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  "documentTitle": "India Philanthropy Report 2012",
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  "notes": "The slide contrasts Indian HNWI donation rates with US benchmarks and notes the self-perception of Indian donors as novices compared to US counterparts.",
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      "text": "When compared with US donors, India’s HNWIs are newcomers to philanthropy.",
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      "text": "Average annual contribution as percentage of income for India (2010, 2011) vs US (2009)",
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      "text": "Average annual contribution as percentage of income: 3.1%",
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      "text": "It is heartening to note that charitable giving has continued to rise over the last twelve months, with HNWIs donating an increasing proportion of their wealth to charitable causes. The average contribution was 3.1% of total income in 2011, up from 2.3% during the previous year.",
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      "text": "When compared with US donors, India's HNWIs are newcomers to philanthropy. Nearly 80% of the HNWIs in our study view themselves as novice donors while 74% of their counterparts in the US consider themselves experienced.",
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      "text": "Sources: Bain India HNWI survey, May 2011 (n=91 HNWIs and n=82 emerging HNWIs); Bain HNWI survey 2012, (n=247 HNWIs and n=151 emerging HNWIs); Bain Analysis",
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      "text": "Figure 2: On an average, HNWIs donated 3.1% of their income in 2011—up from 2.3% in 2010",
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