How Global Trust And Foundations Market Players Should Strategize For 2022-2031
22 Feb, 2022
The global trust and foundations market size is expected to grow from $142.97 billion in 2021 to $154.92 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The growth in the market 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 trust and foundations market is expected to reach $204.47 billion in 2026 at a CAGR of 7.2%.
What is the Global Trust And Foundations Market?
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.
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What drives the Global Trust And Foundations Market?
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 with any kind of assistance that can ease the life of the needy. According to the statistics provided by the National Philanthropic Trust (NPT), approximately 90% of high net worth households give charity. NPT statistics show that Americans gave $449.64 billion to charity in 2019. Around 69% of total giving came from individuals and around 17% from foundations. Therefore, an increase in charity by individuals, family, and personal foundations helps in driving the growth trust and foundation market.
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https://www.thebusinessresearchcompany.com/report/trust-and-foundations-global-market-reportGlobal Trust And Foundations Market Segments
The global trust and foundations market is segmented:
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 regions covered in the trust and foundations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Trust And Foundations Global Market Report 2022provides market size and growth forecasts for the global trust and foundations market, global trust and foundations market share, trust and foundations market segments and geographies, trust and foundations market competitive landscape including 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.
Global Trust And Foundations Industry Playersinclude United Way Worldwide, Feeding America, Task Force for Global Health, Salvation Army, American National Red Cross, St. Jude Children's Research Hospital, Americares Foundation, Food for the Poor, United States Fund for UNICEF, MAP International, Mount Sinai Health Systems, Save the Children Federation, 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. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.