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Blackbaud Announces General Availability of SKY API

Social Good Software Leader’s Open API gives organizations unmatched flexibility and choice

Charleston, S.C. (December 8, 2016) —— Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced that SKY API™ for Raiser’s Edge NXT™ and Financial Edge NXT™ is now generally available to customers and partners.

With SKY API, developers will have access to open, industry-standard REST APIs, allowing them to customize, integrate or extend the functionality of their current solutions – changing the game for how organizations contribute to the ecosystem of good. Today’s SKY API launch includes a constituent API for Raiser’s Edge NXT, Blackbaud’s flagship cloud fundraising and relationship management solution, as well as accounts payable and general ledger APIs for Financial Edge NXT, Blackbaud’s cloud financial management solution.

“Today’s announcement builds on the 2015 release of our open SKY UX, and launches the first wave of what will be a very rich set of SKY APIs supporting the social good community,” said Mary Beth Westmoreland, senior vice president and chief technology officer at Blackbaud. “By giving our customers and partners access to open, REST APIs, we’re enabling them to connect and integrate Blackbaud solutions with other applications and services that are critical to their mission success.”

Blackbaud is actively empowering its developer community with tools to support its open innovation, and has already received industry praise for its SKY API developer portal. Vlad Vinogradsky, principal product manager from Microsoft’s API management team said, “Developers leveraging Blackbaud’s SKY API have robust tools at their fingertips. The SKY API Developer Portal, powered by the Azure API Management product, is excellent and probably the best portal I’ve ever seen in terms of how carefully it was built out. Blackbaud’s team has put a lot of effort behind it and has worked closely with our product team allowing us to provide valuable feedback throughout the development process.”

Beta customer Corning Museum of Glass already has seen new value from leveraging Blackbaud’s SKY API. “The power of the SKY API is that, for developers, it changes our conversations inside the organization,” said James Truxon, lead application developer. “Since it’s an industry-standard REST API with clear documentation, we can now speak confidently to stakeholders about integration options, timing and budget.”

YMCA of Middle Tennessee sees today’s announcement as another way Blackbaud is anticipating the needs of the modern nonprofit. “SKY API will support our best-of-breed approach to software,” said Blake Moody, director of philanthropic information technology. “Staff in different units can work efficiently in their chosen systems, as key information syncs in a consistent and automated fashion for improved visibility and effectiveness across the organization.”

For more information about today’s announcement or to stay informed of upcoming SKY API releases, visit https://developer.sky.blackbaud.com.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Media Contact
Nicole McGougan
Public Relations
843.654.3307
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. 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.

#GivingTuesday 2016 Online Giving up 20%

Blackbaud reports $47.7 million in online U.S. donations and overall online donations up 31%
from last year; continuing positive trend for the growing movement

 Charleston, S.C. (November 30, 2016) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced a 20% increase in online giving during #GivingTuesday compared to 2015. The company, whose systems process a majority of online donations made in the United States on #GivingTuesday, processed more than $47.7 million from over 6700 organizations that received at least one online donation.

“We are excited to see that overall donations continue to climb for organizations on #GivingTuesday,” said Mike Gianoni, Blackbaud president and CEO. “As a #GivingTuesday founding partner, we are proud that the movement continues to grow with donations that help fight hunger, eliminate homelessness, cure epidemics and much more. The movement’s core philanthropic message only gets stronger each year, with people embracing the meaning of #GivingTuesday and amplifying the holiday on social media. Blackbaud is honored to support and power this movement, and on behalf of our customers, we want to thank everyone who chose to be generous on this day.”

“The results of our online campaign showed us that people view #GivingTuesday as a day to make an impact by supporting causes that are important to them, and it’s up to us to show them that they can really make a difference in people’s lives by donating to Orbis,” said Paul Forrest, chief development officer at Orbis, an international nonprofit. “This year’s donations were matched dollar-for-dollar for the prevention and treatment of blindness.”

For #GivingTuesday 2016, Blackbaud provided key reporting, trend data and commentary throughout the day to assess the growth and impact of the movement. Key findings from Blackbaud’s #GivingTuesday 2016 analysis include:

#GivingTuesday Donations Grew in 2016

  • #GivingTuesday online giving grew by 317% since its creation in 2012
  • Online giving has jumped by 20% since 2015
  • Online donation volume grew by 31% compared to 2015
  • 33% more nonprofit organizations received an online donation on #GivingTuesday 2016 compared to 2015

Technology Continues to Drive #GivingTuesday’s Success

  • Online average gift amounts exceeded $126
  • About 22% of online donations were on a mobile device

“2016 is the biggest year yet for #GivingTuesday,” said Steve MacLaughlin, Blackbaud’s vice president of Data and Analytics. “As we predicted, the movement continues to drive year-over-year growth. The positive trends displayed in our data proves the strength of the holiday’s message as more donors embrace the simplicity of using smartphone technology to contribute. About 22% of donations were made online and we expect that number to grow as time goes on.”

For more information about Blackbaud and #GivingTuesday, visit www.Blackbaud.com/GivingTuesday.To see photos of nonprofits and other change-makers that were highlighted throughout the day at Blackbaud’s Nasdaq command center and on the Nasdaq tower in Times Square, visit www.facebook.com/Blackbaud.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Media Contact
Nicole McGougan
Public Relations
843.654.3307
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. 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.

Blackbaud’s Big Data #GivingTuesday Update

(As of 2 p.m. on #GivingTuesday)

Blackbaud, the world’s leading cloud software company powering social good who processes a majority of online donations made in the U.S. on #GivingTuesday, is reporting nearly half way through the day that:

  • As of 2pm ET – There was a 32% increase in the number of organizations receiving #GivingTuesday online donations compared to 2015.
  • As of 2pm ET – #GivingTuesday online giving is up 5% compared to 2015.
  • As of 2pm ET – 23% of #GivingTuesday online donations have been made on a mobile device.
  • As of 2pm ET – #GivingTuesday online giving volume is up 17% compared to 2015.

Download broadcast quality b-roll of Blackbaud’s Nasdaq command center and Tower Takeover, as well as photos of nonprofits and other change-makers the company has been highlighting throughout the day across its marketing channels, social media platforms and in Times Square - here.

Blackbaud’s Social Good Scientists™ and other industry experts are available to comment on this information as well as other data trends.

Links for more information about Blackbaud and #GivingTuesday:
Twitter – www.twitter.com/blackbaud
Facebook – https://www.facebook.com/blackbaud
Website – www.Blackbaud.com/GivingTuesday

Media Contact
Nicole McGougan
Public Relations
843-654-3307
media@blackbaud.com

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

#GivingTuesday Kicks Off Fifth Year; Expected to Break Records

Blackbaud’s big data highlights how this annual global day of giving helps charities year-round

Charleston, S.C. (November 29, 2016) — #GivingTuesday is on track to shatter records as eager philanthropists and global citizens support the charities and causes they hold close to their hearts. Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good and a founding partner of the movement, will provide key reporting, trend data and expert commentary throughout the day as it tracks online donations on #GivingTuesday.

Observed annually on the Tuesday following Thanksgiving, #GivingTuesday is a global day of giving fueled by the power of social media and collaboration. Since its inception in 2012, the movement has engaged over 10,000 nonprofit organizations worldwide and impacted over a million individuals in more than 70 countries.

Blackbaud has analyzed the data behind #GivingTuesday for the past five years and will again process the majority of online donations made in the U.S. this year. The company’s data experts will be available throughout the day in a command center at Nasdaq headquarters in Times Square. Media is welcome to drop by to see charitable giving data tracked in real time as support pours in for an array of charities serving social good.

In its fifth consecutive year, #GivingTuesday has proven it is more than a hashtag; demonstrating the power of social and digital media as individuals rally to advance the philanthropic movement. In addition to hosting its big data command center on Nov. 29, Blackbaud will highlight the work of nonprofits and other change-makers across its marketing channels, social media platforms and in Times Square, in hopes that more cause-minded individuals will do their part to support the work of social good on #GivingTuesday.

“Blackbaud is proud to partner with customers to amplify the philanthropic message and collective impact of #GivingTuesday,” said Rachel Hutchisson, vice president of Corporate Citizenship and Philanthropy at Blackbaud. “It’s important to remember that this movement is powered by individuals who donate and make a difference for charities as they kick off their end-of-year giving season. So we hope people around the world will be generous on #GivingTuesday so the movement has its biggest year yet.”

Many nonprofits drive #GivingTuesday campaigns as they see the movement as a major catalyzer of supporter growth. Project HOPE used funds generated from its 2015 #GivingTuesday campaign to send a team of nurses to Sierra Leone during the Ebola crisis, a disease that killed almost 4,000 people and left behind a crumbling health care infrastructure. “Donations from #GivingTuesday gave me the chance to travel to Africa to provide medical relief for people who felt helpless,” said J. Beryl Brooks, retired American nurse and Project HOPE volunteer. “It’s the philanthropy displayed on this day that demonstrates how we all can come together as a global community. Project HOPE provided neonatal relief to the affected areas in Africa, ultimately helping sick mothers deliver healthy babies. One family was so thankful for the aid that they named their baby after Project HOPE’s CEO, Tom Kenyon.”

Donations from #GivingTuesday have supported game-changing interventions around the world, such as research efforts to fight diseases and disorders. “This is an exciting time in MS research,” said Cyndi Zagieboylo, president and CEO of the National MS Society. “The FDA is expected to approve the first-ever disease modifying therapy for primary progressive MS by the end of the year. That’s a breakthrough for some of the 2.3 million people with MS worldwide.  Giving Tuesday provides us a unique opportunity to continue to achieve breakthroughs in MS research and also in services like our MS Navigators who provide partnership and expertise in overcoming the unique challenges that MS can cause.  The Society’s vision is a world free of multiple sclerosis.”

Keeping with the spirit of the season, Blackbaud will waive its administration fees for any U.S. donations made on #GivingTuesday via Blackbaud’s crowdfundraising solution, everydayhero®.

For more information about Blackbaud and #GivingTuesday, visit www.Blackbaud.com/GivingTuesday.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Media Contact
Nicole McGougan
Public Relations
843.654.3307
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. 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.

Blackbaud to Host #GivingTuesday Command Center at the NASDAQ Studio in New York City on November 29

Press welcome on-site for live interviews and real-time updates on philanthropic giving trends

What:  Blackbaud’s #GivingTuesday Command Center

#GivingTuesday founding partner Blackbaud (Nasdaq: BLKB), the leading cloud software company powering social good, will report on big data for #GivingTuesday at its command center at the Nasdaq studio in New York City. Observed annually on the Tuesday after Thanksgiving, #GivingTuesday is a global movement to inspire giving.

Blackbaud has analyzed the data behind #GivingTuesday for the past five years and houses the largest database of philanthropic giving trends. The company again expects to process the majority of online donations made in the U.S. on #GivingTuesday. Blackbaud’s Social Good Scientists™ and other industry experts will be available throughout the day in a command center at Nasdaq headquarters in Times Square.

Blackbaud will also host four Facebook Live panels on-site to discuss giving trends with insight from the start of movement to present day and the evolving role of technology and big data in powering #GivingTuesday, as well as highlight how donations from this one day can help propel a nonprofit’s mission all year long.

Media is welcome to visit the command center for real-time updates and interviews.

Available for Interviews:

  • Catherine LaCour, Senior Vice President, Blackbaud
  • Steve MacLaughlin, Vice President of Data and Analytics, Blackbaud
  • Rachel Hutchisson, Vice President, Corporate Citizenship & Philanthropy, Blackbaud
  • Daniel Nisbett, Vice President Development, Feeding America
  • Joshua Jones, Donor Development Manager, Orbis
  • Cyndi Zagieboylo, President & CEO, National MS Society
  • Franklin Guerrero, Vice President of Project HOPE
  • Jessica Schneider, Director of Strategy and Innovation, 92nd Street Y

Where and When:

Blackbaud’s #GivingTuesday Command Center
Tuesday, November 29, 2016 – 8:00 am ET-5:00 pm ET
4 Times Square – 43rd & Broadway – Board Room

Media Contact:
Nicole McGougan
843-654-3307
media@blackbaud.com
Twitter: @Blackbaud 

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. 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.

Blackbaud’s Cultural Management Solution Sees Dramatic Momentum with Arts & Culture Organizations Nationwide

Altru’s integrated technologies and key capabilities modernize ticketing,
fundraising, donor engagement efforts, and more

Charleston, S.C. (November 17, 2016) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced record momentum in product innovation and unprecedented customer response as it continues to bring new capabilities to market through Altru®, its cultural management solution.

Altru is a market leading cloud solution that equips arts and culture organizations to consolidate admissions, membership, fundraising, merchandise, marketing and more, giving users a simple yet comprehensive view of their supporters. “Our relationship with Blackbaud is about so much more than software,” said Laura Lott, president and CEO, American Alliance of Museums (AAM). “Blackbaud has become an integral member of the museum community and our partner in advocating for the industry. We both strive to empower all types of museums–from aquariums and historic sites to art museums and zoos–to achieve their missions.”

“The partnerships we have with organizations like the American Alliance of Museums, Association of Children’s Museums and American Public Gardens Association, as well as the direct feedback from our customers provide us with continuous insight into what arts and cultural organizations need to further their missions,” said Kevin Knight, Blackbaud’s senior vice president and general manager, Arts & Cultural. “We have implemented 140 community ideas into the product already and plan to continue that trend moving forward.”

Blackbaud’s Altru Strengthens Arts and Culture Organizations Nationwide

Altru’s customer-focused approach to continuous improvement has powered significant customer momentum during the past two quarters. 

  • After embarking on a new capital campaign to raise $20 million by 2021, Seneca Park Zoo chose Altru to help with its donor engagement, and ticketing and general admission management needs. “We looked at multiple platforms and solutions, but none had the database power and potential of Altru. Every day, I realize more and more of the benefits of Altru, for example, our month end reconciliation reports used to take me two days, and now they take me 10 minutes!” — Ruth Northrop, Data Manager
  • Long-time Blackbaud customer Oklahoma City Museum of Art migrated to Altru to better engage and understand patrons with a best-in-class fundraising, ticketing and operations management solution for arts and culture organizations. “Being an Altru customer has opened us up to new insight about our visitors, given us an improved web interface and the ability to sell tickets online, made us capable of selling via mobile and tablet, and has untied us from our desks. Those are my favorite aspects of Altru.” — Jack Madden, Facilities Operations Director
  • Academy Arts Museum (AAM) had outgrown eTapestry®, which is built for developing nonprofits, and knew that Altru was the smart choice to streamline and manage its operations going forward. “The organizational calendar for our classes has been a money saver. It allows users to see what we have available, to keep better track of classes, and to have full view of class details.” —Tracey Mullery, Visitor Services Manager
  • To make better use of their data and overcome the challenge of driving membership sales and event attendance, Bechtler Museum of Modern Art made the move to Altru and was able to increase memberships by 40 percent year-over-year. “The migration of our donor information and giving history data was seamless, it was a one-time process from Raiser’s Edge to Altru. We have been extremely impressed with Altru and the access we have to the Blackbaud team.” — Christopher Lawing, Vice President of Programming and Research
  • Altru strengthens connections at Pretend City Children’s Museum and helps the team operate more effectively so they can focus on the job at hand – “building better brains.” “We looked at other software but they didn’t give us the ability to integrate our ticketing and fundraising systems together. Altru allows us to easily integrate these and pull in the previous 12 years of our Raiser’s Edge database – it was incredible! Now, my team and I can access this information no matter where we are.” — Sandra Bolton, Executive Director
  • Transitioning from another vendor’s system to Altru gave Fernwood Botanical Garden and Nature Preserve exactly what it needed—a more efficient, effective way of handling its constituency and operations. “We love being able to email customers’ receipts and handle the membership process immediately at the front desk. Online sales and registrations are wonderful, our younger visitors and members love being able to take care of business while still in their jammies!” —Barb Dinger, Visitor Services Manager

The company also integrated solutions in Altru from Blackbaud Technology Partners Red Rook for CounterPoint SQL to allow gift shop staff to see member information from Altru at the point of sale and VolunteerHub to enhance volunteer management capabilities. “Enabling VolunteerHub for Altru bridges the gap between organizations’ volunteer lists and donor lists, giving them an enhanced 360-degree view of each supporter,” said Michael Carr, CEO of Carr Engineering (VolunteerHub). “We’re excited that Altru customers are already seeing such a positive impact from the integration and our ability to offer simple hour tracking, help engage more volunteers and build new efficiencies.”

During bbcon 2016, its annual conference, Blackbaud announced new Altru features including member-only events, online pre-sales and guest pass tracking, with more coming in 2017 like enhanced performance and cloud operations. Blackbaud is also in the early adopter stage of integrating Altru and Luminate Online™, its advanced marketing solution offering, which enables a complete engagement package for arts and cultural organizations including marketing automation.

To read the latest tips and insights for arts and cultural professionals, as well as additional customer spotlight stories, visit http://arts.blackbaud.com/. For more information about Altru, visit www.blackbaud.com/altru.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Media Contact
Nicole McGougan
Public Relations
843.654.3307
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. 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.

Blackbaud Speeds the Pace of Giving with Apple Pay

Blackbaud offers Apple Pay as a digital checkout solution to provide nonprofits and donors greater choice

Charleston, S.C. (November 14, 2016) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, announced today it has added Apple Pay® to Blackbaud Merchant Services™ so its nonprofit customers can offer donors an easy, secure and private option for digital checkout, just in time for holiday giving.

This news comes in conjunction with Apple’s announcement that Apple Pay now supports charitable donations, and now Blackbaud has made Apple Pay available as part of its integrated digital payments solution, which already services tens of millions of users for charitable giving.

Blackbaud Merchant Services is an end-to-end payment processing solution designed exclusively for nonprofits. The addition of Apple Pay as a new checkout option within Blackbaud’s solution allows nonprofits to offer their donors an easy and secure way to pay — all within the secure, simple and affordable donation processing system they have come to rely on from Blackbaud.

“At Blackbaud, we’re innovating to power every moment that helps nonprofits better understand and engage supporters,” said Kevin McDearis, chief products officer at Blackbaud. “This also means building solutions that create frictionless, integrated and secure experiences across devices and platforms to support the work of philanthropy—from cultivation, to fundraising, donation processing and more. Integrating Apple Pay into our digital payments solution is a great example of how we’re working to help nonprofits provide their donors with a modern, agile checkout experience that mirrors the convenience and mobility they enjoy as consumers.”

Many well-known charities using Blackbaud Merchant Services are already live today with Apple Pay, including American Heart Association, Crohn’s & Colitis Foundation of America (CCFA), Feeding America, The Nature Conservancy, WNET and World Wildlife Fund (WWF).

“Donor behavior is constantly changing and we want to be able to quickly respond to those changes. Apple Pay lets Feeding America offer our donors a checkout experience that is as easy and fast as the best e-commerce experiences,” said Liz Nielsen, senior vice president of Direct Marketing & Digital Engagement at Feeding America. “It is critical that we stay on the front-end of mobile technology if we want to continue to grow support for Feeding America and ultimately get more food to more people facing hunger in our country.”

Nonprofits have signaled that offering Apple Pay as an option for donors will increase conversion rates from mobile and website visitors, simplify the donation process and reduce the information required for donors to give; potentially even increasing donation frequency as a result.

“We are excited to be among the first nonprofit organizations to offer the ability to donate with Apple Pay,” said Michael Osso, president and CEO of Crohn’s & Colitis Foundation of America. “CCFA has always been on the forefront of technology to ensure a smooth donor experience. Offering fast and convenient technology that enhances our ability to raise crucial funds, especially during the end-of-year giving season, will help us deliver on our mission to improve the lives of patients with Crohn’s disease and ulcerative colitis.”

David Glass, senior director of online marketing for World Wildlife Fund added, “Giving donors new and simple ways to contribute to World Wildlife Fund’s mission to protect the future of nature is critical to our work.”

Apple Pay is available today for organizations using Blackbaud Merchant Services to process donations in Luminate Online™. In 2017, Blackbaud will expand Apple Pay functionality across the portfolio.

For more information, visit www.blackbaud.com/apple-pay.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Media Contact
Nicole McGougan
Public Relations
843.654.3307
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. 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; risks associated with the timing and integration of product features and capabilities; 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.

Blackbaud Honored for Innovation in the Execution of Education Services

Recognized for services excellence at TSIA Technology Services World Conference

Charleston, S.C. (November 7, 2016) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced that it has been named the winner of the 2016 Technology Services Industry Association (TSIA) STAR Award for Innovation in the Execution of Education Services. The award was announced on October 18 at the Technology Services World (TSW) conference in Las Vegas.

The TSIA STAR Award for Innovation in the Execution of Education Services recognized Blackbaud for demonstrating innovation and excellence in its overall education practices. The company’s innovation contributed significant value from how training is sold, marketed, and developed, to the technology used to manage it.

“The STAR Awards program is a long-standing honor in the technology services industry, recognizing organizations that set the standard for leadership and dedication to this important market space,” said J.B. Wood, president and CEO of TSIA. “Blackbaud has clearly demonstrated its high-level commitment to delivering world-class results in the area of education services, and it was an honor to recognize them at our TSW conference.”

Companies seeking the STAR Award undergo a rigorous evaluation process, with the winners selected by TSIA’s service discipline advisory board members. Since its inception in 1990, the STAR Awards have become one of the highest honors in the technology services industry, acknowledging the contribution of companies of all sizes to the continual improvement of technology services delivery industry-wide. For information on the STAR Awards, go to www.tsia.com/awards_and_certifications/star_awards.html.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

About TSIA
The Technology Services Industry Association (TSIA) is the world’s leading organization dedicated to advancing the business of technology services. Technology services organizations large and small look to TSIA for world-class business frameworks, best practices based on real-world results, detailed performance benchmarking, exceptional peer networking opportunities, and high-profile certification and awards programs. TSIA corporate members represent the world’s top technology companies as well as scores of innovative small and mid-size businesses in four major markets: enterprise IT and telecom, consumer technology, healthcare and healthcare IT, and industrial equipment and technology. TSIA’s editorial blog, Inside Technology Services, is widely recognized by technology service professionals for providing thought leadership and insights into industry trends and best practices. Visit us at www.tsia.com, follow us on Twitter @TSIACommunity, or connect with us on LinkedIn and Google+.

Media Contacts
Nicole McGougan
Blackbaud Public Relations
843-654-3307
media@blackbaud.com

Trisha Bright
TSIS
858-674-5491
trisha.bright@tsia.com

Blackbaud Announces 2016 Third Quarter Results

GAAP Revenue Growth of 15.3% and Non-GAAP Organic Revenue Growth of 8.1%;
Recurring Revenue Increases to 77.5% of Total Revenue

Charleston, S.C. (November 1, 2016) – Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced financial results for its third quarter ended September 30, 2016.

“We posted another very solid quarter, with 77.5% of our total revenue now recurring, and non-GAAP organic revenue growth of 8.1%,” said Mike Gianoni, Blackbaud president and CEO. “Our ability to accelerate customer value through innovative new technology is driving our strong financial performance, and will enable us to fuel future growth. We just concluded our annual conference and it’s clear that Blackbaud is setting a new technology standard for the social good community.”

Third Quarter 2016 Results Compared to Third Quarter 2015 Results:

  • Total GAAP revenue was $183.1 million, up 15.3%, with $141.9 million in GAAP recurring revenue, representing 77.5% of total revenue.
  • Total non-GAAP revenue was $183.1 million, up 14.5%, with $141.9 million in non-GAAP recurring revenue, representing 77.5% of total non-GAAP revenue.
  • Non-GAAP organic revenue increased 8.1% and non-GAAP organic recurring revenue increased 9.6%.
  • GAAP income from operations decreased 3.1% to $13.5 million, with GAAP operating margin decreasing 140 basis points to 7.4%.
  • Non-GAAP income from operations increased 11.3% to $34.0 million, with non-GAAP operating margin decreasing 50 basis points to 18.6%.
  • GAAP net income increased 12.9% to $8.9 million, with GAAP diluted earnings per share up $0.02 to $0.19.
  • Non-GAAP net income increased 20.8% to $21.3 million, with non-GAAP diluted earnings per share up $0.07 to $0.45.
  • Cash flow from operations was $51.4 million, up from $38.8 million.

“We are maintaining our non-GAAP financial guidance, while increasing cash flow from operations to account for the early adoption of ASU 2016-09,” said Tony Boor, Blackbaud’s executive vice president and CFO. “Our updated guidance indicates organic revenue growth acceleration, improves profitability, and increases cash flow for the full year when compared to 2015.”

Company Highlights:

  • Shared the latest insights, trends and innovation to approximately 2,500 change-makers at bbcon 2016
  • Appointed Jerry Needle as president of everydayhero®, Tim Hill as president of Higher Education Solutions group, and Russ Cobb as president of Healthcare Solutions group
  • One of the first companies certified under the EU-U.S. Privacy Shield
  • Adoption of Blackbaud’s intuitive cloud accounting solution, Financial Edge NXT™, continues to surge

Visit www.blackbaud.com/press-room for more information about Blackbaud’s recent highlights.

Dividend
Blackbaud announced today that its Board of Directors has declared a fourth quarter 2016 dividend of $0.12 per share payable on December 15, 2016 to stockholders of record on November 23, 2016.

Adoption of New Share-based Compensation Expense Accounting Standard
During the three months ended September 30, 2016, Blackbaud early adopted ASU 2016-09, Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting which addresses, among other items, the accounting for income taxes and forfeitures, and cash flow presentation of share-based compensation. Under ASU 2016-09, excess tax benefits generated upon the settlement or exercise of stock awards are no longer recognized as additional paid-in capital but are instead recognized as a reduction to income tax expense. This change in accounting for income taxes is effective on a prospective basis as of the beginning of the 2016 fiscal year. Cash flows related to excess tax benefits are required to be presented as an operating activity rather than a financing activity. In addition, all cash tax payments made on an employee’s behalf for shares withheld upon vesting or settlement are required to be presented as a financing activity. Blackbaud adopted all amendments related to cash flow presentation on a retrospective basis.

The early adoption of ASU 2016-09 increased GAAP net income by $1.2 million for both the three months ended March 31, 2016 and June 30, 2016, respectively, and increased net cash provided by operating activities and net cash used in financing activities by $6.7 million and $4.1 million for the three months ended March 31, 2016 and June 30, 2016, respectively. The impacts of adoption are reflected in Blackbaud’s guidance and its GAAP results for the nine months ended September 30, 2016. In addition, retrospective application of the amendments related to cash flow presentation resulted in a $4.2 million increase in both net cash provided by operating activities and net cash used in financing activities for the nine months ended September 30, 2015. Blackbaud will provide more detailed information regarding the impact of the early adoption of ASU 2016-09 in its quarterly report on Form 10-Q for the quarter ended September 30, 2016.

Financial Outlook
Updated full year financial guidance.

  • Non-GAAP revenue of $725.0 million to $740.0 million
  • Non-GAAP income from operations of $141.0 million to $147.0 million
  • Non-GAAP operating margin of 19.4% to 19.9%
  • Non-GAAP diluted earnings per share of $1.90 to $1.98
  • Cash flow from operations of $147 million to $157 million

Blackbaud has not reconciled forward-looking full year non-GAAP financial measures contained in this news release to their most directly comparable GAAP measures, as permitted by Item 10(e)(1)(i)(B) of Regulation S-K. Such reconciliations would require unreasonable efforts at this time to estimate and quantify with a reasonable degree of certainty various necessary GAAP components, including for example those related to compensation, acquisition transactions and integration, tax items or others that may arise during the year. These components and other factors could materially impact the amount of the future directly comparable GAAP measures, which may differ significantly from their non-GAAP counterparts.

Conference Call Details

What:           Blackbaud’s Fiscal 2016 Third Quarter Conference Call
When:          November 2, 2016
Time:           8:00 a.m. (Eastern Time)
Live Call:    1-800-324-5531 (domestic) or 1-719-325-2141 (international); passcode 561800.
Webcast:     Blackbaud’s Investor Relations Webpage

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Investor Contact: Media Contact:
Mark Furlong Nicole McGougan
Director of Investor Relations Blackbaud Public Relations
843-654-2097 843-654-3307
Mark.furlong@blackbaud.com Nicole.mcgougan@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 which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: expectations that our revenue and operating cash flow will continue to grow and that our operating margins will continue to improve, and expectations that we will achieve our projected 2016 full year financial guidance. These statements 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: management of integration of acquired companies; uncertainty regarding increased business and renewals from existing customers; a shifting revenue mix that may impact gross margin; continued success in sales growth; risks related to our dividend policy and stock repurchase program, including the possibility that we might discontinue payment of dividends; 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. Blackbaud assumes no obligation and does not intend to update these forward-looking statements, except as required by law. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

Non-GAAP Financial Measures

Blackbaud has provided in this release financial information that has not been prepared in accordance with GAAP. This information includes non-GAAP revenue, non-GAAP recurring revenue, non-GAAP gross profit, non-GAAP gross margin, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP diluted earnings per share. Blackbaud has acquired businesses whose net tangible assets include deferred revenue. In accordance with GAAP reporting requirements, Blackbaud recorded write-downs of deferred revenue to fair value, which resulted in lower recognized revenue. Both on a quarterly and year-to-date basis, the revenue for the acquired businesses is deferred and typically recognized over a one-year period, so Blackbaud’s GAAP revenues for the one-year period after the acquisitions will not reflect the full amount of revenues that would have been reported if the acquired deferred revenue was not written down to fair value. The non-GAAP measures described above reverse the acquisition-related deferred revenue write-downs so that the full amount of revenue booked by the acquired companies is included, which Blackbaud believes provides a more accurate representation of a revenue run-rate in a given period. In addition to reversing write-downs of acquisition-related deferred revenue, non-GAAP financial measures discussed above exclude the impact of certain items that Blackbaud believes are not directly related to its performance in any particular period, but are for its long-term benefit over multiple periods.

In addition, Blackbaud discusses non-GAAP organic revenue growth, non-GAAP organic revenue growth on a constant currency basis and non-GAAP organic recurring revenue growth, which it believes provides useful information for evaluating the periodic growth of its business on a consistent basis. Each of these measures of non-GAAP organic revenue growth excludes incremental acquisition-related revenue attributable to companies acquired in the current fiscal year. For companies acquired in the immediately preceding fiscal year, each of these non-GAAP organic revenue growth measures reflects presentation of full year incremental non-GAAP revenue derived from such companies as if they were combined throughout the prior period, and it includes the non-GAAP revenue attributable to those companies, as if there were no acquisition-related write-downs of acquired deferred revenue to fair value as required by GAAP. In addition, each of these non-GAAP organic revenue growth measures excludes prior period revenue associated with divested businesses. The exclusion of the prior period revenue is to present the results of the divested businesses within the results of the combined company for the same period of time in both the prior and current periods. Blackbaud believes this presentation provides a more comparable representation of its current business’ organic revenue growth and revenue run-rate.

As previously disclosed, beginning in 2016, Blackbaud now applies a non-GAAP effective tax rate of 32.0% in its determination of non-GAAP net income, which represents the GAAP effective tax rate, excluding the discrete tax effect of stock-based compensation. The non-GAAP effective tax rate utilized will be reviewed annually to determine whether it remains appropriate in consideration of Blackbaud’s financial results including its periodic effective tax rate calculated in accordance with GAAP, its operating environment and related tax legislation in effect and other factors deemed necessary. All 2015 measures of the tax impact related to non-GAAP adjustments, non-GAAP net income and non-GAAP diluted earnings per share included in this news release are calculated under Blackbaud’s historical non-GAAP effective tax rate of 39.0%.

Blackbaud uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating Blackbaud’s ongoing operational performance. Blackbaud believes that these non-GAAP financial measures reflect the Blackbaud’s ongoing business in a manner that allows for meaningful period-to-period comparison and analysis of trends in its business. In addition, Blackbaud believes that the use of these non-GAAP financial measures provides additional information for investors to use in evaluating ongoing operating results and trends and in comparing its financial results from period-to-period with other companies in Blackbaud’s industry, many of which present similar non-GAAP financial measures to investors. However, these non-GAAP financial measures may not be completely comparable to similarly titled measures of other companies due to differences in the exact method of calculation between companies. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures.

Blackbaud’s Conference “A Game Changer” for Social Good Community

Attendees give rave reviews to software leader for innovation at bbcon 2016

otg-award-winnerCharleston, S.C. (October 28, 2016) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, wrapped up bbcon 2016 after showcasing its next generation cloud solutions and making dozens of announcements related to its solution portfolio.

bbcon is the largest annual conference of its kind, bringing together nonprofits, education institutions, foundations and corporations to network, share best practices, interact with industry experts and experience the latest in technology innovation as part of over 200 sessions. During the first two days of bbcon, Blackbaud unveiled the Blackbaud Institute for Philanthropic Impact and made more than 40 product announcements. Attendee sentiment consistently reflected rave reviews in the areas of sector leadership, listening culture and innovation:

  • “There is a lot of exciting information to take in at bbcon, and it is a great opportunity to learn from Blackbaud and others. I’m most enthusiastic about the next generation of Luminate Online. It is an insanely robust product, the new UX looks amazing, and the automated reporting and all the marketing automation is going to cut peoples’ workload by half or more. I’m thoroughly impressed.” –Caden Burross, Digital Marketing Manager, Central Texas Food Bank
  • “I think more and more, bbcon is seen as an accelerator for the way people work. There is a real willingness to engage the nonprofit community and bridge the gap in understanding how technology can serve it.” –Kyle Haines, Information Strategist, America’s Promise Alliance
  • “Blackbaud has invited partners to freely develop through a new level of openness and transparency. Its roadmaps showcase how, for example with SKY API, the company wants to create and provide new tools that ensure innovation can be shared by everyone—Blackbaud, its partners and ultimately the mutual clients we are here to serve.” –Jeff Gignac, President & CSA, JMG Solutions
  • “bbcon 2016 has been a game changer. The level of amazing innovation is unprecedented in Blackbaud’s history. Blackbaud’s culture has totally changed to one that is open and packed full of integration opportunities. SKY API enables us to offer fully-integrated data and web solutions that have significantly increased mission effectiveness for our mutual clients.” -Carl J. Diesing, Managing Director, DNL OmniMedia, Inc.
  • “bbcon is important because it brings the social good sector together and pulls out a very clear picture of what organizations need, what their constraints are and what they are hoping to achieve. Microsoft is committed to partnering with Blackbaud to deliver the technology that enables these organizations to achieve their missions, and to ultimately make a difference for those they serve.” -Andy Norris, Partner Business Evangelist, Microsoft
  • “I heard a lot about analytics and outcomes at bbcon this year. As a conference that raises questions and looks to answer them with technology, bbcon is a place where Blackbaud actively listens to the social good community.” –Peter Gross, Partner, Build Consulting

On Friday, following an inspiring keynote address by Humanitarian activist Ronan Farrow, Blackbaud announced the recipient of its annual “social media give back” donation. “We’re proud to support local charities in the cities where we host bbcon each year,” said Mike Gianoni Blackbaud president and CEO. “This year, we’ve matched conference attendee tweets with a gift of $5,000 to Bread for the City, a nonprofit that provides residents of Washington, D.C. with comprehensive services like food, clothing, medical care, and legal and social services.”

Blackbaud also announced the winning “Off the Grid” innovation that would be built into future product roadmaps.  Off the Grid is the company’s major innovation marathon in which Blackbaud employees step outside of their day-to-day roles for 24 hours to collaborate on creative projects that solve customer challenges. In July, more than 200 engineers participated with 20 customers providing input. The top three innovations were revealed at bbcon and attendees voted for their favorite high-potential creation. The winning team developed an initiative to help Financial Edge NXT™ customers protect their financial resources against internal and external threats by leveraging machine learning and Blackbaud’s confidential and proprietary statistical analyses to identify anomalies in financial records.

Bruce Kariya, the board finance committee chair at California Food Policy Advocates, explained why he and other nonprofit leaders are so interested in this innovation: “Budgets are tight all over and that has led to smaller staffs handling accounting and finance functions. The downside of smaller staffs is that it becomes harder to have adequate internal controls over the finances of a nonprofit.  Having some automated checks built into Financial Edge NXT allows executive management and nonprofit boards to more easily balance their fiduciary duties with their fiscal responsibilities.”

“Off the Grid is one of many ways we are embracing relentless and disruptive innovation on behalf of our customers,” said Gianoni. “This process has delivered some of our most forward-looking innovation and momentum with artificial intelligence and more. We take customer votes very seriously, accelerating what they are most excited about within our roadmaps.”

Blackbaud also announced that next year’s event, bbcon 2017, will be held in Baltimore on October 17-19, 2017.

As the conference came to a close, Gianoni added: “We packed so much innovation into this year’s conference because our customers are at the center of everything we do. We wanted social good organizations to see first-hand the powerful new capabilities we’re adding to help them improve time to value, decrease operating costs and improve mission impact. We’re excited about the positive feedback we received from bbcon 2016 and look forward to seeing these innovations come to life for all the remarkable organizations who choose Blackbaud as their partner.”

Learn more about bbcon at www.bbconference.com. Learn more about Blackbaud at www.blackbaud.com.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com.

Media Contact
Nicole McGougan
Public Relations
843.654.3307
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. 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.

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