The Morgan Stanley Innovation Awards program invites U.S.-based 501(c)(3) public charities to submit innovative ideas for advancing children’s mental health. This initiative aligns with the foundation's mission to address the far-reaching challenge of stress, anxiety, depression, or other mental health issues in children and young adults in the U.S. The program is specifically looking for new or piloted projects from direct-service organizations, emphasizing a commitment to impactful, on-the-ground solutions. The program aims to fill a critical funding gap in the under-resourced children's mental health sector, providing essential support and runway for game-changing ideas.
The target beneficiaries for this grant are children and young adults in the U.S. who are experiencing mental health challenges, with a particular focus on disadvantaged and vulnerable populations. The impact goals are multifaceted, seeking to reduce stigma, increase access to care, improve equity in mental health services, enable early identification and prevention, and enhance intervention strategies. By supporting projects that address these specific issues and unmet needs, Morgan Stanley aims to create a more supportive and accessible mental healthcare landscape for young people.
The program's priorities and focuses include tackling specific mental health issues, addressing unmet needs, and fostering innovative approaches. Projects should demonstrate a clear path to reducing stigma, increasing access to care, improving equity, and enabling early identification/prevention or enhancing intervention. The foundation's strategic priorities are evident in its commitment to supporting direct-service organizations and connecting nonprofits with funders, thereby matching much-needed capital with innovative projects. This reflects a theory of change that posits by investing in novel solutions and strengthening nonprofit capacity, significant positive change can be achieved in children's mental health outcomes.
Expected outcomes include five winning organizations receiving grants to scale their innovative work, leading to a broader reach and greater impact of their mental health interventions. Measurable results will likely stem from the projects' ability to demonstrate progress in reducing stigma, increasing access to care, improving equity, and enhancing early identification, prevention, and intervention. Beyond funding, winners will also receive leadership training from industry experts, which is expected to build capacity for nonprofits, foster powerful connections within the sector, and raise their public profile, ultimately contributing to sustained improvements in children's mental health. Each winner receives $100,000 in seed funding.
