Gift Clearing Trust directs virtually all of its charitable giving to philanthropic intermediaries rather than to operating nonprofits. Its entire documented grantmaking consists of multi-part transfers to Morgan Stanley’s Global Impact Funding Trust, indicating the foundation acts primarily as a funder-of-funders or as a vehicle to deploy donor-advised/managed assets. There is no evidence in this record of program-level, geographic, or beneficiary-focused grants.
Highly concentrated: very large, few grants (3) all to a single intermediary; repeat grantee and likely pass-through funding rather than direct program support.
Notable grantees: Morgan Stanley Global Impact Funding Trust Inc
$111.2M
$145.8M
$145.6M
$111.2M
Most grants fall between $58.9M and $77M, with a median of $68M.
25th Percentile
$58.9M
Median
$68M
75th Percentile
$77M
About 100% of grants go to recipients in IN.
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2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | INDIANAPOLIS, IN | $111,201,123 | 2025 | GENERAL SUPPORT |
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | INDIANAPOLIS, IN | $49,915,138 | 2024 | GENERAL SUPPORT |
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | INDIANAPOLIS, IN | $86,045,976 | 2023 | GENERAL SUPPORT |
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$111,201,123GENERAL SUPPORT
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$49,915,138GENERAL SUPPORT
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$86,045,976GENERAL SUPPORT