The not for profit sector of the U.S. community has been seeking to gain more of a foothold in the world of business in recent years, but UCG co-founder and philanthropist Bruce Levenson believes the problem facing many not for profit leaders is the gap in their business skills. Levenson admires the passion of philanthropists and not for profit leaders, but believes their peers in the private sector are often better equipped to achieve long term success because of the standard of education they receive.
In a bid to close the gap between the not for profit and private sectors the man behind the TechTarget and Gas Buddy brands has thrown his considerable financial weight behind the development of the Do Good Institute at The University of Maryland. Bruce Levenson has been involved in the work of the Do Good Institute since its inception and according to PR News, seeded $75 million in funds to The University of Maryland to help develop the institute and establish it in a position that has seen it become a great success from the first day of its launch in 2010. Bruce Levenson hopes the Do Good Institute will be the first step in hands on approach to not for profit education that should begin to be seen across the U.S. after the success shown in the first few years of operation for the Do Good Institute.
After developing UCG in a spare room as a standalone newsletter in the 1970s, Bruce Levenson and business partner Ed Peskowitz set out to develop the company as a leader in the delivery of information that has moved with the latest technology. In 2004, Bruce Levenson headed a consortium that purchased the Atlanta Hawks NBA franchise, taking the team from last place in the standings to the number one seed entering the 2015 playoffs before selling the franchise for an estimated $840 million. http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks