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Morgan Stanley awards $1.3 million for children’s mental health

Morgan Stanley has announced a grant of $1.3 million to the Columbia University Department of Psychiatry in the Vagelos College of Physicians and Surgeons.

Part of the Morgan Stanley Alliance for Children’s Mental Health initiative launched earlier this year, the funding will support research on children’s mental health, with a focus on vulnerable communities that traditionally lack access to care, the efficacy of telehealth services, the use of innovative technology in assessing adolescent depression, and the impact of COVID-19 and digital technology on the mental health of Latinx youth.

“The COVID-19 pandemic will be accompanied by a wave of mental health consequences for children, adolescents, and families. Unfortunately, these mental health sequelae are super-imposed upon the longstanding and persistent problems of racial and social injustice,” said Jeremy Veenstra-VanderWeele, director of the Division of Child and Adolescent Psychiatry at the Vagelos College of Physicians and Surgeons. “We are grateful to be working with Morgan Stanley and the Alliance for Children’s Mental Health to address this confluence of crises, with our longstanding research efforts on intergenerational predictors of risk and resilience in marginalized communities, as well as our active research on low-cost screening, engagement, and treatment using telehealth and innovative technology.”

Source: PND

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