Betsy DeVos was born as Elisabeth Prince in 1958 and grew up in Holland, Michigan. Her parents are Edgar Prince, a billionaire business magnate, and Elsa Prince. She married Dick DeVos in 1980 and they have four children; two sons and two daughters.
Betsy is the Chairwoman of The Windquest Group, a company she co-founded with her husband. The company is an investment management organization, mostly in the fields of manufacturing, technology, and clean energy. One of the companies that they have invested in is Neurocore. Neurocore is a chain of therapy clinics that provides patients with therapy that are suffering from depression, autism, anxiety, and attention deficit disorder. Betsy, along with Dick, are the biggest investors behind the company.
Throughout her life DeVos has been involved in philanthropy, and in 1989, along with Dick, launched the Dick & Betsy DeVos Family Foundation. This is a faith-based charity that supports education, arts, justice, leadership, and community. Forbes recently ranks dbdvfoundation.org as twenty fourth on its list of the largest givers in the United States. Among the nonprofit organizations they have given to are Focus on the Family, the Foundation for Traditional Values, and Baptists for Life.
One of the programs the foundations supports is the Helen DeVos Children’s Hospital Pediatric Oncology Program. Based at the Helen DeVos Children’s Hospital in Grand Rapids, Michigan, this program works on developing drugs for a number of childhood cancers through a global network of universities and children’s hospitals. It has been reported that the program has seen a large advancement in research into neuroblastoma treatment therapies.
In addition to having served on the Board of Directors for the Kennedy Center for the Performing Arts, Betsy and Dick have supported the art center with over $22.5 million in donations in order to create the DeVos Institute of Arts Management. The institute provides an education to train people to operate an art institution including hiring artists, managing funds, and overall management. In additional funding of the arts, the Dick & Betsy DeVos Family Foundation started ArtPrize in 2009. ArtPrize is an annual global art competition that gives $200,000 to the winner and about $500,000 total. The competition, held in Grand Rapids, Michigan, involves both the general public and professional artists in determining the winners in four different categories; Time-Based, Installation, Two-Dimensional, and Three-Dimensional.
An educational institution that the foundation helped create is the West Michigan Aviation Academy. The academy provides high school aged children with the opportunity, tuition-free, to obtain the knowledge and training needed to enter the aviation industry. Today the academy can house up to 400 students and had its first graduating class occur in 2014. Visit her website at www.betsydevos.com.