Teenage Cancer Trust’s corporate partnership with Morgan Stanley raised £1.4m, smashing the original £1m target.
Funds will be used to develop a new ward at University College Hospital as well as provide specialist care and facilities for young patients.
The partnership with Morgan Stanley’s London office at Canary Wharf began in February 2019 and fundraising efforts have now drawn to a close.
Three new specialist nurses are already in place and a fourth is being recruited, which means that for the first time the charity is able to reach every young person with cancer in the South East.
Because the partnership exceeded the fundraising target four youth support coordinators in London have been hired to provide emotional support and organise social activities.
Kate Collins, chief executive of Teenage Cancer Trust, said: “Being diagnosed with cancer as a teenager or young adult is devastating. But getting the right support at the right time can make all the difference, so the work our partnership with Morgan Stanley is funding will change lives.
“It means that in the future every young person with cancer in London and the South East will have a nurse to turn to for care and support when things get tough. And that hospital-stays and appointments will be as comfortable as possible.”
Morgan Stanley staff also volunteered over 1,500 hours. This involved things like senior employees mentoring nurses in leadership skills, employability workshops for young people and strategic support to the charity’s leadership team.
Piers Harris, head of fixed income capital markets EMEA at Morgan Stanley and a trustee of the Morgan Stanley International Foundation said: “I’m incredibly proud of all the Morgan Stanley employees who dedicated their time and expertise throughout the partnership. We hope the funds raised and the connections made will contribute to the lasting legacy Teenage Cancer Trust has created to ensure young people never have to face cancer alone.”