Van Andel Institute
333 Bostwick Ave NE, Grand Rapids, MI · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $139,332,774 | $90,904,641 | $2,232,725,784 |
| FY2023 | $171,827,012 | $306,179,357 | $2,008,388,400 |
| FY2022 | $175,628,938 | $112,969,414 | $2,077,901,221 |
| FY2021 | $297,361,845 | $70,308,987 | $2,116,708,029 |
| FY2020 | $111,524,637 | $69,463,683 | $1,795,660,552 |
| FY2019 | $99,726,729 | $68,688,441 | $1,704,680,354 |
| FY2018 | $115,925,530 | $70,851,099 | $1,613,131,411 |
| FY2017 | $93,093,136 | $61,641,322 | $1,635,728,404 |
| FY2016 | $177,192,659 | $46,315,526 | $1,510,590,215 |
| FY2015 | $185,470,335 | $54,670,323 | $1,392,947,200 |
| FY2014 | $116,469,287 | $66,996,965 | $1,281,702,291 |
| FY2013 | $96,164,989 | $57,084,804 | $1,238,141,887 |
| FY2012 | $209,960,854 | $63,772,969 | $1,117,322,686 |
| FY2011 | $98,717,524 | $53,376,859 | $944,051,952 |
Form 990 filings
The returns filed by Van Andel Institute (EIN 52-2000820), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $24,296,166 | 17% |
| Program service revenue | $0 | 0% |
| Other revenue | $115,036,608 | 83% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $66,839,024 | 74% |
| Management & general | $21,230,701 | 23% |
| Fundraising | $2,834,916 | 3% |
What the numbers show
- Other revenue made up 83% of total revenue in FY2024.
- Program services accounted for 74% of functional expenses, management & general 23%, and fundraising 3%.
- 74% of functional expenses went to program services in FY2024. That is higher than 10% of 30 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MI.
- Net assets covered about 294.7 months of expenses at the end of the reporting year. That puts it in the 90th percentile among 1607 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MI.
- Total revenue was higher than 99.8% of 1664 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MI.
- Total revenue rose from $98,717,524 in FY2011 to $139,332,774 in FY2024. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2023).
- The highest revenue on record here is $297,361,845 in FY2021.
- Net assets grew from $944,051,952 to $2,232,725,784 between FY2011 and FY2024.
- Contributions and grants made up 32% of revenue in FY2011 and 17% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
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.
IRS status
| Ruling year | 1997 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T22Z — Philanthropy, Voluntarism & Grantmaking Foundations (in MI) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
Similar organizations
- Charles Stewart Mott Foundation — Flint, MI · $136,688,464
- Penske Foundation Inc — Bloomfld Hls, MI · $101,468,070
- The Ralph C Wilson Jr Foundation — Detroit, MI · $89,392,039
- United Jewish Foundation — Bloomfield Hills, MI · $83,350,959
- Annabelle Foundation — Southfield, MI · $77,056,701
- Kalamazoo Community Foundation — Kalamazoo, MI · $71,389,653
- Jewish Federation of Metropolitan Detroit — Bloomfield Hills, MI · $62,046,677
- Ronda E Stryker & William D Johnston Foundation — Kalamazoo, MI · $56,807,123
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.