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Trusts & Foundations Market Report 2024-2033 - Size, Growth, Key Trends & Analysis

Trusts & Foundations Market Report

Trusts & Foundations Market Report

The Business Research Company recently released a comprehensive report on the Global Trust And Foundations Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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 Drivers and Trends:

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.

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.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

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

Trust And Foundations Market 2024 Key Insights:

• 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 Philanthropic Surge For Boosting The Trust And Foundations Market
• Corporate Social Responsibility (CSR) Initiatives And Individual Donations Are Supporting Help Age India's Mission For Senior Citizens
• Asia-Pacific was the largest region in the trust and foundations market in 2023

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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