In an interview with MLive billionaire, Dick DeVos revealed that his family had spent millions of dollars to fund various charitable activities. Generous donations for Dick and Betsy, his wife, amount to $139 million. These revelations came about when Betsy was vetted for the office of the U.S. Education Secretary.
Contributions to the Education Sector
Reports reveal that in 2015, this couple donated roughly $11.6 million to various charity organizations via the well-known Dick and Betsy DeVos Family Foundation. Dick and Betsy come from a lineage that has played a huge role in the Republican politics. Dick’s father, Richard DeVos, who is also the founder of Amway Corporation, donated $104 million to various charities in 2015.These acts by this high profile family placed them at position 24 of the Forbes list of America’s Top Givers. Reports also indicate that this family has donated around $1.33 billion throughout their lifetime, which is a quarter of the net worth of the family. The late Edgar Prince, an internationally respected real estate mogul cum serial entrepreneur, is the father of Betsy.
Dick and Betsy are famous for funding education causes. This involvement is one of the reasons why Betsy was appointed as the secretary of education. In 2015, they allocated a quarter of their total contribution to academic causes. Additionally, they also funded groups that campaign for educational reforms in the United States. According to Dick, their priority when it comes to social responsibility activities is to improve the education sector. This noble initiative was prompted by the failure of the system to provide the American dream that each child in the U.S. deserves. Some of the schools that have benefited from this kind of support include local colleges within Michigan state`. Some of the earliest benefactors of the DeVos charitable acts are the Potter’s House and the Grand Rapids Christian Schools. They are also the initiators of West Michigan Aviation Academy.
Other causes funded by the DeVos
Since West Michigan Aviation Academy was established, more than 15 pilots have graduated from this college. Apart from education, Dick and his wife also support arts and culture initiatives. In 2015, they spent over $2.4 million to this cause. Dick is also responsible for establishing DeVos Institute of Arts and Management at the highly ranked University of Maryland. The couple supports sectors like leadership & development, public policy, community & civic sectors, churches, health, and human services. Dick is known for giving without expecting anything in return. He finds contributing and giving back to the community fulfilling.