The Morgan Stanley Foundation concentrates its philanthropy on post-secondary access, career attainment, and diversity/equity initiatives for low-income and first-generation college students, often funding programmatic scholarship pipelines and career-development partnerships. Grants are directed to national intermediaries and university-affiliated replication efforts that build college completion and workforce placement capacity, with a clear emphasis on supporting students of color, immigrant and Indigenous scholars, and career-readiness programs. The foundation favors organizations that combine mentoring, near-peer coaching, and employer connections to close employment gaps for underrepresented graduates.
Morgan Stanley Foundation’s largest recent grant in the file is a $1,096,000 award to Sponsors for Educational Opportunity, tied to diversity scholarships. That grant fits a broader pattern of funding college access, completion, and career attainment for low-income and first-generation students, especially students of color and immigrant communities. The foundation’s recent awards also show repeated support for organizations that connect academic support with workforce outcomes, including mentoring, coaching, internship-to-job transitions, and employer-linked preparation. Several grants point to a strong preference for intermediaries and university-affiliated models that can be replicated or expanded. The Research Foundation of the City University of New York received multiple awards tied to CUNY ASAP, including a $448,500 grant for career development enhancements and national replication capacity building. Braven Incorporated received $500,000 for the Morgan Stanley Institute for Inclusion – Braven Growth Project, and iMentor Incorporated received $360,000 for the Institute for Inclusion Education and Career Attainment Initiative. Across the recent record, the foundation backs organizations that serve underrepresented students through structured pathways rather than one-time aid alone.
College access and completion is central to the foundation’s giving. It awarded $908,500 to College Possible National for expanding community college success, and $841,000 to The Research Foundation of the City University of New York for CUNY ASAP under diversity scholarships. Career pathways are another clear focus. Sponsors for Educational Opportunity received $492,000 for closing the employment gap for low-income college graduates, while A Better Chance Inc. received $300,000 for the Morgan Stanley Career Preparation Program. The foundation also supports scholarship and leadership pipelines for underrepresented students. Hispanic Federation Inc. received $500,000 for the Hispanic Federation Career Pathways Initiative, and Prep for Prep received $75,000 for undergraduate affairs supporting students of color pursuing higher education.
Typical grant size is mid-six figures: the 25th percentile is $118,750, the median is $355,000, and the 75th percentile is $500,000. The recent record also includes smaller awards, including $25,000 grants to The New York Women’s Foundation and New York Womens Foundation. Several recipients appear in multiple years, including Hispanic Federation Inc., Braven Incorporated, iMentor Incorporated, A Better Chance Inc., America Needs You, Prep for Prep, Sponsors for Educational Opportunity, and College Possible, which suggests recurring relationships rather than one-off gifts. The foundation is a regular corporate funder and does not fund individuals.
$120K
$15.8M
$610K
$130K
Most grants fall between $119K and $500K, with a median of $355K.
25th Percentile
$119K
Median
$355K
75th Percentile
$500K
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Concentrated, impact-driven giving: a small number of moderately large grants (many repeat awards) to national intermediaries and campus programs to scale proven models. The foundation makes recurring multi-year commitments to a core set of grantees and program initiatives rather than many one-off small gifts.
Notable grantees: Sponsors for Educational Opportunity, Braven Incorporated, iMentor Incorporated, Hispanic Federation, College Possible
Grantmaking is heavily concentrated in New York: 73% of grants go to recipients in the HQ state, and New York is also the top state by grant count. Recent recipient cities cluster in New York City, with awards to organizations such as Sponsors for Educational Opportunity, Hispanic Federation Inc., iMentor Incorporated, A Better Chance Inc., America Needs You, and Prep for Prep. Outside New York, Saint Paul, MN and Chicago, IL appear in the recent grants list through College Possible and Braven Incorporated. All grants in the provided country distribution went to U.S. recipients.
The foundation most often supports organizations working on post-secondary access, college completion, career attainment, and diversity/equity for low-income and first-generation college students. Recent awards also show support for mentoring, coaching, employer connections, and scholarship pipelines for students of color and immigrant communities.
Typical grants are in the mid-six-figure range. The 25th percentile is $118,750, the median is $355,000, and the 75th percentile is $500,000. Recent grants also include smaller awards of $25,000 and larger awards above $900,000.
Yes. Several organizations appear across multiple years in the recent grants list, including Hispanic Federation Inc., Braven Incorporated, iMentor Incorporated, A Better Chance Inc., America Needs You, Prep for Prep, Sponsors for Educational Opportunity, and College Possible.
Grantmaking is concentrated in New York. The provided data shows 73% of grants go to recipients in the HQ state, and New York is the top state by grant count. Recent recipients also include organizations in Saint Paul, MN and Chicago, IL.
It funds programs that connect college support with workforce entry. Examples include $492,000 to Sponsors for Educational Opportunity for closing the employment gap for low-income college graduates, $500,000 to Braven Incorporated for the Morgan Stanley Institute for Inclusion – Braven Growth Project, and $300,000 to A Better Chance Inc. for the Morgan Stanley Career Preparation Program.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| COLLEGE POSSIBLE NATIONAL | SAINT PAUL, MN | $908,500 | 2025 | EXPANDING COMMUNITY COLLEGE SUCCESS |
| HISPANIC FEDERATION INC | NEW YORK, NY | $500,000 | 2025 | HISPANIC FEDERATION CAREER PATHWAYS INITIATIVE |
| BRAVEN INCORPORATED | CHICAGO, IL | $500,000 | 2025 | MORGAN STANLEY INSTITUTE FOR INCLUSION - BRAVEN GROWTH PROJECT |
| SPONSORS FOR EDUCATIONAL OPPORTUNITY | NEW YORK, NY | $492,000 | 2025 | CLOSING THE EMPLOYMENT GAP FOR LOW-INCOME COLLEGE GRADUATES |
| RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK | NEW YORK, NY | $448,500 | 2025 | CUNY ASAP CAREER DEVELOPMENT ENHANCEMENTS AND NATIONAL REPLICATION CAPACITY BUILDING |
| IMENTOR INCORPORATED | NEW YORK, NY | $360,000 | 2025 | INSTITUTE FOR INCLUSION EDUCATION AND CAREER ATTAINMENT INITIATIVE |
| A BETTER CHANCE INC | NEW YORK, NY | $300,000 | 2025 | MORGAN STANLEY CAREER PREPARATION PROGRAM (MSCPP) |
| AMERICA NEEDS YOU | NEW YORK, NY | $260,000 | 2025 | FIRSTGENU |
| PREP FOR PREP | NEW YORK, NY | $75,000 | 2025 | UNDERGRADUATE AFFAIRS: SUPPORTING STUDENTS OF COLOR PURSUING HIGHER EDUCATION |
| NEW YORK WOMENS FOUNDATION | NEW YORK, NY | $25,000 | 2025 | GENERAL OPERATING SUPPORT |
| AMERICAN INDIAN COLLEGE FUND | DENVER, CO | $20,000 | 2025 | MORGAN STANLEY FOUNDATION TRIBAL SCHOLARS PROGRAM |
| THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK (CUNY ASAP) | NEW YORK, NY | $841,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| COLLEGE POSSIBLE | SAINT PAUL, MN | $803,200 | 2024 | DIVERSITY SCHOLARSHIPS |
| BRAVEN INCORPORATED | CHICAGO, IL | $500,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| HISPANIC FEDERATION INC | NEW YORK, NY | $500,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| SPONSORS FOR EDUCATIONAL OPPORTUNITY | NEW YORK, NY | $487,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| IMENTOR INCORPORATED | NEW YORK, NY | $335,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| A BETTER CHANCE INC | NEW YORK, NY | $300,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| AMERICA NEEDS YOU | NEW YORK, NY | $250,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| PREP FOR PREP | NEW YORK, NY | $75,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| THE NEW YORK WOMEN'S FOUNDATION INC | NEW YORK, NY | $25,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| AMERICAN INDIAN COLLEGE FUND | DENVER, CO | $20,000 | 2024 | DIVERSITY SCHOLARSHIPS |
| SPONSORS FOR EDUCATIONAL OPPORTUNITY | NEW YORK, NY | $1,096,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK (CUNY ASAP) | NEW YORK, NY | $600,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| COLLEGE POSSIBLE | SAINT PAUL, MN | $540,500 | 2023 | DIVERSITY SCHOLARSHIPS |
| HISPANIC FEDERATION INC | NEW YORK, NY | $500,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| IMENTOR INCORPORATED | NEW YORK, NY | $375,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| BRAVEN INCORPORATED | CHICAGO, IL | $375,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| A BETTER CHANCE INC | NEW YORK, NY | $300,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| AMERICA NEEDS YOU | NEW YORK, NY | $250,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| PREP FOR PREP | NEW YORK, NY | $75,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| THE NEW YORK WOMEN'S FOUNDATION INC | NEW YORK, NY | $25,000 | 2023 | DIVERSITY SCHOLARSHIPS |
| AMERICAN INDIAN COLLEGE FUND | DENVER, CO | $20,000 | 2023 | DIVERSITY SCHOLARSHIPS |
COLLEGE POSSIBLE NATIONAL
$908,500EXPANDING COMMUNITY COLLEGE SUCCESS
MORGAN STANLEY INSTITUTE FOR INCLUSION - BRAVEN GROWTH PROJECT
CLOSING THE EMPLOYMENT GAP FOR LOW-INCOME COLLEGE GRADUATES
CUNY ASAP CAREER DEVELOPMENT ENHANCEMENTS AND NATIONAL REPLICATION CAPACITY BUILDING
INSTITUTE FOR INCLUSION EDUCATION AND CAREER ATTAINMENT INITIATIVE
UNDERGRADUATE AFFAIRS: SUPPORTING STUDENTS OF COLOR PURSUING HIGHER EDUCATION
THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK (CUNY ASAP)
$841,000DIVERSITY SCHOLARSHIPS
THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK (CUNY ASAP)
$600,000DIVERSITY SCHOLARSHIPS