Program 1 · 12.4% of program spending · $947K in grants $9.7M
Department of neurodegenerative scienceschedule o provides further information regarding this program's accomplishments.
The 990 read · EIN 52-2000823 · MI · Fiscal year FY ending Nov 2024
Van Andel Research Institute
Van Andel Research Institute: CEO salary, finances and where donations go
In its own words
“Medical research organization Van Andel Research Institute is an independent biomedical research organization committed to improving the health and enhancing the lives of current and future generations.”
Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.
Methodology by Amir Arani, CPA, CA · Updated
- Top pay
- $1.1M Kathy Vogelsang, 0.9% of spending
- Revenue
- $112.7M 87.9% from donations and grants
- Spent
- $118.9M 65.3% on programs, as reported
- Net assets
- $174.3M end of FY ending Nov 2024
- Savings
- 17.6 months of spending, net assets ÷ spending
- People
- 596 employees
01 · Red flags
No red flags in its latest filing.
We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.
No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.
02 · Where $1 goes · FY ending Nov 2024
Of each dollar it spent, 65.3¢ went to programs, as reported.
The split the charity filed.
65.3¢
Programs, $77.7M
1.7¢
Fundraising, $2.0M
32.9¢
Admin, $39.2M
Cost to raise $1
2¢
as reported
For each dollar donated, Van Andel Research Institute spent 2¢ on fundraising.
Fundraising ÷ $99.1M contributions · Form 990 Parts VIII, IX03 · What it does
What it told the IRS it spent on.
The charity's own description of its largest programs, with what each cost.
Program 2 · 9.1% of program spending · $453K in grants $7.1M
Department of metabolism and nutritional programmingsee schedule o for further information about this program's accomplishments.
Program 3 · 57.4% of program spending · $1.2M in grants $44.6M
04 · The savings
Net assets: $-65.7M to $174.3M in 11 years.
Net assets at each fiscal year end, 2013 to 2024.
-66
-76
-87
-97
-82
-70
-131
-164
-143
-44
180
174
05 · Who gets paid
The 8 highest-paid people.
Reportable pay in FY ending Nov 2024, from the charity and related organizations.
Kathy Vogelsang
Chief Investment Officer
$1,125,167
Dr Peter Jones
Chief Scientific Officer & Res. Dir.
$953,170
Ted Heilman
Assoc Direct-Sr. Portfolio Mgr.
$782,302
David Van Andel
Chairman / CEO
$691,507
Dr Jana Hall
Chief Operat. Officer (end 4/1/2024)
$635,819
Austin Way
Senior Portfolio Manager
$530,219
Thomas Curran Jr
General Counsel
$517,831
Dr Peter Laird
Distinguished Investigator
$513,955
Largest outside contractors
| Contractor | Service | Paid |
|---|---|---|
| Huron Consulting Group Inc | Consulting services | $1,804,360 |
| Owen-Ames-Kimball Co | Construction services | $560,293 |
| Mcpc Inc | Helpdesk services | $467,128 |
| Fei Company | Maintenance services | $435,430 |
| Two By Four Ltd | Consult. & advert. services | $358,093 |
06 · Questions
The questions people ask about the Van Andel Research Institute.
Short, sourced answers. Each one stands on its own.
How much does the Van Andel Research Institute CEO make?
Kathy Vogelsang, Chief Investment Officer, received $1,125,167 in reportable compensation in FY ending Nov 2024, 0.9% of Van Andel Research Institute's $118.9M in spending.
Form 990 (FY ending Nov 2024), Part VIIWhat percentage of Van Andel Research Institute donations go to programs?
Van Andel Research Institute reported 65.3% of FY ending Nov 2024 spending as programs, 1.7% as fundraising and 32.9% as management.
Form 990 (FY ending Nov 2024), Part IXHow much money does Van Andel Research Institute have?
Net assets were $174.3M at the end of FY ending Nov 2024, about 17.6 months of spending.
Form 990 (FY ending Nov 2024), Part XDoes Van Andel Research Institute have any red flags in its filing?
Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.
Form 990 (FY ending Nov 2024)07 · Sources and citing
Every number, traced.
- Van Andel Research Institute Form 990, FY ending Nov 2024 (IRS e-file)
- Van Andel Research Institute Form 990 history (ProPublica Nonprofit Explorer)
Cite this page
Amir Arani, “Van Andel Research Institute: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/van-andel-research-institute/