Dick DeVos: Work History and $139M of Philanthropy

Dick DeVos is the eldest son of Richard DeVos who is the co-founder of Amway Corporation. He was born in the year of 1955. Amway Corporation is well-known for its sales network which distributes products through dealers. The products are related to health, household, and personal care. Dick DeVos joined his father’s business in 1974. In 1984, he was promoted to Vice President. His responsibilities included Amway’s operations in eighteen countries. He decided to found another company in 1989 which was named The Windquest Group. The company mainly marketed and manufactured storage and closet organizers. In 1991, the DeVos family decided to buy the franchise of Orlando Magic Basketball team. Dick was given the task to manage it. In 1993, he returned to Amway Corporation as its President. In 2000, he decided to restructure the company and formed Alticor Corporation which was an umbrella firm consisting of Amway Corporation, Quixtar Corporation, and Access Business Group. In 2002, he left Alticor and completely focus on Windquest Group.

 

Dick DeVos has a long track record of Philanthropy. During his lifetime, he and his wife have donated up to one-hundred-and-thirty-nine million dollars to different causes and institutions. The couple donates through their family foundation known as Dick and Betsy DeVos Family Foundation. In the year 2015, they donated more than eleven million dollars which were double than the amount used for Betsy’s political campaign during last five years. The family enjoys the twenty-fourth spot on Forbes list of “America’s Top Givers.” The family’s lifetime donations are more than one billion dollars which are one-fourth of their total fortune. The main priority of Dick DeVos for donations is education sector. He donated more than three million dollars to educational causes in 2015. The amount was a quarter of his total donations for that year.

 

He donated three-hundred-and-fifty-seven thousand dollars to various groups that work for reforms in education. It shows how much Dick DeVos cares about improving the education sector. While talking to MLive, Dick said that he believes the current education system is not fulfilling the badly needed American dream. It is increasing the problem of civil rights. Kids that grow up in different places of the country do not have access to the same level of education which is necessary for the American dream. The country has many wonderful teachers and great administrator who work very hard. However, a better system could help those educators to work more effectively which every child in the US needs. The beneficiaries of Dick DeVos’s donations include various educational institutions. Compass College of Cinematic Arts received fifty thousand dollars. Ferris State University received hundred thousand dollars. Detroit Charter School Company received twenty-five thousand dollars. Northwood University received two-hundred thousand dollars. Potter’s House received three-hundred thousand dollars, and many other institutions received thousands of dollars.

 

1 thought on “Dick DeVos: Work History and $139M of Philanthropy”

  1. That is a lot of money to consider though but looking at it critically, this has to be so because of the passion involved. Also http://www.topessayservicesau.com/ can help in the research of the personal profiles of the persons involved in some of the well renowned philanthropic activities in the country. this will make the DeVos to have some of the best work history in the world and to emulate from as well.

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