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Industry Landscape
The non-profit and NGO sector is dynamic, facing increasing demand for transparency and measurable impact. Digital transformation is key for fundraising and program delivery. Global challenges like climate change and social inequality drive continued growth and innovation, fostering cross-sector collaborations. Donor engagement models are evolving, emphasizing personalized and impact-driven contributions.
Total Assets Under Management (AUM)
Total Charitable Contributions in United States
~516.63 billion USD (2023)
(1.9% CAGR)
- Individual giving makes up the largest portion.
- Foundation giving shows consistent growth.
- Corporate giving is influenced by economic conditions.
Total Addressable Market
516.63 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Impact Measurement
AI and machine learning can analyze vast datasets to provide more accurate and real-time insights into the effectiveness and reach of non-profit programs, enhancing transparency and accountability.
Blockchain for Transparency
Distributed ledger technology can ensure immutable and transparent recording of donations and their expenditure, building greater trust with donors and stakeholders.
Virtual and Augmented Reality (VR/AR) for Engagement
Immersive technologies can create compelling narratives for fundraising and educational content, allowing donors and beneficiaries to experience program impact directly.
Impactful Policy Frameworks
Consolidated Appropriations Act, 2023 (P.L. 117-328)
This omnibus spending bill signed into law in December 2022 includes provisions affecting non-profits, such as specific appropriations for various aid programs and potential changes to federal grant processes.
It influences the funding available for various programs RASIT might pursue or partner on, and could alter the administrative requirements for federal grants.
Nonprofit Revitalization Act (NY) (Latest Amendments, 2023)
While a state law, recent amendments to New York's Nonprofit Revitalization Act (originally 2013) continue to shape governance, oversight, and operational requirements for non-profits incorporated or operating significantly in New York, a major hub for non-profits.
It directly impacts RASIT's governance and operational compliance requirements if it has a legal presence or significant operations in New York State, particularly concerning board oversight and financial management.
Information Blocking Rule (21st Century Cures Act, Final Rule effective 2021, ongoing compliance)
Stemming from the 21st Century Cures Act, this rule aims to prevent practices that interfere with the access, exchange, or use of electronic health information (EHI), which can impact NGOs involved in health-related humanitarian aid or research.
For RASIT's humanitarian aid or health-related programs, this policy mandates transparent data sharing, potentially streamlining collaboration with healthcare providers and improving data accessibility for beneficiaries.
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