Tools commonly used in the Foundation-Educ Philanthropic Research industry for day-to-day tasks and operations.

• Survey software
• Data analysis software
• Grant management software
• Project management software
• Statistical analysis software
• Bibliographic software
• Qualitative data analysis software
• Content analysis software
• Social network analysis software
• Geographic information system (GIS) software

Common products and services typical of NAICS Code 541720-06, illustrating the main business activities and contributions to the market.

• Educational foundations
• Philanthropic organizations
• Research institutions
• Non-profit organizations
• Think tanks
• Policy research centers
• Social science research centers
• Humanities research centers
• Educational research centers
• Grant-making foundations

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• 501(C)(3) Tax-Exempt Status: This certification is required for organizations that want to be exempt from federal income tax. It is provided by the Internal Revenue Service (IRS) and allows organizations to receive tax-deductible donations. [Explanation: This certification is important for organizations in the Foundation-Educ Philanthropic Research industry as it allows them to receive donations without having to pay federal income tax. It is provided by the IRS and requires organizations to meet certain criteria. ]
• Charitable Solicitation Registration: This certification is required for organizations that solicit donations from the public. It is provided by the state government and ensures that organizations are legitimate and use donations for their intended purposes. [Explanation: This certification is important for organizations in the Foundation-Educ Philanthropic Research industry as it allows them to solicit donations from the public legally. It is provided by the state government and requires organizations to register and provide certain information.]
• Grant Writing Certification: This certification is not required but is highly recommended for individuals who want to work in grant writing. It is provided by various organizations and demonstrates that an individual has the skills and knowledge to write successful grant proposals. [Explanation: This certification is important for individuals in the Foundation-Educ Philanthropic Research industry who want to work in grant writing. It is provided by various organizations and requires individuals to pass an exam or complete a training program. ]
• Certified Fund Raising Executive (CFRE): This certification is not required but is highly recommended for individuals who want to work in fundraising. It is provided by the CFRE International and demonstrates that an individual has the skills and knowledge to be an effective fundraiser. [Explanation: This certification is important for individuals in the Foundation-Educ Philanthropic Research industry who want to work in fundraising. It is provided by the CFRE International and requires individuals to have a certain amount of experience and pass an exam.]
• Institutional Review Board (IRB) Certification: This certification is required for organizations that conduct research involving human subjects. It is provided by the organization's IRB and ensures that research is conducted ethically and with the safety of human subjects in mind. [Explanation: This certification is important for organizations in the Foundation-Educ Philanthropic Research industry that conduct research involving human subjects. It is provided by the organization's IRB and requires organizations to follow certain guidelines and procedures. ]

A concise historical narrative of NAICS Code 541720-06 covering global milestones and recent developments within the United States.

• The "Foundation-Educ Philanthropic Research" industry has a long history dating back to the early 20th century. The establishment of the Rockefeller Foundation in 1913 marked a significant milestone in the industry's history. The foundation was created to promote the well-being of humanity through philanthropic efforts, including funding research in various fields, including education and social sciences. In the 1950s, the Ford Foundation became another major player in the industry, focusing on funding research in education and social sciences. In recent years, the industry has seen notable advancements, including the rise of crowdfunding platforms that allow individuals to support research projects directly. Additionally, the use of big data and artificial intelligence has revolutionized the way research is conducted, allowing for more efficient and accurate data analysis. In the United States, the "Foundation-Educ Philanthropic Research" industry has experienced significant growth in recent years. According to the National Center for Charitable Statistics, the number of foundations in the United States has increased by over 50% since 1990. The Bill and Melinda Gates Foundation, established in 2000, has become one of the largest foundations in the world, focusing on funding research in education and global health. The Chan Zuckerberg Initiative, founded by Mark Zuckerberg and Priscilla Chan in 2015, has also become a major player in the industry, focusing on funding research in education, science, and justice. Overall, the industry has played a crucial role in advancing research in various fields and promoting social welfare.

The anticipated future trajectory of the NAICS 541720-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Foundation-Educ Philanthropic Research industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for research and development in the social sciences and humanities. The industry is also expected to benefit from the growing interest in philanthropy and the increasing number of foundations and organizations that support research in these areas. Additionally, the industry is likely to benefit from the increasing availability of funding for research and development activities. Overall, the Foundation-Educ Philanthropic Research industry is expected to continue to grow and expand in the coming years.

Recent groundbreaking advancements and milestones in the Foundation-Educ Philanthropic Research industry, reflecting notable innovations that have reshaped its landscape.

• The Foundation-Educ Philanthropic Research industry has seen a recent innovation in the use of big data analytics to analyze and interpret large amounts of data related to social sciences and humanities research.
• Another recent innovation in the industry is the use of artificial intelligence and machine learning to automate and streamline research processes, making it easier and faster to conduct research in these areas.
• The industry has also seen an increase in the use of crowdfunding platforms to raise funds for research projects, allowing researchers to access funding from a wider range of sources.
• The development of new research methodologies and techniques, such as mixed-methods research and participatory action research, has also been an important recent innovation in the industry.
• Finally, the industry has seen an increase in the use of open access publishing models, which make research findings more widely available to the public and other researchers.