Editorial

"This summer, nearly 15 million school children in this country will go without the lunchtime meals provided to them during the school year," said John J. Mack, Chairman and CEO of Morgan Stanley.

During the school year, more than half of the 31 million children who participate in the National School Lunch Program are low-income. Last year, the Department of Agriculture's Summer Food Service Program for Children (SFSP) provided nearly 130 million meals to 2.1 million children across the country. The program reimburses organizations for meals served, but often does not cover the infrastructure or programming costs organizations incur when operating a summer program for children.

"The Summer Food Service Program is a vital nutrition resource during the months students are not in school," said Agriculture Secretary Tom Vilsack. "We know that there are many children who need nutritious food but don't have access to a program in their area. We need more organizations to sponsor sites and sponsors need additional resources from the community in order to succeed in reaching children who need meals. Ongoing partnerships like this one are key to making sure our children have healthy meals during the school year, during the summer months, and all year long."

Boys & Girls Clubs of America, through its summer programs and network of more than 4,300 community-based Clubs, will distribute meals to hungry children.

"We are extremely grateful to the Morgan Stanley Foundation for their generous support that will ensure the young people we serve this summer will not go hungry," said Roxanne Spillett, president and CEO, Boys & Girls Clubs of America. "The economic downturn that has impacted the entire country has been deeply felt by our Clubs, and many summer food programs have been placed in jeopardy. Hopefully others will follow Morgan Stanley's lead."