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Health : Medical Research (Grantmaking)

Van Andel Institute

Supporting the Van Andel Research and Education Institutes

two stars

76.95

333 Bostwick Avenue, NE Grand Rapids, MI 49503
tel: (616) 234-5780   Web Site
EIN: 52-2000820

Board Leadership
David Van Andel
Chairman and CEO

CEO
David Van Andel
Chairman, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 76.95 two stars
  Financial 87.27 three stars
  Accountability & Transparency 70.00 two stars
This rating was published 03/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

87.27

Accountability & Transparency

two stars

70.00

This rating was published 03/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
84.2%
  Administrative Expenses 11.8%
  Fundraising Expenses 3.9%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 14.45
  Program Expenses Growth -4.3%
  Liabilities to Assets 1.2%
All data for Financial Performance Metrics calculations was provided by Van Andel Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Van Andel Institute on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Van Andel Institute (MI) 76.95 two stars
Oklahoma Medical Research Foundation (OK) 93.21 four stars
Center for Infectious Disease Research (WA) 86.84 three stars
American Federation for Aging Research (NY) 94.76 four stars
Foundation for the National Institutes of Health (MD) 100.00 four stars

Compare These Charities (Highly Rated)

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.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $128,164,841
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $886,030
   Related Organizations $0
   Government Grants $0
Total Contributions $129,050,871
   Program Service Revenue $0
Total Primary Revenue $129,050,871
   Other Revenue $56,419,464
TOTAL REVENUE $185,470,335
   
EXPENSES  
   Program Expenses $44,712,100
   Administrative Expenses $7,891,769
   Fundraising Expenses $2,066,454
TOTAL FUNCTIONAL EXPENSES $54,670,323
   
Payments to Affiliates $0
Excess (or Deficit) for the year $130,800,012
   
Net Assets $1,392,947,200

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants to the Van Andel Research Institute $37,825,510 84.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-11 03/01/2017 76.95 two stars
2014-11 10/01/2016 78.07 two stars
2014-11 06/01/2016 78.07 two stars
 
CN 2.0
2014-11 02/01/2016 76.88 two stars
2013-11 07/01/2015 72.92 two stars
2012-11 02/01/2014 78.03 two stars
2011-11 03/01/2013 73.05 two stars
2010-11 04/01/2012 81.61 three stars
2009-11 09/20/2011 78.47 two stars
 
CN 1.0
2009-11 02/01/2011 83.62 three stars
2008-11 05/01/2010 87.77 three stars
2007-11 09/01/2009 96.34 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-2000820
Name in IRS Master File VAN ANDEL INSTITUTE
NTEE Code T22
NTEE Classification Private Independent Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above.  509(a)(3)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End November
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • November, 2015
  • November, 2014
  • November, 2013
  • November, 2012
  • November, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- David Van Andel Chief Executive Officer $445,515
Other Salaries of Note
$23,000 0.04% Mark Meijer Trustee --
$20,000 0.03% Ralph Hauenstein Former Trustee --

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Van Andel Institute (MI) 76.95 two stars
Salk Institute for Biological Studies (CA) 90.71 four stars
International AIDS Vaccine Initiative (NY) 86.94 three stars
The Scripps Research Institute (CA) 91.67 four stars
The Jackson Laboratory (ME) 95.23 four stars

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Charity Contact Info

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

Visit Web Site

Board Leadership

David Van Andel
Chairman and CEO

CEO

David Van Andel
Chairman, CEO

[ X ]

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