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Global Trust And Foundations Market Projected to Grow at 5.3% CAGR, Reaching $223.91 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Trust And Foundations Industry Market Size Be by 2025?
The market size of trusts and foundations has seen robust growth in the past few years. A growth from $173.2 billion in 2024 up to $182.19 billion by 2025 is expected, with a compound annual growth rate (CAGR) of 5.2%. Several factors can be attributed to this sustained growth during the historic period such as the increasing aging population, the preference for minimally invasive eye surgeries, growing disposable incomes, heightened awareness about ophthalmic medical lasers, and a rise in myopia cases.
What's the Long-Term Growth Forecast for the Trust And Foundations Market Size Through 2029?
The market size for trusts and foundations is forecasted to experience substantial expansion in the upcoming years, reaching $223.91 billion by 2029 with a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this growth during the projected period include ESG and impact investing, digital transformation, collaborative philanthropy, and social entrepreneurship. Other significant trends during this period are likely to be a rise in funding for pressing needs, data-focused philanthropy, emphasis on diversity, equity and inclusion (DEI), and strategic collaborations.
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What Are the Key Growth Drivers Fueling the Trust And Foundations Market Expansion?
The market for trusts and foundations is being propelled forward by a boost in donations made by individuals to various charitable institutions. Numerous individuals are stepping up to support others in trying times by providing whatever help they can to improve the circumstances of those in need. Based on data from the National Philanthropic Trust (NPT), it is estimated that about 64% of high-net-worth families make charitable contributions. The Giving USA report indicates that in 2022, donations to charity made by foundations escalated to $105.21 billion, marking a 2.5% rise from 2021. Consequently, the augmentation in charitable donations by private individuals, families, and personal foundations contributes to stimulating the growth of the trust and foundation market.
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What Are the Key Trends Driving Trust And Foundations Market Growth?
Monetary assistance is amassed from benevolent individuals and some corporations as a segment of their Corporate Social Responsibility (CSR) initiative. This support is utilized by Help Age India, a not-for-profit organization in India, to aid elderly persons who lack support systems. The group lobbies for their rights, needs, and demands such as high-quality healthcare, measures against elder abuse, and numerous other public, state, and cultural activities with both Central and State governments. An example of their work is the largest healthcare program in India initiated by Help Age India, which offered cataract surgeries to the elderly population.
How Is the Trust And Foundations Market Segmented?
The trust and foundationsmarket 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 Companies Are Leading the Charge in Trust And Foundations Market Innovation?
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
Which Regions Are Leading the Global Trust And Foundations Market in Revenue?
Asia-Pacific was the largest region in the trust and foundations market in 2024. 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
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