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Mastercard Foundation is a global foundation based in Toronto, Canada. Our programs promote financial inclusion and advance youth learning in Africa. The Foundation was established in 2006 through the generosity of Mastercard when it became a public company. From inception, the Foundation was designed to be a separate entity and independent from Mastercard. Our policies, operations and funding decisions are made by our President and Board of Directors.
The Foundation believes that youth employment is key to unlocking prosperity, both for youth and their societies. By enabling young women and men from disadvantaged communities to secure and sustain decent work, we will enable tangible and intrinsic improvements to their well-being. By 2030, we want to see an Africa where young people, particularly young women, have decent and fulfilling work. Where everyone can acquire the education and skills they need to find meaningful work and contribute to their societies. Where everyone is financially included and has access to relevant, affordable, and local financial services that they need to manage their daily lives, grow their businesses, and achieve their dreams. Most importantly, we want to see an Africa with a thriving private sector and where governments address the needs of their populations through well-designed and implemented policies and programs, and where the continent is self-reliant and driving its own development.