Mario Morino, a former software entrepreneur, is
chairman of the Morino Institute, chairman of Venture Philanthropy
Partners (VPP), and a special partner with General Atlantic
Partners.
Since its inception in 1994, the Morino Institute
has worked to find ways to support and enhance the lives of young
people from low-income families. Because it is impossible to make
fundamental change without addressing the larger social and economic
context, Mario and the institute have sought to understand the
forces in these young people’s lives, with particular emphasis on
opportunities and challenges presented by new waves of technological
innovation, wealth creation, and the accelerating transfer of
responsibility for social-service delivery from government to the
nonprofit sector.
To advance the Morino Institute’s mission, Mario
joined forces in 2000 with a host of nonprofit and commercial
leaders and launched VPP, with a goal of making capital available
for helping established community-based organizations grow in scale
and effectiveness. Once formed, VPP was incubated by the Morino
Institute, which continues to provide operating capital, management
assistance, and significant professional resources to VPP. To
date, VPP’s generous investors have committed in excess of $30
million, and these funds are now being invested in some of the
region’s most promising nonprofit organizations that serve
children and families. Under Mario’s leadership, VPP hopes to
inspire philanthropists, corporate and nonprofit leaders, and public
policymakers to help increase the effectiveness and the flow of
capital, talent, and other resources to nonprofit organizations
showing the greatest potential for improving the lives of children.
Simultaneously, Mario serves as a special partner
with General Atlantic Partners, LLC, a global private equity
investment firm focused on information technology, process
outsourcing, and communications. Mario has been affiliated with
General Atlantic since 1983, when his software firm, then called
Morino Associates, became General Atlantic’s second investment.
Since the late 1990s, he has served as an advisor to General
Atlantic’s managing partner, Steve Denning, in matters related to
overall strategy, and he has supported General Atlantic with its
portfolio companies and its investment activities worldwide. In this
capacity, Mario currently serves as a member of the board of the
directors of Ai Metrix.
Mario also serves as a trustee of Case Western
Reserve University (his alma mater), The Brookings Institution, and
The Community Foundation for the National Capital Region, and is a
member of the Advisory Board of the Yale School of Management-The
Goldman Sachs Foundation Partnership on Nonprofit Ventures.
Mario’s honors and awards include: KPMG and Washington
Techway’s Tech Legend Award (2002), induction into the
Washington Business Hall of Fame (2001), National Ernst and Young
Supporter of Entrepreneurship (2000), Washingtonian magazine’s
Washingtonian of the Year (1999), American Academy of Achievement’s
Golden Plate Award (1999), Greater Washington Area Ernst and Young
Entrepreneur of the Year (1998), and KPMG High Tech Entrepreneur of
the Year (1993).
Prior to establishing the Morino Institute, Mario
enjoyed a 30-year career in the information technology industry
during its developing years. In 1973, he co-founded the software
firm Morino Associates, which merged with another firm in 1989 to
become LEGENT Corporation. LEGENT was acquired in 1995 in what was
then the largest transaction in the computer software and services
industry.
Mario lives in Cleveland, OH, with his wife and
three children and frequently commutes to the Washington, DC, area.