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Mastercard Foundation

Human Services Toronto, Ontario BN: 817387277RR0001 (CRA) Sign up to see website
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69
Integrity Assessment
Partial transparency
69/100 · methodology

About Mastercard Foundation

The Mastercard Foundation works with visionary organizations to enable young people in Africa and in Indigenous communities in Canada to access dignified and fulfilling work.

Founded
Headquarters
Toronto, Ontario
Foundation type
Public foundation
Size
mega

Verified certifications

Confirmed against the issuing authority - not self-reported.

CRA Registered Charity

Focus areas & reach

· What they work on and where

How it stacks up against peers

· vs. 8 similar human services in Canada
Program spending This charity: 57%
Peer average: 75%
Integrity Assessment This charity: 69
Peer average: 71

Concerns

· None found
No red flags found
Screened for CRA registration revocation, Open investigations, Governance scandals, Related-party deals, Excessive exec comp.

Where every C$1 goes

· FY2023 · CRA (Canada) (FY2023)
C$0.57
C$0.32
ProgramC$0.57
AdministrationC$0.05
Grants to other charitiesC$0.32
UnallocatedC$0.06

GiveRadar Analysis

Original analysis from GiveRadar's dataset of comparable organizations

From what GiveRadar has verified so far, Mastercard Foundation has a substantially complete profile, cross-referenced across 3 independent sources including the CRA.

  • By reported annual revenue, it is larger than 99% of the 14,242 human services charities in Canada with financial records on GiveRadar. See the filings
  • Its integrity score of 69 places it in the top 1% of the 15,009 human services charities in Canada GiveRadar tracks, because GiveRadar has verified its financial disclosures and its registration. View this cohort
GiveRadar has verified
  • government registration
  • financial records
  • disclosed leadership
  • a website
  • a contact email
  • third-party accreditation
Not yet verified by GiveRadar
  • a donation page
  • an owner-submitted profile claim

Analysis based on GiveRadar's benchmark dataset of 2026-07-03. It describes what GiveRadar has verified, not a judgment of the organization itself.

Common questions

· Auto-generated from filings + methodology

Mastercard Foundation is a registered human services nonprofit based in Toronto, Ontario, Canada. It is registered with the Canada Revenue Agency (CRA). It was founded in 2017 and has been operating for 9 years. Its registration number is 817387277RR0001. According to GiveRadar's records, it holds registered-charity status with the Canada Revenue Agency (CRA), which means it can issue official donation receipts and files annual T3010 returns with the regulator. GiveRadar's Integrity Assessment for the organization is 69/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports C$19.5B in annual revenue. 12 officers and directors are publicly disclosed. No red flags have been detected. Recent news coverage is predominantly positive.

Mastercard Foundation's official registration number is 817387277RR0001, as recorded in the national registry of Canada.

Mastercard Foundation has a GiveRadar Integrity Assessment of 69/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 69 ('Partial transparency') means some public data is on file but key signals are missing - worth a closer look before donating. For comparison, the average integrity assessment for human services charities in Canada is 71/100.

Mastercard Foundation is located in Toronto, Ontario, Canada. The organization was established in 2017 and has been active for 9 years. Its registered address is 2400 - 250 Yonge St, Canada.

Based on official tax filings, Mastercard Foundation has C$19.5B in annual revenue. It allocates 57% of expenses to programs and services. This is below the average of 75% for human services charities in Canada. Its revenue is significantly above the peer average of C$4M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Mastercard Foundation is classified as a Human Services organization, registered in Canada. It operates as a Public foundation. By size, it is categorized as a mega organization. It has C$19.5B in annual revenue. The organization has 12 disclosed officers and directors.

No red flags have been detected for Mastercard Foundation. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Mastercard Foundation holds registered-charity status with the Canada Revenue Agency (CRA), which means it can issue official donation receipts and files annual T3010 returns with the regulator. It is registered with the Canada Revenue Agency (CRA). It reports that 57% of expenses go to programs (the peer average is 75%). GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

The Mastercard Foundation works with visionary organizations to enable young people in Africa and in Indigenous communities in Canada to access dignified and fulfilling work. Mastercard Foundation is classified as a human services organization registered in Canada. The organization was founded in 2017.

Among human services charities registered in Canada: It allocates 57% of expenses to programs, below the peer average of 75%. Its annual revenue of C$19.5B is well above the peer average of C$4M.

Mastercard Foundation is a registered charity in Canada. Donations to registered Canadian charities are eligible for tax credits on your federal and provincial income tax returns. The federal credit is 15% on the first $200 and 29% on amounts above $200. Keep your official donation receipt for tax filing.

Annual revenue
C$1B+
57% to programs
Source: CRA (Canada) (FY2023) why this matters
Unlock exact figures

Filing history

1 year on file from CRA (Canada) (FY2023): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2023.
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Taxes

Tax-deductibility for donors

Canadian donations are deductible if Mastercard Foundation is registered with the CRA as a charity. The charity issues an official donation receipt.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

From FY2023 filing

CR
Craig C••••••
Director

Officers & trustees (12)

Source: Public filings

See full names, roles, and stories

12 officers and trustees on file - free with a GiveRadar account.

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Latest news

From global news sources

10 articles found

From news sources and the organization. Shown for transparency; news never affects the integrity score.

Activity timeline

Filings and press mentions, merged

EdVentures Launches Third Cohort of Mastercard Foundation EdTech Fellowship in Egypt with 13 Startups - entARABI
Jun 2026
entarabi.com
Building on impact: EdVentures and Mastercard Foundation kick-off Cohort 3 of the EdTech Fellowship - ZAWYA
Jun 2026
www.zawya.com
Call For Applications: Mastercard Foundation Associates Program Paid - MSME Africa
Jun 2026
msmeafricaonline.com
Mastercard Foundation Online Graduate Scholarship at AUB (Fall 2026–27) - Global South Opportunities
Jun 2026
www.globalsouthopportunities.com
Mastercard Foundation Doctoral Scholarships 2026-2027 at the University of Toronto - Opportunity Desk
May 2026
opportunitydesk.org
Sabou Capital secures Mastercard Foundation Africa Growth Fund investment - africaprivateequitynews.com
May 2026
www.africaprivateequitynews.com
Call for Applications: Mastercard Foundation Pathways to Scale Program for - MSME Africa
May 2026
msmeafricaonline.com
Mastercard Foundation Scholars Program – Master’s Scholarships 2026/2027 - Global South Opportunities
May 2026
www.globalsouthopportunities.com
MasterCard Foundation Africa Growth Fund Releases New Learning Book On Services And Job Creation - Africa.com
May 2026
africa.com
Sabou Capital secures Mastercard Foundation Africa Growth Fund investment to back SMEs - TechCabal
May 2026
techcabal.com
Form filed
C$19528.1M revenue
FY2023
CRA (Canada)

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Cause areas in Canada

How many charities work in each area, with this charity's area highlighted.

Human Services this charity 15,009
Community Development 13,007
Education 8,619
Religion 8,105
Arts & Culture 5,872
Health 3,812
Social Services 2,630
Youth Development 752
See all cause areas in Canada

Most common causes in Canada

Causes charities work on most, with this charity's causes ticked.

Community Development 4,996
Mission Work 3,269
Religion 2,198
Education 1,865
Disability 1,363
Cultural Heritage 990
Arts & Culture 773
Housing 429

Sources and verification

Registration and legal identity
Canada Revenue Agency (CRA) - List of Charities
Financial filings
CRA T3010 Registered Charity Information Returns - Fiscal year 2023 most recent on file.
Officers and trustees
Canada Revenue Agency (CRA) - List of Charities - 12 disclosed in the public registry.
News and media coverage
GDELT Project + Google News

Data freshness

Last updated
Apr 21, 2026
Registry checked
Apr 1, 2026
Profile completeness
85%

What we know and don't know

Exactly which public data we hold on this charity. Our score reflects transparency, not impact.

On record · 8
  • Financial data · FY2023 on record
  • Named leadership · 12 officers on file
  • Government registration · Registered with an official registry
  • Official website · On record
  • Headquarters address · On file
  • Direct contact · Email or phone published
  • Tax-deductibility · Verified
  • Founding date · 2017
Not available · 3
  • Executive pay
    Top-officer pay not disclosed
  • Mission statement
    No self-published statement of purpose
  • Programs & activities
    No named programs listed by the charity

Methodology

GiveRadar builds each profile primarily from official government charity registries, supplemented where available by third-party nonprofit databases and news archives, and combines it into a single 0-100 integrity assessment. The exact sources for this charity are listed above. We don't take a cut of any donation, ever.

Read full methodology

Are you the owner or a board member?

If you represent this organization and want to correct or update its data, you can claim this listing to edit details yourself, or email [email protected] with the correct information. We review every request and respond within 30 days.

Quick facts about Mastercard Foundation

What is Mastercard Foundation?
Mastercard Foundation is a human services public foundation based in Toronto, Canada. The Mastercard Foundation works with visionary organizations to enable young people in Africa and in Indigenous communities in Canada to access dignified and fulfilling work.
When was Mastercard Foundation founded?
Mastercard Foundation was founded in 2017.
Where is Mastercard Foundation located?
Headquartered in Toronto, Ontario, Canada.
What is Mastercard Foundation's annual budget?
Annual revenue for fiscal year 2023 is approximately C$1B+. 57% of expenses go to program services.
Is Mastercard Foundation trustworthy?
Mastercard Foundation has a GiveRadar Integrity Assessment of 69 out of 100 (Partial transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Mastercard Foundation's registration number?
Registration: 817387277RR0001 (Canada).
What is Mastercard Foundation's website?
https://www.mastercardfdn.org
Are donations to Mastercard Foundation tax-deductible?
Donations may be tax-deductible for residents of Canada under local rules. US donors should check whether the charity has an equivalency-determination letter or a US-based fiscal sponsor before claiming a deduction.