Blackbaud to Ring the Nasdaq Closing Bell and
Highlight How Nonprofits, Education Institutions, and Corporations
are Making an Impact on this Giving Holiday and Year-Round
CHARLESTON, S.C., Dec. 2, 2024
/PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of
software for powering social impact, today will ring the closing
bell at the Nasdaq stock exchange to kick off GivingTuesday, the
global movement focused on spreading generosity on the Tuesday
following Black Friday and Cyber Monday.
"GivingTuesday marks the start of the holiday giving season,
which is an incredibly important time for our social impact
customers around the world," said Catherine
LaCour, chief marketing officer, Blackbaud. "Most charitable
organizations receive an average of 20% of their donations for the
year in the month of December alone, so generosity matters more
than ever in the coming weeks to ensure vital organizations––from
nonprofits to foundations, schools and universities––can make a
difference year-round. We're proud to play a part in helping power
giving and essential operations for these organizations, and we're
encouraging everyone to get involved with a cause they care about
this GivingTuesday, whether that means donating, volunteering, or
spreading the word."
Powering Impact
Blackbaud creates essential software
for people who change the world, connecting millions of people to
hundreds of thousands of causes and institutions in more than 100
countries around the world, and powering the business operations of
teams dedicated to purpose-driving work. In honor of GivingTuesday,
Blackbaud is shining a light on customers using technology to drive
meaningful social impact on GivingTuesday and year-round.
Examples include:
- Apollo Theater Foundation: Celebrating 90 years as the
soul of American culture, The Apollo is a vibrant nonprofit
organization rooted in the Harlem community and is the largest
performing arts institution in the nation committed to Black
culture and creativity. In December, the theater will become the
first institution to be named a Kennedy Center Honoree, recognized
alongside other icons of American culture. Using Blackbaud Raiser's
Edge NXT® and Blackbaud Donation Forms, The Apollo raises funds to
support its year-round education, community and signature programs
and to sustain its legacy. With an annual appeal kicking off
Dec. 3 and running through the end of
the year, The Apollo will raise funds to commence the first-ever
major restoration and renovation of its Historic Theater.
- Burger King Foundation: The Burger King Foundation makes
education more accessible for students through scholarships and
school supply drives, and provides emergency relief for over 2,000
Burger King employees worldwide. The foundation raised a
record-breaking $8.2 million in 2023,
using Blackbaud Raiser's Edge NXT to track data, manage donations,
and report on results. Through the BK℠ Scholars program, the
foundation has awarded nearly $60
million to over 51,000 deserving students across
North America. Scholarship
applications are currently open through Dec.
16, 2024.
- Porter-Gaud School: As one of the premier independent
schools in the southeast U.S., Porter-Gaud utilizes Blackbaud's
Total School Solution for education management, as well as
Blackbaud Raiser's Edge NXT for donor management, Blackbaud
Donations Forms for online giving, and Blackbaud Financial Edge
NXT® for financial management and fund accounting. By recently
implementing Blackbaud's Optimized Donation Forms in Raiser's Edge
NXT, Porter-Gaud has transformed their giving processes, increased
efficiency, and improved the user experience for staff and donors
alike. Funds raised enable Porter-Gaud to create and sustain a
unique and vibrant learning community, supporting students,
teachers and programming.
- SiriusXM: SiriusXM, a leading audio entertainment
company in North America,
recognizes the importance of giving back to the communities it
serves and prioritizes employee engagement through giving and
volunteering opportunities. The company uses YourCause® from
Blackbaud® to facilitate its employer charitable matching program
that amplifies the impact of employee donations. In honor of
GivingTuesday this year, SiriusXM is encouraging employees to
support their favorite nonprofit through this program and by
participating in SiriusXM's first company-wide Volunteer Time Off
Day on Dec. 3, bringing employees
together across offices to give back to their local
communities.
- The National Hockey League (NHL): The NHL, in
partnership with the National Hockey League Players' Association
(NHLPA), has leveraged EVERFI® from Blackbaud® for more than a
decade to provide the Future Goals™ Hockey Scholar curriculum to
K-12 schools across the U.S. and Canada. The course, focused on grades 4-7,
teaches STEM concepts through the sport of hockey. Since the
partnership inception, the NHL, the NHLPA and EVERFI have directly
impacted 4.1M students from 23,000+
unique schools.
Fundraising Innovation with Blackbaud Donation
Forms
Through recent innovation and new AI tools, Blackbaud
is making it even easier for organizations to manage their
fundraising on GivingTuesday and beyond. With Blackbaud Donation
Forms, social impact organizations are raising more, streamlining
the donor experience, simplifying administrative tasks, and
reducing processing costs, so they can sustain and grow their
missions.
These new forms include features like Intelligent Ask powered by
Blackbaud AI, which ensures fundraisers target the right gift
amount for each donor––even those who have never given to the cause
before. And Blackbaud's Optimized Donation Form now includes a new
goal meter that allows donors to see the amount raised to goal and
how their donation will impact the goal. The forms also offer
unique fee cover options that enable organizations to save on
processing fees.
"We recently changed our main giving form over to Blackbaud's
Optimized Donation Form," said Tracey
Zirneklis, Advancement Services Manager at Porter-Gaud
School. "Being able to see what's coming in, edit the record, add
campaigns or funds or appeals, and being able to adjust what I want
to do acknowledgement-wise—it is so much more streamlined and
literally cuts my entry time by more than half. We're really
excited to be using the Optimized Donation Form this GivingTuesday
to help us reach our fundraising goals while creating more
efficiency for our team."
Tune In to the Nasdaq Bell Ringing
The closing bell
ringing will be livestreamed at 3:45 p.m.
Eastern Time today and more will be shared on Blackbaud and
Nasdaq social media channels.
Social impact organizations looking for resources to maximize
their year-end fundraising can access Blackbaud's free toolkit for
more information and insights.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the
leading software provider exclusively dedicated to powering social
impact. Serving the nonprofit and education sectors, companies
committed to social responsibility and individual change makers,
Blackbaud's essential software is built to accelerate impact in
fundraising, nonprofit financial management, digital giving,
grantmaking, corporate social responsibility and education
management. With millions of users and over $100 billion raised, granted or managed through
Blackbaud platforms every year, Blackbaud's solutions are
unleashing the potential of the people and organizations who change
the world. Blackbaud has been named to Newsweek's list of America's
Most Responsible Companies, Quartz's list of Best Companies for
Remote Workers, and Forbes' list of America's Best Employers. A
remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa
Rica, India and the
United Kingdom, supporting users
in 100+ countries. Learn more at www.blackbaud.com or follow
us on X/Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
media@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, including statements
regarding expected benefits of products and product features.
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 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.
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SOURCE Blackbaud
