For the past few years, businessman and investor Bruce Levenson has been focused on his Do Good Institute at the University of Maryland.
The initiative hopes to get students at the college level to consider dedicating more of their time and energy in service of admirable causes through non-profit organizations in need of volunteers. Levenson hopes this will foster a generation of business-minded people able to take non-profit organizations and make them run as efficiently as a successful business.
According to ESPN’s interview on Levenson, who himself has spent many years working service of non-profit organizations, non-profits that operated more like charities and less like businesses were less effective in reaching goals that made their work worthwhile.
Along with his wife Karen, Levenson was able to raise $75 million in support of the Do Good Institute with the help of the University of Maryland. This inspired the state of Maryland to chip in an additional $20 million seed funding to help students on campus get invested in the institute.
In the seven years it’s been in operation, the Do Good Institute has seen some success that shows its programs have merit. Ben Simon, co-founder of the Food Recovery Network, found ways to prevent food waste on campus through one venture and how to bring more produce and nutritional foods to underprivileged communities with his other non-profit start-up, Imperfect Produce.
Levenson stands by the methods taught at Do Good, seeing it as a place for young people to develop the tools they need in order to affect change in the world. But it also gives these same young people incentive to interact with the world in a tangible way, combating some of the negative effects of digitization on college campuses.
About Bruce Levenson:
Bruce Levenson left the world of publishing to start United Communications Group with his business partner Ed Peskowitz. He’s served as Partner for over 20 years.
Outside of his professional career, the Forbes listed billionaire Bruce Levenson has been active in philanthropy, starting the Do Good Institute with his wife Karen and serving as President of the I Have a Dream Foundation.