Alumni Donors and Revenue in Higher Education Return to Pre-Recession Levels
April 23 2014 - 10:15AM
Business Wire
Blackbaud’s Annual donorCentrics™ Report
highlights key giving trends and patterns across higher education,
including public and private institutions
Blackbaud, Inc. (NASDAQ: BLKB) today released its 2013
donorCentrics Annual Report on Higher Education Alumni Giving. The
report looks at giving trends across 123 higher education
institutions over the past three years. Findings in the report
indicate that alumni donors and revenue are returning to patterns
of giving prior to the Great Recession.
- Download a copy of the report:
www.blackbaud.com/higherEd-report
“Before the economic recession, the national trends in higher
education were ‘donors down’ and ‘dollars up,’” said Shaun Keister,
author of the report and vice chancellor of development and alumni
relations at the University of California, Davis. “That all changed
in 2009 with both key metrics dipping and dipping sharply. For the
second year in a row, however, we are seeing a return to
pre-recession trends and patterns, indicating that the impact of
the recession has been minimized.”
Key findings from the report include:
- Alumni Donors were down –
Overall, alumni donors were slightly down for both public and
private institutions. The overall median change in donor counts was
down 1.1 percent, with private institutions dipping 0.7 percent and
public institutions down 1.1 percent.
- Revenue is up – Overall revenue
is up, with a positive change of 5.3 percent compared to 2012. This
marks the third consecutive year of positive change in revenue for
both public and private institutions, after tougher years in 2009
and 2010, showing that the impact of the recession has
subsided.
- Donors are giving more on average
– The actual median change in revenue per donor in 2013 was
impressive, with a 5.8 percent positive change overall. The median
revenue per donor in 2013 was $531 (compared to $488 in 2012 and
$469 in 2011).
“It’s interesting to see how the recession impacted nonprofits
and how they are responding afterward,” said Jenny Cooke Smith, a
Higher Education donorCentrics solutions consultant at Blackbaud.
“While participation rates continued to decline for both public and
private institutions – a byproduct of both growing class sizes and
generational shifts in donors – the report provides insight
into this trend, as well as suggestions for helping to combat these
issues.”
Download the report to learn more about alumni participation,
donor retention, reactivation, and donor acquisition trends from
123 institutions around the country.
About the survey
Blackbaud’s Target Analytics applied the following rules to
standardize data from each of the institutions participating in the
2013 donorCentrics Annual Report on Higher Education Alumni Giving:
Soft credits and matching gift payments are excluded. Direct mail,
telemarketing, and the Internet are by far the dominant revenue
sources for most schools; however, events, personal solicitation,
and other sources are included. Indicators are calculated on a cash
payment basis, as opposed to a pledge basis. Retention rates are
calculated by dividing the number of donors giving in the current
year who also gave during the previous year by the total number of
donors who gave in the previous year.
About Blackbaud
Serving the nonprofit and education sectors for 30 years,
Blackbaud (NASDAQ: BLKB) combines technology and expertise to help
organizations achieve their missions. Blackbaud works with more
than 29,000 customers in over 60 countries that support higher
education, healthcare, human services, arts and culture, faith, the
environment, independent K-12 education, animal welfare and other
charitable causes. The company offers a full spectrum of
cloud-based and on-premise software solutions and related services
for organizations of all sizes including: fundraising, eMarketing,
advocacy, constituent relationship management (CRM), financial
management, payment services, analytics and vertical-specific
solutions. Using Blackbaud technology, these organizations raise
more than $100 billion each year. Recognized as a top company by
Forbes, InformationWeek, and Software Magazine and honored by Best
Places to Work, Blackbaud is headquartered in Charleston, South
Carolina and has operations in the United States, Australia,
Canada, the Netherlands 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, Inc.Andy Prince, 512-289-4728media@blackbaud.com
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