Van Andel Education Institute

“Vaei, vaigs, vai and vari share common management. As officers of all four organizations, david van andel and timothy myers interact and work together with terra tarango, a former officer of vaei, dr. Steve triezenberg (end 7/2023) and eric swindell (start 12/22/2023), as key employees of vaei and vaigs. Thomas curran and gerald callahan are also key employees or officers for vari and vaei. Officer timothy myers and director dr. Juan olivarez serve together on an unrelated tax-exempt organization board.”

“The trustees of van andel institute elect members of vaei's governing body.”

“Following completion of the financial audit, the form 990 is prepared and reviewed by management. It is then circulated to the full board prior to filing with the irs.”

“Vaei has written conflict of interest ("coi") policies and procedures which administer and enforce a process to identify, evaluate, and manage potential conflicts of interest. These policies have been approved by the board of trustees. Vai administers coi policies and procedures through two standing committees: the conflicts committee ("cc") and the institutional coi committee ("icoic"). Coi policies and procedures apply to and serve as a guide for everyone in the organization. In particular, they provide a useful resource for developing activities or relationships with outside entities or persons, and establish a process for committees to review and manage potential conflicts of interest as they may arise. The cc and icoic are chaired by the general counsel. The cc requires annual and updated disclosures by covered persons and reviews and approves management plans. Icoic policies and procedures serve as a guide for boards of trustees and senior executives. In the event a potential coi arises at the board or senior executive level, the icoic meets to review and determine how to manage such a potential conflict of interest in accordance with the coi policies and procedures.”

“Comparability data from an expert third party is obtained and reviewed by the independent, joint compensation committee of van andel education institute and related organizations to determine appropriate compensation for the ceo, executive management officials, officers, and key employees, on behalf of van andel education institute.”

“All documents required to be made available to the public are available for public inspection upon written request.”

“Change in net assets of vaigs (a related entity) 4,831,205.”