| Blackbaud Index Reports Continued Growth in Charitable Giving |
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| Written by News | |||
| Tuesday, 18 January 2011 15:16 | |||
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Blackbaud, Inc. (Nasdaq: BLKB) has announced the release of a report focused on fundraising trends based on monthly findings from The Blackbaud Index and featuring commentary from Dave Strauss, president and chief executive officer of SCA Direct. Additionally, Blackbaud announced the release of a new specialty index focused on environmental and animal welfare organizations.
"With the elections behind us, and the economy and markets improving, fundraising results have started to stabilize," said Chuck Longfield, Blackbaud's chief scientist and creator of The Blackbaud Index. "The Blackbaud Index of Charitable Giving has shown positive growth for four consecutive months, however, the U.S. is still a long way from putting its economic house in order. I expect 2011 to continue the trend of the past 4 months with slow but steady improvement across most industries and organizations." The Blackbaud Index of Charitable Giving and The Blackbaud Index of Online Giving are updated on the 15th of each month and are based on a three-month moving average of year-over-year percent changes in charitable giving. They represent the most comprehensive and timely sources of charitable giving available. (Read more about the methodology atwww.blackbaud.com/ The Blackbaud Index of Charitable Giving Blackbaud also releases additional data and analysis that reports on organizations by size. The Index found that three-month overall giving for small organizations (prior year revenue of < $1 million) increased 18.2% in November, while overall giving at medium organizations (prior year revenue of $1 - 10 million) decreased 10.1%, and overall giving at large organizations (prior year revenue > $10 million) decreased 0.3%. The Blackbaud Index of Online Giving The Index found that three-month online giving for small organizations (prior year revenue of < $1 million) increased 20.2% in November, while online giving at medium organizations (prior year revenue of $1 - 10 million) increased 4.8%, and online giving at large organizations (prior year revenue > $10 million) increased 8.3%. The Blackbaud Index - Environmental and Animal Welfare The Blackbaud Index of Online Giving reports that environmental and animal welfare organizations had an online giving increase of 15.8% for the three months ending November 2010, as compared to the same period in 2009. This trend is based on $18 million in 12 month online charitable revenue from 109 organizations and continued the double digit percentage online growth trend. Dave Strauss, president and chief executive officer of SCA Direct, a direct marketing agency specializing in programs that build donor/member loyalty, provided commentary on The Blackbaud Index in a report that accompanied this month's update. "There are two events that greatly affected conservation and environmental organizations in 2010," said Strauss. "First, the bump you see in May, June and July has to do with the BP oil spill. Many environmental organizations promoted the work they were doing in Louisiana and the Gulf, and it showed in the donations they received during those months. Second, when the climate bill didn't pass in July, the wind came out of the fundraising sails, which sent organizations into a three-month dip. If it would have been passed, there would have been a new momentum in the environmental community, creating expectations for organizations to help lead the way." According to Strauss, the consistent double digit growth in online fundraising in 2010 is only the beginning. "In the next two to five years, we're going to see even larger shifts to online channels," said Strauss. "Nonprofits should evaluate their online contact strategy and integration between on and offline as it is critical to understanding how an organization is interacting and reacting with its supporters." Diane Clifford, senior vice president of marketing and constituent development at Defenders of Wildlife reported that the organization saw a similar online trend identified by The Blackbaud Index with a Q2 bump in fundraising revenue related to the BP oil spill, then smaller increases through year-end. "Our offline revenue followed the overall Index trends," she said. "With the drop in consumer confidence and the stock market over the summer, we experienced declining offline response rates, which stabilized in November and ticked up in December. We're most strongly feeling the impacts of reduced acquisition over the last several quarters and plan significant investments in 2011 to build back both the online and offline files." Visit www.blackbaud.com/ | |||
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About the Author: Kurt Martin is a Founder and Group Publisher of Progressive Media Group (PMG) and the Publisher of Nonprofit Technology News. During his 4 years as Publisher of The NonProfit Times, he grew the imprint from a single newspaper to a community of websites, online job boards, email newsletters and digital editions of the print editions. Prior to taking the role of Publisher he was the East Coast Sales Manager for Broad Daylight, Inc. a knowledgebase company. He also held management roles in advertising and ciruclation sales at American Banker/Bond Buyer (Thomson), Faulkner & Grey (Thomson) and SourceMedia (Investcorp.) Kurt graduated from Montclair State University with a B.A. in Political Science and Public Administration. |