Compensation 990

Mastercard Foundation

Fiscal year ending 2024. Filed on November 11, 2025.

250 Yonge Street Suite 2400
Toronto, Canada

Mastercard Foundation (EIN: 98-0543843) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Mastercard Foundation, a 501(c)(4) civic league or social welfare organization, reported compensation for 14 employees. Among the employees shown here, the average compensation is $528,913. The highest compensated employee at Mastercard Foundation is Reeta Roy with fiscal year 2024 compensation of $1,335,867. Mastercard Foundation changed its name from Mastercard Foundation (Fka the Mastercard Foundation) in 2019.

Revenue, expenses, and employee compensation

Revenue

$6,513,121,957

Expenses

$1,633,430,674

Employee compensation

$79,915,504
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋2.2%vs 2023
Reeta Roy
President and Chief Executive Officer
$1,335,867
$1,335,867 from orgNo related compNo other comp
－0.7%vs 2023
Peter Materu
Chief Program Officer
$754,437
$754,437 from orgNo related compNo other comp
＋55.8%vs 2023
Douglas Kasambala
Chief Financial Officer
$640,431
$640,431 from orgNo related compNo other comp
＋26.9%vs 2023
Oluwole Onabolo
General Counsel
$577,806
$577,806 from orgNo related compNo other comp
＋1.7%vs 2023
Wariko Waita
Director PAC - Ed.&Transitions
$526,548
$526,548 from orgNo related compNo other comp
＋4.3%vs 2023
Tina Muparadzi
EXEC Director-Ed.&Transitions
$487,201
$487,201 from orgNo related compNo other comp
New in 2024
Jennifer Ramnath
Chief, Digital and INFO OFF
$484,759
$484,759 from orgNo related compNo other comp
－28.1%vs 2023
Serge Auguste Kouakou
Country Director, Senegal
$464,912
$464,912 from orgNo related compNo other comp
－0.1%vs 2021
Amos Odero
HEAD - PAN Aftrica Programs
$452,003
$452,003 from orgNo related compNo other comp
New in 2024
David Bagenda
Senior Finance Director
$449,916
$449,916 from orgNo related compNo other comp
New in 2024
Omotade Akin Aina
Chief Impact&Research Officer
$350,977
$350,977 from orgNo related compNo other comp
－40.9%vs 2023
Julie Gichuru
Chief Public Affairs&Communica
$340,902
$340,902 from orgNo related compNo other comp

Non-Employee Board Members

Carole Wamuyu Wainaina
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
Valerie Amos
Director
Zein Abdalla
Board Chair

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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