Entrepreneurs Foundation (EF) will merge together with the Silicon Valley Community Foundation by the end of the month. Over the years, EF and Silicon Valley Community Foundation have worked with some of the same companies, including Adobe, Cisco Systems and eBay.
Silicon Valley Community Foundation assists companies in making donations and vetting nonprofits. On the other hand, Entrepreneurs Foundation was established in order to encourage startups to commit $100,000 each in pre-IPO stock to the foundation. Both of the groups aim to encourage philanthropy among companies and the region's wealthy.
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