Morgan Stanley Foundation Issues $1 Million Grant to Children’s Health Fund

Grant extends more than 20 year partnership and will fund programs in four U.S. cities over next three years
Nov 6, 2014 10:00 AM ET

NEW YORK, November 6, 2014 /3BL Media/ – The Morgan Stanley Foundation today announced a $1 million grant to Children’s Health Fund in continuation of its long-standing partnership with the organization.  Over the next three years, the funds will enable Children’s Health Fund to enhance its services in four U.S. cities – New York, Chicago, Miami and San Francisco.

“Children’s Health Fund’s work to provide comprehensive healthcare to underserved children aligns directly with our mission of ensuring more children get a healthy start to life,” said Joan Steinberg, Global Head of Philanthropy.  “Through this grant and the urban-based initiatives it supports, we hope to make a real impact on children through consistent and needed access to care.”

The funding from the Morgan Stanley Foundation will support a range of nutrition, health and wellness education and screening in each city, including:

  • In Chicago, the grant will fund a new mobile medical clinic and provide care coordination support for ongoing programming in the city.  Once completed, the mobile medical clinic will serve 1,400 children annually.
  • In Miami and New York, funding will support dedicated care professionals who see more than 800 pediatric patients annually.
  • In San Francisco, the funding will sustain the San Francisco Peninsula Children’s Health Project which delivers 600 mental health visits and 1,000 nutrition/fitness encounters each year.

“The generous and steadfast support of Morgan Stanley over two decades has helped us provide high-quality care to homeless and low-income children in major cities across America,” said Karen Redlener, Executive Director of Children’s Health Fund.  “With this new and significantly increased commitment, we are now able to build a much-needed new mobile clinic to reach thousands of children in Chicago, as well as connect vulnerable Miami kids to critical health services.”

The Morgan Stanley Foundation has supported Children’s Health Fund annually since 1992, and recently completed a three-year, $750,000 grant in 2013 that also helped to support direct programming in New York, San Francisco and Chicago.

This grant and partnership with Children’s Health Fund is part of Morgan Stanley’s Global Alliance for Children’s Health, a commitment that has invested in innovations in pediatric care so that more children can get the healthy start they need for consistent and meaningful achievement in life.  The flagship of the Global Alliance efforts is the Firm’s 40-year relationship with the Morgan Stanley Children's Hospital of NewYork-Presbyterian.  Globally, Morgan Stanley created partnerships with international hospitals, including the Great Ormond Street Hospital in London and Beijing Children's Hospital.  And, most recently Morgan Stanley launched its innovative Healthy Cities initiative designed to create linked systems of wellness education and screenings, nutritious foods and safe play spaces for children in need.  The program is currently active in three U.S. cities – Newark, N.J., Oakland, Calif., and Chicago.  Morgan Stanley employees play a critical role, lending expertise, financial support and sweat equity to benefit children’s centers across the globe.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  With offices in more than 43 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. Through its Global Alliance for Children’s Health, the Firm is dedicated to improving the lives and welfare of the world’s youngest citizens.  For more information about Morgan Stanley, please visit

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