NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management’s Corporate Equity Solutions business today announced a $10,000 donation to Feeding America. A check presentation was made at the recent National Association of Stock Plan Professionals (NASPP) annual conference in Las Vegas. The funds will help provide as many as 90,000 meals to Americans struggling with hunger.
This donation is part of a nationwide partnership between Morgan Stanley and Feeding America, which seeks to provide 10 million healthy meals and 50 million servings of fresh produce to children across the country.
“More than 49 million Americans, including 16 million children, live at risk of hunger. Since 2009, Morgan Stanley has partnered with Feeding America to directly deliver healthy meals to young children,” said Chris Randazzo, Chief Information Officer for Morgan Stanley Wealth Management and Investment Management and Head of Corporate Equity Solutions. “I am honored to contribute on behalf of our business to such an outstanding organization.”
The NASPP conference is the largest annual gathering of U.S. stock plan professionals. Last year, Morgan Stanley’s partnership with Feeding America garnered the attention of Jesse Brill, the Chairman of the NASPP, who shares and embraces the social responsibility to eliminate food waste and feed millions. During his opening remarks at the 2013 conference, and in subsequent communication with NASPP’s 6000 members, Mr. Brill proposed to personally donate to Feeding America on behalf of every company who implemented their own program. Morgan Stanley continued to spread awareness of the cause throughout this year’s NASPP conference, engaging its many corporate clients and business partners at the event to meet the donation goal.
“We are so grateful,” said Matthew Muldoon, Chief Development Officer of Three Square Food Bank − Feeding America’s local food bank in Las Vegas − who accepted Morgan Stanley’s donation at the conference. “We sincerely thank Morgan Stanley for joining with our network of 200 food banks and more than 60,000 local food agencies to reduce food insecurity across the country.”
Morgan Stanley’s Global Stock Plan Services, one of several businesses which comprise Corporate Equity Solutions, services nearly 350 corporate stock plan clients, services nearly 350 corporate stock plan clients, including 20 percent of the Fortune 500 with over 1.5 million participants in more than 150 countries.
About Morgan Stanley Wealth Management
Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, banking services, annuities and insurance, retirement and trust services.
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. With offices in more than 43 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 Feeding America
Feeding America is the nations’ largest domestic hunger-relief organization. For the 49 million people forced to make choices between food and other basic necessities, the Feeding America network offers relief from the crushing stress of living life on the edge. Its mission is to feed the hungry through its member food banks nationwide and engage our country in the fight to end hunger.
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CRC 1082367 12/2015