Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today filed a Form 8-K with the United States Securities and Exchange Commission (SEC) stating that the Company concluded a material pre-tax noncash impairment charge, which may be up to approximately $415 million, is required for its EVERFI asset group and will be recorded during the fourth quarter of 2024.

Over 1,700 fundraisers looking to boost donations to their organizations entered Blackbaud’s recent Giving Glow-Up Giveaway, a contest for new and existing users of Blackbaud’s Standard and Optimized Donation Forms available in Blackbaud Altru®, Blackbaud CRM™, and Blackbaud Raiser’s Edge NXT®. Three organizations using the forms were randomly selected and each awarded with a $5,000 donation from Blackbaud.

Blackbaud has appointed Bradley Pyburn, retired Air Force major general and former chief of staff for U.S. Cyber Command, to its board of directors. With an accomplished career across the military and government sectors, Pyburn brings more than three decades of experience in cybersecurity, IT and enterprise operations.

November 11th marks a day of profound significance and is a time when many pause to honor and remember the brave individuals who have served in their country’s armed forces. In the US this day is observed as Veterans Day, which became a federally recognized holiday in 1938, and honors the contributions and sacrifices of all veterans past and present. 

Blackbaud today announced financial results for its third quarter ended September 30, 2024.

Blackbaud will report its third quarter 2024 financial results on Wednesday, October 30, before the U.S. financial markets open for trading. In conjunction with this announcement, Blackbaud will host a conference call at 8:00 a.m. ET to discuss the company’s financial results.

Opioid overdoses among young people have risen steadily in recent years. To address this alarming trend, Truth Initiative, the organization behind truth®—the nationally recognized and proven-effective youth tobacco and opioid prevention campaigns—EVERFI® from Blackbaud®, the leader in social impact education, and the Pennsylvania Office of the Attorney General (OAG) hosted a youth opioid prevention event to empower students with the knowledge to make safe and healthy decisions about prescription drugs and increase understanding of the dangers of fentanyl and counterfeit pills.  

In observance of Black History Month in the UK this October, Blackbaud is excited to celebrate the rich heritage and culture of the black diaspora across the UK. This time of celebration uplifts the fundamental impacts that black people of African and Caribbean descent have made to British society for centuries.  

The Blackbaud Board of Directors will carefully evaluate the proposal to determine the course of action that it believes is in the best interest of the Company and all Blackbaud stockholders.

Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, is pleased to continue its strategic partnership with the Association of Fundraising Professionals (AFP) and is delighted to be the presenting sponsor of the AFP ICON conference, which kicks off April 7 in Toronto.