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Blackbaud Announces Date of Second Quarter 2025 Financial Results
Prnewswire· 2025-07-15 13:00
CHARLESTON, S.C., July 15, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report its second quarter 2025 financial results on Wednesday, July 30, before the U.S. financial markets open for trading. In conjunction with this announcement, Blackbaud will host a conference call at 8:00 a.m. ET to discuss the company's financial results. Event: Blackbaud's Second Quarter 2025 Financial Results Conference Call Date: Wednesday, July 30, 2025 Time: 8 ...
New Report from the Blackbaud Institute Shows Clear Link Between Social Impact Organizations' Tech Use and Fundraising Revenue Growth
Prnewswire· 2025-05-28 14:30
Core Insights - The report by the Blackbaud Institute highlights how technology-savvy organizations are gaining a competitive edge in fundraising through effective integration of AI and technology [1][2][3] Group 1: Technology Integration and Revenue Growth - Organizations with higher levels of technology integration are more likely to report revenue growth and less likely to report revenue decline compared to those with limited tech use [7] - 72% of nonprofit respondents met or exceeded their fundraising targets over the past year, indicating a positive trend in fundraising performance [2] Group 2: AI Adoption in Nonprofits - 82% of nonprofits are utilizing AI tools, primarily free generative platforms for content creation, with some also leveraging AI for prospecting and A/B testing [7] - There is a belief among the majority of organizations that AI will become pervasive in the sector, enhancing efficiency [7] Group 3: Need for AI Policies and Training - Only 14% of nonprofits currently have an AI policy in place, indicating a significant gap in sector-wide AI guidance [7] - 60% of fundraisers believe that better training would enhance technology use, while 56% call for improved system integration [7] Group 4: Resource Allocation and Revenue Growth - Among organizations that experienced revenue growth, 44% attributed this success to adequate resourcing, while 51% of those with revenue declines cited insufficient resources as the primary reason [7]
Blackbaud Named One of Newsweek's World's Greenest Companies 2025
Prnewswire· 2025-05-19 15:00
Core Insights - Blackbaud has been recognized as one of the World's Greenest Companies 2025 by Newsweek and Plant-A Insights Group, highlighting its commitment to sustainability and social impact [1][2] - The recognition is based on a comprehensive analysis of sustainability data from over 8,000 companies, with only 750 making the final list, emphasizing Blackbaud's strong environmental performance [2][3] Company Commitment to Sustainability - Blackbaud has a long-standing commitment to sustainability, focusing on reducing greenhouse gas emissions and supporting customers in their sustainability efforts [2][3] - The company has achieved a 90% reduction in global greenhouse gas emissions since 2019, showcasing its dedication to decarbonization [6] Recognition and Awards - In addition to being named one of the World's Greenest Companies, Blackbaud has also been included in Newsweek's America's Most Responsible Companies 2025 and USA Today's America's Climate Leaders 2024 lists [3] - The company's software solutions have facilitated over $100 billion raised, granted, or managed annually, demonstrating its significant impact in the nonprofit and education sectors [4] Operational Scope - Blackbaud operates as a remote-first company with a presence in the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, supporting users in over 100 countries [4]
Blackbaud Promotes Chad Anderson to Chief Financial Officer
Prnewswire· 2025-04-30 20:10
Core Insights - Blackbaud has announced the promotion of Chad Anderson to executive vice president and chief financial officer (CFO), succeeding Tony Boor who served as CFO for 14 years [1][2][3] - Tony Boor will transition to a new role as executive vice president of corporate development and strategy, focusing on long-term value and enterprise-wide strategies [1][2] - Chad Anderson has been with Blackbaud for 12 years and has played a significant role in modernizing the financial organization and driving critical initiatives for the company's future [2][3] Company Overview - Blackbaud is a leading software provider dedicated to powering social impact, serving nonprofit and education sectors, and companies committed to social responsibility [4] - The company has raised, granted, or managed over $100 billion through its platforms annually, supporting millions of users in over 100 countries [4] - Blackbaud has received recognition from Newsweek, Quartz, and Forbes for its responsible business practices and employee satisfaction [4]