BLACKBAUD INC

Blackbaud is the leading cloud software provider for the social good community. It serves nonprofits, foundations, educational institutions, healthcare organizations, and faith-based entities. Anthony Edwards founded it in 1981 in Charleston, South Carolina. Over four decades, the company has built deep expertise in fundraising, financial management, and constituent engagement for mission-driven organizations.

Raiser's Edge NXT and Blackbaud CRM are the flagship fundraising and donor management tools. They provide donor databases, gift processing, prospect research, major gift management, and campaign tracking. Thousands of nonprofits, universities, and healthcare systems run their fundraising operations on these products.

Financial Edge NXT handles fund accounting built specifically for nonprofit requirements. That includes fund restrictions, grant management, and compliance reporting. Education management solutions serve K-12 private schools and higher education with student information systems, enrollment management, tuition billing, and learning management.

JustGiving and Peer-to-Peer Fundraising power online giving and crowdfunding campaigns. Merchant Services processes billions in charitable payments annually. EVERFI, acquired in 2022, provides digital learning for financial literacy, social-emotional learning, and workplace compliance, reaching millions of learners through corporate sponsorships.

The social good ecosystem creates network effects. As more organizations use Blackbaud's connected platforms, collective data about donor behavior, giving trends, and fundraising effectiveness becomes more valuable. Blackbaud Intelligence uses AI for donor propensity modeling, wealth screening, and benchmarking insights from this aggregated data.

The target market spans nonprofits, foundations, schools, higher education, healthcare organizations, and corporations with social responsibility programs. Sales combines a specialized direct force with inside sales and a partner channel.

Annual revenue is roughly $1.1 billion with gross margins around 57%. Revenue is predominantly recurring from subscriptions, maintenance, and transaction fees. The company has been executing a multi-year cloud transformation, migrating legacy customers to cloud solutions and improving efficiency.

Blackbaud Intelligence provides AI-powered fundraising recommendations, donor engagement scoring, and predictive analytics. With about 3,500 employees and unmatched depth in nonprofit technology, Blackbaud is the foundational technology partner for organizations focused on social impact.