A Look at Dick and Betsy DeVos’ Philanthropic Efforts

It’s no doubt that Dick and Betsy DeVos have been subject to criticism for a long time now. I think their huge donations have fueled these debates. In an interview with Mlive, the couple revealed that their charitable donations add up to over $139 million. Betsy DeVos has contributed to Republican candidates and school initiative. Dick DeVos family has contributed more than 1.33 billion for several years.

 

According to a report published on the DeVos Family Foundation site, Dick and Betsy made donations totaling to $11.6 million in 2015. This was twice the amount of political contributions they’ve presented to the federal government in the last 5 years. The Devos Family has offered financial support to Republicans for many decades. In 2015 alone, Dick Devos donated $104 million to philanthropic causes. The family was listed 24th by Forbes Magazine on the American Top Givers list. Betsy DeVos also comes from a family known for its political and charitable contributions.

 

Most donations from Dick and Betsy go to education because they’re passionate about educating young people. A couple of years ago, they donated over $3 million to initiatives that focus on education. Schools that benefits from the couple’s donations have accountability and adult support. These schools include the Grand Rapid Schools and the Potter’s House.

 

About Dick DeVos

 

DeVos is a well-known philanthropist and entrepreneur. He has taken part in various projects throughout his business career. His job at Amway played a significant role in his career. Dick DeVos began working at the company in 1974. He worked in different divisions at Amway. These departments include manufacturing, research, sales and marketing. He was the corporation’s first VP. As vice president, he was responsible for overseeing operations of Amway in 18 countries -including the United States. In 1993, Devos was named the company’s president. He held the position up to 2002. His leadership skills helped propel the annual sales of the firm to over 50%. In 2002, the Amway Corp. made $4 billion in revenue.

 

The DeVos family has invested in different types of businesses over the years. The bought the Orlando Magic Basketball Association in 1991. Dick’s father later divided the organization amongst his kids. Dick DeVos, therefore, own part of the company. Dick is the founder of Alticor Company. He was the firm’s presidents from 2000 to 2002. He became the Windquest Group‘s president after retiring as the president of Alticor Company. Windquest deals in the technology and manufacturing. Since Mr. DeVos ventured into business, he’s contributed towards a number of initiatives. He’s a co-chair of the Education Freedom Fund. Through the organization, Dick and his wife have provided more than 4,000 scholarships. They have sponsored many students who pursue aviation at the West Aviation Academy.