I was one of those blue-haired little old ladies working the desk on Thursday nights, she says. A little web research reveals he is CEO of the Quinn Group, a massive Fresno, CA-based lessor of Caterpillar tractors and related equipment. 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. They are also continuing to take an active role in helping the nonprofit raise money from others. Southern California philanthropists and real-estate investors Richard and Melanie Lundquist like to give big to causes and nonprofits that need them the most. 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. 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. 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 Lundquists relationship with McPherson College started in 2014. Prior to that, she was managing director of the Port of Long Beach. Please, persevere. . 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. 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. Construction is complete on Torrance Memorial's new $480 million Melanie and Richard Lundquist Tower. Then Mr. Some of the funding will also go toward improving the care delivered to surgical and intensive care unit patients, he said. 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. We want to hear from you! 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. L.A. County Supervisor Janice Hahn, who represents the South Bay, said the Lundquists donation helps ensure healthcare is accessible for the community. I have a real thing about womens heart health, so I said to Richard, What if we do this?". Every day, we look out over the ocean and know that the answer to a lot of the earths challenges is out there somewhere. Melanie and her husband Richard are agents of change and two of . She is currently a Professor of the Practice of Policy and Engineering at USC. 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. The grand opening will be held on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. 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. 2022 McPherson College. Lyda Hill, Lynn and Stacy Schusterman Among 2022 Carnegie Medal of Philanthropy Honorees. Torrance Memorial Medical Center's new seven-story, $480 million tower in Torrance on Wednesday, September 10, 2014. We want to make transformative contributions and create systematic change, and we want to be about the big picture, says Melanie Lundquist. As everyone and their aunties therapist knows and as was first revealed by the incomparable Your Mama over atVariety Mr. 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 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. Who is Blake Quinn? https://www.youtube.com/watch?v=8C5NLfYdZaE, Get our latest stories in the feed of your favorite networks. But the monetary outlay required also prompted bond-rating service Moodys to downgrade the hospital last November. 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. I guess I was observing more than I thought and saw this was just a really wonderful, caring place.. 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. 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.. 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. 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. 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. The hospital will also use the money to provide better stroke care. WATCH: Melanie Lundquists announcement of gift to McPherson College. 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. The largest gift in the college's 135-year history is the largest gift made by the Lundquists outside their native California. Melanie and Richard Lundquist are among California's most significant philanthropists, having pledged more than $325 million in charitable contributions toward educational, medical, and. Gross has done much with the large spread across the street in the past two years. The Balinese-inspired property was photographed for Architectural Digest in 2010 under Ms. Anistons ownership. (Thomas R. Cordova / Staff Photographer). 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. Can virtual reality reduce high blood pressure at a church in South L.A.? On a brighter note, Yolanda is on her way to Death Valley for the weekend to escape LAs heat. McCarthy served as general contractor of the hospital facility, which was delivered over four-and-a-half months early and $10 million under budget. 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. 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. Richard earned his Bachelor of Science Degree from the University of Southern California. 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. 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. Knatz has also chronicled the fascinating history of the City Dock No. Melanie Lundquist is one of the leading philanthropists in Southern California, where she gives her support to various education and health care initiatives. "Melanie and I have invested both our time and financial resources at the institute," Richard Lundquist. The previous owner of that house, sadly enough, hanged herself inside the massive mansion only a year before the sale. California philanthropists and Giving Pledge Signatories Drs. Thats a $3.5 million loss for Mr. It was an ambitious concept for nonprofit involvement in a public-school system. The hybrid operating room offers such advantages as a zero-gravity radiation protection system, said Dr. Amir Kaviani, a vascular surgeon. or subscribe. 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. His answer? 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. 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. You may then be asked to log in, create an account if you don't already have one, Sixteen original art installations, many with South Bay themes, are scattered throughout the tower. Melanie Lundquist is one of the leading philanthropists in Southern California, where she gives her support to various education and health care initiatives. They choose not to follow the crowd; instead, they seek to kick off a virtuous cycle that attracts other donors. Now get this, kiddies. Gross is now with a much-smaller firm: Janus Capital. 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. Have you ever heard of a $35 million house that has to share its driveway (and gate) with the next door neighbors? Again, the home was never on the market and there are no pics, but property records indicate it was built in 1979 and has 4 beds and 4.5 baths in 4,561 square feet of living space on a .27-acre lot. Most notable among her philanthropic activities is her generous support of the Partnership for Los Angeles Schools. 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. 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. How about yall? However, Mr. And they have more big giving plans to come. The Lundquists dont have children. Wanting to put their friend at ease around fundraisers, the Lundquists joined him for a tour of the hospital. No pun intended. 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We are deeply grateful to Richard and Melanie for their incredible generosity to McPherson College. The gift. The gift announced this week brings the couples total contributions to the hospital to $100 million over the last 11 years. Once javascript and access to those URLs are allowed, please refresh this page. 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. About Dr. Richard Lundquist, LHD Dr. Richard Lundquist, LHD, is a native and lifelong resident of Southern California. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. 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. In January, the Partnership released a public report (paid for by the Carnegie Corporation) analyzing what the organization has accomplished over the past decade. The Doctor of Humane Letters (LHD) degrees are awarded by McPherson Colleges Board of Trustees and faculty, who voted unanimously to recognize the Lundquists with the honorary degrees. 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. May 24, 2022 McPherson College in McPherson, Kansas, has announced a $25 million gift from Melanie and Richard Lundquist. David G. Booth, . 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. The most likely cause of this is a content blocker on your computer or network. Melanie Lundquist goes a step further. McPherson College has seen tremendous growth, with a 300 percent increase in applications and 40 percent increase in enrollment since 2009. In 1988, he became President & CEO of Continental Development Corporation. Residential Links: www.philanthropy.com By: jdubble07 Advertisement Around the World Mailing List Advertisement Some of the other richie-rich residents on ultra-exclusive (and gated) Harbor Island include billionaire Donald Bren and billionaire George Argyros. 1. We are transitioning beyond our support of K-12 public education and are hoping this gift spurs more support of well-run small liberal arts colleges in the U.S., said Richard Lundquist, who will be joining the Colleges Board of Trustees. 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. Richard and I look forward to visiting campus in October. 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. 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. 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If someone tells you it cannot be done, you tell them to go sit in the corner and watch you do it., We can all agree McPherson College is a special place that embraces the love of humanity, concluded Lundquist. Public dollars alone can no longer sustain our society. 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. A $50 million stretch goal was then established. They were introduced by Paul Russell, chair of the Automotive Restoration National Advisory Board, and since then, have committed well over $1 million to the colleges auto restoration program, the only award-winning four-year bachelors degree program for automotive restoration technology in the country. 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. Eventually, patients will be able to order meals akin to room service in a hotel, request housekeeping services and buy gift shop items. 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.. In awarding honorary degrees, McPherson College aims to recognize and honor individuals who have distinguished themselves for their achievement and efforts that align with the colleges mission of developing whole persons through scholarship, participation, and service. Additionally, it takes smart leaders to move a college ahead, and we appreciate the good work of President Schneider and his team. While Mr. 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. 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. It recently opened USCs Nuzhdin Aquaculture Lab and Holdfast Aquaculture Lab. 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. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. A water feature built with a $1 million Toyota donation greets patients at the front door of the tower, which was built to evoke a feeling of hospitality rather than a clinical atmosphere, Leach said. Both Melanie and Richard were recognized by the Los Angeles Unified Board of Education in 2018 for their efforts to accelerate student achievement in the nations second-largest school district. In addition, Geraldine has played a critical role in helping AltaSea create focal points of collaboration and expand its mission. Richard and Melanie Lundquist, United States. Melanie and her husband Richard are agents of change and two of Californias most significant philanthropists. Continental Development also developed Continental Park, considered the largest mixed-use office park in Los Angeles County. Our philanthropic journey has been our richest experience. You are also agreeing to our Terms of Service and Privacy Policy. They committed $70 million in February 2019, as an unrestricted gift, to the Los Angeles Biomedical Research Institute (LA BioMed), which was renamed The Lundquist Institute. 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. 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. Part of HuffPost News. Richard and Melanie Lundquist said they were impressed with the final product. Lundquist was named Philanthropist of the Year in 2019 by the Los Angeles Business Journal. Due to the pandemic, the hooding ceremony was delayed until this years commencement exercises. As far as we can tell, Mr. Most unusually, the property shares its driveway with another house. 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. Well, now you have. Lundquist got to know the day-to-day workings of the local hospital as a volunteer the 1980s and 90s. The construction was not without its fiscal challenges, starting as the worlds financial markets suffered a catastrophic meltdown. Yes, kiddies, a tractor landlord can afford a $20 million vacant lot in one of the OCs most exclusive enclaves. 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. 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. 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.. We told (the architects) we wanted something unique and special for this community. Its a real climb uphill; the boulders are sitting there ready to tumble down on me, but thats OK. We like a challenge.. 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. Anyway, Mr. & Mrs. We knew going in this (project) was a big (financial) stretch.. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. But as far as Yolanda knows, nobody else on the interwebs has discussed them yet. Gross paid an even-steven $20,000,000 for a spectacular mansion on famed 17 Mile Drive in Pebble Beach (CA). A simple test is helping thousands of diabetics in L.A. County who face an increased risk of going blind, Health officials urge meningitis vaccination amid L.A. Gross, not counting taxes, carrying costs, real estate fees, etc. 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. Dirt is a part of Penske Media Corporation. This is a statement that Melanie and Richard Lundquist can relate to. The sum is the most a single donor has given to a hospital that isnt a research or teaching facility since the Chronicle of Philanthropy began tracking donations over $1 million in 2005. We are proud to be Bulldogs, said Melanie Lundquist. Melanie and Richard Lundquist are agents of change and two of California's most significant philanthropists. Thats $35,800,000 that this mysterious trust threw down in the span of a week all cash. Zero-calorie sweetener linked to heart attack and stroke, study finds, Some California cities cant stop apartment projects as developers use builders remedy, Chicago Mayor Lori Lightfoot concedes defeat, Denver just got a direct flight to this Caribbean island known for music history and vegetarian cooking, NYC Mayor Adams dismisses need to separate church and state, declares himself a servant of God, Zero-calorie sweetener linked to heart attack and stroke, study finds, Do Not Sell/Share My Personal Information. Example: Yes, I would like to receive emails from The Partnership for Los Angeles Schools. The hospital currently operates at 75 percent occupancy. The Lundquists gift completes the campaign early, having raised $53 million in under three years. MMA Capital is externally managed and advised by Hunt Investment Management, LLC, an affiliate of Hunt Companies, Inc. MMA Capital Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Theres an infinity pool and direct golf-green-fronting views. 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. Gross somewhat unexpectedly slammed down $23,000,000 for a double-lot mansion on Harbor Island in Newport Beach (CA). We are unable to fully display the content of this page. We wouldnt be featuring him if he had a Warren Buffett-style real estate situation. Yolanda is also not sure if there was a house on the lot when he acquired it or if it was just vacant land. After a decade of knowing McPherson College, your president, and your provost, we know our $25 million is the right big bet.. When you walk in, we wanted to make sure that, first of all, its beautiful, Leach said. 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. Richard also serves on the El Segundo Economic Development Corporation Board of Governors and the Lundquist Institutes Board of Directors. $25M Surprise Gift Announced During McPherson College Commencement. jscott@vectisstrategies.com 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. She served for 10 years (2007-2017) on Californias Ocean Protection Council from 2007 to 2017, first appointed by Governor Arnold Schwarzenegger and reappointed by Governor Brown. Heres how. 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. As best as we can tell by aerial images, the house underwent a renovation a few years ago. 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. 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 Lundquists met in the 1980s as neighbors in an apartment complex in Redondo Beach, a coastal city in Los Angeles County. 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 towers ground floor is light and airy with an expansive lobby, gift shop and 200-seat cafe and patio with a decor of light pastel colors. This is humbling for Richard and me. 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In McPherson, Kansas, has announced a $ 25 million gift from Melanie and her husband Richard are of! And his team was photographed for Architectural Digest in 2010 under Ms. Anistons ownership largest office. Service and Privacy Policy seen tremendous growth, with a much-smaller firm: Capital! Spectacular mansion on famed 17 Mile Drive in Pebble Beach ( CA ) us at 202-466-1032 or @.