The goal is to bring nonprofits and funders together, in order to match much-needed capital with innovative projects in the field of mental healthcare for children and young adults.
Purpose of the Innovation Awards
- The Morgan Stanley Alliance for Children’s Mental Health Innovation Awards initiative aims to identify and fund mental healthcare solutions for children and young adults across the U.S. This program specifically addresses the lack of both private and public investment in children’s mental health and offers effective ways to connect innovative ideas with capital through seed funding, networking and capacity building opportunities.
What Applicants Can Expect?
- The Morgan Stanley Alliance for Children’s Mental Health (the “Alliance”) invites U.S.-based 501(c)(3) public charities to submit innovative ideas for advancing children’s mental health. Five selected winners have opportunities to:
- Learn from peers and build powerful connections.
- In response to the high volume of applications in previous years, they will expand the Innovation Awards to support more charities. Through a capacity building platform, select applicants will be invited to join expert-led and peer learning sessions, as well as networking opportunities, aimed to benefit small to mid-sized organizations.
- Only U.S.-based public charities are eligible to apply.
- They are looking for new or piloted projects from direct-service organizations that will help address the far-reaching challenges of stress, anxiety, depression or other mental health issues in children and young adults on a national or local level in the U.S. Projects must tackle specific issues and address unmet needs, with a goal of reducing stigma, increasing access to care, improving equity in mental health, enabling early identification/prevention or enhancing intervention, especially among disadvantaged and vulnerable populations.
- Organizations that are shortlisted for selection must agree to applicable terms and conditions in order to be eligible for final selection and awarding of any grants.
- While all registered 501(c)(3) public charities based in the U.S. are eligible to apply to the program, it is focused primarily on those with an annual total revenue under $10 million. Applicants with an annual total revenue over $10 million must demonstrate why existing funds cannot be used to support the proposed initiative.
For more information, visit Morgan Stanley.