Morgan Stanley - January 2018

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Imagine a world where no child experiences hunger and access to healthy, nutrient-rich foods came without challenges. This is the world Morgan Stanley envisions, and for more than 50 years, Morgan Stanley has worked closely with communities to make this vision of improving children’s health a reality. Fueled by the passions, talents and hard work of its employees, Morgan Stanley continues to drive progress in the fight against hunger.

Since 2009, the Morgan Stanley Foundation has given more than $21 million to Feeding America to support its countrywide network of food banks. The funding allows food banks, including Sacramento Food Bank & Family Services (SFBFS), to further address children’s food insecurity and access to fresh produce in their local communities. “Local food banks are key partners in Morgan Stanley’s mission to help ensure every child has the essentials they need for a healthy start in life,” says Joan Steinberg, Global Head of Philanthropy at Morgan Stanley and President of the Morgan Stanley Foundation. “Regular access to nutritious food is a critical component of that mission, and we are proud to support this program both financially and through our employee volunteers.” SFBFS received a generous $25,000 capacity-building grant from this initiative that went towards the purchase of commercial refrigeration units for several of SFBFS’ Partner Agencies.

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With the grant, SFBFS and its Partner Agencies have achieved greater scale and efficiency in the distribution of fresh, healthy produce while cutting down on food waste. According to SFBFS’ Agency Relations Manager Rosie Cerna, “Having the refrigeration units enabled our Partner Agencies to provide families with fresh produce on a more consistent basis. The units also increased the capacity of our Partner Agencies by allowing them to directly pick up more fresh food from our retail grocery stores.” The vital partnership SFBFS shares with companies like Morgan Stanley puts Sacramento County one step closer to a reality where children and families no longer experience hunger.

SFBFS is honored to also have a stellar relationship with local Morgan Stanley employees. Year after year, Morgan Stanley employees are highly involved with SFBFS through group volunteer activities, workplace giving and donation drives. The valuable talents that Morgan Stanley employees bring to SFBFS are essential to advancing food security, hunger awareness and self-sufficiency in the Sacramento community.

Thanks to the wonderful support of companies like Morgan Stanley, SFBFS can continue to serve children and families in need.  

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