MASTERCARD FOUNDATION
Annual Giving
$1.4B+6% YoY
Grants
365
Median Grant
$1.5M
Organizations Funded
44
Is this foundation right for you?
SciRise maps the network of who funds whom to surface your next funders. Enter your nonprofit to check your fit.
Foundation Overview
Mission
The Mastercard Foundation works with visionary organizations to enable young people in Africa and Indigenous youth in Canada to access dignified, meaningful, and fulfilling work. The Foundation's mission is to advance education and financial inclusion in developing countries and to support Indigenous youth in Canada. It seeks a world where everyone has the opportunity to learn and prosper.
Focus Areas
Funded Initiatives
$235 million to 30 post-secondary institutions for Indigenous youth education in Canada; $50 million anonymous donation to Climate Fund; Young Africa Works strategy with $500 million commitment to help 30 million young people in Africa secure dignified work by 2030; Mastercard Foundation Scholars Program with goal to award 100,000 scholarships by 2030
How to Apply
The Foundation does not accept unsolicited proposals. Partnership opportunities are managed through closed groups and partner institutions. For Scholars Program, applicants must apply through partner universities which have their own application processes and deadlines.
Does Not Fund
The Foundation does not provide sponsorship or financial support to individual candidates not awarded scholarships through the Scholars Program. The Foundation does not accept unsolicited proposals. The Foundation does not endorse or sponsor independent special events, research, or projects.
Based on publicly available information from the foundation's 990 filings and website.
Giving History
$1.4B
Grants
365
Median
$1.5M
States
15
$1.3B
Grants
311
Median
$1.5M
States
14
$1.2B
Grants
235
Median
$1.3M
States
9
Grant Size Distribution
$1.5M
Typical Grant (Median)
$12K
Smallest
$244K
25th Pctile
$4.4M
75th Pctile
$42.4M
Largest
Excludes grants ≤ $5K. Half fall between $244K and $4.4M.
Largest Recent Grants
$42.4M
2024
Foreign Grants - Europe (Including Iceland and Greenland)
YOUTH LEARNING
$40.4M
2024
Arizona State University
AZ · YOUTH LEARNING
$39.7M
2024
Foreign Grants - Sub-Saharan Africa
YOUTH LEARNING
$36.4M
2024
Foreign Grants - North America
YOUTH LEARNING
$35.9M
2024
Foreign Grants - Sub-Saharan Africa
YOUTH LEARNING
Geographic Focus
Top states by total grant dollars. Based on IRS filing data.
Financial Overview
Grants paid shown as percentage of total assets
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.