October 18, 2007

$50-Million to Benefit Calif. Schools; Other Gifts

Eight institutions have received big gifts:

  • The Partnership for Los Angeles Schools has received a pledge of $50-million from Richard Lundquist, owner and president of Continental Development Corporation, a commercial real-estate development and management company in El Segundo, Calif., and his wife, Melanie. The charity was founded by the mayor of Los Angeles, Antonio R. Villaraigosa, to support and manage public schools. The Lundquists will donate $5-million each year for 10

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