Source: Npros.com 5/4/2010

Heirs Of Amway Pledge 22 Million To Kennedy Center

Betsy and Dick DeVos including the son of Amway Corp.'s co-founder, have pledged over $22 million to expand training of U.S. arts administrators at the John F. Kennedy Center.

The president of the center, Michael M. Kaiser, said that the gift will aid in acquiring specialized training for arts administrators of nonprofit organizations.

"I'm thrilled," Said Kaiser in a phone interview.

"We believe every city should have a vibrant arts and culture environment," Betsy DeVos, 52, said in an interview. "We can't think of a better way to have a positive impact and make that happen." He added.

Funds will be utilized by the Kennedy Center's 9-year-running arts management institute that runs programs in New York, Chicago and Washington.

The Kennedy Center will recieve $500,000 in each of the next five years in addition to a $20 million endowment that will pay the center about $1 million a year, thanks to the DeVoses . The arts institute has now been officially renamed the DeVos Institute of Arts Management.

View Amway Review

Related News

  • Amway Opens New $81 Million Manufacturing Facility
    DA, Mich., June 4, 2015 -- Amway today announced the opening of the first phase of its new $81 million USD nutrition manufacturing facility in Ada, Michigan, USA, near its world headquarters. The 317,000-square-foot facility will house select manufacturing operations for the company's Nutrilite bra...  Read More...
  • Amway opens new nutrition manufacturing and R&D facility in California
    ADA, Mich., May 26, 2015 -- Amway today announced the opening of its new $42 million USD nutrition manufacturing and R&D facility in Buena Park, California, USA. The 60,000-square-foot manufacturing facility will house select manufacturing operations for the company's Nutrilite brand of vitamins, mi...  Read More...
  • Amway India CEO Arrested
    The chairman and CEO of Amway India, William S Pinckney, was placed under arrest on Tuesday in connection with a complaint against the multilevel marketing firm.Andhra Pradesh Police said the CEO was apprehended on Monday and was brought in on a warrant. The arrest was based on a complaint allegi...  Read More...
  • Amway Reports Record Sales During 2013
    ADA, Mich., Feb. 4, 2014 -- Amway today reported global sales of USD $11.8 billion for 2013, a record for the organization. The total surpasses 2012 sales of $11.3 billion and continues a period of tremendous growth, highlighted by annual sales increases in seven consecutive years. The company's an...  Read More...

 

Amway News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed