Compensation 990

Mastercard Foundation

Fiscal year ending 2023. Filed on May 7, 2024.

250 Yonge Street Suite 2400
Of Contracts And Grants 3100 Marin
Toronto, Canada

Mastercard Foundation (EIN: 98-0543843) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2023 IRS Form 990 filing, Mastercard Foundation, a 501(c)(4) civic league or social welfare organization, reported compensation for 15 employees. Among the employees shown here, the average compensation is $528,223. The highest compensated employee at Mastercard Foundation is Reeta Roy with fiscal year 2023 compensation of $1,306,497. Mastercard Foundation changed its name from Mastercard Foundation (Fka the Mastercard Foundation) in 2019.

Revenue, expenses, and employee compensation

Revenue

$680,266,338

Expenses

$1,533,523,522

Employee compensation

$72,620,679
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Reeta Roy
President and Chief Executive Officer
$1,306,497
$1,290,974 from orgNo related comp$15,523 other
Peter Materu
Chief Program Officer
$759,761
$750,217 from orgNo related comp$9,544 other
Serge Auguste Kouakou
Country Director, Senegal
$646,392
$632,769 from orgNo related comp$13,623 other
Julie Gichuru
Chief Public Affairs and Commu
$576,982
$564,359 from orgNo related comp$12,623 other
Wariko Waita
Senior Director, Corporate COM
$517,746
$510,931 from orgNo related comp$6,815 other
Tina Muparadzi
Chief People and Culture Officer
$467,245
$461,434 from orgNo related comp$5,811 other
Hassan El Bouhali
Strategic Advisor, Digital Eco
$466,274
$458,531 from orgNo related comp$7,743 other
Nathalie Gabala
Executive Director, Pan Africa
$461,564
$436,878 from orgNo related comp$24,686 other
Oluwole Onabolo
General Counsel
$455,182
$442,559 from orgNo related comp$12,623 other
Shona Bezanson
Business Development Director
$427,094
$410,572 from orgNo related comp$16,522 other
Samuel Adela
Country Director, Ethiopia
$423,152
$407,129 from orgNo related comp$16,023 other
Rosy Fynn
Country Director, Nigeria
$415,984
$404,361 from orgNo related comp$11,623 other

Non-Employee Board Members

Craig Calhoun
Director
Douglas Baillie
Director
Ellen Johnson Sirleaf
Director
Jay Ireland
Director
Jennifer Fonstad
Director
Louise Arbour
Director
Michael Sabia
Director
Robin Washington
Director
Sewit Ahderom
Director
Tsega Gebreyes
Director
Valeria Amos
Board Chair
Zein M Abdalla
Board Chair

Contractors

Engage Communications Ltd
Public Relations Ser
$8,407,354
McKinsey Co Inc E Africa PtyLtd E
Consulting
$7,533,652
Deloitte LLP
Consulting
$6,044,419
McKinsey and Company Inc Africa Pr
Consulting
$5,400,000
Boston Consulting Group Kenya Lim
Consulting
$5,327,738

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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