
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 CA.
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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 |
|---|---|---|---|---|
| Archive Sustaining Foundation | BIDDEFORD, ME | $40,000,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Permanent Archive Fund | BIDDEFORD, ME | $40,000,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Open Library of Canada | BIDDEFORD, ME | $20,000,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| University of Nevada-Reno Foundation | RENO, NV | $18,085,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Aurora Humanitarian Initiative Foundation | Cambridge, MA | $11,250,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| MS GIFT | Purchase, NY | $10,750,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| The Church of Jesus Christ of Latter-day Saints | Provo, UT | $10,162,186 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Johns Hopkins University School of Medicine | Baltimore, MD | $10,010,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Radha Krishna Dham | Tarzana, CA | $9,215,709 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Rush University Medical Center | Chicago, IL | $8,342,500 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| The Board of Trustees of the Leland Stanford University | Stanford, CA | $7,300,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| The Community Foundation for Greater Atlanta Inc | ATLANTA, GA | $6,399,886 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| MALIBU JEWISH CENTER & SYNAGOGUE | Malibu, CA | $6,135,685 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| The Catholic University of America | Washington, DC | $6,105,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | San Francisco, CA | $6,027,650 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| MARIN COMMUNITY FOUNDATION | Novato, CA | $6,025,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Capital Area Food Bank | WASHINGTON, DC | $5,830,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Northwestern University | EVANSTON, IL | $5,742,001 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Breakthrough T1d | NEW YORK, NY | $5,340,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Environmental Defense Fund Incorporated | NEW YORK, NY | $5,285,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Water Org Inc | KANSAS CITY, MO | $5,000,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Lee University | CLEVELAND, TN | $5,000,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Cheshire Health Foundation | Keene, NH | $5,000,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| UVA Health Foundation | Charlottesville, VA | $4,929,055 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Trustees of Dartmouth College | Hanover, NH | $4,761,333 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION INC | Baltimore, MD | $4,416,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Catholic Diocese of Arlington | ARLINGTON, VA | $4,360,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Duke University | Durham, NC | $4,197,334 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Tampa Catholic High School Inc | Tampa, FL | $4,174,217 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Villanova University | VILLANOVA, PA | $3,887,500 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Yale University | NEW HAVEN, CT | $3,662,500 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Catholic Charities of the Archdiocese of Washington Inc | WASHINGTON, DC | $3,535,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Transhealth Inc | FLORENCE, MA | $3,472,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Cicero Research | Austin, TX | $3,400,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Some Inc | Washington, DC | $3,275,833 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| The Board of Trustees of the Leland Stanford Junior University | STANFORD, CA | $3,140,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| University of Chicago | Chicago, IL | $3,120,820 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Campaign for Female Education (CAMFED) | San Francisco, CA | $3,100,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Rare Book School | Charlottesville, VA | $3,100,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Myriad Usa Inc | NEW YORK, NY | $2,960,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Regents of the University of Michigan | Ann Arbor, MI | $2,845,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Self-Realization Fellowship Church | LOS ANGELES, CA | $2,722,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Conservation International Foundation | ARLINGTON, VA | $2,700,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Second Harvest Food Bank of Santa Clara and San Mateo Counties | SAN JOSE, CA | $2,682,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| The Administrators of the Tulane Educational Fund | Dallas, TX | $2,546,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Saint Francis High School | MOUNTAIN VIEW, CA | $2,545,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Shepherd Center Foundation Inc | ATLANTA, GA | $2,540,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Perry Technical Foundation | Yakima, WA | $2,500,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Ayn Rand Museum and Archives Foundation | SANTA ANA, CA | $2,500,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
| Opportunity Village Association for Retarded Citizens | LAS VEGAS, NV | $2,500,000 | 2025 | UNRESTRICTED GENERAL SUPPORT |
Archive Sustaining Foundation
$40,000,000UNRESTRICTED GENERAL SUPPORT
Permanent Archive Fund
$40,000,000UNRESTRICTED GENERAL SUPPORT
Open Library of Canada
$20,000,000UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
The Church of Jesus Christ of Latter-day Saints
$10,162,186UNRESTRICTED GENERAL SUPPORT
Radha Krishna Dham
$9,215,709UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
MALIBU JEWISH CENTER & SYNAGOGUE
$6,135,685UNRESTRICTED GENERAL SUPPORT
The Catholic University of America
$6,105,000UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
Cheshire Health Foundation
$5,000,000UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
Catholic Diocese of Arlington
$4,360,000UNRESTRICTED GENERAL SUPPORT
Tampa Catholic High School Inc
$4,174,217UNRESTRICTED GENERAL SUPPORT
Catholic Charities of the Archdiocese of Washington Inc
$3,535,000UNRESTRICTED GENERAL SUPPORT
Transhealth Inc
$3,472,000UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
Rare Book School
$3,100,000UNRESTRICTED GENERAL SUPPORT
Regents of the University of Michigan
$2,845,000UNRESTRICTED GENERAL SUPPORT
Self-Realization Fellowship Church
$2,722,000UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
UNRESTRICTED GENERAL SUPPORT
Saint Francis High School
$2,545,000UNRESTRICTED GENERAL SUPPORT
Perry Technical Foundation
$2,500,000UNRESTRICTED GENERAL SUPPORT
Ayn Rand Museum and Archives Foundation
$2,500,000UNRESTRICTED GENERAL SUPPORT
Opportunity Village Association for Retarded Citizens
$2,500,000UNRESTRICTED GENERAL SUPPORT