Category Archives

3 Articles

Posted by frammin on

Dick Devos: A Businessman and a Philanthropist

Most people have yet to see that Dick Devos is now in politics, joining his wife, the new US Education Secretary Betsy Devos. Betsy was appointed to the position in 2016, and her husband now joins her in Washington through his new appointment at the FAA. He will be on the Management Advisory Council, working alongside former transportation officials and airline executives. The council has been meeting once a quarter with the FAA to discuss new budgets, policies, regulations, and growth for the aviation industry in America.

 

There have been several years of unstable airline sales to preface this, but the FAA has been working on new policies and regulations. Recent news shows that many of the policies are in regards to security, but there are also some ways that the FAA is affecting technology and expansion in airports as well. This comes after harsh criticism that scolded aviation leaders in America for falling behind.

 

Devos is just one of the advisers on the council who comes from a business background. However, Devos is actually a blend of many fields, but his business knowledge is legendary. He comes from a background that took international sales at Amway up by a thousand percent in the 1980s, and he has been working with the Gerald R. Ford International Airport for over a decade. Now the airport is one of the fastest growing airports in the world.

 

Gerald R. Ford International Airport re-launched in 1999. Before that, it was a small airport that serviced a few business travel destinations. The CEO reached out to Devos for help, wanting to expand the airport and offer more to travelers. Devos was able to talk to the CEO of Air Tran Airways and convinced him to open up new destinations to Denver, Las Vegas, St. Louis, and Orlando. The new destinations were a hit and caused new ticket sales to pick up.

 

This continued for many years, even through Southwest’s takeover. Devos worked with the CEO to keep all of the new terminals open. Now the airport will complete a $45 million renovation in 2018 to become one of the top airports in the country. The new renovations include a business traveler center, food court upgrades, and technological advances in the terminals.

 

You can see all of the latest regulations in the news from the FAA. The FAA will have been meeting for the past year with Devos and making some changes to its policies.

 

Follow Dick DeVos on twitter.

Posted by frammin on

Jason Hope Is The Real Deal When It Comes To Philanthropy And Giving Back

For Jason Hope, philanthropy has always been something that he has partaken in. While many people, ironically, look to give so they can make headlines or improve their image, he has been quietly donating his money to causes and organizations he believes in for many years. The organizations he chooses to donate to are usually the ones that are engaged in something he is passionate about, and since he has a wide range of interests, he has been able to find plenty of areas where he can be of help.

Jason Hope not only engages in philanthropy, but he also helps others to focus on how they can be of help to the world. One of the ways he has done this is by setting up a grant, which is in place to help high school seniors and college students to get their ideas off of the ground. Instead of just handing money out haphazardly, he asks students who are interested in getting a grant to send him their idea first. He picks some of the best ideas and then helps them to turn their idea into a reality by offering them a $500-$5,000 grant.

Follow Jason Hope on Twitter

Jason Hope was born in Arizona and has donated to many local and regional nonprofits and organizations in Tempe, Arizona and the state, at large. He also donates to organizations that work on a national or global level, and one of these is the SENS Foundation. SENS works to put a stop to age-related diseases before they ever take place, and Hope has supported the foundation’s efforts by donating $500,000 in 2010. While this specific donation has caught the eye of the public and has been reported more than once, he has donated a combined amount of close to $1 million to the foundation.

Jason Hope studied at Arizona State University and earned a degree in finance while there. He also earned his MBA while attending the university’s W.P. Carey School of Business. Hope is known as a futurist, investor, entrepreneur, and philanthropist and continues to be involved in many important projects and organizations that focus on making a real difference in the world.

See: https://en.wikipedia.org/wiki/SENS_Research_Foundation

Posted by frammin on

George Soros Powerful Investor with a Heart of Gold

George Soros is an important figure in the political and economic sphere of the United States and has been so for the last few decades. Ever since George Soros moved to the United States from London after completing his studies at London School of Economics, he has come to the limelight. Whether it is starting his hedge fund that went on to become one of the most profitable hedge funds of all times, or his decision to short British Pounds and put UK’s economy to brinks of darkness, George Soros has been in the news for one thing or the other. Media loves him and follows his every move, whether it is trying his best to put Obama out of power or spending millions to make Hillary Clinton the next President. As far as philanthropy is concerned, George Soros is among the leading supporter and a generous donor to many social organizations in the world. He founded Open Society Foundations about three decades back and promotes democracy rights and human rights in nearly 120 countries around the world.

George Soros recently announced that through Open Society Foundations, he had already donated about $18 billion to different institutions. Today, OSF is the second largest foundation in the world. George Soros has donated most of its fortune towards his foundation and plans on giving the rest of what is remaining before he dies. He has donated about $800 to $900 million annually to the charity that has helped them award grant amounting to $14 billion in the past three decades. Most of the donations were given to pro-democracy, human rights causes and social justice groups. His first significant contribution was to fund the scholarships for black South Africans back in 1979. George Soros set up a foundation in Hungary in 1984 where he donated money so that photocopiers could be distributed to libraries, schools, and civil society groups. It became a critical tool to promote free speech and exchange of ideas to weaken the regime and push towards democracy. His foundation also contributed to the humanitarian effort after the war in Yugoslavia during the 90’s. He also supported many groups who were fighting for causes such as LGBTI rights, disability rights, women’s rights, international justice and more.

George Soros also donated $5 million to UNICEF and the International Crisis Group in the past. More recently, he contributed to the Human Rights Institute of the University of Connecticut. George Soros is also a big donor to many educational institutes and to the groups that work towards major educational development in the country. He has donated about $100 million to different universities and schools in the former USSR. He also supports higher education programs dedicated towards the minorities group. The foundation is also funding many programs that are dedicated towards the protection of the rights of gays and lesbians and to reduce police brutality against them. George Soros plans to spend another $2 billion out of his $23 billion assets towards other similar causes in the coming years.

To know more click here