Overview
What is The Blackbaud Giving Fund?
The Blackbaud Giving Fund is a Charleston, South Carolina-based nonprofit organization that harnesses the power of corporate giving to make grants from donor-advised funds to a diverse range of domestic and international charities. In 2022, they distributed a significant grant total of $682 million, supporting causes such as education, human services, scientific research, health, arts and humanities, religion, children and youth, wildlife and animal welfare, disease prevention, disaster relief, and international aid. The organization collaborates with corporations to facilitate donations from individual employees, matching grants, and direct corporate donations. Donors recommend charities to support, and The Blackbaud Giving Fund oversees, assesses, combines, and distributes grants to vetted 501(C)(3) charities on a monthly basis. Their mission is to sponsor donor-advised funds that advance charitable causes worldwide, aligning with their exempt purposes under 501(C)(3).
Official website here: www.blackbaudgivingfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.
The Blackbaud Giving Fund has received a moderate rating of 74% from Charity Navigator, indicating areas of strength and some room for improvement. The organization excels in leadership and adaptability with a perfect score of 100, demonstrating effective governance through a fully independent board of directors. Its program expense ratio is notably high at 99.92%, suggesting a strong commitment to programmatic spending relative to its overall expenses.
However, there are notable limitations. The organization lacks certain key policies, specifically a whistleblower policy and a document retention policy, both of which received zero points in evaluations. Additionally, while their financial oversight is strong, there is no data available on the salaries of key personnel, limiting transparency in this area. The Blackbaud Giving Fund aims to strengthen its operational systems and clarify its value proposition in the nonprofit sector to enhance sustainability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is The Blackbaud Giving Fund legitimate?
The Blackbaud Giving Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Blackbaud Giving Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.blackbaudgivingfund.org/
What is the mission statement of The Blackbaud Giving Fund?
The Blackbaud Giving Fund serves as a bridge between people and causes they are passionate about, unleashing generosity on a global scale. By sponsoring donor-advised funds, this organization supports a diverse range of charities, both domestic and international, aligned with its charitable purposes under section 501(C)(3). In 2022, BBGF granted over $682 million to various charitable causes, including education, human services, scientific research, health, arts, religion, children and youth, wildlife and animal welfare, disease prevention, disaster relief, and international aid. Working in collaboration with corporations, BBGF receives contributions from employees, matching grants, and direct donations. Donors recommend charities to support, and BBGF oversees, assesses, combines, and distributes grants on a monthly basis to vetted charities that meet the necessary qualifications.
Official website here: www.blackbaudgivingfund.org/
Who is the CEO of The Blackbaud Giving Fund?
Matthew Nash is the Director of The Blackbaud Giving Fund.
Official website here: www.blackbaudgivingfund.org/
What is the revenue of The Blackbaud Giving Fund?
The Blackbaud Giving Fund's revenue in 2022 was $661,948,030.
Official website here: www.blackbaudgivingfund.org/
Who are the executives of The Blackbaud Giving Fund and what are their salaries?
There is 1 employee and 5 volunteers at The Blackbaud Giving Fund.
Here are 7 key members and their salaries:
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- Compensation: $308,500
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Official website here: www.blackbaudgivingfund.org/
Where can I find the form 990 for The Blackbaud Giving Fund?
The Blackbaud Giving Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackbaudgivingfund.org/
Learn more at the official website: www.blackbaudgivingfund.org/
Mission Statement of The Blackbaud Giving Fund
The Blackbaud Giving Fund, a leading philanthropic organization, unleashes generosity by connecting people to causes they care about. This renowned fund sponsors donor-advised funds, supporting a multitude of US and international charities by making grants around the world. In alignment with its exempt purposes under section 501(C)(3), The Blackbaud Giving Fund harnesses the power of corporate giving to make grants from these funds, impacting numerous philanthropic causes.
In 2022, The Blackbaud Giving Fund granted a remarkable $682,018,483 to a diverse range of charitable causes. These causes included, but were not limited to, 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. The Blackbaud Giving Fund collaborated with corporations to receive contributions from their employees, matching grants from their employers, and direct donations from corporations and corporate foundations.
Donors played a crucial role in the grant-making process, making recommendations at the time of contribution. The Blackbaud Giving Fund then oversaw, assessed, combined, and distributed grants on a timely cadence (monthly) to vetted charities that qualified in accordance with section 501(C)(3). In this way, The Blackbaud Giving Fund bridges the gap between generous donors and deserving causes, amplifying the positive impact of philanthropy on a global scale.
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Impact
October, 2024
The Blackbaud Giving Fund significantly enhances philanthropic efforts by connecting individuals to causes they are passionate about. Through corporate giving initiatives, the fund leverages donor-advised funds to make substantial grants that support a wide array of charitable causes, both domestically and internationally.
In 2022 alone, the Blackbaud Giving Fund disbursed over $682 million in grants, aiding diverse sectors including education, human services for the underprivileged, scientific research, health, arts and humanities, and wildlife welfare, among others. This impactful work is facilitated by collaboration with corporations, enabling contributions from individual employees, employer matching grants, and direct corporate donations.
The fund efficiently manages the recommendation and distribution process, providing timely support to vetted charities that meet the qualifications set forth under 501(c)(3). By doing so, it not only amplifies the reach of philanthropic contributions but also ensures that funds are allocated where they can make the most significant impact, fostering a culture of generosity and community support worldwide.
This information is meant to be a general summary of The Blackbaud Giving Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $567,138
- Gross Receipts: $661,948,030
Assets and Liabilities:
- Total Assets: $59,767,822
- Total Liabilities: $33,483,157
- Net Assets: $26,284,665
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Organization Details
Founding Year
2012
Phone
(843) 654-2079Principal Officer
Matthew Nash
Main Address
65 FAIRCHILD STREET, CHARLESTON, SC, 29492
Website
www.blackbaudgivingfund.org/NTEE Category
Code: T12 - Philanthropy
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