Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1997.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
8 people listed on the 990.
Constance Chang’s $8K as Trustee is at the 1st percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides essential support to research and education institutes.
Questions for Van Andel Institute
Your first name shows with your question. Van Andel Institute answers here, for everyone.
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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…
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $439.1M | $342.6M |
| InvestmentsLn 11–13 | $1.62B | $1.66B |
| Land, buildings, equipmentLn 10c | $10.7M | $10.6M |
| Total assetsLn 16 | $2.08B | $2.02B |
| LiabilitiesLn 26 | $5.1M | $9.3M |
| Net assetsLn 32 | $2.08B | $2.01B |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $291.0M | $291.0M | ||
| Pay of current officers, directors and key staffLn 5 | $8K | $8K | ||
| Legal feesLn 11b | $12K | $12K | ||
| Accounting feesLn 11c | $179K | $179K | ||
| Investment management feesLn 11f | $7.2M | $7.2M | ||
| Other fees for servicesLn 11g | $127K | $127K | ||
| OccupancyLn 16 | $75K | $75K | ||
| Depreciation, depletion and amortizationLn 22 | $161K | $161K | ||
| Other expenses (24a–d)Ln 24 | $7.5M | $5.6M | $1.9M | |
| All other expensesLn 24e | $5K | $5K | ||
| Total functional expensesLn 25 | $306.2M | $291.0M | $13.3M | $1.9M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $139.3M | $90.9M | $48.4M | $2.2B | 990 PDF |
| FY2023 Viewing | $171.8M | $306.2M | −$134.4M | $2.0B | 990 PDF |
| FY2022 | $175.6M | $113.0M | $62.7M | $2.1B | 990 PDF |
| FY2021 | $297.4M | $70.3M | $227.1M | $2.1B | 990 PDF |
| FY2020 | $111.5M | $69.5M | $42.1M | $1.8B | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $171,827,012 revenue, 12 lines filed
Part VI · Governance 3 of 4 board members independent, 1 to look at
Part VIII · Statement of revenue $171,827,012 across 10 lines filed
Part IX · Statement of functional expenses $306,179,357 across 10 lines filed
Part X · Balance sheet $2,017,682,513 assets, 16 lines filed
Part XI · Reconciliation of net assets $2,008,388,400 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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