Morgan Stanley Pledges Additional $8 Million to Feeding America

Financial services firm Morgan Stanley has announced an expansion of its longstanding partnership with Feeding America through a new $8 million commitment to its Fill the Plate initiative and an expansion of its employee volunteer arrangement with the hunger-relief organization.

In the latest phase of the Fill the Plate initiative, the company will award more than $1 million annually to local foodbanks over the next four years and will provide funding to study the effectiveness of child hunger-relief programs; continue its assistance for the National Produce program, which helps provide fresh produce to families in need across the country; and continue its BackPack program, which provides free backpacks filled with food staples so that children who qualify for reduced or free lunch at school are provided with nutritious meals over weekends and long school breaks.

"With more than sixteen million children in the United States in danger of going hungry, we know that we can't solve this issue alone," said Bob Aiken, president and CEO of Feeding America. "We are proud to stand shoulder to shoulder with [Morgan Stanley] in looking for ways to solve this problem."