# Jay Van Andel Trust

Jay Van Andel Trust is an Endowment based in Grand Rapids, United States.

## Overview

- **Organization type:** Endowment
- **Headquarters:** Grand Rapids, United States
- **Region:** North America
- **Address:** Grand Rapids, MI, United States
- **Assets under management:** 173 (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

Jay Van Andel established the trust in 1978. He built his wealth as co-founder of Amway, the multi-level marketing company, and later created the Van Andel Institute. The trust deploys capital through buyout investments and holds interests in private equity funds managed by JP Morgan. Confirmed positions include exposure via Adabelle Capital LP and direct real-asset holdings such as Peter Island Resort in the British Virgin Islands. Geographic reach centers on North America with additional exposure in the Caribbean. David Van Andel acts as trustee while also serving as Chairman and CEO of the Van Andel Institute. The trust maintains separate philanthropic arms including the Van Andel Education Institute and the Van Andel Institute. Seth Ellis manages Adabelle Capital LP as a primary investment vehicle for the trust. The structure separates the trust's investment activities from the family's operating businesses through dedicated vehicles and long-standing partnerships with the DeVos family, co-founders of Amway.

## Sectors

- Private Equity

## People

- David Van Andel — Trustee
- Jay Van Andel — Founder

## Questions

### Who runs investment decisions at Jay Van Andel Trust?

David Van Andel serves as trustee and oversees the trust's investment activities alongside his role at the Van Andel Institute.

### How does Jay Van Andel Trust source proprietary deal flow?

The trust routes investments through Adabelle Capital LP, managed by Seth Ellis, and maintains relationships with JP Morgan for private equity fund access.

### Does Jay Van Andel Trust participate in fund commitments or only direct deals?

The trust holds both fund commitments, including JP Morgan Private Equity Funds, and direct interests such as Adabelle Capital LP.

### How is Jay Van Andel Trust related to the Van Andel Institute?

David Van Andel serves as trustee of the trust and Chairman and CEO of the Van Andel Institute, linking the two entities through family governance.

## Related profiles

- [HB Capital](https://altss.com/profile/hb-capital)
- [Girl Scouts of the United States of America](https://altss.com/profile/girl-scouts-of-the-united-states-of-america-gsusa)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/jay-van-andel-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology