THE MASTERCARD FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE MASTERCARD FOUNDATION (EIN 98-0543843)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-11
- IRS object ID
- 202523159349305482
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-11T15:24:47-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte LLP | BusinessNameLine1Txt |
Preparer Foreign Address PreparerForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 Adelaide St W Suite 200 | AddressLine1Txt |
| City | Toronto | CityNm |
| Province Or State | Ontario | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5H 0A9 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980543843 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASTERCARD FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DOUGLAS KASAMBALA | InCareOfNm |
| Business Name Control | MAST | BusinessNameControlTxt |
| Phone | 6472085154 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 Yonge Street Suite 2400 | AddressLine1Txt |
| City | TORONTO | CityNm |
| Province Or State | ONTARIO | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B 2L7 | ForeignPostalCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS KASAMBALA | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6472142857 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL XIANG | PreparerPersonNm |
| PTIN | P01687378 | PTIN |
| Phone | 4166016150 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DOUGLAS KASAMBALA | PrincipalOfficerNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 Yonge Street Suite 2400 | AddressLine1Txt |
| City | TORONTO | CityNm |
| Province Or State | ONTARIO | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B 2L7 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,949,190,099 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.mastercardfdn.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile Country | CA | LegalDomicileCountryCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $679,990,425 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,512,353,970 | CYInvestmentIncomeAmt |
| PY Other Revenue | $275,913 | PYOtherRevenueAmt |
| CY Other Revenue | $767,987 | CYOtherRevenueAmt |
| PY Total Revenue | $680,266,338 | PYTotalRevenueAmt |
| CY Total Revenue | $6,513,121,957 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,333,637,982 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,410,232,855 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $72,620,679 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $79,915,504 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $127,264,861 | PYOtherExpensesAmt |
| CY Other Expenses | $143,282,315 | CYOtherExpensesAmt |
| PY Total Expenses | $1,533,523,522 | PYTotalExpensesAmt |
| CY Total Expenses | $1,633,430,674 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$853,257,184 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,879,691,283 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,194,078,620 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,320,893,084 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,161,101 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,372,293 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $42,170,917,519 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $50,285,520,791 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $42,356,933 | ExpenseAmt |
| Grant | $42,356,933 | GrantAmt |
| Desc | Mastercard Foundation's partnership with BRAC will support improving the lives of over 1.2 million adolescent girls and young women across seven African countries. This will be achieved by scaling BRAC's proven models of amplifying the agency of girls and young women through life skills training, increasing the productive participation of the poorest and most vulnerable young women through financial literacy, and accelerating access to finance for young women. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $35,910,000 | ExpenseAmt |
| Grant | $35,910,000 | GrantAmt |
| Desc | Mastercard Foundation's partnership with Transforming Teaching, Education and Learning (T-TEL) will support improving the quality of teaching and learning in Ghanaian secondary education institutions. This will enable 2.9 million secondary education graudates to obtain the 21st century skills and competencies needed for lifelong learning, employability, and adult life. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $35,693,749 | ExpenseAmt |
| Grant | $35,693,749 | GrantAmt |
| Desc | Mastercard Foundation's partnership with Inuit Tapiriit Kanatami will support the launch and long-term sustainability of Inuit Nunangat University (INU). INU will be the first Inuit institution grounded in Inuit language and culture and it will deliver innovative education and training relevant to youth and Inuit economic and community priorities. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc |
|---|---|---|
| $405,708,013 | $405,708,013 | OTHER FINANCIAL INCLUSION PROGRAMS |
| $890,564,160 | $890,564,160 | OTHER YOUTH LEARNING PROGRAMS |
| $113,595,088 | Other Program services Expenses incl. direct imple |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,409,867,261 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $1,296,272,173 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $1,523,827,943 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | RW | ForeignCountryCd |
| Foreign Country | KE | ForeignCountryCd |
| Foreign Country | GH | ForeignCountryCd |
| Foreign Country | UG | ForeignCountryCd |
| Foreign Country | SF | ForeignCountryCd |
| Foreign Country | ET | ForeignCountryCd |
| Foreign Country | SG | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS KASAMBALA | PersonNm |
| Phone | 6472085154 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 Yonge Street Suite 2400 | AddressLine1Txt |
| City | TORONTO | CityNm |
| Province Or State | Ontario | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B 2L7 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|---|
| REETA ROY | ||||||||||
| PRESIDENT AND CEO | 60.0 | 0.0 | Yes (X) | $1,335,867 | $0 | $0 | ||||
| PETER MATERU | ||||||||||
| CHIEF PROGRAM OFFICER | 55.0 | 0.0 | Yes (X) | $754,437 | $0 | $0 | ||||
| DOUGLAS KASAMBALA | ||||||||||
| CHIEF FINANCIAL OFFICER | 55.0 | 0.0 | Yes (X) | $640,431 | $0 | $0 | ||||
| OLUWOLE ONABOLO | ||||||||||
| GENERAL COUNSEL | 55.0 | 0.0 | Yes (X) | $577,806 | $0 | $0 | ||||
| WARIKO WAITA | ||||||||||
| DIRECTOR PAC - ED.&TRANSITIONS | 55.0 | 0.0 | $526,548 | $0 | $0 | Yes (X) | ||||
| TINA MUPARADZI | ||||||||||
| EXEC. DIRECTOR-ED.&TRANSITIONS | 55.0 | 0.0 | $487,201 | $0 | $0 | Yes (X) | ||||
| JENNIFER RAMNATH | ||||||||||
| CHIEF, DIGITAL AND INFO. OFF. | 55.0 | 0.0 | $484,759 | $0 | $0 | Yes (X) | ||||
| SERGE AUGUSTE KOUAKOU | ||||||||||
| COUNTRY DIRECTOR, SENEGAL | 55.0 | 0.0 | $464,912 | $0 | $0 | Yes (X) | ||||
| AMOS ODERO | ||||||||||
| HEAD - PAN AFTRICA PROGRAMS | 55.0 | 0.0 | $452,003 | $0 | $0 | Yes (X) | ||||
| DAVID BAGENDA | ||||||||||
| SENIOR DIRECTOR, FINANCE | 55.0 | 0.0 | $449,916 | $0 | $0 | Yes (X) | ||||
| OMOTADE AKIN AINA | ||||||||||
| CHIEF IMPACT&RESEARCH OFFICER | 55.0 | 0.0 | $350,977 | $0 | $0 | Yes (X) | ||||
| JULIE GICHURU | ||||||||||
| CHIEF PUBLIC AFFAIRS&COMMUNICA | 55.0 | 0.0 | $340,902 | $0 | $0 | Yes (X) | ||||
| SCONAID MCGEACHIN | ||||||||||
| CHIEF PUBLIC AFFAIRS&COMMUNICA | 55.0 | 0.0 | $299,524 | $0 | $0 | Yes (X) | ||||
| LINDA OSODO | ||||||||||
| AG. CHIEF PEOPLE&CULTURE OFFIC | 55.0 | 0.0 | $239,494 | $0 | $0 | Yes (X) | ||||
| ZEIN ABDALLA | ||||||||||
| BOARD CHAIR | 6.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| SEWIT AHDEROM | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| VALERIE AMOS | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| LOUISE ARBOUR | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| JENNIFER FONSTAD | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| TSEGA GEBREYES | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| JAY IRELAND | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| ELLEN JOHNSON SIRLEAF | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| MICHAEL SABIA | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| ROBIN WASHINGTON | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| CAROLE WAMUYU WAINAINA | ||||||||||
| DIRECTOR | 3.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,404,777 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 82 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Deloitte LLP | ||||||
| BAY ADELAIDE CENTRE 8 ADELAIDE ST | TORONTO | ONTARIO | CA | M5H 0A9 | Consulting Services | $16,848,289 |
| Mastercard Foundation Asset Managem | ||||||
| 250 YONGE STREETSUITE 2400 | TORONTO | ONTARIO | CA | M5B 2L7 | Asset Management Se | $15,220,844 |
| McKinsey and Company Inc Africa Pr | ||||||
| 8TH FLOOR DELTA CORNER TOWER CHIRO | WESTLANDS | NAIROBI | KE | Consulting Services | $8,092,867 | |
| Elixirr Consulting Limited | ||||||
| 100 CHEAPSIDE | LONDON | 0 | UK | EC2V 6DT | IT Consulting | $4,426,239 |
| Charleston Travel Limited | ||||||
| 10TH FLOOR WAIYAKI WAY | NAIROBI COUNTY | NAIROBI | KE | 00100 | TRAVEL SERVICES | $3,933,520 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 169 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $346,534,753 | TotalRevenueColumnAmt |
| Exclusion | $346,534,753 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $767,987 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $767,987 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $767,987 | TotalRevenueColumnAmt |
| Exclusion | $767,987 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,949,190,099 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,436,068,142 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,513,121,957 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,165,819,217 | TotalRevenueColumnAmt |
| Exclusion | $6,165,819,217 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,513,121,957 | TotalRevenueColumnAmt |
| Exclusion | $6,513,121,957 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,311,759 | TotalAmt |
| Program Services | $270,311,759 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,139,921,096 | TotalAmt |
| Program Services | $1,139,921,096 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,332,318 | TotalAmt |
| Program Services | $2,467,934 | ProgramServicesAmt |
| Management And General | $1,864,384 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,869,747 | TotalAmt |
| Program Services | $43,628,214 | ProgramServicesAmt |
| Management And General | $13,241,533 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,696,838 | TotalAmt |
| Program Services | $11,366,732 | ProgramServicesAmt |
| Management And General | $7,330,106 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,601 | TotalAmt |
| Program Services | $14,941 | ProgramServicesAmt |
| Management And General | $1,660 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,575,144 | TotalAmt |
| Program Services | $920,910 | ProgramServicesAmt |
| Management And General | $2,654,234 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $675,534 | TotalAmt |
| Management And General | $675,534 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,642,590 | TotalAmt |
| Management And General | $18,642,590 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,697,640 | TotalAmt |
| Program Services | $37,983,655 | ProgramServicesAmt |
| Management And General | $41,713,985 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,864,735 | TotalAmt |
| Program Services | $340,620 | ProgramServicesAmt |
| Management And General | $8,524,115 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,027,973 | TotalAmt |
| Program Services | $4,514,217 | ProgramServicesAmt |
| Management And General | $1,513,756 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,673,788 | TotalAmt |
| Program Services | $11,036,999 | ProgramServicesAmt |
| Management And General | $8,636,789 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,568,035 | TotalAmt |
| Management And General | $2,568,035 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $606,536 | TotalAmt |
| Management And General | $606,536 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| HUMAN RESOURCE COSTS | $2,950,340 | $1,320,867 | $1,629,473 | $0 |
| OTHER EXPENSE | $0 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,633,430,674 | TotalAmt |
| Program Services | $1,523,827,944 | ProgramServicesAmt |
| Management And General | $109,602,730 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,691,485 | BOYAmt |
| EOY | $557,318,489 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,553,272 | BOYAmt |
| EOY | $17,167,061 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,490,994 | BOYAmt |
| EOY | $4,114,066 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,312,486 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,961,444 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,689,454 | BOYAmt |
| EOY | $21,351,042 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,603,281,597 | BOYAmt |
| EOY | $48,088,460,550 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,396,474 | BOYAmt |
| EOY | $1,617,626,325 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $975,344 | BOYAmt |
| EOY | $14,855,551 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,194,078,620 | BOYAmt |
| EOY | $50,320,893,084 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,161,101 | BOYAmt |
| EOY | $35,372,293 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,161,101 | BOYAmt |
| EOY | $35,372,293 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $567,635,922 | BOYAmt |
| EOY | $49,558,133,239 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,603,281,597 | BOYAmt |
| EOY | $727,387,552 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,170,917,519 | BOYAmt |
| EOY | $50,285,520,791 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,194,078,620 | BOYAmt |
| EOY | $50,320,893,084 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,879,691,283 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,234,911,989 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,603,281,598 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $0 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $40,875,894,046 | OtherExpendituresAmt |
| End Year Balance | $727,387,552 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,043,419,409 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $13,789,862,287 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,230,000,098 | OtherExpendituresAmt |
| End Year Balance | $41,603,281,598 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,677,002,172 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$602,037,166 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,031,545,597 | OtherExpendituresAmt |
| End Year Balance | $29,043,419,409 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,355,848,119 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $391,302,813 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,070,148,760 | OtherExpendituresAmt |
| End Year Balance | $30,677,002,172 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,558,166,914 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $4,474,152,467 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $676,471,262 | OtherExpendituresAmt |
| End Year Balance | $31,355,848,119 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,426,297 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,158,643 | DepreciationAmt |
| Book Value | $15,267,654 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,072,636 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,777,736 | DepreciationAmt |
| Book Value | $2,294,900 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,813,555 | OtherCostOrOtherBasisAmt |
| Depreciation | $897,833 | DepreciationAmt |
| Book Value | $2,915,722 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $20,478,276 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $9,748,033,946 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,234,911,989 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $3,234,911,989 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,513,121,957 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $6,513,121,957 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,633,430,674 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,633,430,674 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,633,430,674 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART V, LINE 4 | THE FOUNDATION'S ENDOWMENT FUND IS HELD IN TRUST BY THE FOUNDATION TO FURTHER THE FOUNDATION'S MISSION TO ADVANCE YOUTH EDUCATION AND PROMOTE FINANCIAL INCLUSION FOR FINANCIALLY DISADVANTAGED PERSONS AND COMMUNITIES, WITH A MAJOR FOCUS IN AFRICA. |
| SCHEDULE D, PART V, LINE 1E | CURRENT YEAR OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS OF $40,875,894,046, REPRESENTS THE RELEASE OF DONOR RESTRICTIONS ON PREVIOUSLY RESTRICTED FUNDS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Sub-Saharan Africa | 7 | 524 | Program Services | Youth learning & Finan | $1,025,935,043 |
| North America | 1 | 148 | Program Services | Youth learning & Finan | $84,409,266 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | YOUTH LEARNING & FINAN | $29,576,787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 8 | SubtotalOfficesCnt |
| Subtotal Employees | 672 | SubtotalEmployeesCnt |
| Total Office | 8 | TotalOfficeCnt |
| Total Employee | 672 | TotalEmployeeCnt |
| Subtotal Spent | $1,139,921,096 | SubtotalSpentAmt |
| Total Spent | $1,139,921,096 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (313 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt |
|---|---|---|
| Sub-Saharan Africa | YOUTH LEARNING | $54,780 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $4,014,606 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,360,439 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,000,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $2,000,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $2,554,157 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $23,116,869 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,364,956 |
| Sub-Saharan Africa | YOUTH LEARNING | $735,301 |
| Sub-Saharan Africa | YOUTH LEARNING | $10,065,872 |
| Sub-Saharan Africa | YOUTH LEARNING | $14,469,751 |
| North America | YOUTH LEARNING | $13,377,935 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,115,162 |
| Sub-Saharan Africa | YOUTH LEARNING | $39,716,965 |
| Sub-Saharan Africa | YOUTH LEARNING | $7,128,736 |
| Sub-Saharan Africa | YOUTH LEARNING | $708,972 |
| Sub-Saharan Africa | YOUTH LEARNING | $15,000,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,623,817 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $24,929,606 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $6,121,416 |
| Sub-Saharan Africa | YOUTH LEARNING | $12,965,256 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $827,813 |
| Sub-Saharan Africa | YOUTH LEARNING | $213,173 |
| Sub-Saharan Africa | YOUTH LEARNING | $172,953 |
| Sub-Saharan Africa | YOUTH LEARNING | $39,614 |
| Sub-Saharan Africa | YOUTH LEARNING | $8,721,344 |
| Sub-Saharan Africa | YOUTH LEARNING | $49,957 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $2,367,206 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $2,712,897 |
| Sub-Saharan Africa | YOUTH LEARNING | $50,000 |
| North America | FINANCIAL INCLUSION | $6,170,993 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,396,662 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $349,342 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $5,377,509 |
| Sub-Saharan Africa | YOUTH LEARNING | $149,506 |
| North America | YOUTH LEARNING | $11,636,770 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,279,464 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,010,685 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,256,449 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,942,438 |
| Sub-Saharan Africa | YOUTH LEARNING | $5,374,812 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $8,421,804 |
| Sub-Saharan Africa | YOUTH LEARNING | $141,654 |
| North America | FINANCIAL INCLUSION | $4,895,000 |
| North America | YOUTH LEARNING | $8,411,795 |
| Sub-Saharan Africa | YOUTH LEARNING | $6,106,667 |
| Sub-Saharan Africa | YOUTH LEARNING | $9,352,345 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $6,228,423 |
| Sub-Saharan Africa | YOUTH LEARNING | $400,948 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $550,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,340,037 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $4,722,478 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $5,000,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,129,437 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,966,071 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $5,000,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,489,255 |
| Sub-Saharan Africa | YOUTH LEARNING | $5,961,077 |
| Sub-Saharan Africa | YOUTH LEARNING | $165,407 |
| Sub-Saharan Africa | YOUTH LEARNING | $522,810 |
| Sub-Saharan Africa | YOUTH LEARNING | $9,066,048 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,946,062 |
| Sub-Saharan Africa | YOUTH LEARNING | $5,500,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,787,772 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,911,222 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,487,282 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $4,826,293 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,951,211 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $40,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,054,630 |
| Sub-Saharan Africa | YOUTH LEARNING | $7,901,430 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $935,517 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $607,372 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $11,808,655 |
| Sub-Saharan Africa | YOUTH LEARNING | $246,912 |
| Sub-Saharan Africa | YOUTH LEARNING | $97,011 |
| Sub-Saharan Africa | YOUTH LEARNING | $99,299 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,901,117 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,492,884 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,823,678 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,928,758 |
| Sub-Saharan Africa | YOUTH LEARNING | $5,049,376 |
| Sub-Saharan Africa | YOUTH LEARNING | $55,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,934,858 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,553,372 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $1,267,443 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $1,140,514 |
| Sub-Saharan Africa | YOUTH LEARNING | $49,960 |
| Sub-Saharan Africa | YOUTH LEARNING | $5,178,762 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $7,204,169 |
| Sub-Saharan Africa | YOUTH LEARNING | $6,600,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $15,108,669 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $4,623,699 |
| Sub-Saharan Africa | YOUTH LEARNING | $40,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $7,813,639 |
| Sub-Saharan Africa | YOUTH LEARNING | $103,552 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $40,656 |
| Sub-Saharan Africa | YOUTH LEARNING | $85,690 |
| North America | YOUTH LEARNING | $16,434,523 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,602,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,489,850 |
| North America | YOUTH LEARNING | $2,413,064 |
| Sub-Saharan Africa | YOUTH LEARNING | $752,706 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,068,775 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $383,644 |
| Sub-Saharan Africa | YOUTH LEARNING | $452,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $169,866 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,097,989 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,581,715 |
| North America | FINANCIAL INCLUSION | $3,397,935 |
| Sub-Saharan Africa | YOUTH LEARNING | $50,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $2,670,600 |
| Sub-Saharan Africa | YOUTH LEARNING | $125,513 |
| Sub-Saharan Africa | YOUTH LEARNING | $586,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $173,808 |
| Sub-Saharan Africa | YOUTH LEARNING | $7,439,875 |
| Sub-Saharan Africa | YOUTH LEARNING | $535,004 |
| Sub-Saharan Africa | YOUTH LEARNING | $39,994 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,431,544 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $972,376 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $39,999 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $11,423,785 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $55,726 |
| Sub-Saharan Africa | YOUTH LEARNING | $624,628 |
| Sub-Saharan Africa | YOUTH LEARNING | $453,076 |
| Europe (Including Iceland and Greenland) | FINANCIAL INCLUSION | $2,892,901 |
| Sub-Saharan Africa | YOUTH LEARNING | $800,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,800,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $42,356,933 |
| Sub-Saharan Africa | YOUTH LEARNING | $115,334 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,646,894 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $14,024,105 |
| Europe (Including Iceland and Greenland) | FINANCIAL INCLUSION | $1,931,450 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $6,350,411 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,876,872 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $5,018,822 |
| Sub-Saharan Africa | YOUTH LEARNING | $35,910,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,377,313 |
| Sub-Saharan Africa | YOUTH LEARNING | $407,714 |
| Sub-Saharan Africa | YOUTH LEARNING | $10,751,214 |
| North America | FINANCIAL INCLUSION | $25,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,014,278 |
| Sub-Saharan Africa | YOUTH LEARNING | $687,375 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $493,800 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,226,090 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,200,056 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,738,134 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $249,999 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,527,307 |
| Sub-Saharan Africa | YOUTH LEARNING | $8,708,740 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,401,554 |
| Sub-Saharan Africa | YOUTH LEARNING | $49,605 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,813,568 |
| North America | YOUTH LEARNING | $5,034,396 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $25,245,549 |
| Europe (Including Iceland and Greenland) | FINANCIAL INCLUSION | $440,387 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $15,000,000 |
| North America | YOUTH LEARNING | $3,477,195 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,281,318 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $145,505 |
| Sub-Saharan Africa | YOUTH LEARNING | $120,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $129,431 |
| Sub-Saharan Africa | YOUTH LEARNING | $150,000 |
| Europe (Including Iceland and Greenland) | FINANCIAL INCLUSION | $415,939 |
| Sub-Saharan Africa | YOUTH LEARNING | $250,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,085,097 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,161,063 |
| North America | YOUTH LEARNING | $8,426,542 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,010,685 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,173,525 |
| Sub-Saharan Africa | YOUTH LEARNING | $900,000 |
| North America | YOUTH LEARNING | $180,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,383,514 |
| Sub-Saharan Africa | YOUTH LEARNING | $243,968 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $249,999 |
| North America | YOUTH LEARNING | $260,434 |
| North America | YOUTH LEARNING | $15,000,000 |
| North America | YOUTH LEARNING | $513,141 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,586,181 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,859,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $587,449 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,537,634 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $9,299,864 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,000,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,742,943 |
| Sub-Saharan Africa | YOUTH LEARNING | $36,085 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $100,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $100,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $1,076,653 |
| Sub-Saharan Africa | YOUTH LEARNING | $422,524 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $1,855,323 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,000,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,609,437 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,778,854 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $91,225 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $5,643,657 |
| Sub-Saharan Africa | YOUTH LEARNING | $500,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,400,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $1,946,851 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $250,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,483,845 |
| Sub-Saharan Africa | YOUTH LEARNING | $20,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $21,682,896 |
| Sub-Saharan Africa | YOUTH LEARNING | $27,190 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $236,866 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,197,170 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $4,047,920 |
| Sub-Saharan Africa | YOUTH LEARNING | $11,738 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $500,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $580,108 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,332,178 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,225,138 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,596,712 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $11,930,542 |
| Sub-Saharan Africa | YOUTH LEARNING | $20,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $59,224 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $15,867,056 |
| Sub-Saharan Africa | YOUTH LEARNING | $355,224 |
| Sub-Saharan Africa | YOUTH LEARNING | $43,262 |
| Sub-Saharan Africa | YOUTH LEARNING | $99,958 |
| Sub-Saharan Africa | YOUTH LEARNING | $219,103 |
| Sub-Saharan Africa | YOUTH LEARNING | $248,633 |
| Sub-Saharan Africa | YOUTH LEARNING | $138,052 |
| Sub-Saharan Africa | YOUTH LEARNING | $16,606 |
| Sub-Saharan Africa | YOUTH LEARNING | $31,486 |
| Sub-Saharan Africa | YOUTH LEARNING | $50,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $500,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,101,528 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $33,334 |
| Middle East and North Africa | YOUTH LEARNING | $1,140,085 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,168,015 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,760,715 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,066,538 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,478,260 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,672,677 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,447,401 |
| Sub-Saharan Africa | YOUTH LEARNING | $20,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $150,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $50,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,643,045 |
| Sub-Saharan Africa | YOUTH LEARNING | $50,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $150,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,231,254 |
| Sub-Saharan Africa | YOUTH LEARNING | $2,204,400 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,341,245 |
| Sub-Saharan Africa | YOUTH LEARNING | $50,000 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $313,817 |
| Sub-Saharan Africa | YOUTH LEARNING | $25,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $124,700 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $9,639,368 |
| Sub-Saharan Africa | YOUTH LEARNING | $11,335,367 |
| Sub-Saharan Africa | YOUTH LEARNING | $125,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,993,660 |
| Sub-Saharan Africa | YOUTH LEARNING | $6,462,370 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $3,664,109 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $7,822,684 |
| Sub-Saharan Africa | YOUTH LEARNING | $40,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $4,390,548 |
| Sub-Saharan Africa | YOUTH LEARNING | $250,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $33,574,323 |
| North America | YOUTH LEARNING | $150,000 |
| Sub-Saharan Africa | YOUTH LEARNING | $14,911,216 |
| Sub-Saharan Africa | YOUTH LEARNING | $3,467,336 |
| Sub-Saharan Africa | YOUTH LEARNING | $8,188,023 |
| Sub-Saharan Africa | YOUTH LEARNING | $49,806 |
| Sub-Saharan Africa | YOUTH LEARNING | $710,134 |
| Sub-Saharan Africa | YOUTH LEARNING | $31,189 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $7,687,016 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $2,734,160 |
| Sub-Saharan Africa | YOUTH LEARNING | $52,877 |
| Sub-Saharan Africa | YOUTH LEARNING | $1,991,491 |
| Sub-Saharan Africa | YOUTH LEARNING | $157,489 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $2,066,077 |
| Sub-Saharan Africa | FINANCIAL INCLUSION | $930,015 |
| North America | YOUTH LEARNING | $995,727 |
| North America | YOUTH LEARNING | $289,666 |
| North America | YOUTH LEARNING | $1,448,331 |
| North America | YOUTH LEARNING | $1,149,946 |
| North America | YOUTH LEARNING | $893,777 |
| North America | YOUTH LEARNING | $1,864,736 |
| North America | YOUTH LEARNING | $398,157 |
| North America | YOUTH LEARNING | $39,550 |
| North America | YOUTH LEARNING | $3,294,262 |
| North America | YOUTH LEARNING | $4,275,024 |
| North America | YOUTH LEARNING | $3,173,793 |
| North America | YOUTH LEARNING | $2,247,518 |
| North America | YOUTH LEARNING | $925,111 |
| North America | YOUTH LEARNING | $4,467,942 |
| North America | YOUTH LEARNING | $3,029,104 |
| North America | YOUTH LEARNING | $75,609 |
| North America | YOUTH LEARNING | $2,420,510 |
| North America | YOUTH LEARNING | $652,526 |
| North America | YOUTH LEARNING | $173,000 |
| North America | YOUTH LEARNING | $221,262 |
| North America | YOUTH LEARNING | $1,319,943 |
| North America | YOUTH LEARNING | $2,331,424 |
| North America | YOUTH LEARNING | $243,544 |
| North America | FINANCIAL INCLUSION | $2,147,335 |
| North America | YOUTH LEARNING | $113,805 |
| North America | YOUTH LEARNING | $36,426,802 |
| North America | YOUTH LEARNING | $1,294,234 |
| North America | YOUTH LEARNING | $5,442,176 |
| North America | YOUTH LEARNING | $189,022 |
| North America | YOUTH LEARNING | $73,801 |
| North America | YOUTH LEARNING | $126,869 |
| North America | YOUTH LEARNING | $768,640 |
| North America | YOUTH LEARNING | $1,902,272 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $255,319 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $212,398 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $50,000 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $28,212,350 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $236,866 |
| Europe (Including Iceland and Greenland) | YOUTH LEARNING | $609,854 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 264 | Total501c3OrgCnt |
| Total Other Org | 6 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PART I LINE 2 | FormAndLineReferenceDesc |
| Explanation | THROUGHOUT THE LIFECYCLE OF THE PROJECT, THE FOUNDATION ASSESSES WHETHER THE ORGANIZATION IS CARRYING OUT ACTIVITIES CONSISTENT WITH THE PURPOSES FOR WHICH THE FUNDS WERE APPROVED. THIS IS DONE BY USING FINANCIAL AND NARRATIVE REPORTING FROM THE ORGANIZATION, ON-SITE PROJECT VISITS, VIRTUAL MEETINGS AND WHERE NECESSARY DESKTOP REVIEWS WITH THE ORGANIZATION, THIRD PARTY REVIEWS AND REPORTS. AN ASSESSMENT OF COMPLIANCE WITH ANTI-TERRORISM LEGISLATION AND OTHER DUE DILIGENCE PROCEDURES ARE DONE ON AN ANNUAL BASIS FOR MULTI-YEAR PROJECTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (52 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| African Center for Economic Transformation | |||||||
| 1776 K Street NW Suite 200 | Washington | DC | 20006 | 113803281 | 501(c)3 | $1,582,941 | YOUTH LEARNING |
| American University of Beirut | |||||||
| 3 Dag Hammarskjold Plaza 8th Floor | New York | NY | 100172303 | 135596846 | 501(c)3 | $12,000,000 | YOUTH LEARNING |
| American University of Beirut | |||||||
| 3 Dag Hammarskjold Plaza 8th Floor | New York | NY | 100172303 | 135596846 | 501(c)3 | $10,319,223 | YOUTH LEARNING |
| Arizona State University | |||||||
| PO Box 877705 Tempe | Arizona | AZ | 852877705 | $40,434,702 | YOUTH LEARNING | ||
| Brown University | |||||||
| 350 Eddy St Providence | Rhode Island | RI | 02906 | 050258809 | 501(c)3 | $50,000 | YOUTH LEARNING |
| CapitalPlus Exchange Corporation | |||||||
| 8001 Lincoln Ave Ste 201 Skokie | Illinois | IL | 600773657 | 300199985 | 501(c)3 | $7,000,000 | FINANCIAL INCLUSION |
| Carnegie Mellon University | |||||||
| 5000 Forbes Ave | Pittsburgh | PA | 15213 | 250969449 | 501(c)3 | $898,631 | YOUTH LEARNING |
| CorpsAfrica | |||||||
| 300 Park Avenue 12th Floor | New York | NY | 10022 | 452470692 | 501(c)3 | $10,338,483 | YOUTH LEARNING |
| CrossBoundary | |||||||
| 1627 I Street NW Suite 810 | Washington DC | DC | 20006 | 453807303 | $4,000,000 | FINANCIAL INCLUSION | |
| Emerging Public Leaders | |||||||
| 110 Vermont Ave Suite 500 | Washington | DC | 20005 | 815294637 | 501(c)3 | $3,424,526 | YOUTH LEARNING |
| Generation | |||||||
| 1200 19th Street NW | Washington DC | WA | 20036 | 471073442 | 501(c)3 | $3,631,037 | YOUTH LEARNING |
| Global Give Back Circle | |||||||
| 400 E 59th Street | New York | NY | 10022 | 770708340 | 501(c)3 | $8,713,490 | YOUTH LEARNING |
| Heifer Project International | |||||||
| 1 World Ave Suite 520 Little Roc | Arkansas | AR | 722022863 | 351019477 | 501(c)3 | $3,998,234 | FINANCIAL INCLUSION |
| Heifer Project International | |||||||
| 1 World Ave Suite 520 Little Roc | Arkansas | AR | 722022863 | 351019477 | 501(c)3 | $9,804,050 | YOUTH LEARNING |
| Inkomoko (formerly African Entrepreneurship Collec | |||||||
| PO Box 209 Clinton | Washington | WA | 98236 | 460743201 | 501(c)3 | $18,133,840 | FINANCIAL INCLUSION |
| Inkomoko (formerly African Entrepreneurship Collec | |||||||
| PO Box 209 Clinton | Washington | WA | 98236 | 460743201 | 501(c)3 | $1,147,363 | YOUTH LEARNING |
| International Center for Research on Women | |||||||
| 1120 20th St NW Suite 500N | Washington | DC | 20036 | 501(c)3 | $961,604 | YOUTH LEARNING | |
| Johns Hopkins Center for Communication Programs (C | |||||||
| 520595110 | 501(c)3 | $2,647,811 | YOUTH LEARNING | ||||
| Johns Hopkins University | |||||||
| 3400 N Charles Street | Baltimore | MD | 212182625 | 520595110 | 501(c)3 | $499,461 | FINANCIAL INCLUSION |
| Kepler Inc | |||||||
| 1732 1st Ave 21374 | New York | NY | 10128 | 200934525 | 501(c)3 | $2,150,824 | YOUTH LEARNING |
| Mathematica Inc | |||||||
| 1100 1st Street NE 12th Floor | Washington | DC | 200024221 | $699,758 | YOUTH LEARNING | ||
| One Acre Fund | |||||||
| 1954 First St 183 | Highland Park | IL | 60035 | 203668110 | 501(c)3 | $22,673,980 | FINANCIAL INCLUSION |
| QM Quality Matters Inc | |||||||
| 465503339 | 501(c) 3 | $20,492 | YOUTH LEARNING | ||||
| Spence-Chapin | |||||||
| 410 EAST 92ND STREET | New York | NY | 101286881 | 131834590 | 501(c)3 | $91,618 | YOUTH LEARNING |
| St Lawrence University | |||||||
| 23 Romoda Drive | Canton | NY | 13617 | 150532239 | 501(c)3 | $50,000 | YOUTH LEARNING |
| The Batonga Foundation | |||||||
| 2000 Massachusetts Ave NW | Washington | DC | 20036 | 205927387 | 501(c)3 | $2,276,918 | FINANCIAL INCLUSION |
| The Mawazo Institute | |||||||
| PO Box 965 | La Grange | IL | 60525 | 371845043 | 501(c)3 | $767,781 | YOUTH LEARNING |
| The Resolution Project | |||||||
| 1120 Avenue of the Americas 4th Fl | New York | NY | 10036 | 264394051 | 501(c)3 | $1,012,079 | YOUTH LEARNING |
| The World Bank | |||||||
| 1818 H Street NW | Washington | DC | 20433 | 521186444 | 501(c)7 | $311,640 | FINANCIAL INCLUSION |
| Tufts University | |||||||
| 62R Talbot Ave | Medford | MA | 021555813 | 042103634 | 501(c)3 | $9,434,798 | YOUTH LEARNING |
| United Nations Development Programme | |||||||
| One United Nations Plaza | New York | NY | 10017 | $6,434,649 | FINANCIAL INCLUSION | ||
| University of Colorado | |||||||
| The Regents of the University of Co | Boulder | CO | 803090001 | 846000555 | 501(c)3 | $621,775 | YOUTH LEARNING |
| Youth Development Labs Inc | |||||||
| 3130 Shattuck Ave | Berkeley | CA | 94705 | 812339233 | 501(c)3 | $2,514,562 | YOUTH LEARNING |
| Center for Transcultural Studies | |||||||
| 801 Ridge Terrace | Evanston | IL | 60201 | 237180280 | 501(c)3 | $100,000 | YOUTH LEARNING |
| Educate | |||||||
| PO Box 12302 | Denver | CO | 80212 | 841648607 | 501(c)3 | $5,752,101 | YOUTH LEARNING |
| Education Development Center Inc | |||||||
| 43 Foundry Avenue | Waltham | MA | 024538313 | 042241718 | 501(c)3 | $54,970 | YOUTH LEARNING |
| Future of Learning | |||||||
| 7 Flying Point Road | Stony Creek | CT | 06405 | 922799895 | $150,000 | YOUTH LEARNING | |
| Global Energy Alliance for People & Planet (GEAPP) | |||||||
| $12,199,289 | YOUTH LEARNING | ||||||
| Hodi | |||||||
| North Carolina United States | North Carolina United | NC | 99999 | 862903336 | $248,000 | YOUTH LEARNING | |
| International Funders for Indigenous Peoples | |||||||
| 753217508 | 501(c)3 | $106,889 | YOUTH LEARNING | ||||
| IREX | |||||||
| 223087809 | 501(c)3 | $158,091 | YOUTH LEARNING | ||||
| Kellermann Foundation | |||||||
| 342018044 | 501(c)3 | $546,462 | YOUTH LEARNING | ||||
| Localized Inc | |||||||
| 5425 Wisconsin Avenue Suite 600 | Chevy Chase | MD | 20815 | 822011194 | $150,000 | YOUTH LEARNING | |
| Refugee Economic Inclusion Coalition | |||||||
| 651 N BROADST STE 201 | MIDDLETOWN | DE | 99999 | 922664974 | $3,898,189 | FINANCIAL INCLUSION | |
| The Clayton Christensen Institute for Disruptive I | |||||||
| 260264045 | $174,759 | FINANCIAL INCLUSION | |||||
| UNICEF The United Nations Children's Fund | |||||||
| UNICEF House Three United Nations | New York | NY | 10017 | $35,000,000 | YOUTH LEARNING | ||
| United Nations Capital Development Fund | |||||||
| Two UN Plaza 26th Floor | New York | NY | 10017 | $7,211,644 | YOUTH LEARNING | ||
| University of California Berkeley | |||||||
| 356 Stephens Hall | Berkeley | CA | 947202314 | 943067788 | 501(c)3 | $14,999,999 | YOUTH LEARNING |
| University of the People | |||||||
| 595 E Colorado Boulevard Suite 62 | Pasadena | CA | 91101 | 264078735 | 501(c)3 | $50,000 | YOUTH LEARNING |
| Village Health Works | |||||||
| 45 West 36th Street 8th Floor | New York | NY | 10018 | 450545435 | 501(c)3 | $703,881 | YOUTH LEARNING |
| Wellesley College | |||||||
| 106 Central Street | Wellesley | MA | 02481 | 042103637 | 501(c)3 | $148,214 | YOUTH LEARNING |
| Wellesley College | |||||||
| 106 Central Street | Wellesley | MA | 02481 | 042103637 | 501(c)3 | $73,001 | YOUTH LEARNING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 38 | Total501c3OrgCnt |
| Total Other Org | 15 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART 1 LINE 2 | FormAndLineReferenceDesc |
| Explanation | THROUGHOUT THE LIFECYCLE OF THE PROJECT, THE FOUNDATION ASSESSES WHETHER THE ORGANIZATION IS CARRYING OUT ACTIVITIES CONSISTENT WITH THE PURPOSES FOR WHICH THE FUNDS WERE APPROVED. THIS IS DONE BY USING FINANCIAL AND NARRATIVE REPORTING FROM THE ORGANIZATION, ON-SITE PROJECT VISITS, VIRTUAL MEETINGS AND WHERE NECESSARY DESKTOP REVIEWS WITH THE ORGANIZATION, THIRD PARTY REVIEWS AND REPORTS. AN ASSESSMENT OF COMPLIANCE WITH ANTI-TERRORISM LEGISLATION AND OTHER DUE DILIGENCE PROCEDURES ARE DONE ON AN ANNUAL BASIS FOR MULTI-YEAR PROJECTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|
| REETA ROY | ||||
| PRESIDENT AND CEO | $1,236,490 | $99,377 | $1,335,867 | |
| PETER MATERU | ||||
| CHIEF PROGRAM OFFICER | $642,906 | $111,531 | $754,437 | |
| DOUGLAS KASAMBALA | ||||
| CHIEF FINANCIAL OFFICER | $575,224 | $15,594 | $640,431 | $49,613 |
| OLUWOLE ONABOLO | ||||
| GENERAL COUNSEL | $492,686 | $85,120 | $577,806 | |
| WARIKO WAITA | ||||
| DIRECTOR PAC - ED.&TRANSITIONS | $205,347 | $321,201 | $526,548 | |
| TINA MUPARADZI | ||||
| EXEC. DIRECTOR-ED.&TRANSITIONS | $434,459 | $52,742 | $487,201 | |
| JENNIFER RAMNATH | ||||
| CHIEF, DIGITAL AND INFO. OFF. | $381,879 | $52,227 | $484,759 | $50,653 |
| SERGE AUGUSTE KOUAKOU | ||||
| COUNTRY DIRECTOR, SENEGAL | $387,958 | $76,954 | $464,912 | |
| AMOS ODERO | ||||
| HEAD - PAN AFTRICA PROGRAMS | $116,242 | $335,761 | $452,003 | |
| DAVID BAGENDA | ||||
| SENIOR DIRECTOR, FINANCE | $213,468 | $236,448 | $449,916 | |
| OMOTADE AKIN AINA | ||||
| CHIEF IMPACT&RESEARCH OFFICER | $270,868 | $80,109 | $350,977 | |
| JULIE GICHURU | ||||
| CHIEF PUBLIC AFFAIRS&COMMUNICA | $278,487 | $62,415 | $340,902 | |
| SCONAID MCGEACHIN | ||||
| CHIEF PUBLIC AFFAIRS&COMMUNICA | $224,752 | $28,249 | $299,524 | $46,523 |
| LINDA OSODO | ||||
| AG. CHIEF PEOPLE&CULTURE OFFIC | $218,092 | $21,402 | $239,494 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1a - SUPPLEMENTAL INFORMATION | Travel for companions: Name Type of benefit Taxable compensation Reeta Roy Airfare for companions Yes Peter Materu Airfare for companions Yes Douglas Kasambala Airfare for companions Yes Oluwole Onabolo Airfare for companions Yes Amos Odero Airfare for companions Yes Wariko Waita Airfare for companions Yes Tax indemnification and gross-up payments: Name Type of benefit Taxable compensation Reeta Roy - Housing Allowance, Home Leave Allowance, Tax Preparation Support, Work from Home Allowance Yes Peter Materu - Housing Allowance, Home Leave Allowance, Tax Preparation Support, Work from Home Allowance Yes Douglas Kasambala - Relocation Allowance, Work from Home Allowance Yes Oluwole Onabolo - Work from Home Allowance Yes Jeniffer Ramnath - Housing Allowance, Transport Allowance, Relocation Allowance, Dependent Tuition, Tax Preparation Support, Work from Home Allowance Yes Omotade Akin-Aina - Housing allowance, Transport Allowance, Work from Home allowance Yes Julie Gichuru - Work from Home Allowance Yes Sconaid McGeachin - Housing allowance, Transport Allowance, Work from Home Allowance Yes Linda Osodo - Work from Home Allowance Yes Tina Muparadzi - Housing Allowance, Relocation Allowance, Tax Preparation Support, Work from Home Allowance Yes Serge Auguste Kouakou - Housing Allowance, Transport Allowance, Work from Home Allowance Yes Amos Odero - Housing Allowance, Home Leave Allowance, Tax Preparation Support, Work from Home Allowance Yes Wariko Waita - Housing Allowance, Home Leave Allowance, Tax Preparation Support, Work from Home Allowance Yes David Bagenda - Housing Allowance, Work from Home Allowance Yes Housing allowance or residence for personal use: Name Type of benefit Taxable compensation Reeta Roy Housing allowance Yes Peter Materu Housing allowance Yes Tina Muparadzi Housing allowance Yes Serge Auguste Kouakou Housing allowance Yes David Begenda Housing allowance Yes Personal Services: David Bagenda Car & driver for personal use Yes |
| SCHEDULE J, PART I, LINE 4a - SUPPLEMENTAL INFORMATION | SEVERANCE PAID DURING 2024: DAVID BAGENDA - $91,109.20 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART VI LINE 7B | THE BYLAWS OF THE FOUNDATION STATE THAT NOMINATIONS OF QUALIFIED CANDIDATES TO BE ELECTED AS DIRECTORS OF THE BOARD OF THE FOUNDATION SHALL BE MADE BY THE BOARD OF THE FOUNDATION, UPON CONSULTATION WITH, BUT NOT UNDER THE CONTROL OR DIRECTION OF MASTERCARD INCORPORATED. MOREOVER, THE BYLAWS STATE THAT DIRECTORS OF THE FOUNDATION SHALL BE REQUIRED TO SATISFY THE QUALIFICATIONS OUTLINED IN THE BYLAWS, AS DETERMINED BY A RESOLUTION OF THE BOARD OF DIRECTORS OF THE FOUNDATION AND A MAJORITY OF THE VOTES CAST AT A PROPERLY CONSTITUTED MEETING OF THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF MASTERCARD INCORPORATED. AMENDING CERTAIN SECTIONS OF THE FOUNDATION'S BYLAWS ALSO REQUIRES APPROVAL BY MASTERCARD INCORPORATED. |
| PART VI LINE 11 | THE FORM 990 IS PREPARED BY DELOITTE LLP ("DELOITTE"), BASED ON THE INFORMATION PROVIDED BY MANAGEMENT. PRIOR TO FILING, THE FORM 990 IS APPROVED BY THE BOARD OF DIRECTORS. |
| PART VI LINE 12C | FOUNDATION OFFICERS MUST COMPLY WITH THE EMPLOYEE CODE OF CONDUCT WHICH REQUIRES AN INITIAL DISCLOSURE FORM BEFORE HIS OR HER INVOLVEMENT WITH ANY OPERATIONS OF THE FOUNDATION. THIS DISCLOSURE IDENTIFIES ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE INDIVIDUAL MAY BE INVOLVED THAT HE OR SHE BELIEVES COULD CAUSE A CONFLICT OF INTEREST. THIS INITIAL DISCLOSURE MUST BE CONFIRMED ANNUALLY AND UPDATED WHENEVER SUBSTANTIAL CHANGES OCCUR. THE BOARD OF DIRECTORS ARE GOVERNED UNDER THE CONFLICT OF INTEREST PROVISIONS SET OUT IN THE FOUNDATION'S BYLAWS AND CODE OF CONDUCT FOR DIRECTORS. FOR BOTH OFFICERS AND DIRECTORS THE DISCLOSURE FORMS ARE REVIEWED AS THEY ARE SUBMITTED AND ANY POTENTIAL CONFLICTS ARE ADDRESSED. BOARD MEMBERS WITH A CONFLICT OF INTEREST DO NOT VOTE ON ANY MATTER RELATED TO THE ISSUE FOR WHICH THEY HAVE A CONFLICT, OR RESIGN FROM THE BOARD, AS APPLICABLE. |
| PART VI LINE 15A AND 15 B | THE TALENT AND COMPENSATION COMMITTEE APPROVES COMPENSATION FOR THE PRESIDENT/CEO. PRESIDENT/CEO APPROVES SALARIES FOR ALL EXECUTIVE COMMITTEE MEMBERS AND THE TALENT AND COMPENSATION COMMITTEE ENDORSES CHANGES TO COMPENSATION FOR THE PRESIDENT/ CEO AND THE EXECUTIVE COMMITTEE. EXTERNAL CONSULTANTS ARE ENGAGED TO CONDUCT COMPETITIVE REVIEWS OF COMPENSATION FOR THE PRESIDENT/CEO, EXECUTIVE COMMITTEE, AND ALL STAFF. EXTERNAL CONSULTANTS ARE ALSO ENGAGED TO ADVISE ON COMPENSATION STRATEGY. THE FOUNDATION REVIEWS COMPENSATION PLANNING DATA PROVIDED BY EXTERNAL CONSULTANTS FOR SALARY ADJUSTMENTS PERIODICALLY. |
| PART VI LINE 19 | GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE FOUNDATION'S WEBSITE. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mastercard Foundation Asset Management | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 YONGE STREET SUITE 2400 | AddressLine1Txt |
| City | Toronto | CityNm |
| Province Or State | Ontario | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B2L7 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | ASSET MANAGEMent | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | CA | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mastercard F | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C corp | EntityTypeTxt |
| Share Of Total Income | $100 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $100 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORPOR | ||
| a | $187,154 | Cash |
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORPOR | ||
| l | $273,776 | Cash |
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORPOR | ||
| p | $46,093 | Cash |
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORPOR | ||
| m | $15,220,845 | Cash |