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Pledge 1%

The Community Foundation, EFCO and Pledge 1%

Cross posting this article I wrote for The Community Foundation of Colorado. As many of my readers know, I’ve been passionate about the intersection of startups and community for years. And specifically developing a worldwide movement of startups giving back to their local communities from their very founding. I blog a lot about community: entrepreneurial, local, national, international, social, etc. The short takeaway is that a group of people acting together towards a common goal can have a far greater impact than they expect – and certainly more than they would acting alone. I often use a great scene in the movie Office Space to illustrate this point. An outgrowth of The Community Foundation’s EFCO initiative – Entrepreneurs Foundation of…

Introducing Pledge 1% – Let’s make a difference together

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…