Philanthropic and Business Activity of Betsy DeVos

One of the most influential women in the United States of America currently is Betsy DeVos. She has been known for many things that she has done, but the most prominent aspect of her activities has been the philanthropy work that Betsy DeVos has been dedicated to for many decades of her life and career.

The most recent, and probably the largest responsibility that Betsy DeVos has ever assumed, is the position of US Secretary of Education. Betsy DeVos was appointed to the important post by the current president of the United States of America over the course of Trump’s mandate. One of the first actions that Betsy DeVos took as the new US Secretary of Education was to introduce the voucher system for private schools. In spite of the fact that the system was met with mixed feelings from the public, the voucher system has been growing in popularity over the past couple of months.

Betsy DeVos spent her early life in the town she was born – Holland, Michigan. She attended a Christian high school and later enrolled to receive her graduate degree in the city of Grand Rapids, also in the state of Michigan. The maiden name of Betsy DeVos is Elizabeth Prince. The Prince family is a very influential one. Most of the members of the Prince bloodline have been involved in business, finance, and entrepreneurship. Edgar Prince, Betsy’s father, founded the giant Prince Corporation selling car parts. Most of the Prince family members are also philanthropists. Betsy’s parents – Edgar and Elsa Prince, have been dedicated philanthropists for many a decade. They have made billions of dollars in donations to all kinds of charities.

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

Over the course of her career, Betsy DeVs has done a lot for a vast number of institutions especially schools and universities and colleges. Education has always been the in focus regarding her philanthropy work. Betsy DeVos is also serving on a few school boards.

Along with her other responsibilities, Betsy DeVos is also a businesswoman. She is working at a few leadership positions including the Windquest Group and the Dick and Betsy Family Foundation. The Windquest Group was founded by her husband – Richard “Dick” DeVos and the Family Foundation was established by the couple almost twenty years ago.

Richard and Betsy DeVos have been making up one of the most influential couples in the United States of America. Both of them have invested millions of dollars in donations as individuals. At the same time, The Dick and Betsy Family Foundation has also been making generous donations. The couple of Richard and Betsy has actively invested their contributions in the education sector, but they have also been supporting the Republican political party. Read more articles at MLive about Betsy.

George Soros: From a Humble Beginning to a Billionaire and Philanthropist

George Soros, the well-known hedge fund manager and billionaire, is admired by the people for his philanthropic contributions and his political and social activism that are aimed to create a community that is driven by equality. He disapproves any type of discrimination and fights against all the odds in the society. Interestingly, Soros has set up open society foundations across the world which carries the message of everyone expressing their opinion without any bias and creating a community of equals. He is a staunch critic of President Donald Trump and his divisive policies. Soros fears that the closed market policies of Trump and hatred speeches and actions towards ethnic minorities can cause significant consequences in future. Read more about George’s life story at biography.com.

Soros had a humble beginning and born in Hungary as the son of non-practicing Jews in 1930. He and his family escaped the Holocaust and relocated to England, where he enrolled at London School of Economics. During that time, Soros started reading the books Karl Popper, the Viennese-born philosopher, whom Soros describe as his “spiritual mentor.” Through Pooper’s works, Soros came to know about open societies which became a major thought for his activism for the rest of his life. An open society formulates universal principles, looking for the welfare of every human being, and rejecting any “closed societies.” Soros started his career with a London-based brokerage firm called Singer and Friedlander. Later, he relocated to New York and began working as a stock trader on Wall Street. In the year 1969, he established Double Eagle Fund with a capital of $4 million. Read his profile at Forbes.

After four years, Soros established Soros Fund Management, and it grew consistently in the market and reached $1 billion value by 1985. Ever since he tasted his success in his ventures, Soros was very keen on charitable contributions and his open society foundations. It is surprising to know that he was spending as many as $300 million a year for various philanthropic activities by 1993. In the initial years, George Soros gave more importance to Central Asia and Eastern Europe. His open society foundations have a foothold in at least 70 countries as of today.

Soros was influential to a number of organizations which shaped the societies around the world. He played a crucial role in the democratic processing in Eastern Europe and contributed to the education, healthcare, and support for children from financially disadvantaged backgrounds in U.S. and around the world. Currently, he has a fortune of $25.2 billion, and his Soros Fund Management has assets more than $30 billion. The charitable contributions of Soros amount to more than $13 billion until the day. He earned most of his fortunes through risky currency trade business, and he invests in all the major financial markets around the world.

Changing Political Funding With End Citizens United

The End Citizens United PAC is one I have been very impressed by over the course of the last few years since the group was formed in 2015 with a sole aim of overturning the unfair Citizens United ruling of 2010. End Citizens United has been working towards this aim since just 2015 when citizens like myself began to become concerned about reports of huge levels of donations pouring in to candidates on both sides of the political spectrum in the U.S. I share many of the concerns of End Citizens United that the corruption that is made possible by the ruling could see the people of the U.S. sidelined in a political sense in favor of a ruling elite of donors who have the financial muscle to back candidates sharing their political outlook on the world.

 

End Citizens United have been picking their way through the minefield that is political finances and elections in the 21st century and impressed me with their own adaptability over the way they conduct campaigns. As a young PAC, End Citizens United has recently been looking to build ties with other political groups that share its ambitions for overturning the Citizens United decision and allow cross group ties to be built that can benefit groups who have a similar political outlook on the world; I believe the divisive nomination of Education Secretary Betsy DeVos played a key role in focusing the End Citizens United group on building bridges with their fellow left leaning political groups who the group now work alongside to fight for the rights of millions of American’s.

 

Tiffany Muller, President of the End Citizens United PAC revealed her belief the rise in campaign contributions that recently hit $4 million over the course of just three months at the start of 2017 is based on the chance to fight back against the rise of wealthy donors and the political right wing across the U.S. In my own opinion, I believe Tiffany Muller is correct in her own view of why the End Citizens United group has become so successful in such a short space of time; the political engagement of younger people has rarely been higher as the battle against wealthy political donors has become a major part of the work completed by the PAC. The rise of the Super PAC groups has become a major part of the work of End Citizens United who are fighting to make sure the public always has a view of who is backing major Super PAC’s and which candidates for office at each and every level of the U.S. political landscape are working to bring fairness back to the political landscape of the U.S.