Morgan Stanley Renews $8 Million Commitment with Feeding America, the Nation’s Leading Hunger-Relief Charity
September 22 2016 - 1:00PM
Business Wire
Awards are latest in more than $21 million commitment to
Feeding America® Child Hunger-Relief Programs; Over
11,000 Morgan Stanley employees have volunteered and over 50
million meals have been distributed through this
partnership
The Morgan Stanley Foundation today announced its renewed
commitment to hunger relief through a new $8 million, four-year
pledge to Feeding America to support children’s hunger and produce
programs. This grant will build on the Firm’s $13 million previous
support to Feeding America, the nation’s largest domestic hunger
relief charity. Since Morgan Stanley’s partnership with Feeding
America launched in 2009, over 11,000 employees have volunteered
more than 60,000 hours with Feeding America food banks, and over 50
million meals have been distributed.
“Feeding America and its network of local food banks are key
partners in Morgan Stanley’s mission to help ensure every child has
the essentials they need for a healthy start in life,” said Joan
Steinberg, Global Head of Philanthropy at Morgan Stanley and
President of the Morgan Stanley Foundation. “Regular access to
nutritious food is a critical component of that mission, and we are
proud to support this program both financially and through our
employee volunteers.”
The key components of the grant will expand the firm’s Flex
Grants program, to help twenty-five local food banks start, grow
and sustain childhood feeding programs annually. It will also
include training and strategic planning support to assist the local
food banks in extending the benefits of the grants long beyond the
grant cycle to ensure sustained services to the community. Through
the grant, the firm also committed funds this year to increase the
availability of fruits and vegetables for children, through a new
initiative that increases its food banks’ ability to access,
transport and store fresh produce.
“We are thrilled to receive this $8 million gift from Morgan
Stanley to provide more nutritious meals to children and families
in need,” said Diana Aviv, CEO of Feeding America. “Morgan
Stanley’s newest gift is an extension of its long-standing
commitment to Feeding America and our mission. We are grateful to
count Morgan Stanley as a visionary partner in the fight to end
hunger.”
These awards build on the Morgan Stanley Foundation’s
longstanding commitment to children’s health. Feeding America also
serves as a lead national partner in the United States for Morgan
Stanley Healthy Cities, an innovative initiative that brings
together national and local nonprofits to create a linked network
of nutritious food, safe play spaces, and wellness education and
health screening for children and families of communities in
need.
About Morgan Stanley
Morgan Stanley (NYSE:MS) is a leading global financial services
firm providing investment banking, securities, wealth management
and investment management services. With offices in more than 43
countries, the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For
further information about Morgan Stanley, please
visit www.morganstanley.com.
About Feeding America
Feeding America is the nationwide network of 200 food banks that
leads the fight against hunger in the United States. Together, we
provide food to more than 46 million people through 60,000 food
pantries and meal programs in communities across America. Feeding
America also supports programs that improve food security among the
people we serve; educates the public about the problem of hunger;
and advocates for legislation that protects people from going
hungry. Individuals, charities, businesses and government all have
a role in ending hunger. Donate. Volunteer. Advocate. Educate.
Together we can solve hunger. Visit www.feedingamerica.org, find us
on Facebook or follow us on Twitter.
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version on businesswire.com: http://www.businesswire.com/news/home/20160922006072/en/
For Morgan StanleyMedia RelationsMary Claire Delaney,
212-761-2427
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