No Strings Attached Giving from Dick Devos

I find that good deeds are often less likely to garner as much attention as things that people view with disapproval. Dick Devos has been criticized by many for his political donations but only recently has the amounts he has given to charity come into the light. If you compare the two his philanthropy does not in any way match his political donations; it exceeds it by far. It amazes me how each year their donations keep rising.

 

Dick Devos and his wife Betsy are interested in education charities and also organizations that support education in different states. They have given up to $3 million to education-related causes. They have also donated large sums to groups that are involved in attempts to modify education in the United States. They believe that better education system can provide give a chance to children growing up in low-income areas to better their lives and achieve their goals. By supporting attempts to improve the education system they give the children a chance to achieve their dreams.

 

They also feel the need to help teachers become more effective in the classroom in order to assist their students better. Over the years their donations have helped specific institutions for instance in the year 2013 their donations benefitted Compass College of Cinematic Arts in Grand Rapids which got fifty thousand dollars and Rehoboth Christian School. Another beneficiary of the Dick Devos generosity is Arts and Culture. They donated two million in 2015, a large percentage of their total donations.

 

They also donated $22 million to open the Devos Institute of Arts Management at the University of Maryland. Other causes they support include Health and leadership and development. Dick Devos and his wife do not put restrictions on the use of the money they donated as their main agenda is that, a difference is made in someone’s life. Their gift to the Spectrum Health Foundation is a good example. They also support churches such as Willow Creek.

 

About Dick Devos

Dick Devos is the CEO and President of the Windquest Group. He studied at Northwood University where he got his Bachelor of Business Administration degree. He worked at Amway International for six years beginning in1984 and for nine years beginning 1993. He has held various positions in a number of other organizations including Willow Creek Association, The Grand Action Committee, and West Michigan Aviation Academy. He serves on the boards of various organizations.

 

He is married to Betsy Devos, and they have four children; Ryan Devos, Andrea Devos, Richard Devos III and Elisabeth Devos. Dick and his wife founded the Dick and Betsy Devos Family Foundation. Dick Devos and his wife’s donations have inspired their children to give too.

 

The Impact of Eric Lefkofsky

A well respected entrepreneur and business leader, Eric Lefkofsky has been making an impact on the business world for quite some time. A native of Michigan, Lefkofsky has demonstrated a unique ability to build and sustain businesses. On top of his incredible business success he is also known for his philanthropy and giving back to the community and more information click here.

Eric Lefkofsky grew up in Southfield, Michigan. From a young age he learned the value of hard work from watching his parents. His dad was an engineer and his mother worked as a teacher. Lefkofsky followed their lead, worked hard and eventually attended the University of Michigan where he graduated with honors. Just a few years later he would receive his Juris Doctor University of Michigan Law School. Lefkofsky had built a foundation that would help him tremendously as he entered the business world and learn more about Eric.

After law school Lefkofsky chose to start a business with his longtime friend Brad Keywell. They got a loan and began an apparel company called Brandon Apparel.It would be the first of several businesses. About six years later this duo would create the company Starbelly, a company that specializes in promotional products. Other companies that Lefkofsky was a part of include InnerWorkings, Echo Global Logistics and MediaBank. He was also the CEO of Tempus. Tempus is a a health-tech company that has taken on the tremendous challenge of modernizing cancer treatment.

Lefkofsky is perhaps best known for his work with the company Groupon. Lefkofsky co-founded and provided $1,000,000 in funding to start Groupon. The company would go on to become a massive worldwide success. The company was so successful that Lefkofsky received an offer from Google in 2010. The offer to buy Groupon was reportedly as much as six billion dollars and Eric’s lacrosse camp.

Outside of his massive success building businesses, Lefkofsky has also become known for his philanthropy. He and his wife formed a charitable trust, the Lefkofsky Foundation which supports educational causes. He is also a member of several boards including Children’s Memorial Hospital in Chicago and World Business Chicago. His work continues to have a major impact on people all across the world.

More visit: http://lefkofskyfoundation.com/about-eric-lefkofsky/

OSI Group Acquires Baho Food And Flagship Europe

Aurora, Illinois-based OSI Group announced the acquisition of Flagship Europe, a subsidiary of Flagship Food Group. A provider of sous vide products, condiments such as dressings and sauces and frozen poultry items to the food service sector in the United Kingdom.

Flagship Europe controls a large percentage of the food-to-go marketplace with its recent acquisition of Calder Foods. Headquartered in the United Kingdom, Calder Foods supplies condiment products such as sauces, party dips, marinades, and sandwich spreads.

Flagship Europe Chief Executive, Russell Maddock commented on the acquisition by the OSI Group, “This is another exciting and progressive development for Flagship Europe.” The increased resources that will become available to us, along with the access to new clients worldwide, as part of the OSI Group, will fortify our position in the marketplace, strengthen our proposition and open up new channels. This will enable us to cater to our customers better.”

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OSI Group President and Chief Operating Officer David McDonald believes the Flagship Europe acquisition will give them a greater expanse across the European continent. Flagship Europe’s diverse product line and widely recognized brands strengthen OSI Group’s position as the leading provider to the institution, commercial and consumer food service sectors.

The OSI Group continued its aggressive pursuit of food service providers with the acquisition of Baho Food. OSI Group assumed a controlling percentage of Baho Food, a Netherlands-based organization. Baho Food operates five subsidiaries, with Q Smart Life, Henri van de Bilt, Gelderland Frischwaren, Bakx Foods and Vital Convenience. It maintains production facilities in Germany and The Netherlands.

Established in the early 1960’s, Baho Food manufactures and distributes convenience snacks, highly desired delicatessen style meats, such as bologna and salami and popular snacks. The Baho Food product line serves consumers across Europe.
Baho Food Managing Director, John Balvers remains with the organization and will work closely with OSI management to ensure a seamless transition and strengthen the combined product line, as the company moves forward.

The worldwide leader in food service manufacturing and distribution Additional information and news about the OSI Group is available at http://www.osigroup.com/.

Anthony Petrello’s Journey to The Top of the Oil Industry is Nothing Short of Remarkable

Anthony Petrello’s journey to becoming the president, chairman, and CEO of the world’s foremost oil drilling company, Nabors Industries Ltd. has been nothing short of remarkable. His education, of course, has been nothing short of the best with a JD from Harvard Law School and a Bachelors as well as a Masters in Mathematics from Yale.

Before he joined Nabors and reached the acme of his professional achievements, he had had a useful stint as a Managing Partner with the firm Baker & McKenzie’s in their New York office. Over there he got useful exposure as a corporate law, taxation, and international arbitration expert and learn more about Tony.

It was however in Nabor that he found his true calling. As the head of Nabor, it is his responsibility to initiate and bring to fruition strategies that help the company meet the challenges of the highly dynamic oil and gas industry head on with the help of his accomplished staff to set new benchmarks in operational efficiency and Tony’s lacrosse camp.

One of the things that Tony Petrello has been in the news for is his fabulous salary package, which is the envy of many. He received a total compensation of a whopping $27.7 million in the year 2015. High but utterly well deserved considering what he brings to the table. It is not for nothing that Petrello has been inducted into Board of Directors of Nabors Industries. He was inducted into the executive committee of the board.

However, in 2014 Nabors did change its corporate governance and compensation practices after criticism about Petrello’s high pay effectively ensuring that he didn’t become the highest paid boss that year and Tony on Facebook.

Lloyd Groove, his freshman year roommate, remembers him as a public school educated and scholarship receiving Newark kid. Apparently, he was trying to prove something and was clearly very at good at math. Years later when he endeavored to get in touch with his old college mate, feeling quite envious of the latter’s success, an email from his former roommate perked him up. Petrello attributed his success to luck! and more information click here.

Petrello’s daughter was born with cerebral palsy, and this had led him and his wife Cynthia to commit $7 million in research to the hospitals Jan and Dan Duncan Neurological Research Institute, for their clinical program dedicated to helping children with neurological disorders.

Other Reference: http://www.nabors.com/about-nabors/board-of-directors

Sober Look at the Achievements and Philanthropy of George Soros

George Soros is a force to reckon with in the business world, and this has led to the creation of false theories that have no basis. His philanthropy work all over the world and the huge wealth that he has amassed over the years has led to the belief that he controls the world’s wealth. According to the business insider, this is because of his open support of liberal groups and their different causes. Soros, who is currently 86 years owns a successful hedge fund and his net worth amounts to billions of US dollars. He was famous for amassing a billion dollars in profit overnight after betting against the British pound back in the 1990s, and it broke the England monetary system. He did the same when Asia was going through a financial crisis, which made him a lot of profits in the process.

25$ billion is the current net worth of George Soros, according to the business insider. He has not been one to shy off from supporting his causes; in the past, he has been known to give monetary support to various political groups. He has also spoken out against political issues that he was not in support of such as the Iraq war. Due to this outspoken nature and support, many have claimed that he wants to influence political decisions. But far from this, the truth of the matter is, he has been donating a lot of funds to democratic causes all across the world, and other billionaires have been known to do so. Visit Project Syndicate to learn more about George.

The Open Source Foundations has quoted George as one of the most prolific philanthropists in the world. Soros has given out $12 billion towards different philanthropic causes as noted in an article in the open society foundation. The financing has gone to both individuals and groups all over the world. He has gone into the record book for supporting the education of South African students during the apartheid rule. Some of the other causes he has supported include, fight for freedom, transparency, a fair government and equality for all despite backgrounds or economic status. Know more on investopedia.com about George Soros.

Having been a victim of discrimination himself, he is passionate about the causes he supports. As a teenager, he nearly suffered execution in his native home, Hungary by the Nazis together with his family for being a Jew. He, later on, helped other Jews to escape the executions by the Nazis, which saw more than 50 000 Jews lose their lives. He has also been known to support the rights of the marginalized such as sex workers, LGBTI, and even drug users. To date, he continues with his philanthropy work, helping the marginalized find justice, give education to the poor and also support various political ideologies.