There’s a great scene in Office Space where the movie’s heroes check their ATM balance after one of them has written a program to scrape tenths of pennies off of Paymetech (the movie’s fictional company) transactions. The guys figure this action will both go unnoticed and also generate a relatively modest sum for them. Instead when they check their balance it turns out that the sum of their tiny rounding transactions actually equated to over $400k to them over a weekend! It’s a funny scene (and a funny movie) but the moral here is actually important: The sum of a large number of small actions can be huge. Today we’re announcing the launch of Pledge 1%. A joint effort between The…
Tag
philanthropy
The Entrepreneur’s Foundation and RMVCA Partner Up
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…