The David And Carol Van Andel Family Foundation
- Assets
- $0.0
- Revenue
- $9.0m
- Investments
- $106.6m
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-2110420
Organization Overview
The David And Carol Van Andel Family Foundation is located in Grand Rapids, MI. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David And Carol Van Andel Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, David And Carol Van Andel Family Foundation generated $9.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David And Carol Van Andel Family Foundation has awarded 241 individual grants totaling $27,788,495. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Van Andel President | 1 | $0 | |
Carol Van Andel Executive Director | 32 | $200,000 | |
Nicole Dandridge Treasurer/secretary | 1 | $0 | |
Aaron Van Andel Executive Director | 32 | $41,700 | |
Christian Van Andel Associate Director | 40 | $21,269 | |
Kyle Van Andel Associate Director | 40 | $20,769 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Donald Smith | 12/30/22 | $52,243 |
Adabelle Capital Ii - Ls | 12/30/22 | $51,019 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,597 |
| Dividends & Interest | $4,974,200 |
| Profit on Inventory Sales | $0 |
| Other Income | $167,873 |
| Total Revenue | $9,006,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $279,669 |
| Pension plans, employee benefits | $27,862 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,005,990 |
| Contributions, gifts, grants paid | $4,871,755 |
| Total expenses and disbursements | $5,877,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,518 |
| Investments—mortgage loans | $0 |
| Investments—other | $106,604,712 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The David And Carol Van Andel Family Foundation has awarded $8,420,755 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
ADA CHRISTIAN SCHOOL EDUCATION FOUNDATION PURPOSE: CHRISTIAN EDUCATION | $15,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: COMMUNITY DEVELOPMENT | $85,000 |
BAXTER COMMUNITY CENTER PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
BOY SCOUTS OF AMERICA PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
BLANDFORD NATURE CENTER PURPOSE: COMMUNITY DEVELOPMENT | $50,000 |
CASCADE FELLOWSHIP CHRISTIAN REFORMED CHURCH PURPOSE: CHRISTIAN INSTITUTIONS | $70,000 |