Mastercard Foundation
Private foundationEIN 98-0543843
Mastercard Foundation is a private foundation (EIN 98-0543843). Its most recent IRS Form 990-PF filing reports about $270M in grants paid across 52 awards in 2024. Its largest giving areas are Human Services, Education, Healthcare. This profile is built from public 990-PF giving history — it reflects what the funder has actually funded, not an open call for proposals.
Funding capacity & financials (FY2024)
From Mastercard Foundation's IRS Form 990. Assets show capacity; the giving rate shows how actively they deploy it (a private foundation must pay out ~5%/yr) — useful for sizing your ask.
Leadership & board
Officers, directors & key staff from Mastercard Foundation's IRS Form 990 (Part VII).
Who does the Mastercard Foundation fund?
The Mastercard Foundation is a private foundation that awards grants nationally (and, in some cases, internationally). According to its most recent IRS Form 990-PF filing (FY2024), it paid about $270M across 52 grants, concentrated in Human Services, Education and Healthcare.
What types of organizations does the Mastercard Foundation fund?
The Mastercard Foundation's recent grants went to nonprofits and institutions working in Human Services, Education and Healthcare. Recent recipients include UNICEF The United Nations Children's Fund, Arizona State University, UNICEF The United Nations Children's Fund. Because giving is reported in aggregate on the 990-PF, the best signal of fit is the funder's giving history below.
How much does the Mastercard Foundation give, and what is a typical grant?
In FY2024, the Mastercard Foundation awarded about $270M across 52 grants — an average grant of about $5.2M and a median of about $1.4M.
Where does the Mastercard Foundation award grants?
The Mastercard Foundation awards grants nationally (and, in some cases, internationally), based on the locations of the recipient organizations in its 990-PF giving records.
Does the Mastercard Foundation accept unsolicited grant applications?
Like most private foundations, the Mastercard Foundation generally does not publish an open application cycle — many fund by invitation or through existing relationships. This profile reflects the funder's giving history from public IRS Form 990-PF filings, not an open call for proposals. Always confirm the Mastercard Foundation's current guidelines before reaching out.
Who are recent Mastercard Foundation grant recipients?
Recent Mastercard Foundation grant recipients include UNICEF The United Nations Children's Fund ($98M); Arizona State University ($40M); UNICEF The United Nations Children's Fund ($35M); One Acre Fund ($23M); Inkomoko (formerly African Entrepreneurship Collec ($18M); Grassroots Business Partners Inc ($17M). The full recipient list and giving history are available on GrantSonar.
Example Mastercard Foundation grant recipients
A sample from the funder's 990-PF giving records. The full list is on GrantSonar.
| UNICEF The United Nations Children's FundNY | $98M |
| Arizona State UniversityAZ | $40M |
| UNICEF The United Nations Children's FundNY | $35M |
| One Acre FundIL | $23M |
| Inkomoko (formerly African Entrepreneurship CollecWA | $18M |
| Grassroots Business Partners IncDC | $17M |
| University of California BerkeleyCA | $15M |
| The World BankDC | $13M |
Based on the Mastercard Foundation's public IRS Form 990-PF filings (most recent: FY2024). 990 data reflects giving history and typically lags 1–2 years; it is not an open call for proposals. Always confirm the funder's current guidelines before applying.
Built from 236,000+ U.S. grantmaking foundations and 4.6 million itemized grant records in public IRS Form 990 / 990-PF filings (135,000+ funders with itemized giving history).
See if the Mastercard Foundation fits your organization
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