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Trust And Foundations Market Research Analysis 2023-2032 | Growth, Size, Demand, Analysis, Insights
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.The Business Research Company presents an extensive market research report on the ""Trust And Foundations Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Trust And Foundations industry. This report on Trust And Foundations market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The trust and foundations market size has grown strongly in recent years. It will grow from $166.26 billion in 2023 to $175.37 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to wealth transfer, tax benefits, social impact, asset growth. The trust and foundations market size is expected to see strong growth in the next few years. It will grow to $214.61 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
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Key Market Players:
United Way Worldwide, Feeding America, Task Force for Global Health, Salvation Army, American Red Cross, St. Jude Children's Research Hospital.
Market Drivers:
According to the Trust And Foundations Market Report 2024 by The Business Research Company, The issue related to NGOs acting as a cover for illegal activities is expected to limit the growth of the trust and foundations market. The involvement of trust and foundations in illegal activities creates a negative image in society leading to a loss of confidence. For instance, in August 2022, it has been reported by New Vision that more than 200 refugee NGOs were operating illegally in Uganda. It was reported that these refugee settlements are operating without valid permits and valid memorandum of understanding (MOUs). When the verification was done, it was found that only 69 partners were fully authorized to implement request-response activities and around 208 were illegal.
More information about the Global Trust And Foundations Market Report -
https://www.thebusinessresearchcompany.com/report/trust-and-foundations-global-market-report
Market segments for Trust And Foundations include:
1) By Type: Grantmaking non-profit, Public Foundation, Corporate Foundation, Company-sponsored Foundation, Grantmaking Public Charities, Independent Foundations, Community Foundation, Private Family Foundation, Arts Foundation, Operating Foundations
2) By Type of Donors: Small Scale Donor, Mid Scale Donor, Major Donors
3) By Frequency of Donation: Recurring Donors, Lapsed Donors, New Donors
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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