Bruce Levenson Supports Much More Than Basketball

It has been 10 years since Bruce Levenson engineered buying the Atlanta Hawks, a baseball team then owned by Ted Turner. He became the majority stockholder of the group that he organized to buy the team. He led the same group to also buy the Phillips Arena, the Hawks’ home stadium. Then they bought a hockey team: the Atlanta Thrashers. The group decided to sell the Thrashers in 2011. Forbes billionaire Bruce Levenson is the Hawks team manager and is also on the NBA Board of Governors.

Back in 1997 Bruce Levenson was honored by being inducted into the Software and Information Industry Association’s Hall of Fame. He once advised BIA Digital Partners, providers of private equity. He also started TechTarget, was on the Newsletter and Electronic Publishers Association’s (NEPA) Board of directors. They continue today as a private firm that has expanded into several industry and commerce sectors. New areas include energy, healthcare, computer technologies, telecoms, and mortgage banks. They are responsible for the mobile app GasBuddy.

Raised in a well heeled Jewish family in Chevy Chase, Maryland, Bruce Levenson worked as a reporter for the Washington Star to pay his tuition at American University. He graduated with a law degree. With his friend, Ed Peskowitz, he co-founded the United Communications Group (UCG). Their first effort was the production of the Oil Express newsletter. It covered the happenings and statistics of the oil industry. Along with this effort, they also bought some other newsletters. These they grew into the Oil Price Information Service (OPIS), managed by UCG as a private oil index.

The US Holocaust Museum was founded by Mr. Levenson and he also contributes significantly to the Bringing the Lessons Home education program managed by the museum. Many youth, including from the city’s most disadvantaged, have benefited from this program to become knowledgeable museum guides. He is so committed to several Jewish causes because his grandmother was a Nazi Holocaust survivor of World War II. He is the primary support for the Jewish Federation, BBYO dor young Jewish-Americans, Birthright Israel, and the Jewish Youth Philanthropy Institute. He has also stepped up in his philanthropy to head up the Community Foundation of Washington, D.C., Hoop Dreams Foundation, and the Washington D.C. chapter of I Have A Dream Foundation.

 

 

Comments are closed.