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2020 Annual Report

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This is the 2020 Annual Report for Van Andel Institute.


PHILANTHROPY Circle of Hope The Jay and Betty Van Andel Circle of Hope recognizes those who have included Van Andel Institute in their will, trust, or other estate plans. Through our acknowledgment of and gratitude to these exceptional people, we hope that their generosity will inspire others. Anonymous Vivian Anderson* Blanche Ash* Kevin & Michelle Bassett Philip & Shirley Battershall John* & Nancy Batts Fred & Julie* Bogaert William & Marilyn Crawford Barbara Erhards J. Scott Grill* Joan Hammersmith* Terry & Jacklyn Hickman Arthur Joseph Jabury* Maryanna Johnson Reneé Kuipers* Timothy & Kimberly Long Donald* & Kathleen Maine Jamie Mills & Jim Nichols LG* & Helen* Myers Robert* & Lorraine* Nyhoff Jone E. Phillips* Donna Rosa Ronald Rutkowski Alan R. Ryan* Ralph Siegel* George Sietsema* Eva Sonneville* Fred L. Tape Hylda* & Alvin* Tuuk John E. VanFossen John Visser* Carol Winton* John Wisneski* *Indicates deceased Circle of Hope members By the numbers 69% VAI VAI Operating Revenues 2% 4% 25% ,900K ,600K ,100K ,000K Investment return utilized Grant & contract revenue Contributions Other revenues 30% Operating VAI Operating Expenses Expenses 4% 66% ,800K Research ,800K ,300K Management, general & other Education Designated Gifts | ,271K Total Unrestricted ,519K 5K 4K ,232K 9K K 0K Scientific Evt Sponsorships Cancer Other Cardiovascular Neurodegenerative Internship Program Neurodegenerative Internship Program Unrestricted Education Other Cardiovascular Cancer Education 46 | VAN ANDEL INSTITUTE ANNUAL REPORT 2020

Institute Leadership Team LEADERSHIP David Van Andel Chairman & Chief Executive Officer, Van Andel Institute David Van Andel is Chairman and CEO of Van Andel Institute in Grand Rapids, Michigan. He is also an entrepreneur involved in several other business interests in the natural and life science products industries. The son of Jay Van Andel, founder of Van Andel Institute and co-founder of Amway Corporation, David is currently a member of Amway’s Board of Directors and serves on its Executive, Governance and Audit committees. Before leading Van Andel Institute, he had held various positions at Amway since 1977, including chief operating officer of Amway’s Pyxis Innovations Business Unit, and was senior vice president — Americas and Europe, overseeing Amway business activities in North America and 22 European and 11 Latin American affiliates. Patrik Brundin, M.D., Ph.D. Deputy Chief Scientific Officer Jerry Callahan, Ph.D., MBA Chief Strategic Officer Jana Hall, Ph.D., MBA Chief Operations Officer Peter A. Jones, Ph.D., D.Sc. (hon) Chief Scientific Officer Timothy Myers, MBA, CPA Vice President & Chief Financial Officer Sam Pinto Vice President & Chief Facilities Officer Terra Tarango Director & Chief Education Officer, Van Andel Institute for Education Steven J. Triezenberg, Ph.D. President & Dean, Van Andel Institute Graduate School Linda Zarzecki Vice President of Human Resources VAN ANDEL INSTITUTE ANNUAL REPORT 2020 | 47

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