BLKB

Blackbaud, Inc. (NASDAQ:BLKB) is a leading provider of cloud-based software solutions specifically designed for the social good sector. Founded in 1981 and headquartered in Charleston, South Carolina, the company went public in 2004. Blackbaud has established itself as the dominant player in nonprofit technology, serving over 45,000 organizations worldwide including higher education institutions, K-12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, and corporate social responsibility programs. The company has evolved from a traditional software vendor to a comprehensive cloud-based platform provider, completing significant strategic initiatives including the divestiture of its underperforming EVERFI business unit in late 2024 to refocus on its core social sector strengths.