We know one of Boulder County’s gems is our vibrant, creative, and big-hearted start-up community. When those local startups designate early equity to the Entrepreneurs Foundation of Colorado (EFCO) and have a successful event—such as an acquisition or an IPO—a portion of that success is invested in our community. In other words, the community is a shareholder in every EFCO company.
“EFCO is an incredible synergy between leaders from Boulder County’s entrepreneurial sector and The Community Foundation. When EFCO member companies win, everyone wins,” said Josie Heath.
More than $2.8 million has been realized for community support because of EFCO—the majority through The Community Trust. Those dollars build the resource that responds to community needs year after year. And member companies don’t stop with financial support. They’re on track to contribute nearly 600 volunteer hours in 2014.
“It’s hard to see it up front, but it’s 10 times more joyful than I could have imagined,” said Jud Valeski, Boulder native and Gnip founder. Gnip was an EFCO member and made a huge splash when, after being acquired last summer by Twitter, gave 1 percent of the company to the Foundation. “At the time, it was a methodical decision that just felt right…but now, a piece of paper has been transformed into real community impact.”
Please support the work of The Community Foundation, with your gift today.
