The Moline Foundation Board awarded $294,500 in grants to 48 area nonprofits, going toward operational costs, capital and program expenses.
Grants ranging from $1,000 to $25,000 were approved by the board at its May 19 meeting.
"The grantees chosen are committed to addressing our community’s most significant and challenging issues," Board Chair Larry Meeske said in a news release. "The Moline Foundation is proud to partner and support nonprofits as they improve the lives of our residents."
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Midsize businesses are tapping into the social business market because large companies do not need the help of start-ups to create a “social technology stack.” But a social business stack cannot generate revenue by itself.