Dick and Betsy DeVos are leaders in the arena of political contributions. They have sparked mixed reactions from different people across the various sectors. Some criticize them for their outsized political contributions while others praise them for their accomplishments. Charitable contributions for this couple amount to almost $139 million.
After earning an appointment as the U.S. Education Secretary, Betsy DeVos’ donations to candidates of Republican Party and school choice program were thoroughly evaluated in advance of the confirmation hearing. Dick and Betsy DeVos allowed the vetting team to scrutinize the millions of dollars that their foundation donates to various causes by presenting the required financial documents.
Dick and Betsy DeVos Family Foundation site confirms the DeVoses issued charitable contributions amounting to $11.6 million in 2015. The report submitted by Betsy DeVos as part of her interview process for education secretary post indicates that her foundation donated $5.3 million in campaign contributions.
Led by Dick’s father, Amway Co-founder Rich DeVos, the couple is part of a high-status family that offered unwavering support to the Republican politics for many decades. Dick DeVos partnered with his four grown children to issue $104 million in charitable donations back in 2015, enabling the family to secure a spot on the Forbes’ recent list of American Top Givers. Utilizing the data submitted by the family, Forbes placed the lifetime donations of extended DeVos family at $1.33 billion.
Why DeVos family leads in philanthropic initiatives
The Michigan’s wealthy families and individuals treasure supporting community initiatives and donating towards various causes. With lifetime contributions of $1.2 billion, the DeVos family is a driving force in the philanthropic world. Dick and Betsy have focused on improving the quality of education through donations. In 2015, they allocated more than $3 million to educational initiatives. Therefore, charitable donations toward educational causes accounted for 26 percent of the total contributions in 2015. Additionally, the foundation allotted $357,000 to groups, which advocate for education reform.
Dick DeVos’ statements
In an interview posted on The Grand Rapids Press and MLive, DeVos insisted that their foundation has directed many resources towards enhancing education. DeVos said that the current education system was not accomplishing the American dream. He added that the main agenda of school choice is to solve the problems created by the public education platform.
About Dick DeVos
Dick DeVos is an American entrepreneur who has spent a significant part of his business career holding senior positions at The Windquest Group, Orlando Magic, and Amway Corporation. He was the president of Amway between 1993 and 2002. He managed operations initiatives of the firm in 50 countries. Before retiring, He led Amway to sales of $4.5 billion. Other than his entrepreneurial accomplishments, DeVos has been involved in a series of community initiatives. He established the Education Freedom Fund that issued over 4,000 scholarships to Michigan-based underprivileged children.