Quick Summary
Name: Mastercard Impact Fund Status: Active Grant Maker
Key Facts
| Metric | Value |
|---|---|
| Annual Giving | $71-73 million |
| Grant Range | $15,000 - $28,000,000+ |
| Average Grant | $1,145,765 |
| Application Method | No Public Process |
Contact Details
- Website: https://www.mastercardcenter.org/about-the-center/mastercard-impact-fund
- Contact Form: https://www.mastercardcenter.org/contact-us
- Location: Purchase, NY
- EIN: 82-4717403
Geographic Focus
Global operations across 104 countries. The fund operates internationally with grants supporting organizations in major cities including New York, London, and Singapore, with a truly global footprint across six continents.
Funding Priorities
- Financial Security & Inclusion: Supporting financial resilience and economic mobility for individuals, workers, and underserved communities
- Impact Data Science: Advancing data science capabilities for social impact, including the Data Science for Social Impact initiative (partnership with Rockefeller Foundation)
- Small Business Support: Improving financial resilience and growth of micro and small businesses, access to capital and digital tools
- Workforce Development: Skills development and workforce training programs
- Diversity & Inclusion: Supporting underrepresented communities in data science and technology, particularly women, ethnic minorities, and HBCUs
- Nonprofit Capacity Building: Building capacity of nonprofits and governments to use data science for equitable outcomes
What They Don't Fund
Information about specific exclusions is not publicly available. The fund operates through strategic partnerships rather than open applications.
Application Method
The Mastercard Impact Fund does not appear to have a public application process. Grant-making is conducted through strategic partnerships and initiatives identified by the Mastercard Center for Inclusive Growth. Organizations interested in partnership opportunities should contact the Center directly through their website.
The fund is administered by the Mastercard Center for Inclusive Growth as an independently-directed 501(c)(3) private foundation, established in 2018.
References
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