Dick Devos and His Work

Dick DeVos is a renowned entrepreneur and philanthropist from Michigan. He, together with his wife Betsy are disclosing the amount of money they have given out to charity through their foundation. In 2015, Dick and Betsy Devos donated $11.6 million. Led by Dick’s father, Amway’s Co-founder, Richard Devos, Mr. and Mrs. Devos are part of a family lineage that has been active in charity and Republican politics for a very long time. On the other hand, Betsy’s father, the late Holland Industrialist Edgar Prince together with his family were top participants in politics and charity work.

 

The extended DeVos family lifetime’s giving adds up to $1.33 billion or approximately to a quarter of its $5.2 billion fortune. Betsy and Dick are more focused on improving education. The larger portion of Betsy and Dick’s charitable giving goes to schools. For example, in 2015 alone, more than $3 million which is close to 26% of their donations that year, was apportioned to education causes and an extra $357,000 was given out in support of education reform. Some years ago they propelled the first aviation-themed charter school.

 

The DeVoses are also known for their school voucher programs, charter schools and advocacy for school choice. Their school-based giving has benefited several schools and institutions. In 2013 they gave out $315,000 to West Michigan Academy, $100,000 to Ferris State University, $200,000 to Dick DeVos’ alma mater Northwood University, $50,000 to Rehoboth Christian School and $50,000 to Compass College of Cinematic Arts in Grand Rapids. Betsy and Devos have also been benefactors of Potter’s House, an urban Christian school and Grand Rapids Christian school for a long time. Also, they are the patrons of West Michigan Aviation Academy where they offer more than the annual written down contributions. They use their connections for the benefit of the school in functions such as fundraising and even bought the school’s first plane.

 

Their second largest focus is in Arts & Culture like in 2015; they contributed more than $2.4 million to Arts $Culture. The amount can be equated to 21% of their annual contribution in 2015. At the University of Maryland, the couple also donated $ 22 million to launch the DeVos Institute of Arts Management. The rest of their contributions goes to health & human services, Civic& community, churches, public policy, leadership, and development.

 

Dick DeVos founded Windquest Group, a manufacturing and marketing storage and closet organizers company in 1989. In 1993, he became the president of Amway, his father’s company, where he had worked since 1974 before founding Windquest. After retiring as President of Amway in 2002, Dick joined politics and is a member of Republic party. He has a degree in Business Administration from Northwood University.

 

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