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. Our values have inspired us to support entrepreneurship and a wide variety of non-profit and community-based initiatives throughout our home state. All Rights Reserved. The past chairman and chief executive officer of the store-brand products maker praises the skill and competence of company CEO John Hendrickson. Who We Are 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. Student Academic Success & Well Being District Coordinator, Grandville Public Schools 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. My three sons all moved back to Grand Rapids and West Michigan and are actively involved in running the family office. That drug generated $93 million in royalties in the third quarter. Jandernoa family office 42 North Partners exits Vine Line in sale to PE-backed FreshEdge ALPINE TWP. Community Rules apply to all content you upload or otherwise submit to this site. 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. Kevin Battle Diversity, Equity & Inclusion (DE&I) Resources, Michigan Venture & Entrepreneurial Foundation. Please share any feedback you have about Foundation Directory Online. In addition, Jandernoa serves as General Partner atBridge Street Capital Fund I, L.P, where he sits on the Executive Committee with John Kennedy. His son Rob Jandernoa, 36, is involved in various entrepreneurial efforts. Service. The firm also makes investments in funds. Dr. Jandernoa's office is located at 2410 Lake Lansing Rd Ste 2 Lansing, MI 48912. ALLEGAN, MI - Michael Jandernoa says Perrigo Co. PLC is in good hands. Fast-track your prospect research with a Professional plan subscription. He said he was very surprised that Donald Trump won last Tuesday's presidential election. 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. Rob was working as an engineer in the Detroit area. Trustee Jandernoa's sons have various roles in 42 North Partners, a private equity firm started by him and his wife Sue about eight years ago that has several involvements, including venture capital investments, various entrepreneurial efforts, acquisitions, a CEO mentoring service, and community-based initiatives. Trustee "and I'm a very lucky guy. 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. He said he wants to spend more time with his children. "The facilities In Allegan are competitive with anything else in the world," he said. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. Michael Jandernoa is one of the lesser-known members of the Grand Rapids Power Structure. Jandernoa plans to step away from the company to dedicate more time to running 42 North Partners LLC, the family office he formed five years ago in Grand Rapids. Read the API documentation . To watch the lecture, click here. See the list , The data powering this website is available programmatically, via an API. 42 North Partners acquired Heeren Bros Inc. in 2015 from the Heeren family, which founded the company in 1933. And he says the company has some of the most skilled and competent workers in the world. Perrigo acquired the royalty stream as part of its $8.6 billion deal for. Partner - Wictor Holding AB - Rdgivare and Client Executive at Wictor Family Office. This article is available to paid digital subscribers. The University of Michigan Office of Development 3003 South State . (Monroe County Sheriff's Office) MONROE COUNTY, Fla - A Monroe County Sheriff's Office deputy was arrested for DUI overnight Saturday after he was found . 27-year-old Jonathon Michael Lane. Following his tenure at Perrigo, Mr. Jandernoa founded Jandernoa Entrepreneurial Mentoring, a Grand Rapids-based company that provides mentors to assist entrepreneurs in growing their companies. Community Member Phone: 616-325-2100. 1 quesada.se; Lars Jedemark Senior Broker. Director, Kent County Department of Health and Human Services Get personal images, LinkedIn links, investment specialties, office locations and more with a, 2022 Michigan Investment Organizations - DBusiness. Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Jandernoa Foundation. He has high praise for Hendrickson, a 27-year veteran of the company who took over after former CEO Joe Papa departed earlier this year. Mike Jandernoa Founder & Chairman. Our state's entrepreneurial economy hinges on our ability to provide capital to our high-growth, high-potential companies. I feel good that the Perrigo legacy and culture is in good hands, Jandernoa said. But he said if the U.S. tax rate is lowered, "That changes the whole game for everybody. Date Added/Updated: 02/2018. * Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%. Market-rate one-bedroom units will be $1,400 a month, and two-bedrooms will be $1,650. 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. General Dentistry . Jandernoa Foundation - Nonprofit Explorer - ProPublica Nonprofit Explorer Research Tax-Exempt Organizations JANDERNOA FOUNDATION GRAND RAPIDS, MI 49503-2634 | Tax-exempt since Jan. 1993 EIN:. Access lists of funders based on detailed search criteria and other features such as: Copyright 2023 Candid. The $1.25 billion loss resulted from two large impairment charges connected to Europe, according to the company. He is also the founder of Jandernoa Entrepreneurial Mentoring, co-founder and Board member of both Grand Angels and Bridge Street Capital Partners, managing general partner and board member of Hopen Life Science Ventures, and founder and Chairman of 42 North Partners, a family office focusing on investments, entrepreneurship, and community. Grand Rapids Institute for Information Democracy, Jandernoa is the former president of Perrigo. Leave a review (517) 394-4040 . The recent Vine Line deal expands FreshEdges footprint further in Michigan. Jandernoa plans to step away from the company to dedicate more time to running 42 North Partners LLC, the family office he formed five years ago in Grand Rapids. Jandernoa has done this in three ways. 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. Adnoris "Bo" Torres Directorof Education, Baxter Community Center, Superintendent, Godwin Heights Public Schools, Executive Director, Family Outreach Center, Superintendent, Kent Intermediate School District. April 19, 2023, 2:18pm. 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. In addition to making significant profits for the shareholders of these companies, Jandernoa has been deeply involved in furthering the political ideology of the Capitalist Class. Elisabeth Cardmarker . Telephone: 6163252100 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 Terms of But unlike most workers at or near retirement age, he's not planning to take them fishing and he's not retiring. Stockholm, Stockholms Lan, Sweden View. That exceeded the average of expectations of 15 financial analysts surveyed by Zacks Investment Research of $1.59 per diluted share. Everything you need to know to make a meaningful first connection can be found in our 2021-22 Landscape Guide! From 1991 to 2003, Jandernoa served as chairman of the board of Perrigo. Trustee ", He said there are estimates that U.S. companies have about $1.5 trillion invested abroad. Their combined service has touched dozens of nonprofits, including TeachingWorks. Twitter: @masanche. Amy Lake Personal Assistant / Grant Coordinator. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. "All this conversation about trade," Jandernoa said, " and we have a tax system from the 1900s.". Jandernoa is the founder and Chairman of 42 North Partners who served as CEO of Perrigo Co. plc from 1988 to 2000. 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. Ken Fawcett Action films, including the superhero sub-genre, make up a large part of the R-rated movies that broke the box office, while drama, horror, and comedy are also represented. landmine rotations with dumbbells Steve is an active community volunteer and Board member of Artists Creating Together and Catholic Central High School.