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Posted by TMS2000 on

THE DEVOS’ BUILDING A DYNASTY OF PHILANTHROPY

GRAND RAPIDS, MI-Dick, and Betsy DeVos have contributed over $139 million to charity work over their lifetime. But Dick DeVos is no stranger to this big donations as he has grown in a family of philanthropist, over the years his family alone has contributed over $1.33 billion. All in all Betsy’s family are also people that give, Betsy is a daughter of the late Edgar Prince an industrialist and the family has contributed to a number of charity organizations and political parties. Talk of a match made in heaven. The DeVos believe in civil rights, and they feel that the current education system is not fulfilling the American Dream. This explains their huge contributions towards the education sector, in 2015 26% representing $3 million of their total contributions went to education causes. Further, the amazing couple through their foundation gave $ 357,000 to groups supporting education reforms.

Among the schools that have benefited from the funding are: Michigan school in 2015, in 2013 Compass College of Cinematic Arts in Grand Rapids ($ 50,000), Ferris State University in Big Rapids ($ 100,000), West Michigan Aviation Academy ($ 315,000) and Rehoboth Christian School ($50,000).On the grounds of the Gerald Ford International Airport, the couple launched the first aviation-themed charter school five years ago. The couple not only give sizable donations to the school for instance the $315,000 donated in 2013 buying the school’s first airplane, they hold galas annually to raise funds for the school and attract A-list guest like President George W. Bush and Apollo astronauts. The school focuses on STEM, robotics and aeronautical and is able to host kids from seven different counties among which 40% are economically disadvantaged. Apart from education, the couple contributes towards art, in 2015 they gave over $ 2.4 million that is 21% of the charitable giving that year. To ensure high-quality management of high-quality Arts they donated $ 22 million to launch the DeVos Institute of Arts Management at the University of Maryland.

Other areas that the Dick DeVos’ support includes: Civic, community, and others ($ 1.8 million), leadership and development ($ 1.5 million), Health and Human services ($ 618,000), churches ($ 488,250) and public policy ($ 1.3 million.) The couple believes in philanthropic investment returns and term such investments as remarkable. This explains their sizeable donation to the Spectrum Health Foundation that aimed at recruiting top physician and a researcher in cancer in children and neuroblastoma. Dick and Betsy are upholding the family legacy and are including their children in their charity works and in a way getting fresh ideas.

Dick DeVos is the 11th US Secretary of Education and a businessman from Michigan. He was born on October 21, 1955, and studied at the University of Northwood. He is a Republican whose focus is on supporting the education system.

 

Posted by TMS2000 on

Business Tycoon Dick DeVos Leads Gold Cup Yacht Race

Recently business tycoon Dick DeVos has participated in the Lauderdale Yacht Club Gold Cup sailing race. He is currently leading the race by one point over the reigning champion. With the addition of a number of junior sailors there are now 32 contestants in the race and therefore it will be the most competitive race to date. Since this is a very competitive event, there are a number of people who are looking to win the race and get some bragging rights. So far it looks like Dick DeVos is on pace to win and become the new champion of the Lauderdale Yacht Club Gold Cup race.

Dick DeVos is a well known business leader who as experienced a lot of success over the years. After experiencing much success with his business endeavors he has been able to make a number of charitable contributions. Over the last several years DeVos has made charitable contributions to a number of causes such as artistic, educational and also free market economics. With these charitable contributions he has been able to help make a difference in his community. These philanthropic activities have resulted in people gaining more knowledge, improved professional development, expanded businesses and also expansion of artistic programs.

The first cause that DeVos has made contributions for is artistic. He has regularly donated lots of money to a number of artistic organizations. These have helped provide professional development for arts managers as well as holding events such as ArtPrize to allow artists to submit work and show it to others. With these artistic donations, a number of organizations have been able to offer more programs for entertainment and educational purposes. Therefore Dick DeVos has made a number of key contributions to the artistic community.

Another cause that Dick DeVos has made charitable contributions to is education. He has offered a number of scholarships for business students. His programs have been able to give business students the opportunity to attend business school. By getting through business school, individuals can increase their educational level as well as get the credentials they need to advance their career.

Dick DeVos has contributed to programs that support free market economics. These programs have led to funds for buildings and business development. As a result a number of people have been able to get the resources they need in order to start up a business and expand it. The contributions have also been able to help entrepreneurs expand their operations along with providing better products and services.