Global Trust And Foundations Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
26 Aug, 2021
The trust and foundations market consists of sales of trust and foundations services by entities (organizations, sole traders and partnerships) that operate grant-making foundations or charitable trusts. Only goods and services traded between entities or sold to end consumers are included.
Global Trust And Foundations Market Size And Drivers:
The global trust and foundations market is expected to grow from $160.28 billion in 2020 to $164.9 billion in 2021 at a compound annual growth rate (CAGR) of 2.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $220.12 billion in 2025 at a CAGR of 7.5%. An increase in charity by people to several foundations is driving the market of trust and foundations.
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Trends In The Global Trust And Foundations Market
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.
Global Trust And Foundations Market Segments:
The global trust and foundations market is further segmented based on type, type of donors, frequency of donation and geography.
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
By Type Of Donors: Small Scale Donor, Mid-Scale Donor, Major Donors
By Frequency Of Donation: Recurring Donors, Lapsed Donors, New Donors
By Geography: The global trust and foundations market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Trust And Foundations Market At:https://www.thebusinessresearchcompany.com/report/trust-and-foundations-global-market-report-2020-30-covid-19-growth-and-change
Trust And Foundations Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides trust and foundations market overviews, analyzes and forecasts market size and growth for the global trust and foundations market, trust and foundations market share, trust and foundations market players, trust and foundations market segments and geographies, trust and foundations market’s leading competitors’ revenues, profiles and market shares. The trust and foundations market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.