"Section of the Internal Revenue Code that assigns an association as charitable and tax-exempt. Associations qualifying under this segment incorporate strict, instructive, magnanimous, beginner athletic, logical or abstract gatherings, associations testing for public wellbeing, or associations engaged with counteraction of remorselessness to youngsters or creatures. Most associations looking for the foundation or corporate commitments secure a Section 501(c)(3) arrangement from the Internal Revenue Service (IRS). Note: The duty code presents a rundown of segments 501(c)(4-26)- to recognize other not-for-profit associations whose capacity isn't exclusively beneficent (e.g., expert or veterans associations, offices of a business, congenial social orders, etc.)."

According to the report, Online donor retention has become slightly easier is one of the primary growth factors for the market. A growing number of philanthropists is also expected to contribute significantly to the Philanthropy Funds market. Overall, applications of Philanthropy Funds, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Types of Funds, such as Donor-Advised Funds, is boosting the Philanthropy Funds market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The By source , such as Individual, is boosting the Philanthropy Funds market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Philanthropy Funds market identified that the demand is rising in many different parts of the world as "Implementation of new technologies and innovative processes for Philanthropy Funds".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Philanthropy Funds market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Philanthropy Funds market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.