The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

 

The trust and foundations market has demonstrated robust growth in recent years, expanding from $166.26 billion in 2023 to $175.37 billion in 2024, representing a substantial compound annual growth rate (CAGR) of 5.5%. This growth in the historic period can be attributed to wealth transfer, tax benefits, social impact, and overall asset growth.

 

 

Gazing Into the Future

– Forecasted Growth:

The trust and foundations market is poised for continued strong growth, with projections indicating an expansion to $214.61 billion in 2028, driven by a CAGR of 5.2%. This growth in the forecast period is fueled by factors such as ESG (Environmental, Social, and Governance) and impact investing, digital transformation, collaborative philanthropy, and the rise of social entrepreneurship.

– Dominant Trends:

Major trends in the forecast period include increased funding for urgent needs, data-driven philanthropy, diversity, equity, and inclusion (DEI), and strategic collaborations. These trends showcase the evolving landscape of philanthropy and the growing focus on making a meaningful and measurable impact.

 

 

Corporate Social Responsibility as a Catalyst

– CSR Initiatives Driving Growth:

Elevated corporate social responsibility (CSR) is expected to play a pivotal role in propelling the growth of the trust and foundations market. Many companies actively engage in corporate philanthropy as part of their CSR initiatives, contributing to trusts and foundations to give back to society and enhance their positive brand image.

– Financial Impact:

In 2022, corporate giving reached $21.08 billion, marking a 3.4% increase from the previous year. This data, shared by the National Philanthropic Trust (NPT), underscores the substantial financial impact of corporate social responsibility, indicating a positive trajectory for the trust and foundations market.

 

 

Major Players Shaping the Landscape

– Industry Pioneers:

Major companies operating in the trust and foundations market include United Way Worldwide, Feeding America, Task Force for Global Health, American Red Cross, and many others. These organizations play a crucial role in shaping the landscape of philanthropy, driving impactful initiatives across various sectors.

 

 

Innovative Investment Strategies

– Diverse Investment Opportunities:

Major companies in the trust and foundations market are actively exploring new opportunities through investments in trusts. Investment enterprises are launching new trusts, leveraging the versatility and power of trusts in managing wealth, assets, and various aspects of business and financial planning.

– Capital Raising Success:

In 2021, investment enterprises experienced capital-raising success with the launch of 16 new trusts, as reported by Citywire, a UK-based financial publishing and information group. The specifics of trust usage vary, and consulting with financial and legal professionals is advisable when considering trust establishment or utilization.

 

 

Comprehensive Market Segmentation

– In-Depth Segmentation:

The trust and foundations market is segmented across various dimensions, offering a nuanced view of its diversity.

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

 

 

Regional Dominance – Asia-Pacific Takes the Lead

In 2023, Asia-Pacific emerged as the largest region in the trust and foundations market, indicating the region’s prominence in this philanthropic domain. This underscores the global nature of charitable endeavors and the diverse impact of trusts and foundations across different regions.

 

 

View More On The Trust And Foundations Market Report 2024 – https://www.thebusinessresearchcompany.com/report/trust-and-foundations-global-market-report

 

 

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The Trust And Foundations Global Market Report 2024 provides comprehensive insights on the trust and foundations market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the trust and foundations market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

 

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