Mastercard Foundation
International non-governmental organization / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Mastercard Foundation?
Summarize this article for a 10 year old
The Mastercard Foundation is an international non-governmental organization established by Mastercard in 2006.
Founded | 2006; 18 years ago (2006) |
---|---|
Type | Charitable organization, NGO |
Location | |
Area served | Worldwide |
Key people | Reeta Roy (President and CEO) |
Website | Mastercardfdn.org |
The organization, which is based in Toronto, Ontario, has supported work in 49 countries.[1] In 2018, Mastercard Foundation shifted to a specific focus on Africa, through its Young Africa Works strategy.[2]
The foundation develops programs primarily focused on reducing gender and economic inequality, expanding access to quality education, increasing the opportunities for decent work, and supporting overall economic growth.[3][4] Funding is primarily managed with bilateral allocations through post-secondary institutions, research institutes, non-governmental organizations and the private sector, plus multilateral allocations through organizations like the numerous United Nations entities under the United Nations Sustainable Development Group.[3]