We chose the Blackbaud Community Foundation Solution because it seems to encompass all of the applications we need to manage every aspect of our enterprise and meet new challenges.
Charleston, SC (PRWEB) May 11, 2011
Blackbaud, Inc. (Nasdaq: BLKB) today announced that Vancouver Foundation has chosen the Blackbaud Community Foundation Solution to provide enterprise-level community foundation management. With more than 1,400 funds, and assets of almost $750 million, Vancouver Foundation is Canada’s largest community foundation, investing in communities since 1943. Since that time, in partnership with their donors, Vancouver Foundation has distributed more than $830 million to innovative projects and programs throughout the province.
“We chose the Blackbaud Community Foundation Solution because it seems to encompass all of the applications we need to manage every aspect of our enterprise and meet new challenges,” said Karina Thomas, director of information technology for Vancouver Foundation. “Our fund holders and grant recipients are interested in greater online access to manage their endowments and grant applications. The implementation of Blackbaud software throughout our organization will help provide an infrastructure that supports our growth and expansion well into the future.”
“We’re extremely pleased that Vancouver Foundation has placed its trust in Blackbaud and our Community Foundation Solution for this significant, enterprise-level upgrade,” said Charles T. Cumbaa, President of Blackbaud’s Enterprise Customer Business Unit. “Local communities in British Columbia increasingly count on grants from Vancouver Foundation to improve every aspect of their lives, including the arts, healthcare, animal welfare and the environment. Blackbaud will be there to support Vancouver Foundation with expertise and technology tailored to their needs.”
Blackbaud’s Community Foundation Solution includes The Financial Edge™ for financial management, The Raiser’s Edge® for donor management, Blackbaud® NetCommunity™ for website management, Fusion Labs’ GrantedGE® for grant management and PROFFER On-Line Applications/Evaluations for interactive custom scholarships and proposals.
“The addition of Vancouver Foundation gives Fusion Labs access to the knowledge of the specific work flows and business process’ of one of Canada’s premier foundations,” said Mark A. Hall, Chief Business Officer for Fusion Labs. “This opportunity allows us to incorporate their unique requirements and specialized needs into the configuration console of both GrantedGE and PROFFER. We can systematize their best practices and add discrete new functions to our software that can then be provided to all Canadian foundations that follow in the near future.”
Blackbaud is the leading global provider of software and services designed specifically for nonprofit organizations, enabling them to improve operational efficiency, build strong relationships, and raise more money to support their missions. Approximately 24,000 organizations — including The American Red Cross, Cancer Research UK, Earthjustice, International Fund for Animal Welfare, Lincoln Center, The Salvation Army, The Taft School, Tulsa Community Foundation, Ursinus College, the WGBH Educational Foundation, and Yale University — use one or more Blackbaud products and services for fundraising, constituent relationship management, financial management, website management, direct marketing, education administration, ticketing, business intelligence, prospect research, consulting, and analytics. Since 1981, Blackbaud’s sole focus and expertise has been partnering with nonprofits and providing them the solutions they need to make a difference in their local communities and worldwide. Headquartered in the United States, Blackbaud also has operations in Australia, Canada, Hong Kong, the Netherlands, and the United Kingdom. For more information, visit http://www.blackbaud.com.
Fusion Laboratories, Inc. is the provider of a comprehensive grants management package, GrantedGE, which is fully integrated into Blackbaud's flagship products, RE, FE and NetCommunity. GrantedGE links Raiser's Edge organizational information (recipients, grantees, donors) with Financial Edge data (checks, interfund transfers, cash available balances, spending policies limits). PROFFER is a suite of online web applications that focus on the search, completion and submission of competitive applications (proposals) and scholarship applications, with committee review, scoring, and evaluation. The GrantedGE and PROFFER products are, designed for foundations by foundations. For more information, visit http://www.grantedge.net
PR for Blackbaud, Inc.
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 http://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.