Blackbaud's Community Foundation Summit Focuses on Internet Strategy
Foundation For The Carolinas will use Blackbaud's Community Foundation Solution to bring constituent relations online and manage 1660 charitable funds.
Charleston, SC (Vocus/PRWEB ) May 22, 2007 -- Blackbaud, Inc. (NASDAQ: BLKB), along with Fusion Labs, recently hosted more than 40 nonprofit leaders from across the nation at a three-day meeting focusing on key issues facing community foundations. The companies presented a vision for their latest community foundation offerings, including enhanced Internet tools.
"Community foundations that adopt an aggressive stance on the Web are the ones that will thrive in the future," Liz Marenakos, Blackbaud's director of CRM solutions said to the audience of foundation professionals. "Now is the time to think about how technology can help you differentiate your organization and take a leadership role in your community - the Web will be an important tool in helping you do that."
More than 60 organizations use Blackbaud's Community Foundation Solution. Among Blackbaud customers who participated in the event were Foundation For The Carolinas (FFTC), The Seattle Foundation, Maine Community Foundation, and Communities Foundation of Texas (CFT).
"Collaboration with Blackbaud and Fusion Labs has provided Communities Foundation of Texas with the right tools to be effective in connecting donors with the vital work of nonprofits," said Brent Christopher, CFT's president and chief executive officer. "Particularly through interactive Web-based solutions, the role of the Foundation will become increasingly more relevant to addressing the needs in our community. Blackbaud and Fusion Labs are leading the way."
Debra Watt, Foundation For The Carolinas' vice president of finance and operations, spoke about her experience with Blackbaud and Fusion Labs and the Foundation's project vision. FFTC is one of the top 30 community foundations in the United States. Managing assets of $650 million and more than 1660 charitable funds, the Foundation will use Blackbaud's Community Foundation Solution to support its complex financial management and future growth, and to build an interactive online community with its constituents.
"Our client focus requires us to have a robust CRM platform, and Blackbaud has been very responsive in assessing our issues and providing solutions. We are also excited to have the opportunity to provide our input for enhanced online tools at this event," said Watt. "I want to thank Blackbaud for their commitment to community foundations - it has truly been a collaborative effort."
Blackbaud's Community Foundation Solution, including fundraising and CRM; financial administration; Web site management; and business intelligence tools, will enable FFTC to increase efficiency, make better business decisions, and build stronger relationships with its supporters. The Foundation will also rely on Fusion Labs to provide an integrated grants management solution, GrantedGE.
"The opportunity to co-host this bi-annual event with Blackbaud and the valuable input from participants has provided us with great insight into designing and developing technology that will continue to support the specific needs of community foundations," said Mark Hall, Fusion Labs' chief business officer. "Our endeavors to maximize the benefits of portal technology for the foundation space and to deploy solutions that automate the grant making process online were well-received by the attendees."
For more information, visit www.blackbaud.com/foundations.
About Blackbaud
Blackbaud is the leading global provider of software and related services designed specifically for nonprofit organizations. Approximately 16,000 organizations -- including the American Red Cross, Dartmouth College, the WGBH Educational Foundation, Episcopal High School, Lincoln Center, Cancer Research UK, Special Olympics, and Arthritis Foundation -- use one or more of Blackbaud products and services for fundraising, financial management, direct marketing, Web site management, school administration, and ticketing. Blackbaud's solutions include The Raiser's Edge®, Blackbaud Enterprise CRM™, Blackbaud Direct Marketing™, Team Approach®, The Financial Edge™, The Education Edge™, The Patron Edge®, Blackbaud® NetCommunity™, The Information Edge™, WealthPoint™, ProspectPoint™, and donorCentrics™, as well as a wide range of consulting, analytical, and educational services. Founded in 1981, Blackbaud is headquartered in Charleston, South Carolina and has operations in Cambridge, Massachusetts; Toronto, Ontario; London, England; Glasgow, Scotland; and Sydney, Australia. For more information, visit www.blackbaud.com.
About Fusion Labs
Fusion Laboratories, Inc. offers a full-range of IT Outsourcing and Enterprise Application Services that include Software Development, Managed Services, Application Commercialization, and Project Management and provides stable, flexible and secure IT infrastructure. Fusion Labs mission: empower business by leveraging technology. For more information, visit www.fusionlabs.net.
Media Contacts:
Melanie Milonas
Blackbaud, Inc.
melanie.milonas(at)blackbaud.com
843.216.6200 x3307
Michelle Heller
Fusion Laboratories, Inc.
mheller(at)fusionlabs.net
214.739.5454
Source: Blackbaud
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: management of integration of Target Software and Target Analysis and other risks associated with acquisitions; risk associated with successful implementation of multiple integrated software products; lengthy sales and implementation cycles, particularly in larger organizations; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; 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; 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 websites 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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