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Nearly half of Obama donation from small donors: study

(Xinhua)

09:04, February 09, 2012

WASHINGTON, Feb. 8 (Xinhua) -- As the reelection campaign of U. S. President Barack Obama moves to court deep-pocketed donors, a new study released on Wednesday showed Obama's fundraising in 2011 is mainly driven by small donors, who gave him nearly half of the money he raised in the year.

Obama received 48 percent of his total haul in 2011 from individual donors contributing an "aggregated .. 200 dollars or less," totaling 56.7 million, The Campaign Finance Institute said in a news release.

Obama raised more than twice as much from small donors in 2011 as he did in 2007, when 22 percent of his 96.7 million came from small donors. The president also raised 33.4 million in 2011 from donors who gave 1,000 dollars or more.

Attracting small donors can mean more than money. "Because small donors can give again, and may be willing to serve as campaign volunteers, successful small donor fundraising can serve a political purpose that goes well beyond the reported dollars," said the institute.

Obama's small donor haul stood in contrast to the GOP field. All of the small-donor donations of the Republican 2012 presidential candidates combined, former and current, come to 38.1 million.

Mitt Romney, the front-runner for the GOP presidential nomination, has raised 56.3 million from all donors, with only 9 percent of his 2011 contributions came from small donors.

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