Jed Foundation and Child Mind Institute Receive $20 Million Gift

Earlier this month, Morgan Stanley announced a $20 million investment to create the Morgan Stanley Alliance for Children’s Mental Health to expand access to and funding for mental health initiatives for youth and adolescents. Two of the main beneficiaries of the initial gift are the Jed Foundation and Child Mind Institute. Both organizations will use the funding to enhance their resources and offerings.

As Reuters reports, over 17 million Americans under age 18 have a mental health challenge, but the vast majority don’t receive treatment, either due to prohibitive cost or access.