The MasterCard Foundation
The MasterCard Foundation is committed to increasing employment and entrepreneurship opportunities for disadvantaged, out-of-school young people in Africa. Through its Economic Opportunities for Youth Program, the Foundation takes a holistic approach to enable young people to transition to employment, providing them with market-relevant skills, connections to employers and access to financial services. To date, 59,127 young people have transitioned to jobs, entrepreneurships, further training, or education and 700,000 young people have gained access to financial services. The Foundation is a global organization based in Toronto, Canada, with over US $9 billion in assets. Established in 2006 through the generosity of MasterCard Worldwide when it became a public company, the Foundation is a separate and independent entity.