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← THE BLACKBAUD GIVING FUND

Form 990 for tax year 2024

Filed by THE BLACKBAUD GIVING FUND.

Totals

Total revenue
$561,434,919
Total expenses
$556,612,304
Contributions and grants received
$558,754,302
Grants paid
$552,588,421
Program service revenue
$0
Investment income
$1,372,376
Other revenue
$1,308,241
Total assets, end of year
$52,695,165
Total liabilities, end of year
$25,235,626
Net assets or fund balances, end of year
$27,459,539
Program services expenses (Part IX)
$555,759,178
Management and general expenses
$853,126
Fundraising expenses
$0
Program service expenses (Part III)
$555,759,178

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $558,754,302

  • 3 · Investment income

    total $1,372,376 · excluded $1,372,376

  • 11a · Other revenue: RECOVERED BANK FEES

    total $961,107 · excluded $961,107

  • 11b · Other revenue: RECOVERED VETTING FEES

    total $346,706 · excluded $346,706

  • 11d · All other revenue

    total $428 · excluded $428

  • 11e · Other revenue, total

    $1,308,241

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $541,625,373 · program services $541,625,373

  • 3 · Grants to foreign organizations and individuals

    total $10,963,048 · program services $10,963,048

  • 5 · Compensation of officers, directors and key employees

    total $350,000 · program services $175,000 · management and general $175,000

  • 7 · Other salaries and wages

    total $109,274 · program services $54,637 · management and general $54,637

  • 8 · Pension plan contributions

    total $15,950 · program services $7,975 · management and general $7,975

  • 9 · Other employee benefits

    total $3,490 · program services $1,745 · management and general $1,745

  • 11a · Fees: management

    total $47,906 · management and general $47,906

  • 11b · Fees: legal

    total $53,759 · management and general $53,759

  • 11c · Fees: accounting

    total $147,196 · management and general $147,196

  • 12 · Advertising and promotion

    total $245,310 · management and general $245,310

  • 13 · Office expenses

    total $93 · management and general $93

  • 14 · Information technology

    total $6,205 · management and general $6,205

  • 17 · Travel

    total $23,711 · management and general $23,711

  • 19 · Conferences, conventions and meetings

    total $1,655 · management and general $1,655

  • 23 · Insurance

    total $72,644 · management and general $72,644

  • 24a · Other expenses: CREDIT CARD FEES

    total $1,620,740 · program services $1,620,740

  • 24b · Other expenses: BANKING AND MERCHANT SE

    total $963,954 · program services $963,954

  • 24c · Other expenses: VETTING FEES

    total $346,706 · program services $346,706

  • 24d · Other expenses: MISCELLANEOUS

    total $15,290 · management and general $15,290

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,732,353 · end of year $2,007,293

  • 2 · Savings and temporary cash investments

    beginning of year $47,716,440 · end of year $50,041,249

  • 4 · Accounts receivable

    beginning of year $304,247 · end of year $574,273

  • 9 · Prepaid expenses and deferred charges

    beginning of year $54,335 · end of year $72,350

  • 17 · Accounts payable and accrued expenses

    beginning of year $276,778 · end of year $333,259

  • 18 · Grants payable

    beginning of year $26,893,673 · end of year $24,902,367

  • 27 · Net assets without donor restrictions

    beginning of year $22,636,924 · end of year $27,459,539

Mission and programs · 2024

Mission

SINCE ITS INCEPTION, BBGF HAS ADMINISTERED OVER $2.2 BILLION IN DONATIONS FROM PASSIONATE INDIVIDUALS AND CORPORATIONS TO 195,000 NONPROFIT ORGANIZATIONS AROUND THE WORLD.

Activities or mission (Part I)

THE BLACKBAUD GIVING FUND UNLEASHES GENEROSITY BY CONNECTING PEOPLE TO CAUSES THEY CARE ABOUT.

  • 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 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 2024, GRANTS TOTALED $552,588,421 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.

    Expenses $555,759,178 · Grants $552,588,421

As filed on the 2024 return.

Listed in Part VII

  • DAN APTOR

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • TYCELY WILLIAMS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • JEFFREY ANGERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • DAVID KIMM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ELIZABETH MARENAKOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATTHEW NASH

    EXECUTIVE DIRECTOR

    Total calculated
    $357,875
    From this org
    $350,000
    From related orgs
    $0
    Other
    $7,875
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,500
    Bonus
    $87,500
    Other
    $0
    Deferred
    $7,875
    Nontaxable benefits
    $0
    Filer's total
    $357,875

  • JENNIFER STUDLEY

    TREASURER

    Total calculated
    $31,691
    From this org
    $28,775
    From related orgs
    $0
    Other
    $2,916
    Hours/week
    8

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE EXECUTIVE DIRECTOR AND OPERATIONS DIRECTOR IS DETERMINED BY THE BOARD WHO RELIES ON COMPARABLE COMPENSATION DATA, USING 990 FILINGS FROM OTHER DONOR ADVISED FUND SPONORS TO ENSURE REASONABLENESS. ALL DECISIONS CONCERNING COMPENSATION ARE DOCUMENTED IN BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024 FOR THE OPERATIONS DIRECTOR.
PART I, LINE 7
EXECUTIVE DIRECTOR HAS AN OPPORTUNITY FOR A BONUS BASED ON THE STATED GOALS OF THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
4 August 2025
IRS schema version
2024v5.2
Source object
202542169349301664

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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