MASTERCARD FOUNDATIONPub 78
Pub 78
AI Summary
The Mastercard Foundation is a 501(c) grantmaking organization that focuses on fostering economic opportunities and education for underserved populations. In 2024, it distributed a total of $270.4 million across 109 grantees, emphasizing a relationship-based engagement model that operates by invitation only. As the Foundation does not accept unsolicited proposals, nonprofits interested in funding opportunities are encouraged to explore warm-introduction pathways via Impala's Funder Prospecting.
Mission Statement
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.
Cause Areas
2
Foundations
International development
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
Carnegie Mellon University
$271.1M
13%
AMERICAN UNIVERSITY OF BEIRUT
$68.8M
3%
INKOMOKO
$56M
3%
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Total No. of Grants
52
Median 1st year grant
$250K
Median 2nd year grant
$706.8K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to MASTERCARD FOUNDATION?
No. MASTERCARD FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does MASTERCARD FOUNDATION give?
MASTERCARD FOUNDATION primarily gives to organizations located in New York, Pennsylvania, and District Of Columbia. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are MASTERCARD FOUNDATION’s grants?
The largest share of grants from MASTERCARD FOUNDATION fall in the $1 million to $5 million range. The median first-year grant is about $250 thousand. More detailed grant size data is available to registered users.
How many grants does MASTERCARD FOUNDATION make each year?
In 2024, MASTERCARD FOUNDATION awarded about 50 grants, totaling nearly $270.4 million. More detailed grant metrics are available to registered users.
Who did MASTERCARD FOUNDATION fund recently?
In 2024, MASTERCARD FOUNDATION awarded grants to about 110 grantees. Recent grantees include Carnegie Mellon University, AMERICAN UNIVERSITY OF BEIRUT, and INKOMOKO. More detailed information on all recent recipients is available to registered users.
How do we apply to MASTERCARD FOUNDATION?
MASTERCARD FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.