Morgan Stanley Foundation
The Morgan Stanley Foundation is a private corporate foundation established in 1961 and based in New York City. It operates as a 501(c)(3) tax-exempt organization with tax-exempt status dating to July 1963. The foundation is governed by a board of officers and trustees and maintains its principal office at 1 New York Plaza, Floor 5, New York City, NY 10004.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.8M
-14.6% YoY
Annual Giving
$3.9M
-6.0% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$354K
-6.0% YoY
Under IRS private-foundation payout rules, Morgan Stanley Foundation reported a distributable amount of $879K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports programs designed to promote:
- Children's health
- Diversity education
- Employee community involvement
The foundation primarily funds a scholarship program and has a particular focus on diversity scholarships and children's mental health initiatives.
Grantmaking
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited applications.
Average Grant
award: $141,000
How to Apply
**
Ready to take the next step with Morgan Stanley Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- New York
- Illinois
- California
- Minnesota
Grantmaking reaches organizations across 23 states, with 47% of grants concentrated in New York, Illinois, and Minnesota.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $18,553,048
- Total Revenue: $1,023,579
- Total Expenses: $147,055
- Total Liabilities: $6,500,000
Revenue Composition (2023):
- Investment income and dividends: $599,227
- Net gain from sale of non-inventory assets: $423,904
Historical Asset Trend: Total assets have decreased from $38.2 million in 2011 to $15.8 million in 2024.
Annual Giving Trend:
- 2020: $1.2 million
- 2022: $8.3 million
- 2023: $4.1 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,848,073 | $18,553,048 | $21,090,172 |
| Revenue | $609,712 | $1,023,579 | $598,571 |
| Expenses | $129,751 | $147,055 | $5,666,242 |
| Qualifying Distributions | $3,889,000 | $4,136,200 | $4,156,500 |
| Net Investment Income | $612,040 | $1,035,931 | $622,816 |
| Distributable Amount | $878,732 | $983,213 | $1,220,005 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
119 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include College Possible National ($908,500), Braven Incorporated ($500,000), Hispanic Federation Inc ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A BETTER CHANCE INC NEW YORK, NY | MORGAN STANLEY CAREER PREPARATION PROGRAM (MSCPP) | $300,000 |
| AMERICA NEEDS YOU NEW YORK, NY | FIRSTGENU | $260,000 |
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | MORGAN STANLEY FOUNDATION TRIBAL SCHOLARS PROGRAM | $20,000 |
| BRAVEN INCORPORATED CHICAGO, IL | MORGAN STANLEY INSTITUTE FOR INCLUSION - BRAVEN GROWTH PROJECT | $500,000 |
| COLLEGE POSSIBLE NATIONAL SAINT PAUL, MN | EXPANDING COMMUNITY COLLEGE SUCCESS | $908,500 |
| HISPANIC FEDERATION INC NEW YORK, NY | HISPANIC FEDERATION CAREER PATHWAYS INITIATIVE | $500,000 |
| IMENTOR INCORPORATED NEW YORK, NY | INSTITUTE FOR INCLUSION EDUCATION AND CAREER ATTAINMENT INITIATIVE | $360,000 |
| NEW YORK WOMENS FOUNDATION NEW YORK, NY | GENERAL OPERATING SUPPORT | $25,000 |
| PREP FOR PREP NEW YORK, NY | UNDERGRADUATE AFFAIRS: SUPPORTING STUDENTS OF COLOR PURSUING HIGHER EDUCATION | $75,000 |
| RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK NEW YORK, NY | CUNY ASAP CAREER DEVELOPMENT ENHANCEMENTS AND NATIONAL REPLICATION CAPACITY BUILDING | $448,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key Officers and Directors:
- Joan Steinberg, President
- Giselle G. Lopez, Principal Officer
- Craig Abruzzo, Director, Finance Chair
- Charles Chasin, Director
- Anne Tennant, Director
The foundation is governed by 18 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ABRUZZO CRAIG | TRUSTEE | 0.5 | — |
| AKWABOAH PETER | TRUSTEE (THRU MARCH 2024) | 0.25 | — |
| CHASIN CHARLES | TRUSTEE, CHAIR | 0.5 | — |
| CHOW-COSTER CYNTHIA | TRUSTEE | 0.25 | — |
| DOTSON WILLIAM J | TRUSTEE | 0.25 | — |
| HARRIS CARLA A | TRUSTEE | 0.25 | — |
| MCDADE WESLEY | TRUSTEE | 0.25 | — |
| MUSA ILEANA | TRUSTEE | 0.25 | — |
| POSER MICHAEL | TRUSTEE (BEGAN JUNE 2024) | 0.25 | — |
| REID SUSAN | TRUSTEE | 0.25 | — |
| SEGAL TATIANA | TRUSTEE | 0.25 | — |
| SLOVIK MATTHEW | TRUSTEE, FINANCE CHAIR | 0.25 | — |
| STARK DAVID | TRUSTEE | 0.25 | — |
| TENNANT ANNE | TRUSTEE | 0.25 | — |
| WONG FOUNTAIN VALERIE | TRUSTEE | 0.25 | — |
| YESHAYA SHARON | TRUSTEE | 0.25 | — |
| ZARETSKY ANDREA | TRUSTEE (BEGAN MARCH 2024) | 0.25 | — |
| STEINBERG JOAN | PRESIDENT | 8 | — |
Recent News & Activity
Recent developments and announcements
The Morgan Stanley Foundation has announced several significant initiatives:
Children's Mental Health Innovation Awards 2025 - Morgan Stanley**Children's Mental Health Innovation Awards (2025):** The foundation launched new awards focused on children's mental health innovation.
Children's Mental Health Innovation Awards 2025 - Morgan Stanley**Morgan Stanley Alliance for Children's Mental Health:** The alliance marked its fifth anniversary with new grant announcements, reflecting the foundation's sustained commitment to mental health support for children.
Children's Mental Health Innovation Awards 2025 - Morgan Stanley**School Mental Health Transformation:** Awarded $4.25 million to the Child Mind Institute to transform school mental health programs.
Children's Mental Health Innovation Awards 2025 - Morgan Stanley**Child Hunger Initiative:** Announced an $8 million grant to Feeding America to address child hunger.
Morgan Stanley Alliance for Children''s Mental Health: New GrantsThe foundation maintains an active grantmaking program with a focus on children's health and well-being, particularly in the areas of mental health and food security.
Children's Mental Health Innovation Awards 2025 - Morgan StanleyFrequently Asked Questions
What does Morgan Stanley Foundation fund?
The foundation supports programs designed to promote: • Children's health • Diversity education • Employee community involvement The foundation primarily funds a scholarship program and has a particular focus on diversity scholarships and children's mental health initiatives.
How do I apply for a grant from Morgan Stanley Foundation?
**Grant Activity:** • Made 40 grants in 2023 • Total giving of $4,136,200 in 2023 • Has made 108 grants totaling $15.3 million across available records • Individual grants have ranged from $15,000 to $2.9 million • Average grant award: $141,000 • Median grant: $25,000 **Recent Notable Grants (2023-2024):** • College Possible: $803,200 (Diversity Scholarships) • Hispanic Federation: $500,000 (Diversity Scholarships) • Seizing Every Opportunity (SEO): $487,000 (Diversity Scholarships) • Child Min…
Where does Morgan Stanley Foundation make grants?
The foundation primarily supports organizations in: • New York • Illinois • California • Minnesota Grantmaking reaches organizations across 23 states, with 47% of grants concentrated in New York, Illinois, and Minnesota.
What size grants does Morgan Stanley Foundation award?
In 2024, Morgan Stanley Foundation awarded 11 grants totaling $3.9M — an average of about $354K per grant, based on its IRS Form 990 filings.
How much is Morgan Stanley Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Morgan Stanley Foundation reported a distributable amount of $879K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morgan Stanley Foundation's EIN?
Morgan Stanley Foundation's EIN (Employer Identification Number) is 13-6155650. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morgan Stanley Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Morgan Stanley Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Morgan Stanley Foundation to a real strategy.