Why She's Giving Away $50 Million
Melanie Lundquist of Palos Verdes Estates is optimistic that writing a $5-million check every year for 10 years to help low-performing L.A. schools will result in wider reforms nationally.
August 21, 2009, The Los Angeles Times — Imagine all the things you could buy if you had a spare $50 million under the mattress.
A yacht. A jet. A nice little getaway in Hawaii, and why not in New York, Rome and Paris as well?
A Palos Verdes Estates woman named Melanie Lundquist happened to have the extra $50 million, but she bought none of the above.
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