Ericherrmann

A Review on Dick and Betsy DeVos’ Philanthropic Endeavors

Dick DeVos is a successful businessperson who is known for his charitable donations to the community and political campaigns. Dick and his spouse, Betsy, have spent over $139 million in supporting charity institutions in the U.S. Betsy DeVos likes supporting non-profit organizations that foster education. Together with her husband, Betsy has also offered financial support to Republican party candidates. The couple created the Dick and Betsy DeVos Family Foundation to advance their philanthropic endeavors.

 

In 2015, the couple’s charitable donations were $11.6 million. Forbes magazine ranked the DeVos family in the 24th position of its American Top Givers list. The magazine also acknowledged Dick DeVos for his efforts in propelling his family’s name. Dick is one of the sons of Richard DeVos, a wealthy businessperson and founder of Amway. Betsy DeVos also hails from an affluent family. She is Edgar Prince’s daughter. Her late father was also known for creating successful business ventures and donating to charity.

 

Dick and Betsy DeVos’ Donations to Education Programs

 

The couple donated $100,000 to the development of Grand Rapids-based Ferris State University. Dick also gave $200,000 to his former school, Northwood University. Other learning institutions that benefited from the couple’s financial support include Compass College of Cinematic Arts, West Michigan Aviation Academy, and Rehoboth Christian School.

 

Dick and Betsy DeVos have been praised severally by Michigan residents for launching the West Michigan Aviation Academy. The two launched the school with a mission of enabling American citizens to garner aviation skills from a charter high school. The learning institution relies on the airfield of Gerald R. International Airport for practical lessons. Dick and Betsy have orchestrated fundraisers in the school that has amassed over $300,000.

 

Dick DeVos’ Professional Background

 

Dick DeVos’ professional career began when he started working for his father’s company, Amway Corporation, in 1974. He was involved in finance, sales, manufacturing, and research initiatives during the first ten years of working for Amway. He was promoted to VP in 1984. He was one of the company’s executives who fostered the growth in foreign sales and dominance in the international financial markets.

 

The DeVos family holds a large percentage of the Orlando Magic basketball’s shares. The family bought the NBA team in 1991. Senior DeVos oversaw the team’s operations. He decided to register the ownership of Orlando Magic to his sons. Dick earned a share of the franchise in 2005. Besides serving as president and CEO of both Amway Corporation and Orlando Magic, Dick DeVos also served as Windquest Group’s president.

 

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