Light Shed on the DeVos Family’s Philanthropy
There was a man in Grand Rapids who met a person whose name is Rich DeVos. Rich DeVos owned the Orlando Magic and had founded the company Lescoa. This meeting consisted of a witty prompt from DeVos signifying the man to donate one million dollars to a certain cause. The point illustrated by this story is that in this area, in order to be respected, you must donate money to certain causes, and to be supported by the DeVos name would certainly garner you with significant respect. The DeVos family is not cut out of the way this works, not in any way. They have recently come out with some numbers in an MLive article that show how much that they have given in the world of philanthropy, a total of 1.2 billion dollars. In Forbes magazine, they put the family up on 20th on the list of the top fifty givers of the year. There is still more money that was given, but those funds were not included for various reasons. There are many DeVos foundations that all give a lot. The family members have been on non profit boards for a long time. They and the people in their circle often express how they enjoy making West Michigan a better place.
Dick DeVos is an entrepreneur and is from Michigan. He is the son of Richard DeVos and he was the CEO of Amway for 9 years. He tried to run for governor of Michigan but he lost. He is listed in Forbes as the 67th richest man in the United States and he has a net worth of about 5.1 billion dollars. While DeVos was still in his career as the CEO of Amway the company expanded to more than 50 countries on six continents. He was the winner of the election to be on the Michigan State Board of Education, and he resigned two years prior to the ending of his term. DeVos was also appointed by the Governor John Engler to be on the Grand Valley State University Board of Control.
DeVos as well as his wife became the co- chairs of the Educational Freedom Fund in 1993, furthering their philanthropy in education. They also both did many other things to help out the school system. Recently in 2012 Dick DeVos was on a few public debates with the president of Teamsters, James Hoffa, the topic being Unions. Dick is also the president of a charitable foundation in Grand Rapids. Learn more about DeVos on his LinkedIn profile or catch up with him on Facebook to get his latest tweets about Michigan business feats or see his thankfulness for his community.