The Blackbaud Giving Fund

Analysis

The Blackbaud Giving Fund is a registered charity in United States, based in Daniel Island, SC. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Blackbaud Giving Fund reported income of $589.3m and spending of $593.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.3m to $589.3m (+2961%), an average of +135% a year. The sharpest change came in the year to December 2020, when income rose by 1462%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Blackbaud Giving Fund sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within SC. Charities of a similar size with the same main cause include Lettie Pate Evans Foundation Inc Trustee of the Restricted Fund Uw ($540.6m), Donors Fund Inc ($629.0m) and Foundation for the Carolinas ($538.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $363k. At year end it held assets of $49.8m against liabilities of $27.2m, net assets of $22.6m. It reported 1 employees.