The Mastercard Foundation
Empowers youth through education and promotes financial inclusion for disadvantaged individuals and communities. For fiscal year 2024 it reported $6.5B in revenue, $1.6B in expenses, and $50.3B in net assets.Pt I
- Founded
- 2005
- Type
- Membership association · International
- Location
- Canada
- Website
- www.mastercardfdn.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Where the work happens
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…
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.
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…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Reeta Roy’s $1.3M as President and CEO is at the 98th percentile of top reported officer pay among 88 $100M+ international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Reeta Roy | $1,335,867 | $1,290,974 | $1,112,764 | $1,048,777 | $1,042,780 |
| Peter Materu | $754,437 | — | — | $548,626 | $497,866 |
| Peter Materu | — | $750,217 | $604,499 | — | — |
| David Marlow | — | — | — | $559,153 | $661,409 |
| Douglas Kasambala | $640,431 | $404,895 | — | — | — |
| Serge Auguste Kouakou | — | $632,769 | $450,672 | — | — |
| Nathalie Gabala | — | $436,878 | $587,905 | $475,000 | $434,023 |
| Oluwole Onabolo | $577,806 | $442,559 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 7% | — | — |
| Revenue growth | 857% | — | — |
| Investment management fee ratio | 0.04% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 0.04% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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