CHARLESTON, S.C., April 3, 2019 /PRNewswire/ -- YourCause, a
Blackbaud (NASDAQ: BLKB) company and a leader in corporate
social responsibility software solutions, today announced the
release of its seventh Industry Review, a comprehensive analysis of
employee engagement and corporate social responsibility (CSR)
programs. YourCause introduced the new report at its
CSRworks client conference, an annual gathering of more than
300 clients, CSR and employee engagement professionals being held
this week in Austin, Texas.
Corporate citizenship formalizes a company's commitment towards
positively impacting the community through workplace giving,
employee volunteering, corporate grantmaking and ethical
operations. In 2011, only 20% of Fortune 500 companies had a formal
CSR program. By 2015, that number had quadrupled to 80% and
continues to rise as customers demand it, employees expect it, and
businesses thrive because of it.
"We're not only proud of the work behind this report but the
work we know this report will inspire," said David Rode, president and general manager,
Blackbaud Corporate and Foundation Solutions. "With better data and
insights, companies know what they can do to keep their employees
engaged, their customers delighted, and their operations connected
to a greater role within the world. CSR means being conscious of
and reactive to larger social good opportunities, and with this
information at hand, companies can refine their operations to drive
the most impact while also experiencing the greatest business
success."
The 2019 Industry Review highlights data by industry, compares
domestic versus international CSR programs and explores the impact
of natural disasters on giving. YourCause reported on data
collected between January and December
2018 to derive the observations contained within the 2019
Industry Review. Key findings from the report include:
- Average volunteer hours per employee grew by nearly 43% in very
large companies of 100,000 or more employees.
- Companies with fewer than 5,000 employees experience nearly
double the employee engagement of larger companies.
- Employees who work in the same state as company headquarters
are 2.5 times more likely to give than their counterparts in other
states.
- Retirees, on average, contributed almost 4.5 times more dollars
and logged nearly eight times as many volunteer hours than
full-time employees.
- An additional $800,000 in funds
reached the social good community when companies covered credit
card fees for their employees.
Additionally, YourCause's 2019 Industry Review found that 90% of
companies worldwide acknowledge Sustainable Development Goals, a
collection of 17 global goals for 2030 set by the United Nations
General Assembly to build a better future for all. While 71% of
companies are planning what they can do to address these goals and
more than 40% of companies have pledged to embed the goals into
their business strategies and operations, only 43% of global
Fortune 250 companies that report on CSR link their efforts to the
goals.
"This report highlights specific actions that companies can take
to play a critical role in the world beyond the specific product or
service they provide," said YourCause founder Matthew Combs. "CSR and employee engagement has
never received the level of attention that it's getting today. A
company's CSR program is now informing—and even driving—key
business decisions, which makes the data from our report that much
more crucial. We take each of these reports as a fresh, informed
call to action in hopes of playing an influential role in
delivering a positive impact."
Click here to read the 2019 Industry Review. For further
insight, listen to an episode of The sgENGAGE
Podcast featuring a conversation between Rachel Hutchisson, Blackbaud's vice president,
Corporate Citizenship and Philanthropy, and YourCause's
Dustin Joost, vice president, Sales
and Marketing.
Blackbaud acquired YourCause in January
2019. YourCause customers, a diverse portfolio that includes
Fortune 500 companies and small businesses alike, benefit from
Blackbaud's longstanding connections to the nonprofit community and
deep investments in research and development to accelerate
innovation. Blackbaud customers benefit from a marked expansion and
acceleration of workplace giving and volunteering while building a
source of new donors, volunteers and advocates.
Click to Tweet: Comprehensive Industry Review of employee
engagement, corporate social responsibility trends now available
from @YourCause, a @Blackbaud
company. https://blkb.co/2TV4W9z
About YourCause
YourCause (a Blackbaud company)
is a Software-as-a-Service ("SaaS") provider of the CSRconnect
Employee Engagement Platform ("CSRconnect") and the GrantsConnect
Corporate and Foundation Grants Management Platform
("GrantsConnect"), as well as integrated, fully hosted solutions
for corporations to more effectively deploy and manage their
employee giving, volunteering, disaster relief, grant management,
fundraising, and overall corporate social responsibility and
philanthropy programs. YourCause continues to expand its operations
through the ongoing deployment of end-to-end solutions for
enterprises, nonprofits, and do-gooders. YourCause's Transparent
Giving model allows the company to maximize impact across its
Global Good Network benefitting millions of nonprofits around the
world.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the
world's leading cloud software company powering social good.
Serving the entire social good community—nonprofits, foundations,
companies, education institutions, healthcare organizations and
individual change agents—Blackbaud connects and empowers
organizations to increase their impact through cloud software,
services, expertise, and data intelligence. The Blackbaud portfolio
is tailored to the unique needs of vertical markets, with solutions
for fundraising and CRM, marketing, advocacy, peer-to-peer
fundraising, corporate social responsibility, school management,
ticketing, grantmaking, financial management, payment processing,
and analytics. Serving the industry for more than three decades,
Blackbaud is headquartered in Charleston,
South Carolina and has operations in the United States, Australia, Canada and the United Kingdom. For more information,
visit www.blackbaud.com, or follow us on Twitter,
LinkedIn, 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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