Foundry is pleased to announce that we've joined the Entrepreneurs Foundation of Colorado.&160; EFFCO was created to encourage philanthropy from entrepreneurial companies in Colorado (there are chapters in many other major markets across the country).&160; By encouraging companies to donate a small percentage of their stock (in the form of a warrant that is only exercisable when the company is sold or goes public) EFFCO is both raising funds for local non-profits as well as encouraging companies to foster a culture of philanthropy early on in the life of their company.&160;

We're strong supporters of the mission of EFFCO (in fact Brad was among the founding members of the CO chapter) and are happy to announce that we've donated 1% of our carried interest (the equivalent of 1% of our equity) to the Community Trust Endowed Fund of the Community Foundation Serving Boulder County through EFFCO.&160;

I'd be happy to give you some more information if you're interested in having your company become a member of EFFCO (email me directly).