Public Benefit : Fundraising Organizations

Van Andel Institute

Supporting the Van Andel Research and Education Institutes

Rating

Overall Rating    
      (66.34)
Organizational Efficiency      
Program Expenses 88.4%    
Administrative Expenses 8.8%    
Fundraising Expenses 2.7%    
Fundraising Efficiency $0.00    
Efficiency Rating    
      (36.34)
Organizational Capacity      
Primary Revenue Growth 18.9%    
Program Expenses Growth 24.1%    
Working Capital Ratio (years) 27.23    
Capacity Rating    
      (30.00)

Income Statement     (FYE 11/2007)

Revenue  
Primary Revenue $273,579,352
Other Revenue $51,797,496
Total Revenue $325,376,848
   
Expenses  
Program Expenses $24,894,204
Administrative Expenses $2,485,162
Fundraising Expenses $772,902
Total Functional Expenses $28,152,268
   
Payments to Affiliates $0
Excess (or Deficit) for the year $297,224,580
   
Net Assets $933,304,668

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Van Andel Institute
333 Bostwick Avenue, NE
Grand Rapids, MI 49503
tel: (616) 234-5780
fax: (616) 234-5391
EIN: 52-2000820

Contact Email
Visit Web Site

Leadership      (FYE 11/2007)

Name Title Compensation % of Expenses Compensation from Affiliates
David Van Andel President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) Not compensated -- $463,342
Other Salaries of Note
Peter Cook Trustee (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $26,000 0.09% --
Ralph Hauenstein Trustee (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $25,000 0.08% --
John Kennedy Trustee (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $25,000 0.08% --

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Founded by Jay and Betty Van Andel, Van Andel Institute's (VAI) goal is to have an impact world-wide on medical science and education. The Institute supports Van Andel Research Institute (VARI) and Van Andel Education Institute (VAEI) in achieving this goal. VARI conducts biomedical research, with a focus on cancer and Parkinson disease and with an emphasis on translating scientific research results into clinical applications. VAEI strengthens science education and prepares and motivates individuals to pursue science or science-related professions. Located in downtown Grand Rapids, Michigan, the Institute has led the expansion of the life science industry in this region.

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