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  "documentTitle": "India Philanthropy Report 2012",
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      "text": "Our research shows that 57% of young philanthropists expect to increase their charitable contributions in 2012, compared with 49% of those over the age of 30.",
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      "text": "Average annual contribution as percentage of income",
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      "text": "In addition, young HNWIs have a notable interest in venture philanthropy. This model—similar to the Dasra Giving Circles—involves not only contributing financially to a nonprofit but also sustaining that investment and setting targets for the chosen organisation over several years. The aim is to build capabilities for the nonprofit to significantly enhance outcomes.",
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      "text": "While young philanthropists donate a smaller proportion of their own income to charitable causes, they are more likely than other age groups to increase their donations in the coming years. That positions them at the forefront of future growth.",
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      "text": "As their careers progress and their assets grow, young donors are committed to giving more. Our research shows that 57% of young philanthropists expect to increase their charitable contributions in 2012, compared with 49% of those over the age of 30. They also are slightly more interested in making larger donations over the next five years.",
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      "text": "Sources: Bain HNWI survey 2012, (n=247 HNWIs and n=151 emerging HNWIs); Bain Analysis",
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