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Mastercard Impact Fund

Invitation Only

Purchase, New York · EIN 82-4717403 · Private foundation · Website

Grants paid (2024)$62.1M
Organizations funded52
Typical grant$350,000
Total assets$143.2M

Half of its grants to organizations were between $167,000 and $1,000,000.

From the return

How to apply

On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.

What it funds

Share of grant lines on the latest return, classified from the purpose each grant states.

  • Community Development24
  • Education5
  • Children & Youth2
  • Environment1
  • Health1
  • Human Services1

Where it gives

73% of grants went outside New York.

Grants paid in tax year 2024

RecipientLocationPurposeAmount
Dai Global LLCBethesda, MDSmall business$17,689,631
American Online Giving Foundation IncNewark, DEEmployee giving match$4,663,378
Cooperative for Assistance and Relief Everywhere Inc (Care)Atlanta, GASmall business$4,126,037
The Aspen InstituteWashington, DCOther strategic$3,545,929
Caribou Digital (Uk) LtdFarnham, UKSmall business$3,500,000
New Venture FundWashington, DCData for social impact$3,445,487
Accion InternationalWashington, DCSmall business$2,817,490
Auc ConsortiumAtlanta, GAData for social impact$2,159,600
Fundacion Capital FundakPanama City, PMSmall business$1,897,653
Caribou Digital (Uk) Ltd (Eur)Farnham, UKSmall business$1,702,807
The Earthshot PrizeLondon, UKFinancial security$1,244,700
The Howard UniversityWashington, DCData for social impact$1,066,000
Business for Social ResponsibilityNew York, NYFinancial security$1,000,000
National Urban League IncNew York, NYSmall business$1,000,000
The Governing Council of the University of TorontoToronto, CAOther strategic$1,000,000
Weill Cornell Medical CollegeNew York, NYOther strategic$1,000,000
Bankable Frontier Associates LLCCambridge, MASmall business$850,000
The Uk Online Giving FoundationLondon, UKEmployee giving match$717,690
Community Reinvestment Fund IncMinneapolis, MNSmall business$650,000
Yayasan Mercy Corps Indonesia (Ymci)Dki Jakarta, INSmall business$609,637
American Red CrossNew York, NYDisaster relief$500,000
Capital Impact PartnersArlington, VASmall business$500,000
Cyberpeace InstituteGeneva, SZData for social impact$500,000
The Productivity Group (Be the Business)London, UKSmall business$425,000
Washington UniversitySt Louis, MOData for social impact$403,196
The Asia FoundationSan Francisco, CASmall business$400,000
United Way WorldwideAlexandria, VAOther strategic$350,000
Russell Center for Innovation and EntrepreneurshipAtlanta, GASmall business$320,000
Frontier Innovations FoundationNew York, NYSmall business$317,597
Elton John AIDS Foundation IncNew York, NYDiscretionary$300,000
Consumers International (Gbp)London, UKData for social impact$298,657
Columbia UniversityNew York, NYData for social impact$250,000
Equality NowNew York, NYData for social impact$250,000
The Rector and Visitors of the University of VirginiaCharlottesville, VAData for social impact$250,000
Urban Impact IncBirmingham, ALSmall business$250,000
World Data LabVienna, AUData for social impact$225,000
Haqdarshak Empowerment Solutions Private LimitedBengaluru, INSmall business$217,845
Centre for Public ImpactWashington, DCData for social impact$200,000
Smithsonian InstitutionWashington, DCDiscretionary$200,000
St Louis Community Foundation IncSt Louis, MOSmall business$167,000
The University of ChicagoChicago, ILData for social impact$150,000
Imagine CanadaToronto, CASmall business$148,148
Social Impact FundLos Angeles, CASmall business$125,000
Nola Business AllianceNew Orleans, LASmall business$112,500
International Scholarship and Tuition Services IncNashville, TNEmployee dependent scholarship program - mastercard impact fund (the "fund") maintains a "mastercard dependent scholarship program"…$107,600
Atlantic CouncilWashington, DCFinancial security$100,000
Christensen Global StrategiesKetchum, IDSmall business$75,000
Free Spirit Media NFPChicago, ILSmall business$75,000
Bill Hillary & Chelsea Clinton FoundationNew York, NYOther strategic$50,000
Datakind IncBrooklyn, NYData for social impact$50,000
Access Development ServicesNew Delhi, INSmall business$45,000
Center for Strategic and International StudiesWashington, DCData for social impact$25,000

Grants approved for future payment

RecipientLocationPurposeAmount
Dai Global LLCBethesda, MDSmall business$15,000,000
New Venture FundWashington, DCData for social impact$4,904,513
The Rector and Visitors of the University of VirginiaCharlottesville, VAData for social impact$1,750,000
Fundacion Capital FundakPanama City, Small business$1,109,615
Imagine CanadaToronto, Small business$148,148
Social Impact FundLos Angeles, CASmall business$125,000
The University of ChicagoChicago, ILData for social impact$100,000
Haqdarshak Empowerment Solutions Private LimitedBengaluru, Small business$93,362

Giving by year

Tax yearGrants paidGrant lines
2024$62,073,58260
2023$73,328,94981
2021$77,531,72577

Sources

Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.