The Blackbaud Giving Fund Disburses Over $2.2 Billion to Nonprofits Since Inception
The Blackbaud Giving Fund, a donor-advised fund that brings supporters and nonprofits together to advance the state of giving, is proud to announce the disbursement of almost $600 million in charitable giving in 2023, bringing its lifetime disbursements to over $2.2 billion. Supporting donations from workplace and peer-to-peer giving, The Blackbaud Giving Fund safely disbursed funds from individuals and corporate grants to over 127,000 nonprofits worldwide last year. The Fund primarily saw donations for sustainable cities and communities, quality education, partnerships and goals, and health and well-being.
“Giving is a powerful way for donors to support causes they care most about,” said Matt Nash, executive director of The Blackbaud Giving Fund. “Through the generosity of individuals across the nation, we can support thousands of nonprofits doing critical work, enabling them to continue to carry out their mission for the communities they serve.”
Corporate donation matches accounted for approximately half of all donations disbursed through The Fund in 2023. These matches are made in tandem with employee contributions, which often doubles the impact of an individual donation, further emphasizing companies' immense impact on the philanthropic landscape. These programs empower employees to support causes they care about while fostering a culture of philanthropy within the workplace.
The Blackbaud Giving Fund remains committed to supporting donors and nonprofits while enhancing the impact of charitable giving. The Fund looks forward to continuing to support important causes through safe and efficient donation delivery so nonprofits can continue working toward their mission.
Source: The Blackbaud Giving Fund
The preceding press release was provided by a company unaffiliated with NonProfit PRO. The views expressed within do not directly reflect the thoughts or opinions of the staff of NonProfit PRO.
