Dick DeVos is one of the richest men in America. And according to Forbes magazine he is also one of the most generous. According to the magazine, DeVos, the co-founder of Amway and owner the Orlando Magic basketball team, along with the rest of his family gives about $94 million a year to charity. So far they have given away $1.2 billion in total to philanthropic causes. That makes them 20th in the world when it comes to charitable giving, according to Forbes. The bulk of their charitable donations has gone to education, health and community services, churches and faith-based organizations and arts and culture. The family says it is sharing this information to encourage others to give generously as well.
As soon as he became wealthy, Dick DeVos began giving money and material support to charitable causes throughout Michigan, especially in Grand Rapids where he grew up.
The DeVos family now has five family foundations through which they give to philanthropic causes and organizations. They are the Richard and Helen DeVos Foundation, the Cheri DeVos(CDVS) Foundation, the Daniel and Pamella DeVos Foundation, the Dick and Betsy DeVos Foundation and the Douglas and Maria DeVos Foundation. They also offer advice and guidance to the organizations to which they give money.
Amway was founded in 1959 by Dick DeVos and Jay Van Andel his childhood friend. The direct sales behemoth now earns about ten billion dollars annually. Dick DeVos has an estimated net worth of $5.7 billion. That means he’s now Michigan’s second richest resident. About half of the donations the five DeVos foundations give goes to organizations located in West Michigan where the company began. Each of the foundations focuses their giving in specific areas. The Doug and Maria DeVos foundation, for example, give lots of money to the public schools in Grand Rapids.
A major goal of Dick DeVos and his family is to improve the quality of life for all the people throughout West Michigan. They want everyone to know they’re important and their lives matter. Donations from the DeVos family also helps provide food, clothing, shelter, showers, access to job training, jobs and a variety of social serves for the poorest residents of the region.