Square Financial Services Launches Grant Initiative to Drive Community Development in Utah
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Square Financial Services and the Community Foundation of
Utah will award microgrants of at least to 24 local nonprofits$2,400 -
This year’s launch follows the program’s success in 2021 and 2022 during which more than
was provided to$100,000 Utah -based organizations - Initiative is focused on driving community development work in line with Block’s purpose of economic empowerment
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In line with Block’s purpose of economic empowerment, the microgrants are intended for
“The 24 Squared program supports businesses that otherwise would not be funded, are underserved, and/or need funding to get their start or grow to the next step. The generous grant from this initiative was used to help fund the operations powering our programs and services,” said Sara Day, Program Manager at Utah Microloan Fund, a microgrant recipient in 2022. “Without support from organizations like Square Financial Services, we could not do the work that we do.”
In its prior two years, the 24 Squared grant initiative has attracted widespread interest from regional nonprofits, awarding more than
“After seeing the critical work that our microgrant program has helped fund over the previous two years, we knew that we wanted to provide more opportunity for impact and bring back the program in a bigger way in 2024,” said Lewis Goodwin, Chief Executive Officer of Square Financial Services. “We’re grateful for the Community Foundation of Utah’s continued partnership as we provide more funding to more organizations that are working to better
"CFU is thrilled to partner for the 24 Squared Grant initiative for the third year," said Alex Eaton, Chief Executive Officer of the Community Foundation of
Online applications are now open for eligible,
About Block
Block, Inc. (NYSE: SQ) (formerly, Square, Inc.) is a global technology company with a focus on financial services. Made up of Square, Cash App, TIDAL, and TBD, we build tools to help more people access the economy. Square makes commerce and financial services easy and accessible for sellers with its integrated ecosystem of technology solutions. With Cash App, anyone can easily send, spend, or invest their money in stocks or bitcoin. Afterpay brings Square and Cash App together, connecting consumers and businesses. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open source platform and developer infrastructure that enables everyone to access and participate in the global economy.
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Source: Block, Inc.