Magazine article USA TODAY

Mr. President, I Will Not Be Giving to Charity

Magazine article USA TODAY

Mr. President, I Will Not Be Giving to Charity

Article excerpt

There is a strong likelihood that gifts to charitable organizations will decrease now that Pres. Barack Obama has been reelected, according to a national study sponsored by Dunham and Company, Dallas, Texas. The survey found that 21% of donors will decrease their giving with the President serving a second term.

Based on Giving USA data, charitable giving in the U.S. has seen a drop of historic proportions, from a high of $311,000,000,000 in 2007 to $274,-000,000,000 in 2009--and is struggling to recover, with $298,000,-000,000 reported for 2011. At the current pace, the Center on Philanthropy estimates it will take five years to regain 2007 levels.

"The survey showed that giving from the most generous households in America could take a significant hit; notes Rick Dunham, president and CEO. "A sizable 45% of conservative donors--which have been shown to be the most generous donors per capita in America by numerous studies, including one recently by The Chronicle of Philanthropy--said they will give less if Obama was reelected, and one in three donors age 60 or older, another key demographic, said the same. …

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