Work Here?
Mastercard Foundation
Work Here?
Non-profit supporting youth education and employment
Mastercard Foundation
Work Here?
Non-profit supporting youth education and employment
About Mastercard Foundation
Industries
Social Impact
Education
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
2006
Overview
The Mastercard Foundation focuses on creating opportunities for young people in Africa and Indigenous communities in Canada by promoting access to education and financial inclusion. Its programs, such as the Mastercard Foundation Scholars Program, provide scholarships, mentorship, and seed funding to support young leaders and innovators. The foundation collaborates with various organizations, including the private sector and civil society, to build effective systems and policies that enable young people to thrive. Unlike many other organizations, the Mastercard Foundation emphasizes partnerships to drive impactful change and has a global reach through its initiatives. The ultimate goal is to foster an environment where young people can achieve their full potential and contribute positively to their communities.
Simplify's Take
What believers are saying
- Expansion in West Africa enhances regional presence and opportunities for growth.
- Partnerships in sustainable agriculture align with growing interest in the sector.
- Increased focus on digital financial services boosts financial inclusion initiatives.
What critics are saying
- Over-reliance on West Africa may expose foundation to regional instability.
- Niche markets like black soldier fly larvae production may face demand challenges.
- Preserving African languages may struggle with interest and engagement from the diaspora.
What makes Mastercard Foundation unique
- Focus on education and financial inclusion for young people in Africa and Canada.
- Collaborates with diverse partners to create impactful social change and opportunities.
- Offers unique programs like Scholars Program and Social Venture Challenge for youth empowerment.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Paid Vacation
Company News
Mastercard expands in West Africa with new Ghana office.
Lingawa secured USD 1.1M in pre-seed funding from key investors, including Voltron Capital, MasterCard Foundation, and Zrosk, to expand its African language learning platform.
Farm Africa is partnering with the Mastercard Foundation to promote BSF production among young people taking part in its Youth in Sustainable Aquaculture (YISA) programme in Kenya, to tap into the potential market demand for BSF larvae as a protein source used to produce high-quality fish feed.
Lingawa, formerly TopSet, has secured $1.1 million in funding from investors like Voltron Capital and MasterCard Foundation to redefine language education for Africa's diaspora. With over 2,000 African languages, many are at risk of extinction due to colonialism and globalization. Lingawa aims to help the African diaspora achieve fluency in their native languages, preserving cultural identity. The idea was conceived by Frank Williams, who has a background in capital raising.
Since 2019, Dereja, a social enterprise unit of the leading online recruitment platform of the Africa Jobs Network, has been working with the Ministry of Education, Ministry of Labor and Skills, higher education institutions, the Mastercard Foundation, and relevant non-government organizations.
Mastercard Foundation is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Mastercard Foundation
Industries
Social Impact
Education
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
2006
Mastercard Foundation is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today