Morgan Stanley

Morgan Stanley Sponsors Specialized Living Facilities for Differently-Abled Girls and the Elderly in Bengaluru

Feb 26, 2021

Mumbai —

Morgan Stanley (NYSE: MS) today inaugurated the newly constructed barrier free access building for Samarthanam Trust for the Disabled in Bengaluru. The three-storey building spread over 19,000 sq. feet at JP Nagar, Bengaluru, has been designed and built for differently-abled girls and the elderly from underprivileged backgrounds.

As part of Morgan Stanley’s corporate social responsibility program in India, the Firm sponsored the construction and interiors of two floors in the facility. The building’s special features include lighting and paint schemes to help the visually impaired, specialized lifts and ramps, signboards to help the hearing impaired, along with carpeting and acoustic tiling. Necessities such as accessible toilets, brightly colored slope edges and steps for easy recognition have been added to make residents’ life easier, safer and more holistic. The facility is designed to be a home away from home for the 100 girls and 20 elderly residents.

Sanjay Shah, Country Head and Co-Head of Institutional Equities for Morgan Stanley in India, said, “Over the past five years, our partnership with Samarthanam Trust for the Disabled, has strengthened. This is the second project that we are contributing towards in support of the holistic development of those with disabilities, as well as the underprivileged. Globally Morgan Stanley is committed to focusing on the core fundamentals of children’s physical and mental health and as part of this we are very proud that this new facility in Bengaluru will help improve the quality of life for the beneficiaries.”

Morgan Stanley also sponsored the third floor of a barrier-free residential school located in HSR Layout, Bengaluru, which was inaugurated in 2018 and houses 300 children.

Dr. Mahantesh G Kivadasannavar, Founder, Samarthanam Trust for Disabled said, “I acknowledge the support of Morgan Stanley with joy and a huge thanks, for having supported the Specialized Living Facilities for Differently-Abled Girls and the Elderly in our Samarthanam building.  I am very confident that our vision for a barrier free society in collaboration with Morgan Stanley will create and maintain environments in which the elderly and differently abled can participate independently in ways that are equitable and dignified. This will positively go a long way in fulfilling the dreams of the disabled people in leading a full and free life”

About Morgan Stanley

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 worldwide including corporations, governments, institutions and individuals.  For more information about Morgan Stanley, please visit www.morganstanley.com.

About Samarthanam Trust for the Disabled

Samarthanam, a National Award-winning NGO established in 1997, strives towards creating opportunities for differently-abled children to keep pace with the rest of society. Samarthanam Trust stands to be a complete solution provider by supporting education and livelihood needs of persons with disabilities and those from under privileged backgrounds. The organization also facilitates direct livelihood opportunities to hundreds of persons with disabilities and women in distress through its Social Enterprises. Cricket Association for the Blind in India (CABI), the cricketing arm of Samarthanam, fosters the game of blind cricket and visually impaired players across India. Samarthanam envisions touching at least 1,000,000 lives by 2030, providing comprehensive solutions to disabled and underserved communities. For more information about Samarthanam Trust for the Disable, please visit www.samarthanam.org.

For further media queries, please contact:

Nikita S. Mascarenhas
Morgan Stanley | Corporate Communications   
Phone: +91 98193 46920
Nikita.Shah.Mascarenhas@morganstanley.com   

Mr. Niranjan,
Media Coordinator, Samarthanam Trust for the Disabled
Phone: + 91 94808 35965
media@samarthanam.org