A new study says more Americans will decrease their charitable giving if President Obama wins reelection.
The survey by Campbell Rinker found that 21 percent of donors say they would decrease their giving if the president wins. About 16 percent said they'll give less if GOP nominee Mitt Romney is elected.
The survey was commissioned by Dunham+Company, a global consulting firm that specializes in helping nonprofits with their fundraising and marketing.
"The survey also showed that giving from the most generous households in America could take a significant hit depending on the election result," Rick Dunham, president and CEO of Dunham+Company, said in a press release.
"A sizeable 45 percent 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, say they will give less if Obama is re-elected," Dunham continued.
"And one in three donors age 60 or older, another key demographic, says the same," he said.
Also, 21 percent said they will give less if the president's health care law is allowed to stand. Only 11 percent said their support will decrease if it's repealed.
The survey found that protecting the charitable tax deduction would be another key factor for those who give. A net 31 percent of donors said they would reduce their giving if the deduction is changed.
Romney has been vague about how he will treat the charitable tax deduction for all earners. Obama said he wants to limit the deduction for high income earners.