Simplify the following text for a Grade 9 native English-speaking person.
Original: After selling the successful software company Davidson & Associates in 1997 , Bob and Jan Davidson 's focus shifted to philanthropy , with the intent of helping America 's brightest young students .
Simplified: The Davidson Academy was founded by Bob and Jan Davidson . In 1997 when they sold the company Davidson & Associates their focus went to philanthropy in gifted children .