Category: Philanthropy

The Philanthropic Life of Dick DeVos

Dick DeVos is an entrepreneur and a business magnate that is based in Michigan. DeVos has been in the business field for an extended period, and he has also held several positions. At one time, DeVos served as the Chief Executive Officer of the consumer goods distribution company. He has also been involved in politics besides his business background.

The business activities that Dick DeVos has been involved with include holding different positions at Amway Corporation in 1974. Some of the departments he served in Amway Business Corporation include the research department, marketing, sales, and finance. Dick also served as the Vice President of the Amway Corporation, during the tenure in the organization, the company’s sales were reported to have grown to 50 percent of the annual sales. DeVos also served as the president of the Orlando Magic after his family had acquired the basketball franchise. DeVos also served as the chairperson of the Amway Corporation, succeeding his father.

DeVos is also involved with a lot of philanthropic activities, having donated plenty of funds to fund various projects meant for community support. Dick is known to have supported various organizations including civic societies, religious, and educational organizations among others. He is also involved in funding a lot of artistic works such as the ArtPrize, an art competition that has been in place since its establishment in 2009. DeVos’ foundations have also donated funds meant to encourage free-market economics. Organizations involved in supporting this movement include the Heritage Organization and the Hudson Institute. DeVos is a well-known crusader for education to all populations. He has set-up funds that are meant to provide scholarships to students at the Thunderbird School of Global Management. The scholarship program mainly targets students from developing nations. DeVos has also established an annual scholarship program that is known as the Betsy and Dick DeVos Scholars. The scholarship program is meant for students at the Northwood University pursuing BBA.

The DeVos family is also the greatest sponsor of the Conservative Movement and the Christian. The family is ranked among the top benefactors besides the Bradleys, the Coorses, and the Kochs. The Devos family is estimated to have given more than 200 million US Dollars to Cristian Right and Conservative Movements. The Amway Corporation co-founder Richard DeVos is also a member of the Koch brother’s invites-only donors’ summit. The DeVos family has donated funds to many organizations in the United States including the David Koch’s American for Prosperity. Most advocacy groups in American Politics have gotten funds donations from the billionaire’s foundations.