- change ups
Kathleen Vogelsang grows endowment
Editor’s note: Each issue of the Influential Women enewsletter will feature a profile of one of the Business Journal’s reigning 50 Most Influential Women in West Michigan. The profile first appeared in the event program.
Kathleen Vogelsang excels at working from the ground up. She was hired in 2005 to start the Van Andel Institute Investment Office from scratch, made possible by a generous endowment from Jay and Betty Van Andel’s estate.
Under Vogelsang’s aegis, the funds were quickly invested, because markets were moving up, and she did not want to miss the opportunity to grow the endowment.
She created an investment policy and strategy and put into place a well-diversified endowment portfolio with high-quality investment managers in a short amount of time.
She also put into place the required systems, developed a department budget she now manages at $800,000 and oversees three employees who assist with the endowment.
At the start of 2011, Vogelsang and two friends founded the West Michigan 100 Strong charitable group, where each member donates $100 per quarter to local charities serving the West Michigan Community.
Vogelsang helps organize the nominations for the charities under consideration, as well as the voting and quarterly meetings. Last year, almost $40,000 was raised for 12 local charities.
In the community
Vogelsang is a founding member of the American Heart Association’s Circle of Red.
Her involvement with the community has also included Pine Rest Christian Mental Health Services, Grand Valley State University Seidman College of Business Alumni Association, Seidman College of Business finance advisory board and the West Michigan Youth Ballet.
In 1999, she became the second female in West Michigan to earn the Chartered Financial Analyst designation.