The MasterCard Foundation

The MasterCard Foundation

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The Mastercard Foundation is a non-profit organization dedicated to creating opportunities for young people in Africa and Indigenous communities in Canada. The foundation focuses on enabling access to dignified and fulfilling work through education and financial inclusion. By partnering with visionary organizations, the Mastercard Foundation aims to build effective systems and infrastructures, supportive policies, and an environment where young people can thrive.

The foundation serves a diverse range of clients, including young people, entrepreneurs, small enterprises, and civil society organizations. It operates primarily in Africa and Canada but has a global reach through its various programs and initiatives. The foundation's business model revolves around collaboration with the private sector, donors, and civil society to create impactful change. It makes money through donations, grants, and partnerships with other organizations.

One of the key programs is the Mastercard Foundation Scholars Program, which provides scholarships, mentorship, and seed funding to young leaders and innovators. This program aims to break down barriers to quality education and support young people in making a difference in their communities. Additionally, the foundation's Social Venture Challenge (SVC) identifies and supports young entrepreneurs with seed funding and access to a network of global changemakers.

The Mastercard Foundation's ultimate goal is to create a world where young people are included, thriving, and driving transformative change. By advancing education and financial inclusion, the foundation helps young people achieve their full potential and contribute meaningfully to their communities.

Keywords: education, financial inclusion, young people, Africa, Canada, entrepreneurship, scholarships, mentorship, social impact, partnerships.

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