# Morgan Stanley hands London Community Foundation £400,000 grant to support Covid response

- Link: https://fundraising.co.uk/2020/08/13/morgan-stanley-hands-london-community-foundation-400000-grant-to-support-covid-response/
- Published: 2020-08-13T08:36:59+01:00
- Author: Melanie May

**Morgan Stanley is to give a £400,000 grant to The London Community Foundation (
LCF) to support its community response to the Covid-19 crisis.**

 

In the first 100 days of lockdown, LCF distributed over £4m in funds to help tackle
the pandemic, with £1.3m committed to food and emergency supplies. However, with
up to 1 in 5 Londoners experiencing food poverty as a result of the pandemic, need
is increasing.

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The new grant will be used to support local charities to provide food and emergency
supplies; legal, housing and employment advice; mental health and domestic abuse
support services, among other necessities, to BAME communities, including supporting
BAME-led charities and community groups.

 

Kate Markey, CEO of [The London Community Foundation](https://londoncf.org.uk/) 
said:

 

> “The speed, agility and responsiveness of small organisations to meet the emergency
> has been inspirational but the challenge facing them, and communities they serve,
> is immense. These vital funds will contribute significantly to supporting charitable
> organisations tackling the social and economic fall-out from the crisis.”

 

As part of its global Covid-19 relief response, Morgan Stanley has already provided
additional grants in EMEA and collaborated with charities addressing the crisis 
to provide equipment and support for hospitals, medical staff and vulnerable families
across the region.

 

This saw funds go to Save The Children to provide emergency kits and food vouchers
to support vulnerable families with young children in Italy, Spain and the UK, to
Médecins Sans Frontières to provide support for its frontline responders in EMEA,
and to NHS Charities Together to support NHS staff with practical essentials and
mental health support in the UK.

 

It has also launched the [Morgan Stanley COVID-19 Hunger Relief Campaign](https://www.morganstanley.com/articles/covid-19-hunger-relief-campaign-feeding-america),
which incentivised employees globally to contribute to local feeding programmes.
Morgan Stanley employees in London raised over £370,000, including a Firm match,
for [The Felix Project](https://thefelixproject.org/) to help tackle escalating 
food poverty in London.

 

These grants were part of Morgan Stanley’s [$25 million commitment](https://www.morganstanley.com/press-releases/morgan-stanley-increases-covid-19-charitable-commitment-to--25-m)
to charities addressing the pandemic.

 * **[£30,000 grants available to infrastructure charities from Lloyds Bank Foundation](https://fundraising.co.uk/2020/08/25/30000-grants-available-to-infrastructure-charities-from-lloyds-bank-foundation/)**(
   25 August 2020)
 * **[Grant-giving charities see requests for support rise 122% during pandemic](https://fundraising.co.uk/2020/09/16/grant-giving-charities-see-requests-for-support-rise-122-during-pandemic/)**(
   16 September 2020)
 * **[B&Q Foundation opens with grants of up to £5k available](https://fundraising.co.uk/2020/10/06/bq-foundation-opens-grants-up-to5k-available/)**(
   6 October 2020)

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