Morgan Stanley Foundation
- Assets
- $21.1m
- Revenue
- $598.6k
- Investments
- $19.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1963
- Data as of
- 12/2022
- EIN
- 13-6155650
Organization Overview
Morgan Stanley Foundation is located in New York, NY. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Stanley Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Morgan Stanley Foundation generated $598.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $5.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Morgan Stanley Foundation has awarded 3,666 individual grants totaling $66,392,523. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abruzzo Craig Trustee, Finance Chair | 0.5 | $0 | |
Akwaboah Peter Trustee | 0.25 | $0 | |
Chasin Charles Trustee, Chair | 0.5 | $0 | |
Dotson William J Trustee | 0.25 | $0 | |
Golia Lisa Trustee | 0.25 | $0 | |
Harris Carla A Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,155 |
| Dividends & Interest | $518,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,537 |
| Capital Gain Net Income | $85,134 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,154 |
| Total Revenue | $598,571 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,742 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,742 |
| Contributions, gifts, grants paid | $5,658,500 |
| Total expenses and disbursements | $5,666,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,070,682 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,466 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,599,782 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,117 |
| Total assets | $21,090,172 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $10,347,480 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,347,480 |
Grants Awarded
Over the last fiscal year, Morgan Stanley Foundation has awarded $14,908,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHANCE INC PURPOSE: DIVERSITY SCHOLARSHIPS | $300,000 |
AMERICA NEEDS YOU PURPOSE: DIVERSITY SCHOLARSHIPS | $250,000 |
BRAVEN INCORPORATED PURPOSE: DIVERSITY SCHOLARSHIPS | $375,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: DIVERSITY SCHOLARSHIPS | $20,000 |
COLLEGE POSSIBLE PURPOSE: DIVERSITY SCHOLARSHIPS | $540,500 |
HISPANIC FEDERATION INC PURPOSE: DIVERSITY SCHOLARSHIPS | $500,000 |