MASTERCARD IMPACT FUND

Private FoundationIRS data 2021–2024

PURCHASE, NYEIN 824717403

Annual Giving

$62.1M-15% YoY

Grants

Median Grant

$375K

Organizations Funded

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Foundation Overview

Mission

To advance sustainable and equitable economic growth and financial inclusion around the world by leveraging data insights, expertise, and technology while administering the philanthropic Mastercard Impact Fund

Focus Areas

small businesscovid-19 emergency responsedata for social impactfinancial securitydisaster reliefeconomic developmentracial justicecapacity building

Grant Types

employee matching giftsscholarships/fellowshipsemergency response grantscapacity-building grantsprogrammatic grants

Funded Initiatives

US $5 million grant to Asian Development Bank (2024) supporting up to $1 billion ADB financing for MSMEs; $17 million to Gates Philanthropy Partners COVID-19 Therapeutic Accelerator (2020); $15.5 million to New Venture Fund (2020); $7.3 million to The Aspen Institute

How to Apply

No public application portal available. Organizations should use Contact Us page at mastercardcenter.org/contact-us to inquire about partnership opportunities. Works primarily through invited partnerships and strategic initiatives.

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024-15%

$62.1M

Grants

Median

$375K

States

2023+18%

$73.3M

Grants

Median

$491K

States

2022

$62.0M

Grants

Median

$500K

States

Grant Size Distribution

$375K

Typical Grant (Median)

$25K

Smallest

$192K

25th Pctile

$1.0M

75th Pctile

$17.7M

Largest

Excludes grants ≤ $5K. Half fall between $192K and $1.0M.

Largest Recent Grants

$17.7M

2024

DAI GLOBAL LLC

MD · SMALL BUSINESS

$4.7M

2024

AMERICAN ONLINE GIVING FOUNDATION INC

DE · EMPLOYEE GIVING MATCH

$4.1M

2024

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC (CARE)

GA · SMALL BUSINESS

$3.5M

2024

THE ASPEN INSTITUTE

DC · OTHER STRATEGIC

$3.5M

2024

CARIBOU DIGITAL (UK) LTD

SMALL BUSINESS

Geographic Focus

$17.7M1 grants

$11.4M8 grants

$6.6M3 grants

$4.7M10 grants

$4.7M1 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$143.2M

$62.1M(43.3%)

2023

$183.4M

$73.3M(40.0%)

2022

$237.1M

$62.0M(26.1%)

2021

$231.4M

$77.5M(33.5%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

SciRise maps 4.8M+ grants across 16,000+ foundations to identify which ones are most likely to fund organizations like yours — based on who they already fund, not just what they say they fund.

Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.