Morgan Stanley Announces $10 Million to Support National Urban League Collaboration

Morgan Stanley is pleased to announce $10 million in grants to support the National Urban League (NUL) and expand a number of critical initiatives in communities where the Urban League operates. The funds will support the following initiatives: Infrastructure support for NUL’s Urban Empowerment Fund, credit union and NUL’s financial literacy and homeowner counseling programs. NULs Workforce Development Program with an emphasis on technology programs that help close the digital divide by expanding broadband access for communities and households that lack affordable high speed internet. The current pandemic has demonstrated…

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Morgan Stanley Joins Leadership of Global Carbon Accounting Partnership

The Partnership for Carbon Accounting Financials (PCAF) is proud to announce that Morgan Stanley has joined its global Steering Committee focused on the complex challenge of measuring financed emissions. In addition, Morgan Stanley will lend insights and expertise to help PCAF develop the global accounting standard that can be used by all financial institutions to measure and reduce their climate impact. Launched globally in 2019, PCAF is a collaboration to standardize carbon accounting for the financial sector, enabling a harmonized approach to the assessment and disclosure of greenhouse gas emissions…

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Morgan Stanley Announces $10 million To Support Minority Depository Institutions

Morgan Stanley have announced $10 million in grants to Minority Depository Institutions (MDIs) including Industrial Bank of Washington, D.C., and Citizens Trust Bank of Atlanta, GA. These grants of $5 million to each MDI will allow the banks to bolster loan loss reserves to help weather the economic impact of COVID-19 in the wake of the pandemic. In addition, the grants will help the banks assist small businesses that were affected by COVID-19, particularly those that did not receive federal relief loans, and will support additional investments into technology systems…

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Morgan Stanley Commits $5 Million to NAACP Legal Defense and Education Fund (LDF)

In response to protests across the country and around the world in the wake of the killing of George Floyd, Morgan Stanley has announced a contribution of $5 million to the NAACP Legal Defense and Education Fund (LDF) to support its work in fighting for racial justice and will match the donations of all U.S. employees to the organization. “We are proud to support the Legal Defense Fund which is the leading organization fighting racial discrimination in the U.S.,” said Thomas R. Nides, Vice Chairman of Morgan Stanley. “We hope…

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Morgan Stanley Increases COVID-19 Charitable Commitment to $25 Million

Morgan Stanley has announced an additional $15 million in grants to support the ongoing relief efforts to the global COVID-19 crisis. Building upon the Firm’s previously announced COVID-19 relief commitment of $10 million, this new grant will support organizations that are fighting hunger as well as organizations focused on disease control, caring for the sick, and financial support for those most vulnerable in our communities who are struggling with the economic loss. As part of this commitment, the Firm is launching the Morgan Stanley COVID-19 Hunger Relief Campaign, which incentivizes…

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