Mastercard Foundation

Name: Mastercard Foundation grants, 2022–2024
Creator: PaperOrbit
License: https://www.irs.gov/charities-non-profits/exempt-organization-public-disclosure-and-availability-requirements

A grantmaking public charity (files IRS Form 990, Schedule I). Charities like this often run real grant programs with application cycles.

123
grants reported: $630.3M
total given: 2022–2024
filing years: $1.3M
median grant

Based on grants this organization reported to the IRS for tax years 2022–2024. This is what they filed, not a complete record of their giving, and recent years may be incomplete because filings lag.

What they fund

learning youth financial inclusion

Funder website ↗Full IRS filings ↗How this is built Report an error

Funding pattern

What this funder pays for, at what size, and how to position adjacent work. Read from their filings, with every number checked against the record.

Where the money goes

University-scale youth learning programs delivered in Africa
Small business and agricultural finance for African entrepreneurs
Economic inclusion for refugees and displaced populations
Youth employment, service corps, and public leadership pipelines
Research, evaluation, and learning attached to portfolio programs

Typical grant

Median grant is about $1.3 million, with the middle half between $250,000 and $4.9 million. The very large checks, $10 million to $40 million, go to universities and global delivery partners running multi-year programs at country scale (Arizona State, UNICEF, One Acre Fund, Inkomoko, Carnegie Mellon, American University of Beirut), while sub-$1 million grants go to research shops, convenings, and smaller pilots. Repeat funding is the norm: 123 grants went to only 70 recipients across three years, and names like Heifer, Inkomoko, AUB, CorpsAfrica, and Mathematica appear in multiple years and sometimes twice in the same year.

Their words

Phrases from their own grant descriptions, worth speaking back to them.

“YOUTH LEARNING”
“FINANCIAL INCLUSION”
“Youth Learning”
“Financial Inclusion”

Positioning adjacent work

Frame the work under either Youth Learning or Financial Inclusion; the filings recognize no third category.
For a first grant, ask $250,000 to $1 million for research, evaluation, or measurement work.
Attach your work to an existing grantee's delivery, the way Mathematica and ICRW sit beside larger programs.
Emphasize African institutions, African-led delivery, and named country reach rather than global thematic relevance.

Worth knowing: The money is extremely concentrated: a dozen grants account for most of the $630 million, and nearly every recipient is a US or global intermediary (New York and DC addresses dominate) doing the actual work in Africa. New names are rare, and the pattern reads as renewals of long-running partnerships, so the realistic entry point is a small research or partner role beside an existing grantee rather than a standalone large ask.

Top recipients

Repeat recipients are the strongest signal of whether a funder has an open door or quietly re-funds the same organizations.

Unicef the United Nations Children'S Fund2 grants · $133.4M
Arizona State University3 grants · $48.8M
Inkomoko (Formerly African Entrepreneurship Collec3 grants · $47.6M
American University of Beirut5 grants · $38.4M
Grassroots Business Partners2 grants · $34.9M
One Acre Fund2 grants · $26.3M
Corpsafrica3 grants · $26.2M
Carnegie Mellon University3 grants · $24.9M
Heifer Project International4 grants · $20.5M
Consultative Group To Assist the Poor1 grant · $20.0M

Giving over time

$169.6M

2022

$190.3M

2023

$270.4M

2024

Grant history

The 100 largest of 123 grants.

$98.4M
Unicef the United Nations Children'S Fund · New York, NY · 2022
Youth Learning
$40.4M
Arizona State University · Arizona, AZ · 2024
Youth learning
$35.0M
Unicef the United Nations Children'S Fund · New York, NY · 2024
Youth learning
$28.3M
Inkomoko (Formerly African Entrepreneurship Collec · Clinton, WA · 2023
Financial Inclusion
$22.7M
Carnegie Mellon University · Pittsburgh, PA · 2023
Youth Learning
$22.7M
One Acre Fund · Highland Park, IL · 2024
Financial inclusion
$20.0M
Consultative Group To Assist the Poor · Washington, DC · 2023
Financial Inclusion
$18.1M
Inkomoko (Formerly African Entrepreneurship Collec · Washington, WA · 2024
Financial inclusion
$17.5M
Grassroots Business Partners · Washington, DC · 2023
Financial Inclusion
$17.4M
Grassroots Business Partners · Washington, DC · 2022
Financial Inclusion
$16.5M
Shining Hope for Communities · New York, NY · 2023
Financial Inclusion
$15.0M
University of California Berkeley · Berkeley, CA · 2024
Youth learning
$12.8M
United Nations Development Programme · New York, NY · 2023
Financial Inclusion
$12.7M
Corpsafrica · New York, NY · 2023
Youth Learning
$12.7M
The World Bank · Washington, DC · 2022
Youth learning
$12.2M
Global Energy Alliance for People & Planet (Geapp) · 2024
Youth learning
$12.0M
American University of Beirut · New York, NY · 2024
Youth learning
$10.3M
Corpsafrica · New York, NY · 2024
Youth learning
$10.3M
American University of Beirut · New York, NY · 2024
Youth learning
$10.3M
Shining Hope for Communities · New York, NY · 2022
Financial Inclusion
$9.8M
Heifer Project International · Arkansas, AR · 2024
Youth learning
$9.4M
Tufts University · Medford, MA · 2024
Youth learning
$8.7M
Global Give Back Circle · New York, NY · 2024
Youth learning
$7.2M
United Nations Capital Development Fund · New York, NY · 2024
Youth learning
$7.2M
American University of Beirut · New York, NY · 2023
Youth Learning
$7.0M
Capitalplus Exchange Corporation · Illinois, IL · 2024
Financial inclusion
$6.8M
Arizona State University · Tempe, AZ · 2022
Youth Learning
$6.4M
United Nations Development Programme · New York, NY · 2024
Financial inclusion
$5.8M
Educate · Denver, CO · 2024
Youth learning
$5.3M
American University of Beirut · New York, NY · 2023
Youth Learning
$5.3M
Heifer Project International · Little Rock, AR · 2023
Youth Learning
$4.6M
Technoserve · Washington, DC · 2023
Financial Inclusion
$4.0M
Crossboundary · Washington Dc, DC · 2024
Financial inclusion
$4.0M
Heifer Project International · Arkansas, AR · 2024
Financial inclusion
$3.9M
Refugee Economic Inclusion Coalition · Middletown, DE · 2024
Financial inclusion
$3.6M
Crossboundary · Washington Dc, DC · 2023
Financial Inclusion
$3.6M
Generation · Washington Dc, WA · 2024
Youth learning
$3.6M
One Acre Fund · Highland Park, IL · 2023
Financial Inclusion
$3.6M
American University of Beirut · New York, NY · 2022
Youth Learning
$3.4M
Emerging Public Leaders · Washington, DC · 2024
Youth learning
$3.4M
Capitalplus Exchange Corporation · Skokie, IL · 2022
Financial inclusion
$3.1M
Corpsafrica · New York, NY · 2022
Youth learning
$3.0M
The World Bank · Washington, DC · 2023
Financial Inclusion
$2.8M
Johns Hopkins Center for Communication Programs (C · Baltimore, MD · 2023
Youth Learning
$2.6M
Johns Hopkins Center for Communication Programs (C · 2024
Youth learning
$2.6M
Generation · Washington, DC · 2023
Youth Learning
$2.6M
Inkomoko Formerly African Entreprenership Coll · Clinton, WA · 2022
Financial inclusion
$2.5M
Youth Development Labs · Berkeley, CA · 2024
Youth learning
$2.4M
Tcp Foundation · New York, NY · 2023
Financial Inclusion
$2.3M
The Batonga Foundation · Washington, DC · 2024
Financial inclusion
$2.2M
Kepler · New York, NY · 2024
Youth learning
$2.1M
Emerging Public Leaders · Washington Dc, DC · 2023
Youth Learning
$2.0M
The Batonga Foundation · Washington, DC · 2023
Financial Inclusion
$1.8M
Kepler · New York, NY · 2023
Youth Learning
$1.7M
Emerging Public Leaders · Washington, DC · 2022
Youth learning
$1.7M
Capitalplus Exchange Corporation · Skokie, IL · 2023
Financial Inclusion
$1.6M
International Food Policy Research Institute · Washington, DC · 2022
Financial Inclusion
$1.6M
African Center for Economic Transformation · Washington, WA · 2023
Youth Learning
$1.6M
Arizona State University · Tempe, AZ · 2023
Youth Learning
$1.6M
African Center for Economic Transformation · Washington, DC · 2024
Youth learning
$1.4M
Heifer Project International · Little Rock, AR · 2023
Financial Inclusion
$1.3M
Carnegie Mellon University · Pittsburgh, PA · 2022
Youth Learning
$1.3M
Cornell University · Ithaca, NY · 2022
Youth learning
$1.1M
Inkomoko (Formerly African Entrepreneurship Collec · Washington, WA · 2024
Youth learning
$1.1M
Mathematica · East Lansing, MI · 2023
Youth Learning
$1.1M
African Center for Economic Transformation · Washington, DC · 2022
Youth Learning
$1.0M
The Resolution Project · New York, NY · 2024
Youth learning
$961,604
International Center for Research On Women · Washington, DC · 2024
Youth learning
$956,024
International Center for Research On Women · Washington, DC · 2023
Youth Learning
$898,631
Carnegie Mellon University · Pittsburgh, PA · 2024
Youth learning
$845,551
The Resolution Project · New York, NY · 2022
Youth Learning
$767,781
The Mawazo Institute · La Grange, IL · 2024
Youth learning
$765,554
Connect Humanity · Palo Alto, CA · 2023
Youth Learning
$752,236
Global Give Back Circle · New York, NY · 2022
Youth Learning
$737,516
Youth Development Labs · Berkeley, CA · 2023
Youth Learning
$703,881
Village Health Works · New York, NY · 2024
Youth learning
$699,758
Mathematica · Washington, DC · 2024
Youth learning
$648,933
The Resolution Project · New York, NY · 2023
Youth Learning
$621,775
University of Colorado · Boulder, CO · 2024
Youth learning
$581,773
International Rescue Committee · New York, NY · 2022
YOUTH Learning
$546,462
Kellermann Foundation · 2024
Youth learning
$499,954
Johns Hopkins University · Baltimore, MD · 2023
Youth Learning
$499,461
Johns Hopkins University · Baltimore, MD · 2024
Financial inclusion
$492,946
Global Give Back Circle · New York, NY · 2023
Youth Learning
$454,205
Wellesley College · Wellesley, MA · 2022
Youth Learning
$431,990
University of Colorado · Boulder, CO · 2023
Youth Learning
$427,679
Education Development Center · Waltham, MA · 2022
Youth Learning
$368,706
The Mawazo Institute · La Grange, IL · 2023
Youth Learning
$311,640
The World Bank · Washington, DC · 2024
Financial inclusion
$250,000
Bankable Frontier Associates · Somerville, MA · 2023
Financial Inclusion
$250,000
Dalberg Catalyst · Washington, DC · 2022
Financial Inclusion
$249,993
Tufts University · Medford, MA · 2023
Youth Learning
$249,657
Tcp Foundation · New York, NY · 2022
Financial Inclusion
$248,000
Hodi · North Carolina United, NC · 2024
Youth learning
$246,600
Mathematica Policy Research · Washington, DC · 2022
Youth Learning
$174,759
The Clayton Christensen Institute for Disruptive I · 2024
Financial inclusion
$158,091
Irex · 2024
Youth learning
$150,000
Future of Learning · Stony Creek, CT · 2024
Youth learning
$150,000
Localized · Chevy Chase, MD · 2024
Youth learning
$150,000
Michael and Henrietta Olupona Foundation · New York, NY · 2022
Youth Learning

View all 123 grants →

Who else funds this kind of work

Similar purposes

Charles Stewart Mott Foundation2,850 grants · $515.4M
Ewing Marion Kauffman Foundation1,358 grants · $306.8M
Waverley Street Foundation309 grants · $635.7M

Similar grant size

The Bloomberg Family Foundation815 grants · $3.00B
Feeding America1,190 grants · $1.12B
Sequoia Climate Foundation495 grants · $736.5M

Grants already paid are the record; PaperOrbit reads your paper and finds the funders whose record matches it — then explains why.

Search funders like this one

Source: IRS Form 990, Schedule I, as filed by this organization. These are grants already paid. Grants paid directly to individuals are reported to the IRS only as totals, so they do not appear as named lines here.