Philanthropy

Betsy Devos Philanthropic and Financial Giving In Education Sector

Betsy DeVos is the current U.S education secretary. U.S President Donald Trump nominated her and was confirmed by the Senate at the beginning of this year. Before this job, Betsy DeVos was an advocate for underserved children, where she championed for better education. Betsy has been in the forefront as the voice of parents with the aim of establishing sustainable educational reforms that foster quality and equity in education policy. She has headed a variety of movements that empower parents and give them more educational choices for their children. She has fostered the creation of new educational opportunities for the less fortunate students in Columbia District and other states in America. She also worked in the Windquest, a firm that specializes in investment management as the chairperson. She serves on boards of different civic and charitable organizations such as Kids Hope USA, Kendall College of Design and Arts, and Kennedy’s Performing Arts Centre. Check her website for more info at betsydevos.com.

Personal Biography

Her passion for education and empowerment of students began when she witnessed firsthand the inequality that prevailed in the education sector. Her mother took her and her siblings to school, and the reality dawned that not every child in America had access to quality education. The local leaders in her hometown formed movements to push for an increment in the educational opportunities, a move that greatly inspired Betsy DeVos.

As a result of the desire to help others, she has been active in various political movements and organizations to provide better opportunities across the nation. DeVos graduated from Calvin College in Michigan with a bachelor’s degree in Arts. She’s married to a fellow activist, educator, and philanthropist Dick DeVos, whom together they have five grandchildren from their four children.

Betsy DeVos Philanthropy History

Betsy DeVos family boasts of unsoiled history in the world of philanthropy. Speaking to the Philanthropy Roundtable magazine, she revealed that when her children attained school going age, she took them to the best schools money could pay. However, while at a visitation In Potter House Christian School with her husband, she realized tuition fee was not affordable to some of the parents in the school, despite being a local school. However, the lack of tuition fee did not weaken their will to educate their children. On seeing their resilience, the couple decided to visit the school again. Betsy and her husband Dick singled out the most vulnerable students in the school and started paying for them. To this day, the couple financially supports the school significantly. She pointed out that Florida has been their biggest success due to the tax-credit sponsorship programs. The program has fostered widespread educational choices supporting over 50,000 students who are attending schools of their choosing. DeVos’ plan is to expand the support policy into other states. Visit Betsy’s profile on Twitter.

George Soros becomes greatest investor with pet theory of reflexivity

George Soros was born in Hungary in the year 1930. Growing up in an increasingly violent and anti-semitic environment, the young Soros was witness to the horrors of nationalism run amok. During the late 1930s and into the war, Soros lost members of his extended family to the Nazi death camps.

His father was astute enough to leave the country before the Nazi invaders had a chance to do to his children what they had done to his brothers and sisters. This instilled in Soros a sense of urgency and a deep need to understand the methods by which nations may be driven to such political extremism and ways to stop it.

The young Soros took a keen interest in philosophy, enrolling in Oxford University in the mid -‘40s. There, he studied under famed philosophy professor Karl Popper. Popper’s book, The Open Society and Its Enemies, became a major influence on Soros’ early intellectual development. It would inform his worldview for years to come and heavily influence his own thinking regarding the financial markets.

Soros continued studying under Popper, eventually receiving a master’s degree in philosophy. After a period of working a number of odd jobs around England, Soros decided that such menial tasks were not his calling. He applied, at the behest of a college friend, to a small Wall Street firm and was surprised to be hired so quickly. Read more on NYTimes.com.

Many unfamiliar with Soros’ history are surprised to learn that he was not a distinguished employee at the string of investment houses where he worked between the ages of roughly 25 and 40 years old. Coworkers from this time in his life recall a man who was less interested in the mendacity of work life and more interested in expounding his own philosophical treatises. It was during this period that he developed the theory of reflexivity, a unique theory of the operations of markets which relied on the fact that the participants themselves could affect the valuations of securities.

At first, experts scoffed at the notion, citing the reigning orthodoxy of the time, such as the efficient market hypothesis and other schools of thought, which held that markets perfectly accounted for all available information and that market participants always acted rationally.

By stark contrast, Soros’ philosophy held that the markets were often times completely irrational and valuations depended heavily on the perceptions of those doing the valuing. Soros would ultimately have the last laugh.

At the age of 40, Soros was given the helm of his first hedge fund, Soros Fund Management. Over the next 40 years, this fund and its successors would return over 25 percent per annum, one of the most impressive track records of any investment manager in the history of markets. Today, George Soros is widely regarded as the greatest investor in history.

Follow George Soros on Twitter.

The Mission of Dick DeVos

Dick DeVos is a prominent member of the DeVos family, a family that has not only contributed much to their beloved community in the state of Michigan, but also a family that continues to give back to worthy organizations across the country in order to make sure that the success of the DeVos is translated into the well-being of others. Dick DeVos has many attributes including the fact that he is not only a well respected individual within the community of business, but is also an individual who continues to uphold the philanthropic responsibilities that his family started many decades ago.

 

Dick DeVos is a businessman, an entrepreneur, a leader, a father, as well as a family man who has dedicated his career to business and to creating a great life for his family to come and the many more generations of DeVos to come in the future. Dick DeVos wants to spread the family legacy in order to make sure that greatness continues to occur and in order to make sure that individuals in even the most impoverished communities are assisted. Dick DeVos is a loving man and has had the rare luck of knowing exactly what he has wanted to do even from a young age in life. Dick DeVos has wanted to follow in his father’s footsteps even since an early age and has continued to make his father proud and to exceed any expectations.

 

What makes Dick DeVos so famous is not only his wealth of over $5 billion, but also his contributions to communities across the country that are in the name of his family. One of the organizations that Dick DeVos is the most passionate about giving back to is the organization that involves creating education opportunities for individuals who have little to no money to pay for a higher level of education. Dick DeVos believes that the secret to economic growth is to make sure that everyone receives an excellent education to build the overall human capital.

 

Dick DeVos has always believed in the quality of an education. As an individual who received his degree in economics from Boston College, Dick DeVos understands what it is like to work hard and continues to support many education initiatives within the United States. Dick DeVos hopes to not only expand the legacy of the DeVos family, but also hopes to continue to improve the lives of others.