Morgan Stanley Announces $10 Million to Support National Urban League Collaboration
Morgan Stanley (NYSE: MS) 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:
"We are proud to further our commitment to our longstanding partner the National Urban League to support underserved communities that have disproportionally been impacted by the COVID 19 pandemic and its economic consequences," said Thomas R. Nides, Vice Chairman of Morgan Stanley. "This funding will help maximize the positive impact of the NUL on the communities it serves."
"We are excited to have Morgan Stanley's support to strengthen our highly impactful economic empowerment initiaties, which advance our relentless efforts to close the racial wealth gap in America," said Marc H. Morial, President and CEO of the National Urban League.
This is the latest action Morgan Stanley has taken to support communities grappling with the economic and health crisis in the wake of the COVID-19 pandemic. Previous commitments Morgan Stanley has made include:
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