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Public nonprofit record

MASTERCARD FOUNDATION

EIN 98-0543843 · International Economic Development (Q32)

What they do

THE FOUNDATIONS MISSION is to ADVANCE YOUTH EDUCATION and PROMOTE FINANCIAL INCLUSION for FINANCIALLY DISADVANTAGED PERSONS and COMMUNITIES AS A MEANS of RELIEVING POVERTY.

Money

Financial picture

Tax year 2024
Revenue$6,513,121,957
Expenses$1,633,430,674
Assets$50,320,893,084
Income$20,949,190,099
Grants given$2,049,843,839
Average grant$4,903,933
Management$109,602,730
Stocks and bonds$48,088,460,550
Accounting fees$675,534
Investing fees$18,642,590

About this charity

Recognized since
January 2010
Location
250 Yonge Street Suite 2400, TORONTO
In care of
DOUGLAS KASAMBALA
Primary officer
DOUGLAS KASAMBALA, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DELOITTE LLP
NTEE classification
International Economic Development (Q32)
IRS tax category
International Economic Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
04
Affiliation
3
Classification
3000
Deductibility
2
Organization
1

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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