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"We are determined to bring attention and critical resources to the children's mental health space which remains highly underfunded," says Joan Steinberg, president of the Morgan Stanley Foundation and CEO of the Alliance for Children's Mental Health, in announcing the third call for applications for its Morgan Stanley Alliance for Children's Mental Health Innovation Awards.
The philanthropic initiative, which aims to identify and fund mental health solutions for children and young adults, will award five charities $100,000 grants.
Each organization will receive additional support through publicity, fundraising opportunities, as well as consultation and training with industry professionals, per a press release.
In response to the high volume of applications in previous years, the Alliance will expand the Innovation Awards program 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.
Since launching the Innovation Awards, the Alliance has received more than 1,400 applications, "underscoring the significant need to accelerate mental health solutions and improve equity and access to care across the country," says Ted Pick, co-president of Morgan Stanley and chair of the Alliance for Children's Mental Health Advisory Board.
Since its launch in 2021, the Innovation Awards have awarded
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