Morgan Stanley Expands Partnership with Safe Horizon Through New Grant Supporting the Streetwork Project
November 20 2019 - 9:00AM
Business Wire
The Streetwork Project grant extends the Firm’s funding of
programs that provide a continuum of services to New York City
youth, with focus on the LGBTQ community, by connecting this
vulnerable group with crisis support and long-term care, empowering
them to seek safety and stability to ultimately thrive as young
adults.
Morgan Stanley (NYSE:MS) today announced a $1,000,000 grant to
Safe Horizon, a victim assistance non-profit that provides advocacy
and support to victims who have experienced crimes or abuse
including domestic violence, child abuse, sexual assault and human
trafficking. In addition, the organization is New York City’s
leading provider of emergency services and supportive care for
homeless youth. Safe Horizon supports more than 250,000 individuals
affected by these issues each year.
The new grant will secure necessary funding for Safe Horizon’s
Streetwork Project, its critical but underfunded program
dedicated to assisting thousands of young people up to age 25 who
are homeless, runaways or street-involved, offering a comprehensive
continuum of care to help them stabilize and work toward long-term
safety.
Streetwork Project offers young people in crisis – many of them
in the LGBTQ community – safety and resources each day and night of
the year, providing direct, easy access to a range of services
designed to promote immediate safety and increase long-term
self-sufficiency. Last year, Streetwork Project’s outreach teams
provided emergency care to street-involved youth through over
11,000 contacts. Through this new grant, Morgan Stanley will help
Streetwork Project continue to engage young people through
outreach, drop-in and shelter-based services in the coming years
ahead. Streetwork Project connects young people with intensive
support to meet the following objectives:
- Provide nutritious, freshly cooked meals through their kitchens
and pantries
- Empower youth struggling with persistent trauma symptoms to
increase their coping skills
- Enroll clients in Medicaid to access health care
- Enroll young people in SNAP benefits to access healthy foods in
markets
- Place young people in their own apartments through transitional
and supportive housing
“Safe Horizon has a critically important mission: to provide
victims of abuse with the necessary support to help them heal and
to empower them to build their lives,” said Joan Steinberg, Global
Head of Philanthropy at Morgan Stanley. “Safe Horizon’s efforts are
essential to supporting this community and allowing these
vulnerable youth to lead healthy and successful lives.”
In addition to the new Streetwork Project funding, Morgan
Stanley’s grant will also support Safe Horizon’s Child Advocacy
Centers (CACs).
Without adequate support and early intervention, the trauma from
abuse or violence can result in lifelong challenges. Safe Horizon’s
CACs ensure that every child victim of sexual or severe physical
abuse receives a professional and coordinated investigation and
response from a multidisciplinary team of experts.
“The generous support of Morgan Stanley enables us to continue
providing necessary resources that ensure youth affected by
homelessness, abuse and violence are offered a safe place for
healing and rebuilding,” said Ariel Zwang, CEO at Safe Horizon.
“Their investment in our programs and services truly shows the
commitment of Morgan Stanley to empower youth for a better
future.”
The Firm has funded the CAC annually since 2012, providing more
than $500,000 in support already. Beyond financial support, Morgan
Stanley employees have been active with Safe Horizon volunteering
and providing pro bono support for the past seven years.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm
providing investment banking, securities, wealth management and
investment management services. With offices in more than 41
countries, the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
About Safe Horizon
Established in 1978, Safe Horizon is the largest non-profit
victim services agency in the United States. It touches the lives
of more than 250,000 children, adults, and families affected by
crime and abuse throughout New York City each year. Safe Horizon
envisions a society free of family and community violence, leading
the way by empowering victims of domestic violence, child abuse,
sexual assault and human trafficking to move from crisis to
confidence. Safe Horizon’s mission is to provide support, prevent
violence and promote justice for victims of crime and abuse, their
families and communities. For more information please visit
safehorizon.org.
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version on businesswire.com: https://www.businesswire.com/news/home/20191120005220/en/
Media Relations: Gaston Terrones Dimant
Gaston.Terrones.Dimant@morganstanley.com
Katherine Stueber Katherine.stueber@morganstanley.com
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