At this week’s VCIR Winter the RMVCA will be announcing a partnership with the Entrepreneur’s Foundation of Colorado. In case you’re not familiar with the organization, the mission of EFCo is to encourage entrepreneurs and companies to give back to Colorado by endowing their communities with a gift of stock early in the life of their company. The hope is that this gift will serve as both a seed for a philanthropic culture within member companies and, of course, will mature into a cash gift that will help strengthen community organizations (each company specifies the recipient of their gift).
As a founding Trustee of EFCo, I’ve been involved with helping spread the message about the great work of the organization throughout our community and in encouraging participation by local companies (In support of this, Foundry has pledged a portion of our carry to the foundation).
Starting at VCIR, the RMVCA will begin working more actively to help support the Entrepreneur’s Foundation of Colorado mission in our communities by both helping support EFCo fundraising efforts as well as encouraging companies from around the RMVCA region to make a pledge of their stock in support of their local communities (and helping EFCo expand beyond Colorado). Having been involved in both organizations for years, I couldn’t be more thrilled to see them coming together to help each other out.
As part of this partnership, the RMVCA has encouraged VCIR sponsors to make an additional sponsorship donation, 100% of which will go to support the work of the Entrepreneur’s Foundation. This donation will be recognized at the annual VCIR poker tournament. In addition, the poker tournament will feature a buy-back-in option with a suggested donation of $100, again 100% of which will support EFCo. I’m happy to report that some great firms have stepped up to participate in support of this worthy cause at VCIR – KPMG, Square 1 Bank, Holmes, Roberts and Owens, Silicon Valley Bank, Cooley and Holland and Hart. In addition, the RMVCA itself has also participated in this sponsorship.
I’d encourage you to learn more about what the Entrepreneur’s Foundation is up to. And, as always, if you have any questions feel free to reach out to me directly.