Karma411 co-founders Mark Fasciano and John Murcott have worked together in technology arena for more than ten years. They began by co-foundeding FatWire Software, which they sold in 2007 (Fatwire was eventually acquired by Oracle). Being serial entrepreneurs, they wasted no time in pursuing their passions and new technology endeavors. It was not long before inspiration came again.
Locals of Long Island and very involved in community life, Mark and John are active supporters of several nonprofits and quickly learned two lessons: 1) raising money for a cause is difficult and expensive and 2) friends help friends first, and institutions second.
They asked the question, "What if technology could enable organizations to leverage the personal networks of their most active supporters, allowing the supporter, rather than the institution, to reach out to new donors?"
Mark and John had identified a need that they could fill and with their passion and expertise, they took the entrepreneurial plunge once again founding Karma411.
Karma411 provides nonprofits state-of-the-art online solutions with no upfront risk. Our campaigns put people and their stories at the heart of an organizations fundraising efforts and make it easy for supporters to grow donor bases. Within a year, over 200 nonprofits flocked to the system, running hundreds of successful campaigns.
Mark and John have assembled an outstanding team of advisors and directors including experts from the business, philanthropy, and nonprofit worlds.These includes Russ Artzt, co-founder and Vice-Chairman of CA, Russell Byers, trustee of the RK Mellon Foundation, and Ted Hart, past-President of e-Philanthropy and current CEO at Charity Aid Foundation of America and GreenNonprofits.org. This excellent team and a growing base of talented and passionate employees have allowed Karma411 to dramatically expand our client base each year.