Dick and Betsy DeVos Provides Information on Their Philanthropy Work
Soon after her nomination to the post of the Secretary of Education by then President-Elect Donald Trump, her personal and financial status came under scrutiny. It was mandatory for the appointing committee to request for the financial details of Betsy before her confirmation.
The couple decided to get ahead of the probe and released the information to the public. The move came under great criticism by the public officials who were opposed to the Betsy nomination. They said that it was a tactic for the couple to divert the public attention from their political contributions. Whether it was a ruse or not, the couple releasing the information was a show of their transparency.
According to the report, Dick and Betsy DeVos have contributed $139 million towards different organizations. This is not a surprise considering they both come from wealthy families known for their giving. The DeVos family has contributed over $1.33 billion towards different causes.
In 2015, Dick and his wife contributed $11 million and 26% of the amount was given towards the education system. The couple indicated that they are passionate about education and that is why most of their contributions are given to the education department.
The report also indicated other beneficiaries who benefited from the financial support. These organizations include the Compass College of Cinematic Arts, Detroit Charter School, Ferris State University, Northwood University, West Michigan Aviation Academy, and the Potter’s House in Wyoming among others.
Through their Foundation, the couple has managed to support various organizations including the ArtPrize. It is an international art competition held in Grand Rapids.
The Dick and Betsy DeVos Scholarship, established in 2008 have provided financial support to students pursuing their MBA, MA, and MS at the Thunderbird school of Global Management.
Richard ‘Dick’ DeVos Jr. is the first born son of Richard DeVos Sr. the co-founder of the Amway Corporation. Dick joined the family-owned business in 1974 and was in charge of various operations in the Company including sales, marketing, research, and development. After ten years, he was promoted to Vice President of the Company and was put in charge of 18 countries.
In 1991, his father acquired the Orlando Magic. Dick served as the President and the Chief Executive Officer of the Company until 1993 when he resigned to become the president of the Amway.
Dick DeVos has also served as the president of the Windquest group which is an investment firm.
He has also been involved in politics. In 1990, Dick was elected to the Michigan State Board of Education but resigned two years into his term due to the Amway promotion. In 2096, Dick entered the gubernatorial race in Michigan.