ADA—Amway heir and former Michigan gubernatorial candidate Dick DeVos and wife Betsy are continuing their efforts to help female entrepreneurs in impoverished countries Afghanistan and Rwanda.
Through their foundation, the Michigan power couple are renewing a $125,000 gift to the Institute for Economic Empowerment of Women.
The donation will fund the non-profit's four-year-old Peace Through Business program which educates women about running their own businesses.
The Oklahoma City-based Institute partners with Northwood University which hosts a week-long business training for participants who have completed an 8-week business course in their countries.
This summer, participants will attend Northwood's Dallas campus where they will be mentored by American women business owners. They will also travel to Washington, D.C. to attend the International Women’s Economic Summit at Georgetown University.
“Teaching these women free market economics will help them rebuild their countries,” said Betsy DeVos, in a statement announcing the donation.
She praised the program for giving women the tools to go out on their own to not only succeed but to help others move forward as well. After completing the program, the women are asked to sharing their new knowledge with others over the next year.
“Dick and Betsy are in tune with global issues and we are thankful they are helping the Institute reach out to more women and help build stable democracies,” said Terry Neese, the institute's founder and CEO