Business
Square Financial Services, Inc. Launches 25 Squared Grant Initiative to Drive Community Development in Utah
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., September 24, 2025--Square Financial Services, Inc., a Utah state-chartered industrial bank and an independently governed subsidiary of Block, Inc. (NYSE: XYZ), today opened applications for the 25 Squared Grant Initiative in partnership with the Community Foundation of Utah (CFU). Building on the success of the 24 Squared grant initiative in 2024 and the 22 Squared program in 2022, the program will award microgrants of at least $2,500 to 25 501(c)(3) nonp
About this update from Block, Inc.
[{"type":"text","content":"Square Financial Services, Inc. and the Community Foundation of Utah will award microgrants of at least $2,500 to 25 local nonprofits","length":133,"tagName":"p","attribs":{}},{"type":"text","content":"This year's launch builds on the program's continued success, with more than $150,000 provided to Utah-based organizations since 2022","length":141,"tagName":"p","attribs":{}},{"type":"text","content":"Initiative is focused on driving community development work in line with Block's purpose of economic empowerment","length":116,"tagName":"p","attribs":{}},{"type":"text","content":"DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., September 24, 2025--(BUSINESS WIRE)--Square Financial Services, Inc., a Utah state-chartered industrial bank and an independently governed subsidiary of Block, Inc. (NYSE: XYZ), today opened applications for the 25 Squared Grant Initiative in partnership with the Community Foundation of Utah (CFU). Building on the success of the 24 Squared grant initiative in 2024 and the 22 Squared program in 2022, the program will award microgrants of at least $2,500 to 25 501(c)(3) nonprofit organizations focused on community development initiatives throughout Utah.","length":598,"tagName":"p"},{"type":"text","content":"In line with Block's purpose of economic empowerment, the microgrants are intended for Utah-based nonprofits that engage in at least one of the following pillars of community development work: small business development, affordable housing, reentry support and entrepreneurship, and financial capability and wellness.","length":321,"tagName":"p"},{"type":"text","content":""The 25 Squared program continues to support organizations that are making real differences in Utah communities," said Brandon Kelly, Community Reinvestment Act Officer at Square Financial Services, Inc. "We've seen firsthand how these grants have enabled dozens of nonprofits to expand their reach, launch new programs, and strengthen the communities they serve. As a Utah-chartered bank, we're proud to invest in the organizations that are building stronger, more economically empowered communities across our state."","length":547,"tagName":"p"},{"type":"text","content":"In its prior years, the grant initiative has attracted widespread interest from regional nonprofits, awarding more than $150,000 to recipie...