Blackbaud Announces the Next Generation of Cloud Grantmaking

CHARLESTON, S.C., April 5, 2018 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced its next generation cloud offering for grantmaking.

Blackbaud Grantmaking™, the company's newest and most comprehensive grants management solution, evolves the experience previously available with its original grantmaking solution, GIFTS Online™ to take full advantage of the rapid innovation, modern user experience, and enhanced capabilities made possible by its modern, open cloud platform, Blackbaud SKY®.

Blackbaud Grantmaking helps organizations manage modern grantmaking configured to the unique practices and capabilities of each grants cycle, ultimately allowing foundations, corporations and nonprofits to more effectively manage constituent engagement, financial reporting, and other critical processes—all while making the collaboration between grantors and grantees more effective.

Customers who participated in the early adopter program gave Blackbaud Grantmaking rave reviews for usability, flexibility and performance.

• "It's been very exciting for our organization to be a part of the Blackbaud Grantmaking early access program," said Melenie Magnotta, chief operating officer of the Aetna Foundation. "The new solution is very intuitive and will help us approve grants more quickly and improve our collaboration with our grantees, ultimately helping us have a bigger impact."
• "We are pleased with the innovation Blackbaud continues to release in its cloud solutions, such as Blackbaud Grantmaking," said Deena Lauver Scotti, director of grants management at the Missouri Foundation for Health. "One of the reasons our organization is now adopting its cloud accounting solution, Financial Edge NXT™, is because it easily integrates with Blackbaud Grantmaking and we will be able to seamlessly navigate between the two solutions." 
• "We are really excited by the updated design in Blackbaud Grantmaking, and we're eager to have the opportunity to help guide the future of this solution by participating in the early access program," said Salvo La Rosa, VP, research & development, Children's Tumor Foundation. "Since we use the Google suite of products, being able to use the Chrome browser with the new Blackbaud Grantmaking solution will allow us to work more seamlessly."

With configurable workflows that combine the power of data with simplified views and access, every Blackbaud Grantmaking user is empowered to work smarter.

"In today's shifting grantmaking landscape, the demand for better collaboration, increased transparency, enhanced data and analytics, especially around impact and intuitive workflow, continues to grow," said Kevin McDearis, Blackbaud's chief products officer. "Blackbaud is driving a stronger social economy, supporting over 40,000 organizations with the most progressive technology solutions in the industry. We are the only grantmaking technology provider that offers organizations a comprehensive suite of purpose-built solutions, connected data from across the social good community, and a configurable grantmaking solution that increase grant effectiveness."

Learn how moving to Blackbaud Grantmaking will make it easy for organizations to manage their grants process strategically and efficiently by registering for an upcoming webinar or requesting a product demo. For more information about Blackbaud Grantmaking, visit www.blackbaud.com/blackbaudgrantmaking.

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 Manager843-654-3307 [email protected] 

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.

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SOURCE Blackbaud