|[April 18, 2012]
Fundraising Momentum Continued in 2011, yet Challenges Remain for Higher Education Fundraisers
CHARLESTON, S.C. --(Business Wire)--
Blackbaud, Inc. (Nasdaq: BLKB) today announced the availability of the
2011 Index of Higher Education Fundraising Performance, a report that
provides a summary of Key Performance Indicators of annual funds at more
than 100 public and private institutions. The analysis is conducted
annually as part of Target (News - Alert) Analytics' donorCentrics
Collaborative Benchmarking service for higher education
organizations. Metrics are based on historical transactional information
and are standardized across institutions to provide the most accurate,
unbiased comparative performance information available in the sector.
"Most measures were in positive territory compared to 2010 results and
there is evidence that the worst of the economic decline is behind us,"
said Shaun Keister, co-author of the report, and vice chancellor of
development and alumni relations at the University of California-Davis.
"Programs are beginning to grow again, despite challenges with
reactivating lapsed donors and acquiring new ones."
Key findings include:
Most KPIs experienced modest increases in fiscal year 2011. In
some cases, this was a bounce-back year and in other metrics it was a
second year in positive territory, which in general, indicates
programs are recovering from the recession and benchmark lows
experienced in fiscal year 2009.
Revenue showed a median positive change of 6.1 percent and
overall retention rates were up slightly as well, demonstrating a
donor base that has stablized.
Some key measures have not rebounded, mostly notably
reactivation which continues to erode regardless of economic status,
along with participation rates, which continue their decline.
"The Great Recession of the past few years dramatically impacted trends
in higher education, and those trends are now, in general, reversing
back to pre-recession levels," said Jenny Cooke, director of higher
education benchmarking for Target Analytics, a Blackbaud company.
"Although, when it comes to participation rates and the ability to
inspire lapsed donors, the economy has much less impact, and the trends
continue in negative territory despite better economic news."
To download the report, register for the free web seminar 2011 Index of
Higher Education Fundraising Performance exploring the results on April
23 at 4 p.m. ET, or learn more about participating in future
donorCentrics Collaborative Benchmarking groups, visit www.blackbaud.com/higheredfundraising.
Serving the nonprofit and education sectors for 30 years, Blackbaud
(NASDAQ: BLKB) combines technology and expertise to help organizations
achieve their missions. Blackbaud works with more than 26,000 customers
in more than 60 countries that support higher education, healthcare,
human services, arts and culture, faith, the environment, independent
education, animal welfare, and other charitable causes. The company
offers a full spectrum of cloud-based and on-premise software solutions,
and related services for organizations of all sizes including:
fundraising, eMarketing, social media, advocacy, constituent
relationship management (CRM), analytics, financial management, and
vertical-specific solutions. Using Blackbaud technology, these
organizations raise more than $100 billion each year. Recognized as a
top company by Forbes, InformationWeek, and Software Magazine and
honored by Best Places to Work, Blackbaud is headquartered in
Charleston, South Carolina and has employees throughout the US, and in
Australia, Canada, Hong Kong, Mexico, the Netherlands, and the United
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 (News - Alert) 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.
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