Morgan Stanley Pledges $10M to Support National Urban League Collaboration

By National Urban League
Published05 PM EDT, Mon Apr 28, 2025
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Morgan Stanley is pleased to announce $10 million in grants to support the National Urban League (NUL) and expand a number of critical initiatives in communities where the Urban League operates. The funds will support the following initiatives:

  • Infrastructure support for NUL’s Urban Empowerment Fund, credit union and NUL’s financial literacy and homeowner counseling programs.
  • NULs Workforce Development Program with an emphasis on technology programs that help close the digital divide by expanding broadband access for communities and households that lack affordable high speed internet. The current pandemic has demonstrated the importance of equitable internet access for working and attending school from home.
  • A four-year internship program in NUL’s Office of the President to provide rising leaders the opportunity to work alongside NUL’s executive management.

“We are proud to further our commitment to our longstanding partner the National Urban League to support underserved communities that have disproportionally been impacted by the COVID 19 pandemic and its economic consequences,” said Thomas R. Nides, Vice Chairman of Morgan Stanley. “This funding will help maximize the positive impact of the NUL on the communities it serves.”

“We are excited to have Morgan Stanley’s support to strengthen our highly impactful economic empowerment initiatives, which advance our relentless efforts to close the racial wealth gap in America,” said Marc H. Morial, President and CEO of the National Urban League.

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