The John F. Kennedy Center for The Performing Arts has exceeded their speculative fundraiser prospects regarding an imminent and approved amplification venture by a staggering $50Million.
This fundraiser began in 2013, with an initial projected objective of $125Million, however during the last three years the architectural development scheme has been altered, and the total estimated cost for design and construction has reached $119.5Million.
The outstanding contribution of $22.5 Million bequeathed by the benevolent and philanthropic Dick and Betsy DeVos is overwhelming.
Dick DeVos a native of Michigan is a renowned businessman and generous philanthropist. His father Richard DeVos is one of the creator’s of Amway in 1959, a multi-level marketing prototype company merchandising various commodities to consumers worldwide. Their main focus is on health, beauty, domestic products and dietary supplements.
Dick DeVos possesses a Bachelor’s degree in business administration from Northwood University and prestigious accolades with doctorates from Grover City College, Central Michigan University and Northwood University. He also attended Harvard Business School and Wharton School studying executive programs.
In 1974, Dick commenced working at Amway Corporation in various capacities in the departments of research, improvement, manufacturing, marketing and assets. In 1984 he was appointed as Vice President of the company, and under his authority and control new prospering markets were formed and international marketing tripled and even surpassed domestic transactions.
In 1991 he purchased the National Basketball Association’s Orlando Magic and was named President and Chief Executive Officer of the team. In 1993 Dick DeVos returned to Amway.
In 2000, he supervised a dramatic overhaul of the company’s structure that created Alticor, the new holding company of antecedent Amway Corporation.
Dick pensioned off in 2002 from Alticor and became President of Windquest Group, a private expenditure firm with interests in technology, production and other interests.
The Dick and Betsy DeVos Foundation, founded in 1990 donates liberal funds to American Education Reform Council, Choices For Children, Children First America and also appropriations to Christian Schools in West Michigan. There are also ongoing contributions to civic, artistic, educational, community, and promoting free enterprise and economic organizations.
In 2012, Forbes Magazine portrayed Dick DeVos as the 67th wealthiest individual in the United States, with a net worth of $5.1Billion.