Investments
32Funds
2Partners & Customers
10About Mastercard Foundation
Mastercard Foundation works with visionary organizations to provide greater access to education, skills training, and financial services for people living in poverty, primarily in Africa. Its work is guided by the mission to advance learning and promote financial inclusion in order to alleviate poverty. It was founded in 2012 and is based in Toronto, Ontario.
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Latest Mastercard Foundation News
Jun 1, 2023
Learn Animation For Free with the Del-York Creative Academy Over the years, the Del-York Creative Academy has used the power of creation to rewrite Nigeria’s history by launching young creatives on their artistic adventures. The Youth In Animation & Post-Production Initiative (YAPPI) initiative has now been launched in collaboration with the Mastercard Foundation in order to rewrite Africa’s future by linking young African creatives into a realm of true influence and unlimited chances. We invite and push you to be a part of the creative revolution by painting an incredible montage filled with hope and inspiration and become ignited with the fires of world transformation. Join us as we bridge the gap between Nigerian youth and their creative destinies. The Del-York Creative Academy, like the story-telling legends who have defined Africa for generations, is dedicated to ensuring Nigerians enter the great books of history by empowering and training a new and fearless group of artists to take charge and unleash their creativity around the world. Register now by visiting www.yappi.ng .
Mastercard Foundation Investments
32 Investments
Mastercard Foundation has made 32 investments. Their latest investment was in CorpsAfrica as part of their Grant - IV on March 3, 2023.
Mastercard Foundation Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/28/2023 | Grant - IV | CorpsAfrica | $59.4M | No | 1 | |
12/10/2021 | Grant - III | CorpsAfrica | $17M | Yes | 1 | |
2/26/2020 | Grant | Chalkboard Education | $0.4M | Yes | 1 | |
2/26/2020 | Grant | |||||
2/26/2020 | Grant |
Date | 3/28/2023 | 12/10/2021 | 2/26/2020 | 2/26/2020 | 2/26/2020 |
|---|---|---|---|---|---|
Round | Grant - IV | Grant - III | Grant | Grant | Grant |
Company | CorpsAfrica | CorpsAfrica | Chalkboard Education | ||
Amount | $59.4M | $17M | $0.4M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Mastercard Foundation Fund History
2 Fund Histories
Mastercard Foundation has 2 funds, including Mastercard Foundation Scholars Program.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Mastercard Foundation Scholars Program | $2M | 1 | |||
The Mastercard Foundation Africa Growth Fund |
Closing Date | ||
|---|---|---|
Fund | Mastercard Foundation Scholars Program | The Mastercard Foundation Africa Growth Fund |
Fund Type | ||
Status | ||
Amount | $2M | |
Sources | 1 |
Mastercard Foundation Partners & Customers
10 Partners and customers
Mastercard Foundation has 10 strategic partners and customers. Mastercard Foundation recently partnered with Gebeya on March 3, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
3/7/2023 | Partner | Ethiopia | Gebeya and Mastercard Foundation partner on $48m marketplace program Gebeya and Mastercard Foundation partner on $ 48m marketplace program | 1 | |
2/28/2023 | Partner | Mauritius | Tech training company ALX and Mastercard announce free training for African youths ALX , a leading global provider of training in the tech industry has announced a partnership with Mastercard Foundation , that will see thousands of young Africans benefit from training programmes in various on-demand technology courses . | 2 | |
9/8/2022 | Partner | United States | CMU, Mastercard Foundation partner to drive youth-led digital transformation in Africa Specifically , through this partnership with the Mastercard Foundation , Carnegie Mellon University in Kigali will expand instructional capacity , including introducing a new degree in engineering artificial intelligence , and online learning programs , provide additional financial assistance to more Carnegie Mellon University students | 4 | |
9/8/2022 | Partner | ||||
8/10/2022 | Partner |
Date | 3/7/2023 | 2/28/2023 | 9/8/2022 | 9/8/2022 | 8/10/2022 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Ethiopia | Mauritius | United States | ||
News Snippet | Gebeya and Mastercard Foundation partner on $48m marketplace program Gebeya and Mastercard Foundation partner on $ 48m marketplace program | Tech training company ALX and Mastercard announce free training for African youths ALX , a leading global provider of training in the tech industry has announced a partnership with Mastercard Foundation , that will see thousands of young Africans benefit from training programmes in various on-demand technology courses . | CMU, Mastercard Foundation partner to drive youth-led digital transformation in Africa Specifically , through this partnership with the Mastercard Foundation , Carnegie Mellon University in Kigali will expand instructional capacity , including introducing a new degree in engineering artificial intelligence , and online learning programs , provide additional financial assistance to more Carnegie Mellon University students | ||
Sources | 1 | 2 | 4 |
Mastercard Foundation Team
1 Team Member
Mastercard Foundation has 1 team member, including current Chief Executive Officer, President, Reeta Roy.
Name | Work History | Title | Status |
|---|---|---|---|
Reeta Roy | Chief Executive Officer, President | Current |
Name | Reeta Roy |
|---|---|
Work History | |
Title | Chief Executive Officer, President |
Status | Current |
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