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Blackbaud, Inc.

Type	Public (NASDAQ: BLKB)
Founded	New York (1981)
Headquarters	Charleston, South Carolina, USA
Key people	Anthony Bakker, Founder Marc Chardon, CEO
Industry	software publishing
Revenue	▲ $257 million USD (2007)
Employees	~1,900 (October, 2008)
Website	www.blackbaud.com

Blackbaud Inc. is a supplier of software specifically designed for charities, schools, universities, and other not-for-profit organizations. Its products focus on fundraising, financial management, ticket sales, education administration, and web site management.

Blackbaud's flagship product is a fundraising SQL database software, The Raiser's Edge. In 2006, approximately two-thirds of Blackbaud's annual revenue was generated from sales, maintenance and associated services for The Raiser's Edge. Other products include Blackbaud Enterprise CRM, The Financial Edge, The Education Edge, Blackbaud Student Information Systems, The Patron Edge, Blackbaud NetCommunity, and Target Analytics. In addition, Blackbaud offers consultancy services to not-for-profit organizations.

The company was founded in 1981, and now employs over 1,900 people, with over 22,000 customers worldwide. Its headquarters are in Daniel Island, Charleston, South Carolina, with additional offices in Cambridge, Massachusetts; Denver, Colorado; Indianapolis, Indiana; San Diego, California; Toronto, Ontario; Glasgow, Scotland; London, England; and Sydney, Australia. In 2007, Blackbaud had a turnover of $257 million. On July 22, 2004, the company announced an Initial Public Offering and is now quoted on the NASDAQ under the stock ticker BLKB.

Company name

Blackbaud's name is a portmanteau of the words "blackboard", chosen for its association with school classrooms (the company mainly developed software for schools during its early years), and "baud", a word associated with computer technology at the time.

References

External links

• Blackbaud home page
• Annual report (PDF)