
MS GIFT (Morgan Stanley Global Impact Funding Trust, Inc.) operates a donor-advised fund program that helps donors give tax‑efficiently to charities worldwide, supporting children’s health and mental health, disaster relief, medical research (GIFT Cures), diversity/equity initiatives, sustainable investing and other philanthropic causes while providing due diligence, donor tools and bespoke donor services.
Morgan Stanley Global Impact Funding Trust Inc. stands out for the scale of its unrestricted giving: in 2024 it made a $120,240,875 general-support grant to Fidelity Investments Charitable Gift Fund, alongside another $22,042,386 grant to National Philanthropic Trust and a $21,323,522 grant to UBS Donor Advised Fund. The trust operates as a Bank DAF Program, channeling donor-advised philanthropy through Morgan Stanley’s infrastructure rather than funding individuals or program-related investments. Its recent grants show a pattern of broad, flexible support rather than tightly restricted project grants, with many awards labeled “unrestricted general support.” The grant list also shows that the trust gives across a wide range of organizations, including hospitals, universities, faith-based institutions, and humanitarian groups. Children’s Hospital Los Angeles received two large grants in consecutive years, and Johns Hopkins University School of Medicine received $10,000,000 in both 2023 and 2024. Other large awards went to SOME (So Others Might Eat), Bioversity International Usa Inc, and the Catholic Diocese of Arlington. The foundation’s publicly visible grantmaking is national in scope, and its portfolio includes repeated support for major donor-advised funds as well as direct gifts to operating charities.
Health-related grantmaking is a clear thread in the recent record. The trust gave $10,085,000 in 2023 and $10,065,000 in 2024 to Children’s Hospital Los Angeles for unrestricted general support, and it also awarded $10,000,000 in both 2023 and 2024 to Johns Hopkins University School of Medicine. Education and faith-based institutions appear prominently as well. St John Bosco Academy received $7,550,000 in 2023, Tampa Catholic High School Inc received $7,225,000 in 2024, and Catholic University of America received $6,000,000 in 2023. The trust also backs environmental and humanitarian work. Environmental Defense Fund Incorporated received $5,460,000 in 2023, while Aurora Humanitarian Initiative Foundation received $6,500,000 in 2024. In human services, SOME (So Others Might Eat) received $10,020,000 in 2024.
Typical grant size is modest relative to the trust’s largest awards: the 25th percentile is $5,000, the median is $10,000, and the 75th percentile is $30,000. That distribution sits alongside a small number of very large grants, including nine- and eight-figure awards in the recent list. The record also shows recurring support: several recipients appear in multiple years, including Children’s Hospital Los Angeles, Johns Hopkins University School of Medicine, Fidelity Investments Charitable Gift Fund, and National Philanthropic Trust. Morgan Stanley Global Impact Funding Trust Inc. is classified as a Bank DAF Program, and it does not fund individuals or make program-related investments.
$1.1B
$9.1B
$3.1B
$1.7B
Most grants fall between $5K and $30K, with a median of $10K.
25th Percentile
$5K
Median
$10K
75th Percentile
$30K
About 1% of grants go to recipients in NY.
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Giving is national, with all listed recipient-country activity in the United States and 1% of grants going to recipients in Indiana, the headquarters state. The most frequent recipient state is New York. Recent recipient cities include Cincinnati, Jenkintown, Orlando, Los Angeles, Washington, DC, Baltimore, Arlington, Tampa, Stanford, Cambridge, New Haven, Austin, and Coppell. The footprint is broad, with repeated awards in places such as Los Angeles, Baltimore, and Cincinnati.
The distribution is centered on smaller grants: the 25th percentile is $5,000, the median is $10,000, and the 75th percentile is $30,000. At the same time, the recent record includes very large awards, including a $120,240,875 grant and multiple grants above $10 million.
No. Several recipients appear in multiple years. Children’s Hospital Los Angeles received grants in both 2023 and 2024, Johns Hopkins University School of Medicine received $10,000,000 in both years, and some donor-advised fund vehicles also recur across years.
The recent grants include donor-advised funds, hospitals, universities, faith-based institutions, human services groups, environmental nonprofits, and humanitarian organizations. Named recipients include Children’s Hospital Los Angeles, Johns Hopkins University School of Medicine, Catholic Diocese of Arlington, Environmental Defense Fund Incorporated, and SOME (So Others Might Eat).
Its giving is national, and the top state by grant count is New York. Only 1% of grants go to recipients in Indiana, the headquarters state.
MELANIE SCHNOLL-BEGUN
PRESIDENT
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | Cincinnati, OH | $120,240,875 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| National Philanthropic Tr | Jenkintown, PA | $22,042,386 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| UBS Donor Advised Fund | Jenkintown, PA | $21,323,522 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Fidelity Charitable Gift Fund | Cincinnati, OH | $20,632,847 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Schwab Charitable Fund | Orlando, FL | $13,221,469 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Children's Hospital Los Angeles | Los Angeles, CA | $10,065,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| SOME (So Others Might Eat) | Washington, DC | $10,020,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Johns Hopkins University School of Medicine | Baltimore, MD | $10,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| National Philanthropic Trust | Jenkintown, PA | $9,046,633 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Bioversity International Usa Inc | Washington, DC | $9,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Catholic Diocese of Arlington | Arlington, VA | $8,355,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Tampa Catholic High School Inc | Tampa, FL | $7,225,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Fidelity Charity | Cincinnati, OH | $6,500,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Aurora Humanitarian Initiative Foundation | Cambridge, MA | $6,500,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| University of Southern California | Los Angeles, CA | $5,533,050 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| The Board of Trustees of the Leland Stanford University | Redwood City, CA | $5,180,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| WINDWARD FUND | Washington, DC | $5,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| MIT Office of the Recording Secretary | Cambridge, MA | $5,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Greenlatinos | Washington, DC | $4,765,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Massachusetts Institute of Technology | Cambridge, MA | $4,760,833 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| University of Virginia Foundation | Charlottesville, VA | $4,637,632 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| University of California San Francisco Foundation | San Francisco, CA | $4,415,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| La Cosecha Community Supported Agriculture | Albuquerque, NM | $4,395,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Duke University | Durham, NC | $4,361,252 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| University of Maryland Baltimore | Baltimore, MD | $4,316,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Brigham and Women's Hospital Inc | Boston, MA | $4,250,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| World Resources Institute | Washington, DC | $4,185,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Buddhist Tzu Chi Foundation | San Dimas, CA | $4,112,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| University of Washington Foundation | Seattle, WA | $4,109,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| The Catholic University of America | Washington, DC | $4,005,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Urban Sustainability Directors Network | Sanford, NC | $4,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Institute for Advanced Study | Princeton, NJ | $4,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Schwab Charitable | Orlando, FL | $3,813,002 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Grow Greater Englewood Inc | Chicago, IL | $3,800,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| St John Bosco Academy | Cottonwood, ID | $3,750,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Landesa Rural Development Institute | Seattle, WA | $3,700,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Northwestern University | Evanston, IL | $3,532,002 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Partnership for Southern Equity | Atlanta, GA | $3,505,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| PACOIMA BEAUTIFUL | Pacoima, CA | $3,500,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Air Force Academy Foundation | USAF Academy, CO | $3,460,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| UCSF Foundation | San Francisco, CA | $3,407,500 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Corporation of the President of the Church of Jesus Christ of Latter-Day Sa ints | Salt Lake Cty, UT | $3,196,037 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Schwab Charitable Gift Account | Orlando, FL | $3,148,479 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Campaign for Female Education (CAMFED) | San Francisco, CA | $3,135,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Morgan Stanley Global Impact Funding Trust Inc | Purchase, NY | $3,089,331 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| PolicyLink | Oakland, CA | $3,050,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| Knights of Columbus Charitable Fund | New Haven, CT | $3,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| New Castle Prevention Coalition | New Castle, DE | $3,000,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| The ReGenesis Institute | Spartanburg, SC | $2,810,000 | 2024 | UNRESTRICTED GENERAL SUPPORT |
| The Church of Jesus Christ of Latter-day Saints | Salt Lake City, UT | $2,644,905 | 2024 | UNRESTRICTED GENERAL SUPPORT |
Fidelity Investments Charitable Gift Fund
$120,240,875UNRESTRICTED GENERAL SUPPORT
National Philanthropic Tr
$22,042,386UNRESTRICTED GENERAL SUPPORT
UBS Donor Advised Fund
$21,323,522UNRESTRICTED GENERAL SUPPORT
Fidelity Charitable Gift Fund
$20,632,847UNRESTRICTED GENERAL SUPPORT
Schwab Charitable Fund
$13,221,469UNRESTRICTED GENERAL SUPPORT
Children's Hospital Los Angeles
$10,065,000UNRESTRICTED GENERAL SUPPORT
SOME (So Others Might Eat)
$10,020,000UNRESTRICTED GENERAL SUPPORT
Johns Hopkins University School of Medicine
$10,000,000UNRESTRICTED GENERAL SUPPORT
National Philanthropic Trust
$9,046,633UNRESTRICTED GENERAL SUPPORT
Bioversity International Usa Inc
$9,000,000UNRESTRICTED GENERAL SUPPORT
Catholic Diocese of Arlington
$8,355,000UNRESTRICTED GENERAL SUPPORT
Tampa Catholic High School Inc
$7,225,000UNRESTRICTED GENERAL SUPPORT
Fidelity Charity
$6,500,000UNRESTRICTED GENERAL SUPPORT
Aurora Humanitarian Initiative Foundation
$6,500,000UNRESTRICTED GENERAL SUPPORT
University of Southern California
$5,533,050UNRESTRICTED GENERAL SUPPORT
The Board of Trustees of the Leland Stanford University
$5,180,000UNRESTRICTED GENERAL SUPPORT
WINDWARD FUND
$5,000,000UNRESTRICTED GENERAL SUPPORT
MIT Office of the Recording Secretary
$5,000,000UNRESTRICTED GENERAL SUPPORT
Greenlatinos
$4,765,000UNRESTRICTED GENERAL SUPPORT
Massachusetts Institute of Technology
$4,760,833UNRESTRICTED GENERAL SUPPORT
University of Virginia Foundation
$4,637,632UNRESTRICTED GENERAL SUPPORT
University of California San Francisco Foundation
$4,415,000UNRESTRICTED GENERAL SUPPORT
La Cosecha Community Supported Agriculture
$4,395,000UNRESTRICTED GENERAL SUPPORT
Duke University
$4,361,252UNRESTRICTED GENERAL SUPPORT
University of Maryland Baltimore
$4,316,000UNRESTRICTED GENERAL SUPPORT
Brigham and Women's Hospital Inc
$4,250,000UNRESTRICTED GENERAL SUPPORT
World Resources Institute
$4,185,000UNRESTRICTED GENERAL SUPPORT
Buddhist Tzu Chi Foundation
$4,112,000UNRESTRICTED GENERAL SUPPORT
University of Washington Foundation
$4,109,000UNRESTRICTED GENERAL SUPPORT
The Catholic University of America
$4,005,000UNRESTRICTED GENERAL SUPPORT
Urban Sustainability Directors Network
$4,000,000UNRESTRICTED GENERAL SUPPORT
Institute for Advanced Study
$4,000,000UNRESTRICTED GENERAL SUPPORT
Schwab Charitable
$3,813,002UNRESTRICTED GENERAL SUPPORT
Grow Greater Englewood Inc
$3,800,000UNRESTRICTED GENERAL SUPPORT
St John Bosco Academy
$3,750,000UNRESTRICTED GENERAL SUPPORT
Landesa Rural Development Institute
$3,700,000UNRESTRICTED GENERAL SUPPORT
Northwestern University
$3,532,002UNRESTRICTED GENERAL SUPPORT
Partnership for Southern Equity
$3,505,000UNRESTRICTED GENERAL SUPPORT
PACOIMA BEAUTIFUL
$3,500,000UNRESTRICTED GENERAL SUPPORT
Air Force Academy Foundation
$3,460,000UNRESTRICTED GENERAL SUPPORT
UCSF Foundation
$3,407,500UNRESTRICTED GENERAL SUPPORT
Corporation of the President of the Church of Jesus Christ of Latter-Day Sa ints
$3,196,037UNRESTRICTED GENERAL SUPPORT
Schwab Charitable Gift Account
$3,148,479UNRESTRICTED GENERAL SUPPORT
Campaign for Female Education (CAMFED)
$3,135,000UNRESTRICTED GENERAL SUPPORT
Morgan Stanley Global Impact Funding Trust Inc
$3,089,331UNRESTRICTED GENERAL SUPPORT
PolicyLink
$3,050,000UNRESTRICTED GENERAL SUPPORT
Knights of Columbus Charitable Fund
$3,000,000UNRESTRICTED GENERAL SUPPORT
New Castle Prevention Coalition
$3,000,000UNRESTRICTED GENERAL SUPPORT
The ReGenesis Institute
$2,810,000UNRESTRICTED GENERAL SUPPORT
The Church of Jesus Christ of Latter-day Saints
$2,644,905UNRESTRICTED GENERAL SUPPORT