Mastercard Foundation

The Mastercard Foundation operates a global philanthropic organization with a significant presence in Toronto, directing grants and programs toward expanding economic opportunity for low-income people across Africa, Asia, and Latin America. The foundation supports education, financial inclusion, and livelihoods initiatives through direct funding to nonprofits, social enterprises, and research institutions. Its work in Canada focuses on advancing economic opportunity for youth and marginalized communities through partnerships with local organizations. The foundation backs projects ranging from vocational training and job creation to microfinance access and youth employment programs, recognizing that sustainable economic progress requires addressing barriers to opportunity for the world's poorest populations.