There is no doubt that Dick and Betsy DeVos have had an equal share of love and hate from the public for their huge political donations. However, the amount that the duo contributes for political causes is nothing compared to what they give to charitable causes. According to the recent reports, Dick and Betsy have contributed a staggering $139 million to charitable causes.
The Michigan couple shed light on the millions of dollars that have been channeled through their foundation over the years. As it is the norm, every nominee must be scrutinized before they are declared fit to hold any public office. The couple had made numerous contributions to the Republican candidates, and to educational institutions that were put under scrutiny before they were cleared and the names forwarded to the relevant authorities for confirmation. Visit the website U.S. Department of Education to know more.
According to a report published on their Foundation’s website, the duo gave out $11.6 million in charitable causes in 2015 alone. The amount is double the $5.3 million in donations that the couple has given out from the year 2011. Dick and Betsy DeVos are part of a high profile families that have been supporting Republican politics for a long time. The founder of the Foundation, together with his four children gave out $104 million in charity donations in the year 2015. The family was ranked in the 24th position on the Forbes most recent Top Givers list.
According to reports released by the family, it is estimated that the extended DeVos family has donated more than a quarter ($1.33 billion) of their ($5.2 billion) fortune to charitable causes. Betsy DeVos is the daughter of the late Edgar Prince, a renowned industrialist in Holland. Edgar Prince was also widely known for his political and charitable giving.
The duo has a huge interest in the education sector, and that’s why a huge chunk of their donations have been channeled through this route. In 2015, they gave out more than $3 million to support educations, which accounted for 26 percent of their total donations that year. Additionally, the foundation also awarded $357,000 to groups that support education. Visit betsydevos.com to know more about Betsy.
About Dick DeVos
Dick has spent a huge part of his career life working at various executive positions at Amway, the Windquest Group, and the NBA’s Orlando Magic. Dick currently serves as the president of the Windquest Group. Dick served as the president of Amway from the year 1993 to 2002, where he was tasked with the responsibility of overseeing company’s operations in six continents and 50 countries. In his final term at Amway, he reported sales of $4.5 billion.