Category Archives: Philanthropy

How Betsy DeVos is dedicated to supporting Education in the US.

Betsy DeVos is one of the United States’ highly respected businesswomen and philanthropist who was born in 1958. Her parents Edgar and Elsa are renowned billionaires. Betsy attended the prestigious Holland Christian High School and also studied business administration at the Calvin College. She was married to a famous businessman who is called Dick DeVos. The two have been participating in several charity undertakings that are dedicated to bettering the lives of the marginalized and disadvantaged people in the community. They feel that everyone deserves to have equal opportunities in life.

President Donald Trump learned about the great influence of Betsy and nominated her to serve as the secretary of education. The nomination was significant since she has been in the frontline campaigning for wholesome education. Betsy has been active in politics for over three decades. In 1982, she was offered a chance to act as one of the Republican Party’s local delegates. She was in the party to represent Michigan, which is her home state. Holding these position enabled her to be appointed to the Michigan National Committee where she served as from 1992 to 1997. Betsy was chosen about three times to act as the Michigan Republican Party’s chair. Visit Betsy’s profile page on Facebook.

The businesswoman’s position as the education secretary has made a lot of details about her philanthropic undertaking to be exposed. She has worked closely with Dick DeVos to fund charities in different parts of the United States. The two have managed to give millions of dollars to many organizations that are devoted offering an excellent academic environment to children who come from poor backgrounds. The family was a major participant in the founding of the West Michigan Aviation College, which is considered to be among the top aviation colleges in Michigan. The learning institution is located at the Gerald R. Ford International Airport.

Betsy DeVos spoke to the Philanthropy Roundtable and said that she was motivated to take part in philanthropic undertakings due to the way parents strived to ensure that their children attended good schools. She has also been conducting various programs and forum that encourage people to have an education of their choice. Mrs. DeVos has also been spending some of her time lobbying for money to facilitate her charity undertakings. She has been devoted to providing holistic solutions to support education.

Mrs. DeVos always strives to engage well with individuals who support public policies in the education industry. Education has been the primary area where the philanthropy work of the power couple has focused. The family offered over $3 million in 2015 to facilitate various education programs. Betsy believes that the current education program fails to deal with the inequalities between the wealthy students and those from disadvantaged backgrounds.

Learn more: https://www2.ed.gov/news/staff/bios/devos.html?src=hp

George Soros; An Exemplary Philanthropist And A Business Expert

George Soros, a popularly known investor, and a philanthropist is the founder of Open Society Foundation and Soros Fund Management. Born in 1930, Soros has been an icon in business investment. He holds a Master of Science in philosophy and a Bachelor of Science in philosophy from London School of Economics. His charity work ranges from to politics, refugees, and other vulnerable groups. He is known to funding over 527 groups with over $23 million in 2004 presidential election in the US through the Democracy Alliance, a political fundraising organization.

Open Society Foundations under George’s leadership reported $827 million annual expenditures in 2014, which was as a result of $873 million budget in 2013 which ranked the second position in largest patronage budget in the US. The Foundation helps countries make a change from communism and create liberal democracies with governments that are transparent accountable and democratic to its citizens. In 2009, George Gave out $35 million to New York to support underprivileged children not forgetting the Center for American Progress, which he still supports to date through the Open Society Foundations.

He supported the re-election of President Barrack Obama by donating $1 million in 2012 to the super PAC. In 2013, he granted $25,000 to Ready for Hillary, which made him become a co-chairman of the super PAC committee. Later on 2015, Soros donated $1 million to Priorities USA Action, which would support Hillary Clinton for the presidential election in 2016.Apart from the Open Society Foundations; Soros has helped to fund other organizations like the Institute for New Economic Thinking which is based in New York City. The institute for Economic Thinking is a nonprofit research and educational organization. He also founded Central European University (CEU) – a university located in Budapest that offers degrees in business management, social sciences, mathematics, public policy, law and environmental science- by providing US$880 million which saw the university one of the richest in Europe.

Other organizations George Soros funded were the Algebra Project, Human Rights Watch, Media Matters for America, Amnesty International Ireland, American Civil Liberties Union, the Center for Constitutional Rights and the Center for Public Integrity. Forbes ranked George Soros number 29 on the 2017 Billionaires’ list with Soros Fund Management boasting of $30 billion worth assets. He is widely known for risking $10 billion on one currency speculation which generated a profit of $1 billion in a single day in 1992. He will be remembered for his charity work and his business expertise. Read more on CNBC about George Soros.

Sources

https://en.wikipedia.org/wiki/List_of_projects_supported_by_George_Soros

https://www.forbes.com/profile/george-soros/

https://en.wikipedia.org/wiki/George_Soros

https://en.wikipedia.org/wiki/Institute_for_New_Economic_Thinking

https://en.wikipedia.org/wiki/Open_Society_Foundations

https://en.wikipedia.org/wiki/Central_European_University

Dick DeVos Makes Official His Lifetime Giving Totals Near $139 Million

Dick DeVos entered the political spotlight once again in 2017 when his wife Betsy DeVos became US Secretary of Education. She was chosen by then President-elect Donald Trump because of the work she and Dick did fighting for private and charter schools in Michigan. During the confirmation hearing the DeVos’s were prompted about their business activities and charity work, and it was discovered that their total lifetime giving amounts to near $139 million. This has been a longtime mystery that many business magazines and news outlets have tried to uncover.

 

The Dick & Betsy DeVos Family Foundation has been their philanthropy catalyst and through that they’ve supported several private school scholarships and grants. Dick and Betsy sent their children to private school and often came into contact with parents who could barely afford to do so. The Education Freedom Fund and Kids First America helped many families cut private school expenses, and at one time the DeVos’s tried to build on those scholarships by advocating for private school voucher laws. They decided to become involved with charter school groups including the Great Lakes Education Project and later founded the West Michigan Aviation Academy.

 

Dick DeVos comes from an entrepreneurial family with his father Richard DeVos Sr. and his brothers Daniel, Douglas and sister Cheri all having worked for Amway and later started businesses of their own. Richard DeVos Sr. co founded Amway with Jay Van Andel built it into a major multilevel marketing company. Dick started out in the company as a lower tier manager but soon became an executive who was placed in charge of foreign markets. Dick stayed at Amway from 1974 to 1989 and then founded The Windquest Group, an investment and parent company to several Michigan businesses. He was on the board of the NBA’s Orlando Magic from 1991 to 1993, but then left that position to rejoin Amway where he became CEO from 1993 to 2002. During that time he turned Amway into a highly profitable international sales company.

 

Dick DeVos has done a lot of work with Grand Rapids city councilmen and other business leaders through Grand Action Committee including bringing in stadium and sports arena projects, theaters, museums and other developments to downtown Grand Rapids. He and Betsy also contributed to the Kennedy Center in Washington D.C. and had the art institute there renamed in their honor. Their political activities include a few years that Betsy served as chairperson of the Michigan Republican Party and the 2006 gubernatorial race that Dick ran in. He also worked with the Heritage Foundation and Action Institute to pass right-to-work legislation in Lansing in 2012. Dick DeVos is also on the Board of Trustees at his alma mater Northwood University.

 

The Belief In The Internet Of Things

Jason Hope believes in the Internet of Things. This term refers to how technology gives different devices the ability to work together. He is an entrepreneur and a commentator on the very latest technological trends.

Hope believe the Internet of Things will be the largest investment the worlds biggest corporations will take on. As technology advances companies will have to keep up with the pace. He believes eventually all devices will have the ability to connect together.

He has explained technology is simply a convenience to consumers at this time but will become the only conceivable way to move forward into the future. He has stated that technology will go from using smartphones and computers to turning off lights and making coffee. Companies will eventually be in competition to create new technology and applications to help consumers in their every day lives.

Jason Hope believes technology will make life safer and help in the elimination of waste. In regards to public transportation technology has enabled maintenance issues to be monitored better for trains. Bus routes use real-time mapping for the avoidance of dangerous road conditions. As technology continues to improve more people will use public transit and there will be less traffic on the roads. This will result in less pollution and accidents. Hope believe the beginning of the future is the Internet of Things.

One of Jason Hopes biggest passions is the SENS foundation. Their focus is on anti aging leading to a better life. They are trying to combat diseases that affect the lungs, heart and mind.

Hope also believes in scientific research to promote innovation, break down walls and provide a better future. He supports numerous charitable foundations for this purpose.

Find more information about Jason Hope on Crunchbase.

Anthony Petrello, Leading CEO And Remarkable Philanthropist

Antony Petrello also referred to as Tony, is the chief executive officer of Nabors Industries. Nabors Industries is an affiliate of the Nabors Exchangeco based in Canada. Nabors Industries is the world’s leading oil and gas drilling contractors. Nabors Industries appointed Tony as the chairman of the Nabors Industries Ltd board in 2016. He then served the company as the deputy chairman from 2003 to 2012. In some of his other remarkable roles, Tony serves the MediaOnDemand.com as the director as well as the Texas Children’s Hospital, Inc. from February 2011 as the acting director.

In his role at Nabors Industries, Antony has honed his skills and garnered substantial experience when it comes to the company’s operations. He has served Nabors Industries for a long time offering services which include strategic plans, ensuring implementation of the company’s plans, linking with current and potential investors, and recruiting people for the company’s top positions. His steadfast loyalty to the company is what resulted in his promotion to CEO after the previous CEO left the company. Since he began his tenure at Nabors, the company has increased the price of its shares by 180 percent. Tony’s outstanding ability to foster healthy relationships with investors of the business is what has led to its remarkable success.

Anthony is also known for his charitable contributions towards noble philanthropic courses. These are mainly in his community of Houston. After his daughter had been diagnosed with PVL (Periventricular leukomalacia), Anthony got interested in the neurological disorders in children. In the course of finding a way to assist his daughter, he became involved in understanding neurological disorders and offering help where he could. He contributed over seven million dollars to Texas Children’s Hospital neurological research center. Petrello is not only involved with the financial support as well as advocacy for kids with extreme impairment needs, but he is also a member of the board of trustees at the Texas Children’s Hospital. Speaking on the issue, Petrello said he was quite disappointed by the lack of children’s research facilities in neurological disorders. Petrello can be termed as a ‘well-acclaimed’ philanthropist who is vested significantly in medical issues and provides ample support to the medical community regarding finances.

Anthony has a remarkably well-decorated portfolio. He has an incredible educational background having studied at the Harvard Law School where he attained a J.D degree. He also studied at the Yale University and achieved an M.S degree in mathematics.

Town Residential Scores Tenth Office

Town Residential has been successful since they first started out. They hit the ground running when it came to their real estate business and they have not looked back since they first started out. When Town Residential first started, they knew that they wanted to provide a high level of service to all of the clients that they had. Since that time, they have always been working toward big goals for their clients and this is something that they have been able to do when they are making things better for each of the clients that they have.

 

The clients are the most important part of Town Residential. This is something that they have been able to work with because they know that their clients are getting the most out of the different situations that they are in. When it comes to customer service, they work hard to improve the way that they do different things with their business. They know that they will be able to do more in their business if they only focus on their clients. By giving them everything that they want, they can build up the amount of business that they have.

 

Since there is not a lot of space in New York City to develop new structures, Town Residential has had to come up with other options. They are now ale to restore buildings for their clients to live in and this is something that has truly set them apart. They find old buildings and bring new life to them by making them into apartments and luxury living options.

 

It has been less than half of a decade since Town Residential first started out. They have only been in business for a mere three years and they have done so much in that time. They have worked hard to provide for their clients in that three years and it has paid off. There are many ways in which Town Residential has done things for their business. They have worked hard in three years and it has been a big way that the company has improved. Within the three years that they have been in business, they have done more than some of the biggest real estate companies in New York City did prior to them.

 

With the ten offices that they now have in Manhattan, they are prepared to serve even more clients. In the past, their clients had to travel across the city to get the help that they needed from Town Residential. People can get to the new office easily, it is much larger than the rest of the offices and the view that it has overlooking the Hudson isn’t too bad, either.