Morgan Stanley Announces Creation of Innovative Play Spaces for Children in 14 Cities with KaBOOM!
February 02 2018 - 10:00AM
Business Wire
Providing thousands of children with safe play spaces and
strengthening their healthy start to life
Morgan Stanley (NYSE:MS) today announced the creation of 14 new
play spaces for children through a Morgan Stanley Foundation grant
to KaBOOM! and the hands-on efforts of hundreds of its employees
throughout the U.S. this year. With our partners and volunteers, we
will be building two physical playgrounds in Boston and Atlanta and
providing creative play grants in 12 cities to provide local
nonprofits an Imagination Playground or Rigamajig, which allow for
year-round activity in areas with limited space or inclement
weather.
Launching in Indianapolis, IN; San Diego, CA; Pittsburgh, PA;
Dallas, TX; Salt Lake City, UT; and Miami, FL, unstructured,
child-directed play has proven to help kids develop physically,
emotionally, socially and intellectually, yet today’s kids have
less time and fewer opportunities to play than any previous
generation. For more than 50 years, the Morgan Stanley Foundation
has supported healthy starts and solid educations for the children
in our communities. Safe places to play are vital to that
foundation and the Morgan Stanley Foundation remains committed to
delivering essential services, giving children in neighborhoods in
need a chance to grow, learn and excel.
“We are excited to have the opportunity to continue to work with
KaBOOM! and all of our amazing local partners who prioritize the
power of play and further their impact in the community,” said Joan
Steinberg, President Morgan Stanley Foundation. “Thanks to the
collaboration between our nonprofit partners and Morgan Stanley
volunteers, we are able to bring thousands of children around the
United States one step closer to the play-filled childhood they
deserve.”
Morgan Stanley has a long-standing partnership with KaBOOM!, the
national nonprofit dedicated to bringing play into the daily lives
of all children. Over the course of the partnership, Morgan Stanley
employees and KaBOOM! have built 18 playgrounds, serving more than
9,000 kids. The creative play grants are an expansion of the
commitment that Morgan Stanley and KaBOOM! have made to bringing
play to kids everywhere with play systems that provide unique,
engaging play opportunities for kids when access to traditional
outdoor play spaces is limited or unavailable.
Imagination PlaygroundTM is an innovative play system that
encourages creativity, communication and collaboration in play.
With a collection of custom-designed, oversized blue foam shapes,
Imagination PlaygroundTM provides a changing array of elements that
allow kids to create a playspace that is constantly built and
re-built by their imagination.
An interactive set of wooden planks, wheels and pulleys,
Rigamajig allows children to develop language, communication and
problem solving skills that are key to cognitive development and
STEM learning.
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 42
countries, the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
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Morgan StanleyMedia Relations:Sarah Higgins, 212-296-3648
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