Square Financial Services Unveils Grantmaking Initiative in Partnership with the Community Foundation of Utah

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SALT LAKE CITY–(BUSINESS WIRE)–Square Financial Services today launches the 21 Squared Grant Initiative in partnership with the Community Foundation of Utah. The grant program will award microgrants of $2,100 to 21,501(c)(3) nonprofit organizations throughout Utah, focused on community development efforts that align with core values ​​and priorities of Square Financial Services in community reinvestment.

“Small nonprofits have experienced severe disruption throughout the pandemic and we are introducing our first grant program with them in mind,” said Lew Goodwin, CEO of Square Financial Services. “Microgrants allow us to provide quick and direct financial support to nonprofit organizations, allowing them to use the funds as they see fit to best drive change in their communities. We are honored to support and to deepen our ties with organizations working to break down barriers and expand access for underserved groups.

“Our partnership with Square Financial Services to support Utah nonprofits engaged in vital community development work is central to our mission,” said Alex Eaton, CEO of the Community Foundation of Utah. “Nonprofits, especially small ones, are often organizations in their own right to the communities they serve, and we are excited to continue supporting the essential work they undertake through this new grant program. . »

In keeping with Square’s economic empowerment goal, the 21 Squared Grant Initiative is for Utah nonprofits that engage in community development work focused on any of the following areas:

  • Small Business Development

  • affordable housing

  • Support for reintegration and entrepreneurship

  • Financial capacity and well-being

The call for applications for the 21 Squared Grant Initiative opens today and eligible nonprofits can apply until the December 31 deadline. A Square Financial Services selection committee will work with the Community Foundation of Utah to review and evaluate applications. The winning organizations will be announced in January 2022.

For more information on the application process, please visit www.utahcf.org/be-a-partner/21-squared-grant-initiative

About Square:

Square helps sellers manage and grow their businesses more easily with its integrated ecosystem of commerce solutions. Square offers purpose-built software to manage complex restaurants and retail operations, versatile e-commerce tools, integrated financial services and banking products, appointment scheduling platform, management capabilities personnel and payroll, and much more – all of which work together to save salespeople time and effort. Millions of sellers around the world trust Square to power their business and help them thrive in the economy. For more information, visit www.squareup.com.

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