Washington Business Journal - 11:51 AM EST Thursday, March 1, 2007
by Neil Adler
Staff Reporter
Carol Thompson Cole, a former D.C. city administrator, has been named president and CEO of Venture Philanthropy Partners, replacing founder Mario Morino, who remains the organization's chairman.
D.C.-based Venture Philanthropy Partners, which invests in nonprofit organizations, was created in June 2000 by local tech titans Morino, Raul Fernandez and future Virginia Gov. Mark Warner, who recruited 26 other business leaders and several foundations to contribute more than $30 million for the first fund."
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