Grant Information Last Updated: He holds an MBA from the University of Michigan. 42 North Partners Location 171 Monroe Ave NW Ste 410, Grand Rapids, Michigan, 49503, United States Description Read More Industry Finance General Finance Three years later, Perrigo became a public company. In addition, by contributing to groups like Mel Trotter Ministries and Kids Food Basket, the Jandernoa Foundation can count on these same organizations to not challenge or resist the ways in which Jandernoa influences public policy, which ultimately leads to the creation of poverty and hunger. 42 North Partners invests in businesses in the Midwest. Each of those meetings typically absorbed one to one and a half days when the corporation was based in Allegan. Jandernoa plans to step away from the company to dedicate more time to running, Under his leadership, Perrigo was sold in 1986 to a New York City-based company, the, Today, Jandernoa finds his time divided between 42 North Partners, service on boards for a number of organizations and local businesses including, Perrigo reported the loss and impairment charges while announcing that it was exploring strategic alternatives for the royalty rights to the multiple sclerosis drug Tysabri. That drug generated $93 million in royalties in the third quarter. President, Jandernoa Family Foundation, 42 North 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. 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. The Intern, Global Portfolio Management & Transactions, Corporate Real Estate, will assist the three managers in NYC with various phases of a real estate project/transaction. Regardingactivist investors who have bought shares of Perrigo stock in recent months and threatened to try to force change, he said, "John (Hendrickson) did a great job of outlining our plans and strategies and what our focus areas are. Telephone: 6163252100 Small organizations filing a Form 990N "e-Postcard" are not included in this data. Trustee The firm also makes investments in funds. Despite the present difficulty, Jandernoa remains eternally optimistic about Perrigo. Fast-track your prospect research with a Professional plan subscription. Trustee Overall, Jandernoa has served as an executive or a director at Perrigo since 1981. Bill Lawrence . Service on the Perrigo board of director has become more time consuming, Michael Jandernoa said. ALPINE TWP. Janet Dekkinga Executive Assistant / Office Manager. Terms of This foundation has just over $16 million in assets, according to Guidestar. He holds an MBA from the University of Michigan. Trustee There are some secrets even true "Chopped" fans don't know about. "It's fun. ", He said there are estimates that U.S. companies have about $1.5 trillion invested abroad. 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. 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. 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. Like all members of the Grand Rapids Power Structure, the Jandernoa Foundation does two main things. In the category of charity-based funding, here are some of the organizations that the Jandernoa Foundation supports: To be clear, we are not saying that these organizations dont serve specific needs, but we are also saying that these organizations do not work to end root causes of problems, rather they use charity-based solutions. 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. Jandernoa Foundation - Nonprofit Explorer - ProPublica Nonprofit Explorer Research Tax-Exempt Organizations JANDERNOA FOUNDATION GRAND RAPIDS, MI 49503-2634 | Tax-exempt since Jan. 1993 EIN:. If you would like us to contact you for follow up, please include your name and e-mail address and we will be in touch. Jandernoa has done this in three ways. Please verify insurance information directly with your doctor's office as it may change frequently. Jandernoa Foundation. Including travel, each of those trips consumes about four days Jandernoa said. For the quarter that ended Oct. 1, the company reported net sales of $1.35 billion. All Rights Reserved. Grand Rapids-based Spectrum and Southfield-based Beaumont announced in June that they had signed an agreement to explore creating a new health system that would have 22 hospitals, 305 outpatient care centers, and about $13 billion in operating revenue. Perrigo also has hired a third-party consultant to provide an outside perspective and evaluate our segments, market positions, growth opportunities and relative organizational structures, CEO John Hendrickson said in a statement. Following the example set by Mike and Sue and bolstered by their continued leadership, our team of experienced professionals focuses our efforts primarily in three areas: investments, entrepreneurship, and community. Copyright 2021 Pro Publica Inc. Diversity, Equity & Inclusion (DE&I) Resources, Michigan Venture & Entrepreneurial Foundation. This internship is a remote position and requires a working, reliable internet connection as well as a quiet, dedicated workspace. Some of that money has gone to Catholic entities, since Jandernoa himself is a Catholic. Sweden View. To watch the lecture, click here. He said the company's production of prescription and generic pharmaceuticals and other products, as well as the company's top management, remain in Allegan where its corporate culture is strongest. Six -ten startups will be selected for a four-month program that will immerse them in The Walt Disney Company. 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. His continuing involvement in business is influenced by an extensive career of innovative thinking and leadership. Dr. Jandernoa works in Lansing, MI and 2 other locations and specializes in General Dentistry. Affordable one-bedroom apartments in the project will have an estimated rent starting at $352 per month, and affordable two-bedroom units will start at $422. This article is available to paid digital subscribers. 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. Everything you need to know to make a meaningful first connection can be found in our 2021-22 Landscape Guide! My three sons all moved back to Grand Rapids and West Michigan and are actively involved in running the family office. Of Hendrickson, who was elevated to the CEO post in June, and other company executives - including Jeff Needham, executive vice president and general manager of consumer healthcare -- Jandernoa said he has lots of confidence in them and they are very skilled. Under his leadership, Perrigo was sold in 1986 to a New York City-based company, the Gro Group. (He has not put his name up for re-election.). Community Rules apply to all content you upload or otherwise submit to this site. Perrigo has been under pressure to make changes from an activist shareholder, SUBSCRIBE TO MIBIZ TODAY FOR WEST MICHIGANS FINEST BUSINESS NEWS REPORTING, Major health systems dropping mask mandates in momentous shift of pandemic policy, Michigan organizations receive $34.3M in federal funds to lend in low- and moderate-income communities, Access to credit may tighten, but Michigan banks maintain strong health, Survey finds 39% of Michigan hospital nurses want to quit within a year, Michigan health insurers keeping preventative care coverage despite Texas court ruling, MiBiz on WOOD-TV8: Perrigo to pitch FDA on over-the-counter birth control pill, Perrigo to pitch FDA in May on over-the-counter birth control pill, Perrigo backs off on M&A to focus on integrating recent deals, reducing debt, Talent, economic development and playing defense: Biz advocates prepare for new landscape in Lansing, Michigans economic competitiveness dips slightly as other states make gains. Catholic Central $2,300,000, Junior Achievement $1,125,000, Mackinac Center for Public Policy $450,000, GVSU $300,000, Grand Rapids Student Advancement Foundation $109,500, Grand Action $100,000, Start Garden Foundation $45,000, 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 , Heart of West Michigan United Way $750,000, Special Olympics Inc. $175,000, Kids Food Basket $100,000, Mel Trotter Ministries $75,000, Grand Rapids Non-Profit Industrial Complex, The Rich get housing subsidies, everyone else gets capitalism in GrandRapids, The US War/Occupation of Afghanistan is now in its 18th year, and its a bipartisanoccupation , GRIID End of the Year in Review: Part II Monitoring the Powerful in Grand Rapids | Grand Rapids Institute for Information Democracy, Jandernoa Entrepreneurial Mentoring: A perfect formula to main the interests of the Capitalist Class in West Michigan | Grand Rapids Institute for Information Democracy, Police Chief Winstrom made a fool out of himself with fraudulent comments about activists in Grand Rapids who are demanding the GRPD bedefunded, Environmental books that have influenced me in my lifetime: PartIII, Omissions, bias and failure to question government claims: Grand Rapids Commercial Media Coverage of public hearing on GRPD proposal to usedrones, Opposition to the GRPD using drones was overwhelming during last nights Grand Rapids City Commission meeting, then the Mayor suspended the PublicHearing, GRIID interviews Movimiento Cosecha before the upcoming May 1st Immigrant Justice march in GrandRapids. Get personal images, LinkedIn links, investment specialties, office locations and more with a, 2022 Michigan Investment Organizations - DBusiness. Matthew VanZetten "and I'm a very lucky guy. Michael Jandernoa has been the CEO of numerous companies in West Michigan over the years, such a Perrigo and 42 North Partners. He is the former CEO and chairman of Perrigo Company. Hendrickson expects the review of Tysabri as well as other business units to be complete by the end of the first quarter of 2017. That include stakes in burgeoning companies such as Metabolic Solutions Development Co., a pharmaceutical-discovery company formed in Kalamazoo in 2003 that is working to develop new treatments for such things as type 2 diabetes. Following the example set by Mike and Sue and bolstered by their continued leadership, our team of experienced professionals focuses our efforts primarily in three areas: investments, entrepreneurship, and community. 27-year-old Jonathon Michael Lane. "The facilities In Allegan are competitive with anything else in the world," he said. FreshEdge is composed of a growing family of produce and specialty food companies.
?>