MASTERCARD IMPACT FUND: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MASTERCARD IMPACT FUND (EIN 82-4717403)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202503219349103960
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T12:19:29-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132781641 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & TITUS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 PINE STREET 32ND FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 824717403 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASTERCARD IMPACT FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MAST | BusinessNameControlTxt |
| Phone | 9142492000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 PURCHASE STREET | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105772405 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MILLIE CHUN | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 9142492162 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | QIAN ZHANG | PreparerPersonNm |
| PTIN | P01306575 | PTIN |
| Phone | 2127094500 | PhoneNum |
| Preparation | 2025-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $143,230,488 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $25,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $6,321,948 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,321,948 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,115 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $10,115 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $31,332,063 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,332,063 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,546 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $13,497 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $122,525 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $121,174 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,100,546 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $3,775,567 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $101,525 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $1,500 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $370,908 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $263,190 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,963,240 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,911,738 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $56,526,131 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,073,582 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $61,489,371 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $65,985,320 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$30,157,308 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,332,063 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $100,000 | CashBOYAmt |
| Cash EOY | $100,000 | CashEOYAmt |
| Cash EOYFMV | $100,000 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $141,185,268 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $105,560,365 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $105,560,365 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $705,068 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $176,736 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $176,736 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $10,115,628 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,409,095 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,409,095 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $31,251,256 | OtherAssetsBOYAmt |
| Other Assets EOY | $26,984,292 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $26,984,292 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $183,357,220 | TotalAssetsBOYAmt |
| Total Assets EOY | $143,230,488 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $143,230,488 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $170,645 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $241,458 | AccountsPayableEOYAmt |
| Grants Payable BOY | $43,260,228 | GrantsPayableBOYAmt |
| Grants Payable EOY | $33,229,168 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $43,430,873 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,470,626 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $139,926,347 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $109,759,862 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $139,926,347 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $109,759,862 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $183,357,220 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $143,230,488 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $139,926,347 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$30,157,308 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $109,769,039 | SubtotalAmt |
| Other Decreases | $9,177 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $109,759,862 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $88,016 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $88,016 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $88,016 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $112,429 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $74,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $186,429 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $98,413 | OverpaymentAmt |
| Applied To ES Tax | $98,413 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MASTERCARDCENTER.ORG/ABOUT-THE-CENTER/MASTERC | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022932200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1250 H STREET NW SUITE 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARTINA HUND-MEJEAN | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | DIRECTOR, CHAIR | 1.00 | $0 | $0 | $0 |
| WALTER MACNEE | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JON HUNTSMAN | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| SHAMINA SINGH | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | DIRECTOR, PRESIDENT | 10.00 | $0 | $0 | $0 |
| TIM MURPHY | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SANDRA ARKELL | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | VICE PRESIDENT | 0.23 | $0 | $0 | $0 |
| MILLIE CHUN | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| DENA DEVANEY | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| TANYA SOUTHERLAND | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | ASSISTANT SECRETARY | 20.00 | $0 | $0 | $0 |
| KRISTIN HAYNES | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | ASSISTANT TREASURER | 25.00 | $0 | $0 | $0 |
| VIVIAN ZHOU | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | TREASURER | 0.15 | $0 | $0 | $0 |
| INDRANEEL GANGULY | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| LATOYA MURPHY | ||||||||
| 2000 PURCHASE STREET | PURCHASE | NY | 10577 | ASSISTANT TREASURER | 20.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DEVEX | |||||
| 1701 RHODE ISLAND AVE NW | WASHINGTON | DC | 20036 | EVENT SERVICES | $1,347,366 |
| MISSION MEASUREMENT | |||||
| 200 N LASALLE ST SUITE 2650 | CHICAGO | IL | 60601 | MEASUREMENT AND EVALUATION SERVICES | $602,083 |
| ERNST & YOUNG U S LLP | |||||
| 200 PLAZA DRIVE | SECAUCUS | NJ | 07094 | GRANT ADMINISTRATION | $467,450 |
| CWT US LLC | |||||
| PO BOX 860044 | MINNEAPOLIS | MN | 554860044 | TRAVEL SERVICES | $204,750 |
| WRECKING BALL MEDIA GROUP | |||||
| 2890 STATE ROAD SUITE 106 | FORT LAUDERDALE | FL | 33312 | WEB SERVICES | $189,013 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 6 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CNOTES - STARTING FROM 2022, THE FUND TRANSFERRED FUNDS TO A DEPOSITORY ACCOUNT THAT IN TURN INVESTS IN CERTIFICATES OF DEPOSIT AND OTHER INTEREST-BEARING DEPOSITS AND MONEY MARKET FUNDS AT APPROVED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS AND LOW-INCOME-DESIGNATED CREDIT UNIONS. | Description1Txt |
| Expenses1 | $10,409,095 | Expenses1Amt |
| Total | $10,409,095 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $116,068,558 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $116,068,558 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $116,068,558 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,741,028 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $114,327,530 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,716,377 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,716,377 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $88,016 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $88,016 | TotalTaxAmt |
| Distributable Before Adj | $5,628,361 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,628,361 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,628,361 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $65,985,320 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $10,409,095 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $76,394,415 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,628,361 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $19,253,392 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $54,196,431 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $68,163,672 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $53,528,516 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $74,480,669 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $269,622,680 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $76,394,415 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,628,361 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $70,766,054 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $340,388,734 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $19,253,392 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $321,135,342 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $54,196,431 | ExcessFromYear4Amt |
| Excess From Year3 | $68,163,672 | ExcessFromYear3Amt |
| Excess From Year2 | $53,528,516 | ExcessFromYear2Amt |
| Excess From Year1 | $74,480,669 | ExcessFromYear1Amt |
| Excess From Current Year | $70,766,054 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SHAMINA SINGH | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 PURCHASE STREET | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9142492000 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line2RecipientForeignAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACCESS DEVELOPMENT SERVICES | |||||||||||||
| 22 GROUND FLOOR HAUZ KHAS VILLAGE | NEW DELHI | IN | 110016 | NC | SMALL BUSINESS | $45,000 | |||||||
| ACCION INTERNATIONAL | |||||||||||||
| PC | SMALL BUSINESS | $2,817,490 | 1101 15TH ST NW SUITE 400 | WASHINGTON | DC | 20005 | |||||||
| AMERICAN ONLINE GIVING FOUNDATION INC | |||||||||||||
| PC | EMPLOYEE GIVING MATCH | $4,663,378 | 40 EAST MAIN STREET SUITE 887 | NEWARK | DE | 19711 | |||||||
| AMERICAN RED CROSS | |||||||||||||
| PC | DISASTER RELIEF | $500,000 | 520 WEST 49TH STREET | NEW YORK | NY | 10019 | |||||||
| ATLANTIC COUNCIL | |||||||||||||
| PC | FINANCIAL SECURITY | $100,000 | 1030 15TH ST NW | WASHINGTON | DC | 20005 | |||||||
| AUC CONSORTIUM | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $2,159,600 | 660 ATLANTA STUDENT MOVEMENT BLVD | ATLANTA | GA | 30314 | |||||||
| BANKABLE FRONTIER ASSOCIATES LLC | |||||||||||||
| NC | SMALL BUSINESS | $850,000 | 625 MASSACHUSETTS AVENUE FLOOR 2 | CAMBRIDGE | MA | 02139 | |||||||
| BILL HILLARY & CHELSEA CLINTON FOUNDATION | |||||||||||||
| PC | OTHER STRATEGIC | $50,000 | 1633 BROADWAY | NEW YORK | NY | 10019 | |||||||
| BUSINESS FOR SOCIAL RESPONSIBILITY | |||||||||||||
| PC | FINANCIAL SECURITY | $1,000,000 | 5 UNION SQUARE WEST SUITE 6 | NEW YORK | NY | 10003 | |||||||
| CAPITAL IMPACT PARTNERS | |||||||||||||
| PC | SMALL BUSINESS | $500,000 | 1400 CRYSTAL DRIVE SUITE 500 | ARLINGTON | VA | 22202 | |||||||
| CARIBOU DIGITAL (UK) LTD | |||||||||||||
| 56 ECHO BARN LANE | FARNHAM | UK | GU104NF | NC | SMALL BUSINESS | $3,500,000 | SURREY | ||||||
| CARIBOU DIGITAL (UK) LTD (EUR) | |||||||||||||
| 56 ECHO BARN LANE | FARNHAM | UK | GU104NF | NC | SMALL BUSINESS | $1,702,807 | SURREY | ||||||
| CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $25,000 | 1616 RHODE ISLAND AVE NW | WASHINGTON | DC | 20036 | |||||||
| CENTRE FOR PUBLIC IMPACT | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $200,000 | 655 15TH ST NW SUITE 800 | WASHINGTON | DC | 20005 | |||||||
| CHRISTENSEN GLOBAL STRATEGIES | |||||||||||||
| NC | SMALL BUSINESS | $75,000 | 400 1ST AVE N SUITE 330 | KETCHUM | ID | 83353 | |||||||
| COLUMBIA UNIVERSITY | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $250,000 | 615 WEST 131ST STREET 6TH FLOOR | NEW YORK | NY | 10027 | |||||||
| COMMUNITY REINVESTMENT FUND INC | |||||||||||||
| PC | SMALL BUSINESS | $650,000 | 801 NICOLLET MALL STE 1700W | MINNEAPOLIS | MN | 554022532 | |||||||
| CONSUMERS INTERNATIONAL (GBP) | |||||||||||||
| 70 WHITE LION STREET | LONDON | UK | N1 9PP | NC | DATA FOR SOCIAL IMPACT | $298,657 | |||||||
| COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC (CARE) | |||||||||||||
| PC | SMALL BUSINESS | $4,126,037 | 151 ELLIS STREET NE | ATLANTA | GA | 30303 | |||||||
| CYBERPEACE INSTITUTE | |||||||||||||
| ROUTE DE CHENE 30A | GENEVA | SZ | 1208 | NC | DATA FOR SOCIAL IMPACT | $500,000 | |||||||
| DAI GLOBAL LLC | |||||||||||||
| NC | SMALL BUSINESS | $17,689,631 | 7600 WISCONSIN AVENUE | BETHESDA | MD | 20814 | |||||||
| DATAKIND INC | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $50,000 | 195 MONTAGUE STREET 14TH FLOOR | BROOKLYN | NY | 11201 | SUITE 1222 | ||||||
| ELTON JOHN AIDS FOUNDATION INC | |||||||||||||
| PC | DISCRETIONARY | $300,000 | 584 BROADWAY SUITE 1006 | NEW YORK | NY | 10012 | |||||||
| EQUALITY NOW | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $250,000 | PO BOX 7160 CHURCH STREET STATION | NEW YORK | NY | 10008 | |||||||
| FREE SPIRIT MEDIA NFP | |||||||||||||
| PC | SMALL BUSINESS | $75,000 | 5100 WEST HARRISON STREET | CHICAGO | IL | 60644 | |||||||
| FRONTIER INNOVATIONS FOUNDATION | |||||||||||||
| PC | SMALL BUSINESS | $317,597 | 48 W 48TH ST SUITE 1301 | NEW YORK | NY | 10036 | |||||||
| FUNDACION CAPITAL FUNDAK | |||||||||||||
| PASEO ROBERTO MOTTA CAPITAL PLAZA | PANAMA CITY | PM | 824 | NC | SMALL BUSINESS | $1,897,653 | PISO 15 | ||||||
| IMAGINE CANADA | |||||||||||||
| 2 ST CLAIR AVENUE EAST SUITE 300 | TORONTO | CA | M4T 2T5 | NC | SMALL BUSINESS | $148,148 | ONTARIO | ||||||
| INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES INC | |||||||||||||
| NC | EMPLOYEE DEPENDENT SCHOLARSHIP PROGRAM - MASTERCARD IMPACT FUND (THE "FUND") MAINTAINS A "MASTERCARD DEPENDENT SCHOLARSHIP PROGRAM" (PRE-APPROVED BY IRS). UNDER THIS PROGRAM, THE FUND WILL ANNUALLY AWARD UP TO TWENTY (20) ONE-TIME SCHOLARSHIPS OF $5,000 TO DEPENDENT CHILDREN OF QUALIFIED EMPLOYEES OF MASTERCARD INCORPORATED AND ITS SUBSIDIARIES FOR THE 2023-2024 SCHOOL YEAR. DURING THE YEAR ENDED DECEMBER 31, 2024, 20 INDIVIDUALS WERE AWARDED SCHOLARSHIPS UNDER THIS PROGRAM. | $107,600 | 40 BURTON HILLS BOULEVARD SUITE 170 | NASHVILLE | TN | 37215 | |||||||
| NATIONAL URBAN LEAGUE INC | |||||||||||||
| PC | SMALL BUSINESS | $1,000,000 | 80 PINE STREET 9TH FLOOR | NEW YORK | NY | 100053904 | |||||||
| NEW VENTURE FUND | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $3,445,487 | 1828 L STREET NW SUITE 300 A | WASHINGTON | DC | 20036 | |||||||
| NOLA BUSINESS ALLIANCE | |||||||||||||
| PC | SMALL BUSINESS | $112,500 | 1250 POYDRAS STREET SUITE 2150 | NEW ORLEANS | LA | 70113 | |||||||
| RUSSELL CENTER FOR INNOVATION AND ENTREPRENEURSHIP | |||||||||||||
| PC | SMALL BUSINESS | $320,000 | 504 FAIR STREET SW | ATLANTA | GA | 30313 | |||||||
| SMITHSONIAN INSTITUTION | |||||||||||||
| PC | DISCRETIONARY | $200,000 | 1400 CONSTITUTION AVENUE NW | WASHINGTON | DC | 20017 | |||||||
| SOCIAL IMPACT FUND | |||||||||||||
| PC | SMALL BUSINESS | $125,000 | 750 WEST 7TH STREET PO BOX 811026 | LOS ANGELES | CA | 90081 | |||||||
| ST LOUIS COMMUNITY FOUNDATION INC | |||||||||||||
| PC | SMALL BUSINESS | $167,000 | 2 OAK KNOLL PARK | ST LOUIS | MO | 63105 | |||||||
| THE ASIA FOUNDATION | |||||||||||||
| PC | SMALL BUSINESS | $400,000 | 465 CALIFORNIA STREET 9TH FLOOR | SAN FRANCISCO | CA | 941041822 | |||||||
| THE ASPEN INSTITUTE | |||||||||||||
| PC | OTHER STRATEGIC | $3,545,929 | 2300 N ST NW 700 | WASHINGTON | DC | 20037 | |||||||
| THE EARTHSHOT PRIZE | |||||||||||||
| KENSINGTON PALACE KENSINGTON | LONDON | UK | W8 4PX | NC | FINANCIAL SECURITY | $1,244,700 | GARDENS | ||||||
| THE GOVERNING COUNCIL OF THE UNIVERSITY OF TORONTO | |||||||||||||
| 27 KINGS COLLEGE CIRCLE | TORONTO | CA | M5S 1A1 | NC | OTHER STRATEGIC | $1,000,000 | |||||||
| THE HOWARD UNIVERSITY | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $1,066,000 | OFFICE OF THE PROVOST 2600 6TH | WASHINGTON | DC | 20059 | STREET NW | ||||||
| THE PRODUCTIVITY GROUP (BE THE BUSINESS) | |||||||||||||
| 26-28 GLASSHOUSE YARD 5TH FLOOR | LONDON | UK | EC1A 4JU | NC | SMALL BUSINESS | $425,000 | GREATER LONDON | ||||||
| THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $250,000 | 1001 N EMMET ST | CHARLOTTESVILLE | VA | 22903 | |||||||
| THE UNIVERSITY OF CHICAGO | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $150,000 | 5801 SOUTH ELLIS AVENUE | CHICAGO | IL | 60637 | |||||||
| UNITED WAY WORLDWIDE | |||||||||||||
| PC | OTHER STRATEGIC | $350,000 | 701 NORTH FAIRFAX STREET | ALEXANDRIA | VA | 22314 | |||||||
| URBAN IMPACT INC | |||||||||||||
| PC | SMALL BUSINESS | $250,000 | 1721 4TH AVENUE NORTH SUITE 102 | BIRMINGHAM | AL | 35203 | |||||||
| WASHINGTON UNIVERSITY | |||||||||||||
| PC | DATA FOR SOCIAL IMPACT | $403,196 | ONE BROOKINGS DRIVE CAMPUS BOX 1228 | ST LOUIS | MO | 631304899 | |||||||
| WEILL CORNELL MEDICAL COLLEGE | |||||||||||||
| PC | OTHER STRATEGIC | $1,000,000 | 1300 YORK AVENUE BOX 314 | NEW YORK | NY | 10065 | |||||||
| WORLD DATA LAB | |||||||||||||
| UNTERE DONAUSTRASSE 11 3RD FLOOR | VIENNA | AU | 1020 | NC | DATA FOR SOCIAL IMPACT | $225,000 | 1020 | ||||||
| YAYASAN MERCY CORPS INDONESIA (YMCI) | |||||||||||||
| GEDUNG TRIHAMAS JL TB SIMATUPANG | DKI JAKARTA | IN | 12530 | NC | SMALL BUSINESS | $609,637 | JAKARTA RAYA | KAV11 1ST FLOOR TANJUNG BARAT JAGAK | |||||
| THE UK ONLINE GIVING FOUNDATION | |||||||||||||
| 4 MORE LONDON RIVERSIDE | LONDON | UK | SE12AU | NC | EMPLOYEE GIVING MATCH | $717,690 | |||||||
| HAQDARSHAK EMPOWERMENT SOLUTIONS PRIVATE LIMITED | |||||||||||||
| 149 12TH CROSS ROAD 2ND PHASE JP | BENGALURU | IN | 560078 | NC | SMALL BUSINESS | $217,845 | NAGAR | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,073,582 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DAI GLOBAL LLC | |||||||||||
| 7600 WISCONSIN AVENUE | BETHESDA | MD | 20814 | NC | SMALL BUSINESS | $15,000,000 | |||||
| FUNDACION CAPITAL FUNDAK | |||||||||||
| NC | SMALL BUSINESS | $1,109,615 | PASEO ROBERTO MOTTA CAPITAL PLAZA | PISO 15 | PANAMA CITY | PM | 824 | ||||
| HAQDARSHAK EMPOWERMENT SOLUTIONS PRIVATE LIMITED | |||||||||||
| NC | SMALL BUSINESS | $93,362 | 149 12TH CROSS ROAD 2ND PHASE JP | NAGAR | BENGALURU | IN | 560078 | ||||
| IMAGINE CANADA | |||||||||||
| NC | SMALL BUSINESS | $148,148 | 2 ST CLAIR AVENUE EAST SUITE 300 | TORONTO | CA | M4T 2T5 | |||||
| NEW VENTURE FUND | |||||||||||
| 1828 L STREET NW SUITE 300 A | WASHINGTON | DC | 20036 | PC | DATA FOR SOCIAL IMPACT | $4,904,513 | |||||
| SOCIAL IMPACT FUND | |||||||||||
| 750 WEST 7TH STREET PO BOX 811026 | LOS ANGELES | CA | 90081 | PC | SMALL BUSINESS | $125,000 | |||||
| THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA | |||||||||||
| 1001 N EMMET ST | CHARLOTTESVILLE | VA | 22903 | PC | DATA FOR SOCIAL IMPACT | $1,750,000 | |||||
| THE UNIVERSITY OF CHICAGO | |||||||||||
| 5801 SOUTH ELLIS AVENUE | CHICAGO | IL | 60637 | PC | DATA FOR SOCIAL IMPACT | $100,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $23,230,638 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,321,948 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $10,115 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,332,063 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,332,063 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASTERCARD INTERNATIONAL INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 PURCHASE STREET | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $25,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND AUDIT FEES | CategoryTxt |
| Amt | $122,525 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $121,174 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (15 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt | Address Line2ForeignAddress/AddressLine2Txt | Province Or StateForeignAddress/ProvinceOrStateNm | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CYBERPEACE INSTITUTE | ||||||||||||||||
| ROUTE DE CHENE 30A | GENEVA | SZ | 1208 | 2024-04-04 | $500,000 | DATA FOR SOCIAL IMPACT | $500,000 | 4/30/2025 | 2025-05-22 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | ||||||
| FUNDACION CAPITAL FUNDAK | ||||||||||||||||
| PASEO ROBERTO MOTTA CAPITAL PLAZA | PANAMA CITY | PM | 824 | 2024-05-01 | $2,140,000 | SMALL BUSINESS | $905,481 | 3/31/2025 | 2025-04-30 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN APRIL 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | PISO 15 | |||||
| HAQDARSHAK EMPOWERMENT SOLUTIONS PRIVATE LIMITED | ||||||||||||||||
| 149 12TH CROSS ROAD 2ND PHASE JP | BENGALURU | IN | 560078 | 2024-07-01 | $311,207 | SMALL BUSINESS | $112,035 | 1/31/2025 | 2025-02-28 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN FEBRUARY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | NAGAR | KARNATAKA | ||||
| IMAGINE CANADA | ||||||||||||||||
| 2 ST CLAIR AVENUE EAST SUITE 300 | TORONTO | CA | M4T 2T5 | 2024-10-17 | $296,296 | SMALL BUSINESS | $29,434 | 1/31/2025 | 2025-02-28 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN FEBRUARY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | ONTARIO | |||||
| WORLD DATA LAB | ||||||||||||||||
| UNTERE DONAUSTRASSE 11 3RD FLOOR | VIENNA | AU | 1020 | 2024-03-13 | $225,000 | DATA FOR SOCIAL IMPACT | $225,000 | 4/25/2025 | 2025-05-30 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | 1020 | |||||
| DAI GLOBAL LLC | ||||||||||||||||
| 2024-01-01 | $30,000,000 | SMALL BUSINESS | $9,642,500 | 01/31/2025 | 2025-03-01 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN MARCH 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | 7600 WISCONSIN AVENUE | BETHESDA | MD | 20814 | ||||||
| ACCESS DEVELOPMENT SERVICES | ||||||||||||||||
| 22 GROUND FLOOR HAUZ KHAS VILLAGE | NEW DELHI | IN | 110016 | 2022-09-01 | $531,150 | SMALL BUSINESS | $45,000 | 7/31/2025 | 2025-09-08 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN MARCH 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | ||||||
| BANKABLE FRONTIER ASSOCIATES LLC | ||||||||||||||||
| 2022-11-07 | $1,700,000 | SMALL BUSINESS | $850,000 | 12/15/2024 | 2025-03-12 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN MARCH 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | 625 MASSACHUSETTS AVENUE FLOOR 2 | CAMBRIDGE | MA | 02139 | ||||||
| CARIBOU DIGITAL (UK) LTD | ||||||||||||||||
| 56 ECHO BARN LANE | FARNHAM | UK | GU104NF | 2023-10-05 | $7,848,188 | SMALL BUSINESS | $3,500,000 | 10/31/2024 | 2025-02-07 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN MARCH 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | SURREY | |||||
| CHRISTENSEN GLOBAL STRATEGIES | ||||||||||||||||
| 2023-11-29 | $150,000 | SMALL BUSINESS | $75,000 | 5/30/2024 | 2024-06-04 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED AN INTERIM REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE INTERIM REPORT IN MARCH 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | 400 1ST AVE N | KETCHUM | ID | 83353 | ||||||
| CONSUMERS INTERNATIONAL (GBP) | ||||||||||||||||
| 70 WHITE LION STREET | LONDON | UK | N1 9PP | 2023-12-01 | $753,724 | RESEARCH | $298,657 | 7/31/2024 | 2025-05-05 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | ||||||
| THE EARTHSHOT PRIZE | ||||||||||||||||
| KENSINGTON PALACE KENSINGTON | LONDON | UK | W8 4PX | 2022-12-20 | $3,716,200 | FINANCIAL SECURITY | $1,244,700 | 10/31/2024 | 2024-11-11 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | GARDENS | |||||
| THE GOVERNING COUNCIL OF THE UNIVERSITY OF TORONTO | ||||||||||||||||
| 1 DEVONSHIRE STREET | TORONTO | CA | M5S 3K7 | 2023-08-01 | $2,000,000 | RESEARCH | $1,000,000 | 7/31/2024 | 2024-08-21 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | ONTARIO | |||||
| THE PRODUCTIVITY GROUP (BE THE BUSINESS) | ||||||||||||||||
| 26-28 GLASSHOUSE YARD 5TH FLOOR | LONDON | UK | EC1A 4JU | 2021-10-22 | $2,000,000 | SMALL BUSINESS | $425,000 | 10/31/2024 | 2024-11-11 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | GREATER LONDON | |||||
| YAYASAN MERCY CORPS INDONESIA (YMCI) | ||||||||||||||||
| GEDUNG TRIHAMAS JL TB SIMATUPANG | DKI JAKARTA | ID | 12530 | 2023-04-03 | $3,500,000 | SMALL BUSINESS | $609,637 | 10/31/2024 | 2024-11-11 | THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARD TO THIS GRANT AND HAS RECEIVED A FINAL REPORT FROM THE GRANTEE. THE FOUNDATION REVIEWED THE FINAL REPORT IN MAY 2025 AND DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEES REPORTS AS THERE WAS NOT ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY. | KAV11 1ST FL TANJUNG BARAT JAGAKAR | JAKARTA | ||||
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PROG RELATED INVESTMENTS-CDFI & LOW-INCOME DESIGNATED CREDIT UNIONS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $10,409,095 | BookValueAmt |
| EOYFMV | $10,409,095 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEE | CategoryTxt |
| Legal Fees | $4,546 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $13,497 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVANCES ON CONDITIONAL GRANT AWARDS | Desc |
| BOY Book Value | $31,251,256 | BOYBookValueAmt |
| EOY Book Value | $26,984,292 | EOYBookValueAmt |
| EOYFMV | $26,984,292 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSSES | Desc |
| Amt | $9,177 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK & MERCHANT FEES | $23,738 | $0 | $0 | $0 |
| DUES & SUBSCRIPTIONS | $239,452 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REALIZED FOREIGN EXCHANGE GAIN | Desc |
| Revenue And Expenses Per Books | $10,115 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $10,115 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | $1,011,627 | $0 | $0 | $1,230,496 |
| MEASUREMENT & EVALUATION | $714,750 | $0 | $0 | $668,083 |
| GRANT ADMINISTRATION | $291,618 | $0 | $0 | $470,712 |
| EVENTS RELATED SERVICES | $2,082,551 | $0 | $0 | $1,406,276 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | $101,525 | $0 | $0 | $0 |
| NYS ANNUAL REGISTRATION FEE | $0 | $0 | $0 | $1,500 |
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