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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
MASTERCARD FOUNDATION
 
Employer identification number
98-0543843
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) Catholic Medical Mission Board Inc
100 Wall Street Floor 9
New York,NY10005 		13-5602319 501(c)3 250,000       Youth Learning
(2) Wellesley College
106 Central Street
WELLESLEY,MA02481 		04-2103637 501(c)3 627,106       Youth Learning
(3) INTERNATIONAL RESCUE COMMITTEE INC
122 E 42ND STREET
NEW YORK,NY10168 		13-5660870 501(c)3 1,852,729       YOUTH Learning
(4) INTERNATIONAL YOUTH FOUNDATION
One East Pratt Street
SUITE 701
BALTIMORE,MD21202 		38-2935397 501(c)3 3,790,150       Youth Learning
(5) American University of Beirut
3 dag hammarskjold plaza
NEW YORK,NY10017 		13-5596846 501(c)3 6,278,134       Youth Learning
(6) TechnoServe Inc
1120 19th St NW
Washington,DC20036 		13-2626135 501(c)3 5,201,662       Financial Inclusion
(7) Duke University
324 Blackwell St Ste 850
Durham,NC27701 		56-0532129 501(c)3 961,806       Youth Learning
(8) michigan state university
427 N Shaw Lane Rm 308
Elansing,MI48824 		38-6005984 501(c)3 1,811,958       youth learning
(9) University of California Berkeley
356 Stephens Hall
berkeley,CA94720 		94-3067788 501(c)3 1,675,055       youth learning
(10) Arizona State University
PO Box 877705
Tempe,AZ852877705 		99-9999999 Charitable Org 11,011,179       Youth Learning
(11) Bankable Frontier Associates LLC
48 Grove St Ste 303
Somerville,MA02144 		20-4108833 OTHER 2,117,555       FINANCIAL INCLUSION
(12) ONE ACRE FUND
1742 TATUM STREET
Falcon Heights,MN55113 		20-3668110 501(C)3 1,250,000       FINANCIAL INCLUSION
(13) EDUCATION DEVELOPMENT CENTER INC
43 foundry avenue
waltham,MA02453 		04-2241718 501(c)3 5,694,194       Youth Learning
(14) SHINING HOPE FOR COMMUNITIES INC
175 VARICK ST 6TH FLOOR
NEW YORK,NY10014 		27-1493201 501(c)3 970,425       Youth Learning
(15) root capital inc
130 Bishop Allen Dr Floor 2
CAMBRIDGE,MA02139 		04-3478123 501(c)3 1,204,762       financial inclusion
(16) Village Health Works
45 West 36th Street
th Floor,NY10018 		45-0545435 501(c)3 249,999       Youth Learning
(17) ZuriWorks
5400 7th St NW 208
Washington,DC20011 		46-0842821 501(c)3 100,000       Youth Learning
(18) Carnegie Mellon University
5000 Forbes Ave
Pittsburgh,PA15213 		25-0969449 501(c)3 177,496,534       Youth Learning
(19) Global Development Incubator Inc
1634 Eye Street NW
Suite 300
Washington,DC20006 		14-1945286 501(c)3 575,796       Financial Inclusion
(20) Grassroots Business Partners Inc
1875 K Street Suite 537
Washington,DC20006 		26-2108051 501(c)3 7,464,158       Financial Inclusion
(21) Mercy Corps
45 SW Ankeny Street
Portland,OR97204 		91-1148123 501(c)3 1,703,051       Financial Inclusion
(22) Social Impact Inc
2300 Clarendon Boulevard
Arlington,VA22201 		54-1795186 Other 139,533       Youth Learning
(23) African Center for Economic Transformation
1776 K Street NW
Suite 200
Washington,DC20006 		11-3803281 501(c)3 1,529,729       Youth Learning
(24) Nest Inc
501 Fifth Avenue Suite 1608
New york,NY10017 		20-5450672 501(c)3 91,542       Financial Inclusion
(25) RefuSHE
1111 N Wells St Suite 306
Chicago,IL60610 		26-0239864 501(c)3 525,875       Financial Inclusion
(26) Heifer Project International
1 World AveSUITE 520
Little Rock,AR72202 		35-1019477 501(c)3 3,521,318       Youth Learning
(27) KIVA Microfunds
875 howard st ste 340
San Francisco,CA94103 		71-0992446 501(c)3 866,818       Financial Inclusion
(28) The Batonga Foundation
2000 Massachusetts Ave NW
Washington,DC20036 		20-5927387 501(c)3 256,231       Youth Learning
(29) The Pennington School
112 W Delaware Ave
Pennington,NJ08534 		21-0635004 501(c)3 44,561       Youth Learning
(30) The Resolution Project
1120 ave of the americas
New York,NY10036 		26-4394051 501(c)3 478,895       Youth Learning
(31) West African Research Association Inc
Boston University
African Studies Center 232 Bay sta
Boston,MA02215 		52-1690509 501(c)3 30,000       Youth learning
(32) Tufts University
62R Talbot Ave
Medford,MA021555813 		04-2103634 501(c)3 249,981       YOUTH LEARNING
(33) HARVARD UNIVERSITY
RICHARD A SUSA F SMITH CAMPUS CEN
CAMBRIDGE,MA02138 		04-2103580 501(c)3 25,000       Youth Learning
(34) NCBA CLUSA
1775 Eye St Nw 8Th Floor
WASHINGTON,DC20006 		36-2007481 501(c)6 250,000       YOUTH LEARNING
(35) AFRICAN ENTREPRENERSHIP COLLECTIVE
PO BOX 29
CLINTON,WA98236 		46-0743201 501(c)3 3,088,612       FINANCIAL INCLUSION
(36) CENTER FOR TRANSCULTURAL STUDIES
DEPARTMENT OF COMMUNICATION STUDIES
NORTHWESTERN UNIVERSITY
EVANSTON,IL60208 		23-7180280 501(c)3 50,000       YOUTH LEARNING
(37) CONSULTATIVE GROUP TO ASSIST THE POOR
MSN P 3-300 THE WORLD BANK GROUP
1818 H STREET NW
DC,WA20433 		99-9999999 Non-profit Org 5,000,000       FINANCIAL INCLUSION
(38) CORNELL UNIVERSITY
OFFICE OF THE PRESIDENT 300 DAY HAL
CORNELL UNIVERSITY
ITHACA,NY14853 		15-0532082 501(c)3 1,331,195       YOUTH LEARNING
(39) CorpsAfrica
300 Park Avenue 12th Floor
New York,NY10022 		45-2470692 501(c)3 257,343       YOUTH LEARNING
(40) ST LAWRENCE UNIVERSITY
23 ROMODA DRIVE CANTON
Canton,NY13617 		15-0532239 501(c)3 50,000       YOUTH LEARNING
(41) Brown University
Providence
Providence,RI02912 		05-0258809 501(c)3 25,000       Youth learning
(42) Drexel University
1505 Race Street 10th Floor
Philadelphia,PA19102 		23-1352630 501(c)3 166,776       Youth learning
(43) Building Tomorrow
615 North Alabama Street
Dlndianapolis,IN99999 		56-2614329 Non-Profit Org 580,000       Youth Learning
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
37
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
6
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2020

Schedule I (Form 990) 2020
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
SCHEDULE I, LINE 2 THROUGHOUT THE LIFECYCLE OF THE PROJECT, THE FOUNDATION ASSESSES WHETHER THE ORGANIZATION IS CARRYING OUT ACTIVITIES CONSISTENT WITH THE PURPOSES FOR WHICH THE FUNDS WERE APPROVED. THIS IS DONE BY USING FINANCIAL AND NARRATIVE REPORTING FROM THE ORGANIZATION, AND WHERE APPLICABLE ON-SITE PROJECT VISITS, MEETINGS WITH THE ORGANIZATION AS WELL AS THIRD PARTY REVIEWS AND REPORTS. DURING THE COVID-19 PANDEMIC, IN-PERSON VISITS HAVE BEEN LIMITED AND LARGELY REPLACED BY VIRTUAL MEETINGS AND STRENGTHENED DESKTOP REVIEWS. AN ASSESSMENT OF COMPLIANCE WITH ANTI-TERRORISM LEGISLATION AND OTHER DUE DILIGENCE PROCEDURES ARE DONE ON AN ANNUAL BASIS FOR MULTI-YEAR PROJECTS.
Schedule I (Form 990) 2020



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