Blackbaud, Inc. (Nasdaq: BLKB) today announced that an increasing number
of community foundations are turning to its solutions to build stronger
relationships with donors and professional advisors, improve financial
accountability, and enhance their web presence.
The San Diego Foundation, Silicon Valley Community Foundation, Minnesota
Community Foundation and The Saint Paul Foundation all recently selected
Blackbaud’s Community Foundation Solution including The
Financial Edge™ for financial management, The
Raiser’s Edge® for donor management, Blackbaud®
NetCommunity™ for website management, and Fusion Labs’ GrantedGE®
for grant management.
Serving all of San Mateo and Santa Clara counties, Silicon
Valley Community Foundation has $1.5 billion in assets under
management and 1,500 philanthropic funds. The Foundation, which serves
as a regional center for philanthropy, provides grants through donor
advised and corporate funds in addition to its own community endowment
fund.
"We went through a very thorough selection process and we found that
there was only one truly viable vendor to support our long-term goals,
and that was Blackbaud,” said Oris Miller, Silicon Valley Community
Foundation’s vice president of information systems. "Blackbaud offered
us a comprehensive suite of products and services designed specifically
for nonprofits with a solution set geared toward community foundations.
In addition to the breadth of functionality, Blackbaud also offers
robust support, training, and documentation, which is key to ongoing
success.”
Blackbaud also announced participation in two upcoming conferences.
Blackbaud will be a supporting exhibitor at The Council on Foundation’s
2009 Fall Conference for Community Foundations on October 5 to 7 in San
Antonio, Texas. The company is also participating in the Technology
Affinity Group’s 7th Annual Conference on November 9 to 12 in
San Antonio, Texas. Allison Van Diest, Blackbaud’s senior product
marketing manager will present a session at the event focused on making
the most of email marketing.
"It has been a pivotal year for community foundations as they work to
optimize their financial and stewardship operations, meet their web
objectives, and adapt to their changing roles in the nonprofit sector,”
said Marc Chardon, Blackbaud’s chief executive officer. "We too have
adapted, expanding our commitment to community foundations through new
product releases and partnerships, continually deepening our offering to
meet their unique needs.”
Nonprofits are already reaping the rewards of Blackbaud
Nonprofit Central™,
the company’s recently
released online nonprofit database developed for community foundations. Communities
Foundation of Texas recently helped raise $4 million for 349 Dallas
nonprofit organizations through the platform with its DonorBridge
site, far exceeding its expectations. The Foundation hopes to build on
that success with another campaign next spring.
Blackbaud also announced that Fusion Labs has joined the Blackbaud
Connect Partner Network as a Strategic Application Partner. Fusion
Labs GrantedGE and PROFFER™ products are widely-used for
grants management, online applications, and scholarships, and are
complimentary solutions to Blackbaud’s products.
"Our partnership with Blackbaud has allowed us to utilize our technology
expertise to achieve unparalleled integration with our Foundation
Marketplace products, resulting in better usability and greatly enhanced
customer support,” said Mark Hall, Fusion Labs’ chief business officer.
"Fusion Labs is committed to staying in sync with Blackbaud’s product
development team to continually expand our combined offering for
private, corporate, research, and community-based foundations. The
opportunity to work side by side with Blackbaud’s technologists ensures
our success in the timely delivery of new features and increased
functionality needed to support the evolving needs of these
organizations.”
GrantedGE enables foundations to maintain an online grants portal that
directly integrates with The Raiser’s Edge. "With the Blackbaud
solution, including GrantedGE, we will now be able to offer online grant
applications for nonprofits, and empower our donors with personalized
information and tools they need to make informed decisions on where to
invest their funds—all with less paper, and less data entry,” said Amy
Strom, Minnesota Community Foundation and The Saint Paul Foundation’s
technology manager.
Blackbaud’s solution for community foundations is the industry’s most
comprehensive and tightly integrated solution for foundations. More than
75 community foundations use components of, or the complete solution.
For more information, visit www.blackbaud.com/communityfoundations.
About Blackbaud
Blackbaud is the leading global provider of software and services
designed specifically for nonprofit organizations, enabling them to
improve operational efficiency, build strong relationships, and raise
more money to support their missions. Approximately 22,000 organizations
— including University of Arizona Foundation, American Red Cross, Cancer
Research UK, The Taft School, Lincoln Center, InTouch Ministries, Tulsa
Community Foundation, Ursinus College, Earthjustice, International Fund
for Animal Welfare, and the WGBH Educational Foundation — use one or
more Blackbaud products and services for fundraising,
constituent
relationship management, financial
management, website
management, direct
marketing, education
administration, ticketing,
business
intelligence, prospect
research, consulting,
and analytics.
Since 1981, Blackbaud’s sole focus and expertise has been
partnering with nonprofits and providing them the solutions they need to
make a difference in their local communities and worldwide.
Headquartered in the United States, Blackbaud also has operations in
Canada, the United Kingdom, and Australia. For more information, visit www.blackbaud.com.
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.