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  "documentTitle": "India Philanthropy Report 2012",
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      "text": "Figure 1: Majority of HNWIs we surveyed are under 40, are newcomers to philanthropy and are from across the country",
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      "text": "HNWI respondent profile: 398",
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      "text": "This year's survey found that more than 70% of the donors were novices, with less than three years of philanthropic experience. More than a third of those surveyed were 30 years old or younger. Such data underscores the fact that Indian philanthropy is a nascent sector, with enormous room for growth and tremendous promise.",
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      "text": "A growing number of Indian HNWIs have both the means and the inclination to participate in philanthropy. A year ago, our research showed that India was a leader in private charitable giving among developing nations, with donations totaling between 0.3% and 0.4% of GDP.",
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      "text": "Note: Asset base refers to investable assets excluding primary residences, consumables and consumer durables; N/A are those who did not answer\nSource: Bain HNWI survey 2012, N=398",
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      "text": "1. Overview of current state",
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