Morgan Stanley today announced a new two-year Charity Partnership with The Prince’s Trust to help the youth charity in its mission to change the lives of disadvantaged young people across London and the UK.
Voted for by Morgan Stanley’s staff in London, the new partnership will see employees bidding to raise £500,000, which will be matched by the Morgan Stanley International Foundation, to raise a total of £1 million for The Prince’s Trust. The partnership will see Morgan Stanley become a Platinum Patron of The Prince’s Trust.
The funds raised by the partnership will enable the charity to set up a new Prince’s Trust Centre in London, the Morgan Stanley Centre, changing the lives of young people in the capital. The new centre aims to support tens of thousands of young people, giving them the skills and confidence to turn their lives around while helping to create opportunities for them to move into work, training or education.
Colm Kelleher, President of Institutional Securities at Morgan Stanley, said: "Giving back to the communities in which we live and work has long been a core value of Morgan Stanley and its employees. We are very pleased to be partnering with The Prince’s Trust and we are proud to be able to make a lasting difference to the lives of many disadvantaged young people through the new Morgan Stanley Centre."
Martina Milburn, chief executive of The Prince’s Trust, continued: "The Prince’s Trust is absolutely delighted to have been chosen by Morgan Stanley’s staff as their charitable partner for the next two years. This partnership will allow us to create a brand new ‘Morgan Stanley Centre’ offering a lifeline to thousands of disadvantaged young Londoner’s who are desperate to build a brighter future for themselves. We cannot thank Morgan Stanley enough for their support which we know will transform the lives of disadvantaged young people for years to come."
For more information on The Prince’s Trust please contact Sophie Rawlings on
020 7543 1284 or at sophie.rawlings@princes-trust.org.uk
Follow us on Twitter: @PrincesTrust
Find us on Facebook: facebook.com/princestrust
For more information on Morgan Stanley please contact Tom Walton on
020 7425 5658 or at tom.walton@morganstanley.com
Notes to editors:
About The Prince’s Trust
Youth charity The Prince’s Trust helps disadvantaged young people to get their lives on track. It supports 13 to 30 year-olds who are unemployed and those struggling at school and at risk of exclusion. Many of the young people helped by The Prince’s Trust are in or leaving care, facing issues such as homelessness or mental health problems, or they have been in trouble with the law. The Trust’s programmes give vulnerable young people the practical and financial support needed to stabilise their lives, helping develop self-esteem and skills for work. Three in four young people supported by The Prince’s Trust move into work, education or training. The Prince of Wales’s charity has helped more than 700,000 young people since 1976 and supports 100 more each day. Further information about The Prince’s Trust is available at princes-trust.org.uk or on 0800 842 842.
About The Morgan Stanley International Foundation
The Morgan Stanley International Foundation is the philanthropic arm of Morgan Stanley in Europe, the Middle East and Africa (EMEA). Since its inception in 1994, the Foundation has been making contributions to charitable and non profit organisations where Morgan Stanley has a presence, focused on children’s health and education. The Foundation supports young people aged 0-21 and strives to ensure that more children have access to quality healthcare and educational programmes, enabling them to have a more meaningful life.
Morgan Stanley has a strong tradition of supporting its charity partners, including past beneficiaries such as Kids Company, Great Ormond Street Hospital Children’s Charity, the British Heart Foundation and Age Concern. For further information about the Morgan Stanley International Foundation please visit www.morganstanley.com/msif.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 43 countries. For further information about Morgan Stanley please visit www.morganstanley.com.