has discussed them yet. The new private rooms patients share rooms in the old part of the hospital, which is not optimal for patient privacy or infectious disease control are 30 percent larger than existing rooms. On a brighter note, Yolanda is on her way to Death Valley for the weekend to escape LAs heat. The second floor boasts the towers most intensive uses, with a dozen new operating rooms, including the South Bays first hybrid operating room, which allows surgeons to perform high-risk, minimally invasive surgeries and then switch to more conventional open surgery if needed, an adaptive approach designed to accommodate the medical needs of an aging population. 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. Hes also, duh, a major lover of luxury real estate. They had very good reasons not to believe in us.. Melanie F Lundquist: 2041 Rosecrans Ave Ste 200, El Segundo, CA 90245-4792: 202112: . Gross is well-known for his very, very healthy appetite for luxury real estate. But apparently thats not space for this certified Real Estate Baller. Senator Jerry Moran. The hospital will also use the money to provide better stroke care. He has a net worth of $5 billion. Well, now you have. Its a real climb uphill; the boulders are sitting there ready to tumble down on me, but thats OK. We like a challenge.. Theres an infinity pool and direct golf-green-fronting views. They helped bring in gifts from Wells Fargo and DirecTV, as well as a number of large foundations. Melanie holds undergraduate and graduate degrees from the University of Southern California in communicative disorders/speech pathology and audiology, as well as a credential as a specialist in special education. Richard's company, Continental Development Corporation, is a commercial real estate development and management company headquartered in El Segundo, California, The Lundquists are not only neighborsthey own the InterContinental San Francisco hotel next doorbut also donors and philanthropists. We are unable to fully display the content of this page. 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. You may then be asked to log in, create an account if you don't already have one, In the country there are 11 million fewer patient days today than there were in 2008, Leach said. The Lundquists gift completes the campaign early, having raised $53 million in under three years. We want our name to be temporary, so if somebody comes along and donates as much as weve put in plus $1, they can take our name down.. 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. 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. Gross paid an even-steven $20,000,000 for a spectacular mansion on famed 17 Mile Drive in Pebble Beach (CA). To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Richard is considered one of Californias most respected real estate developers. Have you ever heard of a $35 million house that has to share its driveway (and gate) with the next door neighbors? Do you have info to share with HuffPost reporters? Melanie and Richard Lundquist are agents of change and two of Californias most significant philanthropists. The underlying foundation of the big picture for everything is education and health care; theyre basic human rights to us., A version of this article appeared in the. These transactions we are about to discuss all occurred about two years ago. Since then, the Lundquists have become regular supporters of the college. She was raised in Thousand Oaks and graduated from UC Berkeley with degrees in biology and English literature. The most recent stock trade was executed by Frederick W Puddester on 2 July 2020, trading 722 units of MMAC stock currently worth $18,129. Her mother raised funds to establish a dental clinic for impoverished children in Los Angeles in the 1920s when she was a student at U.S.C. 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. 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. 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. You are also agreeing to our Terms of Service and Privacy Policy. Richard and I look forward to visiting campus in October. 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. But you knew that already, right? "Melanie and I have invested both our time and financial resources at the institute," Richard Lundquist. 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 construction was not without its fiscal challenges, starting as the worlds financial markets suffered a catastrophic meltdown. Much to the shock, awe, and/or delight of onlookers, they immediately razed the existing structure and were all prepared to construct a new OC home base. The facility was built to withstand the largest earthquake geologists say the South Bay could face a magnitude of 7.4, Leach said. Leach said thats a reflection of nationwide trends from the past six years. 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. 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. Prior to that, she was managing director of the Port of Long Beach. By focusing resources on improving a key community hospital, the Lundquists are helping to strengthen the safety net for health care in our entire region, she said in a statement. 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. Recently, his company and a development partner secured approval to build and lease a new 14-acre headquarters and training facility to the Los Angeles Chargers NFL team. The house was never on the market, so there arent any listing photos or many facts/figures publicly available, but according to tax records the current, rather ho-hum structure was built in 1969 and spans 5,437 square feet with 4 bedrooms and 6 baths. And theyve taken a very unusual approach to naming rights one that sacrifices their own vanity for the sake of the institution. 2022 McPherson College. Melanie Lundquist goes a step further. Dr. Richard Lundquist, LHD, is a native and lifelong resident of Southern California. McCarthy served as general contractor of the hospital facility, which was delivered over four-and-a-half months early and $10 million under budget. A $50 million stretch goal was then established. Forbes ' real-time rankings of the world's billionaires pegs Aneel Bhusri's net worth at $1.8 billion. I guess I was observing more than I thought and saw this was just a really wonderful, caring place.. We have had the pleasure of getting to know many McPherson College students and hosting them in California. She says her public school teachers were some of the most influential people in her life. Richard and I talked about it. Melanie and her husband Richard are agents of change and two of . 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 . The Lundquists bring joy and possibility to our lifes work at McPherson College and the work of so many others. As members of the Partnership's student fellowship program - for scholars attending our secondary schools - Lundquist Fellows participate in leadership development opportunities while earning scholarships toward the pursuit of a higher education. But the monetary outlay required also prompted bond-rating service Moodys to downgrade the hospital last November. Anyway, Mr. & Mrs. 2022 McPherson College. Its been the best journey of our lives, really.. Melanie Maring Lundquist Net Worth What's Melanie Lundquist's mailing address? 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. 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. 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. Sixteen original art installations, many with South Bay themes, are scattered throughout the tower. They are co-founders of the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools. But we took a look at recent (2016) aerial imagery and it does not appear that Mr. This is a statement that Melanie and Richard Lundquist can relate to. 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. That transaction made all the real estate headlines and disclocated jaws from Los Feliz to Malibu. 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. Feb. 10, 2019 7 AM PT In the months leading up to their 70th birthdays, Melanie and Richard Lundquist thought about ways to celebrate. The grand opening will be held on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. 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