Analysts: Giving by Wealthy Would Decline Slightly Under Obama Budget Proposal

Experts said nonprofits such as universities and arts organizations that rely heavily on large donations from wealthy individuals are more likely to be impacted by the administration's proposal than food banks, shelters and other social service groups that raise money in smaller amounts.

Dean A. Zerbe, managing director of Alliant Group and a former senior tax counsel to the Senate Finance Committee who closely tracks the nonprofit sector, said Obama's proposal will impact the behavior of wealthy donors.