Morgan Stanley announces $ 2 million grant to Feeding America ®

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NEW YORK–(COMMERCIAL THREAD) – The Morgan Stanley Foundation today announced a donation of $ 2.12 million to Feeding America®, including a grant of $ 1.94 million to 28 member food banks across the United States to provide families with children the opportunity to choose from available foods or food boxes in pantries or program sites. The funds will provide a unique opportunity for local food banks to incorporate choice items into food distributions, while maintaining safety protocols due to the coronavirus pandemic. The Choice model provides healthier options and ensures families have access to foods that meet their preferences and dietary needs.

Feeding America predicts that approximately 42 million people, including 13 million children, could face hunger this year in the United States due to COVID-19. In the first twelve months of the pandemic, Feeding America member food banks saw an estimated 55% increase in the number of people seeking food assistance. When the pandemic began, about 4 in 10 people visiting food banks were looking for help for the first time.

“For 60 years, the Morgan Stanley Foundation has been committed to ensuring that children get the right start in the life they deserve – and ensuring they have access to safe and nutritious food is a crucial part of this commitment, ”said Joan Steinberg, Global Head of Philanthropy at Morgan Stanley. “Given the challenges we have seen exacerbated by the pandemic over the past year, we are delighted to build on our ten-year partnership with Feeding America to help fight hunger through this impactful model of choice in the communities where we live and work.

Morgan Stanley has a long-standing commitment to helping communities facing hunger and has donated more than $ 38 million to the Feeding America network of food banks over the past decade. This is the second grant in a four-year commitment to maximize food bank flexibility through different models of choice and ultimately provide healthier meals to more children and families. for best results.

The following Feeding America member food banks are recent Morgan Stanley Foundation grant recipients:

Akron-Canton Regional Food Bank

Akron, Ohio

Capital Region Food Bank

Washington DC

Care and Share Food Bank

Colorado Springs, CO

Central California Food Bank

Fresno, California

Community Food Bank of New Jersey

Hillside, New Jersey

East Texas Food Bank

Tyler, Texas

Feeding the Tampa Bay

Tampa, Florida

FeedMore Western New York, Inc.

Buffalo, New York

Food Bank for New York City

New York, New York State

Delaware Food Bank

Newark, DE

Rio Grande Valley Food Bank, Inc.

Pharr, Texas

Food Finders Food Bank Inc.

Lafayette, IN

Foodlink, Inc.

Rochester, New York

Freestore Food Bank

Cincinnati, Ohio

Good Shepherd Food Bank

Auburn, me

Greater Cleveland Food Bank, Inc.

Cleveland, Ohio

Interfaith Food Shuttle

Raleigh, North Carolina

Lowcountry Food Bank

Charleston, South Carolina

Redwood Empire Food Bank

Santa Rosa, California

Second Harvest Food Bank of Central Florida

Orlando, Florida

Second Harvest Food Bank of East Central Indiana, Inc.

Muncie, IN

Second Harvest Food Bank of Greater New Orleans and Acadiana

New Orleans, LA

Second Harvest Food Bank of Northeast Tennessee

Kingsport, Tennessee

Clark, Champaign and Logan Counties Second Harvest Food Bank

Springfield, Ohio

Second Harvest from Big Bend, Inc.

Tallahassee, Florida

South coast cuisine

Coos Bay, OR

Southeast Texas Food Bank

Beaumont, Texas

St. Louis Area Food Bank

Bridgeton, Missouri

To learn more about Morgan Stanley’s generosity efforts, please visit here.

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 41 countries, the firm’s employees serve clients around the world, including businesses, governments, institutions and individuals. For more information on Morgan Stanley, please visit www.morganstanley.com.

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