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· 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 FY2024still arriving
52
Grants FY2024still arriving
15
States reached
$18M
Largest
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Community Improvement$104MInternational$56MPhilanthropy$47MSocial Science$38MEducation$33MPublic Safety & Disaster$24MEmployment$23MScience & Tech$16MOther$0
02FY2024 · 52 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k2 grants · $70k
  • $50k–250k15 grants · $2.0M
  • $250k+35 grants · $60M
$400,000
Median grant
15
States reached
$143M
Total assets
Largest grants
RecipientAmount
DAI GLOBAL LLC$17,689,631
AMERICAN ONLINE GIVING FOUNDATION INC$4,663,378
COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC (CARE)$4,126,037
THE ASPEN INSTITUTE$3,545,929
CARIBOU DIGITAL (UK) LTD$3,500,000
NEW VENTURE FUND$3,445,487
ACCION INTERNATIONAL$2,817,490
AUC CONSORTIUM$2,159,600
FUNDACION CAPITAL FUNDAK$1,897,653
CARIBOU DIGITAL (UK) LTD (EUR)$1,702,807
Individual grant recipient$1,244,700
THE HOWARD UNIVERSITY$1,066,000
NATIONAL URBAN LEAGUE INC$1,000,000
WEILL CORNELL MEDICAL COLLEGE$1,000,000
THE GOVERNING COUNCIL OF THE UNIVERSITY OF TORONTO$1,000,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

US giving: 78% of grant dollars ($282M). The need read here covers only this US portion; the 22% that went abroad ($82M) is mapped below.

show:

Its human-services grants (FY19–24, $7.8M) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%URBAN LEAGUE OF BROWARD COUNTY INC: $100k → 13%ASIAN PACIFIC POLICY AND PLANNING COUNCIL: $50k → 14%NATIONAL URBAN LEAGUE INC: $1.5M → 17%NATIONAL URBAN LEAGUE INC: $1.0M → 17%NATIONAL URBAN LEAGUE INC: $1.0M → 17%NATIONAL URBAN LEAGUE INC: $1.0M → 17%ASIAN AMERICAN FEDERATION INC: $50k → 17%WORLD FOOD PROGRAM USA: $2.0M → 14%AMERICAN RED CROSS: $390k → 14%AMERICAN RED CROSS: $320k → 14%WORLD FOOD PROGRAM USA: $200k → 14%WORLD FOOD PROGRAM USA: $100k → 14%1199 SEIU EMPLOYER CHILD CARE CORPORATION: $50k → 17%WORLD FOOD PROGRAM USA: $25k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

VT
WA
ID
MN
IL
NY
MA
OR
PA
NJ
CT
CA
MO
VA
MD
DE
AR
TN
NC
DC
LA
AL
GA
TX
FL

Beyond the US: 22% of all-years giving ($82M)

22 countries, by the recipient’s country on the filing.

grant dollars sentlessmore
United Kingdom$35M · 25 grants
Switzerland$19M · 6 grants
Panama$4.8M · 4 grants
Canada$4.7M · 9 grants
India$4.1M · 14 grants
Indonesia$2.9M · 6 grants
Poland$2.2M · 5 grants
France$2.0M · 1 grant
Belgium$1.8M · 4 grants
Paraguay$1.1M · 1 grant
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving. International giving is mapped by the recipient’s country from the same 990 filings; comparable need data isn’t available at that grain.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 7% of Mastercard Impact Fund’s grant dollars are earmarked for a different county than the recipient’s own address.

Mastercard Impact Fundlessmore of its giving
Placed by recipient address · 23% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

82%of every dollar goes to organizations it has funded before.
$270M · 82 repeat orgs$61M to everyone else

82 repeat relationships: 38 still active in FY2024, 44 since wound down; 9 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

82
78

Total granted

$270M
$58M

Median revenue growth · since first grant

+16%
+17%

Still filing today

59%
54%

New vs renewed · share of each year

In FY2024, 94% of grant dollars renewed an existing relationship; $3.4M went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24
InternationalEducationCommunity ImprovementPhilanthropyHuman ServicesSocial ScienceOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). 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

  • THE ASPEN INSTITUTE INC
    6× · 2019–2024 · $26M · revenue +192%
  • COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC
    5× · 2020–2024 · $14M · revenue +37%
  • TA
    THE AMERICAN INDIA FOUNDATION
    4× · 2020–2023 · $9.7M · revenue +110% · 87% of their budget

Funded once

  • GP
    GATES PHILANTHROPY PARTNERS
    one grant, 2020 · $17M · revenue -88%
  • GA
    GAVI ALLIANCE
    one grant, 2021 · $16M
  • TE
    THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION
    one grant, 2023 · $2.0M · revenue +14%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Global Impact Investing Network Inc

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,…

Philanthropy
2
Open Markets Institute

The open markets institute works to help people relearn how to use competition policy to build stronger democracies, more just and equitable societies, more innovative and sustainable economies, and a more secure and peaceful world.

Education
3
American Association for the Advancement of Science

Advance science, engineering, and innovation throughout the world for the benefit of all. the world's largest multidisciplinary scientific society and a leading publisher of cutting-edge research through its science family of journals,…

Science & Tech
4
Activate Global Inc

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…

Environment
5
Observer Research Foundation America

Organization mission the observer research foundation america orf america is an independent, non-partisan, and nonprofit organization in washington dc dedicated to addressing policy challenges facing the united states, india, and their…

International
6
Central Indiana Corporate Partnership Inc

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…

Community Improvement
7
International Aids Vaccine Initiative Inc

A nonprofit scientific research organization that develops vaccines and antibodies for hiv, tuberculosis, and emerging infectious diseases.

International
8
World Resources Institute

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…

International
9
Actionaid Usa

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…

Social Science
10
The George Washington University

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…

Education
11
Chief Executives for Corporate Purpose Inc

Chief executives for corporate purpose (cecp) is the only business counsel and network dedicated to driving measurable returns on purpose. we promote responsible purpose-driven business as it increases customer loyalty, builds employee…

Philanthropy
12
Waterorg

Water.org's goal is to bring safe water and sanitation to the world through access to small, affordable loans.

International
How this is measured
The grantee most central to the portfolio’s shape is Local Initiatives Support Corporation; the most unlike its peers is The Eric and Wendy Schmidt Fund for Strategic Innovation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

108 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 108 of the 181 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

15
Load-bearing (≥25% of a budget)
7
Early backer (in before they grew)
105/108
Grantees still filing
67/108
Grew since first funded

Where the money sits, by cause and then by grantee

DAI GLOBAL LLC: $30,869,631 · OtherDAI GLOBAL LLCCARIBOU DIGITAL (UK) LTD: $20,850,039 · OtherCARIBOU DIGITAL (UK) LTDGAVI ALLIANCE: $15,805,266 · OtherGAVI ALLIANCEYOURCAUSE PROCESSING SERVICES: $13,898,074 · OtherYOURCAUSE PROCESSING SERVICESCOMMUNITY REINVESTMENT FUND INC: $6,000,000 · Other+111 more: $91,243,569 · Other+111 moreACCION INTERNATIONAL: $20,150,494 · InternationalACCION INTERNA…COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC: $14,431,457 · InternationalCOOPERATIVE FO…TSINGHUA EDUCATION FOUNDATION NA INC: $2,500,000 · InternationalMercy Corps: $2,000,000 · InternationalTHE ASIA FOUNDATION: $1,750,000 · International+16 more: $6,883,030 · International+16 moreGATES PHILANTHROPY PARTNERS: $17,000,000 · PhilanthropyGATES PHILAN…DATAKIND INC: $8,550,000 · PhilanthropyDATAKIND INCAMERICAN ONLINE GIVING FOUNDATION INC: $6,024,099 · PhilanthropyAMERICAN ONL…BLACK ECONOMIC ALLIANCE FOUNDATION: $4,400,000 · PhilanthropyBLACK ECONOM…THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION: $2,000,000 · Philanthropy+9 more: $3,755,000 · Philanthropy+9 moreTHE ASPEN INSTITUTE INC: $26,299,999 · Social ScienceTHE ASPEN I…THE URBAN INSTITUTE: $8,000,000 · Social ScienceTHE URBAN I…THE BROOKINGS INSTITUTION: $2,487,000 · Social ScienceTHE BROOKIN…+2 more: $1,250,000 · Social ScienceAUC CONSORTIUM INC: $4,319,200 · EducationNew York University: $3,520,000 · EducationTHE HOWARD UNIVERSITY: $3,377,000 · EducationTrustees of Tufts College: $3,250,000 · EducationBENEFITS DATA TRUST: $2,500,000 · EducationPresident and Fellows of Harvard College: $2,500,000 · EducationWASHINGTON UNIVERSITY: $2,306,392 · EducationDUKE UNIVERSITY: $1,500,000 · EducationBUSINESS FOR SOCIAL RESPONSIBILITY: $1,300,000 · EducationTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $900,000 · Education+10 more: $1,402,500 · EducationNEW VENTURE FUND: $20,319,168 · Environment+2 more: $600,000 · EnvironmentTHE AMERICAN INDIA FOUNDATION: $9,700,000 · Public Safety & Disaster+1 more: $190,842 · Public Safety & Disaster
Other$178,666,579International$47,714,981Philanthropy$41,729,099Social Science$38,036,999Education$26,875,092Environment$20,919,168Public Safety & Disaster$9,890,842

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE ASPEN INSTITUTE INC: $26,299,999 over 6y, 4.8% of budgetNEW VENTURE FUND: $20,319,168 over 6y, 1.0% of budgetACCION INTERNATIONAL: $20,150,494 over 6y, 73% of budgetGATES PHILANTHROPY PARTNERS: $17,000,000 over 1y, 9.8% of budgetCOOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC: $14,431,457 over 5y, 0.5% of budgetTHE AMERICAN INDIA FOUNDATION: $9,700,000 over 4y, 87% of budgetDATAKIND INC: $8,550,000 over 5y, 100% of budgetTHE URBAN INSTITUTE: $8,000,000 over 4y, 3.6% of budgetAMERICAN ONLINE GIVING FOUNDATION INC: $6,024,099 over 2y, 0.2% of budgetCOMMUNITY REINVESTMENT FUND INC: $6,000,000 over 5y, 3.9% of budgetNATIONAL URBAN LEAGUE INC: $4,500,000 over 4y, 1.4% of budgetBLACK ECONOMIC ALLIANCE FOUNDATION: $4,400,000 over 2y, 43% of budgetAUC CONSORTIUM INC: $4,319,200 over 2y, 30% of budgetACCELERATOR FOR AMERICA: $3,975,000 over 4y, 48% of budgetNew York University: $3,520,000 over 4y, 0.0% of budgetTHE HOWARD UNIVERSITY: $3,377,000 over 3y, 0.1% of budgetTrustees of Tufts College: $3,250,000 over 3y, 0.1% of budgetBENEFITS DATA TRUST: $2,500,000 over 4y, 4.0% of budgetPresident and Fellows of Harvard College: $2,500,000 over 1y, 0.0% of budgetTSINGHUA EDUCATION FOUNDATION NA INC: $2,500,000 over 3y, 3.9% of budgetTHE BROOKINGS INSTITUTION: $2,487,000 over 3y, 1.3% of budgetFRIENDS OF THE WORLD FOOD PROGRAM INC: $2,325,000 over 4y, 3.3% of budgetWASHINGTON UNIVERSITY: $2,306,392 over 4y, 0.0% of budgetMercy Corps: $2,000,000 over 4y, 0.2% of budgetCAPITAL IMPACT PARTNERS: $2,000,000 over 3y, 1.6% of budgetTHE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION: $2,000,000 over 1y, 0.6% of budgetTHE ASIA FOUNDATION: $1,750,000 over 4y, 0.6% of budgetWORLD VISION INC: $1,550,000 over 2y, 0.1% of budgetDUKE UNIVERSITY: $1,500,000 over 3y, 0.0% of budgetBUSINESS FOR SOCIAL RESPONSIBILITY: $1,300,000 over 2y, 2.3% of budgetFRONTIER INNOVATIONS FOUNDATION: $1,270,390 over 2y, 95% of budgetURBAN IMPACT INC: $1,170,000 over 3y, 42% of budgetSocial Progress Imperative Inc: $1,000,000 over 1y, 37% of budgetTHE ADVERTISING COUNCIL INC: $1,000,000 over 1y, 0.9% of budgetGRAMEEN AMERICA INC: $1,000,000 over 1y, 1.8% of budgetTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $900,000 over 3y, 0.0% of budgetASSOCIATION FOR ENTERPRISE OPPORTUNITY: $850,000 over 2y, 3.9% of budgetSMITHSONIAN INSTITUTION: $800,000 over 4y, 0.0% of budgetPYXERA GLOBAL INC: $770,000 over 3y, 3.4% of budgetPARTNERSHIP FOR CENTRAL AMERICA INC: $750,000 over 1y, 33% of budgetFINREGLAB INC: $750,000 over 2y, 21% of budgetANTI-DEFAMATION LEAGUE: $750,000 over 2y, 0.7% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $710,000 over 2y, 0.0% of budgetRUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC: $640,000 over 2y, 2.6% of budgetBILL HILLARY & CHELSEA CLINTON FOUNDATION: $575,000 over 3y, 0.8% of budgetPHILANTHROPIC VENTURES FOUNDATION: $550,000 over 2y, 1.9% of budgetAMERICA ACHIEVES INC: $500,000 over 1y, 4.7% of budgetWORLD CENTRAL KITCHEN INC: $500,000 over 1y, 0.2% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds THE ASPEN INSTITUTE INC ↗
  • Who funds NEW VENTURE FUND ↗
  • Who funds ACCION INTERNATIONAL ↗
  • Who funds GATES PHILANTHROPY PARTNERS ↗
  • Who funds COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC ↗
  • Who funds THE AMERICAN INDIA FOUNDATION ↗
  • Who funds DATAKIND INC ↗
  • Who funds THE URBAN INSTITUTE ↗
  • Who funds AMERICAN ONLINE GIVING FOUNDATION INC ↗
  • Who funds COMMUNITY REINVESTMENT FUND INC ↗
  • Who funds NATIONAL URBAN LEAGUE INC ↗
  • Who funds BLACK ECONOMIC ALLIANCE FOUNDATION ↗
  • Who funds AUC CONSORTIUM INC ↗
  • Who funds ACCELERATOR FOR AMERICA ↗
  • Who funds New York University ↗
  • Who funds THE HOWARD UNIVERSITY ↗
  • Who funds Trustees of Tufts College ↗
  • Who funds BENEFITS DATA TRUST ↗
  • Who funds President and Fellows of Harvard College ↗
  • Who funds TSINGHUA EDUCATION FOUNDATION NA INC ↗
  • Who funds THE BROOKINGS INSTITUTION ↗
  • Who funds FRIENDS OF THE WORLD FOOD PROGRAM INC ↗
  • Who funds WASHINGTON UNIVERSITY ↗
  • Who funds Mercy Corps ↗
  • Who funds CAPITAL IMPACT PARTNERS ↗
  • Who funds THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ↗

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.

Tides FoundationCA30.4× affinity22 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Mastercard Impact Fund funds: left to right is the share of its income from government, bottom to top the share from Mastercard Impact Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 35%
  • Mercy Corps: 47% of income from government
  • Urban League of Broward County Inc: 44% of income from government
  • Center On Rural Innovation Inc: 37% of income from government
  • Massachusetts Institute of Technology: 35% of income from government
  • Save the Children Federation Inc: 30% of income from government
  • Trustees of Tufts College: 13% of income from government
  • President and Fellows of Harvard College: 7% of income from government
  • Americares Foundation Inc: 0% of income from government
no gov moneyreceives it· size = income
1get no government money at all
20report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
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 a grant caused the public funding. Coverage is precision-first, a floor rather than 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 to 24 months.
05Through Plinth

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.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 181 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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