Category: Philanthropy

Dr. Michael Lacey Mathematical Excellence

Michael Thoreau Lacey was born in 1959. He is a respected mathematician from the United States of America. The Georgia Tech Mathematics Professor wrote his Ph.D. thesis on the field of probability in Banach Spaces.

Banach spaces were named after the mathematician who introduced the idea and spent two years studying it, Stefan Banach. In the mathematical analysis, the Banach spaces refer to a vector space that is completely normed. Walter Philip supervised Michael Lacey’s work.

Dr. Lacey since then has focused on the fields of ergordic theory, Harmonic analysis, and probability. Ergodic analysis refers to the area of mathematics that explores dynamical systems that have measures that are conserved by some function.

Harmonic analysis is an area of mathematics that can be applied in such fields as number theory, quantum mechanics, neuroscience and many others. The field of probability studies the possibility of effects and quantifies them between 0 and 1.

After getting his Ph.D., he joined the Louisiana State University and the University of North Carolina. During his time at the University of North Carolina, he worked with Walter Phillip presented their proof of the central limit theorem. Learn more about Michael Lacey: http://www.bizjournals.com/phoenix/potmsearch/detail/submission/6427818/Michael_Lacey and https://twitter.com/Michael_Lacey1

The central limit theorem states that where there are a large number of random variables independent of each other, their properly normalized sum will tend toward a stable distribution.

The Hibert transform is an area Michael Lacey focused on during his National Science Foundation Postdoctoral Fellowship. He received the fellowship while at the Indiana University. Working with Christoph Thiele, he solved the conjecture by Alberto Calderon and received the Salem Prize for it. The Salem Prize is given to young mathematicians who have been seen to do excellent work in the area of Fourier Series. Raphael Salem’s Widow established the award.

About Dr. Michael Lacey

Dr. Michael Lacey received his Ph.D. in 1987 having attended the University of Illinois, Urbana-Champaign. He has held the position of Professor of Mathematics at Georgia Institute of Technology since 1996.

Michael Lacey collaborated with Xiaochun Li in 2004, and for their work, they received a Guggenheim Fellowship. He has been an American Mathematical Society fellow since the year 2012.

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Inside Dick DeVos’ Philanthropic Heart

Dick DeVos forms part of a high-profile family dynasty whose philanthropic contributions amount to nearly $139 million. According to a new report on the Dick and Betsy DeVos Family Foundation website, the family dished out a whopping $11.6 million to charitable causes in 2015. This amount was double what the family had been contributing to campaign donations over the last five years. The DeVoses enormous contributions to charitable and political causes have attracted attention leading to a decision by the couple to lift the veil on the millions they dole out every year.

 

Dick may have inherited the motivation to give freely from his father and family. His father, the co-founder of Amway, may have been a player in Republican politics for many years but has contributed immensely to non-political causes. The elder DeVos, together with his four sons, gave out a staggering $104 million to charity in 2015. This contribution thrust the DeVos dynasty to 24th place on America’s Top Givers list. Dick’s wife, Betsy, may have also contributed to her husband’s astounding philanthropic tendencies. She was born to the late industrialist from Holland, Edgar Prince whose contributions to political and charitable causes was also significantly huge.

 

Dick’s philanthropic trends reflect the importance he attaches to education. In 2015, he doled out over $3 million to educational causes, accounting for 26% of their charitable donations that year. Also, Dick’s foundation gave $357,000 to groups supporting reforms in the education sector. He had just realized that the current system was far from helping citizens achieve the American Dream. He noted that children from what he termed wrong ZIP codes were unable to the necessary education to propel them to the American Dream. While his critics argue that Dick’s interest in education put traditional public schools at a disadvantage because it led to the syphoning of tax dollars from their coffers. Dick DeVos responded to the criticism by pointing out the underbelly of the one-size-fits-all public education platform – it disadvantages kids from poor neighborhoods.

 

Dick and his wife are heirs to two family fortunes and have spent most of their adult lives trying to change institutions and policies. In their capacity as GOP mega donors, they have exerted their influence on state laws that affect education and labor. In 2012, Dick DeVos engineered the law that converted Michigan from a place of organized labor to a right-to-work state where union membership would no longer be a prerequisite for employment. However, DeVos’ biggest initiative is education reform. He founded started an aviation charter high school at Grand Rapids International Airport. He defended his education advocacy by instituting equality among children from different economic backgrounds. He aspires to achieve an environment where poor children have the same educational opportunities as their affluent counterparts.

 

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