2024-05-07T13:44:25-05:00 2023-12-31 Deloitte LLP 8 ADELAIDE ST W SUITE 200 TORONTO ON CA M5H 0A9 990 2023-01-01 980543843 MASTERCARD FOUNDATION % DOUGLAS KASAMBALA MAST 6472085154 250 Yonge Street Suite 2400 TORONTO ONTARIO CA M5B 2L7 DOUGLAS KASAMBALA CFO 6472142857 2024-05-03 DOUGLAS KASAMBALA 888008888 true Michael Xiang P01687378 4166016150 2024-05-01 3 2023 2023-04-26 12:10:37Z DOUGLAS KASAMBALA 250 Yonge Street Suite 2400 TORONTO ONTARIO CA M5B 2L7 1910266436 false X www.mastercardfdn.org X 2005 CA 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. 12 12 2 0 0 0 0 0 423841381 679990425 267926 275913 424109307 680266338 1222658542 1333637982 0 0 53412106 72620679 0 0 1 101230498 127264861 1377301146 1533523522 -953191839 -853257184 29242305789 42194078620 7993373 23161101 29234312416 42170917519 X 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. false false 75000000 75000000 0 Mastercard Foundation's partnership with Mennonite Economic Development Associates of Canada is an innovative fund-of-funds initiative that will invest in Africa-focused investment vehicles and provide business development services to strengthen capacity and promote inclusive growth. This initiative will provide capital to at least 20 gender-diverse African Investment Vehicle teams in priority sectors, resulting in at least 250,000 additional work opportunities for financially disadvantaged young people. 57500000 57500000 0 Mastercard Foundation's partnership with World Food Programme will provide post-harvest loss and access to market support to one million smallholder farmers across eight African countries. The partnership will also create 500,000 agricultural work opportunities for financially disadvantaged young people by reducing post-harvest losses and supporting financially disadvantaged young people to find and create new work opportunities along key agriculture value chains. 54349527 54349527 0 Mastercard Foundation's partnership with Camfed Canada will support 62,000 young women in Zimbabwe, Zambia, Tanzania, Ghana and Malawi in secondary education by providing them with skills that will enable them to transition into tertiary education, leadership roles, employment, or self-employment. The partnership will also enable institutions and educational systems to be more effective through evidence-based decision making, enhanced capacities, and innovation. 373928064 373928064 OTHER FINANCIAL INCLUSION PROGRAMS 772860393 772860393 OTHER YOUTH LEARNING PROGRAMS 128829878 Other Program services Expenses incl. direct imple 1275618335 1146788457 1462467862 false false false false false false false false true true false false false false false true false false true true true false false false false false true false true false false false false false false false false false false false false false true true false false true 0 0 2 true false true CA RW KE GH SF ET SG UG false false false false true false X 12 12 false false false false true true true true true false true true true true true true true true true true false X DOUGLAS KASAMBALA 6472085154 250 Yonge Street Suite 2400 TORONTO Ontario CA M5B 2L7 X REETA ROY PRESIDENT AND CEO 0.0 60.0 X 1290974 0 15523 Peter Materu Chief Program Officer 0.0 55.0 X 750217 0 9544 Serge Auguste Kouakou Country Director, Senegal 0.0 55.0 X 632769 0 13623 Julie Gichuru Chief Public Affairs and Commu 0.0 55.0 X 564359 0 12623 WARIKO WAITA SENIOR DIRECTOR, CORPORATE COM 0.0 55.0 X 510931 0 6815 Tina Muparadzi Chief People & Culture Officer 0.0 55.0 X 461434 0 5811 Hassan El Bouhali Strategic Advisor, Digital Eco 0.0 55.0 X 458531 0 7743 Nathalie Gabala Executive Director, Pan Africa 0.0 55.0 X 436878 0 24686 OLUWOLE ONABOLO GENERAL COUNSEL 0.0 55.0 X 442559 0 12623 SHONA BEZANSON DIRECTOR, BUSINESS DEVELOPMENT 0.0 55.0 X 410572 0 16522 SAMUEL ADELA COUNTRY DIRECTOR, ETHIOPIA 0.0 55.0 X 407129 0 16023 ROSY FYNN COUNTRY DIRECTOR, NIGERIA 0.0 55.0 X 404361 0 11623 DOUGLAS KASAMBALA CHIEF FINANCIAL OFFICER 0.0 55.0 X 404895 0 6296 OMOTADE AKIN-AINA CHIEF IMPACT AND RESEARCH OFF. 0.0 55.0 X 371426 0 11623 LINDA OSODO CHIEF PEOPLE & CULTURE OFFICER 0.0 55.0 X 191609 0 13623 Craig Calhoun Director 0.0 3.0 X 0 0 0 Douglas Baillie Director 0.0 3.0 X 0 0 0 Ellen Johnson Sirleaf Director 0.0 3.0 X 0 0 0 Jay Ireland Director 0.0 3.0 X 0 0 0 Jennifer Fonstad Director 0.0 3.0 X 0 0 0 Louise Arbour Director 0.0 3.0 X 0 0 0 Michael Sabia Director 0.0 3.0 X 0 0 0 Robin Washington Director 0.0 3.0 X 0 0 0 Valeria Amos BOARD CHAIR 0.0 3.0 X 0 0 0 Zein M Abdalla Board Chair 0.0 6.0 X 0 0 0 SEWIT AHDEROM DIRECTOR 0.0 3.0 X 0 0 0 TSEGA GEBREYES DIRECTOR 0.0 3.0 X 0 0 0 7738644 0 184701 208 true true false Engage Communications Ltd PO BOX 1030 000621 - VILLAGE MARK VILLAGE MARKET NAIROBI KE Public Relations Ser 8407354 Deloitte LLP BAY ADELAIDE CENTRE 8 ADELAIDE ST TORONTO ONTARIO CA M5H 0A9 Consulting Services 6044419 McKinsey and Company Inc Africa Pr 8TH FLOOR DELTA CORNER TOWER CHIRO WESTLANDS NAIROBI KE Consulting Services 5400000 McKinsey Co Inc E Africa PtyLtd E FLOOR 1 OASIS BUI BOLE MEDHANEALE ADDIS ABABA 0 ET Consulting Services 7533652 BOSTON CONSULTING GROUP KENYA LIM 19TH FLOOR 1 AFRICA PLACE WAIYAKI NAIROBI 0 KE CONSULTING SERVICES 5327738 107 0 0 251630572 251630572 0 0 275913 275913 0 275913 275913 1650637787 1230000098 420637689 428359853 428359853 0 0 0 0 0 0 0 0 0 0 680266338 680266338 190341626 190341626 0 1143296356 1143296356 0 4565137 2739692 1825445 0 51220833 37850094 13370739 0 16803030 10048321 6754709 31679 31679 0 3223455 425129 2798326 1252845 1252845 0 0 0 87935947 62910647 25025300 0 7791196 7791196 0 0 4927155 3706010 1221145 11725258 6034233 5691025 0 3991675 3659754 331921 0 0 2269985 2269985 484073 484073 HUMAN RESOURCE COSTS 3570107 1331154 2238953 OTHER EXPENSE 93165 93165 1533523522 1462467860 71055662 1 0 0 181170929 208691485 0 0 1500786 2553272 0 0 0 0 0 0 0 0 11278343 11490994 8559625 4870171 3233897 3689454 29043419408 41603281597 0 363396474 0 0 1702426 975344 0 0 29242305789 42194078620 7993373 23161101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7993373 23161101 X 190893008 567635922 29043419408 41603281597 29234312416 42170917519 29242305789 42194078620 -853257184 13789862287 X false true X true false 29043419409 13789862287 1230000099 41603281597 30677002172 -602037166 1031545597 29043419409 31355848119 391302813 1070148760 30677002172 27558166914 4474152467 676471261 31355848120 17386501173 10363751993 192066903 19350 27558166913 0.00000 0.00000 1.00000 false false 5067279 3109009 1958270 2314756 1020342 1294414 1177590 740820 436770 3689454 14470128625 13789862287 13789862287 680266338 680266338 1533523522 1533523522 1533523522 SCHEDULE D, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS ARE INTENDED TO PROVIDE REVENUE TO FULFILL THE FOUNDATION'S MISSION TO ADVANCE YOUTH EDUCATION AND PROMOTE FINANCIAL INCLUSION FOR FINANCIALLY DISADVANTAGED PERSONS AND COMMUNITIES, WITH A MAJOR FOCUS IN AFRICA. true Sub-Saharan Africa 7 431 Program Services Youth learning & Finan 1089726280 North America 1 142 Program Services YOUTH LEARNING & FINAN 32444482 Europe (Including Iceland and Greenland) 0 1 Program Services YOUTH LEARNING & FINAN 21125595 8 574 8 574 1143296357 1143296357 Sub-Saharan Africa Youth Learning 60000 Sub-Saharan Africa Youth Learning 1172625 Sub-Saharan Africa Financial Inclusion 2022058 Sub-Saharan Africa Financial Inclusion 314266 Sub-Saharan Africa Financial Inclusion 2864146 Sub-Saharan Africa Financial Inclusion 19150160 Sub-Saharan Africa Financial Inclusion 2093598 Sub-Saharan Africa Youth Learning 818121 Sub-Saharan Africa Youth Learning 752116 Sub-Saharan Africa Youth Learning 5000000 North America Youth Learning 8924700 Sub-Saharan Africa Youth Learning 4273714 Sub-Saharan Africa Youth Learning 50000000 Sub-Saharan Africa Youth Learning 1250987 Sub-Saharan Africa Youth Learning 9180816 Sub-Saharan Africa Youth Learning 4000000 Sub-Saharan Africa Youth Learning 1524831 Sub-Saharan Africa Youth Learning 14450020 Sub-Saharan Africa Youth Learning 12477022 Sub-Saharan Africa Youth Learning 618664 Sub-Saharan Africa Financial Inclusion 30497528 Sub-Saharan Africa Financial Inclusion 2962338 Sub-Saharan Africa Youth Learning 14051427 Sub-Saharan Africa Financial Inclusion 1936462 North America Youth Learning 1038520 Sub-Saharan Africa Youth Learning 99165 Sub-Saharan Africa Youth Learning 99976 North America Youth Learning 111494 Sub-Saharan Africa Youth Learning 60000 Sub-Saharan Africa Youth Learning 10795092 Sub-Saharan Africa Youth Learning 2315502 Sub-Saharan Africa Financial Inclusion 125000 Sub-Saharan Africa Financial Inclusion 2258015 Sub-Saharan Africa Financial Inclusion 1876119 Sub-Saharan Africa Financial Inclusion 2258015 Sub-Saharan Africa Youth Learning 99978 North America Youth Learning 243782 Sub-Saharan Africa Youth Learning 50000 Sub-Saharan Africa Youth Learning 25000 Europe (Including Iceland and Greenland) Youth Learning 3681192 Sub-Saharan Africa Financial Inclusion 1227434 Sub-Saharan Africa Youth Learning 1348190 North America Youth Learning 54349527 Europe (Including Iceland and Greenland) Youth Learning 6363047 North America Youth Learning 375396 Sub-Saharan Africa Youth Learning 50000 North America Financial Inclusion 5469412 Europe (Including Iceland and Greenland) Financial Inclusion 348131 Sub-Saharan Africa Youth Learning 124899 Sub-Saharan Africa Financial Inclusion 1934332 Sub-Saharan Africa Financial Inclusion 7007228 Europe (Including Iceland and Greenland) Youth Learning 30696011 Sub-Saharan Africa Financial Inclusion 6550885 Sub-Saharan Africa Youth Learning 99963 Sub-Saharan Africa Youth Learning 100000 Sub-Saharan Africa Financial Inclusion 1187131 Sub-Saharan Africa Youth Learning 250000 North America Youth Learning 1808812 North America Youth Learning 1099154 Sub-Saharan Africa Youth Learning 249720 Sub-Saharan Africa Youth Learning 1571560 Sub-Saharan Africa Financial Inclusion 2258015 Sub-Saharan Africa Youth Learning 2528540 Sub-Saharan Africa Financial Inclusion 1500000 Sub-Saharan Africa Youth Learning 2557392 Sub-Saharan Africa Youth Learning 3573232 Sub-Saharan Africa Youth Learning 95850 North America Youth Learning 2907071 Central America and the Caribbean Youth Learning 13067985 Europe (Including Iceland and Greenland) Youth Learning 1458395 Sub-Saharan Africa Youth Learning 2683765 North America Youth Learning 736269 Sub-Saharan Africa Youth Learning 6494604 North America Youth Learning 250000 Sub-Saharan Africa Youth Learning 7804701 North America Youth Learning 860115 Sub-Saharan Africa Financial Inclusion 7296221 Sub-Saharan Africa Financial Inclusion 3475694 Sub-Saharan Africa Financial Inclusion 9623473 Sub-Saharan Africa Financial Inclusion 2133213 Sub-Saharan Africa Youth Learning 244524 Sub-Saharan Africa Financial Inclusion 6995103 Sub-Saharan Africa Financial Inclusion 287885 Sub-Saharan Africa Financial Inclusion 19893230 Sub-Saharan Africa Financial Inclusion 288462 East Asia and the Pacific Financial Inclusion 8138314 Sub-Saharan Africa Financial Inclusion 284044 North America Youth Learning 372949 Europe (Including Iceland and Greenland) Youth Learning 10099016 Sub-Saharan Africa Youth Learning 8640159 Sub-Saharan Africa Youth Learning 97782 North America Youth Learning 226163 Sub-Saharan Africa Youth Learning 25000 North America Youth Learning 831687 Sub-Saharan Africa Youth Learning 150000 Sub-Saharan Africa Youth Learning 7643397 Sub-Saharan Africa Youth Learning 19784247 Sub-Saharan Africa Youth Learning 167316 Sub-Saharan Africa Youth Learning 3042841 Sub-Saharan Africa Financial Inclusion 1924762 Sub-Saharan Africa Financial Inclusion 1894916 Europe (Including Iceland and Greenland) Youth Learning 5573213 Sub-Saharan Africa Financial Inclusion 1963606 Sub-Saharan Africa Youth Learning 70000 Sub-Saharan Africa Financial Inclusion 60000 Sub-Saharan Africa Youth Learning 985074 Sub-Saharan Africa Youth Learning 2822341 Sub-Saharan Africa Financial Inclusion 2258015 Sub-Saharan Africa Youth Learning 576298 Europe (Including Iceland and Greenland) Youth Learning 100000 Sub-Saharan Africa Financial Inclusion 823148 Sub-Saharan Africa Youth Learning 99854 Europe (Including Iceland and Greenland) Youth Learning 1054686 Sub-Saharan Africa Youth Learning 98080 North America Youth Learning 184715 North America Financial Inclusion 183783 Sub-Saharan Africa Youth Learning 99919 Sub-Saharan Africa Youth Learning 250000 Sub-Saharan Africa Youth Learning 150000 Sub-Saharan Africa Youth Learning 150000 Sub-Saharan Africa Youth Learning 1644896 Sub-Saharan Africa Youth Learning 2507863 Sub-Saharan Africa Youth Learning 1265163 Sub-Saharan Africa Youth Learning 2037583 Sub-Saharan Africa Youth Learning 133650 Sub-Saharan Africa Youth Learning 4108924 Sub-Saharan Africa Youth Learning 2254377 Sub-Saharan Africa Youth Learning 81270 North America Youth Learning 286564 Sub-Saharan Africa Financial Inclusion 647223 Sub-Saharan Africa Youth Learning 11349283 Sub-Saharan Africa Youth Learning 1935605 Sub-Saharan Africa Youth Learning 7014137 Sub-Saharan Africa Youth Learning 1925131 Europe (Including Iceland and Greenland) Youth Learning 3028456 Sub-Saharan Africa Youth Learning 94930 Sub-Saharan Africa Youth Learning 1710770 Sub-Saharan Africa Youth Learning 99966 Sub-Saharan Africa Financial Inclusion 249962 Sub-Saharan Africa Youth Learning 50000 Sub-Saharan Africa Youth Learning 5872564 Sub-Saharan Africa Youth Learning 960125 Sub-Saharan Africa Youth Learning 25000 Sub-Saharan Africa Financial Inclusion 286819 Sub-Saharan Africa Youth Learning 1401700 Sub-Saharan Africa Financial Inclusion 8344180 Sub-Saharan Africa Youth Learning 3506178 Sub-Saharan Africa Financial Inclusion 9918202 Sub-Saharan Africa Youth Learning 12698905 North America Youth Learning 1132931 Sub-Saharan Africa Financial Inclusion 2231729 Europe (Including Iceland and Greenland) Youth Learning 6751 Sub-Saharan Africa Youth Learning 312722 Europe (Including Iceland and Greenland) Youth Learning 6102945 Sub-Saharan Africa Youth Learning 40000 Sub-Saharan Africa Youth Learning 99781 North America Youth Learning 244972 Sub-Saharan Africa Youth Learning 2617649 Sub-Saharan Africa Financial Inclusion 51836 Sub-Saharan Africa Financial Inclusion 48651 North America Youth Learning 25729617 Sub-Saharan Africa Youth Learning 1300000 North America Youth Learning 39550 Sub-Saharan Africa Youth Learning 224880 North America Financial Inclusion 75000000 Sub-Saharan Africa Financial Inclusion 2992503 Sub-Saharan Africa Youth Learning 1248744 Sub-Saharan Africa Youth Learning 2712517 Sub-Saharan Africa Financial Inclusion 2337859 Sub-Saharan Africa Youth Learning 458000 Middle East and North Africa Youth Learning 252630 Sub-Saharan Africa Youth Learning 99996 Europe (Including Iceland and Greenland) Youth Learning 1863796 Sub-Saharan Africa Youth Learning 5174557 North America Youth Learning 296379 Sub-Saharan Africa Youth Learning 7518895 Sub-Saharan Africa Financial Inclusion 400000 Sub-Saharan Africa Youth Learning 1151162 Sub-Saharan Africa Youth Learning 1079250 Sub-Saharan Africa Youth Learning 50000 Sub-Saharan Africa Financial Inclusion 1346403 Sub-Saharan Africa Financial Inclusion 13412647 Sub-Saharan Africa Youth Learning 1033483 Sub-Saharan Africa Youth Learning 3119717 Sub-Saharan Africa Youth Learning 99954 North America Youth Learning 100508 Sub-Saharan Africa Youth Learning 1612269 Sub-Saharan Africa Youth Learning 1491479 Sub-Saharan Africa Youth Learning 99927 Sub-Saharan Africa Youth Learning 60000 Sub-Saharan Africa Youth Learning 4689976 Sub-Saharan Africa Financial Inclusion 742172 Sub-Saharan Africa Youth Learning 183000 Sub-Saharan Africa Youth Learning 190066 Sub-Saharan Africa Financial Inclusion 60000 Sub-Saharan Africa Financial Inclusion 5562813 North America Youth Learning 3013989 Sub-Saharan Africa Financial Inclusion 100000 North America Youth Learning 1856495 Sub-Saharan Africa Financial Inclusion 89810 Sub-Saharan Africa Financial Inclusion 4766006 Sub-Saharan Africa Youth Learning 520304 Europe (Including Iceland and Greenland) Youth Learning 6122561 Sub-Saharan Africa Youth Learning 99897 Sub-Saharan Africa Youth Learning 2456890 Sub-Saharan Africa Youth Learning 99874 Sub-Saharan Africa Youth Learning 1611566 Sub-Saharan Africa Youth Learning 100000 Sub-Saharan Africa Youth Learning 4304382 Sub-Saharan Africa Youth Learning 99992 Sub-Saharan Africa Youth Learning 88055 Europe (Including Iceland and Greenland) Youth Learning 17567519 Sub-Saharan Africa YOUTH LEARNING 115333 Sub-Saharan Africa Youth Learning 1625324 Sub-Saharan Africa Financial Inclusion 4967323 Sub-Saharan Africa Youth Learning 1221071 Europe (Including Iceland and Greenland) Financial Inclusion 1158870 Europe (Including Iceland and Greenland) Youth Learning 325131 Sub-Saharan Africa Financial Inclusion 11410629 North America Youth Learning 4330106 Sub-Saharan Africa Youth Learning 249999 Sub-Saharan Africa Youth Learning 13472639 Sub-Saharan Africa Youth Learning 1813683 Sub-Saharan Africa Financial Inclusion 4063106 Sub-Saharan Africa Youth Learning 2876639 Sub-Saharan Africa Youth Learning 1686284 Sub-Saharan Africa Youth Learning 14617505 Sub-Saharan Africa Youth Learning 99866 Sub-Saharan Africa Youth Learning 3835627 East Asia and the Pacific Financial Inclusion 50000 Sub-Saharan Africa Youth Learning 15267789 North America Financial Inclusion 50000 Sub-Saharan Africa Youth Learning 2228077 Europe (Including Iceland and Greenland) Youth Learning 50000 Sub-Saharan Africa Youth Learning 700000 Sub-Saharan Africa Youth Learning 794253 Sub-Saharan Africa Youth Learning 699998 North America Youth Learning 25887575 Sub-Saharan Africa Youth Learning 16374508 Europe (Including Iceland and Greenland) Youth Learning 18978334 Sub-Saharan Africa Youth Learning 128033 Sub-Saharan Africa Youth Learning 1156769 North America Youth Learning 1102521 North America Youth Learning 1807609 Europe (Including Iceland and Greenland) Youth Learning 19227094 Sub-Saharan Africa Youth Learning 12173401 Sub-Saharan Africa Youth Learning 1407105 Sub-Saharan Africa Youth Learning 3668915 Sub-Saharan Africa Financial Inclusion 1848854 North America Youth Learning 14792900 Sub-Saharan Africa Youth Learning 50000 Sub-Saharan Africa Youth Learning 50000 Sub-Saharan Africa Youth Learning 1205791 North America Youth Learning 6367686 Sub-Saharan Africa Financial Inclusion 18833039 Sub-Saharan Africa Financial Inclusion 99887 Europe (Including Iceland and Greenland) Financial Inclusion 880677 Europe (Including Iceland and Greenland) Financial Inclusion 57500000 Europe (Including Iceland and Greenland) Youth Learning 8906616 North America Youth Learning 8600870 Sub-Saharan Africa Youth Learning 3517735 Europe (Including Iceland and Greenland) YOUTH LEARNING 2097261 Sub-Saharan Africa YOUTH LEARNING 199961 Sub-Saharan Africa YOUTH LEARNING 2473126 Sub-Saharan Africa FINANCIAL INCLUSION 785564 Sub-Saharan Africa YOUTH LEARNING 2568581 Sub-Saharan Africa YOUTH LEARNING 97546 Sub-Saharan Africa YOUTH LEARNING 255319 6 264 false false false false false true SCHEDULE F, LINE 2 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. true African Center for Economic Transformation 1776 K Street NW Suite 200 Washington WA 20006 113803281 501(c)3 1610551 Youth Learning American University of Beirut 3 Dag Hammarskjold Plaza 8th Floor New York NY 100172303 135596846 501(c)3 7160923 Youth Learning American University of Beirut 3 Dag Hammarskjold Plaza 8th Floor New York NY 100172303 135596846 501(c)3 5307980 Youth Learning Arizona State University PO Box 877705 Tempe AZ 852877705 999999999 Charitable Orga 1605167 Youth Learning Bankable Frontier Associates Suite 303 48 Grove Street Somerville MA 21440 204108833 Other 250000 Financial Inclusion Brown University 350 Eddy St Providence Rhode Island RI 29030 502588090 501(c)3 50000 Youth Learning CapitalPlus Exchange Corporation 8001 Lincoln Ave Ste 201 Skokie IL 600773657 300199985 501(c)3 1676197 Financial Inclusion Carnegie Mellon University 5000 Forbes Ave Pittsburgh PA 15213 250969449 501(c)3 22692711 Youth Learning Connect Humanity 185 Santa Rita Ave Palo Alto CA 94301 871528048 501(c)3 765554 Youth Learning Consultative Group to Assist the Poor MSN P 3-300 The World Bank Group18 Washington DC 20433 999999999 Non-profit 20000000 Financial Inclusion CorpsAfrica 300 Park Avenue 12th Floor New York NY 10022 452470692 501(c)3 12747245 Youth Learning CrossBoundary 1627 I Street NW Suite 810 Washington DC DC 20006 453807303 Other 3641144 Financial Inclusion Emerging Public Leaders 110 Vermont Ave Suite 500 Washington DC DC 20005 815294637 501(c)3 2140119 Youth Learning Generation 1200 19th Street NW Washington DC 20036 471073442 501(c)3 2634555 Youth Learning Global Give Back Circle 400 E 59th Street New York NY 10022 770708340 501(c)3 492946 Youth Learning Grassroots Business Partners Inc 1875 K St NW No 412 Washington DC 20006 262108051 Other 17497123 Financial Inclusion Heifer Project International 1 World Ave Suite 520 Little Rock AR 722022863 351019477 501(c)3 1395576 Financial Inclusion Heifer Project International 1 World Ave Suite 520 Little Rock AR 722022863 351019477 501(c)3 5286427 Youth Learning Inkomoko (formerly African Entrepreneurship Collec PO Box 209 Clinton WA 98236 460743201 501(c)3 28289078 Financial Inclusion International Center for Research on Women 1120 20th St NW Suite 500N Washington DC 20036 999999999 501(c) 3 956024 Youth Learning Johns Hopkins Center for Communication Programs (C 111 Market Place Suite 310 Baltimore MD 21202 520595110 501(c)3 2792219 Youth Learning Johns Hopkins University 3400 N Charles Street Baltimore MD 212182625 520595110 501(c)3 499954 Youth Learning Kepler Inc 1732 1st Ave 21374 New York NY 10128 200934525 501(c)3 1825226 Youth Learning Mathematica Inc 427 N Shaw Lane Rm 308 East Lansing MI 488241035 999999999 Other 1121485 Youth Learning Michael and Henrietta Olupona Foundation 41-42 24th Street Apt 609 Long Island NY 10022 462364042 501(c)3 100000 Youth Learning One Acre Fund 1954 First St 183 Highland Park IL 60035 203668110 501(c)3 3620462 Financial Inclusion QM Quality Matters Inc 1997 Annapolis Exchange Parkway Sui Annapolis MD 21401 465503339 501(c)3 14525 Youth Learning Seed Academy Ghana 520 Heights Road Ridgewood NJ 07450 043367888 509(a)(2) 60000 Youth Learning Shining Hope for Communities Inc 175 Varick St 6th Floo New York NY 10014 271493201 501(c)3 16467639 Financial Inclusion Spence-Chapin 410 EAST 92ND STREET NEW YORK NY 101286881 131834590 501(c)3 124863 Youth Learning Spring Impact 336 Hugo Street San Francisco CA 94122 471876230 501(c)3 99200 Youth Learning St Lawrence University 23 Romoda Drive Canton NY 13617 150532239 501(c)3 50000 Youth Learning TCP Foundation 745 5th Avenue 5th Floor New York NY 10151 833933549 501(c)3 2419223 Financial Inclusion TechnoServe 1120 19Th Street Nw 8 Fl Washington DC 200363605 132626135 501(c)3 4582604 Financial Inclusion The Africa Center 1280 Fifth Avenu New York NY 10029 133137461 501(c)3 125000 Youth Learning The Batonga Foundation 2000 Massachusetts Ave NW Washington DC 20036 205927387 501(c)3 2021316 Financial Inclusion The Mawazo Institute PO Box 965 La Grange IL 60035 371845043 501(c)3 368706 Youth Learning The Resolution Project 1120 Avenue of the Americas 4th Fl New York NY 10036 264394051 501(c)3 648933 Youth Learning The World Bank 1818 H Street NW Washington DC 20433 521186444 501(c)7 3000000 Financial Inclusion Tufts University 62R Talbot Ave Medford MA 021555813 042103634 501(c)3 249993 Youth Learning United Nations Development Programme One United Nations Plaza New York NY 10017 999999999 Other 12781452 Financial Inclusion University of Colorado The Regents of the University of Co of Contracts and Grants 3100 Marin Boulder CO 803090001 846000555 501(c)3 431990 Youth Learning Youth Development Labs Inc 3130 Shattuck Ave Berkeley CA 94705 812339233 501(c)3 737516 Youth Learning 34 10 SCHEDULE I, LINE 2 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. X X X X true true X X X X X true false false false false false false false false REETA ROY PRESIDENT AND CEO 1191057 99917 15523 1306497 Peter Materu Chief Program Officer 624540 125677 9544 759761 Serge Auguste Kouakou Country Director, Senegal 201493 431276 13623 646392 Julie Gichuru Chief Public Affairs and Commu 441000 123359 12623 576982 Tina Muparadzi Chief People & Culture Officer 400000 61434 5811 467245 LINDA OSODO CHIEF PEOPLE & CULTURE OFFICER 180000 11609 13623 205232 OMOTADE AKIN-AINA CHIEF IMPACT AND RESEARCH OFF. 317147 54279 11623 383049 OLUWOLE ONABOLO GENERAL COUNSEL 438900 3659 12623 455182 DOUGLAS KASAMBALA CHIEF FINANCIAL OFFICER 297917 100000 6978 6296 411191 WARIKO WAITA SENIOR DIRECTOR, CORPORATE COM 176024 334907 6815 517746 SHONA BEZANSON DIRECTOR, BUSINESS DEVELOPMENT 167767 242805 16522 427094 ROSY FYNN COUNTRY DIRECTOR, NIGERIA 205851 198510 11623 415984 SAMUEL ADELA COUNTRY DIRECTOR, ETHIOPIA 223031 184098 16023 423152 Hassan El Bouhali Strategic Advisor, Digital Eco 249832 208699 7743 466274 Nathalie Gabala Executive Director, Pan Africa 241385 195493 24686 461564 SCHEDULE J, PART I, LINE 1a - SUPPLEMENTAL INFORMATION First-class or charter travel: Name Type of benefit Taxable compensation All persons listed First-class or charter travel No Travel for companions: Name Type of benefit Taxable compensation Reeta Roy Airfare for companions Yes Peter Materu Airfare for companions Yes Shona Bezanson Airfare for companions Yes Tax indemnification and gross-up payments: Name Type of benefit Taxable compensation Reeta Roy - Housing Allowances, Home Leave Allowance, Tax Preparation Support Yes Peter Materu - Housing Allowances, Home Leave Allowance, Tax Preparation Support Yes Julie Gichuru - Work from Home Allowance Yes Tina Muparadzi - Housing allowance, Work from home allowance Yes Omotade Akin-Aina - Housing allowance, Transport Allowance, Work from Home allowance Yes Douglas Kasambala - Relocation Allowance Yes Wariko Waita - Housing Allowance, Transport Allowance, Relocation Allowance Nathalie Gabala - Housing Allowance, Tax preparation Support, Work from home allowance Yes Shona Bezanson - Housing Allowance, Home Leave Allowance, Dependent tuition, Tax preparation support Yes Serge Auguste Kouakou - Housing Allowance, work from home allowance Hassan El Bouhali - Severance Payment 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 Omotade Akin-Aina Housing allowance Yes Wariko Waita Housing allowance Yes Nathalie Gabala Housing allowance Yes Samuel Adela Housing allowance Yes Shona Bezanson Housing allowance Yes 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. Mastercard Foundation Asset Management 250 YONGE STREET SUITE 2400 Toronto Ontario CA M5B2L7 ASSET MANAGEM CA NONE NONE MASTERCARD F true false false false false false false false false false false false false false false false false false false false