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Leading Element Driving Change in the Trust And Foundations Market in 2025: The Philanthropic Surge For Boosting The Trust And Foundations Market Driver
What Is the Estimated Market Size and Growth Rate for the Trust And Foundations Market?There has been a significant expansion in the size of the trusts and foundations market in the past few years. It is projected to enlarge from $173.88 billion in 2024 to $184.49 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%. Factors contributing to the growth during the historic period include an aging population, the rise in demand for less invasive eye surgical procedures, escalating disposable incomes, an increase in awareness about ophthalmic medical lasers, and a surge in cases of myopia.
In the coming years, the trust and foundations market is anticipated to experience robust expansion. The market is projected to ascend to the value of $228 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 5.4%. The growth during the projection period can be ascribed to factors such as ESG and impact investing, digital evolution, cooperative philanthropy, and social entrepreneurship. The forecast period will also witness major trends like augmented financing for critical needs, philanthropy inspired by data, diversity, equity and inclusion (DEI), and strategic partnerships.
What Are the Forces Behind the Rapid Growth of the Trust And Foundations Market?
The trust and foundation market is on the rise, powered by an increase in donations made by individuals to various charitable institutions. In challenging times, many are now choosing to support others by offering forms of assistance that can improve the recipients' lives. Data from the National Philanthropic Trust (NPT) reveals that around 64% of households with high net worth are donating to charity. A report from Giving USA stated that in 2022, foundation contributions reached $105.21 billion, marking a 2.5% increase from 2021. As such, the growth of the trust and foundation markets is largely due to more individuals, families, and personal foundations opting to increase their charitable donations.
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Who Are the Dominant Companies Influencing Trust And Foundations Market Trends?
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
How Is the Trust And Foundations Market Evolving?
Monies are obtained from philanthropic individuals and businesses through their Corporate Social Responsibility (CSR) initiatives. An Indian not-for-profit organization named Help Age India utilizes these funds to assist aged citizens who lack support. The organization lobbies for their needs like high-quality healthcare services, measures against elder mistreatment, and numerous other activities with Central and State governments on a public, state, and cultural platform. For example, Help Age India orchestrated the most extensive healthcare scheme throughout India, offering cataract surgeries to the elderly.
What Are the Different Segmentations in the Trust And Foundations Market?
The trust and foundations market covered in this report is segmented -
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
Subsegments:
1) By Grantmaking Non-Profit: Educational Grantmaking Organizations, Health-focused Grantmaking Organizations, Environmental Grantmaking Organizations
2) By Public Foundation: Federated Funds, Donor-Advised Funds
3) By Corporate Foundation: Philanthropic Foundations by Companies, Industry-specific Corporate Foundations
4) By Company-sponsored Foundation: Corporate Social Responsibility (CSR) Programs, Employee-driven Foundations
5) By Grantmaking Public Charities: Charitable Trusts, Direct Aid Charities
6) By Independent Foundations: Private Philanthropic Organizations, Endowment-driven Foundations
7) By Community Foundation: Regional Community Development Foundations, Local Impact-driven Foundations
8) By Private Family Foundation: Generational Wealth Philanthropy, Family-driven Endowments
9) By Arts Foundation: Performing Arts-focused Foundations, Visual Arts Philanthropy Organizations
10) By Operating Foundations: Research-focused Foundations, Educational Program-running Foundations
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Which Region Is at the Forefront of the Trust And Foundations Market?
Asia-Pacific was the largest region in the trust and foundations market in 2023. North America was the second-largest region in the trust and foundations market. The regions covered in the trust and foundations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Trust And Foundations Global Market Report?
- Market Size Analysis: Analyze the Trust And Foundations Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Trust And Foundations Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Trust And Foundations Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Trust And Foundations Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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