VAN ANDEL INSTITUTE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- VAN ANDEL INSTITUTE (EIN 52-2000820)
- Tax period
- 2021-12-01 to 2022-11-30
- Filed
- 2023-11-07
- IRS object ID
- 202323119349304802
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-07T19:21:54-06:00 | ReturnTs |
| Tax Period End | 2022-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH SIXTH STREET | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522000820 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAN ANDEL INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VANA | BusinessNameControlTxt |
| Phone | 6162345000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 BOSTWICK AVENUE NE | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY J MYERS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6162345368 | PhoneNum |
| Signature | 2023-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TIMOTHY | PersonFirstNm |
| Person Last | MYERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNE FULTON | PreparerPersonNm |
| PTIN | P00941863 | PTIN |
| Phone | 6123974000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TIMOTHY J MYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 BOSTWICK AVENUE NE | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,048,494,733 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VAI.ORG | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | SUPPORTING ORGANIZATION TO THE VAN ANDEL RESEARCH INSTITUTE AND VAN ANDEL EDUCATION INSTITUTE.TYPE III- FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE VAN ANDEL RESEARCH INSTITUTE AND THE VAN ANDEL EDUCATION INSTITUTE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $556,657 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $126,211,620 | PYContributionsGrantsAmt |
| CY Contributions Grants | $86,194,807 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $171,550,990 | PYInvestmentIncomeAmt |
| CY Investment Income | $89,999,337 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$400,765 | PYOtherRevenueAmt |
| CY Other Revenue | -$565,206 | CYOtherRevenueAmt |
| PY Total Revenue | $297,361,845 | PYTotalRevenueAmt |
| CY Total Revenue | $175,628,938 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $55,836,346 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $97,119,729 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $57,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $70,500 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,450,678 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,415,641 | PYOtherExpensesAmt |
| CY Other Expenses | $15,779,185 | CYOtherExpensesAmt |
| PY Total Expenses | $70,308,987 | PYTotalExpensesAmt |
| CY Total Expenses | $112,969,414 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $227,052,858 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $62,659,524 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,123,026,794 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,082,989,471 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,318,765 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,088,250 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,116,708,029 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,077,901,221 | NetAssetsOrFundBalancesEOYAmt |
| Mission | VAN ANDEL INSTITUTE (VAI) IS ORGANIZED AND OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF BOTH THE VAN ANDEL RESEARCH INSTITUTE (VARI) AND VAN ANDEL EDUCATION INSTITUTE (VAEI). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,601,136 | ExpenseAmt |
| Grant | $4,601,136 | GrantAmt |
| Desc | TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE VAN ANDEL EDUCATION INSTITUTE (VAEI), WHICH INCLUDES THE VAN ANDEL INSTITUTE GRADUATE SCHOOL (VAIGS) AND SCIENCE ACADEMY. VAIGS PREPARES BIOMEDICAL RESEARCH SCHOLARS THROUGH A GRADUATE PROGRAM IN CELL AND MOLECULAR GENETICS. THE SCIENCE ACADEMY PROGRAMS CREATE A UNIQUE SETTING FOR STUDENTS, K-12, ENCOURAGING AND ENABLING THEM TO EXPLORE, QUESTION, AND INVESTIGATE AS SCIENTISTS DO. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $92,518,593 | ExpenseAmt |
| Grant | $92,518,593 | GrantAmt |
| Desc | TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE VAN ANDEL RESEARCH INSTITUTE (VARI), A MEDICAL RESEARCH ORGANIZATION. VARI CONDUCTS BIOMEDICAL RESEARCH, FOCUSING ON CANCER, EPIGENETICS AND PARKINSON'S DISEASE WITH AN EMPHASIS ON TRANSLATING SCIENTIFIC RESEARCH RESULTS INTO CLINICAL APPLICATIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $97,119,729 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 39 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY J MYERS CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6162345368 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 BOSTWICK AVENUE NE | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495032518 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DAVID VAN ANDEL | ||||||||
| CHAIRMAN / CEO | 10.00 | 30.00 | Yes (X) | Yes (X) | $0 | $460,906 | $165,565 | |
| JOHN KENNEDY | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK MEIJER | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOAN BUDDEN END 12132021 | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY MYERS | ||||||||
| CHIEF FINANCIAL OFFICER | 1.00 | 44.00 | Yes (X) | $0 | $353,328 | $104,995 | ||
| DR JANA HALL | ||||||||
| CHIEF OPERATIONS OFFICER | 1.00 | 44.00 | Yes (X) | $0 | $471,244 | $157,678 | ||
| THOMAS CURRAN JR | ||||||||
| GENERAL COUNSEL | 1.00 | 44.00 | $0 | $407,171 | $114,355 | Yes (X) | ||
| GERALD CALLAHAN | ||||||||
| CHIEF STRATEGIC OFFICER | 1.00 | 44.00 | $0 | $404,819 | $128,718 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,097,468 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $671,311 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MACQUARIE | |||||
| 125 WEST 55TH STREET 15TH FLOOR | NEW YORK | NY | 10019 | INVESTMENT MANAGEMENT | $1,499,397 |
| THE NORTHERN TRUST COMPANY | |||||
| 50 S LASALLE STREET | CHICAGO | IL | 60675 | INVESTMENT MANAGEMENT | $960,595 |
| LORD ABBETT | |||||
| 90 HUDSON STREET | JERSEY CITY | NJ | 07302 | INVESTMENT MANAGEMENT | $448,725 |
| DONALD SMITH | |||||
| 152 WEST 57TH ST 22ND FL | NEW YORK | NY | 10019 | INVESTMENT MANAGEMENT | $420,239 |
| PORT CAP PART STRATE | |||||
| 180 N STETSON AVE STE 5700 | CHICAGO | IL | 60601 | INVESTMENT MANAGEMENT | $308,870 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 32 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,277,024 | FundraisingAmt |
| All Other Contributions | $84,917,783 | AllOtherContributionsAmt |
| Noncash Contributions | $266,488 | NoncashContributionsAmt |
| Total Contributions | $86,194,807 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,015,117 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $283,209 | UnrelatedBusinessRevenueAmt |
| Exclusion | $24,731,908 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,824 | TotalRevenueColumnAmt |
| Exclusion | $1,824 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $245,865 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $107,511 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $138,354 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $138,354 | TotalRevenueColumnAmt |
| Exclusion | $138,354 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,936,706,745 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,871,722,525 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,984,220 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,984,220 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $273,448 | UnrelatedBusinessRevenueAmt |
| Exclusion | $64,710,772 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $292,970 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,277,024 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,023,106 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$730,136 | TotalRevenueColumnAmt |
| Exclusion | -$730,136 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $35,253 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $12,653 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,600 | TotalRevenueColumnAmt |
| Exclusion | $22,600 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,152 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,152 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,152 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $175,628,938 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,152 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $556,657 | UnrelatedBusinessRevenueAmt |
| Exclusion | $88,875,322 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,119,729 | TotalAmt |
| Program Services | $97,119,729 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,500 | TotalAmt |
| Management And General | $70,500 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,623 | TotalAmt |
| Management And General | $18,623 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,880 | TotalAmt |
| Management And General | $144,880 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,126,231 | TotalAmt |
| Management And General | $7,126,231 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,960 | TotalAmt |
| Management And General | $89,960 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,656 | TotalAmt |
| Management And General | $87,656 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,113 | TotalAmt |
| Management And General | $158,113 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| ALLOCATED EXPENSES | $6,327,143 | $4,876,465 | $1,450,678 |
| UBI-FED/STATE TAX | $1,731,293 | $1,731,293 | |
| PROPERTY TAX | $81,012 | $81,012 | |
| BANK FEES | $30,248 | $30,248 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$15,974 | TotalAmt |
| Management And General | -$15,974 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,969,414 | TotalAmt |
| Program Services | $97,119,729 | ProgramServicesAmt |
| Management And General | $14,399,007 | ManagementAndGeneralAmt |
| Fundraising | $1,450,678 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $366,117,246 | BOYAmt |
| EOY | $439,086,940 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,100 | BOYAmt |
| EOY | $53,145 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,406,660 | BOYAmt |
| EOY | $7,615,482 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $14,088,335 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,426,796 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,759,823 | BOYAmt |
| EOY | $10,661,539 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $790,750,651 | BOYAmt |
| EOY | $633,808,321 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $883,183,314 | BOYAmt |
| EOY | $990,981,164 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $773,000 | BOYAmt |
| EOY | $782,880 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,123,026,794 | BOYAmt |
| EOY | $2,082,989,471 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,301,105 | BOYAmt |
| EOY | $5,077,350 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,660 | BOYAmt |
| EOY | $10,900 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,318,765 | BOYAmt |
| EOY | $5,088,250 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,318,615,326 | BOYAmt |
| EOY | $1,309,979,793 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $798,092,703 | BOYAmt |
| EOY | $767,921,428 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,116,708,029 | BOYAmt |
| EOY | $2,077,901,221 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,123,026,794 | BOYAmt |
| EOY | $2,082,989,471 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $62,659,524 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$101,521,832 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $55,500 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Func Int | Yes (X) | SupportingOrgType3FuncIntInd |
| Supported Organizations | 2 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (2 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| VAN ANDEL RESEARCH INSTITUTE | ||||
| 522000823 | 4 | Yes (1) | $92,518,593 | $0 |
| VAN ANDEL EDUCATION INSTITUTE | ||||
| 522000824 | 2 | Yes (1) | $4,601,136 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 2 | SupportedOrganizationsTotalCnt |
| Support Sum | $97,119,729 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (1) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (1) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | Yes (1) | SupportedOrgVoiceInvestmentInd |
Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Parent Supported Org | Yes (X) | ParentSupportedOrgInd |
| Appoint Elect Majority Officer | Yes (1) | AppointElectMajorityOfficerInd |
| Exercise Direction Policies | Yes (1) | ExerciseDirectionPoliciesInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION A, LINE 1 | SINCE INCEPTION, VAN ANDEL INSTITUTE HAS SUPPORTED TWO ORGANIZATIONS: VAN ANDEL RESEARCH INSTITUTE AND VAN ANDEL EDUCATION INSTITUTE. |
| PART IV, SECTION D, LINE 3 | VARI AND VAEI HAVE A SIGNIFICANT VOICE IN VAI'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF VAI'S INCOME OR ASSETS. VAI'S TRUSTEES HAVE RESPONSIBILITY FOR THE INVESTMENT OF VAI'S ENDOWMENT AND, IN CONJUNCTION WITH THE TRUSTEES OF VARI AND VAEI, DETERMINE HOW TO ALLOCATE VAI GRANTS BETWEEN THE TWO SUPPORTED ORGANIZATIONS, TAKING INTO ACCOUNT THEIR NEEDS AND SOURCES OF OTHER SUPPORT. JOINT MEETINGS OF THE TRUSTEES OF VAI, VARI, AND VAEI ARE HELD TWICE ANNUALLY TO DISCUSS TOPICS SUCH AS INVESTMENT PERFORMANCE AND GRANTMAKING. |
| PART IV, SECTION E, LINE 3A | PER THE VAI TRUST AGREEMENT, VAI HAS THE AUTHORITY TO SELECT, APPOINT, AND REMOVE TRUSTEES OF THE VAN ANDEL RESEARCH INSTITUTE AND THE VAN ANDEL EDUCATION INSTITUTE IN ACCORDANCE WITH THE PROVISIONS OF THEIR RESPECTIVE TRUST AGREEMENTS." |
| PART IV, SECTION E, LINE 3B | VAI HAS OVERLAPPING OFFICERS AND SHARES OPERATIONAL STAFF, PHYSICAL SPACE, AND MANY POLICIES WITH VARI AND VAEI. IN ADDITION, VAI IS INVOLVED IN THE BUDGETING PROCESS AND STRATEGIC PLANNING FOR VARI AND VAEI. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $112,969,414 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $112,969,414 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,055,889,878 | BeginningYearBalanceAmt |
| Contributions | $84,850,238 | ContributionsAmt |
| Investment Earnings Or Losses | -$20,372,120 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $22,811,593 | OtherExpendituresAmt |
| Administrative Expenses | $32,126,203 | AdministrativeExpensesAmt |
| End Year Balance | $2,065,430,200 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,687,081,775 | BeginningYearBalanceAmt |
| Contributions | $124,910,068 | ContributionsAmt |
| Investment Earnings Or Losses | $257,468,200 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,178,262 | OtherExpendituresAmt |
| Administrative Expenses | $11,391,903 | AdministrativeExpensesAmt |
| End Year Balance | $2,055,889,878 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,624,624,311 | BeginningYearBalanceAmt |
| Contributions | $28,400,000 | ContributionsAmt |
| Investment Earnings Or Losses | $125,533,159 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $77,301,719 | OtherExpendituresAmt |
| Administrative Expenses | $14,173,976 | AdministrativeExpensesAmt |
| End Year Balance | $1,687,081,775 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,583,985,298 | BeginningYearBalanceAmt |
| Contributions | $21,500,000 | ContributionsAmt |
| Investment Earnings Or Losses | $130,306,075 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $96,016,849 | OtherExpendituresAmt |
| Administrative Expenses | $15,150,213 | AdministrativeExpensesAmt |
| End Year Balance | $1,624,624,311 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,588,516,683 | BeginningYearBalanceAmt |
| Contributions | $11,400,000 | ContributionsAmt |
| Investment Earnings Or Losses | $30,638,937 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $31,917,537 | OtherExpendituresAmt |
| Administrative Expenses | $14,652,785 | AdministrativeExpensesAmt |
| End Year Balance | $1,583,985,298 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.62850 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.36770 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00380 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,587,152 | OtherCostOrOtherBasisAmt |
| Book Value | $5,587,152 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,680,607 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,642,982 | DepreciationAmt |
| Book Value | $5,037,625 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $135,727 | OtherCostOrOtherBasisAmt |
| Depreciation | $106,720 | DepreciationAmt |
| Book Value | $29,007 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,719 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,719 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $653,130 | OtherCostOrOtherBasisAmt |
| Depreciation | $645,375 | DepreciationAmt |
| Book Value | $7,755 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,661,539 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $990,981,164 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $990,981,164 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $68,459,103 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$101,521,833 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $347,612 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $1,130,617 | OtherRevenueAmt |
| Revenue Not Reported | -$100,043,604 | RevenueNotReportedAmt |
| Revenue Subtotal | $168,502,707 | RevenueSubtotalAmt |
| Other Revenues Not Included | $7,126,231 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $7,126,231 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $175,628,938 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $107,265,912 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $292,112 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,130,617 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,422,729 | ExpensesNotReportedAmt |
| Expenses Subtotal | $105,843,183 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $7,126,231 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,126,231 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $112,969,414 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THERE ARE NO UNCERTAIN TAX POSITIONS RELATED TO VAI. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT SUPPORT REPORTED ON PAGE 9 1,023,106. RENTAL EXPENSE REPORTED ON SCHEDULE OF REVENUE 107,511. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT MANAGEMENT FEES PRESENTED SEPARATE FROM REALIZED GAINS 7,126,231. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT SUPPORT REPORTED ON PAGE 9 1,023,106. RENTAL EXPENSE REPORTED ON SCHEDULE OF REVENUE 107,511. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT MANAGEMENT FEES PRESENTED SEPARATE FROM REALIZED GAINS 7,126,231. |
| SCHEDULE D - PART V ADDITIONAL DETAIL: | VAI'S ENDOWMENT MANDATE IS TO SUPPORT THE CORE RESEARCH AND SCIENCE EDUCATION MISSIONS OF VAN ANDEL RESEARCH INSTITUTE (VARI) AND VAN ANDEL EDUCATION INSITUTE (VAEI) BY SUPPLYING A RELIABLE SOURCE OF FUNDING FOR EACH OF THEIR RESPECTIVE OPERATING EXPENDITURES. |
| SCHEDULE D - PART V ADDITIONAL DETAIL: | OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS 87,281,921 SWAP COLLATERAL BORROWINGS TO VARI - -64,470,328 NET TO LINE 1E = 22,811,593 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | PASSIVE INVESTMENTS- BOOK VALUE | $400,165,756 |
| EUROPE | PASSIVE INVESTMENTS- BOOK VALUE | $84,205,392 |
| ASIA | PASSIVE INVESTMENTS- BOOK VALUE | $4,891,659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $489,262,807 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $489,262,807 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| SCHEDULE F, PART I, LINE 3, COLUMN (F) | ACCRUAL METHOD IS USED TO ACCOUNT FOR THE BOOK VALUE OF INVESTMENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | DINNER, LIVE ENTERTAINMENT | Event1Nm |
| Gross Receipts Event1 | $662,542 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $575,542 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $87,000 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $80,444 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $59,261 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $146,216 | OtherDirectExpensesEvent1Amt |
| Event2 | FASHION SHOW | Event2Nm |
| Gross Receipts Event2 | $382,500 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $301,500 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $81,000 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $0 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $62,794 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $3,300 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $262,844 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 6 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $524,952 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $399,982 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $124,970 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $60,200 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $114,718 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $15,399 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $217,930 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,569,994 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,277,024 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $292,970 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $60,200 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $257,956 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $77,960 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $626,990 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,023,106 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$730,136 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $35,253 | GrossRevenueOtherGamingAmt |
| Non Cash Prizes Other Gaming | $12,653 | NonCashPrizesOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $35,253 | GrossRevenueTotalGamingAmt |
| Non Cash Prizes Total Gaming | $12,653 | NonCashPrizesTotalGamingAmt |
| Direct Expense Summary Gaming | $12,653 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $22,600 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | MI | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (1) | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 0.58000 | GamingOwnFacilityPct |
| Gaming Other Facility | 0.42000 | GamingOtherFacilityPct |
| Individual With Books | TIMOTHY MYERS | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 BOSTWICK AVE NE | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | DR JANA HALL | GamingManagerPersonNm |
| Gaming Manager Services Prov | DR. JANA HALL IS THE CHIEF OPERATIONS OFFICER. GAMING IS A SMALL PORTION OF OUR SPECIAL EVENTS, WHICH SHE SUPERVISES. | GamingManagerServicesProvTxt |
| Gaming Manager Is Director Ofcr | Yes (X) | GamingManagerIsDirectorOfcrInd |
| Charitable Distribution Rqr | 0 | CharitableDistributionRqrInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| VAN ANDEL EDUCATION INSTITUTE | ||||||||
| 333 BOSTWICK AVENUE NE | GRAND RAPIDS | MI | 495032518 | 522000824 | 501(C)(3) | $4,601,135 | $0 | SUPPORT FOR VAEI OPERATING EXPENSES. |
| VAN ANDEL RESEARCH INSTITUTE | ||||||||
| 333 BOSTWICK AVENUE NE | GRAND RAPIDS | MI | 495032518 | 522000823 | 501(C)(3) | $92,518,593 | $0 | SUPPORT FOR VARI OPERATING EXPENSES. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE TRUSTEES INVEST AND REINVEST THE TRUST ESTATE AND DISTRIBUTE TO ONE OR BOTH OF THE SUPPORTED ORGANIZATIONS SUCH CASH AND/OR PROPERTY AS THE VAI TRUSTEES, IN THEIR DISCRETION, DETERMINE IS IN THE BEST INTERESTS OF THE SUPPORTED ORGANIZATIONS. THEY TAKE INTO ACCOUNT THE NEEDS AND OTHER RESOURCES OF EACH OF THEM; THEIR CURRENT ACTIVITIES; THEIR PLANS FOR EXPANDED ACTIVITIES; AND ANY OTHER RELEVANT INFORMATION, ALL IN CONSULTATION WITH THE TRUSTEES OF EACH OF THE SUPPORTED ORGANIZATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR JANA HALL | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $0 | $407,673 | $0 | $51,335 | $0 | $12,236 | $0 | $148,602 | $0 | $9,077 | $0 | $628,923 | $0 | $25,335 |
| DAVID VAN ANDEL | ||||||||||||||
| CHAIRMAN / CEO | $0 | $418,654 | $0 | $21,250 | $0 | $21,002 | $0 | $165,063 | $0 | $502 | $0 | $626,471 | $0 | $21,250 |
| GERALD CALLAHAN | ||||||||||||||
| CHIEF STRATEGIC OFFICER | $0 | $324,943 | $0 | $58,493 | $0 | $21,383 | $0 | $119,641 | $0 | $9,077 | $0 | $533,537 | $0 | $32,493 |
| THOMAS CURRAN JR | ||||||||||||||
| GENERAL COUNSEL | $0 | $355,088 | $0 | $46,700 | $0 | $5,383 | $0 | $105,278 | $0 | $9,077 | $0 | $521,526 | $0 | $32,400 |
| TIMOTHY MYERS | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $0 | $307,236 | $0 | $44,463 | $0 | $1,629 | $0 | $95,918 | $0 | $9,077 | $0 | $458,323 | $0 | $28,350 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $30,158 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $250 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,581 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | GIFT PACKAGE | 93 | $149,941 | COST |
| Yes (X) | GOODS | 26 | $55,106 | COST |
| Yes (X) | JEWELRY | 8 | $12,418 | COST |
| Yes (X) | TICKETS | 12 | $4,034 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | VAI IS REPORTING THE NUMBER OF EVENT CONTRIBUTIONS RECEIVED DURING THE TAX YEAR. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | VAI, VARI, VAEI, AND VAIGS SHARE COMMON MANAGEMENT. DAVID VAN ANDEL, DR. JANA HALL, AND TIMOTHY MYERS ARE ALSO OFFICERS OF VARI, AND DAVID VAN ANDEL AND TIMOTHY MYERS ARE OFFICERS OF VAEI AND VAIGS. THOMAS CURRAN JR. AND GERALD CALLAHAN ARE ALSO KEY EMPLOYEES OR OFFICERS FOR VARI AND VAEI. |
| FORM 990, PART VI, SECTION A, LINE 2 | BUSINESS RELATIONSHIP: DAVID VAN ANDEL, GERALD CALLAHAN |
| FORM 990, PART VI, SECTION B, LINE 11B | FOLLOWING COMPLETION OF THE FINANCIAL AUDIT, THE FORM 990 IS PREPARED AND REVIEWED BY MANAGEMENT. IT IS THEN CIRCULATED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | VAI HAS WRITTEN CONFLICT OF INTEREST ("COI") POLICIES AND PROCEDURES WHICH ADMINISTER AND ENFORCE A PROCESS TO IDENTIFY, EVALUATE, AND MANAGE POTENTIAL CONFLICTS OF INTEREST. THESE POLICIES HAVE BEEN APPROVED BY THE BOARD OF TRUSTEES. VAI ADMINISTERS COI POLICIES AND PROCEDURES THROUGH TWO STANDING COMMITTEES: THE CONFLICTS COMMITTEE ("CC") AND THE INSTITUTIONAL COI COMMITTEE ("ICOIC"). COI POLICIES AND PROCEDURES APPLY TO AND SERVE AS A GUIDE FOR EVERYONE IN THE ORGANIZATION. IN PARTICULAR, THEY PROVIDE A USEFUL RESOURCE FOR DEVELOPING ACTIVITIES OR RELATIONSHIPS WITH OUTSIDE ENTITIES OR PERSONS, AND ESTABLISH A PROCESS FOR COMMITTEES TO REVIEW AND MANAGE POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE. THE CC AND ICOIC ARE CHAIRED BY THE GENERAL COUNSEL. THE CC REQUIRES ANNUAL AND UPDATED DISCLOSURES BY COVERED PERSONS AND REVIEWS AND APPROVES MANAGEMENT PLANS. ICOIC POLICIES AND PROCEDURES SERVE AS A GUIDE FOR BOARDS OF TRUSTEES AND SENIOR EXECUTIVES. IN THE EVENT A POTENTIAL COI ARISES AT THE BOARD OR SENIOR EXECUTIVE LEVEL, THE ICOIC MEETS TO REVIEW AND DETERMINE HOW TO MANAGE SUCH A POTENTIAL CONFLICT OF INTEREST IN ACCORDANCE WITH THE COI POLICIES AND PROCEDURES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE JOINT COMPENSATION COMMITTEE OF VAI'S AND RELATED ORGANIZATIONS' BOARDS FOLLOWS A PROCESS FOR DETERMINING THE COMPENSATION FOR THE CEO, OTHER OFFICERS, AND KEY EMPLOYEES OF VAN ANDEL RESEARCH INSTITUTE AND VAN ANDEL EDUCATION INSTITUTE (VAN ANDEL INSTITUTE HAS NO EMPLOYEES). THIS PROCESS INCLUDES REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE, WITH DECISIONS CONTEMPORANEOUSLY DOCUMENTED, FOLLOWING REFERENCE TO ANALYSIS OF AN INDEPENDENT COMPENSATION CONSULTANT AND TO COMPENSATION SURVEYS AND COMPARABILITY DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST. |
| FORM 990, PAGE 7, PART VII | DAVID VAN ANDEL IS NOT COMPENSATED FOR HIS SERVICES TO VAN ANDEL INSTITUTE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| VAN ANDEL RESEARCH INSTITUTE | ||||||||||
| 333 BOSTWICK AVENUE NE | GRAND RAPIDS | MI | 495032518 | 522000823 | MEDICAL RESEARCH ORGANIZATION | MI | 501(C)(3) | 4 | VAN ANDEL INSTITUTE | Yes (1) |
| VAN ANDEL EDUCATION INSTITUTE | ||||||||||
| 333 BOSTWICK AVENUE NE | GRAND RAPIDS | MI | 495032518 | 522000824 | OPERATING A SCIENCE ACADEMY SCHOOL | MI | 501(C)(3) | 2 | VAN ANDEL INSTITUTE | Yes (1) |
| VAN ANDEL INSTITUTE GRADUATE SCHOOL | ||||||||||
| 333 BOSTWICK AVENUE NE | GRAND RAPIDS | MI | 495032518 | 203340886 | OPERATING A GRADUATE SCHOOL | MI | 501(C)(3) | 2 | VAN ANDEL EDUCATION INSTITUTE | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (11 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| VAN ANDEL RESEARCH INSTITUTE | ||
| B | $92,518,593 | ACTUAL AMOUNT PAID |
| VAN ANDEL EDUCATION INSTITUTE | ||
| B | $4,601,135 | ACTUAL AMOUNT PAID |
| VAN ANDEL RESEARCH INSTITUTE | ||
| D | $5,000,000 | ACTUAL AMOUNT OUTSTANDING |
| VAN ANDEL RESEARCH INSTITUTE | ||
| N | $289,174 | ALLOCATION BASED ON SQ. FOOTAGE |
| VAN ANDEL RESEARCH INSTITUTE | ||
| Q | $1,851,910 | ACTUAL AMOUNT RECEIVED |
| VAN ANDEL RESEARCH INSTITUTE | ||
| N | $210,480 | ALLOCATION BASED ON EFFORT |
| VAN ANDEL RESEARCH INSTITUTE | ||
| O | $1,350,679 | ALLOCATION BASED ON EFFORT |
| VAN ANDEL EDUCATION INSTITUTE | ||
| P | $52,394 | ACTUAL AMOUNT PAID |
| VAN ANDEL RESEARCH INSTITUTE | ||
| P | $8,264,878 | ACTUAL AMOUNT PAID |
| VAN ANDEL RESEARCH INSTITUTE | ||
| O | $89,401 | ALLOCATION BASED ON EFFORT |
| VAN ANDEL EDUCATION INSTITUTE | ||
| Q | $166,289 | ACTUAL AMOUNT RECEIVED |