Elizabeth ‘Betsy’ Devos was born January 8, 1958. Betsy is the only daughter of billionaire industrialist Edgar Prince , the founder of ‘Prince Corporation’, a supplier of auto parts. Betsy grew up in Holland, Michigan. She was educated in a private high school and graduated from Calvin College in Grand Rapids, where she earned a bachelor’s degree in business administration and political science. According to the magazine ‘Philanthropy’, during her student years, Devos ‘participated in the political life of the campus’. That is until she met Richard Marvin ‘Dick’ Dict DeVos, a multi-billionaire who ran the controlling company Amway, Alticor, from 1993 to 2002. One of the sons, Rick, works as a consultant for urban development in the company ‘Windquest Group’. Follow Betsy on Twitter
The Devos family actively participated in the republican policy for many decades, especially as donors for the needs of various candidates and parties. Since 1989, Betsy Devos have donated more than $ 17 million in 1997, of which Betsy wrote: “We expect the arrival of a good and honest power. We expect the strengthening of a conservative regulative philosophy that speaks of limiting power and respecting traditional American virtue. ” In 2010, Betsy and Dick donated $ 22.5 million to develop a project that became known as the Devonian Institute of Art Management. Currently, this organization trains, advises and supports art managers. When it became known that the Devas are planning to make a donation to the Kennedy Center, Betsy said she asked the president of the center, Michael Kaiser, to see that the given millions went to art and to training artists, and not to the professional training of managers who hire Artists’. For commercial independent (charter) schools, Betsy stated that education is a ‘closed system, closed industry and a closed market’. DeVos believes that the opening of the education market will significantly increase the choice for parents, where “privatization of the American public education system” is taking place today. ”
It is known that the family fund of Dick and Betsy, ‘The Dick & Betsy DeVos Family Foundation’, was launched in 1989. According to the Devos family, money is allocated to “leadership cultivation, accelerating transformation and effective support in five areas”, namely: education, training, art, justice and leadership. This must be why ‘Betsy’ was such a perfect fit for the board of the Foundation for Excellence in Education , a think-tank established by Jeb Bush, who announced his desire to “build an American education system that will help every child realize their God-given potential.” In 2015, the foundation’s charitable contributions amounted to $ 11.6 million. This is one of many profound contributions made by the appointed Secretary Of Education. All together, Dick and Betsy donated a reported $ 139 million during the Devos Foundation’s activities, placing the couple as #24 in the The ‘Forbes’ list of ‘Best American Donors of 2015’. Visit betsydevos.com to know more about Betsy.