DeVos Family Funds Super PAC
Posted at 6:03 p.m. on Feb. 18, 2014
Members of the DeVos family, who are major financial supporters of conservative causes, have pumped a half million dollars into a Republican-oriented Super PAC on the last day of January.
The New Republican PAC, a Republican-oriented Super PAC, reported on Tuesday it had receipts of $500,000 and disbursements of $10,254 during January, leaving $502,015 cash on hand on 1/31.
During January, the PAC received $100,000 each from Richard “Dick” DeVos Jr., Doug DeVos, Dan DeVos, and Cheri DeVos Vandenwiede. They are all children of Rich DeVos Sr., the co-founder of Amway, and all are executives of RDV Corporation. Elizabeth DeVos, the spouse of Dick DeVos Jr., also gave $100,000. She is the principal of Windquest Corporation. All the contributions were received in January 31st.
The New Republican PAC registered in May 2013. The initial donors were Elizabeth DeVos $10,000; Sam Fox (Diversified Investments,OR) $2,500; Kemper Freeman (chairman, Kemper Development Company, WA) $10,000; Alfred Hoffman (president, Hoffman Partners, FL) $10,000; Robert L. Luddy (president, Captiveaire Systems, NC) $10,000; and Warren Stephens (chairman, president, CEO, Stephens Inc., AR) $10,000. During 2013 the PAC had receipts of $57,500 and disbursements of $45,231, almost all for a survey.
The PAC Treasurer is Gentry Collins at 815 Slaters Lane, Alexandria, VA.
In 2008, the Ohio Elections Commission levied a $2.6 million fine against All Children Matter Virginia PAC, a pro-school voucher PAC headed by Elizabeth “Betsy” DeVos, the former Michigan Republican chairwoman. The PAC was based in Virginia, and sent $870,000 to its PAC in Ohio, although the Ohio PAC was not registered in Ohio. The Ohio PAC was also fined $2.6 million.
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