Compensation 990

Mastercard Foundation

Fiscal year ending 2022. Filed on May 3, 2023.

250 Yonge Street Suite 2400
12th Floor
Toronto, Canada

Mastercard Foundation (EIN: 98-0543843) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2022 IRS Form 990 filing, Mastercard Foundation, a 501(c)(4) civic league or social welfare organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $506,115. The highest compensated employee at Mastercard Foundation is Reeta Roy with fiscal year 2022 compensation of $1,125,955. Mastercard Foundation changed its name from Mastercard Foundation (Fka the Mastercard Foundation) in 2019.

Revenue, expenses, and employee compensation

Revenue

$424,109,307

Expenses

$1,377,301,146

Employee compensation

$53,412,106
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Reeta Roy
President and Chief Executive Officer
$1,125,955
$1,112,764 from orgNo related comp$13,191 other
Peter Materu
Chief Program Officer
$608,244
$604,499 from orgNo related comp$3,745 other
Nathalie Gabala
Executive Director, Pan Africa
$605,485
$587,905 from orgNo related comp$17,580 other
Daniel Hailu
Executive Director, Country Pr
$555,792
$537,268 from orgNo related comp$18,524 other
Serge Auguste Kouakou
Country Director, Senegal
$454,854
$450,672 from orgNo related comp$4,182 other
Julie Gichuru
Chief Public Affairs and Commu
$424,939
$417,283 from orgNo related comp$7,656 other
Hassan El Bouhali
Senior Director, Technology
$403,989
$395,818 from orgNo related comp$8,171 other
Samuel Adela
Country Director, Ethiopia
$390,671
$385,886 from orgNo related comp$4,785 other
Tina Muparadzi
Chief People and Culture Officer
$380,054
$375,781 from orgNo related comp$4,273 other
Rosemary Nduhiu
Acting Chief Operations Office
$350,526
$347,448 from orgNo related comp$3,078 other
David Marlow
Chief Operations Officer (Form
$266,752
$266,752 from orgNo related compNo other comp

Non-Employee Board Members

Craig Calhoun
Director
Douglas Baillie
Director
Ellen Johnson Sirleaf
Director
James Ireland
Director
Jendayi Frazer
Director
Jennifer Fonstad
Director
Louise Arbour
Director
Michael Sabia
Director
Robin Washington
Director
Valeria Amos
Director
Zein M Abdalla
Board Chair

Contractors

McKinsey Co Inc E Africa PtyLtd E
Consulting
$12,956,664
Engage Communications Ltd
Public Relations Ser
$11,626,147
Deloitte LLP
Consulting
$5,687,311
McKinsey and Company Inc Africa Pr
Consulting
$5,301,200
McKinsey and Company Africa Pty L
Consulting
$2,400,000

Mission Statement

THE FOUNDATION'S MISSION IS TO ADVANCE YOUTH EDUCATION AND PROMOTE FINANCIAL INCLUSION FOR FINANCIALLY DISADVANTAGED PERSONS AND COMMUNITIES AS A MEANS OF RELIEVING POVERTY.

Revisions to this organization profile

November 11, 2025:
2024 Mastercard Foundation 990 filed
May 7, 2024:
2023 Mastercard Foundation 990 filed
May 3, 2023:
2022 Mastercard Foundation 990 filed

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