The Giving Nature of Dick Devos

The person we become when we grow up is determined by the upbringing we receive as a child. This is the case for Dick Devos and his wife, Betsy Devos. Dick Devos was born in a rich family of Richard Devos. From an early age, he was taught how to do business. These business lessons came along with the importance of helping the unfortunate people in the society. This was through actions and teachings. His father is hailed as amongst the richest people in the free world. He has an estimated wealth of $5.1 billion. This means that Dick Devos has a hand in most of his father’s businesses and ventures. Dick Devos is married to the 11th secretary of education of the United States.

 

Most of their philanthropy is managed through the Dick and Betsy Devos Family Foundation. This is an organization that has its roots in the year 1989. Since then, the organization has been part of many projects helping thousands of people in the Michigan area and across the United States. It’s estimated that since its establishment in the year 1989, the organization has dished over $189 million to philanthropy. Most of this money goes to charity donations as well as political donations. In the past, the two have been criticized for making large charitable donations to hide the outsized political donations they had made previously.

 

Dick Devos has lived in the state of Michigan his entire life. He even attended the Forest Hills public schools. Since then, Dick Devos has been involved with his father’s businesses. Professionally, he holds a degree in business administration from the prestigious Northwood University. He has also attended Harvard Business School but failed to graduate due to personal reasons. In the year 2015, Dick Devos revealed that he had made charitable donations of $15 million. Dick Devos is passionate about the education system. From time to time, he says that the current system has failed many Americans in pursuit of the American Dream. His love for education may be the reason why most of his donation goes to this sector. 26 percent of the 2015 donation went to this sector.

 

In the same year, he revealed that he had spent approximately $5.3 million on political donations. This makes it a third of the money he dished out that year. He has been a member of the Republican Party for a while even vying for the 2006 Michigan gubernatorial seat but lost to the Democratic candidate. However, Dick Devos also minds about other institutions in the society as the rest of the money goes to these institutions. These institutions include religious organizations such as churches and community service institutions. Some of the money goes to arts, civic leadership and health institutions.

 

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