Levenson Donates to Help Better the World, One University of Maryland Student at a Time
Bruce Levenson is a lot more than just the former owner of the Atlanta Hawks. He grew up in Chevy Chase, Maryland and attended Washington University in St.Louis, Missouri. After Washington University, he attended law school where he obtained his J.D. degree at American University. While going to law school, he began working for the Washington Star. This began his career in journalism.
Levenson and Ed Peskowitz met and decided to create the United Communications Group (UCG) in 1977. At the time, UCG focused on the oil industry. They quickly began purchasing their competitors and has since gone on to become the leading newsletter informer for different industries, including health, mortgage banking, technology, and many more. The company also acquired TechTarget, which helps technology buyers make informed decisions, and Levenson was their director until 2012. He currently sits on their Board of Directors. In 1997, he and Peskowitz were inducted into the Software and Information Industry Association’s Hall of Fame for their work with UCG. See, brucelevenson.com.
In a report by ESPN, it did not take long after he sold the Atlanta Hawks for Levenson to get into philanthropy work. He decided to help out an unprecedented idea from the University of Maryland that will give undergraduate students the chance to explore the life as a nonprofit leader or volunteer. The goal of the program, aptly entitled The Do Good Institute, is for nonprofits to learn to compete alongside corporations. Levenson and his wife Karen donated seventy-five million dollars to the program that has already seen successes through students like Ben Simon, who created Imperfect Produce.
It is easy to see a person just for what they do in the business world, but sometimes we need to take a closer look. Through programs like the Do Good Institute, Levenson is creating human beings who just might do so.