Bruce Levenson has been the longtime chairman of Unified Communications Group (UCG) and owned the NBA’s Atlanta Hawks up till 2015. Levenson sold the team for a large $850 million price to Tony Ressler, but then subsequently he became involved in a lawsuit when he filed a claim against AIG Insurance. The claim involves a contract buyout that Levenson and the other owners had previously negotiated with then General Manager Danny Ferry and Levenson states that AIG acted in bad faith.
Levenson is now pushing for a new movement in philanthropy at the Do Good Institute at the University of Maryland. He hopes that he can encourage young entrepreneurs to start non-profit organizations in the same way that corporations are started and bring innovation to the way non-profits are run. So far many initiatives have been started and the university administration is excited about the work Bruce Levenson and his wife has done through the institute.
Bruce Levenson‘s first major accomplishment was founding Unified Communications Group (UCG) along with his longtime friend Ed Peskowitz. After writing for the Washington Star for some time and completing law school, Levenson decided to take on the publishing business himself. When his first newsletter became a success, he took the profits and used them to build UCG into a major international operation. He also led the spinoff of TechTarget many years later.
According to PR Newswire, Levenson has led non-profit organizations of his own including the “I Have a Dream” Foundation, a scholarship funding program for young minority students based on Martin Luther King Jr.’s principles. He also is a founder of “Bringing the Lessons Home” at the Holocaust Memorial Museum which helps young students tell the story of the event to others. He contributes to pro-Israel and Jewish American groups such as SEED, BBYO and Seeds of Peace.