Morgan Stanley Foundation
Looking for Morgan Stanley grants for nonprofits? Morgan Stanley Foundation is Morgan Stanley's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.
The Morgan Stanley Foundation is a private foundation based in an individual recipient, NY. Its 2024 grants supported organizations working on college success, career preparation and employment pathways, mentorship, and educational access.
Morgan Stanley Foundation at a glance
In short: Morgan Stanley Foundation gave $3.9M across 11 grants in 2024 (avg $354K), mostly in New York. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,889,000
- -6.0% vs 2023
- Grants made (2024)
- 11
- +0.0% vs 2023
- Average grant
- $353,545
- -6.0% vs 2023
- Median grant
- $360,000
- Total assets
- $15,848,073
- -14.6% vs 2023
- New grantees (estimate)
- 18% first-time grantees (2 of 11, 2024; small sample)
- Primary geography
- New York (63% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Morgan Stanley Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1 New York Plaza 5Th Floor, New York, NY 10004-1901
Phone: (212) 761-4000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Morgan Stanley Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was College Possible National ($909K). Together the top 10 received $3.9M.
Grant Size Distribution
119 grants across all recorded years
The most common grant size was under $50K: 75 grants of 119 (63%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in an individual recipient received 63% of grant dollars, those in Minnesota received 23%, those in Illinois received 13%, and those in Colorado received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
States
Cities
Is Morgan Stanley Foundation open to new grantees?
18%
first-time grantees, 2024
In 2024, 2 of 11 grantees (18%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $679K; repeat grants $281K. How we count
Medians: $679K first-time, $300K repeat.
- 82% of 2024 grantees were also funded in 2023. Method
- Giving fell 33% from 2021 to 2024. Method
- In 2024 it paid out 443% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.2M (2020) to $5.8M (2021). In 2024 it made 11 grants totaling $3.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| College Possible National Saint Paul, MN | Expanding Community College Success | $908,500 |
| Braven Incorporated Chicago, IL | Morgan stanley institute for inclusion - braven growth project | $500,000 |
| Hispanic Federation Inc New York, NY | Hispanic Federation Career Pathways Initiative | $500,000 |
| Sponsors for Educational Opportunity New York, NY | Closing the Employment Gap for Low-Income College Graduates | $492,000 |
| Research Foundation of the City University of New York New York, NY | Cuny asap career development enhancements and national replication capacity building | $448,500 |
| Imentor Incorporated New York, NY | Institute for Inclusion Education and Career Attainment Initiative | $360,000 |
| A Better Chance Inc New York, NY | Morgan Stanley Career Preparation Program (MSCPP) | $300,000 |
| America Needs You New York, NY | Firstgenu | $260,000 |
| Prep for Prep New York, NY | Undergraduate affairs: supporting students of color pursuing higher education | $75,000 |
| New York Womens Foundation New York, NY | General Operating Support | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $15,848,073 | $609,712 | $129,751 | $3,889,000 | 11 | $3,889,000 | $612,040 | $878,732 |
| 2023 | $18,553,048 | $1,023,579 | $147,055 | $4,136,200 | 11 | $4,136,200 | $1,035,931 | $983,213 |
| 2022 | $21,090,172 | $598,571 | $5,666,242 | $4,156,500 | 11 | $4,156,500 | $622,816 | $1,220,005 |
| 2021 | $28,565,518 | $8,613,691 | $14,773,466 | $5,780,000 | 44 | $5,780,000 | $8,612,347 | $1,403,710 |
| 2020 | $31,328,552 | $1,273,135 | $1,279,579 | $1,170,000 | 42 | — | $1,263,728 | $1,288,139 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2024 grant purposes include expanding community college success, closing employment gaps for low-income college graduates, career development, and educational access. Its grantees’ missions reflect these activities: for example, America Needs You says it works to advance economic mobility for first-generation college students through mentorship and career development, while A Better Chance says it aims to increase the number of well-educated young people of color prepared for leadership roles.
Other supported organizations describe work with Latino and other vulnerable communities, college students transitioning to careers, and students pursuing higher education. These are descriptions of the grantees’ work, not stated missions of the foundation.
Grantmaking
In 2024, the foundation made 11 grants totaling $3,889,000. Grant amounts ranged from $20,000 to $908,500, with a median of $360,000. The largest awards included $908,500 to College Possible National for “Expanding Community College Success”; $500,000 each to Braven Incorporated for the “Morgan Stanley Institute for Inclusion - Braven Growth Project” and Hispanic Federation for its “Career Pathways Initiative”; and $492,000 to Sponsors for Educational Opportunity for “Closing the Employment Gap for Low-Income College Graduates.” Other notable grants were $448,500 to the Research Foundation of the City University of an individual recipient for career development enhancements and national replication capacity building, and $360,000 to iMentor for its Institute for Inclusion Education and Career Attainment Initiative.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following trustees: Craig Abruzzo, Peter Akwaboah (through March 2024), Charles Chasin (chair), Cynthia Chow-Coster, William J. Dotson, Carla A. Harris, Wesley McDade, Ileana Musa, Michael Poser (began June 2024), and Susan Reid.
Morgan Stanley Foundation is led by Steinberg Joan, President on every filing since 2022; none of the 18 officers listed in 2024 report compensation.
Officers on the 2024 filing
Steinberg Joan
President
On filings since 2022
8 hrs/week
No compensation reported
Chasin Charles
Trustee & Chair
On filings since 2022
0.5 hrs/week
No compensation reported
Slovik Matthew
Trustee & Finance Chair
Trustee → Trustee & Finance Chair, 2024
On filings since 2022
0.3 hrs/week
No compensation reported
Abruzzo Craig
Trustee
Trustee & Finance Chair → Trustee, 2024
On filings since 2022
0.5 hrs/week
No compensation reported
Akwaboah Peter
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Dotson William J.
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Harris Carla A.
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
McDade Wesley
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Musa Ileana
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Reid Susan
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Segal Tatiana
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Stark David
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Tennant Anne
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Wong Fountain Valerie
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Chow-Coster Cynthia
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Yeshaya Sharon
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Poser Michael
Trustee
New on the 2024 filing
0.3 hrs/week
No compensation reported
Zaretsky Andrea
Trustee
New on the 2024 filing
0.3 hrs/week
No compensation reported
Former officers (23)
- Former: Golia Lisa (2022–2023) — Trustee
- Former: Pruzan Jonathan (2022–2023) — Trustee
- Former: Hirshorn William D. (2022) — Trustee
- Former: Carla Harris (2020–2021) — Trustee
- Former: Charles Chasin (2020–2021) — Chair & Trustee
- Former: Craig Abruzzo (2020–2021) — Finance Chair & Trustee
- Former: David Stark (2020–2021) — Trustee
- Former: Jen Easterly (2020–2021) — Trustee
- Former: Joan Steinberg (2020–2021) — President
- Former: Jonathan Pruzan (2020–2021) — Trustee
- Former: Lisa Golia (2020–2021) — Trustee
- Former: Matthew Slovik (2020–2021) — Trustee
- Former: Rose-Anne Richter (2020–2021) — Trustee
- Former: Susan Reid (2020–2021) — Trustee
- Former: Tatiana Segal (2020–2021) — Trustee
- Former: Wesley McDade (2020–2021) — Trustee
- Former: William Dotson (2020–2021) — Trustee
- Former: William Hirshorn (2020–2021) — Trustee
- Former: Ileana Musa (2021) — Trustee
- Former: Peter Akwaboah (2021) — Trustee
- Former: Valerie Wong Fountain (2021) — Trustee
- Former: Andy Saperstein (2020) — Trustee
- Former: Maryalice Dunne (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Morgan Stanley Foundation
How much does Morgan Stanley Foundation give each year?
Morgan Stanley Foundation gave $3.9M across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.1M across 11 grants.
What is Morgan Stanley Foundation's typical grant size?
Morgan Stanley Foundation's median grant in 2024 was $360,000, and its average grant was $353,545, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Morgan Stanley Foundation that year got $679K on average.
Where does Morgan Stanley Foundation give grants?
Morgan Stanley Foundation gives mostly in New York: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Minnesota (23%) and Illinois (13%). The most frequent recipient cities were New York, NY (8 grants).
Does Morgan Stanley Foundation give general operating support?
Occasionally: 9% of Morgan Stanley Foundation's 2024 grants with a stated purpose (1 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Morgan Stanley Foundation's largest grantees?
Morgan Stanley Foundation's largest 2024 grantees include College Possible National ($908,500), Braven Incorporated ($500,000) and Hispanic Federation Inc ($500,000), according to its 2024 IRS Form 990-PF. Together they received 49% of its itemized 2024 grant dollars.
How large is Morgan Stanley Foundation?
Morgan Stanley Foundation reported $15.8M in total assets on its 2024 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $879K (roughly 5% of its investment assets).
What does Morgan Stanley Foundation fund?
The foundation’s 2024 grant purposes include expanding community college success, closing employment gaps for low-income college graduates, career development, and educational access. See mission & focus areas ↑
How do I apply for a grant from Morgan Stanley Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Morgan Stanley Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Does Morgan Stanley give grants to nonprofits?
Yes. Morgan Stanley Foundation, Morgan Stanley's company-sponsored foundation, awarded 11 grants totaling $3.9M in 2024, according to its IRS Form 990-PF. Morgan Stanley may also give through corporate programs that are not reported on the foundation's 990.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Morgan Stanley Foundation funder profile. GrantGraph. Retrieved November 3, 2026, from https://grantable.co/funders/morgan-stanley-foundation-morg_962caa7b4c014d32bd497932be61c7a4
BibTeX
@misc{grantable_136155650_2026,
author = {{Grantable}},
title = {{Morgan Stanley Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/morgan-stanley-foundation-morg_962caa7b4c014d32bd497932be61c7a4},
note = {Accessed 2026-11-03. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Morgan Stanley Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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