Blackbaud Culture of Innovation Recognized on Fast Company's 2025 Best Workplaces for Innovators List

Core Insights - Blackbaud has been recognized as 20 on Fast Company's list of the 2025 Best Workplaces for Innovators, highlighting its culture of experimentation and innovation in AI for social impact [1] - The company invested $220 million in R&D in 2024 to enhance innovation dedicated to social impact, demonstrating its commitment to empowering employees and driving results for customers [2] - Blackbaud's remote-flexible workforce strategy has led to 70% employee volunteerism in 2024, significantly above the national average, fostering a strong connection to social impact [1][2] Company Overview - Blackbaud (NASDAQ: BLKB) is a leading software provider focused on powering social impact, serving nonprofit and education sectors, and has facilitated over $100 billion in fundraising and grant management annually [2] - The company operates in multiple countries, including the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, supporting users in over 100 countries [4] Innovation Mechanisms - Blackbaud employs various mechanisms to stimulate innovation, including a cohort-based approach for employees to experiment with AI, a dedicated "Tech Thursday" for professional development, and an "Off the Grid" event for collaborative idea generation [3] - The integration of AI has resulted in a 44% average increase in total dollars raised for organizations using Blackbaud's Raiser's Edge NXT® [3]