The Morgan Stanley Alliance for Children’s Mental Health Announces Call for Innovation Award Applications in Support of Organizations Changing Youth Mental Health Landscape
02 Maio 2022 - 11:00AM
Business Wire
- Se cond edition of the program to fund a new set of
solutions addressing gaps in care for children’s mental health
- Program calls attention to mental health as one of the most
underfunded areas in philanthropic giving which has been
exacerbated by the pandemic
Morgan Stanley today announced the second call for applications
for the Morgan Stanley Alliance for Children’s Mental Health
Innovation Awards, which aims to identify and fund mental
healthcare solutions for children and young adults across the
United States. As part of this initiative, the Alliance – composed
of key leaders in the space – will award grants for a total of
$500,000, consultation and training with industry professionals,
and capital showcasing opportunities to selected U.S.-based 501(c)3
public charities advancing children’s mental health and addressing
challenges of stress, anxiety, depression or other mental health
issues.
Since the launch of this program, the crisis among children’s
mental health has only worsened due to various factors including
COVID-19 and social injustices.1 This initiative aims to source and
scale game-changing solutions that can help change the trajectory
of children’s mental health in a historically underfunded
space.
“The past two years have presented significant challenges to the
mental well-being of youth and families everywhere,” said Ted Pick,
Co-President at Morgan Stanley and Chair of the Alliance for
Children’s Mental Health Advisory Board. “To continue the journey
of properly addressing the complex challenges facing children’s
mental health, the Alliance seeks to provide funding to the
Innovators whose programs best capture the qualities of
determination and imagination. And importantly, too, that an
Innovation Award will help these Innovators achieve scaling
potential to deliver lasting impact for our kids.”
Applications due by July 15, 2022, at 5 p.m. ET and available
here, will be reviewed based on their innovation, scope, impact and
potential by an expert panel of judges in the mental health field.
Programs must address specific issues and unmet needs with the goal
of reducing stigma, increasing access to care, improving equity,
enabling prevention and enhancing intervention in mental health.
Selected organizations will gain access to capital to test and
scale their work and will present their solutions in a showcase
event to potential funders.
In its inaugural edition, the Alliance announced Black Girls
Smile, citiesRISE, the Rural Behavioral Health Institute, Smart
from the Start, and Teen Line as the first winners of the
Innovation Awards. Additional funding has been raised as a result
of showcase opportunities with the Innovation Awards. Morgan
Stanley will continue to promote these organizations with a new
video series launching in May.
“Collaboration is critical to affect change in youth mental
health. It has been a tremendous honor to work with the first
cohort of Innovation Award winners and see the impact of their
solutions grow throughout our time together,” said Joan Steinberg,
President of the Morgan Stanley Foundation, and CEO of the Alliance
for Children’s Mental Health’s Advisory Board. “We look forward to
building on this success to welcome and work with the next round of
winners, bettering the emotional well-being of children and young
people now and into the future.”
Applications are now being accepted through July 15, 2022, at 5
p.m. ET. To learn more about the application process, interested
organizations can sign up for a briefing session on May 18 from 3-4
p.m. ET here and submit their innovative ideas here.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing a wide range of investment banking, securities,
wealth management and investment management services. With offices
in 41 countries, the Firm’s employees serve clients worldwide
including corporations, governments, institutions and individuals.
For further information about Morgan Stanley, please visit
www.morganstanley.com.
About Morgan Stanley Alliance for Children's Mental
Health
The Morgan Stanley Alliance for Children's Mental Health brings
together key leaders in the children's mental health space and
combines the resources and reach of Morgan Stanley and its
Foundation with the knowledge and experience of its distinguished
nonprofit partner organizations. The Alliance helps strategically
address children's mental health concerns and the far-reaching
challenges of stress, anxiety and depression. For more information
about the Alliance, visit
www.morganstanley.com/mentalhealthalliance.
© 2022 Morgan Stanley & Co. LLC and Morgan Stanley Smith
Barney LLC. Members SIPC. CRC 4710227 5/2022
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