BOULDER, Colo.--Filtrbox today announced that it has joined the Entrepreneurs Foundation of Colorado (EFCO) to support philanthropic efforts throughout the community. EFCO allows startup companies to donate a fraction of their equity to Boulder’s Community Foundation during initial stages of liquidity.

While they may want to directly support charities, most startups are not in a financial position to do so. Through EFCO, entrepreneurs can focus on building their business while meeting their philanthropic goals.

"Boulder is a very supportive community in which to start a company and EFCO gives us a great opportunity to give back through sharing our success," said Ari Newman, co-founder and President of Filtrbox.  "EFCO also enables us to demonstrate our commitment to corporate responsibility and community support."

Donations from EFCO to the Community Foundation are channeled to various non-profit organizations throughout Colorado, allowing EFCO to focus on working with entrepreneurs to help them meet their philanthropic objectives. Contributing companies simply select a cause, and the Community Foundation takes care of the rest. EFCO is aligned with the Entrepreneurs Foundation, an organization formed in 1988 with affiliates in Silicon Valley, Austin, Southern California, New England, Dallas, Portland, Atlanta, Hawaii and Israel.

“Working with various local initiatives through the Community Foundation, EFCO allows entrepreneurs to support a range of causes from education to the environment,” said Brad Feld, Foundry Group managing director and one of the founding trustees of EFCO. “Filtrbox’s support helps us to achieve the critical mass of equity donations we need to truly make a difference in our community.”

About Filtrbox

Filtrbox provides timely market intelligence for discerning professionals.  Powerful persistent search technology allows you to monitor your brand, your online reputation and obtain proactive market intelligence without the noise.  The web-based service seamlessly integrates into your daily information digest increasing productivity and delivering the information you need to run your business.  Thousands of global users rely on Filtrbox daily to gain a competitive edge.  Go to www.filtrbox.com for your free trial and find what you're looking for within minutes.

Posted in: Companies