The Life and Charitable Giving of Dick DeVos
Dick DeVos (conceived Richard Marvin DeVos, Jr., October 21, 1955) is a visionary business specialist from Michigan. The child of Amway co-founder Richard DeVos; he served as President of the shopper merchandise dispersion organization from 1993–2002. In 2006, DeVos kept running for legislative head of Michigan, however, lost to Fair officeholder Jennifer Granholm In 2012, Forbes magazine recorded him as the 67th wealthiest individual in the United States, with total assets of around $5.1 billion.
GRAND RAPIDS, MI – Almost 50% of $90.9 million the DeVos family gave away through their five family establishments in 2013 bolstered education initiatives. http://www.mlive.com/business/west-michigan/index.ssf/2016/01/devos_family_donations.html#incart_river_home
This classification incorporates open and private colleges and Christian and open K-12 schools, and associations that give instructive administrations.
In general, the family says its gifts fall into four general classes: instruction, wellbeing and group, arts and culture, and church and religious gatherings.
With an end goal to see how the DeVos family portrayed its giving in 2014 for a story in Forbes Magazine, MLive broke down IRS filings of the family’s 2013 beneficent gifts, the most current record freely accessible.
The IRS records are being partaken in the databases underneath to show how 567 gifts were classified, utilizing rules gave by family representative John Truscott.
The databases incorporate beneficiaries, beneficiary area, gift sum and class for each of the five family establishments, including the Dick and Betsy DeVos Family Foundation.
In spite of the fact that the family is additionally broadly known for its backing of traditionalist political hopefuls and issues, these IRS 990-based figures do exclude political commitments. In any case, a segment of the altruistic giving appeared here is to conservatively adjusted establishments, for example, research organizations.
MLive’s examination demonstrated $60 million, or almost 66 percent, of the family’s 2013 gifts went to associations in Michigan, with the lion’s share staying in the Grand Rapids territory.
The order is convoluted by many associations with a double mission.
For instance, Christian Learning Center, in Wyoming, Michigan, is a religious association that gives after-school mentoring. For this situation, MLive chose the class training as best portraying the association’s basic role.
However, Dick regularly gives to his own aviation high school as well. He is an avid pilot of both various models of airplanes and helicopters. You can see his passion personified in the video of his spectacular landing in his Michigan hometown below.
Wellbeing and the group are a classification that demonstrated the greatest scope of projects, from gifts to youth associations like the Young Men and Young Ladies Club to political research organizations like the Legacy Establishment in Washington, D.C.
In light of MLive’s examination of the family’s 2013 giving, 48 percent of gifts were spent on instruction, 27 percent on wellbeing and group administrations, 13 percent on chapel and religious associations, and 12 percent on expressions and society.
To learn more about the career of DeVos, check out his LinkedIn page. If you’re interested to see more of his life story, check out his personal website or you can keep up with him on social media as he has an active presence on Facebook and Twitter.