What is the name of the foundation founded by Mastercard that focuses on financial inclusion?

The foundation founded by Mastercard that focuses on financial inclusion is the Mastercard Foundation.

Mastercard Incorporated established the independent charitable foundation in 2006 as part of the company’s initial public offering. Mastercard contributed 13.5 million shares to the newly created foundation, with additional direct cash support committed during its first four years. The foundation’s charitable work was later funded largely by dividends from those shares.

Its mission extends beyond financial inclusion. The organization also works to advance education, expand opportunities for decent work, reduce gender and economic inequality, and support Indigenous youth in Canada. In 2018, it shifted its main strategic focus toward Africa through the Young Africa Works initiative.

A frequent misunderstanding is that the foundation operates as Mastercard’s corporate giving department. It was created by Mastercard but became independently governed, with an independent board and leadership introduced in 2008. Its name is therefore both the straightforward and canonical answer, rather than Visa Foundation, PayPal Foundation, or another corporate charity.