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      Monthly Archives: September 2015

      Blackbaud Releases Intuitive Cloud Accounting Solution for Nonprofit Community

      General Availability of Financial Edge NXT Adds to
      Blackbaud’s NXT Solution Line and Again Breaks Early Adoption Records

      Charleston, S.C. (September 22, 2015) — Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and services for the global philanthropic community, today announced the general availability of its cloud accounting solution, Financial Edge NXT™, which adds to Blackbaud’s NXT solution line.

      With more than 100 enthusiastic nonprofit customers already live on Financial Edge NXT prior to today’s general availability announcement, another powerful cloud offering in Blackbaud’s NXT solution line has broken the company’s early adoption records.

      “The general availability of Financial Edge NXT marks another important release in a wave of continued innovation Blackbaud has brought to the industry over the last 12 months,” said Mike Gianoni, Blackbaud president and CEO. “With Financial Edge NXT, nonprofits now have access to the most innovative, intelligent accounting solution in the cloud.”

      Early nonprofit adopters have been consistently giving high marks to Financial Edge NXT for power, capability and reliability. “Financial Edge NXT is how accounting software should be – customizable, intuitive, and fully portable,” said Jennifer Johnson, CFO and vice president of Senior Resources Association. “Blackbaud is dedicated to giving their customers the best software tools in the industry and this is evident with Financial Edge NXT. It is easy to learn and navigate, all while providing robust financial grant reports and monitoring.”

      Financial Edge NXT is the second release planned as part of Blackbaud’s NXT solution line, the industry’s most advanced and only cloud suite built exclusively for nonprofit organizations. The NXT solution line is a complete, fully integrated solution set developed with a modern architecture that allows rapid, ongoing capability updates. It offers best-in-class, trustworthy accounting with Financial Edge NXT and unprecedented fundraising and relationship management innovation with Raiser’s Edge NXT™.

      Financial Edge NXT gives nonprofits:

      • Comprehensive fund accounting with general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more
      • Powerful, flexible, real-time reporting—with one-click drill-down and easy export—to enable timely, data-driven decisions
      • Efficient grant and project accounting to help nonprofits budget, monitor, and report with confidence
      • Elimination of manual and duplicative data entry processes to help save time and promote data accuracy

      Prior to today’s announcement, product trials had already spurred enthusiasm across the nonprofit community for the much anticipated Financial Edge NXT solution. “We are excited about Financial Edge NXT for many reasons,” said Lawndale Christian Health Center CFO, Christopher Dons. “It provides us with powerful functionality—from advanced search capabilities that will save us time, to reporting power that we haven’t had before.”

      Gianoni also commented about the company’s investment in the cloud: “Moving to the cloud is a big decision for nonprofits because they want improved capability with the assurance that donor and other data is going to be accessible and secure. Blackbaud takes this need seriously, from ongoing research and development to maintain our position of cloud leadership, to our investments in supporting our rapidly growing partner ecosystem. When customers choose the Blackbaud cloud, they have greater choice and flexibility, and are gaining access to the most modern, reliable solutions in the global philanthropic sector.”

      For more information about Financial Edge NXT or the previously released Raiser’s Edge NXT, visit www.theNXTera.com.

      Financial Edge NXT™ is the first-of-its-kind cloud accounting solution for nonprofits that’s intuitive, fully integrated, and built the way nonprofits need it. It is advanced technology with powerful reporting tools to help accounting teams drive transparency, stewardship, and compliance while enabling them to seamlessly manage transactions, eliminate manual processes, and more. No other nonprofit accounting software or cloud-based solution has the intelligence, accessibility, performance, and user experience that the NXT solution line delivers—all with dramatically reduced IT and third-party costs, hassle-free upkeep, and the world’s largest support network.

      About Blackbaud
      Serving the worldwide philanthropic community for more than 30 years, Blackbaud (NASDAQ: BLKB) combines innovative software and services, and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to power the passions of more than 30,000 clients, including nonprofits, K-12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. Blackbaud’s portfolio of software and services support nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payments and analytics, as well as grant management, corporate social responsibility, and education. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, 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
      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 that involve a number of risks and uncertainties, including statements regarding the introduction of new products and product features, as well as the expected benefits of the new 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.

      Blackbaud to Host Largest Nonprofit Conference in Austin, TX

      Award-winning actress and humanitarian Ashley Judd, Pulitzer-Prize winning journalist Nicholas Kristof
      and leading nonprofit experts to join 16th annual bbcon 2015

       Charleston, S.C. (September 21, 2015) – Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and services for the global philanthropic community, today announced that its 16th annual conference for nonprofits, bbcon 2015, will take place in Austin, Texas, October 26–28 at the Austin Convention Center.

      Each year bbcon convenes thousands of nonprofit change-makers to share the latest insights, trends and innovation—from fundraising and marketing strategies, to best practices for accounting and stewardship, to technology advancements, and more. This year, the conference will feature more than 200 expert-led sessions and will be joined by some of the world’s most noteworthy voices in the humanitarian movement.

      One highlight of bbcon 2015 will be the focus on helping nonprofits advance their brands through excellence in storytelling. Nicholas Kristof, a two-time Pulitzer-Prize-winning reporter, New York Times Columnist, best-selling author and human rights advocate, will give the opening keynote.

      Golden Globe and Emmy-nominated actress, author and global advocate for girls and women, Ashley Judd, will also take the main stage at bbcon as closing keynote speaker to share inspiring stories from her international humanitarian work.

      Nonprofits will also have the opportunity to network with their peers and participate in educational sessions led by thought leaders and expert practitioners. Examples include:

      • Blackbaud technology sessions hosted by the company’s executives and senior technologists, to include roadmaps, customer highlights and special announcements
      • Big Idea sessions that bring together executives, technology gurus and nonprofit professionals to catalyze new ideas
      • 10 minute ‘Ignite’ vignettes, power-packed with informative content by Austin-based leaders including Suzi Sosa, co-founder of Verb, Mike Nellis, chief executive officer of the Austin Community Foundation, and Robin Thurston, senior vice president of Under Armour
      • A storytelling panel featuring Sean Sheridan, world-acclaimed humanitarian photojournalist; Marc Pitman, chief fundraising coach at com; and Vanessa Chase, Consultant for The Storytelling Non-Profit
      • An array of breakout sessions packed with real-world learnings attendees can put to use in their roles today

      “You will learn more than you think, meet amazing people, and come back with some amazing ideas,” said bbcon attendee, Ali Burke of Southlake Regional Health Centre Foundation.

      In addition, Blackbaud will also recognize leading organizations with its Nonprofit Impact Awards. The winner from each category will receive a donation to their organization and free registration to bbcon 2015 where they will be honored by Blackbaud and their peers.

      bbcon will be co-located with MESC, an annual conference led by Blackbaud’s MicroEdge business, which provides leading solutions for other major players in the global philanthropic movement including corporations, foundations, other charitable giving organizations.

      “We are so excited to welcome the global nonprofit community to a major Blackbaud hub, Austin, TX for what promises to be our best annual conference yet,” said Blackbaud CEO, Mike Gianoni. “Our commitment to the nonprofit community has never been stronger, and I think people are going to see and feel that when they experience bbcon 2015.”

      For more information or to register, visit www.bbconference.com. Follow the conference news on Twitter at www.twitter.com/bbcon or like Blackbaud on Facebook at www.facebook.com/blackbaud.

      About Blackbaud
      Serving the worldwide philanthropic community for more than 30 years, Blackbaud (NASDAQ: BLKB) combines innovative software and services, and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to power the passions of more than 30,000 customers, including nonprofits, K12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, as well as  a resource network that empowers and connects organizations of all sizes, including nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payment and analytics, as well as grant management, corporate social responsibility, education. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, 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
      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 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.

      The Blackbaud Index: Overall Charitable Giving Dips Below 1% While Online Giving Continues Double Digit Growth

      The Blackbaud Index today reported that overall charitable giving to nonprofits increased 0.8% and online giving increased 11.5% for the three months ending July 2015 as compared to the same period in 2014.

      The Blackbaud Index also reported that the recently debuted Foundations Index grew 0.9% in the three months ending in July 2015, compared to the same period in 2014. The new index includes — does not track as separate categories — giving to community foundations; corporate foundations; private foundations, including family foundations; and operating foundations. To learn more, download the latest Blackbaud Index and Foundations Index Trends report.

      The Blackbaud Index provides the most up-to-date information on charitable giving today. Tracking more than $17 billion in US-based charitable giving, the Index is updated on the first of each month (or the next business day) and is based on a three-month moving average of year-over-year percent change. Featuring overall and online giving, the Index can be viewed by size and subsets of the nonprofit industry via an interactive online chart. The Index also features a fundraising benchmark calculator that allows users to easily chart their own results against the Index and historical data to provide a fuller view of charitable giving.

      To access The Blackbaud Index, subscribe to monthly email or text alerts, read about the methodology, or access special reports, visit www.blackbaud.com/blackbaudindex.

      About Blackbaud
      Serving the worldwide philanthropic community for more than 30 years, Blackbaud (NASDAQ: BLKB) combines innovative software and services, and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to power the passions of more than 30,000 clients, including nonprofits, K-12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. Blackbaud’s portfolio of software and services support nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payments and analytics, as well as grant management, corporate social responsibility, and education. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, 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
      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 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; risks associated with our products and services capability to provide online giving experiences; risks related to uncertainty regarding market acceptance of products and services, including the adoption of online fundraising; risks associated with the capability of our products and services to aggregate data from multiple external sources and the ability to successfully use those aggregations, including those aggregations related to a unique Giving Footprint; the ability to achieve success in fundraising initiatives; risks associated with successful implementation of multiple integrated software products; delays or interruptions in hosted services; failure to securely collect, store and transmit personal information 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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