For Mario Marino, being an entrepreneur is in his DNA. A pioneer in the technology industry, he has brought that entrepreneurial spirit—and knowledge—to the world of philanthropy. In the early 1970s, Morino co-founded and helped lead the software firm Legent Corporation to great success. By the 1990s, Legent had become one of the industry's 10 largest firms, but in 1992 Morino followed his heart and retired from the private sector to devote himself to philanthropy.
Though Morino had amassed great wealth, he knew that effective philanthropy required more than money. He set out to learn how the nonprofit sector worked. During the next year and a half, he met with more than 700 people—everyone from college presidents to gang members.
After eight more years of researching and experimenting, Morino’s extended learning period culminated in the creation of Venture Philanthropy Partners (VPP), a philanthropic investment organization that provides “significant funding and strategic assistance to help build the capacity and strength of nonprofit organizations.” VPP is a hybrid of Morino’s for-profit experience as a long-term advisor to leading investment firm General Atlantic, and his upbringing, where he learned the importance of community in a child’s life.
VPP serves as a leading example of the venture philanthropy movement, but Morino has arguably exerted greater influence on the nonprofit world through his continuous learning, which he shares through his speaking engagements and writing. Case in point: In his groundbreaking book Leap of Reason, Morino lays down a challenge to philanthropists: to empower nonprofits to measure what matters. His hard-won insights are helping many donors make the leap to more effective philanthropy.
More Remarkable GiversMario Morino's Videos
- A “Natural” transition: Mario Morino retired at the height of his career to do something for his family and others
- A poor, but fortunate childhood: Mario Morino recounts the influence of his early mentors and role models
- A real look at collaboration: Mario Morino says it’s a lot harder than people think
- Building strong nonprofits: Mario Morino invests in strengthening organizations, not programs
- “Community, youth and learning”: Mario Morino’s focus areas reflect his background
- Do schools fail our communities or do communities fail our schools? Mario Morino says it’s often the latter
- Finding the right grantees: How Mario Morino and Venture Philanthropy Partners went from 3,400 options to 34
- Getting and developing talent: Why Mario Morino funds organizations to get and train the best people
- Getting other donors on board: Mario Morino shares lessons learned while raising money for Venture Philanthropy Partners
- “Leadership is everything”: Mario Morino says it sets the tone for culture and performance
- Local focus: Mario Morino shares why Venture Philanthropy Partners invests in Washington, D.C., nonprofits
- Long-term horizons: Mario Morino says real change requires lots of time and money
- Making measurement work: Mario Morino says the metrics you measure will drive the outcomes you get
- Managing expectations: Mario Morino treads carefully during nonprofit due diligence
- Managing nonprofits well: Mario Morino says good strategy without execution is “nothing”
- Mario Morino finds rewards in seeing other people make a difference
- Mario Morino learned to hire staff with deep community-relations skills
- Mario Morino on the importance and characteristics of good nonprofit boards
- Nurturing culture: Mario Morino believes that in any organization, culture is shaped by the day to day examples leaders set
- Philanthropic learning from the front lines: Mario Morino meets with 700 people, from gang members to college presidents
- Philanthropy requires more than money: Mario Morino on why money is not enough
- Philanthropy's missing taskmaster: Mario Morino says philanthropy is driven by ideology and relationships—not merit
- Predicting higher educations’ future: Mario Morino sees a wave of disruption hitting U.S. institutions
- Preserving the American Dream: Mario Morino assesses philanthropy’s role amid profound change
- Profound lessons learned: Mario Morino sees humility and the ability to execute as key business lessons
- Run a nonprofit like a business? Why Mario Morino changed his mind on this and other nonprofit principles
- Strategic assistance: Mario Morino explains why it’s the most important part of the grant
- Technology in the social sector: Mario Morino says it’s “scratching the surface of what it could do”
- The best use of time: Mario Morino believes he makes the biggest difference by writing and speaking
- Understanding donor priorities: Mario Morino listens carefully but acts independently
- Venture Philanthropy Partners’ genesis: Why Mario Morino provides unrestricted dollars
- What all leaders need: Mario Morino says taking time to reflect and think about what is possible is critical
- What makes successful donor-grantee relationships? Trust and mutual respect, says Mario Morino
- Who is nonprofit performance measurement for? Mario Morino says nonprofit leaders, not external audiences
- Who will stand up for nonprofit results? Mario Morino says nonprofit leaders must, and funders can help