Charles Butt H-E-B United States Charles Butt is the chairman and CEO of H-E-B, a grocery chain in Texas and northeastern Mexico founded by his grandmother. Yolanda is also not sure if there was a house on the lot when he acquired it or if it was just vacant 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. Melanie and her husband Richard are agents of change and two of Californias most significant philanthropists. 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. Richard and I talked about it. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. As best as we can tell by aerial images, the house underwent a renovation a few years ago. 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. 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. Well, now you have. Here we are six years later and we are now at $130 million in giving for this building.. Richard holds an undergraduate Bachelor of Science from the University of Southern California. 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. Wanting to put their friend at ease around fundraisers, the Lundquists joined him for a tour of the hospital. We are unable to fully display the content of this page. Commencement Speaker Dr. Melanie Lundquist encourages students to persevere and embrace the nuances in life as she announces largest gift in colleges history. In addition, Geraldine has played a critical role in helping AltaSea create focal points of collaboration and expand its mission. In short, hes a very big deal. No big parties, just more big philanthropy, says Melanie Lundquist. Get the latest scoop directly in your inbox. 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. You may then be asked to log in, create an account if you don't already have one, Richard and I look forward to visiting campus in October. elegant beauty supply net worth richmond; carlos majin dba star steel cleaning website; However, the two-story structure next door appears to be under construction/renovation. They are co-founders of the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools. Its going to be a tremendous community asset, said President and CEO Craig Leach. https://www.youtube.com/watch?v=8C5NLfYdZaE, Get our latest stories in the feed of your favorite networks. She was the first woman to serve in this role and made a significant impact through the creation and implementation of the San Pedro Bay Ports Clean Air Action Plan, an aggressive plan that reduced air emissions by combined port operations of over 70% within five years. 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. 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. 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. (Thomas R. Cordova / Staff Photographer). Knatz, an elected member of the National Academy of Engineering, took over as chair of the board in January 2022. And they have more big giving plans to come. Additionally, it takes smart leaders to move a college ahead, and we appreciate the good work of President Schneider and his team. 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. They have appeared four times on The Philanthropy 50, the annual list of Americas 50 most generous philanthropists. All Rights Reserved. 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. Richard earned his Bachelor of Science Degree from the University of Southern California. Were truly lucky to have Richard and Melanie as members of the McPherson College family and this conferral recognizes that, said Schneider. 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. Pride festival. Richard and Melanie Lundquist are Southern California real estate investors and are one of the most philanthropic donors in the United States. The couple had previously donated $18 million for other hospital upgrades, including the Lundquist Cardiovascular Institute, they said. Thats $35,800,000 that this mysterious trust threw down in the span of a week all cash. 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." 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. 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. 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. We are proud to be Bulldogs, said Melanie Lundquist. 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. Melanie and Richard Lundquist, LHD, shocked the McPherson College community during its 134th Commencement Ceremony, announcing the couples $25 million gift to the college for the Building Community Campaign the largest gift in the colleges 135-year history. As far as we can tell, Mr. AltaSeas 35-acre campus devoted to marine and maritime research, education and business entrepreneurialism has an important role to play as Los Angeles helps lead the way in promoting the blue economy, said Knatz, who as the first Executive Director of the Port of Los Angeles from January 2006 through January 2014, helped create and implement the San Pedro Bay Ports Clean Air Action Plan. The Lundquists have been involved with the hospital for several years, both as patients and donors. The couple thought a friend who had just sold his business would be a good fit and connected hospital leaders with the man. 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The Lundquists bring joy and possibility to our lifes work at McPherson College and the work of so many others. While they have created significant and positive impact through their philanthropy, especially in California, their reach touches us in Kansas and in so many other parts of our country. All Rights Reserved. She was raised in Thousand Oaks and graduated from UC Berkeley with degrees in biology and English literature. "Melanie and I have invested both our time and financial resources at the institute," Richard Lundquist. Prior to that, she was managing director of the Port of Long Beach. 412-445-7719, Internet Explorer presents a security risk. A little web research reveals he is CEO of the Quinn Group, a massive Fresno, CA-based lessor of Caterpillar tractors and related equipment. Back to Orange County. Once javascript and access to those URLs are allowed, please refresh this page. The grand opening will be held on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. 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. 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. An Update for Readers on Our New Nonprofit Status, Physicist From Humble Origins Showers Cash on Education. In June 2018, the Chronicle of Philanthropy featured the Lundquists in a profile story titled A Lifetime Commitment: LA couple, who have signed the Giving Pledge, donate to groups that need them the most. They have appeared four times on The Philanthropy 50, the annual list of Americas 50 most generous philanthropists, published by the Chronicle of Philanthropy. On June 3, 2014, the large, multi-winged house directly across the street from Mr. Grosss house unexpectedly sold for a very serious $19,800,000. She said, Melanie, I know it when I see it, and hes not our donor. I was really disappointed, says Lundquist. They have carved out a path less traveled helping to improve outcomes for people, especially those living at the margins. 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 also would rather support nonprofits that need them rather than those that most wealthy people usually back. These deals were kept hush-hush. Both houses were acquired by the very same buyer a mysterious entity calling itself the White Tiger Trust. 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. Dr. Melanie Lundquist, LHD, Known as One of Californias Most Active Philanthropists, Plans to Help AltaSea Expand Its Reach to Inspire the Next Generation. 1, the pier that is home to AltaSea in her latest book about the Port of Los Angeles. Top-notch care should not depend on your ZIP Code.. Yolanda, of course, opened her own investigation and it only took a couple minutes of research before we discovered (and as you probably already guessed) that this White Tiger Trust is very easily connected to the man himself William H. Gross, aka Bill Gross. For decades, he very successfully led and grew the company as Chief Investment Officer. 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. Richard served for over ten years as Chairman of the Foundations Board of Directors. 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. 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. They had very good reasons not to believe in us.. The $32-million gift will go toward the creation of an orthopedic and spine institute as well as a neuroscience institute. Gross acquired the golf-green-fronting lot located within the guard-gated Vintage Club neighborhood in 1995 for $2,500,000 and tax records show the current, contemporary mansion was completed in 2002 and has 11,316 square feet with 4 bedrooms and 6.5 baths. She is past president of the American Association of Port Authorities and past president of the International Association of Ports and Harbors. I call them heroes, Leach said of the Lundquists. 1. The Lundquists dont have children. 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. Maybe well get together with the kids or something, adds her husband. The Lundquists gift completes the campaign early, having raised $53 million in under three years. It is an exciting time at AltaSea, and I know our new board leadership will continue to foster the innovation and collaboration AltaSea has become known for, said Tamminen. William H. Bill Gross, for those who dont know, is a very famous American financier who co-founded asset management giant PIMCO way back in 1971. 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. Southern California philanthropists and real-estate investors Richard and Melanie Lundquist like to give big to causes and nonprofits that need them the most. Send us a tip using our anonymous form. Knatz was the first donor to AltaSeas Doors to the Future Campaign, purchasing Door No. 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 . He. 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! You are also agreeing to our Terms of Service and Privacy Policy. For their hospital stays, donors have first dibs on five patron rooms that are larger than regular rooms. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. On one hand, it enabled Torrance Memorial to save about $30 million on construction costs, Leach said. 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. Forbes ' real-time rankings of the world's billionaires pegs Aneel Bhusri's net worth at $1.8 billion. Improve Los Angeless most underserved public schools. Back in 2002, Mr. & Mrs. Now get this, kiddies. 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. 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. Knatz has also chronicled the fascinating history of the City Dock No. This is a statement that Melanie and Richard Lundquist can relate to. Richard also serves on the El Segundo Economic Development Corporation Board of Governors and the Lundquist Institutes Board of Directors. . The Lundquists relationship with McPherson College started in 2014. The grand opening will be on Sept. 19-20, and will include tours, ribbon cutting and other ceremonies. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her charity work. Dr. Melanie Lundquist, LHD, is an activist philanthropist whose voice is as fearless as her philanthropic work. 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The couple, who just signed the Giving Pledge last month, say their future philanthropic plans include giving much of their wealth away during their lifetimes (they declined to reveal their net worth), and they plan to continue to give big to the two causes they care about most. Patient rooms, waiting rooms and pre- and post-operation areas are built out to exterior walls to take advantage of the light and views. The Lundquists relationship with McPherson College began in 2012, when Melanie donated tool sets to the schools Automotive Restoration program in honor of Richards birthday. They have also helped . At McPherson College, you learned how to think outside the building, not just the box keep at it, said Lundquist. Melanie F Lundquist: 2041 Rosecrans Ave Ste 200, El Segundo, CA 90245-4792: 202112: . network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. That commitment to others is what inspires us as well. The impact of the Lundquists gift and friendship is truly immeasurable.. Soumya Karlamangla previously covered healthcare in California for the Los Angeles Times. 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. How about yall? The Lundquists $50 Million gift to the Partnership is the largest private donation ever made to Los Angeles schools. 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. 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. They are indeed special. 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 That's a net gain of about 50 after about 200 are closed in the older . No pun intended. Continental Development also developed Continental Park, considered the largest mixed-use office park in Los Angeles County. While Mr. 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. 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. That came on the heels of declining patient volumes since the outset of the recession and a significant decline in cash flow earlier in 2013, Moodys said. Excited about helping connect the hospital to a potential big donor, Melanie Lundquist later asked the head of development about the friend. Gross somewhat unexpectedly slammed down $23,000,000 for a double-lot mansion on Harbor Island in Newport Beach (CA). They also support innovative solutions to climate change through AltaSea at the Port of Los Angeles and the Marine Mammal Center in Sausalito, California. 2022 McPherson College. US News & World Report ranks McPherson College as one of the top colleges for social mobility, enrolling and graduating large proportions of disadvantaged students and as one of the regions most innovative colleges for innovative improvements in terms of curriculum, faculty, students, campus life and technology or facilities. 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