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In May 2006, Mastercard Incorporated held its initial public offering (IPO) that valued it at about US$5.6 billion; [7] as part of the IPO, Mastercard Inc. donated 13.5 million shares, expected to be worth an initial US$600 million (equivalent to US$906.8 million in 2023), to a newly created independent charitable foundation to be named the Mastercard Foundation.
Bill & Melinda Gates Foundation United States: Seattle: $50.2 billion 2000 [6] 4 Wellcome Trust United Kingdom: London: $42.8 billion £34.6 billion 1936 [7] 5 Stichting INGKA Foundation Netherlands: Leiden: $37.3 billion €34.3 billion 1982 [8] 6 Mastercard Foundation Canada: Toronto: $31.5 billion 2006 [9] 7 Fundación La Caixa Spain: Palma ...
The Mastercard International Global Headquarters is an office building located at 2000 Purchase Street in the hamlet of Purchase, New York. It was constructed in the early 1980s as part of a movement of large corporations onto suburban estate settings, and has been called the "architectural jewel of Westchester ".
In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [34]
Along with Africa Hall, the UNECA headquarters, the Addis Ababa city hall was one of the two projects designed to demonstrate, in the words of Emperor Haile Selassie, “that it is possible to construct grand buildings here too [in Ethiopia], by erecting a couple of high-profile structures.
TechnoServe and the Mastercard Foundation have partnered on an $11.5 million, four-year program beginning in 2011 to help rural young women and men in East Africa transition to economic independence. The Strengthening Rural Youth Development through Enterprise (STRYDE) program delivers a comprehensive package of services including skills ...
The Pre-MEST Program is an early-stage training program by MEST in partnership with Mastercard Foundation. The program targets young people with the desire to build their technology and business acumen. By learning the new technical skills needed to start a successful company or add value to existing employers.
[6] [7] In December 2019 the Group established a representative office in Ethiopia, through its Djibouti subsidiary. [3] In July 2022, Exim Bank Tanzania acquired First National Bank of Tanzania , bringing total group assets to TZS 2.4 trillion (US$1.033+ billion).