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      New Report Shows Growth in Charitable Giving in the Midst of an Uncertain Philanthropic Landscape

      The Blackbaud Institute reveals overall giving increased 4.1 percent
      and online giving grew 12.1 percent compared to 2016

      Charleston, S.C. (February 15, 2018) — Based on the largest analysis of overall and online giving data, Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced the availability of its annual Charitable Giving Report, featuring the earliest, most comprehensive look at how fundraising performed in 2017. As philanthropy navigates tumultuous times, this latest report from the Blackbaud Institute for Philanthropic Impact™ analyzes trends from nearly $30 billion in fundraising revenue from 2017 and offers the data-backed findings to help organizations benchmark their performance and guide their fundraising strategies for the year and beyond.

      “Trends in the 2017 Charitable Giving Report show very positive signs for the emergence of digital and mobile giving,” said Steve MacLaughlin, Blackbaud’s vice president of data and analytics and senior advisor to the Blackbaud Institute. “Organizations that commit to reaching their supporters through the right channels at the right time will find continued success in these rapidly evolving times.”

      Key findings from the Blackbaud Institute Charitable Giving Report:

      • Overall giving grew approximately 4.1% in 2017
      • Online giving grew 12.1% in 2017 compared to 2016
      • Online donations made up 7.6% of all fundraising in 2017
      • #GivingTuesday online donations were up 28% in 2017
      • 21% of online donations were made on a mobile device in 2017

      The 4.1% increase in giving during 2017 was a substantial jump compared to relatively flat growth in 2016. A strong stock market, spikes in giving in response to political issues, and the continued shift to digital giving all influenced giving in 2017. This growth was also fueled by a 5.1% increase in giving during the final three months of 2017.

      According to the report, international affairs organizations had the largest growth in overall fundraising and faith-based organizations experienced the largest growth in online giving in 2017 compared to 2016. Only arts and culture and K–12 education institutions experienced minimal year-over-year declines in overall fundraising, and all sectors had growth in their online giving programs in 2017. Online giving to small nonprofits grew 10.7%, medium organizations grew 14.9% and large organizations grew by 11.0%, while overall giving to small organizations grew by 4.2%, medium organizations increased 3.9% and large organizations experienced the most growth at 4.3% on a year-over-year basis.

      To view more charitable giving trends, statistics on retention, donor characteristics and average donation amounts, download the report at www.blackbaudinstitute.com/charitablegiving.

      About the Blackbaud Institute for Philanthropic Impact
      The Blackbaud Institute drives research and insight to accelerate the impact of the social good community. It convenes expert partners from across the philanthropic sector to foster diverse perspectives, collective thinking, and collaborative solutions to the world’s greatest challenges. Using the most comprehensive dataset in the social good community, the Blackbaud Institute and its partners conduct research, uncover strategic insight, and share results broadly, all in order to drive effective philanthropy at every stage, from fundraising to outcomes. Knowledge is powering the future of social good, and the Blackbaud Institute is an engine of that progress. Learn more, sign up for the newsletter, and check out the latest resources at www.blackbaudinstitute.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, healthcare 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 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.

      Media Contact
      Nicole McGougan
      Public Relations Manager
      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, 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.

      Blackbaud Gives Special Stock Award to Employees Worldwide

      Charleston, S.C. (February 7, 2018) – Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced plans to provide a one-time stock award for eligible employees, equivalent to approximately $2,000 (USD).

      On the heels of its 2017 fourth quarter and full year earnings announcement, the company said that, based on business performance, outlook and a recent change to federal tax law, it will give a one-time stock award to all full-time employees who do not receive equity as part of the annual Corporate Employee Stock Award Program.

      Blackbaud, who was recently named one of Fortune’s 56 Companies Changing the World, Forbes’ Best Employers for Diversity, Forbes’ Most Innovative Growth Companies and Forbes’ America’s Best Midsize Employers for two consecutive years, and recognized with many other regional and national accolades for its performance and workplace culture, says today’s announcement is part of an ongoing commitment to making the Charleston, South Carolina-based tech company the best place to work with the most competitive and compelling benefits in the industry. Blackbaud has approximately 3200 employees in offices around the world.

      “We make unmatched investments in R&D so our customers can achieve their most ambitious goals, but it is our people who are the secret sauce behind everything good we do,” said Mike Gianoni, president and CEO of Blackbaud. “They volunteer over 100,000 hours to causes annually, they go above and beyond to pitch in as an extended member of our customers’ teams; they do whatever it takes to help our customers advance global good because they are deeply motivated by the idea that good truly can take over the world. After another strong year of performance with record-level customer satisfaction, it seemed fitting to celebrate our people and make another investment back in them, by ensuring that as owners, they are all participants in our company’s and customers’ success.”

      Blackbaud says the awards will be issued on February 28, 2018 and will vest one year later. For more information about Blackbaud, visit 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, healthcare 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 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.

      Media Contact:
      Nicole McGougan
      Public Relations Manager
      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 which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: the predictability of our financial results, expectations that our revenue will continue to grow, and expectations that we will achieve our projected 2018 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.

      Blackbaud Announces 2017 Fourth Quarter and Full Year Results

      Fourth Quarter Recurring Revenue Grows 15% representing 84% of total revenue;
      Achieves 2017 Financial Guidance Topping Free Cash Flow Estimate; Announces 2018 Financial Guidance

      Charleston, S.C. (February 6, 2018) – Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced financial results for its fourth quarter and fiscal year ended December 31, 2017.

      “This was a big year for Blackbaud; we furthered our strategic growth objectives, were named to Fortune’s 56 ‘Companies Changing the World’ list, climbed IDC’s ranking to the world’s 24th largest cloud software vendor, and most importantly, accelerated the pace of innovation and drove outcomes for our growing base of over 40,000 customers,” said Mike Gianoni, Blackbaud’s president and CEO. “The business has never been stronger and our revenue is more predictable than ever with over 80% of revenue now recurring and growing in the double-digits annually. With the combined success of our results last year, our outlook for 2018, and the recent change in the federal tax law, we are awarding an equity grant of approximately $2,000 for each Blackbaud employee not currently receiving equity so that all employees are owners and can participate in the company’s success.”

      Fourth Quarter 2017 Results Compared to Fourth Quarter 2016 Results:

      • Total GAAP revenue was $217.0 million, up 9.4%, with $181.9 million in GAAP recurring revenue, representing 83.8% of total GAAP revenue, and $151.9 million in GAAP subscription revenue, representing 70.0% of total GAAP revenue.
      • Total non-GAAP revenue was $218.8 million, up 10.3%, with $183.7 million in non-GAAP recurring revenue, representing 84.0% of total non-GAAP revenue, and $153.7 million in non-GAAP subscription revenue, representing 70.3% of total non-GAAP revenue.
      • Non-GAAP organic revenue increased 4.4%, non-GAAP organic recurring revenue increased 8.8%, and non-GAAP organic subscription revenue increased 16.2%.
      • GAAP income from operations decreased 22.0% to $18.7 million, with GAAP operating margin decreasing 350 basis points to 8.6%.
      • Non-GAAP income from operations increased 5.0% to $46.0 million, with non-GAAP operating margin decreasing 110 basis points to 21.0%.
      • GAAP net income increased 77.7% to $30.7 million, with GAAP diluted earnings per share of $0.64, up $0.28.
      • Non-GAAP net income increased 5.1% to $29.4 million, with non-GAAP diluted earnings per share of $0.61, up $0.02.
      • Non-GAAP free cash flow was $43.4 million, a decrease of $0.6 million.

      “We achieved our 2017 full-year financial guidance, exceeding the mid-point of our estimates and topping the high-end of our free cash flow range, executed against our long-term aspirational goals, and as our 2018 full-year financial guidance shows, we’re optimistic about the year ahead,” said Tony Boor, Blackbaud’s executive vice president and CFO. “Our free cash flow improvement is particularly strong for a second consecutive year. We’re updating our non-GAAP tax rate to correlate with our GAAP estimate, reducing our full-year tax rate from 32% in 2017 to 20% in 2018, which is primarily driven by the U.S. federal rate change. We’re also adopting ASC606 in 2018 and expect the largest financial effect to be associated with the deferral of commissions expense, which will positively impact our profitability.”

      An explanation of all non-GAAP financial measures referenced in this press release, including Blackbaud’s definition of non-GAAP free cash flow, is included below under the heading “Non-GAAP Financial Measures.” A reconciliation of the company’s non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release.

      Recent Company Highlights:

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

      Full-Year 2017 Results Compared to Full-Year 2016 Results:

      • Total GAAP revenue was $788.3 million, up 7.9%, with $651.0 million in GAAP recurring revenue, representing 82.6% of total GAAP revenue, and $522.9 million in GAAP subscription revenue, representing 66.3% of total GAAP revenue.
      • Total non-GAAP revenue was $790.8 million, up 7.7%, with $653.4 million in non-GAAP recurring revenue, representing 82.6% of total non-GAAP revenue, and $525.2 million in non-GAAP subscription revenue, representing 66.4% of total non-GAAP revenue.
      • Non-GAAP organic revenue increased 5.4% and non-GAAP organic recurring revenue increased 10.1%, and non-GAAP organic subscription revenue increased 17.9%.
      • GAAP income from operations increased 3.6% to $64.0 million, with GAAP operating margin decreasing 40 basis points to 8.1%.
      • Non-GAAP income from operations increased 12.7% to $162.5 million, with non-GAAP operating margin increasing 100 basis points to 20.6%.
      • GAAP net income increased 58.8% to $65.9 million, with GAAP diluted earnings per share up $0.50 to $1.38.
      • Non-GAAP net income increased 14.4% to $103.7 million, with non-GAAP diluted earnings per share up $0.25 to $2.17.
      • Non-GAAP free cash flow was $137.7 million, an increase of $28.2 million.

      Dividend
      Blackbaud announced today that its Board of Directors has declared a first quarter 2018 dividend of $0.12 per share payable on March 15, 2018 to stockholders of record on February 28, 2018. 

      Financial Outlook
      Blackbaud today announced its 2018 full year financial guidance, which includes anticipated impacts from adopting ASU 2014-09, Revenue from Contracts with Customers (Topic 606), in the first quarter of 2018:

      • Non-GAAP revenue of $870 million to $890 million
      • Non-GAAP operating margin of 20.6% to 21.0%
      • Non-GAAP diluted earnings per share of $2.75 to $2.88
      • Non-GAAP free cash flow of $165 million to $175 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.

      Adoption of Statement of Cash Flow Presentation Accounting Standard
      During the three months ended December 31, 2017 we early adopted ASU 2016-18, Statement of Cash Flows (Topic 230) – Restricted Cash, which requires entities to show the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. We retrospectively applied the changes in presentation to the statements of cash flows and no longer classify changes in restricted cash due to customers and due to customers as operating activities. Instead, changes in due to customers are now classified as financing activities. The impacts of adoption are reflected in the financial information herein. Future financial information presented in accordance with ASU 2016-18 will also include immaterial adjustments to reflect certain prior period errors. We will provide more detailed information regarding the impact of the early adoption of ASU 2016-18 in our annual report on Form 10-K for the year ended December 31, 2017. 

      Conference Call Details
      What:           Blackbaud’s 2017 Fourth Quarter Conference Call
      When:          February 7, 2018
      Time:           8:00 a.m. (Eastern Time)
      Live Call:    800-289-0462 (US/Canada); passcode 492095.
      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, healthcare 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 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.

      Investor Contact: Media Contact:
      Mark Furlong Nicole McGougan
      Director of Investor Relations Public Relations Manager
      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: the predictability of our financial results, expectations that our revenue will continue to grow, and expectations that we will achieve our projected 2018 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.

      Trademarks
      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 uses non-GAAP organic revenue growth, non-GAAP organic revenue growth on a constant currency basis, non-GAAP organic subscriptions revenue growth and non-GAAP organic recurring revenue growth, in analyzing its operating performance. Blackbaud believes that these non-GAAP measures are useful to investors, as a supplement to GAAP measures, for evaluating the periodic growth of its business on a consistent basis. Each of these measures 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 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 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.

      Non-GAAP free cash flow is defined as operating cash flow less capital expenditures, including costs required to be capitalized for software development, and capital expenditures for property and equipment.

      Beginning in 2018, Blackbaud intends to update the non-GAAP tax rate it applies when calculating non-GAAP net income and non-GAAP diluted earnings per share in future periods. Since the first quarter of 2016, for the purposes of determining non-GAAP net income, Blackbaud has utilized a non-GAAP tax rate of 32.0% in its calculation of the tax impact related to non-GAAP adjustments. Blackbaud intends to adjust this rate to 20.0% to better reflect its periodic effective tax rate calculated in accordance with GAAP and its current expectations related to the Tax Cuts and Jobs Act, which was enacted into law on December 22, 2017 and, among other items, reduces the federal tax rate for corporations from 35.0% to 21.0% beginning in 2018. The non-GAAP tax rate utilized in future periods 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 fourth quarter and full year 2017 measures of the tax impact related to non-GAAP net income and non-GAAP diluted earnings per share included in this news release are calculated under Blackbaud’s historical methodology.

      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 Names Catherine Cook LaCour as Chief Marketing Officer

      High-impact marketing executive to lead social good software leader into next era of growth

      Charleston, S.C. (January 12, 2018) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, announced today that Catherine Cook LaCour has been named Chief Marketing Officer (CMO), overseeing global marketing and the Blackbaud Institute for Philanthropic Impact™.

      LaCour takes the reins as CMO for the social good software leader with a career track record of breakthrough results in the public, private and social sectors. Prior to joining Blackbaud in 2010, she served as vice president of marketing & product management at Regent Education and vice president of marketing and business development for Infotech Strategies. She also served in Africa for the International Telecommunications Union, an arm of the United Nations.

      During her tenure at Blackbaud, LaCour has served in multiple marketing leadership roles. Over the last three years as senior vice president, she re-engineered Blackbaud’s corporate marketing function from the ground up and led the company to re-imagine its brand to better align with its purpose-driven mission and values. Under her leadership, Blackbaud has been honored with more than fifty noteworthy accolades and named to Fortune’s prestigious 56 “Companies Changing the World” list in 2017. She also launched the Blackbaud Institute for Philanthropic Impact to advance research and collaboration that accelerates social impact around the world.

      “As we embrace our commitment to help every organization in the social good community achieve digital transformation, there is no more qualified leader than Catherine LaCour to lead our global marketing strategy,” said Mike Gianoni, president and CEO of Blackbaud. “Her track record of building high-impact marketing teams coupled with her passion for creating remarkable customer experiences will play a critical role in our next season of innovation and growth.”

      LaCour is co-chair of Blackbaud’s women’s executive networking community and is actively involved as part of Fortune’s Most Powerful Women network. She regularly convenes leaders across sectors—in conjunction with platforms like the World Economic Forum and UN Week—to drive partnerships that strengthen the social economy.  She currently serves on the Board of Directors of the Women’s Refugee Commission, a nonprofit advocating for laws, policies and programs to improve the lives and protect the rights of refuge women and children. She also serves on the College of Charleston Graduate School’s Advisory Board. LaCour is a distinguished fellow with the Liberty Fellowship (a part of The Aspen Institute Global Leadership Network), a worldwide community of leaders from business, government and the nonprofit sectors who share a commitment to enlightened leadership and to using their creativity, energy and resources to tackle the foremost societal challenges of our times. She was recently invited by Secretary Bobby Hitt to serve on South Carolina Department of Commerce’s Council for Innovation Initiatives.

      LaCour is a sought-after expert on marketing and social impact, who regularly speaks at events like TEDx, the Social Innovation Summit, and more. She has a Master of Business Administration from American Graduate School of International Management (Thunderbird) and a Bachelor of Science in Business from the College of Charleston.

      “For Blackbaud, excellence in marketing is about a relentless pursuit of new ways to delight customers, to connect organizations and people, and to inspire innovation in ways that drives unprecedented impact,” said LaCour. “As a shared value company, we’re more bullish than ever about flexing this muscle for the good of the entire social economy.”

      For more about LaCour, and Blackbaud’s full executive leadership team, visit www.blackbaud.com/company/executive-leadership.aspx.

      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, healthcare 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 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.

      Media Contact
      Nicole McGougan
      Public Relations Manager
      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, 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.

      Blackbaud Announces Date of Fourth Quarter and Full-Year 2017 Financial Results

      Charleston, S.C. (January 12, 2018) – Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, will report its fourth quarter and full-year 2017 financial results on Tuesday, February 6 after the U.S. financial markets close for trading.

      Save Blackbaud’s fourth quarter and full-year 2017 earnings call event to a calendar

      In conjunction with this announcement, Blackbaud will host a conference call on Wednesday, February 7 at 8:00 a.m. ET to discuss the company’s financial results. A live webcast will be available and archived on Blackbaud’s investor webpage and to access the call, enter passcode 492095 after dialing 800-289-0462 for US/Canada. View the full list of additional international call-in numbers here.

      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, healthcare 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 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.

      Investor Contact
      Mark Furlong
      Director of Investor Relations
      843-654-2097
      Mark.furlong@blackbaud.com

      The Blackbaud Index: The Go-To Resource for Charitable and Online Giving Trends

      The Blackbaud Index reported that overall charitable giving to nonprofits increased 2.4 percent while online giving increased 14.1 percent for the three months ending November 2017 compared to the same period in 2016.

      The Blackbaud Index provides the most up-to-date information on charitable giving today. Tracking approximately $23 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 alerts, read about the methodology, or access special reports, visit www.blackbaud.com/blackbaudindex.

      Media Contact
      Nicole McGougan
      Public Relations Manager
      843.654.3307
      nicole.mcgougan@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, healthcare 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 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.

      JustGiving and imATHLETE Forge Event Marketing Partnership

      Leading tech companies team up to automate the way event participants engage with charities

      Charleston, S.C. (December 6, 2017) JustGiving™, a Blackbaud Company and the world’s leading social platform for giving, and imATHLETE, a leading online registration company, today announced they would work together to strengthen event fundraising and automate the way event participants engage with social good organizations.

      Reaching more consumers through the participatory sports world and connecting these populations with their communities to do good requires constant innovation and unique experiences for races. With this partnership, JustGiving and imATHLETE will offer event directors a way to reach and engage more runners and offer a unique fundraising journey that is fun and generates more money for charities and the communities they serve.

      “The partnership will leverage imATHLETE’s experience and expertise in the endurance industry and JustGiving’s sophisticated data science technology to enhance the relationship between event organizers and their participants,” said Jerry Needel, president and general manager of Blackbaud Consumer Solutions. “Together we can reach more people, and by introducing social tools that engage, nudge and reward fundraisers, we can push them to new levels and greatly increase the number of event participants who are raising money for charity.”

      imATHLETE and JustGiving are currently working to maximize charitable giving with the Skechers Performance Los Angeles Marathon 2018 and TD Five Boro Bike Tour 2017 presented by REI, and have additional partnership announcements forthcoming.

      “We are thrilled to work with JustGiving; by combining the transformative technology of both companies, we are creating a better experience for both athletes and event organizers,” said Jeff Matlow, imATHLETE’s CEO. “Most importantly, this partnership gives us a simple and social way for any athlete to connect to their community and do good.”

      The companies will be hosting a joint webinar to kick off the partnership on December 14 from 2:00 p.m. – 3:00 p.m. EST.

      About imATHLETE
      imATHLETE blends registration, coaching and e-commerce technology with the social networking and gamefication inherent in running, triathlon, cycling and all participatory sports. Recognized as a leading force in the sporting world with its industry-changing registration technology, imATHLETE is one of the fastest growing companies in the market. Its technology is transforming the relationship between event organizers and their participants. To learn more about imATHLETE, visit www.imATHLETE.com. Better yet, visit its blog at blog.imATHLETE.com/blog. imATHLETE also can be found on Twitter by following @IAmAthlete and by liking the imATHLETE Facebook page.

      About JustGiving
      JustGiving (a Blackbaud Company) is the world’s leading social platform for giving, enabling over 22 million people to raise over $4.5 billion for over 26,000 charities since launching in 2001. As a tech-for-good company, JustGiving develops world-class technology and innovative tools to fulfil its mission to connect people with the causes they care about. By making giving more simple, social and rewarding, JustGiving helps all causes, charities and people in need to reach more people and raise more money. For more information, visit www.justgiving.com.

      Media Contacts

      Rhys Goode
      PR Director, JustGiving
      0207 067 0900
      07715 963 976
      Rhys.Goode@justgiving.com

      Cortney Martin
      Marketing Manager, imATHLETE
      877.462.7979 x122
      cortney.martin@imATHLETE.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.

      The Blackbaud Index: The Go-To Resource for Charitable and Online Giving Trends

      The Blackbaud Index reported that overall charitable giving to nonprofits increased 1.9 percent while online giving increased 12.5 percent for the three months ending October 2017 compared to the same period in 2016.

      The Blackbaud Index provides the most up-to-date information on charitable giving today. Tracking approximately $23 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 alerts, read about the methodology, or access special reports, visit www.blackbaud.com/blackbaudindex.

      Media Contact
      Nicole McGougan
      Public Relations Manager
      843.654.3307
      nicole.mcgougan@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, healthcare 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 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.

      2017 Giving Tuesday Highest on Record

      Blackbaud reports online giving was up 28% with more than $60.9 million in online donations

      Charleston, S.C. (November 29, 2017) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, whose systems process a majority of the online donations made in the United States on #GivingTuesday, processed more than $60.9 million from over 7,200 organizations receiving donations this year. Online donations were up again for the sixth year running at 28% this year.

      “In this year of unprecedented disasters, it’s humbling to see how many organizations mobilized armies of volunteers, served hot meals, rebuilt homes, provided shelter, rescued people and pets, and stood up for victims in need wherever and whenever they were needed,” said Rachel Hutchisson, Blackbaud’s vice president of corporate citizenship and Philanthropy. “As a #GivingTuesday founding partner, we are proud that the movement continues to grow and this year was even more powerful as the day continued to garner donations for these groups to further their work and help them accomplish even more than they thought possible.”

      #GivingTuesday Donations Grew in 2017

      • #GivingTuesday online giving grew by 500% since its creation in 2012
      • Online giving has jumped by 28% since 2016
      • Online donation volume grew by 20% compared to 2016
      • 8% more social good organizations received an online donation on #GivingTuesday 2017 compared to 2016

      Technology Continues to Drive #GivingTuesday’s Success

      • Online average gift amounts exceeded $134
      • About 26% of online donations were made from a mobile device

      “Blackbaud has been monitoring and measuring #GivingTuesday online giving trends since the very beginning, and this year, we continued to see a double-digit increase in online donations,” said Steve MacLaughlin, Blackbaud’s vice president of data and analytics. “There was also strong growth in the volume of online gifts and average gift amounts. The modern day donor continues to increase their use of mobile devices and we saw that trend continue on #GivingTuesday 2017.”

      For more information about #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, healthcare 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 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.

      Media Contact
      Nicole McGougan
      Public Relations Manager
      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, 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.

      Blackbaud Extends Capabilities to Facebook Platform in Bold Move to Grow Online Giving

      Social good software leader to scale adoption of Facebook fundraising tools as it delivers a frictionless way for
      nonprofits to manage, process and record Facebook donations through its fundraising and engagement solutions

      New York, New York (November 29, 2017) — Today Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, announced it will integrate its cloud fundraising and engagement solutions with Facebook fundraising solutions. Blackbaud, Facebook and three enterprise nonprofits—JDRF, National Multiple Sclerosis Society and Susan G. Komen—worked closely on the pilot program that took advantage of the new Facebook Fundraisers API, which was announced at Facebook’s Social Good Forum today in New York. Blackbaud simultaneously delivered features to automatically give nonprofits seamless access and control over their Facebook fundraising tools.

      This announcement addresses an important requirement raised by nonprofits, which is to have an automated, cost effective and efficient way to leverage the reach of the Facebook platform to activate fundraisers while also managing, processing and recording those donations directly in their Blackbaud fundraising and engagement solutions. Prior to this announcement, nonprofits who leveraged Facebook Fundraising received the dollars, but donor information was not automatically translated to their CRM solution.

      “As an organization that relies on people across the nation to raise funds to support our mission, innovation is critical in delivering an outstanding donor experience,” said Graham McReynolds, chief marketing & development officer of the National Multiple Sclerosis Society, who piloted this new seamless integration between Facebook and Blackbaud TeamRaiser™ over the summer. “With this connection, our supporters can confidently take advantage of Facebook as another means to fundraise and see a full picture of their efforts. Ultimately, this allows us to expand resources to accelerate breakthroughs for everyone affected by multiple sclerosis.”

      By spring of 2018, Blackbaud will help significantly scale nonprofit adoption of Facebook fundraising tools by helping at least 500 of its nonprofit customers embrace its new integration. This will first be available in Blackbaud TeamRaiser, which supports some of the world’s largest charity-led peer-to-peer fundraisers for walking, running and cycling events—like Susan G. Komen’s Race for the Cure and JDRF’s One Walk. Specifically, Blackbaud customized an integration that automatically publishes Blackbaud TeamRaiser fundraisers to Facebook, enabling event supporters to simultaneously solicit donations directly via their own social networks and their TeamRaiser webpages while helping nonprofits view and manage Facebook transactions within TeamRaiser. Over time, Blackbaud intends to expand integration capabilities to its entire portfolio of cloud fundraising and engagement solutions.

      Blackbaud, which is the world’s 24th largest cloud software company and only provider of a cloud platform created exclusively and designed specifically for the social good community, emphasized that today’s announcement is another example of its commitment to strengthening the social economy through radical collaboration, unleashing the power of data and catalyzing the impact of individuals.

      “We’re proud that Facebook trusted Blackbaud as the global nonprofit software leader to build this very important integration, and we’re honored to be the first software company to leverage the new API,” said Mary Beth Westmoreland, chief technology officer at Blackbaud. “The beauty of Blackbaud’s cloud platform is that it’s not only designed for the unique needs and workflows of social good organizations, but also to be open and flexible. Our innovative cloud delivery model allowed us to rapidly find a creative solution to an expressed market need which will undoubtedly change the paradigm for how donors and causes connect and fundraise to drive global impact.”

      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, healthcare 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 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.

      Media Contact
      Nicole McGougan
      Public Relations Manager
      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, 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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