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Mastercard Impact Fund is a private corporation based in PURCHASE, NY. The foundation received its IRS ruling in 2018. The principal officer is % Tax Department. It holds total assets of $143.2M. Annual income is reported at $31.3M. The foundation operates in the area of education. According to available records, Mastercard Impact Fund has made 356 grants totaling $337.9M, with a median grant of $419K. The foundation has distributed between $63M and $124M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $124M distributed across 146 grants. Individual grants have ranged from $5K to $17M, with an average award of $949K. The foundation has supported 161 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Washington, which account for 40% of all grants. Grantmaking reaches organizations across 24 states. Contributions to this foundation are tax-deductible.
Mastercard Impact Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 356 grants. Its grantmaking reaches organizations primarily in DC, NY, WA.
Mastercard Impact Fund has distributed a total of $337.9M across 356 grants. The median grant size is $419K, with an average of $949K. Individual grants have ranged from $5K to $17M.
Mastercard Impact Fund typically selects its grantees rather than accepting unsolicited proposals.
Mastercard Impact Fund is headquartered in PURCHASE, NY. While based in NY, the foundation distributes grants to organizations across 24 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dena Devaney | VICE PRESIDENT | $0 | $0 | $0 |
| Alfred Kibe | TREASURER UNTIL JUNE 2022 | $0 | $0 | $0 |
| Michael Froman | DIRECTOR | $0 | $0 | $0 |
| Issidor Illiev | ASSISTANT TREASURER | $0 | $0 | $0 |
| Nicole Lindsay | ASST. TREASURER UNTIL 2/25/22 | $0 | $0 | $0 |
Total Giving
$77.5M
Total Assets
$183.4M
Fair Market Value
$183.4M
Net Worth
$139.9M
Grants Paid
$74.7M
Contributions
$0
Net Investment Income
$9M
Distribution Amount
$8.7M
Total: $0
Total Grants
356
Total Giving
$337.9M
Average Grant
$949K
Median Grant
$419K
Unique Recipients
161
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Eric And Wendy Schmidt Fund For Strategic InnovationDISCRETIONARY | Palo Alto, CA | $2M | 2023 |
| Impact FoundationSMALL BUSINESS | Warsaw | $1000K | 2023 |
| Anti-Defamation LeagueDATA FOR SOCIAL IMPACT | New York, NY | $250K | 2023 |
| Dai Global LlcSMALL BUSINESS - STRIVE | Bethesda, MD | $11M | 2023 |
| Tanya Southerland |
| ASSISTANT SECRETARY |
| $0 |
| $0 |
| $0 |
| Janet Mcginness | SECRETARY UNTIL 5/13/22 | $0 | $0 | $0 |
| Latoya Murphy | ASSISTANT TREASURER | $0 | $0 | $0 |
| Walter Macnee | DIRECTOR | $0 | $0 | $0 |
| Shamina Singh | DIRECTOR, PRESIDENT | $0 | $0 | $0 |
| Sandra Arkell | VICE PRESIDENT | $0 | $0 | $0 |
| Martina Hund-Mejean | DIRECTOR, CHAIR | $0 | $0 | $0 |
| Millie Chun | VICE PRESIDENT | $0 | $0 | $0 |
| Caribou Digital (Uk) LtdSMALL BUSINESS - STRIVE |
| Farnham |
| $8.7M |
| 2023 |
| The Aspen InstituteOTHER STRATEGIC | Washington, DC | $5.4M | 2023 |
| Your CauseEMPLOYEE MATCH | Plano, TX | $4.1M | 2023 |
| New Venture FundDATA FOR SOCIAL IMPACT | Washington, DC | $3.6M | 2023 |
| Cooperative For Assistance And Relief Everywhere Inc (Care)SMALL BUSINESS - STRIVE | Atlanta, GA | $3.5M | 2023 |
| The Earthshot PrizeFINANCIAL SECURITY / CLIMATE RESILIENCE | London | $2.5M | 2023 |
| Accion InternationalSMALL BUSINESS | Washington, DC | $2.3M | 2023 |
| Black Economic Alliance FoundationSMALL BUSINESS | Washington, DC | $2.2M | 2023 |
| Auc Consortium IncDATA FOR SOCIAL IMPACT | Atlanta, GA | $2.2M | 2023 |
| Datakind IncDATA FOR SOCIAL IMPACT | Brooklyn, NY | $1.6M | 2023 |
| American Online Giving FoundationEMPLOYEE MATCH | Newark, DE | $1.4M | 2023 |
| Community Reinvestment Fund IncSMALL BUSINESS | Minneapolis, MN | $1.4M | 2023 |
| Founders4school (Digital Boost)SMALL BUSINESS - STRIVE | London | $1.2M | 2023 |
| Yayasan Mercy Corps Indonesia (Ymci)SMALL BUSINESS - STRIVE | Dki Jagakar | $1.2M | 2023 |
| Philanthropy Asia Alliance LtdDATA FOR SOCIAL IMPACT | Singapore | $1M | 2023 |
| Weill Cornell Medical CollegeDISCRETIONARY | New York, NY | $1M | 2023 |
| National Urban League IncSMALL BUSINESS | New York, NY | $1M | 2023 |
| Frontier Innovations FoundationSMALL BUSINESS - STRIVE | New York, NY | $953K | 2023 |
| Cyberpeace InstituteDATA FOR SOCIAL IMPACT | Geneva | $750K | 2023 |
| Partnership For Central AmericaFINANCIAL SECURITY | Washington, DC | $750K | 2023 |
| The Urban InstituteFUTURE OF WORKERS | Washington, DC | $656K | 2023 |
| The Asia FoundationSMALL BUSINESS - STRIVE | San Franciso, CA | $650K | 2023 |
| Business For Social ResponsibilityFINANCIAL SECURITY | New York, NY | $609K | 2023 |
| Enterprise NationSMALL BUSINESS - STRIVE | London | $606K | 2023 |
| BruegelFUTURE OF WORKERS | Brussels | $504K | 2023 |
| Capital Impact PartnersSMALL BUSINESS | Arlington, VA | $500K | 2023 |
| America AchievesSMALL BUSINESS | New York, NY | $500K | 2023 |
| The Governing Council Of The University Of TorontoOTHER STRATEGIC | Toronto | $496K | 2023 |
| Urban Impact IncSMALL BUSINESS | Birmingham, AL | $485K | 2023 |
| Canada HelpsDATA FOR SOCIAL IMPACT | Toronro | $458K | 2023 |
| Washington UniversityOTHER STRATEGIC | St Louis, MO | $403K | 2023 |
| Save The Children RomaniaDISCRETIONARY | Bucuresti | $350K | 2023 |
| St Louis Community Foundation IncSMALL BUSINESS | St Louis, MO | $334K | 2023 |
| Project EveryoneOTHER STRATEGIC | London | $325K | 2023 |
| Russell Center For Innovation And EntrepreneurshipSMALL BUSINESS | Atlanta, GA | $320K | 2023 |
| Confederation Of India IndustrySMALL BUSINESS - STRIVE | New Delhi | $303K | 2023 |
| Consumers International (Gbp)DATA FOR SOCIAL IMPACT | London | $299K | 2023 |
| American Red CrossDISASTER RELIEF | New York, NY | $285K | 2023 |
| Bankable Frontier Associates LlcFINANCIAL SECURITY / CLIMATE RESILIENCE | Cambridge, MA | $268K | 2023 |
| The Entertainment Industry FoundationDISCRETIONARY | Los Angeles, CA | $250K | 2023 |
| Cnote Group IncSMALL BUSINESS | Oakland, CA | $250K | 2023 |
| Mann Deshi Foundation MhaswadSMALL BUSINESS - STRIVE | Mhaswad | $222K | 2023 |
| Birmingham Business Resource CenterSMALL BUSINESS | Biringham, AL | $219K | 2023 |
| Smithsonian InstitutionDISCRETIONARY | Washington, DC | $200K | 2023 |
| World Food Program UsaDISASTER RELIEF | Washington, DC | $200K | 2023 |
| Instituto Technologico Y De Estudio Superiores De MonterreyOTHER STRATEGIC | Nuevo Leon | $200K | 2023 |
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