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THE MASTERCARD FOUNDATION

EIN 98-0543843 CANADA

Revenue 2024
$6,513,121,957
Expenses 2024
$1,633,430,674

Program services were 93.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
NTEE code
Q32
Classification
3000
Street
TORONTO ON M5B2L7

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • REETA ROY

    PRESIDENT AND CEO

    Total calculated
    $1,335,867
    From this org
    $1,335,867
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,236,490
    Bonus
    not reported
    Other
    $99,377
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $1,335,867

  • PETER MATERU

    CHIEF PROGRAM OFFICER

    Total calculated
    $754,437
    From this org
    $754,437
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $642,906
    Bonus
    not reported
    Other
    $111,531
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $754,437

  • DOUGLAS KASAMBALA

    CHIEF FINANCIAL OFFICER

    Total calculated
    $640,431
    From this org
    $640,431
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $575,224
    Bonus
    $49,613
    Other
    $15,594
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $640,431

  • OLUWOLE ONABOLO

    GENERAL COUNSEL

    Total calculated
    $577,806
    From this org
    $577,806
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $492,686
    Bonus
    not reported
    Other
    $85,120
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $577,806

  • WARIKO WAITA

    DIRECTOR PAC - ED.&TRANSITIONS

    Total calculated
    $526,548
    From this org
    $526,548
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $205,347
    Bonus
    not reported
    Other
    $321,201
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $526,548

  • TINA MUPARADZI

    EXEC. DIRECTOR-ED.&TRANSITIONS

    Total calculated
    $487,201
    From this org
    $487,201
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $434,459
    Bonus
    not reported
    Other
    $52,742
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $487,201

  • JENNIFER RAMNATH

    CHIEF, DIGITAL AND INFO. OFF.

    Total calculated
    $484,759
    From this org
    $484,759
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $381,879
    Bonus
    $50,653
    Other
    $52,227
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $484,759

  • SERGE AUGUSTE KOUAKOU

    COUNTRY DIRECTOR, SENEGAL

    Total calculated
    $464,912
    From this org
    $464,912
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $387,958
    Bonus
    not reported
    Other
    $76,954
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $464,912

  • AMOS ODERO

    HEAD - PAN AFTRICA PROGRAMS

    Total calculated
    $452,003
    From this org
    $452,003
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $116,242
    Bonus
    not reported
    Other
    $335,761
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $452,003

  • DAVID BAGENDA

    SENIOR DIRECTOR, FINANCE

    Total calculated
    $449,916
    From this org
    $449,916
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $213,468
    Bonus
    not reported
    Other
    $236,448
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $449,916

  • OMOTADE AKIN AINA

    CHIEF IMPACT&RESEARCH OFFICER

    Total calculated
    $350,977
    From this org
    $350,977
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $270,868
    Bonus
    not reported
    Other
    $80,109
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $350,977

  • JULIE GICHURU

    CHIEF PUBLIC AFFAIRS&COMMUNICA

    Total calculated
    $340,902
    From this org
    $340,902
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $278,487
    Bonus
    not reported
    Other
    $62,415
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $340,902

  • SCONAID MCGEACHIN

    CHIEF PUBLIC AFFAIRS&COMMUNICA

    Total calculated
    $299,524
    From this org
    $299,524
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $224,752
    Bonus
    $46,523
    Other
    $28,249
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $299,524

  • LINDA OSODO

    AG. CHIEF PEOPLE&CULTURE OFFIC

    Total calculated
    $239,494
    From this org
    $239,494
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $218,092
    Bonus
    not reported
    Other
    $21,402
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $239,494

  • ZEIN ABDALLA

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    6

  • SEWIT AHDEROM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • VALERIE AMOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • LOUISE ARBOUR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • JENNIFER FONSTAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • TSEGA GEBREYES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • JAY IRELAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • ELLEN JOHNSON SIRLEAF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MICHAEL SABIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • ROBIN WASHINGTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • CAROLE WAMUYU WAINAINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $6,513,121,957
    Expenses
    $1,633,430,674
    Contributions
    $0
    Grants paid
    $1,410,232,855
  • 2023
    Revenue
    $680,266,338
    Expenses
    $1,533,523,522
    Contributions
    $0
    Grants paid
    $1,333,637,982
  • 2022
    Revenue
    $424,109,307
    Expenses
    $1,377,301,146
    Contributions
    $0
    Grants paid
    $1,222,658,542

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

  • Mastercard Foundation Asset Management

    NONE · ASSET MANAGEM · CA · controlled entity

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.