The Blackbaud Giving Fund
- Assets
- $49.8m
- Revenue
- $589.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Charleston, SC
- Founding
- 04/2014
- Data as of
- 12/2023
- EIN
- 46-0942102
Organization Overview
The Blackbaud Giving Fund is located in Charleston, SC. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blackbaud Giving Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Blackbaud Giving Fund generated $589.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 51.0% each year . All expenses for the organization totaled $593.0m during the year ending 12/2023. While expenses have increased by 51.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Blackbaud Giving Fund has awarded 40,440 individual grants totaling $1,697,152,533. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BLACKBAUD GIVING FUND UNLEASHES GENEROSITY BY CONNECTING PEOPLE TO CAUSES THEY CARE ABOUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLACKBAUD GIVING FUND HARNESSES THE POWER OF CORPORATE GIVING TO MAKE GRANTS FROM DONOR ADVISED FUNDS THAT SUPPORT DIVERSE PHILANTHROPIC CAUSES TO DOMESTIC AND INTERNATIONAL CHARITIES. THE BLACKBAUD GIVING FUND ALSO MAKES GRANTS FROM DONOR ADVISED FUNDS THAT SUPPORT PEER TO PEER CHARITABLE GIVING FOR INDIVIDUAL FUNDRAISING CAMPAIGNS. THE BLACKBAUD GIVING FUND OVERSEES, ASSESSES, COMBINES, AND DISTRIBUTES GRANTS ON A TIMELY BASIS AT THE END OF EACH CAMPAIGN TO VETTED CHARITIES THAT QUALIFY IN ACCORDANCE WITH SECTION 501(C)(3). IN 2023, GRANTS TOTALED $589,235,459 AND SUPPORTED A VARIETY OF CHARITABLE CAUSES INCLUDING EDUCATION, HUMAN SERVICES FOR THE DISTRESSED AND UNDERPRIVILEGED, SCIENTIFIC RESEARCH, HEALTH, ARTS/HUMANITIES, RELIGION, CHILDREN AND YOUTH, WILDLIFE AND ANIMAL WELFARE, DISEASE PREVENTION, DISASTER RELIEF, AND INTERNATIONAL AID. IN 2023, BBGF WORKED WITH CORPORATIONS TO RECEIVE CONTRIBUTIONS FROM INDIVIDUAL EMPLOYEES, MATCHING GRANTS FROM THEIR EMPLOYERS, AND DIRECT DONATIONS FROM CORPORATIONS AND CORPORATE FOUNDATIONS. DONORS MAKE RECOMMENDATION(S) AT THE TIME OF CONTRIBUTION AND BBGF OVERSEES, ASSESSES, COMBINES, AND DISTRIBUTES GRANTS ON A TIMELY CADENCE (MONTHLY) TO VETTED CHARITIES THAT QUALIFY IN ACCORDANCE WITH SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Angerman Director | Trustee | 4 | $0 |
Dan Aptor Chair | Trustee | 2 | $0 |
Elizabeth Marenakos Director | Trustee | 2 | $0 |
David Kimm Director | Trustee | 2 | $0 |
Tycely Williams Director | Trustee | 2 | $0 |
Matthew Nash Executive Director | Officer | 40 | $325,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $586,759,088 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $586,759,088 |
| Total Program Service Revenue | $0 |
| Investment income | $1,384,937 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $589,340,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $581,266,828 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,968,630 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $363,176 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,300 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,681 |
| Fees for services: Legal | $40,037 |
| Fees for services: Accounting | $107,621 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $234,946 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,952 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $77,369 |
| All other expenses | $0 |
| Total functional expenses | $592,988,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,732,353 |
| Savings and temporary cash investments | $47,716,440 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $304,247 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,335 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $49,807,375 |
| Accounts payable and accrued expenses | $276,778 |
| Grants payable | $26,893,673 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $27,170,451 |
| Net assets without donor restrictions | $22,636,924 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $49,807,375 |
Grants Awarded
Over the last fiscal year, The Blackbaud Giving Fund has awarded $442,829,100 in support to 14,502 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF SAVANNAH INC PURPOSE: GENERAL SUPPORT | $5,150 |
100 BLACK MEN OF AMERICA INC PURPOSE: GENERAL SUPPORT | $7,947 |
100 BLACK MEN OF THE BAY AREA INC PURPOSE: GENERAL SUPPORT | $7,052 |
100 NEEDIEST CASES PURPOSE: GENERAL SUPPORT | $8,940 |
11 DAY POWER PLAY INC PURPOSE: GENERAL SUPPORT | $6,092 |
1-1 FOUNDATION PURPOSE: GENERAL SUPPORT | $7,033 |