Morgan Stanley Global Impact Funding Trust Inc

Analysis

Morgan Stanley Global Impact Funding Trust Inc is a registered charity in United States, based in Westfield, NY. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Morgan Stanley Global Impact Funding Trust Inc reported income of $1.30bn and spending of $879.8m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $751.9m to $1.30bn (+73%), an average of +15% a year. The sharpest change came in the year to December 2019, when income rose by 85%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morgan Stanley Global Impact Funding Trust Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Bank of America Charitable Gift Fund ($1.19bn), American Endowment Foundation ($1.32bn) and Jewish Communal Fund ($1.04bn).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. At year end it held assets of $5.63bn against liabilities of $97.7m, net assets of $5.53bn.