Blackbaud Partners with CAF America to Process Cross-Border Donations to Charitable Organizations in India

Agreement will assist with regulatory compliance, risk mitigation, and reputation protection for donations made through Blackbaud’s YourCause® platform

Charleston, SC and Alexandria, VA (July 9, 2024) – Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, announced a partnership with CAF America, a global grantmaking organization, to support the processing of donations made through the YourCause® from Blackbaud® platform to charitable organizations based in India.

YourCause from Blackbaud provides modern, purpose-built software solutions designed to amplify the impact a company can make through its corporate social responsibility (CSR) initiatives. YourCause expands what is possible for companies and their employees by connecting them to over nine million nonprofits globally through actions of giving, volunteering, social activity engagement, and grantmaking.

Donations made through the YourCause platform are disbursed to charitable organizations through the Blackbaud Giving Fund in select markets. Due to regulatory requirements in some parts of the world, Blackbaud will select a third party to process payments to ensure a database of eligible and vetted nonprofits. Through this agreement with CAF America, the Blackbaud Giving Fund will establish a Charity Advisement Fund to process donations made through the YourCause platform to India-based nonprofits and charities.

“Blackbaud undertook an extensive vetting process to select a reputable organization that meets compliance with both U.S. regulations and local laws governing the movement of foreign charitable funds,” said Matt Nash, executive director, Blackbaud Giving Fund. “This agreement with CAF America helps ensure that due diligence is conducted to confirm that charities have been vetted and validated to protect YourCause donors. We’re excited to resume cross-border giving to support charitable organizations in India.”

“CAF America is pleased that Blackbaud selected our organization to assist with donation processing to charitable organizations located in India,” said Jessie Krafft, interim CEO of CAF America. “Our partnership—and commitment to regulatory and compliance best practices—will provide donors the opportunity to give to Indian-based charities with confidence.”

Blackbaud is committed to providing companies around the world with the tools and resources they need to support global programs, enabling them to engage employees and nonprofits everywhere they do business. Companies using YourCause have engaged employees in over 170 countries, with 26 languages supported and 172 currencies available. For companies seeking an end-to-end approach to social impact, Blackbaud’s full suite of corporate social impact solutions and groundbreaking AI-powered impact reporting and storytelling tools make it easy to transform results into powerful narratives and demonstrate their impact.

Learn more about YourCause and Blackbaud’s corporate responsibility solutions here.  

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud’s solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

About CAF America
Charities Aid Foundation America (CAF America) works with donors looking to support charitable organizations around the world by providing the infrastructure necessary for high-quality, regulatory-compliant grantmaking and maintaining a worldwide network of fully vetted charity partners. For over 30 years, CAF America’s core mission has been to streamline charitable giving through donor-advised giving, driven by their industry-leading organizational vetting and due diligence protocols. They enable donors to make strategic, cost-effective, and tax-advantaged grants while reducing the risk, reputational exposure, and administrative burden associated with regulatory-compliant grantmaking. CAF America’s worldwide reach translates into more than $4.6 billion in donor funds and over 1.8 million eligible organizations in 135 countries. Learn more at cafamerica.org.   

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Blackbaud 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, including statements regarding expected benefits of products and product features. 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 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.