Philanthropic 50: Ted and Lynn Leonsis

by Editorial

As if everybody doesn’t already know, Leonsis is Washington’s “Mr. Sports” – majority owner, chairman and CEO of Monumental Sports and Entertainment (MSE), the group of prominent Washington business leaders who between them own and operate the Washington Capitals, the Wizards, the Mystics and the Capitol One Arena. MSE has its own philanthropic foundation, which Leonsis chairs, but his recent personal philanthropy has included $1.5 million to Georgetown University, his alma mater, to fund a program of student mentoring by alumni who are entrepreneurs in Washington.

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Leonsis recently said he has been “spending an inordinate amount of time on education and scholarship and scholarships for under-privileged and first generation [college] students” – having been one in his own Greek immigrant family. He is active with Best Buddies and DC-CAP, where he serves as chairman.

The Monumental Sports Foundation is very active locally. He is also a partner with Steve Case at Revolution.

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