Mastercard Foundation

MASTERCARD FOUNDATION INTRODUCES MFAM, A NEW SEPARATE ASSET MANAGEMENT COMPANY, TO SUPPORT ITS PHILANTHROPIC MISSION

Retrieved on: 
Jeudi, mai 2, 2024
Education, Mastercard, Harvard University endowment, Mass, Mass General Brigham, Mastercard Foundation, Organization, Financial services

TORONTO, May 2, 2024 /PRNewswire/ - The Mastercard Foundation today introduced the Mastercard Foundation Asset Management (MFAM) Corporation , a new, separate asset management company with a mandate to build and manage a diversified portfolio to support the mission of the Mastercard Foundation and the work of its partners over the long term.

Key Points: 
  • TORONTO, May 2, 2024 /PRNewswire/ - The Mastercard Foundation today introduced the Mastercard Foundation Asset Management (MFAM) Corporation , a new, separate asset management company with a mandate to build and manage a diversified portfolio to support the mission of the Mastercard Foundation and the work of its partners over the long term.
  • The Mastercard Foundation was established in 2006 through the generosity of Mastercard Incorporated (NYSE: MA), which gifted the Mastercard Foundation common shares as part of its initial public offering.
  • The Mastercard Foundation now requires a dedicated asset management team to manage and diversify the Mastercard Foundation's growing investment portfolio.
  • MFAM was established by the Mastercard Foundation as a separate entity with a separate Board of Directors and management team.

MASTERCARD FOUNDATION INTRODUCES MFAM, A NEW SEPARATE ASSET MANAGEMENT COMPANY, TO SUPPORT ITS PHILANTHROPIC MISSION

Retrieved on: 
Jeudi, mai 2, 2024
Education, Mastercard, Harvard University endowment, Mass, Mass General Brigham, Mastercard Foundation, Organization, Financial services

TORONTO, May 2, 2024 /PRNewswire/ -- The Mastercard Foundation today introduced the Mastercard Foundation Asset Management (MFAM) Corporation, a new, separate asset management company with a mandate to build and manage a diversified portfolio to support the mission of the Mastercard Foundation and the work of its partners over the long term. The Mastercard Foundation is a registered Canadian charity and one of the largest private foundations in the world. It works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work.

Key Points: 
  • TORONTO, May 2, 2024 /PRNewswire/ -- The Mastercard Foundation today introduced the Mastercard Foundation Asset Management (MFAM) Corporation , a new, separate asset management company with a mandate to build and manage a diversified portfolio to support the mission of the Mastercard Foundation and the work of its partners over the long term.
  • The Mastercard Foundation was established in 2006 through the generosity of Mastercard Incorporated (NYSE: MA), which gifted the Mastercard Foundation common shares as part of its initial public offering.
  • The Mastercard Foundation now requires a dedicated asset management team to manage and diversify the Mastercard Foundation's growing investment portfolio.
  • MFAM was established by the Mastercard Foundation as a separate entity with a separate Board of Directors and management team.

African Diaspora Network (ADN) Announces Pivotal Partnership with Prosper Africa to Strengthen Economic Ties Between Africa and the USA

Retrieved on: 
Jeudi, mars 14, 2024
Climate change, Organization, LG, Sköll, Bill, Partner (business rank), Partnership, Advisory Council, Conrad N. Hilton Foundation, Hayes Mansion, Knowledge, USAID, DNA, African studies, Mastercard Foundation, EY, Life, Global Fund for Women, IOM, Silicon, Damilola Adegbite, Millennium, Ecosystem, ADN, Renewable energy

SILICON VALLEY, Calif., March 14, 2024 /PRNewswire-PRWeb/ -- African Diaspora Network (ADN) announces a pivotal partnership with Prosper Africa, dedicated to bolstering strategic and economic relations between the U.S. and Africa.

Key Points: 
  • SILICON VALLEY, Calif., March 14, 2024 /PRNewswire-PRWeb/ -- African Diaspora Network (ADN) announces a pivotal partnership with Prosper Africa, dedicated to bolstering strategic and economic relations between the U.S. and Africa.
  • Prosper Africa and ADN share the goal of fostering economic growth and prosperity in Africa and beyond.
  • Prosper Africa is reducing the risks and raising the returns on investing in Africa, and partnerships, like this with the African Diaspora Network, are exciting because they serve to do just that."
  • "The Prosper Africa and ADN collaboration aims to elevate awareness of available tools and resources for businesses seeking to navigate U.S. and African markets effectively.

Africa CDC and Mastercard Foundation launch phase 2 of the Saving Lives and Livelihoods (SLL) initiative to strengthen Africa’s public health systems

Retrieved on: 
Samedi, décembre 30, 2023
Workforce, CDC, Partnership, Pandemic, Community, WHO, Vaccine, Health, Vaccination, Laboratory, COVID-19, Public, Mastercard Foundation, Mastercard, KPMG, Therapy, Pharmaceutical industry

The Saving Lives and Livelihoods initiative, a bold and unprecedented $1.5 billion partnership, was launched in June 2021.

Key Points: 
  • The Saving Lives and Livelihoods initiative, a bold and unprecedented $1.5 billion partnership, was launched in June 2021.
  • The partnership has also trained, equipped, and deployed 38,000 health workers, creating a robust frontline in safeguarding public health locally.
  • "Our Saving Lives and Livelihoods initiative with the Mastercard Foundation has shown the power of respectful and action-oriented partnerships rooted in collaboration, coordination and systems strengthening.
  • Africa CDC and the Mastercard Foundation remain committed to improving the health and well-being of all Africans.

Africa CDC and Mastercard Foundation Launch Phase 2 of the Saving Lives and Livelihoods (SLL) Initiative to Strengthen Africa's Public Health Systems

Retrieved on: 
Mercredi, novembre 29, 2023
Workforce, CDC, Partnership, Pandemic, WHO, Vaccine, Health, Vaccination, Laboratory, COVID-19, Public, Mastercard Foundation, Mastercard, KPMG, Therapy, Pharmaceutical industry

The Saving Lives and Livelihoods initiative, a bold and unprecedented $1.5 billion partnership, was launched in June 2021.

Key Points: 
  • The Saving Lives and Livelihoods initiative, a bold and unprecedented $1.5 billion partnership, was launched in June 2021.
  • The partnership has also trained, equipped, and deployed 38,000 health workers, creating a robust frontline in safeguarding public health locally.
  • "Our Saving Lives and Livelihoods initiative with the Mastercard Foundation has shown the power of respectful and action-oriented partnerships rooted in collaboration, coordination and systems strengthening.
  • Africa CDC and the Mastercard Foundation remain committed to improving the health and well-being of all Africans.

Heifer International and Mastercard Foundation Partner to Expand Employment Opportunities in Agriculture for Youth in Uganda

Retrieved on: 
Lundi, novembre 20, 2023
Woman, Agriculture, Employment, Heifer International, Ageing, Mastercard, Disability, Heifer, Horticulture, Person, Partnership, Poverty, Mastercard Foundation, SAYE, Cattle, Poultry, Dairy, Busoga

KAMPALA, Uganda, Nov. 20, 2023 /PRNewswire/ -- Heifer International and the Mastercard Foundation will extend their collaboration in a new partnership to expand access to agribusiness opportunities for over 250,000 young people in Uganda.

Key Points: 
  • KAMPALA, Uganda, Nov. 20, 2023 /PRNewswire/ -- Heifer International and the Mastercard Foundation will extend their collaboration in a new partnership to expand access to agribusiness opportunities for over 250,000 young people in Uganda.
  • The Stimulating Agriculture for Youth Employment (SAYE) project, led by Heifer International and local partners, will run from 2023 to 2029 in the Busoga sub-region of Eastern Uganda.
  • To date, Heifer Uganda has supported over 6 million families across the country through agriculture and environmentally-sound economic development programs.
  • Heifer Uganda is currently present in 19 districts of the Central, Eastern, West Nile and Northern regions.

Africa's New Narrative Squad: Extraordinary Young Africans Architecting the Continent’s Image

Retrieved on: 
Mardi, septembre 26, 2023
Teens, Thought Leadership, Professional Services, Other Travel, Generation Z, Generation X, Consumer, Other Professional Services, Travel, Heart, White House, Partnership, Employment, United Nations, Mastercard, Life, Culture, Policy, Woman, Multimedia, History, United Nations General Assembly, United States Department of State, CNN, White, Creativity, Diplomatic rank, Cabinet, Portrait, African Union, Mastercard Foundation, Growth, African Americans, Organization, Entertainment, Nightclub, Tourism, African

In the inspiring stories of exceptional young Africans, we find narratives that defy expectations and illuminate the boundless potential of the continent.

Key Points: 
  • In the inspiring stories of exceptional young Africans, we find narratives that defy expectations and illuminate the boundless potential of the continent.
  • The session celebrated young African women trailblazers shattering conventions and challenging preconceived notions of Africa and its impact on the global stage.
  • The potential of young people to drive transformation is at the heart of this evolving narrative.
  • With some of the world's fastest-growing economies and a young, digitally connected population reshaping the global landscape, we recognize that exceptional young Africans like these are not merely rewriting the narrative; they are shaping our shared future.

Global Africa Business Initiative announces world-class lineup for ‘Unstoppable Africa’ 2023 event

Retrieved on: 
Mardi, septembre 12, 2023
State, Partnership, Rockefeller Foundation, Stern Global Programs, United Nations, InterAction Council of Former Heads of State and Government, National Basketball Players Association, Food, Exim Bank, United Nations General Assembly, Government, Assistant, Natural Resources, Athlete, United Nations Global Compact, Climate change, Buffett Foundation, NBPA, Digital transformation, Department of Space, Summa Group, African Union, Mastercard Foundation, Empowerment, African, Social media, U.N, Renewable energy, Tourism

New York, USA, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The Global Africa Business Initiative (GABI), the leading platform for promoting business, trade, and investment across the continent, is pleased to announce the lineup for its flagship event ‘Unstoppable Africa’ on 21–22 September 2023.

Key Points: 
  • New York, USA, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The Global Africa Business Initiative (GABI), the leading platform for promoting business, trade, and investment across the continent, is pleased to announce the lineup for its flagship event ‘Unstoppable Africa’ on 21–22 September 2023.
  • ‘Unstoppable Africa’ is a powerful affirmation of GABI’s unwavering commitment to redefining Africa’s economic narrative for Africa and the world.
  • The event boasts a diverse and influential lineup of speakers, each representing a distinct facet of Africa’s dynamic business ecosystem.
  • For more information on the Global Africa Business Initiative and the program for September's “Unstoppable Africa” event, please visit GABI’s Official Website.

Mastercard Foundation Proposes Diversified Investment Strategy to Deliver on Long-Term Philanthropic Goals

Retrieved on: 
Vendredi, juin 16, 2023
Professional Services, Philanthropy, Technology, Finance, Foundation, Networks, Banking, MOI, Multimedia, Deed of gift, Mastercard Foundation, Growth, Appendix, NYSE, Pharmaceutical industry, Financial services, Mastercard

Once the order is granted, the changes are expected to deliver greater flexibility in the Foundation’s long-term investment and operational strategy to support its philanthropic mission.

Key Points: 
  • Once the order is granted, the changes are expected to deliver greater flexibility in the Foundation’s long-term investment and operational strategy to support its philanthropic mission.
  • The performance of Mastercard’s stock over the past 17 years has led to the Mastercard Foundation developing into one of the largest charitable foundations globally with assets of approximately US$37 billion.
  • The growth of the value of the Mastercard stock has enabled the Foundation to pursue its mission and create lasting impact.
  • The Foundation currently plans to sell the Mastercard stock over seven years and retain a significant overweight holding of Mastercard in its portfolio.

Hult EF Corporate Education Selected by Amazon as Education Partner for Career Choice Program

Retrieved on: 
Mardi, mars 14, 2023
Language, Hult International Business School, Mastercard Foundation, United Kingdom, Education, EF Education First, Learning, Mastercard, Acquisition, Hult, Student, Olympic Games, Indian Olympic Association, EF, Smartphone, Special Olympics, Tutoring, Management, Amazon

ZURICH, March 14, 2023 /PRNewswire/ -- Hult EF Corporate Education (Hult EF) announced it has been selected as an education partner for Amazon's Career Choice program, providing Amazon's employees access to a comprehensive, purpose-built English language training program in Australia, France, Ireland, South Africa, and the United Kingdom. The offering includes personalized English instruction catered to each student's short and long-term goals. The program is available via computer or smartphone, and features teacher-led lessons and study materials, including access to unlimited group classes that empower students to practice speaking English in real-life scenarios alongside fellow language learners.

Key Points: 
  • ZURICH, March 14, 2023 /PRNewswire/ -- Hult EF Corporate Education (Hult EF) announced it has been selected as an education partner for Amazon's Career Choice program , providing Amazon's employees access to a comprehensive, purpose-built English language training program in Australia, France, Ireland, South Africa, and the United Kingdom.
  • Amazon's Career Choice program is an education benefit that empowers employees to learn new skills for career success at Amazon or elsewhere.
  • "We're looking forward to Hult EF coming on board as an education partner for Career Choice, adding to the hundreds of best-in-class offerings available to our employees," said Tammy Thieman, Global Program Lead of Amazon's Career Choice program.
  • For more information about Amazon's Career Choice, visit: https://www.aboutamazon.com/news/workplace/career-choice
    For more information about Hult EF Corporate Education, visit: www.hultef.com
    Hult EF Corporate Education provides corporations and governments with language and communication training, coaching and executive education expertise from internationally acclaimed and triple-accredited business school, Hult International Business School, and the world's leading private education company, EF Education First.