<SEC-DOCUMENT>0000895345-20-000320.txt : 20200312
<SEC-HEADER>0000895345-20-000320.hdr.sgml : 20200312
<ACCEPTANCE-DATETIME>20200312172453
ACCESSION NUMBER:		0000895345-20-000320
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200312
DATE AS OF CHANGE:		20200312

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Mastercard Inc
		CENTRAL INDEX KEY:			0001141391
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				134172551
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-79600
		FILM NUMBER:		20709865

	BUSINESS ADDRESS:	
		STREET 1:		2000 PURCHASE STREET
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
		BUSINESS PHONE:		9142492000

	MAIL ADDRESS:	
		STREET 1:		2000 PURCHASE STREET
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MASTERCARD INC
		DATE OF NAME CHANGE:	20010525

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Mastercard Foundation
		CENTRAL INDEX KEY:			0001421897
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		250 YONGE STREET
		STREET 2:		SUITE 2400
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5B 2L7
		BUSINESS PHONE:		416-214-2857

	MAIL ADDRESS:	
		STREET 1:		250 YONGE STREET
		STREET 2:		SUITE 2400
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5B 2L7

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MasterCard Foundation
		DATE OF NAME CHANGE:	20071220
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>lb13g-masterinc_masterfond.htm
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">WASHINGTON, D.C. 20549</div>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">SCHEDULE 13G</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(Rule 13d-102)</div>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">INFORMATION TO BE INCLUDED</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">IN STATEMENTS FILED PURSUANT</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">TO RULES 13d-1(b), (c), AND</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(d) AND AMENDMENTS THERETO</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">FILED PURSUANT TO RULE 13d-2</div>
    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(AMENDMENT NO. 9)*</div>
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            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Class A common stock</div>
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            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">December 31, 2019</div>
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            <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(Date of Event Which Requires Filing of this Statement)</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font> Rule 13d-1(b)</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9746;</font> Rule 13d-1(c)</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font> Rule 13d-1(d)</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any
      subsequent amendment containing information which would alter the disclosures provided in a prior cover page.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">The information required in the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or
      otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes)</div>
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            <div style="font-weight: bold; text-align: left;">NAMES OF REPORTING PERSONS</div>
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mastercard Foundation</div>
              &#160;</div>
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            <div style="text-align: left;">(b)<font style="font-family: ''Times New Roman'';">&#9744;</font></div>
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            <div style="font-weight: bold; text-align: left;">SEC USE ONLY</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: center;">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</div>
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            <div style="font-size: 18pt; font-weight: bold; text-align: center;">5</div>
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          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 80.18%;">
            <div style="font-weight: bold; text-align: left;">SOLE VOTING POWER</div>
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            <div style="text-align: left;">&#160;</div>
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          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><br>
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              <font style="font-family: 'Times New Roman'; font-size: 10pt;">111,871,927 </font><br>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="font-size: 18pt; font-weight: bold; text-align: center;">6</div>
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          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 80.18%;">
            <div style="font-weight: bold; text-align: left;">SHARED VOTING POWER</div>
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          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
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          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
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          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
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          <td style="border-right: #000000 1pt solid; vertical-align: top; border-bottom: #000000 1pt solid; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
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          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; width: 6.36%;" rowspan="3">
            <div style="font-size: 18pt; font-weight: bold; text-align: center;">7</div>
          </td>
          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 80.18%;">
            <div style="font-weight: bold; text-align: left;">SOLE DISPOSITIVE POWER</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"> <br>
              </div>
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt;">111,871,927 </font><br>
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            <div style="text-align: left;">&#160;</div>
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          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="text-align: left;">&#160;</div>
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            <div style="font-size: 18pt; font-weight: bold; text-align: center;">8</div>
          </td>
          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 80.18%;">
            <div style="font-weight: bold; text-align: left;">SHARED DISPOSITIVE POWER</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
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          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; padding-left: 2pt; border-left: #000000 1pt solid; width: 80.18%;" rowspan="2">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
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          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; border-bottom: #000000 1pt solid; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; width: 6.36%;" rowspan="3">
            <div style="font-size: 18pt; font-weight: bold; text-align: center;">9</div>
          </td>
          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 89.86%;" colspan="3">
            <div style="font-weight: bold; text-align: left;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; padding-left: 2pt; border-left: #000000 1pt solid; width: 89.86%;" rowspan="2" colspan="3">
            <div style="text-align: left;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"> <br>
              </div>
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt;">111,871,927(1)</font> <br>
              </div>
            </div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; border-bottom: #000000 1pt solid; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; width: 6.36%;" rowspan="3">
            <div style="font-size: 18pt; font-weight: bold; text-align: center;">10</div>
          </td>
          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 89.86%;" colspan="3">
            <div style="font-weight: bold; text-align: left;">CHECK IF THE AGGREGATE AMOUNT IN ROW (9)&#160;EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: middle; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; width: 89.86%;" rowspan="2" colspan="3">
            <div style="font-family: 'Times New Roman'; text-align: left;">&#9744;</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; border-bottom: #000000 1pt solid; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; width: 6.36%;" rowspan="3">
            <div style="font-size: 18pt; font-weight: bold; text-align: center;">11</div>
          </td>
          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 89.86%;" colspan="3">
            <div style="font-weight: bold; text-align: left;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; padding-left: 2pt; border-left: #000000 1pt solid; width: 89.86%;" rowspan="2" colspan="3">
            <div style="text-align: left;"><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">11.2%(2)</font> <br>
            </div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; border-bottom: #000000 1pt solid; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; border-left: #000000 1pt solid; width: 6.36%;" rowspan="3">
            <div style="font-size: 18pt; font-weight: bold; text-align: center;">12</div>
          </td>
          <td style="vertical-align: middle; border-left: #000000 1pt solid; width: 89.86%;" colspan="3">
            <div style="font-weight: bold; text-align: left;">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; padding-left: 2pt; border-left: #000000 1pt solid; width: 89.86%;" rowspan="2" colspan="3">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="vertical-align: middle; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: middle; border-bottom: #000000 1pt solid; width: 2.05%;">
            <div style="text-align: left;">&#160;</div>
          </td>
          <td style="border-right: #000000 1pt solid; vertical-align: top; border-bottom: #000000 1pt solid; width: 1.74%;">
            <div style="text-align: left;">&#160;</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb4da6f992d3c45d88676297eeea0a6ec" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 3.62%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(1)</div>
          </td>
          <td style="width: 96.38%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">As of December 31, 2019.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.62%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(2)</div>
          </td>
          <td style="width: 96.38%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Based on the number of shares outstanding of Mastercard Incorporated&#8217;s Class A common stock as of December 31, 2019.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div> <br>
  </div>
  <div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z794a57a8198c4a4d99a4ca649f8d097f" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 1(a).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Name of Issuer:</div>
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    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mastercard Incorporated</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zb5978149878c4315b1817ea0550c233a" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 1(b).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Address of Issuer&#8217;s Principal Executive Offices:</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">2000 Purchase Street</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Purchase, New York 10577</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;"> <br>
    </div>
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        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 2(a).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Name of Person Filing:</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mastercard Foundation</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z8ddc3d67a3054d9c83fc9731c1ce3d8f" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 2(b).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Address of Principal Business Office or, if none, Residence:</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mastercard Foundation</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">250 Yonge Street, Suite 2400</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Toronto Ontario M5B 2L7</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Canada</div>
    <div><br>
    </div>
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        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 2(c).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Citizenship:</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mastercard Foundation is incorporated under the laws of Canada.</div>
    <div><br>
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        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 2(d).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Title of Class of Securities:</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Class A common stock</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 2(e).</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">CUSIP Number:</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">57636Q 10 4</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 3.</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Not applicable.</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
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        <tr>
          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 4.</div>
          </td>
          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Ownership.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z16c55a333bb44f78bb7fa2310f6fc9d3" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 11.54%; vertical-align: middle;">&#160;</td>
          <td style="width: 3.85%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(a)</div>
          </td>
          <td style="width: 84.62%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Amount beneficially owned:&#160; 111,871,927 (1)</div>
          </td>
        </tr>

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    <div><br>
    </div>
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        <tr>
          <td style="width: 11.54%; vertical-align: middle;">&#160;</td>
          <td style="width: 3.85%; vertical-align: top;">
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          </td>
          <td style="width: 84.62%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Percent of class:&#160; 11.2% (2)</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z325814f76b55453384487f5ec0970901" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 11.54%; vertical-align: middle;">&#160;</td>
          <td style="width: 3.85%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(c)</div>
          </td>
          <td style="width: 84.62%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Number of shares as to which the person has:</div>
          </td>
        </tr>

    </table>
    <div><br>
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    <table cellspacing="0" cellpadding="0" id="z62b80dbd511f48a5b6ef36bb6b3a0319" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 15.38%; vertical-align: middle;">&#160;</td>
          <td style="width: 3.85%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(i)</div>
          </td>
          <td style="width: 80.77%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Sole power to vote or to direct the vote: 111,871,927 (1)</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zec35916f9a534dfe9907cc92de2a0b0a" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 15.38%; vertical-align: middle;">&#160;</td>
          <td style="width: 3.85%; vertical-align: top;">
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          </td>
          <td style="width: 80.77%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Shared power to vote or to direct the vote:&#160; 0</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zf38fd8cb9d7c4a0bb2e96c2272dda358" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 15.38%; vertical-align: middle;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(iii)</div>
          </td>
          <td style="width: 80.77%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Sole power to dispose or to direct the disposition of:&#160; 111,871,927 (1)</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z22c57fd0fb56410186317e316a8a054a" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 15.38%; vertical-align: middle;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(iv)</div>
          </td>
          <td style="width: 80.77%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Shared power to dispose or to direct the disposition of:&#160; 0</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z3294345b96ac4b33895dc0c5268e473b" style="font-family: Arial, sans-serif; font-size: 9pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 9.64%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(1)</div>
          </td>
          <td style="width: 90.36%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">As of December 31, 2019.</div>
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          <td style="width: 9.64%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">(2)</div>
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          <td style="width: 90.36%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Based on the number of shares outstanding of Mastercard Incorporated&#8217;s Class A common stock as of December 31, 2019.</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 5.</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Ownership of Five Percent or Less of a Class.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Not Applicable.</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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          <td style="width: 11.54%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 6.</div>
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          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Ownership of More Than Five Percent on Behalf of Another Person.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Not Applicable.</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 7.</div>
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          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Not Applicable.</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 8.</div>
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          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Identification and Classification of Members of the Group.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Not Applicable.</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 9.</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Notice of Dissolution of Group.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Not Applicable.</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
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            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 10.</div>
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          <td style="width: 88.46%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Certifications.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose
      of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.</div>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">SIGNATURE</div>
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    <div style="text-indent: 54pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
      complete and correct.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Dated:&#160; &#160;&#160;March 12, 2020</div>
    <div>&#160;
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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            <td style="width: 34.76%; vertical-align: top;" colspan="2">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mastercard Foundation</div>
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            <td style="width: 15.81%; vertical-align: top;">&#160;</td>
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
            </td>
            <td style="width: 34.76%; vertical-align: top;" colspan="2">&#160;</td>
            <td style="width: 15.81%; vertical-align: top;">&#160;</td>
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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            <td style="width: 3.71%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">By:</div>
            </td>
            <td style="width: 31.06%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;/s/ David Marlow</div>
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
            </td>
            <td style="width: 3.71%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
            </td>
            <td style="width: 31.06%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Name:&#160;&#160;&#160;David Marlow</div>
            </td>
            <td style="width: 15.81%; vertical-align: top;">&#160;</td>
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              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
            </td>
            <td style="width: 31.06%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Title:&#160;&#160;&#160;&#160; Chief Operating Officer</div>
            </td>
            <td style="width: 15.81%; vertical-align: top;">&#160;</td>
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      <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#160;</div>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">[<font style="font-style: italic;">Signature Page to Schedule 13G</font>]</div>
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