Dick DeVos, making a difference in Education Sector of America

Dick DeVos is not only a famous entrepreneur but also a philanthropist at heart. He is quite well known for his humanitarian work for the American community and has brought a lot of remarkable changes in the society. He is a staunch supporter of carrying out reforms in the field of education. His selection of schools, charter school system and school vouchers have played a pivotal role in raising the quality of education all across the country. He recognizes the importance of education in life, and that is why he believes that every single child in America should be helped to pursue his dreams by getting an education. He is of the view that the quality of education in America is getting weaker day by day and it needs serious attention by the government. He also believes that all the wealthy people in the country should focus on the education of poor people.

 

 

Mr. DeVos contribute a major sum of his philanthropic contributions in the education sector. Dick along with his wife Betsy DeVos who is the current U.S Secretary of Education has allocated more than three million dollars in the year 2015 for various educational ventures. This amount is equal to almost twenty six percent of their annual donations. Both of them donated almost eleven and a half million dollars in 2015 which is almost double the amount of the political contributions that they made in the past five years. This shows their commitment and devotion to the field of education. They have also established a foundation named Dick and Betsy DeVos Family Foundation to manage, monitor and control the efficient utilization of funds.

 

 

The recent report on their donations revealed that both Betsy and Dick had donated almost one hundred and thirty nine million dollars up till now. Not only the husband and wife are famous for their philanthropic work, but Dick’s father is also known for his humanitarianism all across the country. In 2015, when their assets and finances were analyzed, the world got to know that from their contributions, sixteen percent goes to the community whereas twelve percent goes to public property. Thirteen percent of their net worth is designated to leadership and development, five percent for health and care services and four percent of churches.

 

 

Dick is quite well known as a community support activist in Grand Rapids, his hometown. He has helped in Performance Hall, Van Andel Arena, Grand Rapids City Market, convention center, medical school of Michigan State University. He also gave charity for the construction of a children’s hospital under the management of Spectrum Health System by donating twelve and a half million dollars.

 

 

George Soros is Still a Guiding Light in The Financial World

Everyone has no doubt heard of George Soros at this point. He was the one man whose name seemed to be uttered by the media more than both candidates combined during the 2016 United States Presidential election. Soros is an avid supporter of progressive political agendas, and works diligently with a great many philanthropic and charitable organizations all over the world to help those less fortunate to have a better life. He is also a driving force behind a great deal of social activism and justice activities in the US.

So how did a man who was born in Hungary in 1930 come to be one of the most respected, wealthiest, and powerful individuals in the world today? The simple answer is through hard work and determination, not to mention careful choices, and a natural talent for being able to look at the bigger picture no matter what the subject was. Born a Jew in Budapest right before the occupation of Hungary by the Nazis, George didn’t have a traditional childhood. He had to struggle to survive, along with his family and countless others, in the face of unspeakable oppression. Learn more about this article at washingtontimes.com.

When he was older he fled the country, and headed to England where he soon took a job as a railroad porter, and later a waiter, in order to not only support himself but to attend the London School of Economics. After graduating, he was able to get his first job in the world of finance when he took a position at a merchant bank. From here he built a reputation for having a talent with numbers and the growing of money. He soon found himself being in demand and moved to New York City, where he started his first fun in 1969 with only $12M. The fund, which would later be known as the Quantum Fund, would prove to be one of the most successful of its time, and out of its success grew the foundations of Soros Fund Management.

SFM, George Soros’ family firm, currently has over $30B in assets in holding and is considered to be one of the most respected fund management organizations in the world. Recently, Soros made a move to ensure that it stays that way for the long-term future when he appointed Dawn Fitzpatrick as SFM’s new CIO. In the position, Fitzpatrick, the seventh CIO since 2000 for the firm, will helm all portfolio activities and help to ensure that the excellence and success that Soros Fund Management is known for remains unequaled.

Read more: http://www.businessinsider.com/george-soros-billionaire-investor-profile-2017-1

George Soros is a man who is well known for a wide variety of reasons, but it is safe to say that he is a man of many layers whose brilliance and devotion to the public good are still being discovered by most. George Soros is a great example of a model human being, who has persevered and overcome and in the journey he has taken found a way to give back without reservation. Learn more about George at Biography.

Dick DeVos personally creates phenomenally successful charter

One of the most heated debates in the United States today is what to do about the country’s failing educational system. Public schools in the United States have been on the decline for the last 50 years. Paradoxically, this decline began shortly after the civil rights era, an era that promised sweeping reforms that would give equality to all people, no matter what the color of their skin was.

 

However, for a variety of reasons, that dream was never reached. In fact, the opposite trend has since taken hold. Today’s public schools are worse off, on average, then almost any school that was seen prior to the year 1960. In California, as many as half the state’s public school students are unable to read at even a basic level. These kids are going into adulthood as functionally illiterate workers, a grievous handicap, which all but ensures that they will never be employable in the advanced economy.

 

Some cities have truly shocking levels of public scholastic failure. In the city of Detroit, for example, nearly all public school students score below proficient on standardized tests of math and science skills. They do little better on reading comprehension or writing. These schools have failed and are creating a generation of students who will likely be unable to support themselves or contribute anything meaningful or a value to modern society.

 

But one man has decided to take a stand and do something about this horrendous level of academic failure. Dick DeVos has long been a strong proponent of one of the only solutions that has ever been demonstrated to work for inner-city and disadvantaged school children. Long one of the country’s staunchest advocates of charter schools, DeVos has not only advocated on behalf of this novel institutional structure, he has put his money where his mouth is and created charter schools himself from scratch, spending hundreds of millions of dollars of his own money on longshot bets that had no guarantee of succeeding.

 

However, many of his projects have not only succeeded, they have hit the ball out of the educational park. One of these charter schools that DeVos has created by his own hand is the West Michigan Aviation Academy. West Michigan Aviation Academy is a charter school that caters to all students but focuses particularly on disadvantaged youth from around the West Michigan area. Its focus of study is aviation and the aeronautical sciences, one of the most in-demand fields in the advanced economy today.

 

The academy has been so successful that it actually has year-long waiting lists to get in and has started to become more selective about the individual students who are allowed into the program. In sharp contrast to the local public school systems, almost all students who graduate West Michigan Aviation Academy are 100 percent proficient in all subjects.