Mastercard Foundation
Toronto, None · EIN 98-0543843 · International and foreign affairs · Rank 58 by total revenue
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.
Money, Form 990 for tax year 2024
- Total revenue
- $6,513,121,957
- Total expenses
- $1,633,430,674
- Total assets
- $50,320,893,084
- Salary base (all salaries and wages)
- $61,202,065
- Salaries, other pay and benefits
- $79,915,504
- Employees
- 1
- Salary base per employee
- $61,202,065
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (18)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Reeta Roy | PRESIDENT AND CEO | Officer | 60 | $1,335,867 |
| Peter Materu | CHIEF PROGRAM OFFICER | Officer | 55 | $754,437 |
| Douglas Kasambala | CHIEF FINANCIAL OFFICER | Officer | 55 | $640,431 |
| Oluwole Onabolo | GENERAL COUNSEL | Officer | 55 | $577,806 |
| Jennifer Ramnath | CHIEF, DIGITAL AND INFO. OFF. | Key employee | 55 | $484,759 |
| Sconaid McGeachin | CHIEF PUBLIC AFFAIRS&COMMUNICA | Key employee | 55 | $299,524 |
| Linda Osodo | AG. CHIEF PEOPLE&CULTURE OFFIC | Key employee | 55 | $239,494 |
| Zein Abdalla | BOARD CHAIR | Board | 6 | None reported |
| Sewit Ahderom | DIRECTOR | Board | 3 | None reported |
| Valerie Amos | DIRECTOR | Board | 3 | None reported |
| Louise Arbour | DIRECTOR | Board | 3 | None reported |
| Jennifer Fonstad | DIRECTOR | Board | 3 | None reported |
| Tsega Gebreyes | DIRECTOR | Board | 3 | None reported |
| Jay Ireland | DIRECTOR | Board | 3 | None reported |
| Ellen Johnson Sirleaf | DIRECTOR | Board | 3 | None reported |
| Michael Sabia | DIRECTOR | Board | 3 | None reported |
| Robin Washington | DIRECTOR | Board | 3 | None reported |
| Carole Wamuyu Wainaina | DIRECTOR | Board | 3 | None reported |
Top 10 paid people listed
These 10 people received $6,173,880, which is 10.1% of the $61,202,065 salary base shared by 1 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Reeta Roy | PRESIDENT AND CEO | Officer | 60 | $1,335,867 | $0 | $0 | $1,335,867 |
| Peter Materu | CHIEF PROGRAM OFFICER | Officer | 55 | $754,437 | $0 | $0 | $754,437 |
| Douglas Kasambala | CHIEF FINANCIAL OFFICER | Officer | 55 | $640,431 | $0 | $0 | $640,431 |
| Oluwole Onabolo | GENERAL COUNSEL | Officer | 55 | $577,806 | $0 | $0 | $577,806 |
| Wariko Waita | DIRECTOR PAC - ED.&TRANSITIONS | Highly paid employee | 55 | $526,548 | $0 | $0 | $526,548 |
| Tina Muparadzi | EXEC. DIRECTOR-ED.&TRANSITIONS | Highly paid employee | 55 | $487,201 | $0 | $0 | $487,201 |
| Jennifer Ramnath | CHIEF, DIGITAL AND INFO. OFF. | Key employee | 55 | $484,759 | $0 | $0 | $484,759 |
| Serge Auguste Kouakou | COUNTRY DIRECTOR, SENEGAL | Highly paid employee | 55 | $464,912 | $0 | $0 | $464,912 |
| Amos Odero | HEAD - PAN AFTRICA PROGRAMS | Highly paid employee | 55 | $452,003 | $0 | $0 | $452,003 |
| David Bagenda | SENIOR DIRECTOR, FINANCE | Highly paid employee | 55 | $449,916 | $0 | $0 | $449,916 |
Sources
- IRS e-file return 202523159349305482 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 98-0543843
- Organization website (as filed): www.mastercardfdn.org