Series - Editorial Fellowship: Transforming Funding Models

Mastercard Foundation makes historic $500 million commitment to Indigenous education. Will it be Indigenous-led?

Author Gabe Oatley
Mastercard Foundationโ€™s pledge is likely the largest-ever private philanthropic commitment to support Indigenous communities in Canadian history.

Why It Matters

Less than 1 percent of all philanthropic donations in Canada support Indigenous charities. A new donation commitment of $500 million could provide a dramatic boost to the capacity of a cohort of Indigenous initiatives across the country.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Mastercard Foundation makes historic $500 million commitment to Indigenous education. Will it be Indigenous-led?. Mastercard Foundation\u2019s office, located at 250 Yonge St. in Toronto in Sept. 2021 (Google Images)\u00a0 This journalism \u200b\u200bis made possible by the Future of Good editorial fellowship covering the social impact world\u2019s rapidly changing funding models, supported by Future of Good, Community Foundations of Canada, and United Way Centraide Canada. See our editorial ethics and standards here . On Tuesday, the Mastercard Foundation, Canada\u2019s only \u2018mega foundation\u2019, pledged $500 million to support Indigenous education, employment and entrepreneurship initiatives across the country.\u00a0 The funding, offered throu

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