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Filing year 2023

VAN ANDEL INSTITUTE

Grand Rapids, Michigan·EIN 52-2000820·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$139.3M
Total assets
$2.2B
Total expenses
$90.9M
Reported officers
8
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).

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Chairman / CEO
Board Chair
75th to 90th percentile
$108k
$119k
Chief Operations Officer
Officer (Unspecified)
$101k
$112k
Chief Strategic Officer
Key Employee
25th percentile to median
$95k
$105k
General Counsel
Key Employee
25th percentile to median
$95k
$105k
Cao / CFO
Median to 75th percentile
$93k
$103k
Trustee
Board Member
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers in Michigan
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VAN ANDEL INSTITUTE equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 53%
from 2022

From $231k in 2022 to $108k in 2023.

$231k
2022
$108k
2023
In today's dollarsEst.
Down 55% in real terms$265k to $119k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay fell 53% from 2022 to 2023, while revenue fell 19%.

$231k in 2022 to $108k in 2023.
  • Key Employee pay fell 40% from 2022 to 2023.
  • Chief Financial Officer pay fell 34% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VAN ANDEL INSTITUTE

What does the Board Chair of VAN ANDEL INSTITUTE earn?

In 2023, the Board Chair of VAN ANDEL INSTITUTE received $108,088 in total compensation. This pay is in the top quarter for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at VAN ANDEL INSTITUTE compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Chair at VAN ANDEL INSTITUTE falls between the 75th and 90th percentiles. In 2023, the highest total compensation at VAN ANDEL INSTITUTE equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are VAN ANDEL INSTITUTE's revenue and expenses?

In 2023, VAN ANDEL INSTITUTE reported $139.3M in total revenue and $90.9M in total expenses on its IRS Form 990.

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