CHARLESTON, S.C., Feb. 4, 2020 /PRNewswire/
-- Blackbaud (NASDAQ: BLKB), the world's leading cloud
software company powering social good, is pleased to announce the
results of a record-breaking year with YourCause, a market leader
in corporate social responsibility (CSR) software solutions, just a
year after acquisition. In their first year together, Blackbaud and
YourCause have demonstrated continued momentum in the CSR space
significantly increasing the amount of donations processed and
volunteer hours logged, while also increasing its global
capabilities to help corporations effectively and efficiently
manage and report the success of their CSR initiatives.
Additionally, Blackbaud social good customers have greatly
benefited from a marked expansion and acceleration of workplace
giving and volunteering, while building a source of new donors,
volunteers and advocates.
"We chose YourCause as our philanthropic platform for several
reasons," said Taiwan Brown, vice president of inclusion and
community relations at RealPage, a leading global provider of
software and data analytics to the real estate industry. "Not only
does the YourCause platform offer the key components that we wanted
for our employees – such as online giving and scheduled volunteer
events – as a tech company, we appreciate its innovation and
simplicity. It was apparent from the beginning that Blackbaud was
going to be a great partner for RealPage. The implementation team
is very thorough and readily available to answer questions and
provide guidance. We didn't know if we would need hands-on help or
not, but the few times we did, our Blackbaud team was right there
to support us."
A third of Fortune 500 companies trust Blackbaud to be their CSR
technology partner. And, after implementing YourCause solutions,
customers show as high as triple-digit growth in volunteers,
donations, engagement and more. In 2019 alone, YourCause solutions
processed over $1 billion in
donations and grants, transacting over $500,000 every business hour. And, through
YourCause solutions, more than 12 million volunteer hours were
coordinated, tracked and rewarded in 2019.
"At Blackbaud, our vision is to power an Ecosystem of
Good® that builds a better world. With the acquisition
of YourCause, we greatly expanded that Ecosystem by carving out a
new footprint in CSR and employee engagement for Blackbaud focused
on powering both nonprofit organizations and for-profit companies
committed to helping good take over," said Kevin Gregoire, executive vice president and
president of Enterprise Markets Group, Blackbaud. "YourCause
customers are already seeing the benefit of becoming a part of
Blackbaud as illustrated by a recent customer satisfaction survey
reporting more than nine out of 10 customers are satisfied with
their YourCause solutions. It's created new opportunities for
companies to connect and better engage with the social good
community, which is creating real change in the world."
In 2019, donations processed through YourCause solutions
benefited more than 170,000 social good organizations globally.
With one in four employees that have access to YourCause solutions
being located outside of the U.S., Blackbaud has continued to focus
on global integrations and in-market partnerships to advance
employee giving and nonprofit support worldwide, which, in the last
year, resulted in a 75% increase in donation dollars benefiting
social good organizations outside the U.S.
Learn more about Blackbaud's solutions for companies by
visiting: Blackbaud.com/who-we-serve/companies.
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, Costa
Rica and the United
Kingdom. For more information, visit www.blackbaud.com
or follow us on 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