Blackbaud, Inc. (ticker: BLKB, exchange: NASDAQ Global Market (.O))
News Release -
19-Oct-2011
Despite Global Economic Uncertainty, Nonprofits Are Optimistic
Heading into 2012New report finds that majority of organizations around the world
anticipate increases in charitable income, demand for services and
expenditures
CHARLESTON, S.C., Oct 19, 2011 (BUSINESS WIRE) -- Blackbaud, Inc. (Nasdaq: BLKB)
today announced the release of the 2011 Global State of the Nonprofit
Industry report, featuring survey results from 2200 international
respondents covering nonprofit general operations, fundraising,
technology and Internet usage, and impact reporting and board
performance. The results were also released today at the International
Fundraising Congress (IFC) in the Netherlands.
Key findings include:
- There is a growing sense of optimism in the global nonprofit sector
regarding growth in staffing and earned and charitable income in 2012.
Organizations also anticipate an increased demand for services and
increased expenditures.
"There is a very real sense of
optimism growing in the sector," said Andrew Watt, president and CEO,
Association of Fundraising Professionals (AFP), who provided
commentary in the report. "Rising giving levels are what is driving
the sense of optimism and, in turn, anticipated growth in staffing.
Part of that optimism is the nature of our missions--nonprofits work to
create change and inspire the public. We tend to be optimists, but
with a healthy dose of realism."
- Most organizations continue to leverage traditional channels,
even while they are increasingly using new interactive channels. More
than half of the organizations surveyed raise funds online and in most
countries have shown growth in percentage raised online from 2010 to
2011. While most respondents use social media tools, they are
directing their efforts towards potential donors, not communications
with other constituent groups.
"Direct mail fundraising is
at the core of most nonprofits," said Holly Ross, executive director
of the Nonprofit Technology Network (NTEN), who provided commentary in
the report. "Entire institutions, processes and support systems have
been built to support the direct mail empire in our sector. It's baked
into our DNA, and changing that is tough.
"Direct mail has
been around for a century now. By comparison, this online stuff is
still really new. Nonprofits are still experimenting, finding what
does work, and our donors are still getting used to the idea of giving
online. So at the end of the day, nonprofits aren't replicating the
success of offline fundraising, but they are defining success in a new
venue."
- Nonprofit organizations throughout the world feel that managing
relationships with supporters, new donor recruitment, and impact
reporting arecritical; however,they do not feel
they are doing a great job with these practices.
"The
single biggest challenge with supporter management is campaign
integration," said Adrian Sargeant, fundraising professor and
consultant, who provided commentary in the report. "Nonprofits need to
do more to integrate the online with their offline and their
fundraising with their advocacy and campaigning. Donors want one
coherent relationship with the organizations they support, not
multiple relationships with half a dozen different teams."
Regarding
donor recruitment, Sargeant said that smarter acquisition is the key.
"We should move away from short term measures of acquisition
performance such as the cost per donor, response rate, average
donation etc. and focus on spending a little more to recruit in donors
that will have a higher lifetime value."
Lastly, when it
comes to impact reporting, he advises nonprofits to look to their peer
organizations to create their own dashboards of relevant performance
metrics to provide stakeholders with a rounded picture of
organizational impact.
About the survey
The State of the Nonprofit Industry survey is disseminated via a unique
collaborative worldwide network of nonprofit country institutes,
associations and NGOs including: L'Association Française des
Fundraisers, Centro Studi Philanthropy, Fundraising Institute of New
Zealand (FINZ), The Resource Alliance, and Deutscher Fundraising
Verband. This year's SONI survey was fielded in June, 2011 and reports
on data from 2200 respondents in the UK, France, Germany, Holland,
Italy, USA, Canada, Australia and New Zealand. Conducted annually for
seven of the past eight years, the SONI Survey uncovers the degree to
which nonprofits anticipate changes in their organizations this year and
next. The survey report provides an overview of information that can
help nonprofits assess their operations and compare their performance
with that of other nonprofit organizations while offering valuable
commentary from experts in the field. To download the complete report,
visit www.blackbaud.com/industryanalysis.
About Blackbaud
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 www.blackbaud.com.
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.

SOURCE: Blackbaud, Inc.
Blackbaud, Inc. Melanie Mathos, 843-216-6200 x3307 media@blackbaud.com |