Nonprofit · EIN 82-4717403
MASTERCARD IMPACT FUND
Tax-exempt · PURCHASE, NY 10577
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $31,332,063 | $61,489,371 | -$30,157,308 | $143,230,488 | $33,470,626 | $109,759,862 |
| December 31, 2023 | 990-PF | $9,024,076 | $77,454,097 | -$68,430,021 | $183,357,220 | $43,430,873 | $139,926,347 |
| December 31, 2021 | 990-PF | $95,124,750 | $73,902,888 | $21,221,862 | $231,429,928 | $51,221,715 | $180,208,213 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,000,000
- Dividends
- $6,321,948
- Other income
- $10,115
Expenses
- Grants and similar amounts paid
- $56,526,131
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $65,985,320
- Excise tax on investment income
- $88,016
Balance sheet and other
- Total assets, start of year
- $183,357,220
- Total assets, end of year
- $143,230,488
- Total liabilities, end of year
- $33,470,626
- Net assets, end of year
- $109,759,862
- Fair market value of assets
- $143,230,488
- Qualifying distributions
- $76,394,415
- Net investment income
- $6,332,063
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTINA HUND-MEJEAN 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR, CHAIR | 1 | $0 |
| WALTER MACNEE 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR | 1 | $0 |
| JON HUNTSMAN 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR | 5 | $0 |
| SHAMINA SINGH 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR, PRESIDENT | 10 | $0 |
| TIM MURPHY 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR | 1 | $0 |
| SANDRA ARKELL 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 0.23 | $0 |
| MILLIE CHUN 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 0.5 | $0 |
| DENA DEVANEY 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 2 | $0 |
| TANYA SOUTHERLAND 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT SECRETARY | 20 | $0 |
| KRISTIN HAYNES 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 25 | $0 |
| VIVIAN ZHOU 2000 PURCHASE STREET, PURCHASE, NY 10577 | TREASURER | 0.15 | $0 |
| INDRANEEL GANGULY 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 0 | $0 |
| LATOYA MURPHY 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 20 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTINA HUND-MEJEAN 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR, CHAIR | 1 | $0 |
| MICHAEL FROMAN 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR UNTIL 5/31/23 | 5 | $0 |
| WALTER MACNEE 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR | 1 | $0 |
| SHAMINA SINGH 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR, PRESIDENT | 10 | $0 |
| SANDRA ARKELL 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 0.77 | $0 |
| MILLIE CHUN 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 0.5 | $0 |
| DENA DEVANEY 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 2 | $0 |
| ISSIDOR ILLIEV 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 1 | $0 |
| TANYA SOUTHERLAND 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT SECRETARY | 20 | $0 |
| LATOYA MURPHY 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 20 | $0 |
| VIVIAN ZHOU 2000 PURCHASE STREET, PURCHASE, NY 10577 | TREASURER | 0.15 | $0 |
| INDRANEEL GANGULY 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2021: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTINA HUND-MEJEAN 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR, CHAIR | 1 | $0 |
| MICHAEL FROMAN 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR | 5 | $0 |
| WALTER MACNEE 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR | 1 | $0 |
| SHAMINA SINGH 2000 PURCHASE STREET, PURCHASE, NY 10577 | DIRECTOR, PRESIDENT | 10 | $0 |
| SANDRA ARKELL 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 1 | $0 |
| MILLIE CHUN 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 1 | $0 |
| DENA DEVANEY 2000 PURCHASE STREET, PURCHASE, NY 10577 | VICE PRESIDENT | 2 | $0 |
| ALFRED KIBE 2000 PURCHASE STREET, PURCHASE, NY 10577 | TREASURER | 0.5 | $0 |
| ISSIDOR ILLIEV 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 1 | $0 |
| NICOLE LINDSAY 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT TREASURER | 20 | $0 |
| TANYA SOUTHERLAND 2000 PURCHASE STREET, PURCHASE, NY 10577 | ASSISTANT SECRETARY | 15 | $0 |
| JANET MCGINNESS 2000 PURCHASE STREET, PURCHASE, NY 10577 | SECRETARY | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2000 PURCHASE ST, PURCHASE, NY 10577-2405
- In care of
- % TAX DEPARTMENT
- Signed the 990-PF
- MILLIE CHUN, VICE PRESIDENT
- Phone
- (914) 249-2000
- Return prepared by
- MITCHELL & TITUS LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 82-4717403
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $143,230,488
- Income (IRS master file)
- $31,332,063
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $31,332,063 | $61,489,371 | $143,230,488 | XML |
| 990-PF | December 2023 | $9,024,076 | $77,454,097 | $183,357,220 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $95,124,750 | $73,902,888 | $231,429,928 | XML |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4717403).
Questions about MASTERCARD IMPACT FUND
- What is the EIN of MASTERCARD IMPACT FUND?
- The employer identification number (EIN) of MASTERCARD IMPACT FUND is 82-4717403.
- Is MASTERCARD IMPACT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to MASTERCARD IMPACT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MASTERCARD IMPACT FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASTERCARD IMPACT FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASTERCARD IMPACT FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MASTERCARD IMPACT FUND?
- The 990-PF for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does MASTERCARD IMPACT FUND have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $31,332,063, expenses of $61,489,371 and total assets of $143,230,488 at year end.
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- PURCHASE COLLEGE FOUNDATION EIN 23-7066616 · last filed 990 for 2025
- PURCHASE HOUSING CORPORATION II EIN 82-1262347 · last filed 990 for 2025
- HUAXIA CHINESE ACADEMY OF GREATER NEW YORK EIN 46-0706392 · last filed 990 for 2025
- THE GEORGE WASHINGTON INSTITUTE FOR RELIGIOUS FREEDOM EIN 27-1290262 · last filed 990-PF for 2024
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