Betsy Devos is the 11th U.S. Secretary of Education. She is the wife of former Amway CEO Dick Devos and daughter-in-law of Amway’s founder Richard Devos. She is a well-connected woman who has funded a lot of organizations throughout the years. Both the Devos have the Dick and Betsy Devos Family Foundation. They use this organization to provide support to various organizations that align with their beliefs.
Their organization was started back in the 80s. Throughout the years they have given millions to various organizations and Republican political candidates. To date, they have given money to various educational and religious organizations. They also support the arts.
Some of the organizations that have been recipient of the Devos’s charity include the Potter’s House Christian School in Grand Rapids, The nonprofit Alliance for School Choice, the American Enterprise Institute for Public Policy, University of Maryland College Park Foundation and Ferris State University. Read more about her philanthropy at MLive.com.
One of the reasons why Betsy Devos provide so much funding to these various organization is because they help to bring balance to U.S. society. Betsy and her husband are conservatives who believe in a conservative cause. They are deeply religious individuals that values hard work and a strong education.
The Devos’s have always been deeply involved in the education system in their home city of Grand Rapids and in the state of Michigan. They have also carried this love of knowledge into the national landscape. Especially, since Betsy is the U.S. Secretary of Education. The Devos even have their own aviation based charter school.
Many charter, public and university schools have benefited from the help of the Devos’s. Education is a strong point for the Devos’s because they realize that it is necessary for people to have a good life. Without a good education people cannot live a better life. An education permits people to make more money and to greater options in life. This is one of the main reasons why the Devos’s really endorse education.
Religion is not as influential as it used to be in the past. However, it is still a vital part of any community. Religious organizations are important for the Devos because they help to keep society in order and from steering too far to the left.
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People with religious values will less likely engage in behaviors or activities that will be detrimental to their communities. This is also true for political organizations that have a religious affiliation or outlook. They are necessary for helping to keep the nation from slipping to far to the left as well. Betsy and her husband also understands that giving back to people who are less fortunate is a beneficial and smart thing to do for everyone.
Mindstrong Health recently announced that they were able to raised $14 million in order to finance their diagnosis platform and neuropsychiatric treatment. The platform is AI based and was created so that it could trace the patterns of smartphone devices and their interaction, and compare that to brain function. Mindstrong presents a potential transformation in the way a person is able to scroll or type on a smartphone–these functions could soon be channeled into detailed measures of cognitive function. This will promote an improvement in mental health care and also present a possibility to more accurately diagnose mental disorders.
Currently, mental healthy diagnosis is reliant on subjective reports that are taken in a clinical environment. Mindstrong could have a massive effect on the way mental health is viewed, diagnosed, and treated. They are able to provide an objective measurement tool so that soon, mental health will be diagnosed the same way diabetes and heart disease is. Mindstrong provides data that show everything from cognition biomarkers to your mood throughout the day. Since these measurement are taken throughout the day, the results will be more natural since currently many patients feel nervous in a clinical environment. This will be able to improve the outcome and lives for everyone who suffers from a mental illness.
Jim Tananbaum is the CEO and Managing Director of the Foresite Capital firm, which he founded in 2010. He went to Yale University where he earned a BS and BSEE, and then he went on to attend Harvard Medical School where he achieved his MD and Harvard Business School where he got his MBDA. He also went to MIT and got his MS. He lives in the San Francisco area and recently made an impressive deal with Intarcia Therapeutics. Jim Tnanbaum has garnered a lot of experienced during his 25 years in the business. He previously worked with Prospect Venture Partners II and III, as well as Sierra Ventures.
Jim is an experienced investor and has several investments, most notably with Amira Pharmaceuticals and Jazz Pharmaceuticals. Jim is very interested in the potential Mindstrong presents and he believes it could be beneficial not only to patients, but to doctors as well since it will be a money saving tool.
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