Higher Education gets a Boost in Maryland
The University of Maryland in College Park just got a big upgrade as far as its higher education priorities go.
Bruce Levenson, the one-time owner of the Atlanta Hawks, has decided to try his hand in dealing with the non-profit sector and put funds towards the Do Good Institute at the University of Maryland. In fact, he and his wife put down a total of $75 million for the initiative, while the state of Maryland itself put up an additional $20 million.
The initiative for the Do Good Institute is actually a new thing for colleges and higher education in general, because it’s main purpose is to reach those students at the undergraduate level of the university and get them involved in the world of non-profit work and volunteering. The Institute also has a mission with two facets, which involves making the campus a “Do Good” campus where every student who graduates is motivated to give back. The other facet is training other non-profit leaders for the future.
Bruce Levenson, the man behind a lot of the Do Good Institute, is originally a native of Chevy Chase, Maryland and attended Washington University in St. Louis and then the law school at American University. After law school he and his partner Ed Peskowitz founded the United Communications Group (UCG) in 1977. The group was a business information company that specialized in data analysis for health care, energy, banking, technology and telecommunications.
According to Forbes Magazine, Levenson’s biggest claim to fame was being the co-owner of the Atlanta Hawks LLC, the group that had ownership of the Atlanta Hawks basketball team and Phillips Arena, though this originally also included the Atlanta Thrashers hockey franchise.