Blackbaud Giving Fund distributes $2.2 billion to nonprofits globally
- In 2023, the Blackbaud Giving Fund disbursed nearly $600 million in charitable contributions, raising its total to over $2.2 billion since 2020.
- The majority of donations focused on sustainable cities, quality education, and health and well-being, with corporate donation matches making up about half of the total disbursements.
- The fund aims to simplify the giving experience and enhance the impact of charitable contributions, supporting nonprofits in their missions.
The Blackbaud Giving Fund, a donor-advised fund, has made significant strides in charitable giving, disbursing nearly $600 million in 2023 alone. This brings the total contributions to over $2.2 billion since the fund's inception in 2020. The donations primarily supported initiatives focused on sustainable cities, quality education, and health and well-being, reflecting the diverse interests of donors. Corporate donation matching played a crucial role, accounting for about half of the total disbursements, which highlights the importance of workplace philanthropy. The fund's model empowers employees to contribute to causes they are passionate about, effectively doubling the impact of individual donations. This approach not only enhances the philanthropic landscape but also fosters a culture of giving within organizations. The Blackbaud Giving Fund aims to simplify the donation process, providing a secure platform for both individuals and companies to support vetted nonprofits. In addition to financial contributions, the fund offers various resources to nonprofits, including donor communication tools and statistical reports, which help organizations manage their donations effectively. This comprehensive support system is designed to ensure that nonprofits can focus on their missions without the burden of administrative tasks related to fundraising. Looking ahead, the Blackbaud Giving Fund remains committed to enhancing the impact of charitable giving. By continuing to connect donors with meaningful causes, the fund seeks to unleash generosity and support nonprofits in their vital work across the globe.