New report features philanthropic highlights and expanded investment in the nonprofit sector
Charleston, S.C.(January 13, 2014) — As a leading global provider of software and services designed for nonprofits, Blackbaud (NASDAQ: BLKB) continuously strives to drive positive change in the world through its commitment to corporate citizenship. Blackbaud today released its annual Corporate Citizenship Year in Review, featuring how it invested in the nonprofit sector in 2013, including its commitment to empowering employees, the #GivingTuesday movement, and A Billion+Change.
“From the beginning of #GivingTuesday we’ve been so fortunate to rely on the expertise, talent and data of the Blackbaud team,” said Henry Timms, interim executive director 92Y and founder of #GivingTuesday. “Not only have they helped track some of the progress, but they’ve helped shape overall strategy for the movement. We’re just at the beginning of #GivingTuesday, and we are really looking forward to partnering with them as we grow and improve our efforts.”
Blackbaud’s investment in nonprofits and social good
As a founding partner of #GivingTuesday, Blackbaud provided data on year-over-year giving results and helped drive the movement by amplifying the message to nonprofits, businesses and individuals.
As an ambassador for skills-based volunteerism on behalf of the A Billion+Change pro bono service initiative, Blackbaud hosted Camp Blackbaud, an employee-driven pro bono effort aimed at teaching disadvantaged children product development skills and introducing them to potential careers in technology.
As a part of its commitment to sharing high quality data with the sector, the company provided nonprofit sector research including The Blackbaud Index, which measures charitable giving to more than 3,900 organizations with $12 billion in annual revenue on a monthly basis.
Blackbaud recently launched BusinessDoingGood.com, a free, practical resource focused on helping small-to-mid-sized businesses build give-back programs into their organizations.
Blackbaud’s investment in its employees Blackbaud actively encourages its employees to get involved in their communities. Eighty-four percent of employees reported that Blackbaud’s work with nonprofits was important in their decision to join the company. Eighty-one percent of employees volunteer (21 percent serve on nonprofit boards or committees), both in traditional and skills-based volunteerism roles, giving an estimated 100,000 hours of service in a year.
“Working at Blackbaud means working with people who share a passion for doing good,” said Rachel Hutchisson, Blackbaud’s director of corporate citizenship and philanthropy. “We work hard to ensure we are living up to our employees’ expectations of the company, and I’m so proud to see our ‘commitment to corporate social responsibility’ in the top three strengths identified in our 2013 engagement survey.”
In 2013, Blackbaud and its employees also gave back by:
Making 72 grants to nonprofits where employees volunteer
Encouraging grassroots employee leadership through Blackbaud Cares
Participating in service days in Charleston, SC (Trident United Way Day of Caring) and Austin, TX (Spring and Fall Service Days, The Entrepreneur’s Foundation of Central Texas), and other team volunteer activities around the world
Hosting a national service day where employees participated in a variety of service activities in their home communities
“I volunteer as a mentor and it makes me feel connected to my community in a way I don’t normally get to feel,” said Meredith Cohen, a senior client success manager at Blackbaud and volunteer at Explore Austin. “Mentoring reminds me that sometimes all we need is someone to really hear us when we share. I work with nonprofits all day, and volunteering keeps at the top of my mind why our work is so impactful to the missions of the organizations we work with.”
In addition, this year Blackbaud will launch the Blackbaud Fellows program, which offers grants to nonprofit professionals to assist in their career development and will expand Camp Blackbaud to other locations and audiences in the United States.
About Blackbaud Serving the nonprofit and education sectors for 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 29,000 customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 education, animal welfare and other charitable causes. The company offers a full spectrum of cloud-based and on-premise software solutions and related services for organizations of all sizes including: fundraising, eMarketing, advocacy, constituent relationship management (CRM), financial management, payment services, analytics and vertical-specific solutions. Using Blackbaud technology, these organizations raise more than $100 billion each year. Recognized as a top company by Forbes, InformationWeek, and Software Magazine and honored by Best Places to Work, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, the Netherlands and the United Kingdom. For more information, visit www.blackbaud.com.
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Forward-looking Statements Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks related to our dividend policy and share repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.