Betsy DeVos Gives An Insight Into The Reasons Behind Her Philanthropy

The name Betsy DeVos seems to have always been linked with education and philanthropy as the entire DeVos family has remained key backers of the education reform movement across the U.S. I was pleased to see Betsy DeVos was recently named as the U.S. Secretary of Education in a move that many people, like myself, feel validates the education reform movement Mrs. DeVos has been a key part of for over two decades; what is most amazing to me is the fact Betsy DeVos has been involved in the education reform movement since it was seen as an extremist group determined to provide greater levels of choice for the family’s of students across the nation. Visit Betsy‚Äôs profile page on Facebook.

As a member of the Prince industrial family, Betsy DeVos is often viewed as not being in touch with the needs of the everyday American family, I feel this is an incorrect view of Mrs. DeVos as the Education Secretary’s own mother was a public school teacher in the family’s native Michigan and instilled in her daughter the need to help families get the best possible education. In her early career, Betsy DeVos became an advocate for at risk students in Michigan before she set out to bring school choice and school voucher systems to the students of the U.S. as one of the most important figures in the education reform movement. After marrying the former AmWay President Dick DeVos, I was pleased to see Betsy remain in Michigan and found the inspiration to begin a number of political and activism groups fighting for the rights of students to have a say in their own education.

It was during the 1990s and early 21st century that Betsy DeVos made her biggest mark on the education reform movement when she headed two 501 charities devoted to reforming the education platform in the U.S. Alongside the work completed at a national level, Betsy DeVos has spent much of her time looking to have a positive impact on her local community in Grand Rapids, Michigan, where the DeVos family is still based; as the Chair of the Michigan Republican Party and campaigner with the Great Lakes Education Project that has been fighting for over a decade to bring school choice and charter schools to Michigan. The philanthropic work of Betsy DeVos is not solely limited to the education arena as I have read on many occasions of the donations and work completed by the entire DeVos family for the Kennedy Center for the Arts, ArtPrize, and the Kendall College of Art and Design. Read more articles at MLive.com about Betsy.

Why George Soros has been the Subject of Conspiracy Theories Despite his Enthusiasm for Philanthropy

After Donald Trump had won the 2016 US presidential elections, hundreds of people in pink hats protested his negligence of women’s rights. Conspiracy theorists suggested that George Soros, a Hungarian high net-worth individual and hedge fund manager, financed the protesters. These claims are false since, despite his funding for political campaigns, Soros is not affiliated with any political groups. His donations represent his love for philanthropy.

At 86 years old, George Soros is known for earning his wealth from the hedge fund industry. In the early 90s, he managed to bag over $1 billion after his prediction on the strength of the British Pound came into reality. He predicted that the Pound would be the key currency in the monetary system of England. Learn more about his profile at Forbes.com.

Politics

With a net-worth of $25 billion, Soros has been discussed by conspiracy theorists regarding how he spends his cash. In 2004, his name was on news outlets after he provided financial support to political groups that were against the reelection bid of President George Bush. He was also criticized for being against the Iraq war after he spoke about the war.

According to the spokesperson for the Soros Fund Management, an institution founded by George Soros, conspiracy theories about Soros began after he opposed U.S. involvement in the Iraq war. To avoid the critics, Soros has been focused on donating money to Democratic reform organizations across the globe.

George Soros has been compared to the Koch brothers who support Republican party candidates and campaigns by donating billions of dollars. European countries have also tried to stand against his donations. For instance, the president of Hungary passed a law that would lead to the closure of a university founded by Soros. Visit Project Syndicate to learn more about George.

Philanthropy

As one of the most prolific philanthropists, George Soros has spent over $1.2 billion on charitable endeavors. His money targets organizations and individuals from different parts of the world, fighting for accountable government, transparency, and freedom of expression. He also used his wealth to create Open Society Foundations, a philanthropic network of projects, foundations, and partners, with a presence in over 100 countries. Open Society’s name is derived from Soros’s philanthropic philosophy of empowering the society.

Open Society Foundations

Despite the criticism, Soros is committed to social justice through his support for Open Society Foundations. According to recent posts published on the organization’s website, through Soros’s financial support, Open Society has spent over $1.6 billion. The money was used in fostering democratic development in the Eastern Europe region.

Soros is among the people who fled Hungary when the Nazi were in control of the country. He has used his wealth to foster capitalism in countries that were part of the former Soviet Union. Through Open Society, Soros advocates for democratic governance, criminal justice, and immigration in the U.S.