Our values have inspired us to support entrepreneurship and a wide variety of non-profit and community-based initiatives throughout our home state. Please share any feedback you have about Foundation Directory Online. The Disney Accelerator is designed to accelerate business development opportunities with growth-stage startups from around the world. Read the API documentation . It expands our presence in the upper Midwest and Michigan, which have always been areas of interest for our family of companies, he added. Copyright 2021 Pro Publica Inc. Claim your profile . Mike Jandernoa is the former board chairman and CEO of Perrigo Co., as well as a mentor to Michigan entrepreneurs and an emeritus member of the Business Leaders for Michigan. Greater Grand Rapids Economic Development - The Right Place, Carl Jandernoa - Partner - 42 North Partners - LinkedIn, Displaying items tagged: 42 North Partners LLC - MiBiz: West Michigan Business News. YouTubes privacy policy is available here and YouTubes terms of service is available here. Who We Are 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. He serves on the Board of Directors of Business Leaders for Michigan, Cirius Therapeutics, Metabolic Solutions Development Company, and Spectrum Health System. As a non-profit, we offer free help to anyone looking to learn the details of their family story. The ideologically driven funding that the Jandernoa Foundation provides goes to the following entities: All of the above entires either are designed to either; 1) influence educational outcomes Catholic Central, Calvin Theological Seminary, GVSU and the Grand Rapids Students Advancement Foundation; 2) Pro-capitalist practices Junior Achievement, Grand Action and Start Garden Foundation, or 3) public policy outcomes Mackinac Center for Public Policy and the Great Lakes Education Foundation. Rob was working as an engineer in the Detroit area. Struggling to maintain healthy relationships? Community Rules apply to all content you upload or otherwise submit to this site. Fresh produce distributor Vine Line Group LLC has changed hands following a recent sale. Als Multi Family Office hat Kontora den Anspruch, komplexe Vermgen zu verstehen und dieses Verstndnis zum Nutzen seiner Mandanten einzusetzen - mit strategischer Beratung, Investmentsuche und -prfung, berwachung und Administration. Fast-track your prospect research with a Professional plan subscription. The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. And he says the company has some of the most skilled and competent workers in the world. Trustee Date Added/Updated: 02/2018. In addition, Jandernoa has used his wealth to influence state politics. Kevin Battle Directorof Education, Baxter Community Center, Superintendent, Godwin Heights Public Schools, Executive Director, Family Outreach Center, Superintendent, Kent Intermediate School District. Earlier this month, Indianapolis-based FreshEdge, backed by private equity firm Rotunda Capital Partners, announced that it has acquired Vine Line, which is based in Kent Countys Alpine Township. Taxable trusts and private foundations that are required to file a form 990PF are also included. Gratitude is also extended for the love, prayers and support that has been provided by family and friends. Jandernoa Family Office, SDIX - Service Delivery Index. "The facilities In Allegan are competitive with anything else in the world," he said. His role as a corporate director at Perrigo has been more time consuming since the company re-domiciled in Dublin in 2013. Tweet. Jandernoa family office 42 North Partners exits Vine Line in sale to PE-backed FreshEdge - MiBiz: West Michi John Meilner - President - 42 North Partners, LLC - LinkedIn. He is also a co-founder of Bridge Street Capital Partners, also in Grand Rapids, which provides strategic planning, mentoring management, and sourcing appropriate forms of capital, and he is a founder and board member of the West Michigan-based Grand Angels. He said companies that compete on a global basis are forced to grow their businesses overseas because U.S. taxes put them at a cost disadvantage here. Telephone: 6163252100 Board meetings that once involved a day and a half now take four days because of the travel required. Michael J. Jandernoa Michael (Mike) Jandernoa is a graduate of the University of Michigan. When William Paul Jandernoa was born on 17 August 1930, in Pewamo, Ionia, Michigan, United States, his father, Tony Anthony Vincent Jandernoa, was 38 and his mother, Elisabeth Anthonia Francisca Beauchampet, was 38. . The COVID-19 pandemic did not factor into the decision to downsize the number of units, VerWys said. (Image: Screengrab) In a virtual town hall last week, the CEO of a Utah-based digital marketing and technology company, who is forcing employees to return to . I feel good that the Perrigo legacy and culture is in good hands, Jandernoa said. This internship is a remote position and requires a working, reliable internet connection as well as a quiet, dedicated workspace. . Steve Jandernoa Partner. His departure from the boardwas announced last week at the same time as Gary Kunkle, who has been a board member since October of 2002. He said he wants to spend more time with his children. Fresh produce distributor Vine Line Group LLC has changed hands following a recent sale. And in doing that, we've got more on our plate and I can't keep up my time on the board. In pursuit of that growth, the president and CEO at the YMCA of Greater Grand Rapids applied a year ago to Jandernoa Entrepreneurial Mentoring, an organization that Mike Jandernoa started a decade ago to mentor business leaders. 12.901 (b) (2) Petition for Dissolution of Marriage with Property but No Dependent or Minor Child (ren) Download: Type: Petition. He said Perrigo has a board of directors that cares about West Michigan. As we have noted in previous Foundation Watch posts, members of the Grand Rapids Power Structure are influencing economic policy at the state level that creates poverty conditions for thousands in West Michigan, but their foundations only provide charity-based solutions that do not address root causes of economic disparities. Attorney, Miller Johnson, Trustee Elisabeth Cardmarker . Aquinas College - $50,000; Catholic Central High School - $150,000; Diocese of Grand Rapids - $80,000 Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 4/4/2023), Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (updated 1/26/2023). See the list , The data powering this website is available programmatically, via an API. From 1991 to 2003, Jandernoa served as chairman of the board of Perrigo. 10/14/2022 For specific information about missed delivery for your shipment, please contact our customer service team at 1-866-320-8383 or email us at support@flagshipcompany.com. Some of that money has gone to Catholic entities, since Jandernoa himself is a Catholic. 42 North Partners is part of the Finance industry, and located in Michigan, United States. SIMILAR PROVIDERS . Jandernoa family office 42 North Partners exits Vine Line in sale to PE-backed FreshEdge BY Jayson Bussa Thursday, October 28, 2021 04:58pm ALPINE TWP. Vice President, Spectrum Health Healthier Communities, Trustee The $1.25 billion loss resulted from two large impairment charges connected to Europe, according to the company. Click here to sign in or get access. Market-rate one-bedroom units will be $1,400 a month, and two-bedrooms will be $1,650. He holds an MBA from the University of Michigan. All Rights Reserved. Mike Jandernoa helped lead pharmaceutical maker Perrigo through a growth period in which the company expanded its workforce from 300 to 13,000 people and saw its sales balloon from $30 million to $5.35 billion. Overall, Jandernoa has served as an executive or a director at Perrigo since 1981. They were previously living in the Chicago area. Perrigo executives bought back the company in another management-led leveraged buyout in 1988, the same year Jandernoa became CEO. 0. Adnoris "Bo" Torres Steve Jandernoa is a Partner in our family office. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. It has not been an easy decision, said Jandernoa, one of the longest-serving directors at a West Michigan-based corporation. In recent years, Jandernoa has been involved with, In addition, Jandernoa has used his wealth to influence state politics. The KSSN Board of Directors is made up of 15community leaders who are invested in the lives of children, youth, and families. 42 North Partners invests in businesses in the Midwest. The investment arm of their efforts has about $200 million invested in businesses primarily in West Michigan. Senior writer, covers health care, finance and life sciences. The following data is for 2015 2017, based on the 990 documents we obtained from Guidestar, for the Michael and Susan Jandernoa Foundation. 2023 Advance Local Media LLC. That drug generated $93 million in royalties in the third quarter. In recent years, Jandernoa has been involved with42 North Partners, which he created with his wife Sue. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. Mike Jandernoa is the former chairman of the board and CEO of Perrigo Company, as well as a mentor to Michigan entrepreneurs and an emeritus member of the Business Leaders for Michigan. Profile Last Updated: We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. Extracted financial data is not available for this tax period, but Form 990 documents are available for download. . If this organization has filed an amended return, it may not be reflected in the data below. His continuing involvement in business is influenced by an extensive career of innovative thinking and leadership. As one can see, the Jandernoa Foundation fully complements the more overt political and economic ways that Michael Jandernoa uses his money to influence public policy. His son Rob Jandernoa, 36, is involved in various entrepreneurial efforts. Son Carl, 39, has been involved in broad-range investments and is working in real estate. 02/11/2022. We are very busy with that and we have more on the plate, said Jandernoa, who opted not to stand for re-election to the board of directors at Perrigo. His previous experiences include being the President of Vine Line Group, the Chief Financial Officer of Heeren companies, and working as a CPA at Ernst & Young and KPMG. Vine Line Produce Distribution, which operates from a facility at 1055 7 Mile Road NW, formed following a three-way merger orchestrated by 42 North Partners in 2019 that included Heeren Bros. Inc., Walsma & Lyons, and Vine Line Logistics LLC. "We've got so many plans invested in Allegan and hundreds of millions of dollars invested here," he said. Diversity, Equity & Inclusion (DE&I) Resources, Michigan Venture & Entrepreneurial Foundation. ALPINE TWP. His family firm 42 North Partners, takes its. Jandernoa's son Steve, 34, is involved in apple orchard packing and agricultural enterprises that include hops farming to serve West Michigan's craft brewing industry. Trustee So why is Jandernoa, at age 66 and the longest-tenured member of the Perrigo board leaving in April? ProPublica posts new tax forms as they are released by the IRS. His tenure on the board ends with the next Perrigo shareholder meeting in April. His departure from the board next spring ends not just his tenure as Perrigos longest-serving director, but also the companys final connection to its days of local ownership. If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. His pending departure will bring to a close Jandernoas 36-year tenure with Perrigo, where he served as CEO, chairman of the board and a director, and supported the companys transformation into a global player in pharmaceuticals. Superintendent, Kentwood Public Schools, Trustee There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. Dr. Jandernoa works in Lansing, MI and 2 other locations and specializes in General Dentistry. He holds an MBA from the University of Michigan. Like all members of the Grand Rapids Power Structure, the Jandernoa Foundation does two main things. But he hopes the businessman fulfills statements he has made to dramatically lower the U.S. corporate tax rate. Cookie Settings/Do Not Sell My Personal Information. Copyright 2022 Massinvestor, Inc. All Rights Reserved. Get the complete investment team + individual email addresses for investment team partners. Jandernoa Foundation. Michael J. Jandernoa. To watch the lecture, click here. Read the IRS instructions for 990 forms. Jennifer James Carl Jandernoa has been working as a Partner at 42 North Partners for 12 years. In the 2020 990 documents for the Jandernoa Foundation, his family contributed a total of $2,981,127, which you can find on GuideStar.org. The Intern will be responsible for creating documents to launch projects, managing existing reporting tools, and creating new tools as necessary. In addition, Jandernoa serves as General Partner at Bridge Street Capital Fund I, L.P, where he sits on the Executive Committee with John Kennedy. He said lowering the corporate tax rate from its current 35 percent to about 15 percent would open the door for American companies to draft plans to reinvest in the U.S. This foundation has just over $16 million in assets, according to Guidestar. The Internal Revenue Service is substantially delayed in processing and releasing nonprofit filings, so documents available here may not be the most recent an organization has filed. I feel very good about the company and the business and our management teams.. President, JandernoaFamily Foundation, 42 North Trustee Kevin Polston Superintendent, Kentwood Public Schools Trustee Diana Sieger President, Grand Rapids Community Foundation Trustee Adnoris "Bo" Torres Latinx/e Community Advocate and Latino Community Coalition Trustee Matthew VanZetten Community Member Trustee Aarie Wade Unser Leistungsspektrum ist umfassend und das hat einen einfachen Grund: die Komplexitt der Materie. * Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%. Jandernoa became president of Perrigo in January 1982, after the management team bought the company from its founding family a year earlier in a leveraged buyout. Everything you need to know to make a meaningful first connection can be found in our 2021-22 Landscape Guide! SUBSCRIBE TO MIBIZ TODAY FOR WEST MICHIGANS FINEST BUSINESS NEWS REPORTING, Report: Spiking equipment repair costs add to restaurants challenges, 2 new Shape partnerships bringing more sustainable materials to auto industry, GR tech startup raises $4.4M to help employers analyze staff competencies, GFS partnership addresses industry labor shortage with robotic food prepping, Big Rapids auto supplier plans 60 permanent layoffs in coming months, With latest distribution expansion, Bells beer is now available in 49 states, New MDARD director eyes opportunities to boost resilience of Michigan farms, Revolution Farms, Meijer issue wide-scale lettuce recall, Lakewood Construction acquires Royal Glass, aims to grow construction footprint, West Michigan private jet provider merging with Florida company to expand offerings. Service. The program begins in the summer and concludes with a Demo Day in the fall. You can find other locations and directions on Sharecare. We are fully behind John and his plan and his ideas.". Grand Rapids Institute for Information Democracy, Jandernoa is the former president of Perrigo. But unlike most workers at or near retirement age, he's not planning to take them fishing and he's not retiring. The past chairman and chief executive officer of the store-brand products maker praises the skill and competence of company CEO John Hendrickson. Stockholm, Stockholms Lan, Sweden View. The family will receive relatives and friends Thursday, September 29, from 2:00 to 4:00 p.m . Jandernoa was born in Detroit, spent the early years of his life in tiny Pewamo in Ionia County and relocated to the Grand Rapids area at age 14. Click here to sign in or get access. Mike Jandernoa Founder & Chairman. Privacy Policy Since the company was reincorporated in Dublin, Ireland, in 2013 to take advantage of its lower corporate tax rate, the board is required to hold 80 percent of its meetings there. My three sons all moved back to Grand Rapids and West Michigan and are actively involved in running the family office. Its a lot of time and Im so blessed to have been involved with Perrigo for this time.. Navigate all the resources featured in the Landscape Guide by geographic location, industry sector, and organization type. Family foundations . Mike Jandernoa is an investor, board member, entrepreneur, and mentor who is committed to Michigans entrepreneurial and investment community, the vitality of the state, and building connections to grow Michigans economy. 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. Please verify insurance information directly with your doctor's office as it may change frequently. "It's fun. He was board chairman from 1991 to 2003, and served as CEO from 1988 until his retirement in 2000. Fresh produce distributor Vine Line Group LLC has changed hands following a recent sale. Amy Lake Personal Assistant / Grant Coordinator. Terms of Liza Alvarez, the former director of human resources for Vine Line, now takes over as the companys president. In addition, Jandernoa serves as General Partner atBridge Street Capital Fund I, L.P, where he sits on the Executive Committee with John Kennedy. He is the former Chairman of the Board and CEO of Perrigo Company, the nations largest manufacturer and marketer of store brand over-the-counter drug and nutritional products. Nate DeVries Senior Accountant. Hendrickson expects the review of Tysabri as well as other business units to be complete by the end of the first quarter of 2017. Bill Lawrence . According to the Michigan Campaign Finance Network, Jandernoa gave $437,500 in the 2015 2016 election cycle (the 9th most in the state) to the Republican Party and he contributed $795,000 in the 2017 2018 election cycle, most notably to candidates from the Greater Grand Rapids area, like State Senator Peter MacGregor. Including travel, each of those trips consumes about four days Jandernoa said.
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