Giving Back in Big Ways with Bruce Levenson

Bruce Levenson and his wife Karen are both graduates of the University of Maryland. They have gone on to become extremely successful, so the two have looked at giving back to the local community in many different ways. Philanthropy has always had an important part in the lives of the two individuals, which is why they continue to donate tens of millions of dollars to different cases. While best known for being the majority owners of the Atlanta Hawks (and formerly the Atlanta Thrashers as the two cam packaged together from Turner when the broadcasting company sold the teams), the couple made their money through the creation of the United Communications Group, which originally specialized in providing investors with oil industry information back in the late 1970s. They have since gone on to become extremely wealthy, but they have not let this affect their stature and standings with donating, which is why they recently made a sizable gift to the University of Maryland.

The two recently donated $5.6 million to the University of Maryland in order to start the Center for Philanthropy and Nonprofit Leadership for students at the university. Students who are able to travel to the nation’s capital can learn about philanthropy and also how to select appropriate non profit organizations for donating funds. Although all non profits provide a desirable tax rebate for those who donate the money, it is more about helping those who need the assistance, so being able to handle the money, identify what organizations are most keen on the same goals as the individual and several other factors are all part of the courses offered through this philanthropy program. At the end of each course though, the students do make a $10,000 donation to the organization they find to be the very best.

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