Mission
THE FOUNDATION'S MISSION IS TO ADVANCE YOUTH EDUCATION AND PROMOTE FINANCIAL INCLUSION FOR FINANCIALLY DISADVANTAGED PERSONS AND COMMUNITIES AS A MEANS OF RELIEVING POVERTY.
Public Charity
MASTERCARD FOUNDATION
MASTERCARD FOUNDATION is a Public Charity. Financial data from the 2024 filing: $6.5B revenue, $1.6B expenses, $50.3B total assets. IRS filings disclose 354 grants awarded by this foundation, totaling roughly $1.9B.
EIN: 980543843
International Economic Development
NTEE: Q32
Latest filing: 2024
Total Revenue$6.5B
Total Expenses$1.6B
Total Assets$50.3B
Grants Given354
Grant Total$1.9B
Filing Years2020–2024
Where $100 goes at Mastercard Foundation
How Mastercard Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$56
Other youth learning programs
$26
Other financial inclusion programs
$7
Other Program services Expenses incl
Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Mastercard Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
Arizona State University
YOUTH LEARNING
$40,434,702
UNICEF The United Nations Children's Fund
YOUTH LEARNING
$35,000,000
FINANCIAL INCLUSION
$22,673,980
FINANCIAL INCLUSION
$18,133,840
YOUTH LEARNING
$14,999,999
Showing up to 5 of 354 total records — full history available with membership.
Officers & Directors
HEAD - PAN AFTRICA PROGRAMS
Amos Odero
DIRECTOR
Carole Wamuyu Wainaina
SENIOR DIRECTOR, FINANCE
David Bagenda
CHIEF FINANCIAL OFFICER
Douglas Kasambala
DIRECTOR
Ellen Johnson Sirleaf
DIRECTOR
Jay Ireland
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.5B | $1.6B | $50.3B |
| 2023 | $680.3M | $1.5B | $42.2B |
| 2022 | $424.1M | $1.4B | $29.2B |
| 2021 | $422.9M | $1.5B | $30.8B |
| 2020 | $356.8M | $947.7M | $31.5B |
Between 2020 and 2024, reported annual revenue grew from $356.8M to $6.5B (+1725%), with total assets most recently reported at $50.3B.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AR, AZ, CA, CO, CT, DC, and 4 other states.
ARAZCACOCTDCDEGAILIN
Full geographic grant map with state-by-state breakdown available with membership.