Dick and Betsy DeVos Sheds Light on Their Philanthropic Contribution

Over the last couple of months, Dick DeVos and his wife Betsy have attracted a lot of attention not only because of Betsy DeVos Confirmation as Secretary of Education but also because of their charitable contribution. In November 2016, President Elect Donald Trump nominated Betsy as the Secretary of Education. Following the nomination, Betsy was mandated to share information on the couple’s contribution. Dick and Betsy, however, decided to share the information with the public.

According to the report, the couple contributed $139 million in support of different organizations. In 2015 alone the couple donated $11million and 26% of that was contributed to the education sector. Most of the couple’s contributions have been in support of the education system.

Most of the DeVos family charity donations have been made via their Foundation; The Dick and Betsy DeVos Family Foundation. Through the Foundation, the couple supports the Art Prize which is an art competition.

In 2008, they established the Dick and Betsy DeVos Scholarship. The scholarship supports students pursuing MBA, MA, and MS.

They have also established the Betsy and Dick DeVos Scholars. It is a scholarship that is awarded to the students pursuing the Bachelor of Business Administration or Master of Business Administration

About Dick DeVos

Even though, Dick comes from a wealthy family, he has managed to create an empire. After graduating from College, Dick DeVos joined the Amway Corporation in 1974. Richard DeVos Sr. founded the Amway Corporation. Dick was in charge of different departments including Finance, Sales, Marketing, Research, and Development. After ten years in the company, He was promoted to the position of Vice President of the Company. He was in charge of the Company’s operations in 18 Company offices.

In 1991, Richard DeVos acquired Orlando Magic, and Dick acted the president of the Company for a short period. He, however, had to resign to assume his position as the President of the Amway Corporation. During his tenure as president, the company grew by 50% in annual sales.

Dick participated in the restructuring of the Amway Corporation, and that was when the Alticor Company was born. Dick retired as the president of the Company in 2002 to join Windquest Group as the President.

Political involvement

Just like his wife, Dick has tested the Political Waters. In 1990, he won the Michigan State Board of Education. Two years into his eight-year term, Dick resigned to take up his position as the President of Amway.

In 2006, he participated in Michigan gubernatorial race. Even though he lost the race, Dick is still regarded as the wealthiest person to take part in the race.

In addition to his leadership skills and charitable contributions, Dick is also a civic leader. He promotes the local interests including the Regional Air Alliance of West Michigan.