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BLACKBAUD, INC.

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Competing for Good: Blackbaud Employees Participate in Pro Bono Pitch to Benefit Nonprofits

06/11/2021 | 09:08am EDT

Blackbaud employees embarked on a special virtual give-back activity this month in partnership with Common Impact, a nonprofit organization that connects skilled volunteers to nonprofits in need of their expertise. Thirty employees from a range of departments and locations, including Canada, Costa Rica and eleven states in the U.S., came together for our first Pro Bono Pitch Competition. Employees were paired with two nonprofits, Christina's House and Wings for Kids, to develop capacity building strategies and to help solve a problem presented by the nonprofit.

The event took place over four hours, beginning with an overview of each nonprofit's challenge and a question-and-answer session so employee volunteers could really dig into the finer details. Soon after, employees were split up into teams and entered the incubation tank, where they quickly came up with feasible solutions to the challenges presented and a plan for implementing them.

The pinnacle of the event took place when all teams came back together to pitch their proposed solutions to the nonprofits to see whose idea would be the winning one. 'I wish we had more time! I would have loved to spend all day doing this!' said Shannon Mumblo, Christina's House executive director.

Blackbaud employee Elizabeth Favre, a technical writer, shared, 'This was a really inspiring and re-energizing experience. I'm excited to get back to my Blackbaud work to help [our nonprofits partners] succeed!'

The event gave many employees the opportunity to collaborate with new colleagues for the first time and meet people across regions and business units that they wouldn't normally interact with in their regular jobs. While there were ultimately only two winning ideas chosen, all of the solutions pitched that day became valuable assets for the nonprofits participating, as they were able to take all ideas back to their teams.

The impact that volunteers made that day will be long lasting. 'Getting to work with individuals outside my department to support a non-profit -our real purpose felt met today' shared Laura Grannell, manager, Education Services, Blackbaud.

Learn more about Blackbaud Corporate Social Responsibility here. Learn more about Common Impact here.

Disclaimer

Blackbaud Inc. published this content on 11 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 June 2021 13:07:09 UTC.


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Financials (USD)
Sales 2021 905 M - -
Net income 2021 22,1 M - -
Net Debt 2021 515 M - -
P/E ratio 2021 168x
Yield 2021 0,31%
Capitalization 3 637 M 3 637 M -
EV / Sales 2021 4,59x
EV / Sales 2022 4,38x
Nbr of Employees 3 100
Free-Float 77,8%
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Mean consensus HOLD
Number of Analysts 9
Average target price 74,83 $
Last Close Price 76,50 $
Spread / Highest target 15,0%
Spread / Average Target -2,18%
Spread / Lowest Target -28,1%
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Managers and Directors
NameTitle
Michael P. Gianoni President, Chief Executive Officer & Director
Anthony W. Boor CFO, Executive VP-Finance & Administration
Andrew M. Leitch Chairman
Mary Beth Westmoreland Chief Technology Officer & Senior Vice President
Todd Lant Chief Information Officer
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