· Public charity
Mastercard Foundation
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.
What you funded, over time
By grantee IRS cause code (NTEE).
A cause breakdown isn’t shown here: 71% of MASTERCARD FOUNDATION’s grantee dollars fall outside its nine largest cause areas, whether because the recipient carries no IRS cause code or because its cause sits in the long tail. A chart would be mostly one residual band and misrepresent the portfolio.
Where the money goes
Your grants by size, and where they go.
The 52 grants below total $270,371,759 — the rows itemised in this filing. The $1,410,232,855 headline is the total grant expense reported on the return, so the remaining $1,139,861,096 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.
By grant size · FY2024
- $10k–50k1 grant · $20k
- $50k–250k14 grants · $1.6M
- $250k+37 grants · $269M
| Recipient | Amount |
|---|---|
| Arizona State University | $40,434,702 |
| UNICEF The United Nations Children's Fund | $35,000,000 |
| One Acre Fund | $22,673,980 |
| Inkomoko (formerly African Entrepreneurship Collec | $18,133,840 |
| University of California Berkeley | $14,999,999 |
| Global Energy Alliance for People & Planet (GEAPP) | $12,199,289 |
| American University of Beirut | $12,000,000 |
| CorpsAfrica | $10,338,483 |
| American University of Beirut | $10,319,223 |
| Heifer Project International | $9,804,050 |
| Tufts University | $9,434,798 |
| Global Give Back Circle | $8,713,490 |
| United Nations Capital Development Fund | $7,211,644 |
| CapitalPlus Exchange Corporation | $7,000,000 |
| United Nations Development Programme | $6,434,649 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY18–24, $28.4M) land where the poverty rate runs at 17%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
Grants abroad, by region — $1.1B on the FY2024 return
Schedule F, as filed: 4 regions. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.
Stated purpose: YOUTH LEARNING · FINANCIAL INCLUSION
Stated purpose: YOUTH LEARNING · FINANCIAL INCLUSION
Stated purpose: YOUTH LEARNING · FINANCIAL INCLUSION
Stated purpose: YOUTH LEARNING
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving. Grants abroad on Schedule F are filed by region, purpose and amount with no recipient name, so they are shown by region and cannot be placed on the country map or matched to a grantee.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +29% since the first grant, against -2% for the ones you funded once.
76 repeat relationships — 36 still active in FY2024, 40 since wound down; 10 grantees were first funded in FY2024 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 93% of grant dollars renewed an existing relationship; $18M went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
- CMCarnegie Mellon University8× · 2017–2024 · $271M · revenue +15%
- AUAMERICAN UNIVERSITY OF BEIRUT8× · 2017–2024 · $66M · revenue +14%
- IINKOMOKO7× · 2018–2024 · $56M · revenue +274% · 73% of their budget
Funded once
- IBInternational Bank for Reconstruction and Developone grant, 2017 · $4.4M
- IFINTERNATIONAL FOOD POLICY RESEARCH INSTITUTEone grant, 2022 · $1.6M · revenue +23%
- GMGSMA MOBILE FOR DEVELOPMENT FOUNDATION INCone grant, 2018 · $1.1M · revenue +17%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
See schedule o for a more detailed description of ide's mission statement and achievements.
Crisis group works to prevent and resolve deadly conflict around the world by informing and influencing the perceptions and actions of policymakers and other key conflict actors. to this end, we endeavour to talk to all sides and provide…
Wri is committed to creating change that improves people's lives and ensures the natural world can thrive. (see schedule o)wri's bold vision requires a formula for success we call "count it. change it. scale it.":- count it: our work is…
A nonprofit scientific research organization that develops vaccines and antibodies for hiv, tuberculosis, and emerging infectious diseases.
Nuru is a global collective that enables inclusive and sustainable prosperity by identifying communities at the stability tipping point, strengthening rural livelihoods and market systems, and fostering stabilizing connections that repair…
The global impact investing network, inc. is dedicated to increasing the scale and effectiveness of impact investing to solve systemic problems facing people and the planet. impact investments are investments made into companies,…
Improve the food value chain in developing countries by mobilizing corporate volunteers to share knowledge and expertise with small and growing food processors.
Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…
Activate empowers scientists to reinvent the world by bringing their research to market. activate partners with u.s. based funders, research institutions, and other pillars of the hard technology community to help entrepreneurial…
The mission of the george washington university (gw) is to educate individuals in liberal arts, languages, sciences, learned professions, and other courses and subjects of study, and to conduct scholarly research and publish the findings…
Ibp works with civil society, governments, international institutions and the private sector to bring about a world in which empowered citizens participate in open, inclusive public budgeting processes to shape policies and practices that…
Actionaid is an international network building a just, equitable, and sustainable world in solidarity with communities on the frontlines of poverty and injustice. actionaid usa is the u.s. branch of actionaid international, which works in…
For reference, the grantee most central to the portfolio’s shape is The Global Development Incubator Inc and the most unlike its peers is Conflict and Development Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 24 years old; the field is 18. You back the established end — and your money leans older still.
The field is 19% startups (under 5 years old) — 2% of your grantees by number, and just 1% of your money.
The orgs you fund almost never close — 2% lost their exemption, against 10% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
90 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 90 of the 117 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds Carnegie Mellon University ↗
- Who funds AMERICAN UNIVERSITY OF BEIRUT ↗
- Who funds INKOMOKO ↗
- Who funds GRASSROOTS BUSINESS PARTNERS INC ↗
- Who funds HEIFER PROJECT INTERNATIONAL ↗
- Who funds ONE ACRE FUND ↗
- Who funds CORPSAFRICA ↗
- Who funds SHINING HOPE FOR COMMUNITIES INC ↗
- Who funds BRAC USA INC ↗
- Who funds TECHNOSERVE INC ↗
- Who funds UNITED NATIONS DEVELOPMENT CORPORATION ↗
- Who funds Mercy Corps ↗
- Who funds EDUCATION DEVELOPMENT CENTER INC ↗
- Who funds INTERNATIONAL YOUTH FOUNDATION ↗
- Who funds CAPITALPLUS EXCHANGE CORPORATION ↗
- Who funds GLOBAL COMMUNITIES ↗
- Who funds Trustees of Tufts College ↗
- Who funds GLOBAL GIVE BACK CIRCLE ↗
- Who funds ACCION INTERNATIONAL ↗
- Who funds AFRICAN CENTER FOR ECONOMIC TRANSFORMATION ↗
- Who funds EMERGING PUBLIC LEADERS INC ↗
- Who funds COOPERATIVE LEAGUE OF THE UNITED STATES OF AMERICA ↗
- Who funds BATONGA FOUNDATION ↗
- Who funds International Rescue Committee INC ↗
- Who funds JOHNS HOPKINS UNIVERSITY ↗
- Who funds GENERATION YOU EMPLOYED INC ↗
- Who funds KIVA MICROFUNDS ↗
- Who funds Educate ↗
- Who funds Cornell University ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: Gates Foundation · The Rockefeller Foundation · The Ford Foundation · Wellspring Philanthropic Fund Inc · Conrad N Hilton Foundation · Foundation to Promote Open Society · Family Health International Inc · The William & Flora Hewlett Foundation · New Venture Fund · John D and Catherine T Macarthur Foundation · Mulago Foundation · Rockefeller Philanthropy Advisors Inc
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Mastercard Foundation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
- Education Development Center Inc — 65% of income from government
- Mercy Corps — 47% of income from government
- Global Communities — 44% of income from government
- Massachusetts Institute of Technology — 35% of income from government
- International Youth Foundation — 17% of income from government
- West African Research Association — 13% of income from government
- Trustees of Tufts College — 13% of income from government
- Johns Hopkins University — 12% of income from government
- Root Capital Inc — 9% of income from government
- President and Fellows of Harvard College — 7% of income from government
- Wellesley College — 1% of income from government
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.