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Trust And Foundations Market Report 2024: Strategies And Recent Developments | United Way Worldwide, Feeding America, Task Force for Global Health, Salvation Army, American Red Cross, St. Jude Children's Research Hospital, Americares Foundation, Food For
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Trust And Foundations Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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%. The growth in the forecast period can be attributed to esg and impact investing, digital transformation, collaborative philanthropy, social entrepreneurship. Major trends in the forecast period include increased funding for urgent needs, data-driven philanthropy, diversity, equity, and inclusion (dei), strategic collaborations.
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Market Segmentation:
The main types of trust and foundations are grant making non-profit, public foundations, corporate foundations, company-sponsored foundations, grant making public charities, independent foundations, community foundations, private family foundations, art foundations, and operating foundations. The corporate foundation is an organization that is supported and created by a corporation. The different types of donors include small-scale donors, mid-scale donors, and major donors and involve various frequencies of donations such as recurring donors, lapsed donors, and new donors.
Major Driver - The Philanthropic Surge For Boosting The Trust And Foundations Market
An increase in charity by people to several foundations is driving the market of trust and foundations market. People are coming forward to help others in difficult times by providing any kind of assistance that can ease the life of the needy. According to the statistics provided by the National Philanthropic Trust (NPT), approximately 64% of high-net-worth households give to charity. The Giving USA report shows that Foundation increased $105.21 billion to charity in 2022, which was a 2.5% increase compared 2021. Therefore, an increase in charity by individuals, families, and personal foundations helps in driving the trust and foundation market growth.
Competitive Landscape:
Major companies operating in the trust and foundations market include United Way Worldwide, Feeding America, Task Force for Global Health, Salvation Army, American Red Cross, St. Jude Children's Research Hospital, Americares Foundation, Food For The Poor Inc., United States Fund for UNICEF, MAP International, Mount Sinai Health Systems, Save the Children Federation Inc., Mayo Clinic, Bill and Melinda Gates Foundation, Open Society Foundations, Ford Foundation, William and Flora Hewlett Foundation, Children's Investment Fund Foundation, United Nations Foundation, John D and Catherine T Macarthur Foundation, Conrad N. Hilton Foundation, Rockefeller Foundation, Gordon and Betty Moore Foundation, Novo Nordisk Foundation, Wellcome Trust, Silicon Valley Community Foundation, Garfield Weston Foundation, Church Commissioners for England, Andrew W. Mellon Foundation, David and Lucile Packard Foundation, Wallace Foundation, Kresge Foundation, Robert Wood Johnson Foundation, Annie E. Casey Foundation, Carnegie Corporation of New York, Charles Stewart Mott Foundation, Doris Duke Charitable Foundation, Getty Foundation, James Irvine Foundation, Joyce Foundation, McKnight Foundation, Nathan Cummings Foundation
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Top Trend - Corporate Social Responsibility (CSR) Initiatives And Individual Donations Are Supporting Help Age India's Mission For Senior Citizens
Funds are collected from generous individuals and also some companies as part of their Corporate Social Responsibility (CSR) activity. Help Age India, an Indian non-profit organization, helps senior citizens who do not have any support with such funds. The organization advocates for their necessities such as quality medical services, action against elder abuse, and many other activities at a public, state, and cultural level with Central and State governments. For instance, Help Age India conducted the largest healthcare program across India. It provided cataract surgeries to the elderly.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Trust And Foundations Market Characteristics
3. Trust And Foundations Market Trends And Strategies
4. Trust And Foundations Market - Macro Economic Scenario
5. Trust And Foundations Market Size And Growth
…..
27. Trust And Foundations Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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