The MasterCard Foundation

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More than 2.6 billion people around the world live on less than $2 per day

The MasterCard Foundation believes that every person has the potential to transform their lives and to improve the lives of their families and their communities.

By increasing access to microfinance and youth education to those who need it most, the Foundation is enabling people to realize their potential and lift themselves out of poverty. Together with our partners we aspire to make the global economy work for everyone.

	2011-12-14, The MasterCard Foundation pledges US$14.6 million to create “Work4Youth” partnership with the ILO Youth Employment Programme Geneva and Toronto – New partnership will increase the global awareness of the challenges facing youth as they move from education to the world of work.
	2011-11-17, Education for Employment and The MasterCard Foundation Partner to Increase Youth Employment in Morocco Casablanca and Toronto – Nation-wide program will link 15,500 unemployed, disadvantaged young people to education, employment and civic engagement opportunities.
	2011-10-27, The MasterCard Foundation and the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology Announce New initiative to Support Entrepreneurship in Africa and Developing Regions Boston and Toronto – The MasterCard Foundation and the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) are pleased to announce a strategic 10-year, $21 million grant to support emerging entrepreneurs focused on Africa and developing regions.

2011-12-22 Pathways to Secure and Sustainable Livelihoods

In October 2011, Ann Miles (Director of Microfinance at The MasterCard Foundation) and Susan Davis (President and CEO of BRAC USA), visited the Ethiopia CGAP-Ford Foundation Graduation Program in Tigray. Learn More

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