Tag: Philanthropy
Today, my partners at Foundry Group and I are contributing $100,000 to the Entrepreneurs Foundation of Colorado (EFCO) to help with the Boulder Flood Relief Effort. This is our second gift to the EFCO – we previously contributed a portion of our carry across all of our funds.
The floods in Boulder and the surrounding area the past week have been devastating. I went for a run last night around town just to get a feel for things – the water is still at dangerously high and fast levels in Boulder Creek and the damage near the creek in downtown is visible. I smelled smells that I’ve never smelled in Boulder before and saw water in places it simply didn’t belong.
But downtown Boulder is quickly getting back to normal. That’s not the problem. If you’ve ever been to Boulder, you know we are surrounded by incredible mountains. It’s part of the magic of the place, but also part of the challenge. A friend told me recently, “think of the mountains as giant slanted roofs and Boulder as the basement of the house.”
There are two natural forces here that can be massively destructive. The first, which have made the news the past few years, are wildfires. Amy and I have endured these for the past 17 years – we’ve been evacuated from our house twice, once for three days during my brother’s wedding. The massive Lefthand Canyon Fire destroyed a huge neighborhood. Awful, terrifying stuff.
But that just set us up for what looks like the real disaster. The entire mountain area around Boulder is wrecked. Roads are destroyed. Towns in the “basement” – including Lyons – are literally wiped off the map. Major parts of Longmont are now submerged. The water ran downhill, destroying everything in its path as gravity did it’s magic, and then just sat at the bottom wherever it ended up.
My partners and I are lucky. None of our lost our houses. We all have roofs over our heads. And we have plenty of resources.
But many of our friends and neighbors were not so lucky. The stories are endless – the friend who lost her house and has no place to live. Another friend who made a mad dash off the mountain with his family and has no idea what the status of his home is. The entrepreneur who worked out of his basement, which is now a swimming pool. The business owner who’s office is now cut in half – and destroyed – by a mudslide. The tech leader who recently had a major back injury, just got out of the hospital, and had to evacuate his house. The people stuck up in the mountains who can’t get out. And the people stuck down in the foothills that also can’t get out.
The magnitude of this hit me yesterday afternoon when I heard estimates of $100m – $150m to fix the “infrastructure damage.” I have no idea what that really means, but for a region of a couple of hundred thousand people, knowing the range is low, and it’s only “infrastructure”, this is going to be a long, hard mess to dig out of.
I’ve always felt a strong responsibility to the community I call home. Boulder has been and continues to be very good to me. And it’s my responsibility, especially in times like this, to be good back. This is not the only financial support we’ll be giving to the Boulder Flood Relief Effort. In addition, we’ll give plenty of functional support. But it’s a step – and one we hope can have direct impact.
My partners and I encourage every entrepreneur in the area who has had a meaningful financial success to consider giving something through EFCO to the Boulder Flood Relief Effort. If you are an entrepreneur who hasn’t yet had a financial success, consider joining EFCO and contributing 1% of the equity in your company today, to help build the endowment for the future. And, if you are a venture capitalist or an angel investor in – or with investments in – the Boulder area, please consider joining EFCO and contributing directly to the relief effort today. Just email me and I’ll get you connected.
Finally, if you are a reader and part of the Feld Thoughts community and you want to help out, please contribute directly to the Foothills Flood Relief Fund. We greatly appreciate any support you can give.
On Sunday I’ll be running the Detroit Marathon with a bunch of friends including my partner Jason Mendelson who is running his first marathon. Becky Cooper, our CFO, and Jill Spruiell (Jason’s EA) are also running their first marathon, as is Andrew Tschesnok, the CEO of Organic Motion.
As this is my second marathon in my Random Act of Kindness series, Amy and I are again raising $10,000 for someone on GiveForward. We’ll be matching $5,000 of contributions from this community with a gift from us of $5,000. Our recipient this time in Max Simmons who we refer to as Jedi Max. We don’t know Jedi Max – we just know he’s fighting cancer and is awesome.
Here’s Jedi Max’s story:
Max is a fun-loving, spirited seven year old who has been diagnosed with Glioblastoma Multiforming or GBM, a type of brain cancer. It is one of the most aggressive forms of cancer. The doctors have already removed most of the tumor, though he still has a long road ahead. He will be receiving chemo and radiation. Max’s treatments are an hour’s drive each direction and he will be receiving them for six weeks, five days a week. His parents, Jay and Scott, are concerned about not meeting the non-medical expenses such as gas, food, and other things that may come up. With how things stand now, Jay may not be able to return to work. Max loves everything Legos and Star Wars. He is doesn’t have a mean bone in his body and wears his heart on his sleeve and his heart is as big as Texas. He is a true Jedi Warrior!
In our last Random Act of Kindness campaign, we raised over $10,000 for Justin Salcedo who is now cancer free! Let’s show Jedi Max the power of the community and do it again.
Let’s end Friday on a high note. The recipient of our first Random Act of Kindness in support of my marathons is now cancer free! If you go out this weekend, do a random act of kindness. Buy the meal for a young couple in the same restaurant you are in. Tip 50% instead of whatever you normally tip. Do something unexpected for someone you don’t know.
While the fires in Colorado have calmed down and the firefighters are in the process of getting them contained, there continues to be plenty of fire danger as the firefighters continue to work incredibly hard. It’s going to be a tough summer for fire in Colorado and I’m proud of all the support this community has given out of the gate to people impacted.
As of this evening we’ve raised $43,000, including the $20,000 match from me, Amy, and NewsGator. A number of companies have signed up to match gifts and Crowdrise, who has helped us get this online fundraiser up and running in the last 24 hours, has been awesome to work with.
If you haven’t contributed and are willing, please donate now. All of your donations via Team Anchor Point Fund (the foundation Amy and I have) will go to the Denver Foundation – CO Fire Relief Fund 2012.
There are many other initiatives going on to fund firefighters and people impacted by the fire. One of my favorites is Wild Fire Tees. I bought one yesterday – all of the profits are being donated to Care and Share or the Colorado Red Cross.
Sometimes it’s hard to realize the impact of community support in situations like this. There are numerous people working incredibly hard to deal with a force of nature (fire) that creates huge anxiety and stress in a community. While you may not directly relate to it, every contribution of any amount, no matter how small, is helpful.
For anyone who writes a check, does something to help someone who is impacted by the fires, or even just expresses words of support, thank you. I know the Colorado community appreciates it greatly, especially those directly impacted by the fires.
My friends at NewsGator have started a fundraising campaign to help victims of the Colorado wildfires. In addition to getting the campaign up and running, NewsGator has committed to a matching gift of $10,000. Amy and I decided to match that gift from our foundation, so the matching gift is now $20,000.
I’d like to encourage everyone involved in a startup in Colorado (or anyone in the world) to help your neighbors in Colorado Springs, Fort Collins, and Boulder who are victims of the current fires that are raging. There are two ways to do this:
1. Give a direct gift via my page. Amy and I are matching the first $10,000 of gifts.
2. If you are part of a startup, start a campaign for your company. It’s easy and will take a few minutes. Then – rally your gang to contribute.
While the current Boulder fire is getting under control, many people in Colorado Springs and Fort Collins are still at risk. And many others have been impacted. Here’s a note I got from a friend in Fort Collins.
hi, brad. yes, sadly, our ranch burned to the ground 2 weeks ago. we got the all clear to go back on thursday. even though it’s a giant scorched hole in the earth, we need to see it.
we’re fine. animals, horses, children all safe. we were on a motorcycle trip. so, literally have only the clothes on our backs (and some really cool motorcycle helmets). i’ve never had nothing and i’m learning a lot from it.
We are part of an amazing community. Be thankful for what you’ve got and send good karma out in the world. You never know when you’ll need it to come back to you.
When you support a family member in need, you’re doing the right thing. The community you are part of is counting on you, and fulfilling your obligation to them is part of being a member of that community.
What happens, though, when you help someone you don’t know? What happens when one community deliberately seeks out someone who needs a leg up and attention and support and reaches out – with no possibility of reciprocity? That feeling is extraordinary, and as I run the 29 marathons I’ve got left to go to make my 50 marathons by age 50 goal, I have been thinking harder about fundraising as part of this experience.
After my close friend Andy Sack was diagnosed with testicular cancer, the impact of a medical emergency really hit home for me. Andy’s fully recovered after surgery and a 62 day chemo regimen – the experience caused me to think a lot about what families go through when a loved one is ill.
During this time, I met Ethan Austin, the co-founder of GiveForward at Lindzonpalooza. I was blown away by what they are doing and decided to team up with them to do 29 random acts of kindness over the next few years.
For each of my upcoming marathons, I’m going to run in support of one of the GiveForward campaigns. Amy and I will kick off the fundraising with a commitment of at least $145,000 ($5,000 per marathon) and encourage our extended community to contribute whatever they can. We may increase this amount in the future ($5,000 will always be our minimum) depending on the total level of contribution (more contributors = bigger contribution from us.) I’m also going to do some random things for the people who contribute on a marathon by marathon basis – look for me to have some fun with this rewarding my community for helping with a random act of kindness.
The people we will support will not be people we know. Rather, they will be people who inspire us and who we want to shine a random act of kindness on. Our fundraising efforts will be a complete surprise to these families, and our hope is that we can create a little unexpected joy for the people we support.
The first random act of kindness is Justin Salcedo from Devine, TX who has testicular cancer. I’ll be running the Missoula Marathon on July 8, 2012 in Missoula, Montana for him. His family friend set up a GiveForward page for him and wrote the following description:
Justin Salcedo is from a small town south of San Antonio, TX. We live in Devine, TX. He is a good athlete, a good son, and a good friend to everyone. Always has a smile on his face. He just recently found out he had testicular cancer. His mother is the one who told me the story of how he found out about his cancer. I have known him for about 17 years. My sister-in-law baby sat him when he was little. My son and Justin were in pre-K together, they were in little league baseball, our local youth basketball league, Middle school athletics and 2 years highschool athletics. So for this news it was a shock to me and I am not his immediate family. It feels like dream…..
The GiveForward campaign is called Kicking Cancer. Our goal is to raise at least $10,000 by May 31st to help out Justin and his family. Let’s do this for Justin and show the world how the power of a community can deliver random acts of kindness.
PS – if you can’t afford to donate, I urge you to share Justin’s GiveForward page on your Facebook wall or give Justin a “virtual hug” by leaving words of encouragement on his page. Neither of these things will cost you a dime but they might mean the world to Justin.
In the “truth is stranger than fiction” category, my CU Boulder bathroom donation (well – the gift I gave to CU Boulder that resulted in me getting to name a bathroom) made the TV news tonight in Boston on Fox 25. There’s apparently a new bathroom news cycle because of William Falik’s gift to Harvard Law School for the Falik Men’s Room at Harvard Law School. While my bathroom at CU Boulder doesn’t have the same elegant name (it’s known as RRM 209 in the ATLAS Building, or the Feld Mens Bathroom on Foursquare), I’ve got a better quote: ““The Best Ideas Often Come At Inconvenient Times – Don’t Ever Close Your Mind To Them.”
The two minute news clip, along with a Skype interview I did this afternoon, follows. MIT – my offer is still open – don’t flush it.
Harvard Law School names restroom after generous alumni: MyFoxBOSTON.com
I’m a big fan of the CLEAR card and the CLEAR service. When it first launched, I got it immediately and used it wherever it was available. Fortunately this included Denver, New York, and San Francisco.
If you don’t know of CLEAR, it’s a biometric card that you use in the exclusive CLEARlane at airports to bypass the security line. It’s saved me from missing plenty of flights over the past few years.
In 2009 the company shut down suddenly. The new owners bought it a year ago, honored the old customers, and are gradually rolling it out across the country (currently Denver and Orlando and opening in San Francisco soon.)
I think CLEAR makes a great gift for any frequent traveller out of DIA. In addition, the folks from CLEAR are running is Community Charity program where they give $2,000 to favorite charities in these cities. We get to pick them, so go to the CLEAR Community Charity blog and vote now.
One of the great things about living in Eldorado Springs, Colorado is interacting with nature on a daily basis.
Protecting the environment has been a priority of mine for many years. Every now and then I like to call out a non-profit organization that I support that I think does an excellent job of helping protect the environment.
Colorado Conservation Voters is one of these groups. CCV works to turn conservation values into Colorado priorities by educating legislators and the public about important environmental issues, helping pro-conservation candidates win their elections, and then holding our elected officials accountable. Most importantly, they do it efficiently as they are a group that has influence and reach much larger than their budget would indicate.
In the past six years they have built and protected a conservation majority in the state House, Senate, and Governor’s office. These victories matter – Colorado is a better place for CCV spearheading these pro-environment victories. For example:
- Colorado now requires that 20% of our electricity come from renewable sources like wind and solar;
- More water is kept in our rivers and streams when they need it most and in crucial areas for habitat protection, protecting the health of our rivers;
- We have the strongest protections in the nation for our drinking water, wildlife, and communities threatened by oil and gas drilling.
This is a group that understands how to make change happen. They use their money strategically and efficiently. If you are interested in conserving the environment in Colorado, I encourage you to take a look at the Colorado Conservation Voters website as well as considering making a gift or even becoming a monthly donor.