New York · Private foundation
Mastercard Impact Fund
Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $62M
- Granted FY2024(still arriving)
- 52
- Grants FY2024
- 59
- Organizations funded FY2023
- 36%
- First-time grantees FY2023
- Median grant, FY2024
- $400,000
- Largest grant, FY2024
- $17,689,631
- Organizations funded a year
- 30 to 67
- FY2019 to FY2023
- States reached, FY2024
- 15
- Total assets, FY2024
- $143M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2023, 36% of the organizations Mastercard Impact Fund funded were first-time grantees, receiving 22% of its grant dollars.
New vs renewed · share of each year
In FY2023, 78% of grant dollars renewed an existing relationship; $15M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 47 | $53M | 19% |
| FY2023 | 59 | $68M | 36% |
| FY2022 | 66 | $51M | 32% |
| FY2021 | 64 | $75M | 59% |
| FY2020 | 67 | $58M | 75% |
| FY2019 | 30 | $25M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The Aspen Institute Inc | $26,299,999 | 6 | 5% |
| Accion International | $20,150,494 | 6 | 73% |
| Gates Philanthropy Partners | $17,000,000 | 1 | 10% |
| Cooperative for Assistance and Relief Everywhere Inc | $14,431,457 | 5 | 1% |
| The American India Foundation | $9,700,000 | 4 | 87% |
| Datakind Inc | $8,550,000 | 5 | 100% |
| The Urban Institute | $8,000,000 | 4 | 4% |
| Community Reinvestment Fund Inc | $6,000,000 | 5 | 4% |
| National Urban League Inc | $4,500,000 | 4 | 1% |
| Black Economic Alliance Foundation | $4,400,000 | 2 | 43% |
Show all 99 grantees
What it could do for these grantees
Plus 70 recipients with no EIN on record ($144M), not named here.
Where it is load-bearing
Mastercard Impact Fund supplied at least a quarter of the budget for 15 of its grantees at some point. The chart plots its 96 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Tides Foundation · The Rockefeller Foundation · Silicon Valley Community Foundation · The Ford Foundation · Gates Foundation · New Venture Fund · The Kresge Foundation · Ewing Marion Kauffman Foundation · The William & Flora Hewlett Foundation · The Nielsen Foundation Inc · Wells Fargo Foundation · WK Kellogg Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Mastercard Impact Fund?
Find your warmest path to Mastercard Impact Fund through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Mastercard Impact Fund
- How much does Mastercard Impact Fund give?
- Mastercard Impact Fund reported 52 grants totaling $62,073,582 in its FY2024 IRS filing. It funded between 30 and 67 organizations a year over FY2019 to FY2023.
- What does Mastercard Impact Fund fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Community Improvement (29%), International (15%), Philanthropy (13%).
- Who are Mastercard Impact Fund's largest grantees?
- By total granted over FY2019 to FY2024: The Aspen Institute Inc ($26M), Accion International ($20M), Gates Philanthropy Partners ($17M).
- Does Mastercard Impact Fund fund new organizations?
- In FY2023, 36% of the organizations it funded were first-time grantees.
- Does Mastercard Impact Fund accept unsolicited applications?
- Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
- Which funders back the same organizations as Mastercard Impact Fund?
- Its strongest co-funders, measured against what their size predicts, include Tides Foundation, The Rockefeller Foundation, Silicon Valley Community Foundation.
- Where is Mastercard Impact Fund based?
- Mastercard Impact Fund is based in NY.
Play a game based on Mastercard Impact’s filings →