Mastercard Foundation Updates Mastercard Inc. Stock Holdings

TL;DR

**Mastercard Foundation just updated its stake in Mastercard Inc., showing continued significant ownership.**

AI Summary

The Mastercard Foundation filed an Amendment No. 12 to its SC 13G filing on February 12, 2024, indicating its ownership of Mastercard Inc. Class A common stock as of December 31, 2023. This filing, under Rule 13d-1(c), updates their previous disclosures. For investors, this matters because the Mastercard Foundation is a significant, long-term holder of Mastercard stock, and changes in their holdings can signal their confidence in the company's future performance or strategic direction.

Why It Matters

This filing provides transparency into the Mastercard Foundation's continued significant ownership in Mastercard Inc., which can influence market perception and stability of the stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a long-term holder, indicating no immediate significant risk or change in company fundamentals.

Analyst Insight

An investor should note that the Mastercard Foundation remains a significant, long-term holder of Mastercard Inc. stock, which generally indicates stability. No immediate action is suggested by this routine amendment, but it's a data point for understanding major shareholder positions.

Key Players & Entities

• Mastercard Foundation (company) — the entity filing the SC 13G/A, reporting its ownership of Mastercard Inc. Class A common stock
• Mastercard Inc. (company) — the issuer of the Class A common stock being reported on
• December 31, 2023 (date) — the date of the event which required the filing of this statement
• February 12, 2024 (date) — the filing date of the SC 13G/A
• Amendment No. 12 (number) — the specific amendment number to the Schedule 13G

FAQ

From the Filing

0000895345-24-000040.txt : 20240212 0000895345-24-000040.hdr.sgml : 20240212 20240212082546 ACCESSION NUMBER: 0000895345-24-000040 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Mastercard Inc CENTRAL INDEX KEY: 0001141391 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 134172551 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79600 FILM NUMBER: 24617484 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 ORGANIZATION NAME: IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A 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 SC 13G/A 1 ff3013392_13ga12-mastercard.htm SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (AMENDMENT NO. 12)* Mastercard Incorporated (Name of Issuer)   Class A common stock (Title of Class of Securities)   57636Q 10 4 (CUSIP Number)   December 31, 2023 (Date of Event Which Requires Filing of this Statement)   Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☐ Rule 13d-1(b) ☒ Rule 13d-1(c) ☐ Rule 13d-1(d) *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. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) 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). 1 NAMES OF REPORTING PERSONS       Mastercard Foundation         2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a) ☐     (b) ☐     3 SEC USE ONLY               4 CITIZENSHIP OR PLACE OF ORGANIZATION       Canada         NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER       97,543,508         6 SHARED VOTING POWER      0         7 SOLE DISPOSITIVE POWER       97,543,508         8 SHARED DISPOSITIVE POWER      0         9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON       97,543,508 (1)         10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)     ☐         11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)       10.5% (2)         12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)       OO         (1) As of December 31, 2023. (2) Based on the number of shares ou