Charities Canada Human Services Mastercard Foundation
MA

Mastercard Foundation

Human Services Toronto, ON BN 817387277RR0001 · CRA Sign up to see website
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55
Integrity Assessment
Partial transparency
55/100 · methodology

About Mastercard Foundation

Housing

Headquarters
Toronto, ON
Foundation type
Public foundation
Size
mega

Focus areas & reach

· What they work on and where
Human Services

How it stacks up against peers

· vs. 8 similar human services in Canada
Program spending This charity: 57%
Peer average: 90%
Integrity Assessment This charity: 55
Peer average: 62

Red flags

· All clear
CRA registration revocation
OFAC / EU / UN sanctions
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Where every C$1 goes

C$0.57
Program expensesC$0.57 (C$1.2 billion)

Common questions

· Auto-generated from filings + methodology

Mastercard Foundation is a registered human services nonprofit based in Toronto, ON, Canada. It is registered with the Canada Revenue Agency (CRA). Its registration number is 817387277RR0001. It has a GiveRadar Integrity Assessment of 55/100 (Partial transparency), indicating some public data is available but key signals are missing. The organization reports C$19.5B in annual revenue. 12 officers and directors are publicly disclosed.

Mastercard Foundation has a GiveRadar Integrity Assessment of 55/100. 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 55 ('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 62/100.

Mastercard Foundation is located in Toronto, ON, Canada. 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 90% 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.

Mastercard Foundation has a GiveRadar Integrity Assessment of 55/100. We recommend reviewing the full profile before making a donation decision. The organization is overseen by the CRA. 57% of expenses go to programs. The peer average is 90%. Visit the Mastercard Foundation profile on GiveRadar for full details before deciding. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

Among human services charities registered in Canada: Mastercard Foundation's GiveRadar Integrity Assessment of 55/100 is in line with the peer average of 62/100. It allocates 57% of expenses to programs, below the peer average of 90%. 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.

Verified against 4 official sources, last refreshed .

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

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

Years on record: FY2023, 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

CR
Craig Calhoun
Director

Officers & trustees (12)

Source: Public filings

CR
Craig C••••••
Director
DO
Douglas B••••••
VICE BOARD CHAIR
EL
Ellen J•••••• S••••••
Director
JA
Jay I••••••
Director
JE
Jennifer F••••••
Director
LO
Louise A•••••
Director
MI
Michael S••••
Director
RO
Robin W•••••••••
Director
SE
Sewit A••••••
Director
TS
Tsega G•••••••
Director
VA
Valerie A•••
Director
ZE
Zein A••••••
BOARD CHAIR
Full names, contact details & compensation

Free with an account.

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Latest news

From global news sources

10 articles found

From global news sources

Sentiment

Neutral

Activity timeline

Filings and press mentions, merged

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
Challenge for new CEO of Mastercard Foundation: Restore trust and clarify strategy in Africa - ImpactAlpha
Mar 2026
impactalpha.com
Training Africa’s next entrepreneurs - Queen's University
Nov 2025
www.queensu.ca
Mastercard Foundation Scholars Applicants Info Session 2025 - UBC Faculty of Forestry & Environmental Stewardship
Oct 2025
forestry.ubc.ca
$5-million gift recognizes McMaster’s long-standing leadership in Indigenous education - McMaster News
Sep 2025
news.mcmaster.ca
Form filed
C$19528.1M revenue
FY2023
CRA
Form filed
C$19528.1M revenue
FY2023
CRA

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Peer charities

Other human services in Canada, by integrity assessment

Charity Score Revenue Program %
Mastercard Foundation This page 55 C$19.5 billion 57%
Coast Foundation Society (1974) 64 C$53.6 million 90%
Nanaimo Community Kitchens Society 63 C$71,439 98%
411 Seniors Centre Society (1977) 62 C$517,458 83%
Atelier Industriel St-Jean (1980) Inc 62 C$4.6 million 98%
Toronto Refugee Community Non-Profit Homes and Services 61 C$852,427 84%
Epic de ST. Malo INC. /smile of ST. … 61 C$3.7 million 88%
Islamic Family and Social Services Association (ifssa) 61 C$3.2 million 94%
Centre d'Écoute et de Référence Multi-Écoute 61 C$346,247 87%

Sources and verification

Refreshed

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
Profile completeness
85%

What we don't know

Honest gaps - our score reflects transparency, not impact

Executive compensation
Top-officer pay not disclosed
Mission statement
No self-published statement of purpose
Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified
Founding date
Year the organisation was founded not on file
Programmatic detail
Specific cause areas not yet tagged

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about Mastercard Foundation

What is Mastercard Foundation?
Mastercard Foundation is a human services public foundation based in Toronto, Canada. Housing
Where is Mastercard Foundation located?
Headquartered in Toronto, 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 55 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.