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Strong Growth Ahead: Trust And Foundations Market Size To Grow At Arecord 5.4% Cagr By 2029
Trust And Foundations Market Size
How Big Is the Trust And Foundations Market Size Expected to Be by 2034?
The trust and foundations market has experienced strong growth, expected to increase from $173.88 billion in 2024 to $184.49 billion in 2025, with a CAGR of 6.1%. The growth is driven by the aging population, rising demand for minimally invasive eye surgeries, increased disposable income, heightened awareness of ophthalmic medical lasers, and a rise in myopia cases.
The trust and foundations market is set to grow steadily, reaching $228 billion by 2029 at a CAGR of 5.4%. Growth drivers include the rise of ESG (Environmental, Social, and Governance) investing, digital transformation, collaborative philanthropy, and social entrepreneurship. Prominent trends include increased funding for urgent needs, data-driven philanthropy, diversity, equity, and inclusion (DEI) initiatives, and strategic partnerships.
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What Are the Emerging Segments Within 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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What Long-Term Drivers Are Shaping Trust And Foundations Market Trends?
Charitable contributions by individuals and families are supporting the growth of the trust and foundations market. The National Philanthropic Trust reports that around 64% of high-net-worth households donate to charity. According to Giving USA, foundations contributed $105.21 billion to charities in 2022, marking a 2.5% increase over 2021, thus helping to expand the market.
Who Are the Top Competitors in Key Trust And Foundations Market Segments?
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
What Are the Major Trends Shaping the Trust And Foundations Market?
Corporate social responsibility (CSR) initiatives are contributing funds to help organizations like Help Age India, which aids elderly citizens lacking support. The nonprofit focuses on providing medical services, advocating against elder abuse, and running large-scale healare programs, including cataract surgeries for seniors across India.
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Which Regions Are Becoming Hubs for Trust And Foundations Market Innovation?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Trust And Foundations Market?
2. What is the CAGR expected in the Trust And Foundations Market?
3. What Are the Key Innovations Transforming the Trust And Foundations Industry?
4. Which Region Is Leading the Trust And Foundations Market?
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